Tag: stock

AMC Entertainment Continues to Crash With the Market: What’s Next?

AMC Entertainment Holdings Inc. shares are trading lower Monday as the market continues to dip. Many other popular WallStreetBets stocks are pushing lower as well. AMC has fallen out of a pattern and is now on a strong downward trend. AMC was down 9.74 percent at $16.22 at time of publication Monday. AMC Daily Chart Analysis…


Palantir Shares Crash Monday: What’s Next?

Palantir Technologies Inc. shares are trading lower Monday as the market continues to dip. The market as a whole has been dropping the past couple of weeks as technology stocks see a bear market. Palantir was down 11.35 percent at $12 at publication Monday. Palantir Daily Chart Analysis The stock was trading in what technical traders call…


TrueCar Stock Gains as Goldman Sachs Takes Stake

Goldman Sachs Group Inc. has taken a 6.3 percent stake in TrueCar Inc., regulatory filing shows. Founded in 2005, TrueCar is an automotive digital marketplace that enables auto buyers to connect to its nationwide network of Certified Dealers. Santa Monica, California-based TrueCar powers auto-buying programs for more than 250 brands. The company offers the purchasing process…


Why This Popular Analyst Believes Microsoft Will Announce Another ‘Robust’ Quarterly Earnings on Tuesday

Wedbush analyst Daniel Ives said in a note that Microsoft Corporation’s “underlying growth story is built around the game-changing enterprise cloud transformation.” The Microsoft Analyst Ives has an “outperform” rating on the Satya Nadella-led company with a 12-month price target of $375. The Microsoft Thesis Writing ahead of Microsoft’s second-quarter earnings due Tuesday, Ives said—based…


B. Riley Bumps Up Infinera Price Target by 15 Percent; Turns Bullish

B. Riley analyst Dave Kang upgraded Infinera Corp. to Buy from Neutral with a price target of $11.50, up from $10, implying an upside of 44.65 percent. The analyst believes the value of the company’s digital signal processing technology is “significantly underappreciated” at current share levels. As one of two providers of 800G products, the ramp of 800G…


Citi Upgrades Arista Networks to Buy; Sees Sharp Upside

Citi analyst Jim Suva upgraded Arista Networks Inc., noting that the recent sell-off has provided a good buying opportunity for investors. Suva raised his rating to Buy from Neutral and reiterated the $150 price target, suggesting an upside of 26.44 percent. Suva noted that the 17 percent decline year-to-date occurred, although Arista’s fundamentals are “strong,” as capital expenditure spending…


This Chicken Wing Stock Has a Better 5-year Return Than Disney, Netflix, Ford, and Amazon

Since 1994, Wingstop Inc. has been home to made-to-crave wings and hand-cut seasoned fries, and over the past five years, mouthwatering returns for investors. Since January 2016, Wingstop stock’s five-year return has outperformed several of the world’s most popular entertainment, automotive, and tech stocks: Walt Disney Co., Netflix Inc., Ford Motor Company, and Amazon.com Inc. Wingstop is a…


You Ask, We Analyze: Vinco Ventures Consolidates in This Bullish Pattern

On Thursday evening, Benzinga asked its followers on Twitter what they’re buying at the open on Friday. From the replies Benzinga selected one ticker for technical analysis. @yoloapes, @RichardJudge17, @IamMrRic, @BanksStocks, @Niko09201, @skrappyd0, @greatlifeishere, @EURO1512, @cristianmc, @raeddwaikat, @wolfhunter1450, bowen5454, @TomAce1183, @AndreasErnesto, @Royal_brx, ChrisRskov, @Minasy85, @FpsSultan, @freedomchasers0, @dead_eye_si, @m_fdez, @NuoFNuo1, @bigdeaportugal, @MoonMonkey615, @KJarsbo, @Spcowins, @FahrenkrugShane, @oryan199696,…


Gold Is Outperforming Bitcoin and the Stock Market in the Past 3 Months: What’s the Better Hedge?

In the past three months, investors have grown increasingly concerned about the negative potential impact of elevated inflation levels and rising interest rates in 2022. But while stock prices and cryptocurrency prices have lagged, gold has outshined them both. Golden Performance In the past three months, the SPDR S&P 500 ETF Trust is up just…


Here’s Why Wells Fargo Bumped Up Apple’s Price Target by 24 Percent

Wells Fargo analyst Aaron Rakers raised the price target on Apple Inc. to $205 from $165 and reiterated an Overweight rating on the shares ahead of Apple’s earnings on January 27. The price target implies an upside of 24.6 percent. Rakers increased Q1 revenue/EPS estimates to $117.8 billion/ $1.85 from $116.4 billion/$1.83. Rakers expects a focus on…