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Warner Bros. Discovery, Inc.’s Stock Price Soars to $7.77, Marking a Positive 1.83% Shift in Market Performance

By | Market Movers

Warner Bros. Discovery, Inc. (WBD)

7.77 USD +0.14 (+1.83%) Volume: 41.36M

Warner Bros. Discovery, Inc.’s stock price stands at 7.77 USD, witnessing a positive session change of +1.83% on a trading volume of 41.36M. However, the stock has seen a significant year-to-date decline of -31.72%, reflecting a turbulent performance in the market.


Latest developments on Warner Bros. Discovery, Inc.

Warner Bros. Discovery has been making headlines with a series of significant moves recently. From committing to an $8.5 billion production spend at their Las Vegas studio to selling off their games division, the company is undergoing major changes. Despite facing setbacks, such as a judge’s ruling against CEO David Zaslav, Warner Bros. Discovery is pushing forward with new content moves that are giving their stock a boost. With key figures like ‘Hacks’ co-creator Jen Statsky joining the TV group under a new deal and actor Michael Keaton expressing indifference towards the scrapped ‘Batgirl’ movie, the company is clearly focused on growth. Additionally, Warner Bros. Discovery is eyeing an $8.5 billion expansion in Las Vegas, pending a film tax credit expansion. As investors analyze the company’s financial health and market sentiment, it is evident that Warner Bros. Discovery is making strategic moves to solidify its position in the industry.


Warner Bros. Discovery, Inc. on Smartkarma

Analysts at Baptista Research have been closely following Warner Bros Discovery Inc. and their recent performance in the second quarter of 2024. Despite facing market challenges, the company showed significant achievements, especially in the direct-to-consumer segment. With a focus on international subscriber growth and strategic launches like Max in Europe during the Olympic Games, Warner Bros Discovery has solidified its position in the global streaming market. This positive outlook has led Baptista Research to lean bullish on the company’s future prospects.

In their research reports, Baptista Research highlights Warner Bros Discovery’s efforts towards sustainable growth through strategic partnerships and global expansion. The company’s adaptation to changing consumer behaviors and technological advancements has been commendable, leading to an increase in their streaming service, Max, subscribers. Warner Bros Discovery’s continuous focus on financial stability and debt reduction further showcases their commitment to long-term success in the evolving media industry. With these positive developments, analysts at Baptista Research maintain a bullish sentiment on Warner Bros Discovery’s growth trajectory.


A look at Warner Bros. Discovery, Inc. Smart Scores

FactorScoreMagnitude
Value5
Dividend1
Growth2
Resilience3
Momentum4
OVERALL SMART SCORE3.0

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

Warner Bros Discovery, a media and entertainment company, seems to have a bright future ahead based on its Smartkarma Smart Scores. With a top score in Value, the company appears to be undervalued in the market, presenting a potential opportunity for investors. Additionally, its strong Resilience score suggests that Warner Bros Discovery is well-equipped to weather economic downturns and industry challenges, providing stability for long-term growth.

However, it is important to note that the company’s low Dividend and Growth scores may be cause for concern for some investors. A low Dividend score indicates that Warner Bros Discovery may not be prioritizing returning profits to shareholders through dividends. Similarly, a modest Growth score suggests that the company may not be expanding as rapidly as some of its competitors. Despite these factors, the overall positive outlook, especially with a solid Momentum score, indicates that Warner Bros Discovery has the potential to continue thriving in the media and entertainment 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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Amcor plc’s Stock Price Soars to $10.79, Marking a Positive Surge of +1.60%

By | Market Movers

Amcor plc (AMCR)

10.79 USD +0.17 (+1.60%) Volume: 8.63M

Amcor plc’s stock price is currently strong at 10.79 USD, witnessing a positive surge of +1.60% this trading session with a hefty trading volume of 8.63M, reflecting the company’s robust market presence. The stock’s YTD performance also shows a promising uptrend with a percentage change of +11.93%, indicating steady growth and potential for future gains.


