Category

Market Movers

Charter Communications, Inc.’s Stock Price Soars to $339.03, Marking a Robust 3.55% Increase

By | Market Movers

Charter Communications, Inc. (CHTR)

339.03 USD +11.61 (+3.55%) Volume: 1.07M

Charter Communications, Inc.’s stock price shows a promising gain of +3.55% this trading session, currently standing at 339.03 USD with a trading volume of 1.07M. Despite a year-to-date percentage change of -12.77%, CHTR’s stock performance remains a key point of interest for investors.


Latest developments on Charter Communications, Inc.

Charter Communications (NASDAQ:CHTR) saw a rise in its stock price today after Citi upgraded its rating to ‘neutral’. This follows the early renewal agreement between Warner Bros. Discovery and Charter, which added Max and Discovery+ to Charter’s video bundle. The deal, which further reimagines the future of video, includes free streaming services for subscribers. This landmark deal has also led to a surge in Warner Bros. Discovery stock. Charter’s CEO has been vocal about the value of including streaming services in carriage deals, and with the addition of Max, HBO, and Discovery+, Charter is set to enhance its offerings and attract more customers.


Charter Communications, Inc. on Smartkarma

Analysts on Smartkarma have varying views on Charter Communications. Value Investors Club recommends going long on Charter stock, citing a potential 50% upside with a target price of $431. Despite weak 4Q23 results, the company’s low valuation is seen as an opportunity for growth as it completes a network upgrade and expands its footprint. On the other hand, Value Investors Club‘s bearish report highlights Charter’s narrowing competitive advantage in the cable industry due to new rivals like fiber overbuilders and fixed wireless providers. The company’s aggressive capital allocation approach is raising doubts about its investment potential and future outlook.


A look at Charter Communications, Inc. Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE2.8

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

Charter Communications, Inc. has a mixed outlook based on the Smartkarma Smart Scores. While the company scores well in terms of growth and momentum, with scores of 4 for both factors, it lags behind in value and resilience, scoring 3 and 2 respectively. The company’s dividend score is the lowest at 1. Overall, Charter Communications seems to have promising growth potential and strong momentum in the market.

As a cable telecommunications company, Charter Communications, Inc. provides a range of services including cable broadcasting, internet, voice, and mass media services to customers in the United States. Despite facing some challenges in terms of value and resilience, the company’s strong growth and momentum scores indicate a positive long-term outlook. Investors may want to keep an eye on Charter Communications for potential opportunities in the future.


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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Arista Networks, Inc.’s Stock Price Soars to $355.36, Marking a Stellar 3.62% Increase

By | Market Movers

Arista Networks, Inc. (ANET)

355.36 USD +12.43 (+3.62%) Volume: 1.76M

Arista Networks, Inc.’s stock price is currently standing at 355.36 USD, reflecting an impressive trading session increase of +3.62%. With a robust trading volume of 1.76M, ANET’s year-to-date performance has soared by +50.89%, marking a significant upward trend in the market.


Latest developments on Arista Networks, Inc.

Recently, Arista Networks (NYSE:ANET) has been making headlines in the stock market. Billionaire Stanley Druckenmiller’s decision to dump Arista Networks in favor of other AI stocks has caused a stir. Despite this, the company has outperformed the broader market, with its options market dynamics and composite rating improving to 96. Analysts at Evercore predict that Arista Networks will be the likely winner for Meta’s mega cluster, leading to a boost in stock price. With solid AI and cloud expansion, Arista Networks is poised for growth, attracting investments from companies like Choreo LLC and Daiwa Securities Group Inc. Despite insider selling and changes in positions from investors like Prudential PLC, Arista Networks continues to trade up 1% and receive an average recommendation of “Moderate Buy” from brokerages.


Arista Networks, Inc. on Smartkarma

Independent analysts at Baptista Research on Smartkarma have published bullish research reports on Arista Networks, highlighting the company’s strong performance in the fiscal second quarter of 2024. The reports emphasize Arista Networks‘ positive momentum in AI and cloud networking solutions, with a revenue of $1.69 billion, surpassing expectations and showing a 15.9% increase year-over-year. Services and software support renewals played a significant role in contributing approximately 17.6% of the total revenue.

