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Wall Street's Take On Starbucks Following Schultz's Departure
Tuesday, June 5, 2018 - 11:42am | 666After 40 years at Starbucks Corporation (NASDAQ: SBUX), founder Howard Schultz announced he is leaving the company later this month. Starbucks stock dipped 3 percent Tuesday following the announcement, and several Wall Street firms weighed in on the potential impact on the coffee chain. Here’...
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Ex-McDonald's Executive Touts The Future Of Robotics, But This Analyst Isn't Convinced
Wednesday, May 25, 2016 - 11:13am | 266Ed Rensi is a former McDonald's Corporation (NYSE: MCD) executive who made headlines Tuesday when he suggested that it would be cheaper for McDonald's to buy a $35,000 robotic machine to handle customer orders rather than paying employees a proposed $15 minimum wage. However, R.J. Hottovy of...
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Why Is The Street So Optimistic About Amazon?
Friday, May 29, 2015 - 3:38pm | 389Amazon.com, Inc. (NASDAQ: AMZN) stock is up almost 40 percent year-to-date and the Street is getting even more optimistic about the company. R.J. Hottovy, Morningstar analyst, was on CNBC Friday to explain the reason for this optimism. Getting Back To Basics “The company has gotten back...
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Is An Activist Investor Behind McDonald's Rally? This Morningstar Analyst Thinks So
Friday, February 27, 2015 - 1:40pm | 360McDonald's Corporation (NYSE: MCD) has rallied significantly in the last few weeks and up 10 percent for the month of February. What's driving this rally when the company is underperforming in the restaurant sector? Morningstar analyst R.J. Hottovy was on CNBC recently to answer that...
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Morningstar Analyst Explains Why Amazon's Shares Will Continue To Move Higher
Wednesday, February 11, 2015 - 3:30pm | 495Shares of e-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) are up more than 20 percent year-to-date, and analysts believe that it still has room to run. R.J. Hottovy, analyst at Morningstar, was on CNBC Wednesday to talk about what will continue to drive Amazon shares higher. Are Fulfillment...
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Morningstar On eBay: It Comes Down To PayPal And Marketplace
Wednesday, January 21, 2015 - 2:25pm | 345E-commerce giant eBay Inc (NASDAQ: EBAY) is scheduled to post its fourth-quarter results after Wednesday's closing bell. R.J. Hottovy, global director and senior analyst at Morningstar, was on CNBC to talk about what investors should expect from eBay's results. What Are Your...
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Here's What McDonald's Needs To Do To Get Back On Track
Monday, December 8, 2014 - 4:46pm | 319McDonald's Corporation (NYSE: MCD) released disappointing sales numbers for the month of November and shares took a big hit. Although most analysts feel that McDonald’s is on a perpetual decline, some are of the opinion that the company needs to set a few things right to get back...
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Is Best Buy a Buy, Hold or Sell?
Friday, January 17, 2014 - 11:14am | 593According to Barron’s, it’s “good-bye” time, not “buy” time for Best Buy (NYSE: BBY). It did not help that holiday sales fell almost a full percent compared to the two percent gain analysts expected. In addition, the company expects to report a decline in Q4 operating profit on February 27....