Latest developments on Amcor plc

Amcor’s stock price movements today were influenced by key events such as the company publishing its Decarbonization Roadmap, signaling a commitment to sustainability. Additionally, there was news of an upgraded IBD rating, reflecting improved technical strength. Amcor also announced a dividend of $0.125 per share, attracting investor attention. Despite a 7% decrease in net sales for FY24, Amcor PLC stock rose on Monday, outperforming the market. The company’s focus on sustainable growth was highlighted in its annual report, contributing to positive market sentiment. With developments in the airless packaging and smart packaging markets, Amcor remains a key player poised for future growth.


A look at Amcor plc Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.4

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

Amcor PLC, a packaging company known for its wide range of packaging solutions for various sectors, has received a mixed outlook based on Smartkarma Smart Scores. While the company scored high in Dividend and Growth categories, indicating strong potential for returns and expansion, it scored lower in Value and Resilience. This suggests that while Amcor may offer attractive dividends and growth opportunities, investors should be cautious about the company’s valuation and ability to withstand market challenges.

Despite some concerns, Amcor’s Momentum score of 4 indicates positive market sentiment and potential for upward movement. With its established presence in the food, beverage, pharmaceutical, and medical sectors, Amcor continues to serve customers worldwide. Investors may want to keep an eye on how the company navigates its challenges and capitalizes on its strengths to drive long-term success.


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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Albemarle Corporation’s Stock Price Soars to $84.22, Marking a Positive 1.74% Shift

By | Market Movers

Albemarle Corporation (ALB)

84.22 USD +1.44 (+1.74%) Volume: 3.42M

Albemarle Corporation’s stock price stands at 84.22 USD, witnessing a positive surge of +1.74% this trading session with a robust trading volume of 3.42M, despite a year-to-date percentage change of -41.71%, indicating a dynamic performance in the stock market.


Latest developments on Albemarle Corporation

Albemarle Corp‘s stock price is experiencing movements today as Miracle Mile Advisors LLC recently acquired a new position in the company. This comes amidst a rapidly growing lithium chemicals market, with Albemarle being a key player in the industry. Investors are closely watching these developments as they anticipate the potential impact on Albemarle Corp‘s stock performance in the near future.


Albemarle Corporation on Smartkarma

Analysts at Baptista Research on Smartkarma have provided bullish coverage on Albemarle Corp, highlighting key factors that drive their ‘Buy’ rating. In their research reports, they discuss the company’s Q2 2024 earnings, which showed a decrease in net sales to $1.4 billion and a significant loss of $188 million. Despite operational challenges, the analysts remain optimistic about Albemarle’s potential for growth.

Furthermore, Baptista Research‘s analysis of Albemarle Corporation’s performance in 2023 and 2024 reveals a mix of expansion and margin recovery. The company’s ability to navigate market dynamics, deliver cost savings, and achieve volumetric growth in key segments like energy storage has impressed the analysts. With a focus on aligning costs and driving profitability, Albemarle Corp continues to be a compelling investment opportunity according to the research provided on Smartkarma.


A look at Albemarle Corporation Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth2
Resilience4
Momentum3
OVERALL SMART SCORE3.4

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

Albemarle Corp has received strong scores in Value and Dividend, indicating a positive long-term outlook for investors looking for stable returns. With a high Resilience score, the company is well-positioned to weather market fluctuations and economic challenges. However, the lower Growth score suggests that Albemarle may face challenges in expanding its business and increasing profitability in the future. The moderate Momentum score indicates that while the company is not currently experiencing rapid growth, it is still showing steady progress in the market.

Albemarle Corporation, a producer of specialty and fine chemicals, focuses on additives and intermediates for a variety of industries. With a majority of its products manufactured in the United States, the company has a strong foundation in the market. Its solid scores in Value, Dividend, and Resilience reflect its stability and attractiveness to investors seeking reliable returns. Although the lower Growth score may present some obstacles for future expansion, Albemarle’s overall outlook remains positive due to its strong performance in key areas.


