Streetbeat News

Earnings

DNKEY

Danske Bank has strong fundamentals and offers a 7.5% forward dividend yield, but its profitability is declining, limiting its growth potential. The recommendation has shifted from 'Buy' to 'Hold'.

Portfolio Pulse from

November 24, 2024 | 3:00 am

COST

Costco's stock is trading at over 50 times its earnings, a rare occurrence in its history. This high P/E ratio could indicate potential future stock performance based on past trends.

Portfolio Pulse from

November 23, 2024 | 11:45 pm

NVDA

Nvidia reported a 94% year-over-year revenue growth for its fiscal 2025 third quarter, indicating a booming business and stock price.

Portfolio Pulse from

November 23, 2024 | 11:30 pm

CRWD

CrowdStrike Holdings is under scrutiny as its upcoming fiscal 2025 third quarter results will reveal the impact of a previous faulty update that caused a global computer outage.

Portfolio Pulse from

November 23, 2024 | 10:30 pm

SOFI

SoFi Technologies' shares have surged over 100% since August, outperforming the S&P 500. The company has revised its 2024 guidance higher, and despite a higher valuation, shares are still attractively priced compared to peers. Growth is driven by increased interest earning assets, improved net revenue, and expansion in its Financial Services and Technology Platform segments.

Portfolio Pulse from

November 23, 2024 | 8:00 pm

BIDU

Baidu is leveraging its leadership in AI, autonomous driving, and search engine transformation to support a bullish long-term investment thesis. Despite short-term challenges in online marketing revenue, Baidu's AI ecosystem expansion and robotaxi innovations position it for future growth. Chinese government policies are expected to boost economic growth, benefiting Baidu's recovery and earnings potential.

Portfolio Pulse from

November 23, 2024 | 5:30 pm

WMT

Analysts have revised Walmart's stock price target upwards after the company reported impressive third-quarter earnings, reinforcing its status as a defensive investment and growth leader in retail.

Portfolio Pulse from

November 23, 2024 | 5:15 pm

RDDT

Reddit's stock has surged over 170% since its IPO in March, with significant gains following its late-October earnings release.

Portfolio Pulse from

November 23, 2024 | 5:00 pm

LLY

Eli Lilly's recent stock sell-off is seen as unwarranted due to inventory management complexities and non-cash charges. The stock is now trading near recommended buy zones, presenting an opportunity for investors.

Portfolio Pulse from

November 23, 2024 | 5:00 pm

TGT

Target's stock is experiencing a decline due to falling profits as cost increases outpace revenue growth.

Portfolio Pulse from

November 23, 2024 | 4:30 pm