Is MGM Resorts Stock A Good Casino Industry Pick?
September 17th, 2021 by Trefis Team
The shares of MGM Resorts (NYSE: MGM) have gained 2.4% in the past month as opposed to a decline observed by the peers’ Las Vegas Sands and Wynn Resorts. The broader casino industry turned bearish in recent weeks after Macau’s gaming regulator ...
What’s Happening With Sirius XM’s Stock?
September 17th, 2021 by Trefis Team
Sirius XM’s stock (NASDAQ: SIRI), a leading provider of satellite radio, has seen a flat growth in the last week (five trading days) to levels of near $6 currently. But will the company’s stock see higher levels over the coming weeks, or ...
Wolverine World Wide Stock To Rebound After An 8% Decline?
September 17th, 2021 by Trefis Team
Wolverine World Wide’s stock (NYSE: WWW), a designer, manufacturer, and marketer of casual shoes, rugged outdoor, and work footwear, has declined around 8% over the last twenty-one trading days (one month) and currently stands at near $33. ...
Axsome Therapeutics Stock Rises 36% In A Month But Will The Rally Continue?
September 17th, 2021 by Trefis Team
[Updated: 9/17/2021] AXSM Stock Rise A couple of months back we discussed that Axsome Therapeutics (NASDAQ: AXSM) stock is likely to rebound after it fell nearly 20% in a month following the U.S. FDA’s decision to pull the breakthrough t...
Where Is Oracle’s Stock Headed?
September 17th, 2021 by Trefis Team
[Updated 09/17/2021] Oracle’s Stock Oracle’s stock (NYSE: ORCL) has fallen 11% since the end of FY 2021 (ended May 2021). As per Trefis’ Oracle’s valuation of $95, the stock currently looks to be below its near term ...
UBS Stock Has Limited Upside
September 17th, 2021 by Trefis Team
[Updated 09/17/2021] UBS Valuation Update UBS’ stock (NYSE: UBS) has gained 18% YTD, and at its current price of $17 per share, it is trading 9% below its fair value of $18 – Trefis’ estimate for UBS’ valuation . The bank surpassed the e...
What’s Happening With Edward Lifesciences Stock?
September 17th, 2021 by Trefis Team
[Updated: Sep 17, 2021] Edward Lifesciences Stock Update A few months back we discussed that Edward Lifesciences (NYSE:EW) stock may continue to see higher levels after rising 10% in a month following the positive developments around Resilia t...
H&R Block Stock Looks Unlikely To Bounce Soon After 5% Drop Last Week
September 16th, 2021 by Trefis Team
The stock price of H&R Block Inc. (NYSE: HRB) reached its 52-week high of $27 in June 2021, but has since dropped from that level. Further, the stock fell 5% in the past week, to levels of around $25 currently. However, H&R Block, a tax...
Is Delta Air Lines Stock Poised To Outperform Broader Markets?
September 16th, 2021 by Trefis Team
The shares of Delta Air Lines (NYSE: DAL) have trended downward due to fears of low air travel demand in the fourth quarter. The fourth wave of the pandemic has caused near-term uncertainty for the travel & tourism industry, but long-term t...
Can Tupperware Brands Stock Bounce Back After Shedding 6% Last Week?
September 16th, 2021 by Trefis Team
The stock price of Tupperware Brands (NYSE:TUP) reached its 52-week high of $38 in January 2021, but has since dropped from that level. Further, the stock fell almost 6% in the past week, to levels of around $21 currently, and has, in fact, dro...
Place Your Bets On Wynn Resorts Stock For Near Term Gains
September 16th, 2021 by Trefis Team
Recently, Macau’s gaming regulator published a five-year development plan for the city, highlighting key aspects regarding sustainable growth, regulatory oversight, and casino license renewal. Notably, all casino stocks including Wynn Resorts (N...
A Closer Look At Royal Dutch Shell’s Energy Transition Strategy
September 16th, 2021 by Trefis Team
Earlier in May, Royal Dutch Shell (NYSE: RDS.A) highlighted the energy transition strategy to transform its offerings consistent with the net-zero emission targets. In 2020, the company’s revenues declined by 47% (y-o-y) to $183 billion resulti...
This Multiline Retail Stock Can Offer Better Returns Compared To Costco
September 16th, 2021 by Trefis Team
We believe that Ollie’s Bargain Outlet Holdings stock (NASDAQc: OLLI) is currently better valued than Costco stock (NASDAQ: COST). Costco’s current price-to-operating income ratio of 45x is higher than levels of 15x for OLLI. But does...
What’s Next For ON Semiconductor Stock After 10% Rise In The Past Week?
September 16th, 2021 by Trefis Team
ON Semiconductor stock (NASDAQ: ON) has seen a sharp rise of almost 10% over the past week and currently trades at $49 per share. The stock rally was driven by strong Q2 2021 earnings reported a month ago, that have driven expectations of furth...
Will Biogen Stock Come Back Amid Pessimism Surrounding Aduhelm Rollout?
September 16th, 2021 by Trefis Team
[Updated: 9/16/2021] Biogen Stock Update A few months back we discussed that the stock price of Biogen (NASDAQ:BIIB) can see a rebound after falling 10% in a week, based on its historical performance. However, BIIB stock has seen a decline of ...