Furthermore, Baptista Research‘s analysis on Smartkarma indicates that Arista Networks is well-positioned to capitalize on the growing opportunities in artificial intelligence (AI) and cloud computing. In the first quarter of 2024, the company reported revenue of $1.57 billion, reflecting a 16.3% year-over-year growth. Services and software support renewals accounted for a substantial 16.9% of this revenue, highlighting the company’s strong performance and potential in the AI networking sector.


A look at Arista Networks, Inc. Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience5
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, Arista Networks has a positive long-term outlook. With high scores in Growth and Resilience, the company is positioned well for future expansion and is considered to be able to withstand economic challenges. This indicates that Arista Networks is expected to experience strong growth and continue to perform well in the market.

Although Arista Networks scored lower in Value and Dividend, the high scores in Growth and Resilience outweigh these factors. The company’s momentum score is also moderate, suggesting that it is steadily moving forward. Overall, Arista Networks is seen as a strong player in the cloud networking solutions industry, with a promising future ahead.


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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Moderna, Inc.’s Stock Price Plummets to $69.68, Witnessing a Sharp 12.36% Dip

By | Market Movers

Moderna, Inc. (MRNA)

69.68 USD -9.83 (-12.36%) Volume: 23.97M

Moderna, Inc.’s stock price stands at 69.68 USD, reflecting a significant trading session drop of -12.36% with a high trading volume of 23.97M. With a year-to-date percentage change of -29.93%, MRNA’s stock performance has been underwhelming, making it a focal point for investors tracking biotech sector trends.


Latest developments on Moderna, Inc.

Moderna stock took a sharp plunge today after the company announced significant cuts to its research and development budget, along with lower sales forecasts for the near future. The firm plans to slash $1.1 billion in R&D costs, leading to a nearly 20% drop in stock value. Despite the cost-cutting measures, Moderna emphasized the importance of employee recognition and well-being. The stock price hit a four-year low as the company aims to streamline its pipeline and focus on commercialization efforts. Investors are closely watching as Moderna navigates these changes and looks towards future growth opportunities.


Moderna, Inc. on Smartkarma

Analysts at Baptista Research have been closely following Moderna Inc.’s performance and recent developments. In a report titled “Moderna Inc.: These Are The 4 Biggest Challenges That Bears Are Counting On! – Major Drivers,” the analysts lean towards a bullish sentiment. They highlighted Moderna’s positive quarterly earnings, advancements in the respiratory vaccine portfolio, and the significant impact of mRNA-1273, the COVID-19 vaccine, in combating the virus.

Furthermore, Baptista Research‘s report “Moderna Inc.: Progress in Personalized Cancer Vaccine (PCV) Manufacturing & Other Major Developments” showcases the company’s positive momentum in the first quarter of 2024. The analysts remain bullish on Moderna’s business outlook, especially with the ongoing Phase III studies of its COVID vaccines. The report emphasizes Moderna’s clinical progress in various areas such as Epstein-Barr virus (EBV), Varicella Zoster Virus (VZV), and Norovirus, indicating a promising future for the company.


A look at Moderna, Inc. Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth2
Resilience4
Momentum2
OVERALL SMART SCORE2.4

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

Moderna, Inc. operates as a biotechnology company that focuses on developing messenger RNA therapeutics and vaccines. According to Smartkarma Smart Scores, Moderna scores a 3 for value, indicating a moderate outlook in terms of its value as a company. While the company does not offer dividends (score of 1), it shows resilience with a score of 4, suggesting a strong ability to withstand market fluctuations. In terms of growth and momentum, Moderna scores a 2, reflecting a moderate outlook for future growth and stock performance.

Overall, Moderna’s long-term outlook seems positive, with a strong emphasis on resilience and potential for growth. While the company may not be considered undervalued based on its value score, its focus on developing mRNA medicines for various diseases positions it well for future success in the biotechnology 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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Wells Fargo & Company’s Stock Price Declines to $51.57, Down by 4.02% in Latest Market Shift

By | Market Movers

Wells Fargo & Company (WFC)

51.57 USD -2.16 (-4.02%) Volume: 42.58M

Wells Fargo & Company’s stock price stands at 51.57 USD, experiencing a trading session downturn of -4.02%, amidst a trading volume of 42.58M. Despite this, WFC’s stock continues to show resilience with a year-to-date increase of +4.77%.


