Latest Articles
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With The Stock Flat This Year, Will Q3 Results Drive News Corp’s Stock Higher?
[Note: News Corp Fiscal Year Ends in June] News Corp stock (NASDAQ: NWSA), a global, diversified media and information services company, is scheduled to report its third-quarter results on Wednesday, May 8. We expect NWSA’s stock to see ...
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Up 10% This Year, Does Johnson Controls Stock Still Have Room To Grow?
Johnson Controls stock (NYSE: JCI) reported its Q2 fiscal 2024 results last week (fiscal ends in September), with revenue marginally missing and earnings exceeding the street expectations. The company reported revenue of $6.70 billion and adjus...
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How Are Qualcomm And Other Apple Suppliers Faring This Year?
Our Theme of Apple Component Supplier Stocks, which includes a diverse set of companies that supply components for Apple’s devices, has remained roughly flat year to date in 2024, underperforming the S&P 500 which remains up by 9% and compar...
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Will Alibaba’s Cloud Business See A Turnaround In Q4?
Chinese e-commerce and cloud behemoth Alibaba stock (NYSE:BABA) is poised to report its Q4 FY’24 results on May 14th, reporting on a quarter that is likely to see the company’s business exhibit only modest growth, amid headwinds in th...
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Is Pfizer Stock Fully Valued At $28?
Pfizer (NYSE: PFE) reported its Q1 results last week, with revenues and earnings beating the street estimates. The company reported revenue of $14.9 billion and an adjusted profit of $0.82 per share, compared to the consensus estimates of $14.0...
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Gaining 20% This Year, Will Tripadvisor Stock Rally Further After Q1 Results?
Tripadvisor (NASDAQ: TRIP), an online travel company providing booking for hotel reservations, transportation, lodging, travel experiences, and restaurants, is scheduled to announce its fiscal first-quarter results on Wednesday, May 8. We expect...
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With A Slowdown in Advertising, What To Expect From NY Times’ Q1 Results?
New York Times’ stock (NYSE: NYT), a diversified media company that includes newspapers, internet businesses, television, and radio stations, is scheduled to report its Q1 2024 results on Wednesday, May 8. We expect NYT stock to likely see...
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Bank Of America Stock Is Up 11% YTD, Where Is It Headed?
Bank of America’s stock (NYSE: BAC) is up 11% YTD as compared to the 8% rise in the S&P500 index over the same period. Further, at its current price of $37 per share, it is trading 6% below its fair value of $40 – Trefis’ estimate for ...
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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...
