Retail store chain operator Target Corporation (NYSE: TGT) is slated to report its second-quarter results on August 17, 2022. The TipRanks website traffic tool indicates that the company will deliver muted second-quarter results. Target’s Website Traffic Data is Disappointing TipRanks’ Website Traffic Tool, which uses data from SEMrush Holdings (SEMR), the world’s biggest website usage...
In our “Expert Spotlight” piece today, with the help of the TipRanks Expert Center, we will look at two picks of five-star analyst Tore Svanberg that he is bullish on. Svanberg is a Managing Director and Senior Analyst at Stifel Nicolaus with expertise in the Semiconductor industry. He is upbeat about a number of stocks,...
Shares of fallen fintech darling Block (SQ), formerly known as Square, are starting to find their footing again amid the broader market rebound. Though its Q2 results were disappointing and were weighed down by weakness in bitcoin (BTC-USD), Block still seems like one of the most intriguing ways to play the future of finance. At $87 and...
With shares of popular farming equipment maker Deere (DE) trending higher, it seems like too much recession risk was baked in just over a month ago. Undoubtedly, the cyclical nature of the industry makes the company vulnerable to economic downturns. However, as the company continues to buck the trend with solid results while continuing to...
On the front of the matter, online personal finance firm SoFi Technologies (SOFI) generated unexpectedly-strong results for its Q2-2022 earnings report. Much of the enthusiasm centered on the performance being strong amid powerful economic headwinds. While SOFI stock continues to maintain its momentum following the disclosure, analysts appear to be glossing over one key detail....
NortonLifeLock Inc. (NASDAQ: NLOK) stock price dropped 14% from $28 in 2017 end, to around $24 currently, primarily due to unfavorable changes in its P/S multiple. The company actually witnessed a steady rise in revenue per share over this period, helped by a rise in sales and a drop in the outstanding share count. Despite...
Checking your net worth is the financial equivalent of weighing yourself. It allows you to see how your spending affects your wealth, just like weighing yourself helps you check how your eating habits are impacting your waistline. But like weight, net worth can fluctuate and decrease through no fault of your own. When the stock...
It seems like all my friends got COVID this summer, and many think they got it on a plane. But that’s as anecdotal as data gets. What does, you know, science have to say? I talked to Arnold Barnett, a professor of statistics at the Massachusetts Institute of Technology, who co-wrote a recent paper that...