Is CBOE Global Stock Attractive At $82?
October 20th, 2020 by Trefis Team
CBOE Global stock (BATS: CBOE) is approximately 7% ahead of the March 23 low of this year, and at the current price of around $82 per share, we believe the stock has more to go based on its historical P/E multiples. CBOE Global, one of the worl...
What’s The Downside For Texas Instruments Stock?
October 20th, 2020 by Trefis Team
Texas Instruments stock (NASDAQ: TXN) is up 64% since the beginning of this year, and at the current price of around $153 per share, we believe that TI stock has more than 15% potential downside. Why is that? Our belief stems from the fact tha...
Hill-Rom Stock Is Up 10% In A Month, Can It Move Higher?
October 20th, 2020 by Trefis Team
Hill-Rom Holdings stock (NYSE: HRC) gained around 10% over the month to levels of around $90 currently. But will the company’s stock see higher prices over the coming weeks, or is a decline in the stock imminent? According to the Trefis Machin...
Mylan Stock Has Over 45% Upside
October 20th, 2020 by Trefis Team
Going by the historical performance, we believe that the stock price of Mylan (NYSE: MYL) , a pharmaceutical company best known for its generic drugs, could offer an upside of over 45% from the current levels. MYL stock trades at $15 currently ...
Time For Paccar’s Drive Higher To Slow?
October 20th, 2020 by Trefis Team
After more than an 80% rise from its March lows of this year, at the current price near $90 per share, we believe Paccar’s stock (NASDAQ: PCAR) is overvalued. Paccar, one of the largest manufacturers of medium- and heavy-duty trucks in th...
More Room For Growth In Enterprise Products Stock?
October 20th, 2020 by Trefis Team
We believe that there is a sizable upside in Enterprise Products stock (NYSE: EPD), at the current price of $17, as it is still down by 38% since the beginning of this year. The stock traded at a pre-Covid high of $25 in February before dropping ...
Philip Morris: Hold On For More Gains
October 20th, 2020 by Trefis Team
Philip Morris stock (NYSE: PM) increased 6.8% in the last three months and currently trades near $78 per share. The rise was mainly due to the gradual lifting of the lockdowns over recent months which has led to expectations of higher cigarette...
Merger Deal Off, Tiffany Stock Faces Near Term Headwinds
October 20th, 2020 by Trefis Team
Tiffany’s stock (NYSE: TIF) faces near term pressure. TIF stock is down 10% YTD with more weakness expected to come as Louis Vuitton scrapped its pending merger of Tiffany. YTD revenues are down 30% and are expected to remain suppressed for the r...
Twilio, Zendesk, 2U, Splunk: Hyper-Growth Stocks Still A Buy?
October 20th, 2020 by Trefis Team
Growth investing strategies have outperformed value investing over the last several years, on account of slower economic growth and low-interest rates, which have made investors pay a premium for growth sectors such as technology and health care....
Will Tesla’s Margins Surge In Q3?
October 20th, 2020 by Trefis Team
Tesla (NASDAQ: TSLA) has become the world’s most valuable automaker by far with a market cap of over $400 billion, as its stock soared by about 5x this year. At current valuations, investors are counting on Tesla to continue robust delivery...
Booking Holdings Falls; Likely To Remain A Risky Bet In Near Term
October 19th, 2020 by Trefis Team
Owner of online booking websites such as booking.com, agoda, priceline, and kayak, Booking Holdings’ (NASDAQ:BKNG) stock fell nearly 10% in the last 5 trading days. Why? The reason is simple – the demand expectations within the travel...
Progress Software Stock Still Has Some Upside
October 19th, 2020 by Trefis Team
We believe that Progress Software stock (NASDAQ: PRGS) has an upside potential of 11% post pandemic, as business IT spending recovers to pre-corona levels. Progress Software, provider of solutions for developing and deploying business application...
Is Alliance Data Systems A Good Bet Now?
October 19th, 2020 by Trefis Team
While down nearly 50% this year, Alliance Data Systems’ (NYSE:ADS) stock jumped more than 13% in the last 5 trading days. This loyalty and marketing services company relies on transaction data. As transactions declined amid Covid-19, so did...
20% Upside For Intel Stock?
October 19th, 2020 by Trefis Team
Despite more than a 20% rise since the March lows of this year, at the current price of around $54 per share, we believe Intel stock (NASDAQ: INTC) is still a good opportunity for investors. INTC stock has increased from $44 to $54 off the rece...
After 70% Rise, Having Alcoa In Your Portfolio May Not Make Sense
October 19th, 2020 by Trefis Team
Alcoa stock (NYSE: AA) increased an impressive 69% in the last six months and currently trades around $13 per share. The rise was mainly due to recovery in the aluminum prices as global lockdowns were gradually being lifted. But will Alcoa’s st...
