Shares of video game maker Activision Blizzard (NASDAQ: ATVI) have significantly outperformed competitors Electronic Arts (NASDAQ: EA) and Take-Two Interactive (NASDAQ: TTWO) year to date. Activision stock is up 26% since the beginning of the year, compared to less than 10% for
The struggles faced by the cannabis industry are plentiful -- lower-than-expected revenue, rising black-market competition, regulatory scandals. Now with the COVID-19 pandemic, few cannabis companies seem capable of surviving the crisis to continue growing. I feel Cronos Group (
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itse
Stitch Fix (NASDAQ: SFIX) stock has taken a hit along with brick-and-mortar retailers due to the uncertainty arising from widespread unemployment and non-essential business closures.
In recent trading, shares of Barrick Gold Corp. (Symbol: GOLD) have crossed above the average analyst 12-month target price of $26.13, changing hands for $27.14/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
Bank of America (BAC) is a Zacks Rank #5 (Strong Sell) that is one of the largest and well-known banks in the country. The stock is down 40% from its 2020 highs, but investors shouldn’t think they are getting a bargain.
Pinterest (PINS) is a Zacks Rank #1 (Strong Buy) that is a popular website seeing a lot of momentum in the current lockdown environment. The platform allows users to discover ideas like daily activities, remodeling the home, hobbies, or even planning weddings and vacations. Sta
(RTTNews) - German stocks were sharply higher on Friday as investors took comfort from Chinese data showing that the country's industrial output increased in April for the first time since the coronavirus outbreak, adding to early signs of a recovery.
(RTTNews) - Petrofac Ltd. (POFCF.PK, POFCY.PK, PFC.L) said the company is now targeting additional savings to those announced on 6 April. Petrofac now plans to reduce overhead and project support costs by at least $125 million in 2020 and by up to $200 million in 2021.