After an incredible run in recent years, Nvidia Corporation (Nasdaq: NVDA) stock is up another 32 percent in 2018. The latest data from Bank of America suggests hedge funds aren’t buying Nvidia, but analyst Vivek Arya says that trend is good news for Nividia investors.
Square Inc (NYSE: SQ) is up another 5.5 percent since reporting a second-quarter earnings beat last week, and it now up an incredible 103.9 percent year-to-date. However, even after such a big rally, The Buckingham Research Group analyst Chris Brendler says it’s not too late for long-term investors to feel good about buying SQ stock.
Intel Corporation (Nasdaq: INTC) is losing PC and server microprocessor market share to smaller competitors such as Advanced Micro Devices (AMD), and Wall Street is taking notice. On Monday, Barclays downgraded INTC stock from “overweight” to “equal-weight” and said investors shouldn’t expect meaningful improvement from Intel until at least 2019.
Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) stock gained 2 percent on Monday morning after the company reported yet another solid quarter of growth on Saturday. Analysts say Berkshire has consistently generated exceptional revenue growth and profit margins, and Berkshire may soon be even more aggressive with its cash.
Even in a climate of deregulation, economic growth and rising interest rates, big banks have struggled in 2018 thanks to a flattening yield curve. Citigroup Inc (NYSE: C) has lagged even many of its banking peers year-to-date, but Bank of America analyst Erika Najarian says long-term expectations for Citi are way too low at this point.
Toyota Motor Corp (NYSE: TM) reported a record fiscal first quarter on Friday morning, but shares of TM stock traded flat because of investor concerns about the ongoing international trade war. Analysts say Toyota’s full-year guidance is telling, and upside for TM stock is likely limited for now.
CBS Corporation (NYSE: CBS) traded lower on Friday morning, a day after the company reported modest second-quarter earnings and revenue beats.
Tesla Inc (Nasdaq: TSLA) stock gained 16.1 percent on Thursday after a mixed second-quarter earnings report Wednesday afternoon. Tesla’s huge move cost short sellers a lot of money, but some Wall Street analysts say Tesla short sellers will still come out on top in the long term.
Molson Coors Brewing Co (NYSE: TAP) is developing a new adult beverage, and beer drinkers may soon have a way to avoid those alcohol-induced hangovers. This week, Molson Coors announced a new joint venture with Canadian marijuana producer Hydropothecary to develop a non-alcoholic, cannabis-infused beer.
Square Inc (NYSE: SQ) stock rose 8 percent Thursday, a day after the company reported second-quarter earnings and revenue beats. Square’s impressive growth numbers won over the market, but analysts are questioning whether or not margin concerns will eventually catch up to SQ stock.