Weather Drives Home Depot Earnings Beat
Home Depot Inc (NYSE: HD) reported another impressive quarter on Tuesday, beating earnings and revenue expectations and raising its full-year guidance.
Disney’s Potential $20 Billion Payday
Now that the Walt Disney Co (ticker: DIS) buyout of Twenty-First Century Fox (FOX, FOXA) is nearing completion, attention has shifted to which company could buy Fox’s 22 regional sports networks. Experts say Disney could land roughly $20 billion for Fox’s sports assets, and the cash infusion will be much-needed as DIS invests heavily in its new streaming service.
Trump Targets Harley-Davidson Again
President Donald Trump once again lashed out at Harley-Davidson Inc (NYSE: HOG) over the weekend, taking to Twitter to encourage a boycott of the company’s motorcycles if it follows through with its plan to move manufacturing overseas.
Tariffs on Turkey Help U.S. Steel Stock
U.S. President Donald Trump lashed out at Turkey on Friday, doubling import tariffs on steel and aluminum in protest of the detention of American pastor Andrew Brunson. Trump’s decision tanked the Turkish lira and disrupted equity markets around the world, but analysts say it’s more good news for United States Steel Corporation (NYSE: X) stock.
Domino’s Eating Papa John’s Lunch
Papa John’s (ticker: PZZA) stock has taken a beating in 2018 amid slumping sales and management drama related to the resignation of former CEO John Schnatter. But while Papa John’s struggles to right the ship, analysts say Domino’s Pizza, Inc. (DPZ) is well-positioned to siphon off more of Papa John’s business.
Wall Street Is Warming Up to AMD Stock
Analysts say Advanced Micro Devices, Inc. (Nasdaq: AMD) is well-positioned to take market share away from data center and PC processor market leader Intel Corporation (INTC), now that Intel delayed the launch of its 10 nanometer processors until 2019.
Yelp Stock Can Go Even Higher
Yelp Inc (NYSE: YELP) stock exploded higher by more than 26 percent on Thursday following a major earnings beat and positive commentary from the company. But even after the big gains, analysts say YELP stock could still have room to run in the long term.
Rite Aid Is Running Out of Options
Analysts are largely skeptical of the prospects of a stand-alone Rite Aid Corporation (NYSE: RAD) now that the company and Albertsons announced they mutually backed out of their proposed merger agreement.
Booking Stock Battered On Guidance Miss
Booking Holdings Inc (Nasdaq: BKNG) stock took a nosedive on Thursday morning, dropping more than 5 percent after the company’s guidance disappointed Wall Street. Despite the short-term hiccup, analysts remain optimistic about Booking’s long-term outlook given its dominant position in the high-growth online travel market.
Southwest Rises on Buffett Buyout Talk
Berkshire Hathaway, Inc. (BRK.A, BRK.B) has more than $100 billion in cash cash on its balance sheet at the moment, and Morgan Stanley analyst Kai Pan says Berkshire CEO Warren Buffett may be eyeing a buyout of Southwest Airlines Co (NYSE: LUV).