sutthirat sutthisumdang Piper Sandler has upgraded Teleflex (NYSE:TFX) to overweight, citing expected EPS growth in 2025. The investment bank said it believes UL sales in physician’s offices “are starting to find a bottom” and that “the franchise will be less of a revenue headwind starting in 2025.” It also seesContinue Reading
syahrir maulana Growth in investing continues to be an attractive portfolio option due to its exposure to large-cap leadership and small-cap rotation, Oppenheimer analysts said in a Technical Analysis note. The Russell 2000 Growth (NYSEARCA:IWM) has been basing compared to the Russell 1000 Value (IWD) for the last two years,Continue Reading
sefa ozel/E+ via Getty Images J.P. Morgan started coverage on Amkor Technology (NASDAQ:AMKR) with an Overweight rating and a price target of $48. Analysts led by Peter Peng noted that the Tempe, Ariz.-based company is a key outsourced semiconductor assembly and test, or OSAT, supplier and a vital foundational semiconductorContinue Reading
Jul. 01, 2024 1:49 AM ETFXI, PGJ, EWH, CAF, GXC, TDF, CHIQ, YINN, YANG, CQQQ, MCHI, CXSE, KWEB, ASHR, KBA, CWEB, KUREBy: Meghavi Singh, SA News Editor Igor Kutyaev The Caixin China General Manufacturing PMI in June reached its highest level in over three years, slightly above market expectations toContinue Reading
The Health Care Select Sector SPDR Fund ETF (NYSEARCA:XLV), tracking the healthcare companies under S&P 500, rose 0.11% in the second quarter of 2024, lagging behind the broader S&P 500 index which rose 4.30%. Insulet (PODD) saw the biggest growth in the S&P 500 healthcare index, rising about 25% asContinue Reading
Consumer Discretionary Select Sector SPDR Fund ETF (NYSEARCA:XLY) which tracks S&P 500 consumer discretionary companies rose just 3.99% YTD, lagging behind the broader S&P 500 index which rose 15.51%. Consumer Discretionary Select Sector SPDR Fund ETF also just rose 10.56% this year, compared to a ~10.66% rise in the S&PContinue Reading
Aajan/iStock via Getty Images UBS analysts highlighted the top contributors to EPS growth for the S&P 500 (SP500) during the second quarter. S&P 500 EPS is forecasted to grow 7.8% in the second quarter, assuming a typical pace of revisions and surprises, with growth finishing at 10.5-11%, analysts, headed byContinue Reading
Faced with the challenge of “navigating macro headwinds that will have a pronounced impact on fiscal 2025” and continued softness in China, Nike (NYSE:NKE) now expects FY25 sales for the sportswear giant to be down mid-single-digits with sales in the first half of the year down by high-single-digits. The companyContinue Reading
MF3d/E+ via Getty Images The U.S. government’s ban on the export of high-quality chips used for artificial intelligence applications to China is limiting sector growth in the PRC, according to a report by The Information. Chinese tech firms are placing restrictions on the number of users with access to generativeContinue Reading
Olemedia/E+ via Getty Images Arcadium Lithium (NYSE:ALTM) +12.7% in Wednesday’s trading as RBC Capital rates the stock as a new Outperform with a $4 price target, saying the company offers investors “the most vertically integrated, and diversified lithium and chemical exposure across our coverage.” The RBC team sees production growthContinue Reading
