Latest Articles
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What’s Next For Corning Stock After An Upbeat Q1?
Corning (NYSE: GLW) recently reported its Q1 results, with revenues and earnings exceeding our estimates . The company reported core revenue of 3.3 billion, down 3% y-o-y but above our $3.1 billion estimate. Its adjusted earnings of $0.38 per s...
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Down 22% YTD, What Lies Ahead For Starbucks’ Stock?
[Note: Starbucks’ fiscal year 2023 ended October 1] After a 22% decline so far this year, at the current price of around $75 per share, we believe Starbucks stock (NASDAQ: SBUX), the world’s leading roaster, marketer, and retailer ...
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Amazon Stock Is Up 22% YTD, What’s Next?
Amazon’s stock (NASDAQ: AMZN) has gained roughly 22% YTD as compared to a 6% rise in the S&P500 index over the same period. However, at its current price of $185, the stock is trading 13% below its fair value of $213 – Trefis’ estimate f...
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With Deliveries Picking Up And Budget Brand In The Offing, Is Xpeng Stock Attractive?
Chinese luxury electric vehicle maker Xpeng stock (NYSE:XPEV) delivered a total of 9,393 vehicles in April, up 32% year-over-year, despite the ongoing price war in the Chinese EV market. Growth was largely driven by the ramp-up of sales of the X...
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Will Rising Margins And Stock Buybacks Drive Apple Higher?
Apple (NASDAQ:AAPL) saw its sales for Q2 FY’24 fall, amid sluggish iPhone, iPad, and wearables sales. While revenue fell by 4% year-over-year to $90.8 billion, earnings came in at $1.53 per share, roughly flat versus last year. However, the...
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Should You Pick CVS Health Stock At $55 After Q1 Miss?
CVS Health (NYSE: CVS) recently reported its Q1 results, with revenues and earnings missing our estimates . The company reported revenue of $88.4 billion and adjusted earnings of $1.31 per share, much lower than our estimates of $90 billion an...
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Nio’s April Deliveries Were Solid. Is The Stock Undervalued At $5?
Chinese luxury electric vehicle maker Nio (NYSE:NIO) delivered 15,620 vehicles in April, up a solid 134% versus a year ago. Sales were driven in part by the recent launch of the company’s 2024 series of vehicles, including updated versions...
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Up 7% This Year, Will EOG’s Gains Continue Following Q1 Results?
EOG Resources (NYSE: EOG), an energy company engaging in the exploration, development, production, and marketing of crude oil and natural gas, is scheduled to announce its fiscal first-quarter results on Friday, May 3. We expect EOG stock to like...
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Down 11% This Year, Will Expedia Stock Recover Following Q1 Results?
Expedia (NASDAQ: EXPE), a travel company providing everything from airline tickets, hotel rooms, and car rentals, to cruises, is scheduled to announce its fiscal first-quarter results on Thursday, May 2. We expect Expedia’s stock to likely...
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Is 3M Stock Appropriately Priced Around $95?
3M (NYSE: MMM) recently reported its Q1’24 results, with revenues and earnings beating the street estimates. The company reported revenue of $7.72 billion and earnings of $2.39 on a per-share and adjusted basis, compared to the consensus ...
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How Is AMD’s Fledgling AI Business Doing?
Advanced Micro Devices stock (NASDAQ: AMD) recently published its Q1 2024 results which were slightly better than expected. While net income came in at $123 million compared to a net loss in the year-ago period, revenue was up about 2% from a y...
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Li Auto Is Down 30% This Year, What’s Happening With The Stock?
Chinese luxury electric vehicle maker Li Auto stock (NASDAQ:LI) saw growth slow over April, with deliveries coming in at 25,787 vehicles, up just 0.41% versus last year. The number was also down by about 11% compared to March. While Li Auto post...
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What’s Happening With T-Mobile Stock?
T-Mobile (NASDAQ:TMUS) posted better-than-expected Q1 earnings, as the carrier continues to see multiple tailwinds from its 2020 acquisition of rival Sprint. While earnings came in at $2.00 per share, revenue remained almost flat at $19.59 billi...
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With The Stock Flat This Year, Will Q1 Results Drive Booking Holdings’ Stock Higher?
Booking Holdings (NASDAQ: BKNG), the world’s largest online travel agency, that offers services from lodging to airline tickets to car rentals, is scheduled to announce its fiscal first-quarter results on Thursday, May 2. We expect the com...
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Should You Pick Bristol Myers Squibb Stock At $45?
Bristol Myers Squibb (NYSE: BMY) recently reported its Q1 results, with revenues and earnings above the street estimates. The company reported revenue of $11.9 billion and an adjusted loss of $4.40 per share, compared to the consensus estimate...
