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Top communication stocks to explore under US$120 in October
October 12, 2021 01:22 PM PDT| By Ipsita SarkarHighlights The total operating revenue of Verizon Communications Inc. (NYSE: VZ) surged 10.9% YoY in Q2, FY21. T-Mobile US, Inc’s (NASDAQ: TMUS) total revenue increased by 13% YoY in Q2, FY21. Comcast Corporation (NASDAQ: CMCSA) has anno.....
Airbnb (ABNB) & Wynn (WYNN) stocks eyeing to ride on Halloween bonanza?
October 12, 2021 12:09 PM PDT| By Ipsita SarkarHighlights Investment bank Cowen Inc. gave an "outperform" rating to Airbnb, Inc. (NASDAQ: ABNB). Wynn Resorts, Limited (NASDAQ: WYNN) bags best employer recognition from Las Vegas Review-Journal and Business Press. ABNB stock rose 3.96% in on.....
Green is the new black? WWR, SLI stocks jump on Lithium hopes
October 12, 2021 10:02 AM PDT| By Sanjeeb BaruahHighlights The Westwater Resources, Inc. (AMEX: WWR) is set to construct its Coosa Graphite Project production facility near Kellyton, Alabama. Westwater’s board of directors has approved US$202 million for the construction, expected to .....
Fastenal (FAST), AZZ Inc. (AZZ) stocks pop after strong earnings
October 12, 2021 08:54 AM PDT| By Ipsita SarkarHighlights The net sales of Fastenal Company (NASDAQ: FAST) surged 10% YoY in Q3, FY21. Fastenal’s gross profit rose more than 12% YoY in Q3, FY21. AZZ Inc. (NYSE: AZZ) expects its net sales to be between US$865 million and US$925 millio.....
As Halloween shopping gets underway, here’re five stocks to consider
October 11, 2021 05:17 PM PDT| By Ipsita SarkarHighlights The National Retail Federation (NRF) expects Halloween spending to be around US$10.1 billion this year. The Hershey Company (NYSE: HSY) is expected to report its third-quarter earnings on Oct 28. Walmart Inc. (NYSE: WMT) will .....
CLOV, ADMS stocks up on rating upgrade, purchase deal
October 11, 2021 11:10 AM PDT| By Ipsita SarkarHighlights Stocks of Clover Health Investments, Corp. (NASDAQ: CLOV) and Adamas Pharmaceuticals, Inc. (NASDAQ: ADMS) were gaining traction on Monday. The Centers for Medicare and Medicaid Services (CMS) upgraded the CLOV stock to a 3.5-star rat.....
SoFi (SOFI), Alibaba (BABA) stocks rally on positive news
October 11, 2021 09:57 AM PDT| By Ipsita SarkarHighlights SoFi Technologies, Inc. (SOFI) stock rose after analysts gave an "overweight" rating. SoFi Technologies will release its third-quarter fiscal 2021 results on Nov 10. Alibaba Group Holding Ltd.’s (NYSE: BABA) revenue grew 34% Y.....
Are you an ETF fan? Here’re five rising retail ETFs to explore in Q4
October 08, 2021 06:34 PM PDT| By Sanjeeb BaruahHighlights The SPDR S&P Retail ETF (XRT) gave around 41% return YTD. Its closing price was US$89.63 on Oct 6. The First Trust Nasdaq Retail ETF (FTXD) gave a YTD return of 20.44%, and its dividend yield is 1.03. VanEck Retail ET.....
Geo Group (GEO), Opendoor (OPEN) stocks pop on contracts, purchases
October 08, 2021 06:14 PM PDT| By Team Kalkine MediaHighlights The S&P 500 real estate sector gained 1.41% over the past one month. Geo Group Inc (The) REIT (NYSE: GEO) struck new deals with municipalities. Opendoor Technologies Inc (NASDAQ: OPEN) purchased a record 8,500 properties in .....
Five oil and gas stocks under US$35 with over 370% YTD return
October 08, 2021 01:49 PM PDT| By Ipsita SarkarHighlights The Aemetis, Inc. (NASDAQ: AMTX) stock gained more than 575% YTD. Vertex Energy, Inc. (NASDAQ: VTNR) stock rose around 603% YTD. SM Energy Company’s (NYSE: SM) total revenue was US$563.84 million in Q2, FY21. The oil and .....
