After years of a downtrend in their price, shares of Walgreens Boots Alliance Inc. NASDAQ: WBA have thrown in the towel this time. In a single day, the stock is down over 25% in a sign that can’t be taken in any other way than a ‘run’ message. However, some remain hopeful about the stock […]
What\’s Behind Walgreens Stock Plunge: Investor Action Plan Read More »
General Mills NYSE: GIS lies within the consumer staples sector and ranks in the top 10 largest food and beverage companies in the United States by revenue. In 2024, the share price is essentially where it started for the year, with a total return of just under 0%. GIS General Mills $62.49 -0.39 (-0.62%) (As of
General Mills Stock Falls on Fiscal Q4 2024 Revenue Miss Read More »
The Personal Consumption Expenditure (PCE) index came in as expected. That didn’t do much to move the market higher, but it may be enough to keep the momentum in equities going. But which equities? If you look closely, some questions remain. Approximately 60% of stocks in the S&P 500 are flat or lower for
Stock Market Week in Review – 6/24 – 6/28 Read More »
$207.89 +2.14 (+1.04%) (As of 07/8/2024 ET) 52-Week Range $104.33 ▼ $230.63 Dividend Yield 1.64% P/E Ratio 27.94 Price Target $192.13 Qualcomm NASDAQ: QCOM is a dominant force in the semiconductor industry, designing and manufacturing wireless communication products and solutions. The industry is undergoing a significant transformation fueled by the burgeoning demand for AI-powered devices. This
AI Drives Growth Despite Market Volatility Read More »
$257.44 -5.75 (-2.18%) (As of 07/8/2024 ET) 52-Week Range $193.68 ▼ $318.71 Dividend Yield 0.16% P/E Ratio 46.30 Price Target $292.79 Salesforce NYSE: CRM is the undisputed leader in cloud-based customer relationship management (CRM) solutions. Salesforce continues to navigate a pivotal period in its corporate evolution. As the company accelerates its integration of artificial intelligence (AI)
AI Insights from Meeting and Future Plans Read More »
$94.75 -0.24 (-0.25%) (As of 07/8/2024 ET) 52-Week Range $29.05 ▼ $98.69 P/E Ratio 231.10 Price Target $81.50 As the second quarter and first half of the year come to a close, CAVA Group Inc. NYSE: CAVA has gained significant attention for its remarkable stock performance, making it a standout name so far. Up 113% year-to-date,
CAVA Stock: Is It Overextended? A Closer Look Read More »
$73.08 -2.35 (-3.12%) (As of 07/8/2024 ET) 52-Week Range $73.00 ▼ $123.39 Dividend Yield 2.03% P/E Ratio 19.59 Price Target $97.19 Nike NYSE: NKE analysts are slashing their price targets and sending the stock to the bargain basement. The company’s Q4 results were good enough, but the guidance brought fear into the broader consumer discretionary market.
Nike Stock Falls Sharply After Analysts Lower Targets Read More »
It\’s been a funny year for investors and shares of Tesla Inc. NASDAQ: TSLA. This year, it has broken its long track record of delivering outperformance even when the broader market is rallying—and broken well. While the benchmark S&P 500 index is up an impressive 15% this year already, shares of the electric vehicle (EV)
Tesla Stock Comeback: The Rally Is On Read More »
Albemarle Corporation NYSE: ALB is a global leader in the production of basic materials for a diverse range of industries, including energy, electric vehicles (EV), and healthcare. The company\’s commitment to sustainable practices was recently showcased during its fourth annual Sustainability Day event. Get Albemarle alerts: Sign Up A Focus on Sustainability: Albemarle\’s Annual Event
Navigating Strong Fundamentals and Volatility Read More »
Shares of MongoDB NASDAQ: MDB fell hard in Q2 for one reason and one reason alone- the guidance. Unlike other AI winners, the company’s guidance is for growth but tepid, anemic growth compared to the whisper expectations. The guidance resulted in a 50% decline for the stock from peak to bottom, assuming a bottom is
Buying the Dip in MongoDB Stock: Analysts are Doing It Read More »