Author: TipRanks

Home » Archives for TipRanks
Tesla: Take What Elon Musk Says With a Big Grain of Salt, Says Analyst
Post

Tesla: Take What Elon Musk Says With a Big Grain of Salt, Says Analyst

Elon Musk has legions of fans who have been happy to indulge his whims, but the World’s Richest Man also has plenty of detractors. Hardly any have been as outspoken in their distrust of Musk as GLJ Research’s Gordon Johnson. The analyst has not been shy in laying out the reasons why investors should stay...

Should You Buy Disney (NYSE: DIS) Now That CEO Iger Is Back?
Post

Should You Buy Disney (NYSE: DIS) Now That CEO Iger Is Back?

A lot has happened at the Walt Disney Company (NYSE: DIS) that has caught investors’ attention. On November 8, the entertainment behemoth reported dismal Q4 results where EPS of $0.30 fell below the street’s expectations of $0.56 per share. To bring a turnaround, its former CEO, Robert Iger, is back at the helm, succeeding CEO Bob Chapek....

MRNA, BIIB, or IQV: Which Biotech Stock Earns the Street’s "Strong Buy" Rating?
Post

MRNA, BIIB, or IQV: Which Biotech Stock Earns the Street’s “Strong Buy” Rating?

The COVID-19 pandemic has made governments across the world realize the importance of healthcare and the need to develop treatments for unmet medical needs. Many biotechnology companies are working on drugs that could generate billions of dollars once approved. Moderna (NASDAQ:MRNA) is a great example of the growth prospects that a biotech stock can offer....

3 Best Retail Stocks to Own, Post Black Friday Frenzy
Post

3 Best Retail Stocks to Own, Post Black Friday Frenzy

Inflation? What inflation? Shoppers across the nation defied expectations and beat the CPI blues in 2022, buying like there’s no tomorrow in a post-Thanksgiving frenzy. Online spending increased 2.3% year-over-year to a record $9.12 billion on Black Friday this year. Cyber Monday is expected to be even bigger, with $11.2 billion in anticipated online spending,...

Is Stingray’s (TSE:RAY.A) 6% Dividend in Danger amid High Debt?
Post

Is Stingray’s (TSE:RAY.A) 6% Dividend in Danger amid High Debt?

Stingray Group (TSE:RAY.A), a Canadian music, media, and technology company that provides audio television channels, radio stations, SVOD content, 4K UHD television channels, and more, recently rebounded from an earnings miss that saw the stock slip over 11% on November 9. Earnings per share (EPS) came in at C$0.15, less than the C$0.20 consensus. Also, revenue...

Nvidia (NASDAQ:NVDA): This Chip Stock is Down but Not Out
Post

Nvidia (NASDAQ:NVDA): This Chip Stock is Down but Not Out

Shares of semiconductor giant Nvidia (NASDAQ:NVDA) and its peers have plunged this year due to macro pressures, the newly imposed controls on chip exports to China, and the weakness in demand in key end markets, like personal computers (PC) gaming. Nvidia stock has advanced 22.7% over the past one month but is still down nearly...

Roblox Stock (NYSE:RBLX): A True Innovator at a Reasonable Price
Post

Roblox Stock (NYSE:RBLX): A True Innovator at a Reasonable Price

Shares of Roblox (NYSE:RBLX) have continued to drag their feet after a catastrophic implosion that began late last year. Though Roblox is nowhere close to making a sustained profitability push, it’s tough to pass up its growth profile at these depressed valuations (shares currently go for 8.6x sales). With robust user growth and the means...

Should You Buy Metro Stock (TSE:MRU) Near All-Time Highs?
Post

Should You Buy Metro Stock (TSE:MRU) Near All-Time Highs?

Metro (TSE:MRU), one of the largest Canadian grocery retailers, has enjoyed nice gains this year, rallying 17% year-to-date, not including dividends. This begs the question, how much more can MRU stock rally? As of right now, despite MRU being a good stock, it looks like there isn’t much short-term upside potential here following its recent...

Unite with Unity Software Stock (NYSE:U). Its Turnaround Has Begun
Post

Unite with Unity Software Stock (NYSE:U). Its Turnaround Has Begun

With the overall tech space bloodbath in recent months, one stock that has taken a massive hit is Unity Software (NYSE:U). Over the past year, the stock has lost 80% of its market capitalization. It is trading far below its high of $200 seen in November 2021. The uncertain macro situation made investors downgrade high-growth, money-losing tech...

3 Battered Tech Stocks with High Upside Potential
Post

3 Battered Tech Stocks with High Upside Potential

Most of the damage this year has been concentrated in the tech sector. With rising interest rates and a recession likely in the new year, speculative innovation firms have been hit the hardest. The shockwaves have spread to large-cap tech stocks as well. Hard-hit companies like Salesforce (NYSE:CRM), PayPal (NASDAQ:PYPL), and CrowdStrike (NASDAQ:CRWD) have been...