Snapchat Drops 14% After 3rd Disappointing Earnings Report in a Row: Time to Cut Losses?
Snapchat (SNAP) reported their 4th quarter earnings for 2022 yesterday, and once again came in under expectations. It appears the rumors of growing headwinds we discussed back in December of last year are proving to be true. SNAP reported an EPS of 14 cents which outperformed the expectation of 11 cents - but the company fell short in virtually [...]
GM Reports Record Revenue & Invests in Lithium Production, But is the Stock Even Worth Buying?
Last year GM reported record-breaking full-year revenues of $10.4 billion. This year, the company did it again - outshining last year’s performance with a full-year adjusted income of $11 billion. The company also reported profits in excess of what analysts were expecting for the fourth quarter. Moreover, earnings per share were up to $2.12 from $1.35 in the same [...]
LSI Industries Jumps 11% After Latest Earnings Release – Time to Buy or Take Profits?
LSI Industries Inc. (LYTS), founded in 1976 Cincinnati, Ohio, experienced a big price run-up on January 26, the day of their latest earnings call. The stock opened at $13.15 while closing at $14.98 the high for the day, an 11% sprint higher from the prior day’s close. This was the highest price compared to its all-time high of $23.05 [...]
SoFi Outperforms in 4th Quarter & Expects a Profitable 2023 – Should You Invest Now Before That Happens?
When we last wrote about SoFi, the stock was rated a sell with poor safety and timing. Insiders at the company were purchasing up shares despite what looked to be a tumultuous time at the company. But since then, SoFi has gained over 53% - and looks to have a solid trend with momentum behind it. How did we [...]
BuzzFeed Explodes 275%+ After Going All In on AI Content: Is it Worth a Buy, Though?
Tools like ChatGPT are transforming the world right before our very eyes. We’re seeing the dismantling of the school system as students are able to write entire essays at the click of a button. And businesses are seeing the value in AI, too. The latest to buy into the hype is BuzzFeed (BZFD) - a digital media company that [...]
Should You Buy Chevron Ahead of Stock Buyback & Dividend Boost? Here are 3 Things to Consider…
Chevron (CVX) announced Wednesday after trading hours that the company has approved a stock buyback program along with a dividend hike. After an incredible year for the energy sector as a whole - and Chevron as a company - they are investing in themselves and giving back to shareholders. The energy giant has been repurchasing shares since 2019 under [...]
