Walgreens Falls 6% After Announcing Dividend Cuts Despite Solid Earnings: Should Investors Sell WBA?
Shares of Walgreens (WBA) are down more than 6% in Thursday’s trading session after the drugstore retailer reported its fiscal first-quarter earnings. Earnings per share of 66 cents beat the consensus of 61 cents, while revenue of $36.71 billion topped the $34.86 billion expected. The company did report a net loss for the quarter of $67 million, or 8 [...]
Verizon Kicks Off 2024 with New Resolutions and Unexpected Gains
Sticks and stones may break my bones, while an analyst’s rating will move a company, as can be witnessed by Verizon Communication’s (VZ) 2% uptick following Keybanc’s upgrade. Verizon made initial gains at the start of the year after Keybanc upgraded the company to ‘overweight,’ with a bright outlook for the fiscal year of 2024. An upgrade like this [...]
Moderna Climbs 13% After Analyst Upgrades to a Buy: Why MRNA is Still Rated a Hold at VectorVest
Shares of Moderna (MRNA) climbed 13% in yesterday’s trading session after being upgraded to a buy at Oppenheimer. The stock fell a bit in Wednesday’s trading session, but has since settled at around even on the day. Hartaj Singh and a team of analysts see dramatic upside potential over the next few years for Moderna, leading to an upgrade [...]
Nextracker Inc. Attains Its All-Time High on December 22: Can it Power Ahead in 2024
by Leslie N. Masonson, MBA Nextracker Inc. (NYSE:NXT), a worldwide integrated energy, solar and software solutions company was founded in 2013 in Fremont, CA where it is currently headquartered. It has $2.1 billion in annual sales and a market capitalization of $2.95 billion with only 606 full-time employees. The company’s services are used in utility-scale and distributed generation solar [...]
Joyy Inc. Falls 15% on Canceled Acquisition: Why It’s Time to Sell This Stock Now
Momentum was surging for Joyy Inc. (YY) heading towards the end of 2023, as Baidu was set to acquire the Singapore-based streaming company in an all-stock acquisition. However, the deal has fallen through according to a filing in Hong Kong. YY is down 15% so far in the first trading session of 2024. While some say this is a [...]
One Dozen Key Steps For Selecting ETFs
by Leslie N. Masonson, MBA In order to make informed decisions about ETFs, investors should use a step-by-step analytical approach. Be aware that the more complex the ETF’s strategy, the more time will be needed to understand all its features and risks. For example, the basic index ETF (SPY, QQQ, and DIA) is usually simple to understand as is [...]
