Latest Articles
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Up 19% YTD, Where Is eBay Stock Headed?
eBay’s stock (NASDAQ: EBAY) has gained roughly 19% YTD, as compared to the 9% rise in the S&P500 index. However, at its current price of $52, the stock is trading 6% above its fair value of $49 – Trefis’ estimate for eBay’s valuation ....
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Is Rio Tinto Stock Attractive At $62
The shares of diversified mining giant Rio Tinto (NYSE: RIO) have declined almost 16% since early 2023, underperforming the broader markets. The company recently posted weaker-than-expected earnings for FY’23, with revenue declining by 2....
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What To Expect From FedEx’s Q3 After 20% Gains In A Year?
FedEx (NYSE: FDX) is scheduled to report its fiscal Q3 2024 results on Thursday, March 21. We expect it to post revenue in line and earnings above the street expectations. FedEx will likely see a marginal growth in its average daily volumes acros...
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Should You Pick Humana Stock After A 25% Fall This Year?
Humana (NYSE: HUM) currently trades around $350 per share, 30% below its peak level of over $500 seen in September 2022, and it seems like it can see higher levels over time. HUM stock was trading at around $470 in June 2022, just before the ...
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Up 5x Over The Last Twelve Months, Where Is Abercrombie & Fitch Stock Headed?
Note: ANF’s FY’23 ended on February 3, 2024. After almost a 5x growth in the last twelve months (and a 45% rise YTD), at the current price of around $130 per share, we believe Abercrombie & Fitch’s stock (NYSE: ANF), a sp...
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Down 19% In Last Twelve Months, Will Nike Stock Gain Following Q3 Results?
[Note: Nike fiscal year ends in May] Nike’s stock (NYSE: NKE), a company designing, developing, and marketing footwear, apparel, equipment, and accessory products, is scheduled to report its fiscal 2024 third-quarter results on Thursda...
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Will The Blackwell Launch Drive Nvidia Stock To $1,000?
Nvidia (NASDAQ: NVDA) revealed its latest flagship GPU chips targeted at artificial intelligence, as it looks to widen its dominance in the AI race. The new processors dubbed the B200 and GB200 are built on the new Blackwell architecture and s...
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Will Johnson & Johnson Stock Rebound To Its Pre-Inflation Shock Highs of $185?
Johnson & Johnson (NYSE: JNJ) currently trades around $160 per share, 15% below its peak level of over $185 seen in April 2022, and it seems like it can see higher levels over time. JNJ stock was trading at around $180 in June 2022, just ...
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Should You Pick Eli Lilly Stock After A 4x Rise In Three Years?
Eli Lilly stock (NYSE: LLY) has seen phenomenal gains of 345% from levels of $170 in early January 2021 to around $755 now, vs. an increase of about 35% for the S&P 500 over this roughly three-year period. This can primarily be attributed t...
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Down 9% This Year, What’s Next For Lululemon’s Stock Past Q4 Results?
[Note: Lululemon’s FY’23 ended January 2024] Lulule mon (NASDAQ: LULU), a company designing and selling athletic and casual apparel, is scheduled to report its fiscal fourth-quarter results on Thursday, March 21. We expect LULU ...
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Down 14% In The Last Trading Session, Where Is Adobe Stock Headed?
Adobe’s stock (NASDAQ: ADBE) has lost 17% in 2024 as compared to the 7% rise in the S&P500 index over the same period. Further, the stock price dropped 13.7% on Friday vs a 0.7% gain in the broader index. The decline came after the firm pos...
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Will Higher Federal Government Spending, Gen AI Drive Digital Security Stocks Like CrowdStrike Higher?
Our theme of Cyber Security Stocks , which includes the likes of CrowdStrike (NASDAQ:CRWD) has gained about 11% this year, performing slightly better than the broader Nasdaq-100, which remains up by around 8% over the same period. While the bro...
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Up 30% In A Year Is FedEx Stock A Better Pick Over UPS?
Given its better prospects, we believe UPS stock (NYSE: UPS) is a better pick than its peer — FedEx stock (NYSE: FDX). UPS trades at a higher valuation multiple of 1.4x revenues vs. 0.7x for FedEx, due to its superior revenue growth, profita...
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Trading At A Mere 4x Earnings, Is Volkswagen Stock Attractive?
Volkswagen stock (OTCMKTS: VWAGY) has been a laggard of sorts, declining by about 18% over the last 12 months, compared to rivals GM and Toyota who have gained 14% and 20%, respectively, over the same period. However, the stock has gained about...
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Netflix On A Roll As It Benefits From Paid Sharing And Ads. Is The Stock Undervalued At $610?
Netflix (NASDAQ:NFLX) stock has been a solid performer this year, rising by over 25% since early January, outperforming the Nasdaq-100, which gained about 10% over the same period. The stock is also up 2x over the past 12 months. There have been ...