Macy’s is Up 86% in the Past Month After News of a Buyout Offer: What Investors Need to Know
Shares of Macy’s (M) are up 20% so far to start the week as the company is reportedly reviewing a $5.8 billion buyout offer. Shares have now surged more than 86% in the past month. A source close to the matter says the offer comes from two investors, real estate investor Arkhouse Management and Asset Manager Brigade Capital Management. [...]
GigaCloud Technology Inc. Breaks Out of Recent Trading Range: Can It Exceed Its September 11, 2023 High of $18.60?
by Leslie N. Masonson, MBA GigaCloud Technology, Inc. (Nasdaq:GCT), was incorporated in 2006 in Walnut Creek, California where it is currently headquartered. It has $584 million in annual sales and a market capitalization of $440 million with 764 full-time employees. Previously, it was known as Oriental Standard Human Resources Holdings Limited with a name change in February 2021. Year-to-date [...]
Dividend Investing With ETFs
by Leslie N. Masonson, MBA Over the years, investors searching for dividends only had a few choices such as mutual funds and individual securities. With the advent of ETFs and their tremendous growth over the past 30 years, investors now have another alternative that may be the best of all. ETFs provide investors with a diversified and cost-effective approach [...]
Is it Time to Buy DOCU After Strong Q3 Performance Boosts Shares 3%?
DocuSign (DOCU) reported strong third-quarter earnings yesterday that sent shares 3% higher in Friday morning’s trading session. The stock has now rallied more than 8% in the past week. Revenue for the quarter climbed 9% YoY to $700.4 million, well above the Wall Street consensus of $690 million. DocuSign also outperformed the analyst consensus on the bottom line, reporting [...]
Chewy Misses on Revenue, Surprises on Earnings: 3 Things Investors Need to Know as the Stock Falls
Chewy (CHWY) fell more than 11% this morning after the online pet supply store delivered third-quarter earnings with a mixed bag of results. While revenue lagged, an earnings beat was a positive surprise. The company reported revenue of $2.74 billion, a slight improvement year over year compared to the $2.53 billion reported in 2022. However, this figure did fall [...]
Is Campbell Soup a Strong Buy After Surpassing Analyst Expectations?
Campbell Soup (CPB) is more than America’s staple soup brand or a famous Andy Warhol painting; The Campbell Soup Company is a potential stock pick. The recent rate hikes and food inflation felt nationwide have made brands such as Campbell Soup a popular alternative for American families, but is that popularity transferring over into the stock market? Campbell seems [...]