General Motors (GM), Avis Budget (CAR) stocks rise on upbeat business outlook
October 08, 2021 12:47 PM PDT| By Ipsita SarkarStocks of General Motors Company (NYSE: GM) and Avis Budget Group, Inc. (NASDAQ: CAR) rose 3% and 8%, respectively, in intraday trading on Friday. The GM stock traded at US$58.16, up 3.05%, while the CAR stock traded at US$136.39, up 7.86%, at aro.....
ChemoCentryx (CCXI), Vaxart (VXRT) stocks rally on upbeat drug news
October 08, 2021 09:18 AM PDT| By Ipsita SarkarHighlights FDA has approved ChemoCentryx's drug Avacopan, to be sold under the brand name Tavneos. A Duke University study showed Vaxart's oral drug is more effective in reducing SARS-CoV-2 transmission. Vaxart, Inc. (NASDAQ: VXRT) stock.....
Is Affirm (AFRM) on course to become the next PayPal?
October 07, 2021 06:52 PM PDT| By Team Kalkine MediaAffirm Holdings (NASDAQ: AFRM) stock has been drawing attention from Wall Street investors following its collaborations with the likes of Amazon, Shopify, and Walmart. Although it has recently unveiled major plans for its foray into the buy-now, p.....
Paltalk (PALT) & Matterport (MTTR): Two trending stocks on Thursday
October 07, 2021 04:32 PM PDT| By Ipsita SarkarHighlights Paltalk, Inc. (PALT) stock gained 593% in a year based on its closing price of US$6.93 on Oct 6. Matterport, Inc. (MTTR) on Thursday said that real estate firm Cushman & Wakefield adopted its technology solution that helped save .....
Helen (HELE), ConAgra (CAG) raise sales guidance after solid results
October 07, 2021 10:01 AM PDT| By Sanjeeb BaruahHighlights Helen of Troy Limited (NASDAQ: HELE) reported a gross profit of US$210.58 million in Q2, FY22. HELE expects its core net sales to be between US$1.99 billion and US$2.03 billion in fiscal 2022. ConAgra Brands, Inc’s (NYSE: CAG).....
Earnings Update: Levi Strauss’ (LEVI) net revenue jumps 41% in Q3
October 06, 2021 05:19 PM PDT| By Sanjeeb BaruahHighlights Levi Strauss & Co’s (NYSE: LEVI) adjusted net income rose to US$197 million in Q3 2021, from US$31 million in Q3, 2020. The company’s net revenue rose by 41% YoY to US$1.5 billion. The adjusted diluted EPS rose from.....
Top five value stocks to consider in October
October 06, 2021 04:21 PM PDT| By Ipsita SarkarHighlights Value stocks are typically priced at a discounted rate than their intrinsic value. Home improvement retailer Lowe's Companies, Inc. (NYSE: LOW) grew by 24% in one year. Its next ex-dividend date is Oct 19, 2021, for a dividend amount.....
Voyager Therapeutics (VYGR) stock jumps 56% on Pfizer licensing deal
October 06, 2021 03:29 PM PDT| By Sanjeeb BaruahHighlights Voyager Therapeutics, Inc. (NASDAQ: VYGR) sealed a license option deal with Pfizer worth around US$630 million. Pfizer may exercise the option to use Voyager’s RNA-driven TRACERTM screening technology for developing its gene th.....
Cheap EV stocks to explore in the fourth quarter of 2021
October 06, 2021 01:45 PM PDT| By Ipsita SarkarHighlights Ford Motor Company’s (NYSE: F) revenue increased by 38 percent YoY in Q2, FY21. Fisker Inc’s (NYSE: FSR) revenue was US$27 thousand in Q2, FY21. Xpeng Inc. (NYSE: XPEV) delivered 25,666 vehicles in Q3, FY21. The EV .....
Three hot growth stocks under US$1400 for income investors
October 06, 2021 12:45 PM PDT| By Ipsita SarkarHighlights The total revenue of Shopify Inc. (NYSE: SHOP) increased by 57% YoY in Q2, FY21. Palo Alto Networks, Inc. (NYSE: PANW) expects its revenue to be between US$1.19 billion and US$1.21 billion in Q1, FY22. The revenue of Atlassian Corpo.....