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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DexCom, Inc.’s Stock Price Takes a Tumble, Falling 6.23% to $72.85: A Deep Dive into DXCM’s Market Performance

By | Market Movers

DexCom, Inc. (DXCM)

72.85 USD -4.84 (-6.23%) Volume: 7.7M

DexCom, Inc.’s stock price sees a downturn, trading at 72.85 USD with a -6.23% change this session, driven by a substantial trading volume of 7.7M. The stock’s performance continues to struggle YTD, falling by -41.29%, reflecting a challenging market for DXCM.


Latest developments on DexCom, Inc.

Today, DexCom Inc. (NASDAQ:DXCM) saw a boost in its stock price as Raymond James Financial Services Advisors Inc. acquired a large number of shares, while Gradient Investments LLC and Vaughan Nelson Investment Management L.P. also increased their positions in the company. Despite being the target of unusually large options trading, Dexcom Inc‘s stock outperformed its competitors on a strong trading day. However, Wealth Enhancement Advisory Services LLC decreased its position in the company. With insiders becoming more active recently and investors buying large volumes of call options, DXCM (Dexcom Inc) may see further gains in the near future.


DexCom, Inc. on Smartkarma

Analysts at Baptista Research have provided bullish coverage on Dexcom Inc, a company known for its continuous glucose monitoring systems. In their research report titled “DexCom Inc.: A Tale Of Product Innovation and Pipeline Development! – Major Drivers,” they discussed the company’s recent second quarter earnings and highlighted both achievements and challenges. Despite short-term hurdles impacting performance, Dexcom has shown growth in the diabetes management market. Baptista Research aims to evaluate various factors influencing the company’s stock price and has conducted an independent valuation using a Discounted Cash Flow methodology.

In another report by Baptista Research titled “DexCom Inc.: Why Are We Bullish On This Med-Tech Player Despite The Highly Evident Challenges Ahead? – Major Drivers,” analysts express optimism about Dexcom’s future. The company’s strong performance in the first quarter of 2024, with a 25% organic revenue growth compared to the previous year, has contributed to this positive outlook. The demand for Dexcom’s CGM technology, especially after the launch of G7 in the U.S., has attracted new prescribers and increased its impact within primary care. This shift towards Dexcom’s innovative technology has led to growing demand from individuals with diabetes, reinforcing Baptista Research‘s bullish stance on the company.


A look at DexCom, Inc. Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth3
Resilience3
Momentum2
OVERALL SMART SCORE2.2

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, Dexcom Inc shows a mixed outlook for the future. While the company scores well in terms of growth and resilience, with scores of 3 for both factors, it falls short in value, dividend, and momentum, with scores ranging from 1 to 2. This suggests that Dexcom Inc may continue to see steady growth and demonstrate resilience in the face of challenges, but investors should be cautious of the company’s value and dividend potential.

Dexcom Inc is a medical device company that focuses on developing continuous glucose monitoring systems for individuals with diabetes. With a strong emphasis on innovation and technology, the company has created an implantable device that monitors glucose levels under the skin, providing crucial data for diabetes management. While the company’s Smart Scores indicate areas of strength and weakness, Dexcom Inc‘s dedication to improving the lives of those with diabetes positions it well for long-term success in the medical device 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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7-Eleven Buyout Would Validate Japan’s Superb Convenience Stores

By | Press Coverage

Excerpt: The buyout offer has β€œhighlighted Seven & i’s significant undervaluation versus global peers,” said Mark Chadwick, an analyst who publishes on Smartkarma.

Reed Stevenson, Supriya Singh β€’ (Opens in a new window) ⧉

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PayPal Holdings, Inc.’s Stock Price Soars to $71.89, Notching a Robust 3.54% Gain: A Profitable Investment Opportunity?

