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In turn, Wall Street analysts made a slew of bullish calls on five of our portfolio names — all of which report earnings next week SBUX YTD mountain Starbucks (SBUX) year-to-date performance Wall Street's call: Wells Fargo forecasted an improved backdrop for Starbucks. Although the stock's been a portfolio laggard, we're bullish on management's plans to progressively expand margins in the years to come. MSFT YTD mountain Microsoft (MSFT) performance year-to-date Wall Street's call: Morgan Stanley boosted Microsoft's price target to $450 per share from $415, citing the company's strength from generative artificial intelligence efforts. Analysts issued a slew of downbeat calls at the start of 2024, causing the stock to sell off. AMZN YTD mountain Amazon (AMZN) year-to-date performance Wall Street call: Jefferies said Amazon stock has even more room to run after a great 2023.
Persons: Wells Fargo, we're, Morgan Stanley, Goldman Sachs, refreshes, Jefferies, AMZN, Twitch, they're, Jim Cramer's, Jim Cramer, Jim, Brendan Mcdermid Organizations: Dow Jones, Wall Street, Club, Microsoft, Big Tech, Bank of America's, Apple, Analysts, MGM Studios, Management, Bank of America, CNBC, Traders, New York Stock Exchange Locations: Fargo, China, Tuesday's, Copilot, F1Q24E, Thursday's, New York City, U.S
With fourth quarter earnings season in full swing, Wolfe Research released a list of potential stocks that are best left alone. The companies fall into the bottom 20% of their sector earnings quality and are likely to underperform in 2024, according to Wolfe. The company's average earnings quality score for the trailing four quarters came in at 5. Its average earnings quality score for the trailing four quarters amounted to 25. The payments platform earned an earnings quality score of 10 and an average score in the trailing four quarters of 30.
Persons: Wolfe, Chris Senyek, Tesla, Elon Musk, Chewy, Goldman Sachs, Trevor Young, Morgan Stanley, BTIG, Oppenheimer, Dominick Gabriele, — CNBC's Michael Bloom Organizations: Wolfe Research, Tesla, Argos Holdings, Barclays, PayPal, Paypal, Mizuho Locations: F2H24
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