Next: A Bigger Crash?
April 9th, 2020 by Trefis Team
Given the Coronavirus pandemic, its accompanying death toll, the fear it has struck globally, and the uncertainty it has unleashed, it’s tricky to predict the future. However, we believe it worthwhile to imagine what’s possible or even likely. He...
Lockdown Can Help Activision Blizzard’s 2020 Sales Top $7 Billion?
April 7th, 2020 by Trefis Team
Activision Blizzard’s stock is outperforming the broader markets, as it could see high single-digit y-o-y sales growth in 2020 (vs a 13% decline in 2019), amid the current coronavirus crisis. The World Health Organization (WHO) declared a ...
New COVID-19 Cases Nudged Lower On Monday – Is The U.S. Close To Turning The Corner?
April 7th, 2020 by Trefis Team
Updated 4/7/2020 Cumulative Coronavirus cases in the U.S. grew to 367k as of April 6. While the country reported about 30k new infections on Monday, April 6, there is a possibility that the rate of growth is slowing as daily new cases dropped...
With All Major Sports Event Canceled, Which Athletic Apparel Stock Still Looks Good: Nike Or Under Armour?
April 3rd, 2020 by Trefis Team
The Coronavirus crisis has hit the apparel industry hard. The companies have had to temporarily shutter their stores and it remains unclear as to when they can open them again, as the pandemic continues to spread, particularly in Europe and the U...
Norwegian & Royal Caribbean Down 80%. Is Either Now A Good Value?
April 3rd, 2020 by Trefis Team
The Coronavirus crisis has badly impacted the cruise industry. Cruise operators have had to cancel their itineraries and it looks unlikely that ships will sail for the foreseeable future, as the pandemic continues to spread, particularly in Europ...
Does Coronavirus Crisis Make Domino’s Stock A Buy At $335?
April 3rd, 2020 by Trefis Team
Domino’s Pizza (NYSE:DPZ) stock is up by close to 15% year to date, presently trading at levels of about $335, compared to the broader S&P 500 which is down by roughly -25% over the same period. With the coronavirus health crisis, more ...
Duke Energy & NextEra Down 20%. Which Is A Better Buy?
April 3rd, 2020 by Trefis Team
While utility stocks are generally viewed as defensive bets through economic crises, the sector has not been spared through the Coronavirus related sell-off. Duke Energy stock (NYSE:DUK) is down by about -19.8% compared to -18.2% for NextEra Ener...
Betting On Casino Stocks? The Odds Favor Las Vegas Sands Over Wynn Resorts
April 3rd, 2020 by Trefis Team
Casino stocks have been trending downwards since the coronavirus outbreak was declared an epidemic in China, which subsequently led to a two-week shutdown in Macau. However, the containment efforts didn’t help, and the WHO declared COVID-19 a pan...
Is Another 30% Decline For IHS Markit’s Stock On The Cards?
April 3rd, 2020 by Trefis Team
Despite a 23% decline in IHS Markit ’s (NYSE: INFO) stock since the beginning of this year, at the current price of $58 per share, we believe IHS Markit has a significant downside. The key is the company’s stock is still about 30% higher than it ...
Why A 130% Upside To Tapestry’s Stock Post Coronavirus Can’t Be Ruled Out
April 3rd, 2020 by Trefis Team
Comparing the trend in Tapestry ’s (NYSE: TPR) stock over recent months with its trajectory during and after the Great Recession of 2008, we believe that the stock can potentially gain 130% once fears surrounding the coronavirus outbreak subside....
Is NetApp Stock Oversold At $40?
April 3rd, 2020 by Trefis Team
After almost a 35% decline in NetApp ’s (NASDAQ: NTAP) stock since the beginning of this year, we believe that NetApp’s stock is likely oversold at the current price of $40 per share and it has a significant upside. The key is NetApp’s stock is ...
Yelp: Can It Recover?
April 3rd, 2020 by Trefis Team
After almost a 51% decline in the online review platform Yelp ’s (NYSE: YELP) stock since the beginning of this year, at the current price of $17 per share, we believe that Yelp’s stock is likely oversold and it has potential upside. The k...
After The Covid-19 War, BlackRock Will Be Back Up From Its -20% Fall
April 2nd, 2020 by Trefis Team
Comparing the trend in BlackRock’s (NYSE: BLK) stock over recent months with its trajectory during and after the Great Recession of 2008, we believe that the stock can potentially recover back to around $530 levels once fears surrounding th...
Look For BNY Mellon At $38 Post Virus
April 2nd, 2020 by Trefis Team
Comparing the trend in BNY Mellon’s (NYSE: BK) stock over recent months with its trajectory during and after the Great Recession of 2008, we believe that the stock can recover to the $38 level similar to the trends seen in the last crisis o...
Adobe’s Stock To Linger Below $330?
April 2nd, 2020 by Trefis Team
Comparing the trend in Adobe ‘s (NASDAQ:ADBE) stock over recent months with its trajectory during and after the Great Recession of 2008, we believe that the stock only offers potential gains of around 10%, and that, too, after fears surroun...
