Latest Articles
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Should You Pick Merck Stock At $115 After A Q2 Beat?
Merck (NYSE: MRK) recently reported its Q2 results, with revenues and earnings exceeding our estimates . The company garnered $16.1 billion in revenue and adjusted earnings of $2.28 per share, compared to our estimates of $15.9 billion and $2....
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Down 6% YTD, Will ConocoPhillips Stock Gain Following Q2 Results?
ConocoPhillips (NYSE: COP), a pure-play oil and natural gas producer, is scheduled to announce its fiscal second-quarter results on Thursday, August 1. We expect ConocoPhillips stock to trade higher post Q2 with both revenue and earnings beating ...
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Down 34% This Year, Will Sirius Stock Recover Following Q2 Results?
Sirius XM (NASDAQ: SIRI), a leading provider of satellite radio, is scheduled to announce its fiscal second-quarter results on Thursday, August 1. We expect Sirius XM stock to likely trade lower with revenues beating and earnings missing market e...
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Amazon Stock Is Beating S&P500 In YTD Returns, What To Expect From Q2 Results?
Amazon (NASDAQ: AMZN) stock gained 20% YTD, as compared to a 15% rise in the S&P500 index. Notably, Amazon’s peer eBay (NASDAQ: EBAY) is up 30% YTD. Overall, AMZN is scheduled to report its fiscal Q2 2024 results on Thursday, August 1, 20...
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Up 7% So Far, What Lies Ahead For Chevron’s Stock Post Q2 Results?
Chevron Corporation (NYSE: CVX), a company manufacturing and selling a range of refined petroleum products, including gasoline, diesel, marine, and aviation fuels, premium base oil, finished lubricants, and fuel oil additives, is scheduled to ann...
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Alibaba’s Q1 Preview: Navigating A Tough Chinese Economy
Chinese e-commerce and cloud behemoth Alibaba stock (NYSE:BABA) stock has been a weak performer this year, rising by just about 1% since early January. In comparison, its U.S.-based peer Amazon (NASDAQ:AMZN) has gained 21% over the same period. ...
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Should You Pick Bristol Myers Squibb Stock At $50 After A Solid Q2 Beat?
Bristol Myers Squibb (NYSE: BMY) recently reported its Q2 results, with revenues and earnings exceeding our estimates . The company reported revenue of $12.2 billion and adjusted earnings of $2.07 per share, compared to our estimates of $11.6 ...
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What’s Next For Norfolk Southern Stock After A Q2 Earnings Beat?
Norfolk Southern (NYSE: NSC) recently reported its Q2 results, with revenues missing but earnings comfortably above our estimates . The company reported revenue of $3.04 billion and earnings of $3.25 per share, compared to our estimates of $3.0...
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Higher Gold Prices, Improving Production Will Drive Barrick’s Q2 Results
Barrick Gold stock (NYSE: GOLD) is expected to publish its Q2 2024 results in early August, reporting on a quarter that saw gold prices continue to trend upward. We expect earnings to come in at about $0.27 per share, up from $0.19 in the year-...
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25% Gains Left For Nike’s Stock?
Note: Nike’s FY’24 ended on May 31, 2024. After almost a 33% decline so far this year, at the current price of around $73 per share, we believe Nike stock (NYSE: NKE), a company designing, developing, and marketing footwear, appa...
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Security And Compute In Focus As Akamai Reports Q2 Earnings
Akamai (NASDAQ:AKAM) is slated to report its Q2 FY’24 results on August 8. We estimate that Akamai’s revenue will come in at about $980 million for the quarter, slightly ahead of consensus estimates and 4.5% higher compared to last y...
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Will Pricing Gains Drive Altria’s Q2?
Altria (NYSE: MO) will report its Q2 2023 results on Wednesday, July 31, and it will likely post an upbeat quarter. We expect the company to post revenue of $5.43 billion and adjusted earnings of $1.35 per share, compared to the consensus estim...
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Does GE Aerospace Stock Have More Upside Potential After A 70% Rise This Year?
GE Aerospace (NYSE: GE) recently reported its Q2 results, with revenues missing but earnings well above the street estimates. The company reported adjusted revenue of $8.2 billion and adjusted earnings of $1.20 per share, compared to the conse...
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What’s Next For 3M Stock After A 20% Rise Last Week Amid Q2 Beat?
3M (NYSE: MMM) recently reported its Q2’24 results, with revenues and earnings beating the street estimates. The company reported adjusted revenue of $6.0 billion and earnings of $1.93 on a per-share and adjusted basis, compared to the co...
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Should You Pick Honeywell Stock At $200 Levels After An Upbeat Q2?
Honeywell (NYSE: HON) recently reported its Q2 results, with revenues and earnings exceeding our estimates. The company reported revenue of $9.6 billion and adjusted earnings of $2.49 per share, compared to our estimate of $9.4 billion and $2....