Latest developments on Wells Fargo & Company

Wells Fargo & Co‘s stock price took a hit today after the US Office of the Comptroller of the Currency (OCC) identified “deficiencies” in the bank’s anti-money laundering controls, leading to fresh enforcement action by federal regulators. This comes after Wells Fargo reached an agreement with the OCC to take comprehensive corrective actions on anti-money laundering practices. The bank also faced challenges with payment partners like Stripe and Goldman Sachs, while CFO mentioned a shift in advisor retention. Despite this, Wells Fargo continues to make strategic moves such as appointing Andrew Barnes to lead the Military and Veteran Segment in the commercial banking team. Overall, investors are closely monitoring Wells Fargo’s response to regulatory concerns and its efforts to enhance financial crime risk management practices.


A look at Wells Fargo & Company Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth4
Resilience2
Momentum2
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

Wells Fargo & Co has received a mixed outlook based on the Smartkarma Smart Scores. While the company scored high in terms of value and growth potential, it received lower scores in resilience and momentum. This suggests that Wells Fargo & Co may have strong investment potential and solid fundamentals, but investors should be cautious of potential risks and fluctuations in the market.

Overall, Wells Fargo & Co is a diversified financial services company with a strong presence in various sectors such as banking, insurance, investments, and mortgage. The company’s high scores in value and growth indicate promising opportunities for investors looking for long-term returns. However, the lower scores in resilience and momentum suggest that there may be challenges and uncertainties ahead that could impact the company’s performance in the future.


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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eBay Inc.’s Stock Price Soars to $63.18, Boasting a Robust 4.03% Increase

By | Market Movers

eBay Inc. (EBAY)

63.18 USD +2.45 (+4.03%) Volume: 8.94M

Explore eBay Inc.’s stock price performance, currently at $63.18, soaring by a significant +4.03% this trading session with a notable trading volume of 8.94M. EBAY’s robust year-to-date performance showcases an impressive +44.84% increase, making it a compelling choice for investors.


Latest developments on eBay Inc.

EBay Inc. stock experienced a series of fluctuations today, with CEO Jamie Iannone selling 11,250 shares, causing a slight decrease in direct ownership. Despite this insider sale, the stock rose to a 52-week high of $60.01, demonstrating strong growth. However, eBay still underperformed the market, prompting questions about its Return on Equity (ROE). Additionally, the company’s efforts to identify sources behind harassment of newsletter publishers by employees have garnered attention. In Japan, side hustles on eBay have gained popularity amidst inflation concerns. National Bank of Canada FI also increased its stake in eBay, indicating continued investor interest in the company’s performance.


eBay Inc. on Smartkarma

Analysts on Smartkarma are bullish on Ebay Inc, with research reports from Baptista Research highlighting the company’s strategic trajectory towards sustainable long-term growth. In the second quarter of 2024, Ebay reported a 2% increase in revenue to $2.57 billion and a 1% growth in Gross Merchandise Volume (GMV) to $18.4 billion. The Non-GAAP operating margin also improved to 27.9%, showcasing disciplined cost control and enhanced operational efficiency.

Another report from Baptista Research focuses on the pivotal factors influencing Ebay’s performance in 2024 and beyond. Despite global economic challenges, Ebay showcased robust performance in Q1 2024 with GMV close to flat at $18.6 billion and revenue growth exceeding 2% at $2.56 billion. The Non-GAAP operating margin stood at 30.3%, and non-GAAP earnings per share rose 13% to $1.25, demonstrating the company’s strong operational resilience.


A look at eBay Inc. Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
Resilience3
Momentum4
OVERALL SMART SCORE3.6

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 Smartkarma Smart Scores, Ebay Inc has a positive long-term outlook. With a high score in Growth and Momentum, the company is positioned for future success in the online trading community. This indicates that Ebay is expected to see significant growth and maintain strong momentum in the market.

While Ebay Inc scores lower in Value, Dividend, and Resilience, the high scores in Growth and Momentum outweigh these factors. The company’s focus on expanding its offerings and maintaining a strong market presence bodes well for its long-term performance. Overall, Ebay Inc is poised to continue thriving in the online trading space.


