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Guggenheim: Expedia's Hiring Spree Is Tapering Off
Thursday, December 20, 2018 - 5:29pm | 384Expedia Inc (NASDAQ: EXPE) is a best idea heading into 2019, according to Guggenheim Securities. The Analyst Guggenheim analyst Jake Fuller maintains a Buy rating on Expedia with a $160 price target. The Thesis Expedia went on a hiring spree earlier in the year in support of a big hotel supply...
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Analyst: Alternative Accommodation Leaders Will Surpass Top Hotel Chains Volume By 2021
Tuesday, December 18, 2018 - 3:41pm | 515The visibility of the "alternative accommodations" space has gained popularity with the rise of Airbnb and eventually forced major hospitality players to follow suit. Guggenheim says the idea is "going mainstream fast," with analyst Jake Fuller estimating the marquee alternative...
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Putting The 2018 Market Correction In Perspective
Monday, December 17, 2018 - 4:52pm | 592The S&P 500 is down 5 percent year-to-date and 15 percent from its all-time highs, crossing over into correction territory. These stock market dips can be scary for investors, but history shows market corrections are not only extremely common, they're typically relatively short-lived....
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Guggenheim: T-Mobile Set To Outperform Street Handset Estimates
Thursday, December 13, 2018 - 12:54pm | 251The latest T-Mobile US, Inc (NASDAQ: TMUS) conference commentary indicates the company will beat conservative handset estimates, according to Guggenheim. The Analyst Guggenheim’s Mike McCormack maintains a Buy rating on T-Mobile with an unchanged $85 price target. The Thesis The consensus...
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Guggenheim Sees More Consolidation Ahead In The PEO Space
Monday, December 10, 2018 - 10:48am | 438Guggenheim analyst Nandan Amladi recently took a deep dive into the Professional Employer Organizations, or PEO, market and found that the growth trajectory for PEOs will likely slow in 2019 and the next phase of the industry will likely be consolidation. Amladi said there will still be plenty of...
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National Beverage Maintains Its Fizz...For Now
Friday, December 7, 2018 - 10:52am | 415In its second-quarter earnings print, National Beverages Corp. (NASDAQ: FIZZ) demonstrated scanner data points in-line with expectations, with encouragement from management surrounding overall restored activity. The Analysts Guggenheim analyst Laurent Grandet upgraded National Beverage from Sell to...
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Analyst Sees Android Redesign As Catalyst For Snap To 'Regain Swagger'
Thursday, December 6, 2018 - 3:08pm | 403Snap Inc (NYSE: SNAP) started 2018 with virtually the same valuation as Twitter Inc (NYSE: TWTR). Fast forward to December and both stocks have gone in opposite directions with Twitter worth nearly four times the value of Snap, but one analyst says the company may be regaining its swagger. The...
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Guggenheim Is Bullish On Twitter Due To 'Snackability,' Neutral On Facebook
Thursday, December 6, 2018 - 11:34am | 599Investors who think Facebook, Inc. (NASDAQ: FB) and its 1.49 billion daily users is the superior investment idea over the smaller Twitter Inc (NYSE: TWTR) may want to reconsider, at least according to Guggenheim. Guggenheim's Michael Morris initiated coverage of Twitter with a Buy rating and a...
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Tiger Woods, Discovery Strike Content Partnership
Wednesday, November 28, 2018 - 5:19pm | 587Tiger Woods and Discovery Communications Inc. (NASDAQ: DISCA) are striking a content partnership. After a $2-billion, 12-year agreement with the PGA Tour was formed in June, Discovery is doubling down on golf with the announcement of a multiyear agreement to include original content with...
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Guggenheim Raises WWE Price Target Ahead Of India Deal
Wednesday, November 28, 2018 - 1:05pm | 368World Wrestling Entertainment, Inc. (NYSE: WWE) investors are hoping to end a huge year on a high note, and one Wall Street analyst said Wednesday the WWE train is moving full steam ahead heading into 2019. The Analyst Guggenheim analyst Curry Baker reiterated his Buy rating for WWE and raised his...
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Shopify Acquires Swedish Competitor Tictail; LA Retail Location Leaves Analyst Bullish
Monday, November 26, 2018 - 3:48pm | 446Shopify Inc (NASDAQ: SHOP) shares were surging Monday after news broke that the company acquired Tictail, an e-commerce platform focused on smaller brands. Raymond James analyst Brian Peterson said that while no financial details for the transaction were disclosed, Stockholm-based Tictail has...
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Guggenheim: WWE's 'Mixed Match Challenge' Partnership With Facebook Is Paying Off
Monday, November 19, 2018 - 1:52pm | 505An experimental partnership between Facebook, Inc. (NASDAQ: FB) and World Wrestling Entertainment, Inc. (NYSE: WWE) seems to be bearing fruit, and one Wall Street analyst said Monday that it's good news for WWE investors. The Analyst Guggenheim's Michael Morris reiterated a Buy rating and $...
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General Electric's Liquidity Problem
Tuesday, November 13, 2018 - 2:03pm | 666General Electric Company (NYSE: GE) is having a rare green day Tuesday, gaining more than 12 percent after the company announced a new strategic plan for its stake in Baker Hughes a GE Co (NYSE: BHGE). Unfortunately for GE investors, experts are saying GE’s situation may be worse than...
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Square's Guidance Miss: Analysts Speak Up
Thursday, November 8, 2018 - 1:21pm | 653Square Inc (NYSE: SQ) is getting crushed Thursday following a disappointing third-quarter earnings report. Square beat analyst expectations for earnings and revenue, but its fourth-quarter guidance disappointed Wall Street. The stock was down more than 9 percent to $74.79 at time of publication....
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Wall Street Divided On Buying The IBM Dip
Wednesday, October 17, 2018 - 12:13pm | 438IBM (NYSE: IBM) dropped more than 7 percent Wednesday after the company released a disappointing Q3 earnings report. Wall Street analysts are mixed on whether or not the sell-off is a buying opportunity for long-term investors. Here’s a sampling of what some analysts had to say about IBM....