Streetbeat News

Earnings

ORCL

Oracle's stock has seen an 80% increase this year, but its rally paused after fiscal 2025 Q2 results missed Wall Street expectations.

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December 14, 2024 | 8:45 am

DG

DLTR

Dollar store chains, including Dollar General and Dollar Tree, have faced challenges in 2024 as higher-earning households shift to Walmart for cost savings. This trend impacts their core customer base, which lacks similar downgrade options.

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December 14, 2024 | 8:30 am

VDE

The article discusses the potential of VDE and energy stocks as strategic assets for 2025, highlighting VDE's lower yield compared to iShares MSCI Global Energy Producer but cheaper expense ratio. VDE's P/E is significantly lower than the S&P 500, with earnings growth expected to turn positive in 2025 amid rising global GDP and energy demand.

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December 14, 2024 | 8:15 am

MTH

Meritage Homes Corporation is rated as a buy due to strong earnings growth prospects and favorable macro conditions, such as tight housing supply and high mortgage rates. The company's strategy of offering quick, move-in ready homes with a 60-day closing guarantee is well-suited to current market demands. Potential risks include tighter regulations on home financing and supply chain pressures.

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December 14, 2024 | 6:45 am

T

AT&T's stock shows bullish indicators, having broken key resistance levels and offering potential for further price gains. Despite recent rallies, it remains attractively valued, especially when adjusted for growth and yield.

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December 14, 2024 | 6:45 am

CURV

Torrid Holdings (CURV) faces challenges with declining demand and an expensive valuation. The company's 3Q24 revenue dropped by 4.2% year-over-year, marking the ninth consecutive quarter of negative comparable sales growth and missing consensus estimates. Management needs to demonstrate its ability to accelerate comparable sales growth in 4Q24, particularly with new product launches and the holiday shopping season.

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December 14, 2024 | 5:45 am

SOFI

SoFi Technologies is recommended as a 'Buy' due to its strong growth potential and impressive Q3 performance, including significant member and revenue growth. Analysts have revised their expectations upward, and management's guidance suggests continued outperformance.

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December 14, 2024 | 3:45 am

BXSL

WHF

Business Development Companies (BDCs) have shown resilience, overcoming an August dip and achieving nearly a 10% increase year-to-date. In Q3 earnings, WHF reported a -2% total NAV return with rising non-accruals, while BXSL posted a strong 3.2% total NAV return.

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December 14, 2024 | 3:00 am

AVGO

Broadcom is nearing a $1 trillion valuation, driven by strong earnings growth and the acquisition of VMware. The company's AI segment is booming with 220% YoY growth, and it has partnerships with large customers, aiming for a $75 billion market opportunity by 2027. Broadcom's semiconductor segment saw 12% YoY growth, and infrastructure software revenue nearly tripled.

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December 14, 2024 | 2:45 am

ALK

Alaska Air's stock surged over 15% this week following a positive business update, as reported by S&P Global Market Intelligence.

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December 14, 2024 | 12:15 am