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

Search resuls for: "Samad Samana"


3 mentions found


While keeping his outperform rating, Vijay Rakesh chopped $10 off his price target to $145. The Oreo maker should see above-average earnings growth, Jordan said, and the stock itself is a high-quality core holding. — Alex Harring 5:50 a.m.: UBS lays out earnings expectations for Nvidia UBS is remaining bullish on Nvidia heading into the artificial intelligence giant's earnings report. Analyst Timothy Arcuri reiterated his buy rating and $150 price target heading into earnings expected later this month. His price target of $23, up from $20, implies a gain of 28.3% over the next 12 months.
Persons: Piper Sandler, Vijay Rakesh, Rakesh, Alex Harring, Shaun Kelley, Kelley, — Alex Harring, Eli Lilly, Eli Lilly's, James Shin, Shin, Jefferies, Samad Samana, Samana, Goldman, Goldman Sachs, Mills, Leah Jordan, Jordan, Kraft Heinz, Timothy Arcuri, Arcuri, Patrick Moley, Morley, HOOD, Fred Imbert Organizations: CNBC, UBS, Mizuho, Micron, Seagate Technology, Western, Bank of America, Gaming, Consumer, Terre Haute, Kentucky Derby, Deutsche Bank, Par Technology, Jefferies, Conagra Brands, Hershey, Nvidia UBS, Nvidia Locations: Churchill, Northern, Northern Virginia, Kentucky, Robinhood
Cathie Wood's Ark Invest increased its Shopify holdings as the company's shares plummeted Thursday. The famed money manager snapped up 609,763 Shopify shares on Thursday for its ARK Innovation (ARKK) exchange-traded fund. Shopify is the eighth largest holding in Ark's flagship fund, with the ETF holding $391.3 million of the stock. Ark Invest took the stock price's decline as a chance to buy Shopify at a discount, a strategy Wood's firm has implemented many times before. As a selling point to investors for her innovation fund, the Ark Invest CEO said: "Look through [the Nasdaq] now, you will not find the kind of disruptive innovation, it certainly doesn't dominate those indexes."
Citi is also sounding a cautious tone on the sector, calling 2023 a "year of dichotomy in software." Stock picks CNBC Pro had a look at Wall Street research to find the banks' top stock picks to play the software sector. The bank said the company's already "healthy" operating margins could grow about 20%. Goldman also likes tax technology software firm Vertex for its potential to "drive higher cloud margins over time." German software firm SAP is one of Bank of America 's top picks in European software.
Total: 3