Latest Articles
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What’s Next For EOG’s Stock?
An energy company engaging in the exploration, development, production, and marketing of crude oil and natural gas, EOG Resources (NYSE: EOG) stock has been almost flat since the beginning of this year, compared to a 23% return of the S&P 500...
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Why Visa Stock Is Up 22% This Year
Visa stock (NYSE: V) is up approximately 22% year-to-date compared to a 23% rise in the S&P500 index over the same period. Visa peer Mastercard (NYSE: MA) has returned about 23%. So what are some of the factors driving Visa stock’s ...
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What’s Happening With FedEx Stock?
FedEx stock (NYSE: FDX) is expected to see higher levels after it announced the spin-off of its freight business. While this move was awaited, it bodes well for the stock, unlocking shareholder value. The division is estimated to be worth over ...
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Why Is Nike Stock Down 28% This Year?
Note: Nike’s FY’24 ended on May 31, 2024. A company designing, developing, and marketing footwear, apparel, equipment, and accessory products, Nike (NYSE: NKE), stock is down 28% since the beginning of this year, compared to 23%...
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What’s Behind 300% Rise In QUBT Stock?
The stock price of Quantum Computing Inc. (NASDAQ: QUBT), an integrated photonics company, focused on developing and commercializing quantum computing technologies, lost over 40% of its value on Thursday, December 19. Still, the stock is up a who...
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How Nvidia Stock Could Drop 50%
Could Nvidia stock (NASDAQ:NVDA) fall by about 50% to levels of around $65 in the near term from the roughly $130 level it is at currently? We believe this is a real possibility. Nvidia has seen its business boom, led by the surging demand for ...
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What’s Next For EL Stock After A 50% Fall This Year?
Despite an almost 50% decline in Estée Lauder stock (NYSE: EL) since the beginning of the year, at the current price of $75 per share, we believe the company could face a significant downside. Why is that? Well, Estée Lauder’s revenues wo...
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Should You Pick American Airlines Stock At $17?
American Airlines stock (NASDAQ: AAL) is up 15% in this month after the company raised its Q4 outlook. American Airlines now expects its Q4 earnings to be in the range of $0.55 and $0.75 per share, versus its prior guidance of $0.25 to $0.50. T...
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Is Palantir Stock Worth The Risk At $74?
Palantir Technologies stock (NASDAQ: PLTR) remains up by over 4x since the beginning of the year, trading at about $74 per share. However, we believe the stock is a high-risk trade at this juncture for a couple of reasons, including its high valu...
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Why is Cleveland-Cliffs Stock Down 50% This Year?
Cleveland-Cliffs (NYSE:CLF), a vertically integrated steel mill operator, has seen its stock decline by 50% since the beginning of the year as compared to the 28% gain in the S&P 500 Index. Cleveland-Cliffs downward stock price movement is ...
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Chewy’s Stock Is Up 47%, What’s Next?
Chewy’s stock (NYSE: CHWY) has experienced a notable 47% surge in the last year to around $32 (Dec 18), garnering significant investor attention. Chewy’s stock has plummeted 73% from its February 2021 peak of approximately $120 and ...
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What’s Driving Upswing in RH’s Stock?
Note: RH fiscal year ends in February’s first week. RH stock, is an upscale home furnishings retailer, which was formerly known as Restoration Hardware Holdings Inc. The company’s stock currently trades near $396 per share (Dec 18)...
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What’s Behind The 20% Rise In Alaska Air Stock This Month?
Alaska Air stock (NYSE: ALK) is up nearly 20% in this month after the company raised its Q4 outlook. Alaska now expects its Q4 earnings to be in the range of $0.40 and $0.50 per share, versus its prior guidance of $0.20 to $0.40. The company wi...
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Why Mastercard Stock Gained 25% This Year
Mastercard’s stock (NYSE: MA) is up approximately 25% year-to-date compared to the 27% rise in the S&P500 index over the same period. In comparison, Mastercard’s peer Visa (NYSE: V) has returned about 22%. So what are some of the factors ...
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Up 42% This Year, What’s Next For Morgan Stanley Stock?
Morgan Stanley’s stock (NYSE: MS) gained about 42% year-to-date. This compares to rival Goldman Sachs stock (NYSE:GS), which has seen its stock gain about 55% year-to-date. So what are some of the trends driving MS stock higher? Morgan Stanle...