Down Almost 5% In The Past Week, How Quickly Could Verisign Stock Bounce Back?
July 28th, 2021 by Trefis Team
The stock price of Verisign (NASDAQ:VRSN) reached its 52-week high of $234 last week before the recent sell-off, leading to an almost 5% drop in Verisign stock within a week, to levels of around $218 currently. This can be attributed to Verisi...
What’s Behind Anheuser-Busch InBev Stock’s Recent Decline?
July 28th, 2021 by Trefis Team
Anheuser-Busch InBev stock (NYSE: BUD) has seen a decline of more than 7% in the last one month and currently trades at $69 per share. The fall has been driven by concerns of a slowing hard seltzer market. Also, the global trend has been toward...
Is Exxon Mobil Stock A Good Pick Ahead Of Earnings?
July 28th, 2021 by Trefis Team
[Updated 7/28/2021] The shares of Exxon Mobil (NYSE: XOM) have observed a 10% decline in the past month as benchmark prices declined due to the easing of production curtailments by OPEC. The company is committed to maintaining a strong balance...
What’s Next For Intel Stock After 8% Slip In One Month?
July 28th, 2021 by Trefis Team
Intel stock (NASDAQ: INTC) has seen a drop of almost 8% over the past month and currently trades at around $53 per share. The drop was aggravated by Intel’s recent Q2 2021 earnings announcement, where revenue came in lower at $19.6 billio...
Will Costco Stock See Higher Levels After 7% Rise In A Month?
July 28th, 2021 by Trefis Team
Costco stock (NASDAQ: COST), a warehouse club operator, experienced around a 7% rise over the last month (twenty-one trading days) to levels of near $424 currently. But will COST’s stock see higher levels over the coming weeks, or is a fu...
Ally Financial Stock Has Gained 44% YTD, What To Expect?
July 28th, 2021 by Trefis Team
Ally Financial stock (NYSE: ALLY) dropped almost 1% in the last five trading days and currently trades close to $51 per share. Ally Financial, one of the largest car finance companies in the U.S., has seen its stock rally 44% YTD, and a whopp...
Is Steelcase Stock A Buy?
July 28th, 2021 by Trefis Team
We believe that Steelcase stock (NYSE: SCS), a designer, marketer, and manufacturer of office furniture and complementary products and services, is a good buying opportunity at the present time. SCS stock trades near $14 currently and it is, in f...
Caterpillar Stock To Trade Lower Post Q2?
July 28th, 2021 by Trefis Team
Caterpillar (NYSE:CAT) is scheduled to report its Q2 2020 results on Friday, July 30. We expect Caterpillar to likely post revenue and earnings below the consensus estimates. While a gradual opening up of the economies has resulted in a sharp reb...
What To Expect From Johnson Controls Stock Q3 FY2021 Results?
July 28th, 2021 by Trefis Team
Johnson Controls (NYSE:JCI) is scheduled to report its Q3 fiscal 2021 results on Friday, July 30. We expect Johnson Controls to likely post revenue and earnings slightly below the consensus estimates. A recovery in economic growth will bode well ...
Why Apple Stock Has Further Upside
July 28th, 2021 by Trefis Team
Apple (NASDAQ:AAPL) posted a record set of Q3 FY’21 results, with revenue surging almost 36% year-over-year to $81.4 billion and earnings per share rising to $1.30, up from around $0.65 last year, as Apple’s 5G iPhones continued to wi...
Pfizer’s Q2 Earnings Snapshot
July 28th, 2021 by Trefis Team
[Updated: 7/28/2021] Pfizer Earnings Update Pfizer (NYSE: PFE) today reported its Q2 results, which were below our expectations but beat the consensus estimates. The company reported revenues of $19.0 billion, lower than our forecast of $21.7 b...
Google’s Record Quarter Bodes Well For Digital Advertising Stocks
July 28th, 2021 by Trefis Team
Our theme of Digital Advertising Stocks – which includes digital ad platforms and ad technology players – has returned about 26% year-to-date, outperforming the broader Nasdaq-100, which is up by just about 18% over the same period....
Is Nio Stock’s 11% Drop A Buying Opportunity?
July 28th, 2021 by Trefis Team
Nio (NYSE:NIO) – one of China’s most valuable electric vehicle companies – saw its stock decline by about 8% in Tuesday’s trading and remains down by about 11% over the last week (five trading days). The decline follows a ...
Will UPS Stock Rebound After A 7% Fall Yesterday?
July 28th, 2021 by Trefis Team
[Updated: 7/28/2021] UPS Stock Update The stock price of United Parcel Service (NYSE:UPS) reached its all-time high of $217 in May this year, and it largely remained above $200 levels since then, before a recent sell-off in the stock, which le...
Forecast Of The Day: eBay’s Transaction Revenues
July 28th, 2021 by Trefis Team
What? Trefis expects eBay (NASDAQ:EBAY) Transaction Revenues – which comprise revenues generated by eBay’s marketplaces segments – to rise from around $7.6 billion in 2020 to $9.3 billion in 2021 and $11 billion in 2022. Why? ...
