Stock Research

BB Biotech AG (SWX: BION) ended 3.0% down on Friday after reporting a loss for the first three months of 2023. BB Biotech’s loss narrowed year-on-year The investment firm that focuses exclusively on biotechnology says it lost CHF 254 million ($284.45 million) in the first quarter. In the same period last year, though, it had… Continue reading BB Biotech reports a loss for the first three months of 2023

U.S. banks have been under a lot of pressure lately but a JPMorgan analyst is still convinced that investing in Charles Schwab Corporation (NYSE: SCHW) at current levels positions you for lucrative returns. Charles Schwab stock could climb to $85 Kenneth Worthington reiterated the financial service company at “overweight” this week. His $85 price target… Continue reading Charles Schwab stock outlook: JPMorgan analyst sees 60% upside

AB Inbev (NYSE: BUD) stock has been in the spotlight this month as concerns about the company’s marketing remain. As I wrote here, the company has become disliked by both conservatives and liberals following its Dylan Mulvaney advertisements. In this article, I will explain why this controversy likely saved Anheuser-Busch. Boycotts never work Conservatives have… Continue reading BUD stock price: AB InBev preps for a new $27 billion move

Loandepot (NYSE: LDI) stock price has been in a strong sell-off in the past few months as concerns about the mortgage industry continue. The shares plunged from a high of $3 in February to a low of $1.38. It has now pulled back slightly to trade at $1.80. This performance is in line with other… Continue reading Loandepot stock investors beware: insiders are dumping shares

Shares of ContextLogic Inc (NASDAQ: WISH) went up as much as 40% today after the eCommerce company announced a share repurchase programme. How many shares will it buy back? On Friday, the Nasdaq-listed firm confirmed that it plans on buying back up to $50 million worth of its stock. The programme that will be effective… Continue reading ContextLogic stock jumped 40% on Friday: here’s the catalyst

S&P 500 up 8.0% year-to-date at writing is pretty much as far as it would go in 2023, says John Lynch. He’s the Chief Investment Officer at Comerica Wealth Management. S&P 500 is not out of the woods just yet More alarmingly, Lynch expects the benchmark index to actually trade down in the short term.… Continue reading Comerica’s Lynch expects S&P 500 to retest October lows

Procter & Gamble Co (NYSE: PG) is in the green this morning after reporting market-beating results for its third financial quarter. P&G’s guidance for the future Shareholders are cheering also because the consumer goods company raised its outlook. For the full year, it’s now calling for a 1.0% increase in sales versus flat to down… Continue reading P&G CEO on Q3 earnings: ‘very pleased with where we stand’

C3.ai (NYSE: AI) stock price has lost its bullish momentum as investors assess its role in the artificial intelligence industry. After soaring to the year-to-date high of $34.56 on April 3, the shares have now plunged to about $20. C3.ai is highly overvalued C3.ai share price has done well this year as investors place bets… Continue reading C3.ai stock price analysis: on the cusp of a 33% meltdown

UK stocks have done well this year, with the FTSE 100 rising by ~6% this year and by ~18% above the lowest point in 2022. The index is nearing an all-time high of £8,050. Boohoo (LON: BOO) share price has not been left behind in this rebound after rising by 60% this year. Is the… Continue reading Boohoo share price analysis: where fundamentals meet technicals