Will Wayfair Stock Rebound After Last Week’s Decline?
June 22nd, 2021 by Trefis Team
Wayfair (NYSE: W), an e-commerce company that sells furniture and home goods, has seen its stock decline by over 4% over the last week (five trading days), underperforming the S&P 500 which is down by about 1% over the same period. Although t...
Forecast Of The Day: 3M Safety & Industrial Revenues
June 22nd, 2021 by Trefis Team
What? Trefis expects 3M’s (NYSE:MMM) Safety & Industrial Revenues to grow from around $11 billion in 2020 to over $12 billion in 2021 and $12.5 billion in 2022. Why? The economic recovery following Covid-19 should result in higher de...
Company Of The Day: Microsoft
June 22nd, 2021 by Trefis Team
What? Microsoft (NASDAQ:MSFT) is set to unveil the next generation of its Windows OS during an event on June 24. The OS is likely to feature a new user interface and Start menu. So What? Microsoft has seen its stock rally by about 30% over th...
Enphase Energy Stock: One Of The Top Bets In The Solar Space
June 21st, 2021 by Trefis Team
Up more than 6.3x from its low in March 2020, at the current price of $165 per share, we believe Enphase Energy stock (NASDAQ: ENPH) has further upside potential. Enphase Energy, a solar home-energy solutions company, has seen its stock rise fr...
DXC Technology’s Stock Down By 12%, What Is The Likelihood Of Rise Next Month?
June 21st, 2021 by Trefis Team
DXC Technology stock (NYSE: DXC) has fallen 12.4% over the last five trading days as companies suffered due to the market fall after the Fed moved up its rate hike timeline due to inflationary concerns. In comparison, the broader S&P500 fel...
Undeterred By Sales Volume Drop, Kimberly-Clark Stock Could Rise 10% To Regain 2021 Highs
June 21st, 2021 by Trefis Team
Up barely 10% from its low in March 2020, at the current price of $128 per share, we believe Kimberly-Clark stock (NYSE: KMB) has strong upside potential. Kimberly-Clark stock has seen its stock rise from $118 to $128 off its March 2020 low, a ...
Stock That Tanked 20% In A Week: U.S. Steel Corp
June 21st, 2021 by Trefis Team
U.S. Steel Corp stock (NYSE: X) tanked more than 20% in just the last one week (five trading days). In the last one month, the stock has lost about 6.6%, but the 20% drop in value has been very sharp. The primary reason for this drop has been n...
Will The Rally In Cassava Sciences Stock Continue After A Large 66% Rise In A Month?
June 21st, 2021 by Trefis Team
The stock price of Cassava Sciences (NASDAQ: SAVA), a clinical stage biotechnology company focused on treatment for Alzheimer’s disease, has seen a massive 66% rise over the last twenty-one trading days, while it is up a whopping 10x year...
What’s Next For Corning Stock After A 10% Fall Last Week?
June 21st, 2021 by Trefis Team
[Updated: 6/21/2021] Corning Stock Decline The stock price of Corning (NYSE:GLW) has seen a 10% drop over the last five trading days. While there was no company-specific announcement, the industrial stocks at large saw a sell-off last week, wi...
Here’s What To Expect From FedEx Stock As It Reports Q4 Results
June 21st, 2021 by Trefis Team
FedEx (NYSE: FDX) is scheduled to report its fiscal Q4 2021 results on Thursday, June 24. We expect FedEx to likely post revenue and earnings below the street expectations. While the overall rebound in the economies across the globe likely aided ...
At $175 Per Share, Is Qorvo The Cheapest 5G Semiconductor Play?
June 21st, 2021 by Trefis Team
Qorvo (NASDAQ: QRVO) is a semiconductor vendor best known for supplying radio frequency (RF) components, ultra-wideband, and WiFi solutions for consumer electronics products. The stock has been a relative underperformer this year, rising by just ...
Li Auto, Nio, Xpeng: Chinese EV Stocks Fully Priced Following Recent Rally, Planned Rate Hikes
June 21st, 2021 by Trefis Team
The stocks of Chinese EV players have surged over the last month, largely reversing the effects of the sell-off seen earlier this year. Nio stock (NYSE: NIO) has rallied by almost 38% over the last month, Li Auto (NASDAQ: LI) gained 45%, and Xp...
Stocks That Benefit As U.S. Reshores Semiconductor Production
June 21st, 2021 by Trefis Team
The global chip shortage, which was brought about by surging demand from the consumer electronics industry and supply-side disruptions, has impacted the production of a range of products ranging from cars to computers over the last few quarters. ...
These Tech Stocks Will Benefit As The Fed’s Advances Rate Hike Timeline
June 21st, 2021 by Trefis Team
Our theme of Value Tech Stocks is up by about 13% year-to-date, compared to the Nasdaq-100 which is up by just about 11%. Although this doesn’t really count as meaningful outperformance, we see multiple catalysts for the theme in the medi...
Is A Correction In The Cards For Clean Energy Fuels Stock?
June 21st, 2021 by Trefis Team
Clean Energy Fuels stock (NASDAQ: CLNE) has rallied by almost 9% over the last week, outperforming the S&P 500 which is down by about 2% over the same period. While CLNE’s increasing focus on expanding its environmentally friendly ren...
