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ResMed Inc. (RMD)

223.64 USD +9.08 (+4.23%) Volume: 2.66M

ResMed Inc.’s stock price soars to $223.64, marking a significant trading session increase of +4.23% and an impressive YTD gain of +30.01%, driven by robust trading volume of 2.66M, making it a promising investment in the healthcare sector.

Latest developments on ResMed Inc.

ResMed Inc. (RMD) reported solid growth and increased its dividend to $0.53 per share, leading to its stock touching a 52-week high of $223 amid market optimism. The company’s Q4 earnings surpassed estimates, with margins expanding and revenue beating expectations at $1.22 billion. Despite missing EPS estimates at $1.98, ResMed’s performance indicates positive dynamics and opportunities, reflecting increased demand for its sleep devices. KeyCorp also boosted ResMed’s price target to $251.00, reaffirming its stock rating. With steady demand for its sleep apnea devices, ResMed continues to outperform the market.

ResMed Inc. on Smartkarma

Analysts at Baptista Research have been closely following ResMed Inc’s performance, with a bullish sentiment on the company’s outlook. In their report titled “ResMed Inc.: What Are Their Latest Products & Their Expected Revenue Impact? – Major Drivers,” they highlight the strong third financial quarter for 2024, showing robust top-line and double-digit bottom-line growth. The growth is attributed to the continued demand for ResMed’s devices globally, as well as significant growth in their Software as a Service business and masks and accessories segment. Despite tough comparisons from the previous year, ResMed continues to impress with its strong performance.

Another report by Baptista Research, titled “ResMed Inc: Potential expansion of sleep awareness and population health management strategies to boost growth! – Major Drivers,” further underscores the company’s positive trajectory. In the Q2 FY2024 earnings, ResMed demonstrated strong execution across its entire business, resulting in double-digit growth in both top and bottom lines. The analysts point out the potential for growth in addressing sleep-related health issues affecting over 2 billion people globally. With a focus on expanding sleep awareness and population health management strategies, ResMed is well-positioned for sustained growth in the future.

A look at ResMed Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

ResMed Inc. is showing promising signs for long-term growth, with a Smartkarma Smart Score of 4 for Growth and 3 for Dividend. This indicates that the company is expected to expand and increase its market share over time, as well as potentially provide returns to investors through dividends. Additionally, with a Momentum score of 4, ResMed Inc. is demonstrating strong performance in the market, suggesting that it has positive momentum that could continue in the future.

However, ResMed Inc. scores lower in Value and Resilience, with scores of 2 for both factors. This may indicate that the company is currently trading at a higher valuation compared to its fundamentals, and may be more susceptible to market fluctuations or economic downturns. Investors should consider these factors when assessing the long-term outlook for ResMed Inc. despite its strong growth and momentum scores.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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MarketAxess Holdings Inc. (MKTX)

234.63 USD +13.41 (+6.06%) Volume: 0.74M

MarketAxess Holdings Inc.’s stock price exhibits a robust performance at 234.63 USD, with a notable uptick of +6.06% this trading session, backed by a trading volume of 0.74M. Despite a YTD decrease of -19.88%, MKTX continues to draw investor interest in the financial market.

Latest developments on MarketAxess Holdings Inc.

MarketAxess Holdings Inc. (NASDAQ:MKTX) experienced a fluctuation in its stock price today as Price T Rowe Associates Inc. MD sold a significant number of shares, totaling 720,475. Despite this sell-off, the stock managed to outperform its competitors, showcasing resilience in the market. However, O Shaughnessy Asset Management LLC also contributed to the stock’s movements by selling 344 shares, leading to underperformance on Wednesday. Investors are closely monitoring these developments as they navigate the ever-changing landscape of the stock market.

A look at MarketAxess Holdings Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

MarketAxess Holdings, Inc. operates an electronic trading platform for high-grade corporate and emerging markets bond trading. The company’s Smart Scores indicate a mixed outlook, with strong resilience and growth potential, but lower scores in terms of value and dividend. This suggests that while MarketAxess Holdings may have solid long-term prospects for growth and stability, investors should consider other factors before making investment decisions.

