Latest Articles
-
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...
-
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 ...
-
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...
-
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 ...
-
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...
-
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...
-
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...
-
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...
-
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 ...
-
Should You Pick American Airlines Stock At $14 After A 6% Fall In A Week?
American Airlines (NASDAQ: AAL) stock has seen a decline of 6% in a week, after it revised its Q1’24 earnings outlook to be at the lower end of its earlier provided range of $(0.15) to $(0.35) per share, compared to a $(0.23) consensus es...
-
Visa Stock Gained 30% In The Last Twelve Months, What To Expect Now?
Visa’s stock (NYSE: V) has gained 10% YTD, as compared to the 9% rise in the S&P500 over the same period. Further, at its current price of $285 per share, it is trading 5% below its fair value of $301 – Trefis’ estimate for Visa’s valuat...
-
Up 11% In The Last Trading Session, What To Expect From Oracle Stock?
Oracle’s stock (NYSE: ORCL) has gained approximately 21% YTD as compared to the 7% rise in the S&P500 index over the same period. Further, the stock rose by 11.7% yesterday vs 1% in the S&P500. It came after the ORCL outperformed the ea...
-
What’s Behind The 15% Fall In Southwest Airlines Stock Earlier This Week?
Southwest Airlines (NYSE: LUV) stock plunged around 15% in Tuesday’s trading, after it announced that it will trim its capacity plans and revisit the financial forecast for 2024. This can be attributed to fewer expected deliveries from Boeing. ...
-
What’s Next For Moderna Stock After Nearly A 20% Rise In A Week?
Moderna (NASDAQ:MRNA) stock rallied 9% yesterday, after it launched phase 2/phase 3 clinical trials for a messenger RNA-based vaccine for skin cancer patients that it is developing with Merck. As per an earlier study, a combination of the vaccine...
-
Down 10% This Year, Will Gen AI Tools Help Apple Stock Recover?
Apple (NASDAQ:AAPL) stock has had a tough 2024 so far, declining by about 10% year-to-date, underperforming its big tech peers as well as the Nasdaq-100, which has gained about 9% over the same period. So what are some of the reasons for the decl...