The athletic apparel space has been a challenge for investors, but Morgan Stanley analyst Lauren Cassel says opportunities are opening for long-term investors. She prefers investing in brands rather than retailers and says Nike Inc (NYSE: NKE) is her top stock pick.
T-Mobile US Inc (Nasdaq: TMUS) stock gained 1 percent in after-hours trading after the company reported a second-quarter earnings beat and exceeded expectations for wireless subscriber growth on Wednesday. Despite the solid quarter, analysts say uncertainty surrounding T-Mobile’s proposed buyout of Sprint Corp. (S) will continue to limit TMUS stock upside.
Chinese search giant Baidu Inc (Nasdaq: BIDU) reported better-than-expected second-quarter revenue on Tuesday, driven by growth in its online advertising business. However, the stock traded lower by more than 5 percent Wednesday on concerns about rising costs.
Pandora Media Inc (NYSE: P) stock jumped more than 20 percent on Wednesday after the company beat Wall Street revenue expectations handily for the second consecutive quarter. However, while investors cheer Pandora’s growth, analysts say the company’s path to profitability will be difficult.
Comcast Corporation (Nasdaq: CMCSA) waited less than 24 hours to outbid Twenty-First Century Fox (FOXA) for British media giant Sky. Analysts are now watching to see if Comcast will take a similarly aggressive approach and once again outbid Walt Disney Co. (DIS) for Fox.
Delta Air Lines, Inc. (NYSE: DAL) stock gained some altitude on Thursday after the company reported better-than-expected second-quarter earnings and revenue numbers but cut its full-year guidance due to higher fuel costs.
Alphabet Inc (Nasdaq: GOOG, GOOGL) investors have kept a close eye on the global regulatory climate and its potential impact on Google’s advertising business. But analysts now say more regulation on data collection and usage will actually serve to help Google defend its dominant market share against smaller competitors.
Netflix, Inc. (Nasdaq: NFLX) investors are asking themselves two familiar questions in 2018: Can anybody stop Netflix, and how much higher can NFLX stock climb? Heading into Netflix’s second-quarter earnings report, analysts say there’s still plenty of gas left in Netflix’s tank.
The contest between Comcast Corporation (NYSE: CMCSA), Walt Disney Co. (DIS) and Twenty-First Century Fox (FOXA) took another dramatic turn on Wednesday when Fox announced it has outbid Comcast for British media giant Sky. Comcast was hoping to land both Sky and Fox, but analysts say it might not be too bad for Comcast to end up empty-handed.
Tesla Inc (Nasdaq: TSLA) management and Wall Street bears continue to butt heads about Tesla’s ability to hit its production and financial targets. This week, Bank of America analyst and Tesla bear John Murphy hosted an investor meeting with Tesla management and remains convinced that things aren’t as rosy at Tesla as the market seems to think.