Latest Articles
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Costco Stock Has Grown 2x S&P 500 This Year. What’s Next?
Note : Costco FY’24 ended on September 1, 2024. Warehouse club operator Costco (NASDAQ: COST) stock is up 52% since the beginning of this year, almost 2x the return of the S&P 500 over the same period. In comparison, Costco’s ...
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Up 57% This Year, What’s Driving BNY Mellon’s Stock?
Custody banking giant BNY Mellon stock (NYSE: BK) has had a solid year, rising by 57% since early January, almost 2x the return of the S&P 500 over the same period, aided by a surge in asset prices globally. In comparison, BNY Mellon’s peer...
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Trump, 18A Make Intel’s Foundry More Valuable Than Ever
Intel (NASDAQ:INTC) stock has declined by over 55% this year and trades at just about $21 per share. While part of the sell-off has come due to Intel’s market share losses in the CPU space and the broader industry pivot toward AI-focused GP...
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What’s Next For Chevron’s Stock?
Up 10% in the last year, at the current price of around $156 per share (as of Dec 11), we believe Chevron Corporation (NYSE: CVX), a company manufacturing and selling a range of refined petroleum products, including gasoline, diesel, marine, and ...
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Up 23% This Year, What’s New With U.S. Bancorp Stock?
U.S. Bancorp’s stock (NYSE: USB) has risen by about 23% year-to-date. This is below the S&P 500 which gained about 28% over the same period and also well below banking bellwether JPMorgan which is up 47% over the same period. So what’...
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ArcelorMittal Stock Could Touch $70
ArcelorMittal (NYSE:MT) pricey at six times forward earnings in the coming years? Not at all. Especially if you consider the fact that the company’s earnings could be more than double the current level in the next few years. How is that? W...
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Is Chipotle Stock A Better Pick Over Yum! Brands?
We believe that Chipotle Mexican Grill stock (NYSE: CMG) is a better pick than its industry peer – Yum! Brands (NYSE: YUM). CMG stock trades at a higher multiple of 8x sales, versus over 5x revenues for YUM. This can be attributed to CMG’...
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UnitedHealth Stock Falls Amid Outrage Over High Medical Costs
When you deny care, you push people to their limit. While the motive for the shooting of Brian Thompson, the CEO of the UnitedHealth Group’s medical insurance segment, is unknown, the outrage on social media is clear. UNH stock has taken ...
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How Amazon’s AI Chips, Auto Push Impact The Stock
Amazon stock (NASDAQ: AMZN) has fared well this year, rising by close to 50% so far. This is well ahead of fellow big tech titans Apple and Alphabet which remain up by about 34% each. Amazon has clearly gotten a lot of things right. Amazon’...
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What Google Quantum Breakthrough Means For Its Stock
Alphabet stock (NASDAQ: GOOG) jumped nearly 5% in Tuesday’s trading and has remained up over 7% over the past week. While multiple factors likely contributed to the rally, a standout development was the announcement of a breakthrough quan...
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Why Did Walgreens Stock Jump 18%?
Walgreens stock (NASDAQ:WBA) surged 18% on December 10 after reports emerged that it was being sold to a private equity investor. Walgreens is likely discussing a deal with New York-based Sycamore Partners that could close early next year. Syca...
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Despite Weak Sales, Best Buy’s Stock Up 12%: What’s Going On?
Best Buy’s stock (NYSE: BBY), an electronics specialty retailer, has increased 12% from around $78 to $87 (as of Dec 9, after close) year-to-date, underperforming the broader indices, with the S&P growing about 28% over the same perio...
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Wells Fargo Stock: What If the Asset Cap Is Lifted?
Wells Fargo’s stock (NYSE: WFC) has gained close to 51% year-to-date, as compared to the 28% rise in the S&P 500 index over the same period. In comparison, Wells Fargo’s peer, Bank of America (NYSE: BAC), is up 42% year-to-date. So what ...
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Why BlackRock Is Bulking Up Its Private Markets Business
BlackRock’s stock (NYSE: BLK) has gained roughly 32% year-to-date, as compared to the 28% rise in the S&P500 index over the same period. In comparison, BlackRock’s peer State Street’s stock (NYSE: STT) is up 31% year-to-date. The per...
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EBAY Stock vs. LULU Stock
We believe that the internet retail company eBay (NASDAQ: EBAY) is currently a better pick over the apparel retail company, Lululemon stock (NASDAQ:LULU). Although these companies are from different industries, they belong to the consumer cyc...