By | Market Movers

PayPal Holdings, Inc. (PYPL)

71.89 USD +2.46 (+3.54%) Volume: 23.13M

PayPal Holdings, Inc.’s stock price is showing a promising performance, currently trading at 71.89 USD, with a significant trading session increase of +3.54%. With a robust trading volume of 23.13M, PayPal continues to impress investors, boasting a year-to-date percentage increase of +17.07%, further solidifying its position in the market.


Latest developments on PayPal Holdings, Inc.

PayPal Holdings, Inc. (PYPL) stock is on the rise today, hitting a 52-week high of $70.69. This surge comes after the company announced an expansion of its strategic partnership with Adyen to offer Fastlane checkout in the U.S. This collaboration marks the first time competitors PayPal and Adyen have publicly worked together, enhancing the checkout experience for users. Analysts are bullish on PayPal’s future, with Mizuho reiterating a positive rating and investors like Nisa Investment Advisors LLC and Neo Ivy Capital Management acquiring shares. With PayPal and Adyen doubling down on U.S. expansion and positive analyst insights, it’s no wonder why PayPal stock is considered a smart investment choice at the moment.


PayPal Holdings, Inc. on Smartkarma

Analysts at Baptista Research have provided bullish coverage on Paypal Holdings on Smartkarma, highlighting the company’s focus on profitable growth and efficiency. In their research report titled “PayPal Holdings Inc.: Focus on Profitable Growth and Efficiency Driving Our Optimism! – Major Drivers,” they praised the company’s performance in the second quarter of 2024, noting growth in total payment volume, revenue, and transaction margin dollars. This positive outlook reflects ongoing strategic transformation efforts at Paypal Holdings.

Furthermore, Baptista Research‘s analysis in another report titled “PayPal Holdings: Continued Focus On Its Omnichannel Strategy Increasing Innovation & Adoption! – Major Drivers” underscores the solid start for the year with substantial improvements across various sectors of the business. The company’s leadership is seen as operating cohesively, implementing new strategies that are making a difference. With a focus on large enterprises, small businesses, and consumers, including Venmo, Paypal Holdings continues to show steady progress in their omnichannel strategy and innovation adoption.


A look at PayPal Holdings, Inc. Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth3
Resilience3
Momentum5
OVERALL SMART SCORE3.0

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

Paypal Holdings has received a mixed bag of scores on the Smartkarma Smart Scores, with strong momentum but lower scores in value and dividend. While the company shows promising growth and resilience, investors may want to consider these factors when looking at the long-term outlook for Paypal Holdings.

Despite some areas of concern, Paypal Holdings remains a leader in digital and mobile payments, serving customers globally. With a strong momentum score, the company continues to show potential for growth and resilience in the ever-evolving technology platform industry. Investors should keep an eye on how Paypal Holdings navigates these different factors to determine its future success.


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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Palo Alto Networks, Inc.’s Stock Price Soars to $368.01, Marking a Stellar 7.18% Increase

By | Market Movers

Palo Alto Networks, Inc. (PANW)

368.01 USD +24.65 (+7.18%) Volume: 12.83M

Palo Alto Networks, Inc.’s stock price is currently standing at 368.01 USD, marking a significant trading session increase of 7.18%. With a substantial trading volume of 12.83M and a year-to-date percentage change of +24.80%, PANW’s stock performance exhibits a robust growth trend in the cybersecurity market.


Latest developments on Palo Alto Networks, Inc.

Palo Alto Networks has seen a surge in stock price today following a strong earnings beat and bullish guidance. The company’s platformization strategy has been praised by analysts, leading to a positive outlook for the cybersecurity firm. Collaborations with companies like SLB to strengthen cybersecurity in the energy sector have also contributed to the stock’s momentum. With a steady growth in security sales and a focus on cloud platform growth, Palo Alto Networks continues to attract investors. Analysts have raised price targets on the stock, citing AI gains and platformization as key drivers. The CEO’s bundling strategy and the company’s free cash flow generation have also been highlighted as positive factors driving the stock’s performance. Overall, Palo Alto Networks‘ solid Q4 results and optimistic outlook have propelled the stock to new heights.