With a high score in resilience and moderate scores in growth and momentum, MarketAxess Holdings appears to be well-positioned to weather market fluctuations and continue to expand its market presence. While the company may not offer the highest value or dividend potential compared to other options, its focus on technology-driven price discovery and trade execution services for institutional clients could drive future success in the bond trading market.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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The Clorox Company (CLX)

144.09 USD +9.95 (+7.42%) Volume: 2.9M

The Clorox Company’s stock price soars to 144.09 USD, marking a significant trading session increase of 7.42% with a volume of 2.9M, and showcasing a promising year-to-date performance with a rise of 1.05%, highlighting the resilience and potential growth of CLX shares.

Latest developments on The Clorox Company

Despite the overall drop in the S&P 500, Clorox Company‘s stock is on the rise, thanks to a bullish profit outlook and strong forward guidance. The company’s Q4 earnings beat estimates, with a gross margin expansion, leading to a positive fiscal 2025 outlook. Clorox’s CEO, Linda Rendle, highlighted the operational resilience and strategic growth that contributed to the company’s success. With an increase in dividend and a profitable fiscal year, Clorox’s stock is at the top of S&P 500 gainers, showing strong growth potential for investors.

The Clorox Company on Smartkarma

Analysts at Baptista Research have been closely monitoring the Clorox Company‘s performance, with a bullish sentiment towards the company’s innovative growth strategies. In their report titled “The Clorox Company: A Story Of Innovation-Led Growth,” they highlighted the company’s strong recovery from a cyber attack in August, which impacted its operations. Despite lower sales and significant brand investments, Clorox exceeded its own expectations in adjusted earnings per share for the third quarter, showcasing a resilient performance.

In another report by Baptista Research, titled “The Clorox Company: A Genius Strategy to Crush Digital Transformation and Improve Sales! – Major Drivers,” analysts commended Clorox’s second-quarter financial results for 2024, which surpassed expectations. The company’s proactive approach to driving top-line growth, rebuilding margins, and managing currency headwinds in Argentina has helped maintain its brand superiority. With retailer inventories being refreshed more quickly than anticipated, Clorox is making strides in restoring distribution and enhancing market shares, positioning itself for continued success.

A look at The Clorox Company Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Clorox Company has a mixed long-term outlook. While the company scores high in Dividend and Momentum, it falls short in Value, Growth, and Resilience. This indicates that Clorox may be a good option for investors looking for stable dividends and potential growth opportunities, but may not be as attractive for those seeking value or resilience in uncertain market conditions.

The Clorox Company, known for its household cleaning and bleach products, cat litter, and other consumer goods, has a solid dividend score of 5, suggesting a strong track record of returning value to shareholders. However, with lower scores in Growth and Resilience, investors may want to carefully consider the company’s long-term potential and ability to withstand market challenges before making investment decisions.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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GoDaddy Inc. (GDDY)

151.25 USD +9.84 (+6.96%) Volume: 2.28M

GoDaddy Inc.’s stock price soars to 151.25 USD, marking an impressive jump of +6.96% this trading session with a trading volume of 2.28M. The tech giant continues to thrive in 2021, boasting a YTD increase of +42.47%, making it a standout performer in the stock market.

Latest developments on GoDaddy Inc.

Godaddy Inc Class A stock prices experienced a shift today following the release of the company’s second quarter 2024 financial results. Investors were eager to see how the company performed during this period, which ultimately influenced the movement of the stock prices. The report likely included key metrics such as revenue, earnings, and future projections, all of which can significantly impact investor sentiment and trading activity. As a result, Godaddy Inc Class A stock prices saw fluctuations throughout the day in response to these financial updates.

