Latest Articles
-
What To Expect From Paychex Q4 Results?
Payroll and HR solutions player Paychex (NASDAQ:PAYX) is expected to publish its Q4 FY’24 results on June 26, reporting on a period that saw the U.S. job market remain relatively buoyant. We expect earnings for the quarter to come in at ab...
-
Will Elevidys Approval Make Sarepta Stock An Acquisition Target?
The stock price of Sarepta Therapeutics (NASDAQ:SRPT), a biotech company focused on the discovery and development of RNA-targeted therapeutics and gene therapy for the treatment of rare diseases, was up 30% on Friday, June 21. This move came aft...
-
Walgreens Likely To Post A 25% Drop In Q3 Earnings
Walgreens (NASDAQ: WBA) is scheduled to report its fiscal Q3 2024 results on Thursday, June 27 (Walgreens’ fiscal ends in August). We expect WBA stock to trade higher post the Q3 announcement, with its revenue and earnings expected to be ab...
-
Can Hybird Focus And Buybacks Push Honda Stock Up By 20% ?
Japan’s second-largest automaker, Honda Motor stock (NYSE: HMC), has seen its stock rise by just about 1% this year, meaningfully underperforming the broader indices. In comparison, rival Toyota (NYSE:TM) has seen its stock rise by 7% o...
-
Up 45% This Year, Will Higher Flash Array Sales And Gen AI Drive NetApp Stock Higher?
NetApp (NASDAQ:NTAP) a company that provides on-premises data storage systems and public cloud services, has had a solid year so far, rising by close to 45% since early January with its stock trading at about $128 per share. While NetApp’...
-
Will Wireless Phone Business, Recovery In Ad Market Drive Comcast Stock Back To $60?
Comcast stock (NASDAQ: CMCSA), one of the largest cable TV and internet players in the U.S, currently trades at $38.50 per share, about 38% below the peak of $61.75 seen in September 2022, and appears to have room for some gains. Comcast has be...
-
Will Roche Stock Rebound To Its 2022 Highs of $50?
The stock price of Roche (OTCMKTS: RHHBY) trades at $35 per share, about 33% below its peak level of over $53 seen in April 2022. In contrast, its peer Bristol Myers Squibb stock (NYSE: BMY) saw a 48% decline over this period. RHHBY stock was ...
-
With Robust AI Prospects Is IBM A Better Pick Over Merck Stock Within The Dow Index?
We believe that the computing behemoth IBM (NYSE: IBM) is currently a better pick over the pharmaceuticals giant Merck (NYSE: MRK) . The decision to invest often comes down to finding the best stocks within the scope of certain characteristics...
-
How Does The Current Fall In Diageo Stock Compare With That During The 2008 Recession?
The stock price of Diageo (NYSE: DEO) trades at $130 per share, about 40% below its peak level of over $220 seen in December 2021. In contrast, its peer Anheuser-Busch InBev stock (NYSE: BUD) saw a 2% decline over this period. DEO stock was tr...
-
Alphabet Stock IS Beating S&P500 By 11% YTD, Where Is It Headed?
Alphabet (Google)’s stock (NASDAQ: GOOG) has gained 26% YTD as compared to the 15% rise in the S&P500 index over the same period. Notably, Alphabet’s peer Meta Platforms (NASDAQ: META) is up 40% YTD. Overall, at its current price of ...
-
As Streaming Business Approaches Profitability, Can Disney Stock Double To $200?
Disney stock (NYSE:DIS) currently trades at $102 per share, about 50% below its pre-inflation shock high of about $202 seen on March 8, 2021. The sell-off has been driven by several factors. Disney’s streaming business has been witnessing...
-
BP Stock Flat This Year, What Now?
With the stock flat so far this year, at the current price of around $35 per share, we believe BP plc stock (NYSE: BP), a European integrated energy major, could go higher in the long term. BP’s underlying replacement cost (RC) profit was ...
-
Should You Pick FedEx Stock At $250 Ahead of Q4 Results?
FedEx (NYSE: FDX) is scheduled to report its fiscal Q4 2024 results on Tuesday, June 25 (FedEx’s fiscal ends in May). We expect FDX stock to trade higher post the Q4 announcement, with its revenue and earnings expected to be above the stree...
-
Has The 737 MAX Clipped Boeing’s Wings? Is Airbus A Better Pick?
We believe that Boeing (NYSE: BA) is currently a better pick over Airbus (OTCMKTS: EADSY), given its attractive valuation. Airbus trades at a higher valuation of 1.9x trailing revenues, compared to 1.4 x for Boeing. This gap in valuation can...
-
American International Group Stock Is Up 9% YTD, What’s Next?
American International Group’s stock (NYSE: AIG) has gained around 9% YTD, while the S&P500 is up 15% over the same period. Notably, American International Group’s peer Travelers (NYSE: TRV) is also up 9% YTD. Overall, at its cur...
