Latest Articles
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Up 12% This Year On AI Tailwinds, Will Micron Stock See Further Gains Following Q2 Results?
Micron Technology (NASDAQ: MU) is expected to publish its Q2 2024 results around March 20, reporting on a quarter that is likely to see the company benefit from stronger pricing for DRAM memory and higher demand for High Bandwidth Memory target...
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With Interest Rates Set To Drop, Are Homebuilder Stocks Like DR Horton And Pulte Group A Buy?
Our theme of Housing Stocks, which includes the stocks of home improvement players, building supply companies, and home builders has fared reasonably well this year, rising by about 11% year-to-date. This compares to the S&P 500, which has g...
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Will Q4 Results Help Extend The 14% Gain In American Eagle Stock Since Beginning of This Year?
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 fourth-quarter results on Thursday, Mar...
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With VW Partnership And Progress With Self-Driving Tech, Is Xpeng Stock Undervalued At $9?
Chinese luxury electric vehicle maker Xpeng stock (NYSE:XPEV) posted mixed delivery numbers for February, selling 4,545 EVs for the month, down 44.9% from January, and down 24% from the year-ago period. The decline was not really surprising, giv...
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Up 26% Already This Year, What Is Next For Tripadvisor Stock?
After a 26% growth since the beginning of 2024, at the current price of around $27 per share, we believe Tripadvisor’s stock (NASDAQ: TRIP), an online travel company providing booking for hotel reservations, transportation, lodging, and tr...
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What’s Next For Anheuser-Busch InBev (BUD) Stock After A 7% Fall This Year Despite Q4 Earnings Beat?
Anheuser-Busch InBev stock (NYSE: BUD) recently reported its Q4 results, with revenues falling short but earnings beating the street estimates. The company reported revenue of $14.5 billion and an adjusted profit of $0.82 per share compared to...
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Up 69% In The Last Twelve Months, What To Expect From Salesforce Stock?
Salesforce stock (NYSE: CRM) has gained 20% YTD, as compared to the 8% rise in the S&P500 over the same period. Further, at its current price of $315 per share, it is trading 3% below its fair value of $323 – Trefis’ estimate for Salesfo...
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Down 40% This Year, Will New Models And Budget EV Help Nio Stock Rebound?
Chinese luxury electric vehicle maker Nio stock (NYSE:NIO) posted mixed delivery numbers for February, delivering 8,132 cars for the month, down 19% from January and 33% lower from the year-ago period. The decline was not really surprising, give...
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Up 50% Over The Past Month Despite Mixed February Deliveries, What Lies Ahead For Li Auto Stock?
Chinese luxury electric vehicle maker Li Auto stock (NASDAQ:LI) posted mixed delivery numbers for February, shipping 20,251 cars, down 35% from January, although it marks an increase of about 22% compared to last year. Automotive sales in China a...
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What’s Next For Textron Stock After 10% Gains This Year?
Textron (NYSE: TXT) reported its Q4 results last month, with the top line aligning and the bottom line beating the street estimates. The company reported revenues of $3.9 billion and adjusted earnings of $1.60 per share, compared to the consens...
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Up 19% YTD, What To Expect From Hartford Financial Stock?
Hartford Financial’s stock (NYSE: HIG) has gained approximately 19% YTD as compared to the 6% rise in the S&P500 index over the same period. Further, at the current price of $96 per share, it is trading 6% below its fair value of $102 – Tr...
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What’s Next For Medtronic Stock After An Upbeat Q3?
Medtronic (NYSE: MDT) recently reported its Q3 fiscal 2024 results (fiscal ends in April), with revenues and earnings beating the street estimates. The company reported revenue of $8.1 billion and adjusted earnings of $1.30 per share compared ...
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Trailing S&P500 By 31% Since The Start Of 2023, Will Morgan Stanley Stock Close The Gap?
Morgan Stanley’s stock (NYSE: MS) has gained roughly 1% since the start of 2023, as compared to the 32% rise in the S&P500 over the same period. Further, the stock is currently trading at $86 per share, which is 10% below its fair value of...
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Down 8% From Highs Seen In December 2023, Will Wheaton Stock Gain Following Q4 Results?
Wheaton Precious Metals stock (NYSE: WPM) is poised to publish its Q4 2023 results around mid-March. We estimate that the company’s revenue will come in at about $288 million for the quarter, marking an increase of about 22% versus last y...
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Should You Pick Honeywell Stock After A 5% Fall This Year?
Honeywell (NYSE: HON) reported its Q4 results earlier this month, with revenues missing and earnings marginally ahead of the street estimates. The company reported revenue of $9.4 billion and adjusted profit of $2.60 per share compared to the ...