GoDaddy Inc. on Smartkarma

Analysts at Baptista Research have provided insightful coverage on Godaddy Inc Class A on Smartkarma. In their report titled “GoDaddy Inc.: Utilizing Data and AI for Pricing and Bundling & Other Major Drivers,” they highlight the company’s strong start in the first quarter of 2024. The report emphasizes the positive reputation of the company, citing a 26% year-over-year growth in free cash flow and a surge in the applications and commerce sector. The analysts lean bullish on the company’s performance.

Another report by Baptista Research, titled “GoDaddy Inc: A Story Of Penetration of Existing Customer Base with Payment Services! – Major Drivers,” focuses on the company’s fourth quarter and annual 2023 results. The analysts note a steady growth trajectory, particularly in the Applications & Commerce segment with a 16% bookings growth. They also highlight the company’s success in surpassing previous guidance for 2023 normalized EBITDA margin. Baptista Research evaluates various factors that could impact the company’s price in the future and conducts an independent valuation using a Discounted Cash Flow methodology.

A look at GoDaddy Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma Smart Scores, Godaddy Inc Class A shows strong potential for growth and momentum in the long term. With a high score in Growth and Momentum, the company is positioned well to expand its market presence and continue to attract investors. This indicates a positive outlook for the company’s future performance and overall success.

Although Godaddy Inc Class A scores lower in Value and Dividend, its high scores in Growth and Momentum suggest that the company is focused on expanding and innovating in the market. With a resilient business model, Godaddy Inc Class A is well-equipped to navigate challenges and capitalize on opportunities in the evolving digital landscape. Overall, the company’s strategic approach and strong performance indicators point towards a promising long-term outlook.

Summary: GoDaddy, Inc. provides a cloud-based web platform for small businesses, web design professionals, and individuals. The Company’s platform offers applications to help customers connect, manage their businesses, and establish an online presence.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Cboe Global Markets, Inc. (CBOE)

193.78 USD +8.04 (+4.33%) Volume: 1.44M

Cboe Global Markets, Inc.’s stock price is currently standing at 193.78 USD, showcasing a positive trading session with a percentage change of +4.33%. With a trading volume of 1.44M and a year-to-date percentage change of +8.53%, CBOE’s stock performance continues to show promising growth.

Latest developments on Cboe Global Markets, Inc.

Cboe Global Markets has recently made headlines with a series of key events leading up to today’s stock price movements. From selling its Chicago ex-headquarters at half of its pre-pandemic value to surpassing Q2 earnings estimates and improving year-over-year, Cboe has been on a rollercoaster ride. Despite a fall in 2Q profits due to impairments, the company has lifted its revenue guidance and reported a quarterly profit that beat estimates, thanks to increased hedging activity by investors. With a focus on importing global trading into the US and targeting international demand for US options growth, Cboe has been making strategic moves to stay ahead in the market. Despite underperforming compared to competitors on some days, Cboe’s solid Q2 results and revenue guidance raise have kept investors interested in the company’s stock.

A look at Cboe Global Markets, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking at the long-term outlook for Cboe Global Markets using Smartkarma Smart Scores, the company shows strong potential for growth with a score of 5 in that category. This indicates that Cboe Global Markets is positioned well for expanding its market presence and increasing its revenue in the future. Additionally, the company scores a 3 in both Resilience and Momentum, suggesting that it has the ability to withstand market challenges and maintain a positive trajectory in the near term.

While Cboe Global Markets may not score as high in Value and Dividend, with scores of 2 in both categories, its strengths in Growth, Resilience, and Momentum make it a promising investment option for those looking for long-term growth opportunities in the marketplace. With its established role in trading options on various securities and its innovative trading model, Cboe Global Markets is well-positioned to continue its success in the trading industry.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Public Storage (PSA)

311.90 USD +11.82 (+3.94%) Volume: 1.22M

Public Storage’s stock price surges to $311.90, marking a considerable trading session increase of +3.94% with a robust trading volume of 1.22M. With its year-to-date performance showing a promising growth of +2.26%, PSA continues to be a compelling choice for investors.

