Latest Articles
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Should You Pick United Airlines Stock Ahead of Q1 Results?
United Airlines (NASDAQ: UAL) will report its Q1 2024 results on Wednesday, April 17. We expect the company’s revenues to come in at $12.4 billion, marginally below the consensus estimate of $12.5 billion. This would mark year-over-year g...
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Will The Q1 Medical Care Ratio Define The Move In UnitedHealth Stock?
UnitedHealth Group (NYSE: UNH) is scheduled to report its Q1 2024 results on Tuesday, April 16. We expect UnitedHealth to post revenue of $99.7 billion and earnings of $6.75 on a per-share and adjusted basis, aligning with the street expectatio...
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Rising 24% In The Last Six Months, How Will BlackRock Stock Trend After 2024 Q1 Results?
BlackRock (NYSE: BLK) is scheduled to report its fiscal Q1 2024 results on Friday, April 12, 2024. We expect BlackRock to outperform the consensus estimates for revenues and earnings. The company surpassed the street expectations in the last q...
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With Mid-Band 5G Gaining Momentum, What To Expect From Verizon’s Q1 Results?
Wireless behemoth Verizon (NYSE:VZ) is slated to report its Q1 2024 results on April 22. We estimate that revenues will come in at about $33.3 billion for the quarter, in line with consensus estimates and down 1% compared to last year. We project...
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Up 27% Year To Date, Will Q1 Results Drive Netflix Stock Higher?
Netflix (NASDAQ:NFLX) is slated to report its Q1 2024 results on April 18. We estimate that Netflix’s revenue will come in at about $9.3 billion for the quarter, marginally ahead of the consensus estimates of $9.27 billion and the company&#...
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What’s Next For Johnson & Johnson Stock After A 6% Decline In A Month?
Johnson & Johnson (NYSE: JNJ) recently announced its plans to acquire Shockwave Medical for $13 billion. Shockwave will help J&J extend its offerings in the cardiovascular intervention market. This acquisition will expand sales growth...
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After A 25% Fall In A Week Is Lamb Weston Stock Undervalued At $80?
Lamb Weston (NYSE:LW), one of the world’s largest producers of frozen French fries, recently reported its Q3’24 results (fiscal ends in May), with revenue and earnings missing the street expectations. The company reported revenue of $1.46 ...
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TGT Stock Up 21% YTD, What’s Next?
Note: TGT’s fiscal 2023 ended on Feb 3. After a 21% increase year-to-date, at the current price of around $172 per share, we believe Target (NYSE: TGT), the second-largest discount chain in the U.S. – is fairly priced. TGT stock rose...
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Should You Pick Valero Energy Or Phillips 66 Stock After Each Rose Over 25% This Year?
After the year-to-date move of over 25% each, we believe that the energy stocks Phillips 66 (NYSE: PSX) and Valero Energy (NYSE: VLO) are fully valued. PSX trades at a marginally higher valuation of 0.5x trailing revenues, compared to 0.4 x f...
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Up 50% In The Last 12 Months, Where Is UBS Stock Headed?
UBS’ stock (NYSE: UBS) has gained 1% YTD, whereas S&P500 has increased 9% over the same period. Further, at the current price of $31 per share, it is trading at par with its fair value – Trefis’ estimate for UBS’s valuation . In fa...
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Will Intel Stock Return To Pre-Inflation Shock Highs Of $68?
Intel stock (NASDAQ:INTC) currently trades at $40 per share, about 42% below the levels of almost $68 seen on April 9, 2021 (pre-inflation shock high). Intel saw a demand pullback post the Covid-19 lockdowns, as the remote working and learni...
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With Deliveries Falling And Inventory Piling Up, What’s Next For Tesla Stock?
Tesla (NASDAQ:TSLA) quarterly deliveries declined by 8.5% from a year ago to 386,810 vehicles for Q1 2024 and fell well below Wall Street estimates. The number was also down 20.2% from the prior quarter. This marks the first time in roughly four ...
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Will Keurig Dr Pepper (KDP) Stock Recover To Its Pre-Inflation Shock High of $40?
Keurig Dr Pepper stock (NASDAQ: KDP) currently trades at $31 per share, 23% below the peak level of $40 seen in August 2022, and it seems to have ample room for growth, in our view. KDP stock was trading at around $35 in early June 2022, just b...
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Is Johnson & Johnson Stock A Better Pick Over AbbVie?
We believe that the pharmaceuticals bellwether Johnson & Johnson (NYSE: JNJ) is currently a better pick over its peer AbbVie (NYSE: ABBV) . AbbVie trades at a higher valuation of 5.5x trailing revenues, compared to 4.6 x for JNJ. However, ...
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Up 13% YTD, What To Expect From Prudential Financial Stock?
Prudential Financial’s stock (NYSE: PRU) has gained roughly 13% YTD as compared to the 9% rise in the S&P500 index over the same period. Further, at its current price of $117 per share, it is trading 8% above its fair value of $108 – Trefi...
