Caterpillar Stock Now Looks Expensive After A 2x Rally
November 24th, 2020 by Trefis Team
Caterpillar stock (NYSE: CAT) is up 16% since the start of the year and it has gained around 2x from its March lows. Caterpillar faces downside risk as the company’s revenues in the last four quarters have declined by 21%. The ongoing Covid-19 cr...
Philip Morris Stock: 10% Upside Potential
November 24th, 2020 by Trefis Team
We believe Philip Morris stock (NYSE: PM) is a decent opportunity at the present time. PM trades at $77 currently and is, in fact, down 10% so far this year. It traded at a pre-Covid high of $88 in February and is 13% below that level now. PM s...
Teleflex Stock Looks Fully Valued At $370
November 24th, 2020 by Trefis Team
After a 65% rise since the March 23 lows of this year, at the current price of around $370 per share we believe Teleflex stock (NYSE: TFX), best known for its single-use medical devices for common diagnostic and therapeutic procedures, has reache...
Rio Tinto Stock Rises 80%; Is It Still Undervalued?
November 24th, 2020 by Trefis Team
Despite an impressive rise of 80% from its March lows of this year, at the current price of $65 per share, Rio Tinto stock (NYSE: RIO) still has some upside left. RIO stock rallied from $36 to $65 off its recent bottom, compared to the S&P ...
With A Covid Vaccine Ready, Zoom Stock Looks Overvalued
November 24th, 2020 by Trefis Team
Zoom (NASDAQ:ZM) stock is up 6x this year, as the company’s video conferencing software became an indispensable tool for people working and learning from home through Covid-19 and the associated lockdowns. Zoom now has a market cap of over ...
Why Did Xpeng Stock Soar 34% On Monday?
November 24th, 2020 by Trefis Team
Xpeng (NYSE: XPEV) stock jumped 34% in Monday’s trading after it unveiled its next-generation autonomous driving architecture that will feature in its 2021 production models. The system will add laser-based lidar technology along with other...
Intel & Cisco: It Might Be A Great Time To Double Down On Value Tech Stocks
November 24th, 2020 by Trefis Team
Value Tech Stocks such as Oracle (NYSE:ORCL) and Intel (NASDAQ:INTC) have had a mixed year. There was good reason for this, as the deep Covid-19 recession, abundant liquidity following interest rate cuts, and the growing at-home economy drove i...
American International Group Stock Is Fairly Priced
November 23rd, 2020 by Trefis Team
[Updated 11/23/2020] American International Group Update American International Group stock (NYSE: AIG) has doubled since the March bottom and at its current price of $39 per share, it is marginally above its fair value of $38 – Trefis’ esti...
BNY Mellon Stock Offers Limited Growth Opportunity In The Short Term
November 23rd, 2020 by Trefis Team
[Updated 11/23/2020] BNY Mellon Update Despite a 38% gain since the March bottom, BNY Mellon stock (NYSE: BK) is still down 24% YTD. Trefis estimates BNY Mellon’s valuation to be around $43 per share – around 15% above the current m...
Should You Invest In Gap Inc’s Stock Now?
November 23rd, 2020 by Trefis Team
Gap Inc’s (NYSE:GPS) stock gained more than 10% last week while the S&P 500 fell nearly -1%. Nearly a month ago we argued that Odds Are That Gap Inc’s Stock Will Go Up . Turns out that Gap’s stock has climbed nearly 25% in the mon...
Stock With 25% Upside: Tyson Foods
November 23rd, 2020 by Trefis Team
We believe Tyson Foods stock (NYSE: TSN) is a good opportunity right now. Tyson Foods is the world’s second largest processor and marketer of chicken, beef, and pork. TSN trades at $61 currently and is, in fact, down 33% so far this year....
What’s The Upside For Avnet Inc?
November 23rd, 2020 by Trefis Team
Despite an almost 45% rise since the March lows of this year, at the current price of around $29 per share, we believe Avnet Inc. stock (NASDAQ: AVT) is still a good opportunity for investors. Avnet stock has increased from $20 to $29 off the r...
Marathon Oil’s Stock Jumps 10% – Is It A Buy Or Sell?
November 23rd, 2020 by Trefis Team
Marathon Oil (NYSE:MRO) gained more than 10% last week, taking its November gain to a massive 40%. But despite this, the stock is still 60% below its year-beginning price. So does that mean it is time to buy the stock? We don’t think so, no...
Altria Stock Up 30%; What’s Next?
November 23rd, 2020 by Trefis Team
Even after being a part of a largely defensive sector, Altria stock (NYSE: MO) saw an impressive rise of close to 30% from its March 2020 lows of this year. Despite a strong rally, at the current price of $40, we believe Altria’s stock is still...
General Electric Stock Can See Higher Levels Led By Aviation Growth
November 23rd, 2020 by Trefis Team
We believe that General Electric stock (NYSE: GE) may be a good buying opportunity at the present time. GE stock trades near $10 currently and it is, in fact, down 13% so far this year (from $11 at the beginning of 2020). It traded at $13 in Febr...