Palo Alto Networks, Inc. on Smartkarma

Analysts on Smartkarma, like Baptista Research, are bullish on Palo Alto Networks, a cybersecurity company. In their research report titled “Palo Alto Networks: Will Its Investments In AI Capabilities Provide A Much Needed Competitive Edge? – Major Drivers,” they highlight the company’s strong fiscal third-quarter performance. Palo Alto Networks faces increasing cyberattack activities, particularly in software supply chain and hardware vulnerabilities. The adoption of artificial intelligence (AI) by customers has led to new security threats, prompting the development of specialized security products.

Another report by Baptista Research, “Palo Alto Networks: Is The Increased Demand For Cybersecurity Platforms Expected To Last? – Major Drivers,” focuses on the company’s Q2 2024 earnings. The analysts note Palo Alto Networks‘ successful execution of its growth strategy, with impressive revenue and billings growth. The cybersecurity giant achieved significant top-line growth, with revenues surging by 19% YoY and non-GAAP operating margins expanding by roughly 600 basis points YoY. Baptista Research evaluates various factors that could impact the company’s stock price and conducts an independent valuation using a Discounted Cash Flow (DCF) methodology.


A look at Palo Alto Networks, Inc. Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience4
Momentum5
OVERALL SMART SCORE3.4

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, Palo Alto Networks has a positive long-term outlook. With high scores in Growth and Momentum, the company is expected to experience strong expansion and performance in the future. Additionally, Palo Alto Networks scored well in Resilience, indicating its ability to withstand challenges and maintain stability. However, the company received lower scores in Value and Dividend, suggesting that investors may need to carefully consider these factors before making investment decisions.

Palo Alto Networks, Inc. is a company that specializes in providing network security solutions. Their offerings include firewalls that can identify and control applications, scan content for threats, prevent data leakage, and provide visibility into applications, users, and content. With a global customer base, Palo Alto Networks is positioned to capitalize on the increasing demand for cybersecurity solutions in today’s digital landscape.


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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US Market Movers Today – 20 August 2024

By | Market Movers

Biggest stock gainers today in S&P 500

CompanyStock PricePercentage ChangeSmartkarma SmartScore
Palo Alto Networks, Inc. (PANW)368.01 USD+7.18%3.4
Darden Restaurants, Inc. (DRI)155.15 USD+3.65%3.2
PayPal Holdings, Inc. (PYPL)71.89 USD+3.54%3.0
Eli Lilly and Company (LLY)949.97 USD+3.05%2.6
Take-Two Interactive Software, Inc. (TTWO)154.81 USD+2.86%2.2
Warner Bros. Discovery, Inc. (WBD)7.77 USD+1.83%3.0
Incyte Corporation (INCY)64.38 USD+1.77%2.6
Albemarle Corporation (ALB)84.22 USD+1.74%3.4
Edwards Lifesciences Corporation (EW)69.38 USD+1.64%2.4
Amcor plc (AMCR)10.79 USD+1.60%3.4

Biggest stock losers today in S&P 500

CompanyStock PricePercentage ChangeSmartkarma SmartScore
Insulet Corporation (PODD)182.47 USD-6.86%2.6
DexCom, Inc. (DXCM)72.85 USD-6.23%2.2
Valero Energy Corporation (VLO)141.26 USD-4.70%3.6
The Boeing Company (BA)172.10 USD-4.20%2.8
Phillips 66 (PSX)132.39 USD-4.20%3.4
Marathon Petroleum Corporation (MPC)171.61 USD-4.07%3.2
First Solar, Inc. (FSLR)220.20 USD-3.58%3.2
Bio-Techne Corporation (TECH)72.34 USD-3.53%2.4
ResMed Inc. (RMD)223.15 USD-3.52%3.2
APA Corporation (APA)28.33 USD-3.38%3.4

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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Eli Lilly and Company’s Stock Price Soars to $949.97, Witnessing an Impressive 3.05% Uptick

By | Market Movers

Eli Lilly and Company (LLY)

949.97 USD +28.16 (+3.05%) Volume: 4.94M

Eli Lilly and Company’s stock price soared to 949.97 USD, marking a significant trading session increase of +3.05%, with a robust trading volume of 4.94M. The pharmaceutical giant has impressively surged +62.97% YTD, demonstrating a strong performance in the stock market.


