Streetbeat News

Revenues

ALB

LUV

The article discusses how a moderately growing economy could benefit certain volatile stocks, including Southwest Airlines and Albemarle.

Portfolio Pulse from

December 10, 2024 | 8:30 pm

DXCM

DexCom's Q3 revenue grew by 2% year-over-year to $994.2 million, facing challenges in 2024 due to competition and missteps. However, the long-term outlook remains strong with the launch of the Stelo CGM, targeting non-insulin users, expected to significantly ramp up in 2025.

Portfolio Pulse from

December 10, 2024 | 8:30 pm

LHX

L3Harris is expected to benefit from increased defense spending due to U.S.-China tensions. The company's $34B backlog and advanced space defense projects align with geopolitical priorities, projecting a 7%-15% CAGR. Despite risks from elevated debt and reliance on U.S. contracts, L3Harris's strategic alignment ensures resilience.

Portfolio Pulse from

December 10, 2024 | 8:15 pm

MQ

Levi & Korsinsky has initiated an investigation into Marqeta, Inc. for potential violations of federal securities laws after the company reduced its revenue growth forecast for Q4 2024.

Portfolio Pulse from

December 10, 2024 | 8:15 pm

TMO

Thermo Fisher Scientific is poised for growth with consistent revenue streams, a strong M&A track record, and minimal macroeconomic dependence. The company is set to benefit from improved biotech funding and China's government stimulus by 2025.

Portfolio Pulse from

December 10, 2024 | 7:30 pm

RCI

The BTSX strategy, which involves buying the top ten yielding stocks from the TSX 60, has historically outperformed the TSX but underperformed in 2023 and is expected to do so in 2024. The Canadian market's oligopoly structure offers a unique investment landscape.

Portfolio Pulse from

December 10, 2024 | 7:15 pm

BNZI

Banzai International, Inc. (NASDAQ: BNZI) has announced a definitive agreement to acquire OpenReel, a digital video creation platform. This acquisition is expected to grow Banzai's trailing twelve-month revenue by 152% to $10.9 million.

Portfolio Pulse from

December 10, 2024 | 7:15 pm

KNX

Knight-Swift Transportation Holdings Inc. (KNX) is facing high costs related to driver wages, equipment, maintenance, and fuel, which could negatively impact its stock performance.

Portfolio Pulse from

December 10, 2024 | 7:15 pm

MQ

Levi & Korsinsky has initiated an investigation into Marqeta, Inc. for potential violations of federal securities laws after the company reduced its revenue growth forecast for Q4 2024.

Portfolio Pulse from

December 10, 2024 | 7:00 pm

FLOC

Flowco Holdings is preparing for a $100 million IPO to support growth, repay debt, and for general corporate purposes. The company is experiencing rapid revenue growth, increased operating profit, and strong cash flow. However, it faces risks such as customer concentration, reliance on the cyclical oil and gas industry, and intense competition.

Portfolio Pulse from

December 10, 2024 | 7:00 pm