Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "beatable"


14 mentions found


He says that companies with strong balance sheets and a lot of non-US revenue will outperform. But DeSanctis wrote that given the broader context, investors are more likely to reward companies with strong balance sheets. "With HY spreads widening and staying wide, weaker balance sheet companies should lag behind, especially given their cost of capital has likely risen. Companies with weaker balance sheets also perform poorly heading into an economic slowdown," he wrote. "We looked for lower risk, higher overseas revenue, clean balance sheets, came up with a dozen Buy-rated ideas," he wrote.
Wells Fargo reiterates PNC as overweight Wells said PNC should benefit from a "flight to quality." Deutsche Bank reiterates Charles Schwab as buy Deutsche said liquidity risks for Charles Schwab are overblown. Wells Fargo reiterates Western Alliance Bancorp as overweight Wells said it's standing by shares of the regional bank. Wells Fargo reiterates American Express as overweight Wells said investors should buy the dip in American Express shares. Bank of America reiterates Amazon as buy Bank of America said it's standing by its buy rating on shares of Amazon.
LightShed downgrades Apple to sell from neutral LightShed said in its downgrade of Apple that it sees moderating growth. Baird reiterates Tesla as a top pick Baird said it sees Tesla launching heat pump technology for homes. " Baird upgrades KeyCorp to outperform from neutral Baird said it sees an attractive risk/reward for the regional bank. Baird downgrades Allbirds to neutral from outperform Baird downgraded the footwear company after its disappointing earnings report. " Oppenheimer reiterates Pool Corp as outperform Oppenheimer said it sees a compelling entry point for shares of the pool company.
Shares of Chinese EV makers rose Thursday after Tesla reported record quarterly profit. Tesla CEO Elon Musk said he believes his company's biggest rival could come out of China. Alongside a rally in Tesla shares, Nio stock gained 3.2%, Li Auto charged up 7%, XPeng advanced by 3.4%, and BYD gained 4.8%. Tesla shares climbed by more than 10% during Thursday's trading session to surpass $161 a share. Wedbush analyst Dan Ives raised his Tesla price target to $200 from $175 and said Tesla has a beatable vehicle-delivery target of 1.8 million in 2023.
Tesla's Q4 earnings and guidance lay the foundation for the stock to jump back to $200, Wedbush said Thursday. Wedbush also raised its price target to $200, implying 38% upside for Tesla's stock from Wednesday's close. Analyst Dan Ives in a Thursday note lifted his Tesla price target to $200 from $175. Tesla stock charged up 7.7% to $152.63 during Thursday afternoon trade but pared a larger move. A number of investors and analysts, including Ives, have said Tesla's stock had come under pressure with Musk's controversial purchase of Twitter in October.
Microsoft may be facing some near-term pressures, but most analysts think the stock remains a buy at current levels. Radke has a buy rating on the stock, and raised his target price slightly to $282 from $280. His $300 price target represents more than 23% upside from Tuesday's closing price for the stock. Davidson's Gil Luria was especially bullish on Microsoft, saying that the tech giant "deserves a premium valuation relative to the market and its Pac4 comparables." He lowered his price target to $265 from $267.
Layoffs across tech are setting the stage for a 20% rally in the sector in 2023, Wedbush said Friday. Tech companies have been "spending money like 1980's Rock Stars," the firm said. Wedbush backed its call for tech stocks to rise up to 20% this year. The firm reiterated its call that tech stocks will rise 20% in 2023, adding that it considers the group "way oversold" at current levels. Tech layoffs are taking place after a "decade of hyper-growth," said Ives.
This is the daily notebook of Mike Santoli, CNBC's senior markets commentator, with ideas about trends, stocks and market statistics. On balance, the result for stocks is a hesitation right near a fulcrum point for the S & P 500 – its 200-day moving average and the downtrend line from the January 2022 peak. In the very short term (like on a five-day rate-of-change scale) the S & P as of Wednesday's close was getting slightly stretched. -In the '90s, the Fed thought unemployment anywhere below around 5% to 6% would cause inflation to accelerate, but that proved wrong. For all of 2022, it has been smart to sell into rallies in the S & P at or above the 200-day average and when the VIX has dropped to or below 20.
Bank of America analysts said this week there are several stocks every investor must own for 2023. CNBC Pro combed through Bank of America research to find its top stocks to own this year. Bank of America says China reopening is a positive catalyst likely to send Starbucks shares higher. Shares are up more than 25% over the last six months and Bank of America calls Tapestry one of its best ideas for 2023. Tapestry "Tapestry remains a top pick given our view of its sustainable pricing power and solid capital return plan.
Chris Sununu of New Hampshire thinks Donald Trump is beatable in the GOP primary. He told The New York Times that it's going to be a "tossup" for a lot of different candidates. Chris Sununu, who was recently re-elected in New Hampshire by more than 15 points, does not think former President Donald Trump is a shoo-in for the 2024 Republican nomination. Speaking to The New York Times in a wide-ranging interview, he said that he thinks the former president will be beatable in the GOP primary. Days later, The Hill reported that he backtracked on the joke, saying: "Look, I don't think he's crazy.
Shares of Xponential Fitness could surge roughly 30% as the boutique fitness firm emerges as an industry leader, according to Citi. Analyst James Hardiman initiated coverage of Xponential Fitness with a buy rating, saying the franchisor behind the Club Pilates, YogaSix, Pure Barre classes and more is quickly expanding its business and can be resilient in a downturn. "XPOF has carved out a defensible and profitable position as the industry leader in the boutique fitness space. All this means shares of Xponential Fitness have handily outpaced the market this year. The fitness boutique stock is up 10% this year, while the S & P 500 is down roughly 17%.
The off-price retailer beat earnings expectations on Wednesday, reporting third-quarter earnings-per-share of 86 cents versus a StreetAccount estimate of 80 cents. Revenue, however, came in lower than expected, at $12.17 billion compared to the $12.3 billion expected by Wall Street. The glut of inventory in the retail space has helped lift TJX 's earnings, CEO Ernie Herrman said on the earnings conference call Wednesday. TJX's comparable-store sales were driven by the excellent performance of Marmaxx, particularly its apparel business, the company said. U.S. Marmaxx sales, which includes T.J. Maxx and Marshalls brand stores, rose 3%in the third quarter, while TJX's HomeGoods' comparable-store sales sank 16%.
"He has surprised everyone before," said Alex Conant, who managed communications for Sen. Marco Rubio's 2016 presidential campaign. Jeb Bush's 2016 presidential campaign and is a Trump critic. John Kasich's presidential campaign, is clear: He predicts neither Trump, President Joe Biden, nor Vice President Kamala Harris will be their respective parties' nominees in 2024. Asked whether Trump could win if he stopped talking about 2020, she replied, "Can Trump turn into a unicorn?" Glenn Youngkin's 2021 campaign in Virginia as well as Sen. Ted Cruz's 2016 presidential campaign.
The bond market splashes some cold water on the stock market's attempt at upside follow-through to Monday's strong but familiar one-day pop. It happened just as the S & P 500 revisited the "island" left by its early-October rally. The October high of 3,806 remains an initial mile-marker with tests all the way up to the 200-day average around 4,150. This is a precondition for a serious rally that challenges the entrenched downtrend, but not in itself enough to make one happen. It's good to have a high wall of worry for stocks to climb, barring serious market instability.
Total: 14