Latest developments on Eli Lilly and Company

Eli Lilly & Company’s stock price soared to a record high on Tuesday following the success of their weight-loss drug, tirzepatide, in reducing the risk of developing type 2 diabetes by a staggering 94% in adults with pre-diabetes and obesity or overweight. This news comes after the company announced plans to test their drug, Zepbound, in treating psoriasis, building on the momentum of their weight-loss blockbuster that has shown promising results in preventing diabetes. Analysts and investors have shown strong confidence in Eli Lilly’s future, with Jim Cramer expressing his faith in the company’s growth potential. With the recent positive study data and market performance, Eli Lilly & Company continues to be a top contender in the pharmaceutical industry, driving their stock price to new heights.


A look at Eli Lilly and Company Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE2.6

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, Eli Lilly & Company has a positive long-term outlook. With a Momentum score of 4, the company is showing strong performance trends that indicate potential future growth. Additionally, a Growth score of 3 suggests that Eli Lilly & is positioned for continued expansion in the pharmaceutical industry. While the company’s Value, Dividend, and Resilience scores are not as high, the overall outlook remains promising.

Eli Lilly & Company is a global pharmaceutical company that focuses on discovering, developing, and selling a wide range of products for both humans and animals. With a diverse product portfolio that includes neuroscience, endocrine, anti-infectives, cardiovascular agents, oncology, and animal health products, Eli Lilly & has established itself as a key player in the healthcare industry. The company’s Smartkarma Smart Scores highlight its potential for growth and resilience in the long term, positioning it well for future success.


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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Darden Restaurants, Inc.’s Stock Price Soars to $155.15, Marking a Robust 3.65% Rise

By | Market Movers

Darden Restaurants, Inc. (DRI)

155.15 USD +5.47 (+3.65%) Volume: 3.22M

Explore Darden Restaurants, Inc.’s stock price performance, currently at 155.15 USD, witnessing a positive trading session with a 3.65% rise and a trading volume of 3.22M. Despite a year-to-date decrease of 5.57%, DRI’s shares demonstrate resilience in the market.


Latest developments on Darden Restaurants, Inc.

Darden Restaurants stock saw a significant jump today following the return of Olive Garden’s popular Never-Ending Pasta Bowl deal. Analysts are closely monitoring the stock, with 27 ratings providing insights into potential buying opportunities. Recent movements in the stock include Nisa Investment Advisors selling shares, while Wealth Enhancement Advisory Services and Dakota Wealth Management acquired more shares. Hennion & Walsh Asset Management and Sumitomo Mitsui Trust Holdings Inc. also made moves in the stock. The return of the beloved pasta deal has generated excitement among investors, leading to a 3.3% increase in trading. With Olive Garden’s fan-favorite promotion making a comeback, Darden Restaurants (NYSE:DRI) is attracting attention from both analysts and investors alike.


A look at Darden Restaurants, Inc. Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth4
Resilience2
Momentum3
OVERALL SMART SCORE3.2

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, Darden Restaurants has a mixed long-term outlook. While the company scores high in Dividend and Growth, indicating strong potential for returns and expansion, it falls short in Value and Resilience. This suggests that investors may need to carefully consider the company’s financial health and stability before making investment decisions.

Darden Restaurants, Inc. is a company that owns and operates full-service restaurants, specializing in seafood and Italian cuisine. With a presence across North America, the company operates under various brand names. Despite its high scores in Dividend and Growth, investors should be aware of the company’s lower scores in Value and Resilience when evaluating its long-term prospects.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

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