Streetbeat News

Revenues

SYM

Symbotic Inc. (SYM) has restated its financial results for three fiscal 2024 quarters due to significant errors in previously reported revenue and profitability figures. This comes amid a securities class action over improper accounting.

Portfolio Pulse from

January 09, 2025 | 7:45 pm

R

Ryder System's shares have surged, outperforming the S&P 500, and remain attractively priced, justifying a 'buy' rating. The company's revenue growth is driven by its Fleet Management, Supply Chain, and Dedicated Transportation Solutions segments. Despite mixed profitability, operating cash flow and EBITDA have increased, with promising forecasts for 2024.

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January 09, 2025 | 7:45 pm

HZNOF

Dexterra Group Inc. reported a 1.5% revenue increase in Q3 2024, with strong growth in WAFES and IFM. The company declared a dividend and expanded its stock buyback program, indicating confidence in its undervalued share price. Dexterra's strong balance sheet and low debt to EBITDA ratio support potential acquisitions.

Portfolio Pulse from

January 09, 2025 | 7:30 pm

NVDA

The semiconductor industry faces slow recovery in key end markets despite strong growth prospects. NVDA and SUOPY are highlighted as stocks with rich valuations.

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January 09, 2025 | 7:15 pm

BRK-A

Warren Buffett's Berkshire Hathaway achieved its ninth consecutive yearly gain in 2024, showcasing the company's consistent performance. Investors can draw insights from Buffett's investment strategies.

Portfolio Pulse from

January 09, 2025 | 7:15 pm

SHOP

Shopify (SHOP) is highlighted as a strong growth stock with potential to outperform the market due to its above-average financial growth.

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January 09, 2025 | 7:00 pm

AIG

American International Group (AIG) is recommended to be retained due to its strong growth potential, driven by high retention rates in its General Insurance segment, as well as divestitures and cost-cutting measures that enhance margins.

Portfolio Pulse from

January 09, 2025 | 7:00 pm

DIS

Disney announced that its streaming platforms Disney+, Hulu, and ESPN+ have attracted approximately 157 million monthly active users worldwide. This announcement was made during the CES showcase in Las Vegas.

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January 09, 2025 | 6:45 pm

CLOZ

CLOZ is highlighted for its strong fundamentals, offering high returns with low risk and volatility. It invests in a diversified portfolio of CLOs, balancing low-risk BBB tranches and higher-return BB tranches. CLOZ has a 30-Day SEC Yield of 9.42% and a management fee of 0.5%.

Portfolio Pulse from

January 09, 2025 | 6:30 pm

PDYPY

Flutter, the owner of FanDuel, reported a $370 million loss due to favorable NFL outcomes for bettors, marking the most 'customer-friendly' season since online sports betting began.

Portfolio Pulse from

January 09, 2025 | 6:15 pm