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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Axon Enterprise, Inc.’s stock price skyrockets to $384.51, marking a substantial 6.30% increase

By | Market Movers

Axon Enterprise, Inc. (AXON)

384.51 USD +22.80 (+6.30%) Volume: 0.95M

Axon Enterprise, Inc.’s stock price soared to $384.51, marking a significant increase of +6.30% in the latest trading session, with a robust trading volume of 0.95M. The company’s stock performance continues to impress, boasting a remarkable +48.84% year-to-date growth, reflecting its solid market position and investor confidence.


Latest developments on Axon Enterprise, Inc.

Axon Enterprise’s stock price surged by 5% today following a series of positive developments. Baird and JMP Securities raised their price targets for the company to $430 and $400 respectively, citing strong growth potential. Additionally, Andra AP fonden and Prudential PLC increased their stock positions in Axon Enterprise, while Ground Swell Capital LLC raised its stock holdings. Despite president Joshua Isner selling over $9 million in company stock, investors remain bullish on Axon’s future prospects. The options market dynamics also point towards a positive outlook for the public safety holding, making it a stock well worth watching.


Axon Enterprise, Inc. on Smartkarma

Analysts on Smartkarma, such as Business Breakdowns, have published research on Axon Enterprise. In a report titled “Axon: Stunning The Competition – [Business Breakdowns, EP.175]”, the analysts lean bullish on the company. Axon, known for pioneering the taser, has expanded into body cams and other tools for law enforcement. The company offers a public safety technology ecosystem that includes TASERs, body-worn cameras, and evidence software. The report highlights how Axon’s solutions aim to address the issue of gun-related deaths among officers and suspects by providing a non-lethal alternative to firearms.


A look at Axon Enterprise, 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, Axon Enterprise has a positive long-term outlook. With a high score in Growth and Momentum, the company is showing strong potential for future expansion and performance. Additionally, Axon Enterprise scores well in Resilience, indicating its ability to withstand challenges and maintain stability in the market.

While Axon Enterprise may not score as high in Value and Dividend factors, its overall outlook remains promising. As a public safety technology company with a global customer base, Axon Enterprise is well-positioned to continue providing innovative solutions for law enforcement, military, and self-defense purposes.


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 Kroger Co.’s Stock Price Soars to $55.20, Marking a Stellar 7.18% Increase: A Promising Investment Opportunity?

By | Market Movers

The Kroger Co. (KR)

55.20 USD +3.70 (+7.18%) Volume: 9.85M

The Kroger Co.’s stock price soars to 55.20 USD, marking a significant daily increase of +7.18% in this trading session, with a robust trading volume of 9.85M. The supermarket giant continues to impress investors as it boasts a substantial year-to-date (YTD) percentage change of +20.76%, highlighting its strong market performance and potential for further growth.


Latest developments on The Kroger Co.

Kroger Co. has been making waves in the stock market recently with a series of key events leading up to today’s stock price movements. The company announced an extension of exchange offers and consent solicitations for Albertsons Companies, Inc. Notes, as well as raised its sales outlook on resilient grocery spending. Kroger also invested $1 billion in antitrust defense and reported topping Q2 identical sales and earnings estimates, leading to an increase in its full-year sales forecast. With positive customer trends and digital sales driving growth, Kroger’s stock has been on the rise, beating earnings expectations and receiving a PT raise to $54. Despite a miss in EPS estimates, the company’s profit beat offset a sales miss, keeping investors optimistic about its performance.


The Kroger Co. on Smartkarma

Analysts at Baptista Research on Smartkarma have published a bullish report on Kroger Co, highlighting the company’s strong performance in 2023. The report, titled “The Kroger Co: Expansion of the Digital & E-commerce Platform & 5 Growth Catalysts! – Key Drivers,” points out improvements across various business areas and adjusted net earnings per diluted share growth in line with the firm’s long-term growth model. Despite these positive aspects, Kroger Co faced challenges such as the reduction of Supplement Nutrition Assistance Program (SNAP) benefits and the loss of pharmacy sales after terminating an agreement with Express Scripts.


