Latest Articles
-
Salesforce Stock Dropped More Than 20% In One Day, What’s Next?
Salesforce stock (NYSE: CRM) dropped 21.6% on 30th May, as compared to the 1% decrease in the S&P500. In sharp contrast, Salesforce’s peer Oracle (NYSE: ORCL) stock was down only 5% over the same period. The sharp drop in the CRM stock pr...
-
Is F5 Stock A Better Pick Over Abercrombie After Its Recent 20% Rise?
Given its better prospects, we believe F5 stock (NASDAQ: FFIV), an application security provider, is a better pick than Abercrombie & Fitch (NYSE: ANF), a specialty retailer selling casual clothing and footwear. ANF stock saw a stellar 2...
-
American Airlines Stock Has Seen A 15% Fall This Year Despite Increased Profitability
The stock price of American Airlines (NASDAQ: AAL) saw a 13% fall on Wednesday, May 29 after it cut its second quarter outlook and the company’s management admitted to losing business travel to rival airlines. In contrast, United Airlines stoc...
-
Paychex Stock Underperforms Amid Economic Uncertainty. Can It Recover To Over $140?
Paychex stock (NASDAQ:PAYX) currently trades at $118 per share, around 16% below its level of $141 seen on April 6, 2022 (pre-inflation shock high), and has the potential for gains. In comparison, the company’s peer ADP stock (NASDAQ:ADP)...
-
Will Forward Air Stock See A Recovery After 75% Fall This Year?
The stock price of Forward Air (NASDAQ: FWRD), an asset-light freight and logistics company with operations in the United States and Canada, trades at $15 per share, about 90% below its peak level of $125 seen in January 2022. FWRD stock was tra...
-
With 10% Gains This Year 3M Stock Appears To Be A Better Pick Over Philip Morris
Given its better prospects, we believe 3M stock (NYSE: MMM) is a better pick than Philip Morris stock (NYSE: PM). Although these companies are from different sectors, we compare them because of their similar revenue base of around $30-35 bill...
-
With The Stock Almost Flat This Year, Will Q1 Results Drive Gap’s Stock Higher?
Gap Inc. stock (NYSE: GPS), a specialty retailer selling casual apparel, accessories, and personal care products for men, women, and children under the Gap, Old Navy, and Banana Republic brands, is scheduled to report its first-quarter results on...
-
Up 23% Since Beginning of This Year, Will Costco’s Strong Run Continue Following Q3 Results?
[Note: Costco’s fiscal year ends in August] Costco (NASDAQ: COST) is scheduled to report its fiscal third-quarter results on Thursday, May 30. We expect Costco stock to trade lower with revenues and earnings likely missing expectations. Co...
-
Gaining 19% YTD, Where Is Goldman Sachs Stock Headed?
Goldman Sachs’ stock (NYSE: GS) has gained approximately 19% YTD as compared to an 11% rise in the S&P500 index over the same period. In comparison, Goldman Sachs’ peer Morgan Stanley (NYSE: MS) has seen its stock rise 6% over the same p...
-
Can Harley-Davidson Stock Rally 50% To Its Pre-Inflation Shock Highs?
Harley-Davidson stock (NYSE:HOG) currently trades at $35 per share, around 32% below its level of $52 seen on May 17, 2021 (pre-inflation shock high), and appears to be undervalued. On the other hand, Ford stock (NYSE:F) is down by about 12% ov...
-
Down 7% This Year, Will Best Buy Stock Recover Following Q1 Results?
Note: Best Buy’s FY’24 ended Jan 2024 Best B uy (NYSE: BBY), a specialty retailer of consumer electronics, is scheduled to report its fiscal first-quarter results on Thursday, May 30. We expect the retailer’s stock to grow pos...
-
Watsonx Can Help IBM Stock Gain Lost Ground
Computing behemoth IBM (NYSE:IBM) has gained close to 4% year-to-date in 2024, underperforming the broader Nasdaq-100 which gained about 14% over the same period. In contrast, IBM’s peer Oracle stock (NYSE:ORCL) has gained 19% year-to-date....
-
Rising 9% This Year, What Lies Ahead For American Eagle Stock Following Q1 Earnings?
American Eagle Outfitters (NYSE: AEO), which sells men’s and women’s apparel and accessories under the American Eagle, Tailgate, Todd Snyder, and Aerie brands, is scheduled to report its fiscal first-quarter results on Wednesday, May...
-
How Are CVS Health’s Profit Margins Trending?
CVS Health (NYSE: CVS) saw its net income expand by $4.2 billion or 101% y-o-y to $8.3 billion in 2023. This can primarily be attributed to the opioid litigation charges included in the 2022 results. In this note, we discuss CVS’ margin profile...
-
How Does The Current Performance of Southwest Airlines Stock Compare With The 2008 Recession?
Southwest Airlines stock (NYSE: LUV) currently trades at $27 per share, more than 55% below its level in April 2021, and it can see higher levels over time. Southwest Airlines saw its stock trading at around $36 in early June 2022, just before ...