Dollar General Jumps 10% On CEO Returning, But VectorVest Says It’s Time to Sell – Here’s Why…
Shares of Dollar General (DG) have fallen more than 11% in the last month, but things started to turn around this Friday morning. The company reported that CEO Todd Vasos would return to the helm and shares jumped 10%. This is the biggest single-day jump since May of 2022. This came after the previous CEO of Dollar General Corp. [...]
Domino’s Pizza Reports Massive Profit Growth, Slight Revenue Miss: Should You Buy This Stock?
Shares of Domino’s Pizza (DPZ) are up nearly 3% in Thursday morning’s trading session after the company reported massive profit growth that exceeded analyst expectations for the third quarter. Earnings per share came in at $4.18 compared to just $3.31 that analysts were looking for. However, revenue of $1.03 billion was a step backward year over year, representing a [...]
Rivian Gets a Buy Upgrade From UBS, But VectorVest Still Shows a Sell Rating: Here’s Why…
Rivian Automotive (RIVN) got an upgrade Tuesday from UBS analyst Joseph Spak. He moved his position on the stock from hold to buy, and yet he lowered his price target from $26 to $24. This came after the company raised a whopping $1.5 billion on October 5 - something that caught investors and Wall Street analysts alike off guard. [...]
How to Learn Technical Analysis of Stocks: Setting Yourself Up For Success From the Start
Technical analysis is the key to making informed decisions in the stock market. It helps you uncover opportunities and time your entry and exit to capture a profit. However, learning technical analysis can be overwhelming for new traders. With so many different indicators and patterns to get a hold of, where should you even begin? You may be seeking a [...]
PepsiCo Gains 2% on Earnings Beat, Raised Guidance – But is it Time to Buy This Stock?
Beverage and snack giant PepsiCo Inc. (PEP) is trading marginally higher in Tuesday morning’s session after the company reported third-quarter earnings that beat the analyst consensus. The company grew revenue from $21.971 billion to $23.453 billion while surpassing the FactSet consensus of $23.413 billion. The bottom line grew too, though. Net income climbed to $3.092 billion from $2.702 billion [...]
Bullish Analysts See 57% Upside Potential in Arm Holdings, But VectorVest is Skeptical – Here’s Why…
Shares of Arm Holdings PLC (ARM) are up 3% in Monday morning’s trading session after news hit that the bulls love this stock. In fact, some analysts see as much as a 57% upside potential in the stock. The company, which specializes in chip design, is trading only 6% above its IPO price. That could change with this new [...]