A look at The Kroger Co. Smart Scores

FactorScoreMagnitude
Value3
Dividend4
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

Looking ahead, Kroger Co‘s long-term outlook appears promising based on the Smartkarma Smart Scores. With strong scores in Dividend, Growth, and Momentum, the company is positioned well for future success. Kroger Co‘s focus on providing value to its customers and investors, along with its ability to adapt to changing market conditions, bodes well for its continued growth and resilience in the industry.

Despite facing some challenges in resilience, Kroger Co‘s overall outlook remains positive. The company’s commitment to delivering consistent dividends to shareholders, coupled with its strong growth potential and positive momentum, indicates a solid foundation for future performance. As a leading operator of supermarkets and convenience stores in the United States, Kroger Co‘s integrated approach to manufacturing and processing foods further enhances its competitive edge in the 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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US Market Movers Today – 12 September 2024

By | Market Movers

Biggest stock gainers today in S&P 500

CompanyStock PricePercentage ChangeSmartkarma SmartScore
Warner Bros. Discovery, Inc. (WBD)7.66 USD+10.37%3.0
The Kroger Co. (KR)55.20 USD+7.18%3.4
Axon Enterprise, Inc. (AXON)384.51 USD+6.30%3.4
Newmont Corporation (NEM)52.88 USD+4.22%3.4
eBay Inc. (EBAY)63.18 USD+4.03%3.6
Broadcom Inc. (AVGO)164.56 USD+3.97%3.2
Arista Networks, Inc. (ANET)355.36 USD+3.62%3.2
Viatris Inc. (VTRS)11.75 USD+3.62%4.0
Charter Communications, Inc. (CHTR)339.03 USD+3.55%2.8
Builders FirstSource, Inc. (BLDR)175.72 USD+3.37%3.2

Biggest stock losers today in S&P 500

CompanyStock PricePercentage ChangeSmartkarma SmartScore
Moderna, Inc. (MRNA)69.68 USD-12.36%2.4
Enphase Energy, Inc. (ENPH)105.83 USD-4.30%2.8
Wells Fargo & Company (WFC)51.57 USD-4.02%3.0
Micron Technology, Inc. (MU)87.21 USD-3.79%2.6
Texas Instruments Incorporated (TXN)195.98 USD-3.18%3.4
Uber Technologies, Inc. (UBER)68.09 USD-2.88%3.0
Fortinet, Inc. (FTNT)74.49 USD-2.81%3.4
The Charles Schwab Corporation (SCHW)61.74 USD-2.63%2.6
Teradyne, Inc. (TER)128.19 USD-2.52%2.8
Lam Research Corporation (LRCX)747.78 USD-2.49%2.8

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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Warner Bros. Discovery, Inc.’s Stock Price Soars to $7.66, Marking a Robust 10.37% Increase

By | Market Movers

Warner Bros. Discovery, Inc. (WBD)

7.66 USD +0.72 (+10.37%) Volume: 60.76M

Warner Bros. Discovery, Inc.’s stock price soared by +10.37% this trading session to reach 7.66 USD, with a hefty trading volume of 60.76M, showcasing a strong market interest. However, the YTD performance paints a different picture, with the stock down by -32.69%, indicating a turbulent year for WBD.


Latest developments on Warner Bros. Discovery, Inc.

Warner Bros. Discovery is making waves today as its stock price surges following the early renewal of a distribution deal with Charter Communications. The deal includes popular streaming services Max and Discovery+, with Warner Bros. Discovery expecting a significant increase of over 6 million subscribers in the third quarter. CEO David Zaslav has also revealed plans for further growth, highlighting the company’s positive outlook. This news comes amidst ongoing discussions with other major media companies like Fox and Disney, positioning Warner Bros. Discovery as a key player in the evolving media landscape.


Warner Bros. Discovery, Inc. on Smartkarma

Analysts at Baptista Research have been closely following Warner Bros Discovery, providing insights into the company’s performance and growth strategies. In a report titled “Warner Bros. Discovery Inc.: A Tale Of Robust Content Pipeline & IP Monetization! – Major Drivers,” they highlighted the company’s strong performance in the direct-to-consumer segment, with significant international subscriber growth. This strategic expansion has positioned Warner Bros Discovery as a key player in the global streaming market, leveraging major events like the Olympics to drive subscriber engagement and growth.

