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Bloomin' Brands Shares Boosted By Hedge Funds, But Is The Stock Still A Buy?
Wednesday, November 22, 2017 - 3:31pm | 327Bloomin’ Brands Inc (NASDAQ: BLMN) caught the eye of Jana Partners — the activist investor renowned for pressuring Whole Foods Market’s sale to Amazon.com, Inc. (NASDAQ: AMZN). But Jana’s 8.7-percent stake and expressed intent to push strategic alternatives haven't...
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Price Targets On The Rise After Urban Outfitters' Q3 Beat
Tuesday, November 21, 2017 - 6:08pm | 661Urban Outfitters, Inc. (NASDAQ: URBN) traded up as much as 4 percent Tuesday after analysts touted its third-quarter earnings beat. The retailer posted better-than-expected comps growth; reduced selling, general and administrative expenses; and positive sales trends in all three of its brands for...
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Merrill Lynch: Tesla Semi Announcement Could Be A Reason To Buy Allison Transmission
Tuesday, November 14, 2017 - 12:28pm | 483The long-delayed unveiling of Tesla Inc (NASDAQ: TSLA)’s semi-truck is finally here, and hype surrounding the Thursday event already catalyzed a 4-percent run in the stock. Tesla Semi Truck unveil to be webcast live on Thursday at 8pm! This will blow your mind clear out of your skull and into...
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All The Ratings And Price Targets On Facebook Ahead Of Q3 Earnings
Tuesday, October 31, 2017 - 3:58pm | 378Heading into its Wednesday earnings report, Facebook Inc (NASDAQ: FB) is decidedly well liked. The firm’s 42 Buy ratings are tempered by just two Sells and one Hold, according to TipRanks, which records an average price target of $191.33 with a range of $98 to $235. Recent trends back the...
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The Force Is Weak With Electronic Arts As 'Star Wars' Game Delayed
Wednesday, October 18, 2017 - 4:26pm | 568The good news: there’s a new vision for Electronic Arts Inc. (NASDAQ: EA)’s untitled “Star Wars” game, and it’s better than the last. The bad news: there’s a delay in play. EA announced Wednesday that its Visceral studios, which had been working in tandem with...
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4 Semiconductor Stocks Fund Managers Are Buying Most
Tuesday, October 10, 2017 - 3:42pm | 559If you’re a trend follower, you’re probably wondering what the market’s cool kids are buying. Among semiconductors, four names stand out. Large-cap fund managers took more new stakes in Broadcom Ltd (NASDAQ: AVGO), Lam Research Corporation (NASDAQ: LRCX), Advanced Micro Devices,...
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Analyst Says Buy FedEx Stock Amid Amazon Last-Mile Concern
Friday, October 6, 2017 - 2:58pm | 585It’s another one of those “don’t judge an article by its title” moments. FedEx Corporation (NYSE: FDX) plunged 2 percent Thursday on “overstated” headlines reporting increased competition from Amazon.com, Inc. (NASDAQ: AMZN), and Bank of America Merrill Lynch...
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Fast Food For Thought: McDonald's Reign As Burger King Remains Unchallenged
Monday, August 14, 2017 - 9:40am | 675Big Blue? Meet Big Mac. Wall Street often refers to International Business Machines Corp. (NYSE: IBM) as “Big Blue” because of its status as a venerable blue chipper. But McDonald's Corporation (NYSE: MCD) is another blue-chip stock that has managed to weather the world’s...
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D.R. Horton, PulteGroup Make A Solid Foundation For A Homebuilders Position
Tuesday, June 27, 2017 - 11:44am | 447It’s a good time to be in homebuilding, according to Bank of America Merrill Lynch analyst John Lovallo II. Lovallo reiterated Buy ratings for D.R. Horton, Inc. (NYSE: DHI) and PulteGroup, Inc. (NYSE: PHM), and raised both price targets by a dollar to $42 and $30, respectively. The analyst...
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CorEnergy M&A Strategy, Dividend Coverage Concerns Lead To Downgrade
Monday, June 26, 2017 - 3:19pm | 422Bank of America Merrill Lynch downgraded shares of Corenergy Infrastructure Trust Inc (NYSE: CORR), citing the uncertain growth outlook, year-to-date performance relative to the midstream MLP sector and a still somewhat elevated business risk profile. Unsustainable Uptrend? Analysts led by Gabe...
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Surprised Reactions To Oracle's Q4 Beat
Thursday, June 22, 2017 - 3:49pm | 686Oracle Corporation (NYSE: ORCL) announced its second-quarter earnings on Wednesday after the close. The company reported an adjusted EPS beat of $0.89 versus $0.78 and revenues of $10.89 billion compared to the $10.45 billion estimate. Oracle shares were up over 11 percent to $51.54 at Thursday...
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Where Would Apple And Google Rank In Terms Of World's Richest Countries?
Sunday, May 28, 2017 - 3:21pm | 482Maybe the Occupy Wall Street movement was looking to the wrong coast all along. A recent Bank of America Corp (NYSE: BAC)/Merrill Lynch report titled "Occupy Silicon Valley" shows that tech firms Apple Inc. (NASDAQ: AAPL) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) valuations are higher than...
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Apple's Total Addressable Market Is A Lot Larger Than It Looks
Friday, May 12, 2017 - 12:13pm | 703Apple Inc. (NASDAQ: AAPL) has long been a formidable force in the technology space — and it still has room to grow. Bank of America Merrill Lynch considers Apple’s total adjustable market to be much larger than what’s presently perceived for existing products. According to a...
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Don Steinbrugge Explains Reinsurance: A Strategy That Helps Hedge Funds Remain Safe From Market Volatility
Friday, March 10, 2017 - 1:12pm | 1466Back in January, Benzinga published a series of articles where Don Steinbrugge, one of the top experts in the hedge fund industry, shared a preview of the top trends he expects to see among hedge funds in 2017. The specialist talked about the evolution in fees, the impact of the Trump...
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How Hedge Funds Select Their Managers
Thursday, February 9, 2017 - 11:43am | 467There are about 15,000 hedge funds out there, and both their fees and returns are very varied. But, what determines those factors? One of the most important elements in a hedge fund’s success is the manager. However, most people know only a few names in the space: Warren Buffett, Jim Simons,...