What Has Driven ArcelorMittal Stock Down?
November 26th, 2021 by Trefis Team
ArcelorMittal stock (NYSE: MT) has dropped 14% in the last one month, completely underperforming the S&P 500 which was up 3%. If you look at the change in stock over the last five and ten days, it has dropped (-3% and -6%, respectively) and...
Sirius XM Stock Appears Attractive At $6 Levels
November 26th, 2021 by Trefis Team
[Updated: 11/26/21] SIRI Stock Update Sirius XM (NASDAQ: SIRI) recently reported its Q3 report, wherein revenues and earnings both were in line with our estimates. The company surpassed expectations on the top and bottom lines in its Q3 earning...
Can Sally Beauty Stock Continue To Grow After Posting 38% Gains?
November 26th, 2021 by Trefis Team
Sally Beauty Holdings’ stock (NYSE: SBH), a distributor of professional beauty supplies in the United States, has increased by 38% in the last twenty-one trading days (one month). In comparison, the broader S&P500 index grew only 3% o...
Is Verizon Stock Undervalued?
November 26th, 2021 by Trefis Team
Verizon stock (NYSE: VZ) which currently trades at less than $52 per share, is still 16% below the levels seen at the beginning of 2020 and 11% below February 2020 level, just before the coronavirus pandemic. VZ stock has gained less than 3% fr...
Will Salesforce.com Miss Consensus Estimates For Q3?
November 26th, 2021 by Trefis Team
Salesforce.com (NYSE: CRM) is scheduled to report its fiscal Q3 2022 (ended Oct 2021) results on Tuesday, November 30. We expect CRM to miss the consensus estimates for earnings but be in line with revenues. The company has reported better tha...
What’s Next For Nevro Stock After A 22% Fall In A Month?
November 26th, 2021 by Trefis Team
[Updated: Nov 26, 2021] NVRO Stock Decline The stock price of Nevro (NASDAQ: NVRO), a medical devices company, has seen a large 22% fall in a month. This can largely be attributed to the outcome of a lawsuit against Nevro for patent infringemen...
Marathon Digital Holdings’ Stock To Fall Amid Legal Trouble?
November 26th, 2021 by Trefis Team
Marathon Digital Holdings’ stock (NASDAQ: MARA) declined by 34% in the last ten trading days. In comparison, the broader S&P500 index fell by 0.3% over the same period. Marathon Digital Holdings is a digital asset technology company ...
Intuitive Surgical Stock Appears To Be A Better Bet Over This Medical Technology Company
November 26th, 2021 by Trefis Team
We think that Intuitive Surgical stock (NASDAQ: ISRG) is currently is a better pick compared to Edwards Lifesciences (NYSE: EW), a medical technology company specializing in artificial heart valves and hemodynamic monitoring, despite Intuitive S...
What To Expect From Wells Fargo Stock?
November 26th, 2021 by Trefis Team
[Updated 11/26/2021] Wells Fargo Valuation Update Wells Fargo’s stock (NYSE: WFC) has made strong gains in FY2021 (up around 60% YTD) and is currently trading close to $48 per share. Further, its current price is 7% its fair value of $52 – Tre...
This Pharmaceuticals Stock Is A Better Pick Over Bristol Myers Squibb
November 26th, 2021 by Trefis Team
We think that Eli Lilly stock (NYSE: LLY) currently is a better pick compared to Bristol Myers Squibb stock (NYSE: BMY) in the pharmaceuticals space, despite Eli Lilly being the more expensive of the two. LLY stock trades at about 9x trailing ...
What’s Next For Medtronic Stock After A Mixed Q2?
November 26th, 2021 by Trefis Team
[Updated: Nov 26, 2021] Medtronic Earnings Update Medtronic (NYSE:MDT) recently reported its Q2 FY22 results, which were mixed with revenue slightly below, and earnings above our estimates. The company reported sales of around $7.8 billion (up ...
Is Bank of America Stock Fairly Priced?
November 26th, 2021 by Trefis Team
[Updated 11/26/2021] Bank of America Update Bank of America stock (NYSE: BAC) has gained 57% YTD, which is more than double the 25% rise in S&P500 over the same period. The stock is currently trading at $48 per share and is at the same le...
Can News Corp’s Stock Rebound After An 8% Decline?
November 26th, 2021 by Trefis Team
News Corp’s stock (NASDAQ: NWSA) has declined by 8% in the last twenty-one trading days (one month). In comparison, the broader S&P500 index grew 3% over the same period. News Corp, a global, diversified media and information services...
What’s Next For Palantir Stock After 17% Decline Last Month?
November 26th, 2021 by Trefis Team
Palantir stock (NYSE:PLTR) has declined about 17% over the last month, compared to the S&P 500 which was up by about 3% over the same period. The decline comes despite Palantir’s stronger than expected Q3 results, which saw the company ...
Will Regulatory Credits Continue To Bolster Tesla’s Profits?
November 26th, 2021 by Trefis Team
Regulatory credits have been a controversial topic for Tesla investors in the past. (see our updates below) These credit sales, which are almost pure profit, have been a key driver of Tesla’s margins over the years and the company largely r...