In another report by Baptista Research, titled “Warner Bros. Discovery Inc.: A Growth Story Around Strategic Partnerships and Global Expansion! – Major Drivers,” analysts discussed the company’s efforts to adapt its operations for long-term sustainability in a rapidly evolving industry. Despite challenges, Warner Bros Discovery reported positive subscriber growth for its streaming service, Max, adding 2 million subscribers in various regions. This growth trajectory towards 100 million total Direct-to-Consumer subscribers showcases the company’s commitment to strategic partnerships and global expansion.


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, Inc. has been rated highly in terms of value, with a top score of 5. This indicates a positive long-term outlook for the company in terms of its financial health and potential for growth. Additionally, the company has shown resilience with a score of 3, suggesting that it is well-equipped to handle challenges and setbacks in the industry.

Although Warner Bros Discovery scored lower in areas such as dividend and growth, with scores of 1 and 2 respectively, the company has demonstrated strong momentum with a score of 4. This indicates that Warner Bros Discovery has been gaining traction and market interest, which could bode well for its future performance in the media and entertainment 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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Broadcom Inc.’s Stock Price Soars to $164.56, Marking a Significant 3.97% Uptick

By | Market Movers

Broadcom Inc. (AVGO)

164.56 USD +6.29 (+3.97%) Volume: 43.46M

Broadcom Inc.’s stock price is currently at 164.56 USD, witnessing a positive surge of +3.97% in this trading session, propelled by a high trading volume of 43.46M. The tech giant’s stock has shown robust performance with a year-to-date percentage increase of +47.42%, marking it as a promising investment opportunity.


Latest developments on Broadcom Inc.

Broadcom stock is trading up today as the company brushes off threats from AT&T and reaches a temporary VMware support deal. Recent unrest has seen more than half of VMware customers looking to move, potentially impacting Broadcom’s future. Despite concerns, research suggests that the AI chip growth story remains intact for Nvidia and Broadcom. Trade trackers have been buying more Broadcom stock, indicating confidence in its potential. With a falling knife worth catching and bullish sentiment from short sellers, Broadcom’s role in the new AI era is confirmed. Investors are now questioning if it’s time to buy the dip in Broadcom stock after a sluggish forecast sent shares lower, with one Wall Street analyst believing it could nearly double from here.


Broadcom Inc. on Smartkarma

Analysts on Smartkarma have been closely covering Broadcom, a leading company in the semiconductor industry. Uttkarsh Kohli‘s report highlighted Broadcom’s impressive Q3 earnings, with revenue reaching $13.07B and EPS at $1.24. Despite this, the stock dropped 7% due to weaker Q4 revenue guidance and a net loss of $1.88B. In another report, Uttkarsh Kohli discussed Broadcom’s AI-driven growth potential, citing a 43% revenue surge in Q2 and dominance in AI-specific circuits. This positive sentiment was echoed by Baptista Research, emphasizing Broadcom’s expansion in AI and networking technologies, leading to notable revenue growth.

Overall, analysts are bullish on Broadcom’s prospects, noting its strong performance and strategic advancements in the semiconductor and software segments. Baptista Research highlighted Broadcom’s consolidated net revenue of $12 billion, a 34% increase year-on-year, driven by semiconductor solutions and infrastructure software revenue. Despite a slight drop in shares post-earnings, analysts see upside potential for Broadcom, especially with its focus on AI and networking technologies driving growth in the coming quarters.


A look at Broadcom Inc. Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience2
Momentum5
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, Broadcom has a positive long-term outlook. With a high score in Momentum, the company is showing strong growth potential and is likely to continue performing well in the future. Additionally, Broadcom also scored well in Dividend, indicating that it is a reliable option for investors looking for steady income. However, the company scored lower in Value and Resilience, suggesting that there may be some areas for improvement in terms of financial health and stability.

Broadcom Inc. is a company that designs, develops, and supplies semiconductor and infrastructure software solutions. They offer a wide range of products and services to help modernize, optimize, and secure complex hybrid environments for customers worldwide. With a strong focus on innovation and growth, Broadcom is positioned to continue expanding its market presence and delivering value to shareholders in the long run.


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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