Loop Capital analyst Andrew Wolf recently took an in-depth look atdrug store stocks Walgreens Boots Alliance Inc WBA 0.6%, CVS Health Corp CVS 0.64% and Fred’s, Inc. FRED 8.98% and found there is just one stock worth buying in the group.
Ulta Beauty Inc ULTA 0.33% reported a second-quarter earningsbeat Thursday, but the market was skeptical, sending the stock down more than 10 percent in early Friday trading. According to BMO Capital Management analyst Shannon Coyne, investors have six reasons to be concerned about Ulta:
RBC Capital Markets is the latest Wall Street firm to take a shot in the dark at the oil market, which has somehow managed to consistently perplex both bulls and bears in the past couple of years. On Friday, analyst Kurt Hallead upgraded the battered offshore oil group, stocks that have been among the hardest hit by the oil…
The odds for the highly-anticipated boxing match between undefeated former boxing champion Floyd Mayweather and UFC Lightweight Champion Conor McGregor are now tighter than ever, as gamblers appear to be giving McGregor more than just a puncher’s chance of knocking out the shifty Mayweather on Saturday night in Las Vegas.
On Thursday, Amazon.com, Inc. AMZN 0.55% announced that it will officially complete its merger with Whole Foods Market, Inc.NASDAQWFM on Aug. 28. The e-commerce giant also revealed details of how the two companies will team up in the grocery space. Jefferies analyst Christopher Mandeville said there were no major surprises in the plan.
Predicting the market impact of a storm like Tropical Storm Harvey can be as difficult as predicting the trajectory and wind speeds of the storm itself. However, there are plenty of investors looking to trade the storm, which meteorologists expect will strengthen to hurricane status before making landfall in Louisiana and Texas sometime over the weekend or…
HP Inc HPQ 0.05% is getting a lot of love from investors on Thursday, with the stock jumping more than 35 percent following the company’s Q3 earnings report. Wall Street also seems to be aboard the HP train, with both Deutsche Bank and Loop Capital releasing bullish new reports this week.
FIS Astec Analytics has released its latest weekly list of the most popular stocks among short sellers.
Recent artificial intelligence IPO Veritone Inc VERI 5.36% got off to a hot start to the week Monday when shares jumped a whopping 49.3 percent after the stock was the centerpiece of an article by Barron’sover the weekend. Barron’s tech trader Tiernan Ray provided an in-depth discussion of Veritone’s strategy to take on much larger AI competitors, including Amazon.com, Inc. AMZN…
Automatic Data Processing ADP 0.01% is a wildcard for investors after activist hedge fund manager Bill Ackman made the company his latest target. Ackman’s Pershing Square Capital took an 8-percent ownership stake in ADP, and Ackman immediately nominated three directors to join the company’s board.