Halliburton Is Falling – What Are The Chances It Will Bounce Back?
September 25th, 2020 by Trefis Team
Halliburton (NYSE:HAL) fell nearly -14.4% in the last 5 trading days, not unlike some other companies tied to oil & gas industry. Will this trend continue over the next month, or should we expect a rebound? What about the next 3 months, 6 mon...
Atlas Air Fully Valued After 13% Move?
September 25th, 2020 by Trefis Team
After the 13% rally in the past couple weeks, Atlas Air stock (NASDAQ: AAWW) looks fully valued based on its historic P/E multiples. Atlas stock has rallied from $16 in March to $61 at present, compared to the S&P which gained 51%. The stock ...
Is Carvana’s Stock Overvalued Compared To CarMax?
September 25th, 2020 by Trefis Team
E-commerce based used-car retailer, Carvana’s (NYSE: CVNA) P/S (price-to-sales) multiple of 2.7x is higher than the figure of 0.9x for CarMax (NYSE: KMX), a used-car industry leader. So, is Carvana stock too expensive compared to CarMax sto...
Is Qorvo Stock’s Rally Coming To An End?
September 25th, 2020 by Trefis Team
After a 1.8x rise since its low in March, at the current price of around $125 per share, we believe Qorvo Inc. stock (NASDAQ: QRVO) could see significant downside. The stock has recovered to a level higher than where it was before the drop in M...
Microchip Technology Stock To See Further Downside?
September 25th, 2020 by Trefis Team
Microchip Technology stock (NASDAQ: MCHP) is down around 5% since the beginning of this year, but at the current price of around $98 per share, we believe that Microchip stock could see more downside. Why is that? Our belief stems from the fac...
Constellation Brands Could See Full Recovery To Pre-Covid Level
September 25th, 2020 by Trefis Team
We believe there may be a decent opportunity with Constellation Brands stock (NYSE: STZ) at the present time. STZ trades at $182 currently and is in fact down 3% so far this year. It traded at a pre-Covid high of $205 in February, and it is sti...
Can Sirius XM’s Stock Rebound To Pre-Covid Levels?
September 25th, 2020 by Trefis Team
There is a 40% upside potential from a recovery in Sirius XM stock (NASDAQ: SIRI) from $5.13 currently to its pre-crisis levels. Sirius XM’s stock traded at a pre-Covid high of $7.31 in February and is currently 30% below this peak level. ...
United Airlines Down More Than 10% – What Are The Chances It Drops Again?
September 25th, 2020 by Trefis Team
With airlines stocks declining again, everyone is wondering – what will happen next? United Airlines (NASDAQ:UAL), which fell nearly -11.4% in the last 5 trading days, is the latest to join the club of airline stocks that have dropped more ...
State Street Stock Can Touch $79
September 25th, 2020 by Trefis Team
We believe that State Street’s stock (NYSE: STT) has a strong 30% upside potential in the near term. STT trades at $58 currently and it has lost 26% in value year-to-date. It traded at a pre-Covid high of $79 in February and is 27% below that ...
Visa Stock Price Maxxed Out?
September 25th, 2020 by Trefis Team
After a 44% rise since March 23, at the current price of around $195 per share we believe Visa stock (NYSE: V) has reached its near term potential. Visa, the largest global electronic payment solutions company, has seen its stock rally from $13...
Tesla or Apple: Which Is A Better Buy?
September 25th, 2020 by Trefis Team
Tesla (NASDAQ: TSLA) and Apple (NASDAQ: AAPL) are a lot alike than you would think despite being key players in completely different industries. Tesla designs and makes the body as well as the software that runs its Model 3, Model S, and other...
Rising 1.5x From Its Low, Has Diodes Inc. Stock Peaked?
September 24th, 2020 by Trefis Team
After a 1.5x rise since its low in March, at the current price of around $50 per share, we believe Diodes Incorporated stock (NASDAQ: DIOD) could see significant downside. The stock has recovered to the level it was at before the drop in March,...
What’s The Downside For Helen Of Troy Stock?
September 24th, 2020 by Trefis Team
Helen of Troy stock (NASDAQ: HELE) is up only 3% since the beginning of this year, but at the current price of around $185 per share, we believe that Helen of Troy stock could see significant downside. Why is that? Our belief stems from the fa...
GrafTech International Stock To Gain 25%
September 24th, 2020 by Trefis Team
Despite rising more than 15% from its March lows of this year, at the current price of little over $7, we believe GrafTech International stock (NYSE: EAF) is still undervalued. GrafTech International is a leading manufacturer of high quality gr...
Southern Copper Stock Recovery Gone Too Far?
September 24th, 2020 by Trefis Team
We believe there may be better opportunities than Southern Copper Corp stock (NYSE: SCCO) at the present time. SCCO trades at $44 currently and it has gained more than 5% in value so far this year. It traded at a pre-Covid high of $38 in Februa...
