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ATRenew Reports Q1 Revenue Beat, Expects To 'Significantly Outpace' Broader Recycling Market
Wednesday, May 22, 2024 - 2:53pm | 827ATRenew came under some pressure even after the company Monday reported a revenue beat for its first quarter; the stock climbed more than 74% over the past month. Shares of ATRenew Inc (NYSE:RERE) came under some pressure even after the company reported a revenue beat for its first quarter, with...
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Victoria's Secret Turnaround Went Stealthy, Financials Show
Friday, June 2, 2023 - 2:07pm | 813Shares of Victoria's Secret & Co. (NYSE: VSCO) are sliding in the after-market hours of Wednesday evening after the company reported its first quarter 2023 earnings results. Initial investor reactions are sending the stock on a sell of as big as 15%. This would mark one of the most...
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Don't Discount The AI Potential Of Ambarella; Buy On The Dip
Thursday, June 1, 2023 - 4:54pm | 727Some high expectations were built into the Ambarella (NASDAQ: AMBA) market, driven by NVIDIA's (NASDAQ: NVDA) blow-out report and the outlook for AI. Ambarella's CV3 (3rd gen computer vision) system-on-a-chip family puts the company in a prime position for the AI boom. The caveat is that...
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Kohl's 10% Yield Comes Into High Fashion
Friday, May 26, 2023 - 11:55am | 649There are many reasons to have been bearish on Kohl's (NYSE: KSS) Q1 outlook, but the company has proven naysayers wrong. The company's Q1 report has many things to like, but the #1 is a commitment to the dividend. The dividend is worth 10% annually (or was worth 10% now that shares are...
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Is There Value Left In Lyft Stock?
Thursday, May 25, 2023 - 3:53pm | 882Domestic rideshare operator Lyft Inc. (NASDAQ: LYFT) has fallen even further in Uber Technologies Inc. (NYSE: UBER) rearview mirror. While its Q1 2023 earnings report beat the top and bottom lines with its adjusted profits, Wedbush analyst Dan Ives said that Lyft has "lost all Street...
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All Aboard! The Sell-Side Has Railroads In Reversal
Thursday, May 25, 2023 - 3:31pm | 767Growing trends within the railroad market have the stocks in reversal. The combination of institutional support and analysts' upgrades have the stocks at a bottom and moving higher with an expectation for a recovery that could last beyond 2024. In Citigroup's (NYSE: C) eyes, the US...
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The 'Other' Coke Stock Quietly Hits A Record High
Tuesday, May 23, 2023 - 10:37am | 897Coca-Cola Europacific Partners plc (NYSE: CCEP) is one of a six-pack of ways to invest in classic beverage maker Coke — and a darn good one at that. Over the last 12 months, the world's largest Coca-Cola bottler is up 32%, a reflection of improving economic conditions in the Western...
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Will Papa John's Turnaround Serve Up More Revenue Growth?
Monday, May 22, 2023 - 4:10pm | 994Investors looking for bargains in the restaurant sector may consider ordering a slice of the pie from Papa John's International Inc. (NASDAQ: PZZA). The pizza giant may be ready to deliver more dough to investors as it serves up a corporate turnaround. Like all restaurant chains, Papa...
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Tyson Insiders Buy Shares At Multi-Year Low
Monday, May 22, 2023 - 3:43pm | 746Tyson Foods Inc (NYSE: TSN) shares fell more than 7% following the Q1 earnings report and may fall further, but this opportunity for investors should not be ignored. The results were tepid and the guidance weak, but this is due to factors that are largely out of the company's control. A shift...
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Foot Locker And The Ebbing Tide Of Discretionary Spending
Monday, May 22, 2023 - 3:02pm | 705Foot Locker (NYSE: FL) is down 25% after reporting a horrible quarter. Repositioning efforts impact the results, but other details overshadow them. The takeaway is that the tide of discretionary spending is receding. Results were weak, and the guidance was cut meaningfully due to trends reported by...
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Zoetis Declares New Dividend, Hinting At Undervaluation
Friday, May 19, 2023 - 12:51pm | 875Zoetis (NYSE: ZTS) shareholders may have a new reference point to be excited about, even after witnessing some favorable developments through the company's first quarter 2023 announcements. Even after outperforming other peers in the sector, such as Bausch Health Companies (NYSE...
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It May Finally Be Time To Buy 3M
Thursday, April 27, 2023 - 8:57am | 907The bad news is all around, and the media surely amplifies the effects of anything 'bearish' it can get its hands on. With layoffs in the tech sector from companies like Meta Platforms (NASDAQ: META) and Amazon.com (NASDAQ: AMZN) in the past quarter, and others like...
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Should Investors Buy Chevron Or Exxon Mobil Stock Ahead Of Q1 Earnings?
Wednesday, April 26, 2023 - 12:46pm | 836With crude oil prices recently edging toward $80 a barrel investors may be wondering if it's time to buy Chevron (CVX) or Exxon Mobil (XOM) stock before their first-quarter earnings reports on Friday, April 28. The two oil giants have the ability to profit immensely from higher oil prices which...
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Potential Double Profit With Bearish Sentiment
Tuesday, May 18, 2021 - 10:34am | 552Hey 5-Star Trader, “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work, and learn from the good and the bad. Identifying what is working is critical — to do more of it. So, to lead by example, each Tuesday, you’ll get a trade from...
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Retail Week On Earnings Row: Walmart, Target, Foot Locker Among Companies Reporting
Monday, May 17, 2021 - 10:38am | 2475So much for “spillover.” Last week’s late recovery didn’t extend into Monday’s early hours, with overnight trading showing red. Caution, seen pretty clearly a week ago, appears to remain a factor, with bonds getting a slight lift and the 10-year Treasury yield slipping...