Latest developments on Public Storage

Public Storage has been making headlines recently with a mix of positive and negative news affecting its stock price. From earning a technical rating upgrade to beating Q2 FFO estimates but trimming guidance, the company has been on a rollercoaster ride. Despite outperforming competitors on a strong trading day, the stock has also underperformed on other occasions, leading to a downgrade in its rating. With news of declining move-in rents and a pivot towards self-storage facilities, investors are closely watching Public Storage‘s every move. Most recently, an arrest was made after two dead cats were found at one of the company’s facilities, adding to the mix of events impacting its stock price today.

A look at Public Storage Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Public Storage, a real estate investment trust, is showing a promising long-term outlook based on its Smartkarma Smart Scores. With above-average scores in Dividend, Growth, Resilience, and Momentum, the company is well-positioned for future success. While its Value score is not as high, the overall positive scores indicate a strong performance in key areas that investors look for.

Public Storage‘s focus on acquiring, developing, owning, and operating self-storage facilities in the US, along with its equity interest in European facilities, provides a diverse revenue stream. This, combined with its solid scores across important factors, suggests that the company is likely to continue its growth and maintain its position as a reliable investment option in the real estate sector.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Extra Space Storage Inc. (EXR)

164.95 USD +5.09 (+3.18%) Volume: 1.45M

Extra Space Storage Inc.’s stock price is currently standing strong at 164.95 USD, witnessing an impressive rise of +3.18% in today’s trading session. With a substantial trading volume of 1.45M, the stock has shown a steady growth YTD with a percentage change of +2.88%, making EXR a compelling choice for investors looking for robust growth.

Latest developments on Extra Space Storage Inc.

Extra Space Storage Inc. has had a mixed second quarter, with its stock performance underperforming competitors despite daily gains. However, the company managed to exceed Wall Street expectations for its Q2 performance, reporting solid results and topping estimates for Funds From Operations (FFO) while also seeing an increase in occupancy. Despite some losses on the day, Extra Space Storage stock outperformed competitors overall. The company’s earnings call highlighted the positive results, with an increase in FFO guidance amidst market challenges, indicating a potential boost for the Real Estate Investment Trust (REIT) sector. Investors may want to consider buying Extra Space Storage stock for a potential rally in the REIT market.

Extra Space Storage Inc. on Smartkarma

According to a recent report by Value Investors Club, analyst coverage on Extra Space Storage (EXR) is leaning towards a bearish outlook. The author of the report expressed a negative sentiment towards self-storage REITs, particularly EXR, citing high valuations despite a challenging outlook and higher interest rates. The report also predicts that the industry’s long-term prospects are unfavorable due to institutionalization and increased competition.

The research report, titled “Extra Space Storage Inc (EXR) – Tuesday, Jan 9, 2024,” can be found on Smartkarma’s independent investment research network. The author’s insights on EXR and the self-storage REIT sector are based on publicly available sources and have been machine-generated. Despite being published 3 months ago, the report provides valuable information for investors looking to understand the current sentiment and analysis of Extra Space Storage.

A look at Extra Space Storage Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Extra Space Storage has a promising long-term outlook based on its Smartkarma Smart Scores. With high scores in Dividend, Growth, and Momentum, the company is poised for continued success in the future. Its strong dividend and growth potential indicate a stable financial position and opportunities for expansion. Additionally, its positive momentum suggests that investors are optimistic about its prospects.

Despite having lower scores in Value and Resilience, Extra Space Storage‘s overall outlook remains positive. The company’s focus on professionally managed self-storage properties positions it well in the real estate investment trust sector. With a solid foundation and opportunities for growth, Extra Space Storage is likely to remain a key player in the market for years to come.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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What is Smartkarma SmartScore?

It is a compound score for a Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores (Value, Dividend, Growth, Resilience, Momentum scores) computed by Smartkarma.

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Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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