Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts ofte
ABM Industries (ABM) reported $1.98 billion in revenue for the quarter ended April 2023, representing a year-over-year increase of 4.5%. EPS of $0.90 for the same period compares to $0.89 a year ago.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings oft
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but
Broadcom (AVGO) and Dell Technologies (DELL) are two notable technology companies that were able to beat earnings expectations last week. Both companies are also trending names in the landscape of artificial intelligence which has
For the quarter ended April 2023, Sprinkler (CXM) reported revenue of $173.36 million, up 19.6% over the same period last year. EPS came in at $0.06, compared to -$0.05 in the year-ago quarter.
For the quarter ended April 2023, HealthEquity (HQY) reported revenue of $244.43 million, up 18.8% over the same period last year. EPS came in at $0.50, compared to $0.27 in the year-ago quarter.
Mega-cap technology stocks such as Nvidia, Meta, and Tesla have skyrocketed in 2023 to help drive a huge chunk of the S&P 500’s YTD gains. Meanwhile, Apple stock just hit fresh all-time highs on Monday.
Tech stocks were lower late Monday, with the Technology Select Sector SPDR Fund (XLK) dropping 0.4% and the Philadelphia Semiconductor index falling 1.5%.
For investors seeking momentum, IShares S&P 100 ETF OEF is probably on radar. The fund just hit a 52-week high and is up 25.94% from its 52-week low price of $157.57/share.
Salesforce CRM reported better-than-expected financial results for the first quarter of fiscal 2024. The enterprise cloud computing solution provider’s first-quarter fiscal 2024 non-GAAP earnings increased 71.4% to $1.69 per share
Dividend investing, which was once a strong performer, has recently faced challenges. In 2022, dividends, value, and low-volatility strategies provided protection during the bear market in global equities. However, the situation h
Tech stocks were mixed on Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.3% and the Philadelphia Semiconductor index falling 1.4%.
The mega-cap tech rally did not let U.S. small-cap stocks raise their heads high this year. In fact, one measure showed large-cap stocks beating smaller companies by the widest margin in 25 years, per a Wall Street Journal article
Monday, June 5, 2023The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Meta Platforms, Inc. (META), The Boeing Company
Proving the famous adage "Sell in May and Go Away" wrong, the tech-and-biotech-heavy Nasdaq recorded six consecutive weeks of gains last week and marked its first six-week rally since Jan 2020, led by the AI-powered charge of mega