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The new conservatism is hostile to globalization, immigration, big tech, media companies, and the idea that market forces should determine the common good......»»

Category: topSource: washpostApr 4th, 2022

Is Most-Watched Stock Lumen Technologies, Inc. (LUMN) Worth Betting on Now?

Lumen (LUMN) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. Lumen (LUMN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this metal forging and stampings have returned +1.1% over the past month versus the Zacks S&P 500 composite's +8.1% change. The Zacks Technology Services industry, to which Lumen belongs, has gained 16.8% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.Lumen is expected to post earnings of $0.36 per share for the current quarter, representing a year-over-year change of -26.5%. Over the last 30 days, the Zacks Consensus Estimate has changed -3.3%.The consensus earnings estimate of $1.69 for the current fiscal year indicates a year-over-year change of -11.5%. This estimate has changed -1.8% over the last 30 days.For the next fiscal year, the consensus earnings estimate of $1.08 indicates a change of -36% from what Lumen is expected to report a year ago. Over the past month, the estimate has changed -7.8%.Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Lumen is rated Zacks Rank #3 (Hold).The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:12 Month EPSProjected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.For Lumen, the consensus sales estimate for the current quarter of $4.44 billion indicates a year-over-year change of -9.2%. For the current and next fiscal years, $17.87 billion and $15.93 billion estimates indicate -9.2% and -10.9% changes, respectively.Last Reported Results and Surprise HistoryLumen reported revenues of $4.61 billion in the last reported quarter, representing a year-over-year change of -6.3%. EPS of $0.35 for the same period compares with $0.48 a year ago.Compared to the Zacks Consensus Estimate of $4.6 billion, the reported revenues represent a surprise of +0.33%. The EPS surprise was -23.91%.Over the last four quarters, Lumen surpassed consensus EPS estimates two times. The company topped consensus revenue estimates just once over this period.ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.Lumen is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Lumen. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. Zacks' Top Picks to Cash in on Electric Vehicles Big money has already been made in the Electric Vehicle (EV) industry. But, the EV revolution has not hit full throttle yet. There is a lot of money to be made as the next push for future technologies ramps up. Zacks’ Special Report reveals 5 picks investorsSee 5 EV Stocks With Extreme Upside Potential >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lumen Technologies, Inc. (LUMN): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksAug 12th, 2022

Here is What to Know Beyond Why Lockheed Martin Corporation (LMT) is a Trending Stock

Zacks.com users have recently been watching Lockheed (LMT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects. Lockheed Martin (LMT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this aerospace and defense company have returned +5.4% over the past month versus the Zacks S&P 500 composite's +8.1% change. The Zacks Aerospace - Defense industry, to which Lockheed belongs, has gained 6% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.For the current quarter, Lockheed is expected to post earnings of $6.66 per share, indicating no change from the year-ago quarter. The Zacks Consensus Estimate has changed -2.9% over the last 30 days.For the current fiscal year, the consensus earnings estimate of $21.84 points to a change of -3.5% from the prior year. Over the last 30 days, this estimate has changed +0.2%.For the next fiscal year, the consensus earnings estimate of $28.32 indicates a change of +29.7% from what Lockheed is expected to report a year ago. Over the past month, the estimate has changed -0.9%.With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Lockheed.The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:12 Month EPSProjected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.In the case of Lockheed, the consensus sales estimate of $16.79 billion for the current quarter points to a year-over-year change of +4.7%. The $65.4 billion and $67.07 billion estimates for the current and next fiscal years indicate changes of -2.5% and +2.6%, respectively.Last Reported Results and Surprise HistoryLockheed reported revenues of $15.45 billion in the last reported quarter, representing a year-over-year change of -9.3%. EPS of $1.99 for the same period compares with $7.13 a year ago.Compared to the Zacks Consensus Estimate of $16.16 billion, the reported revenues represent a surprise of -4.43%. The EPS surprise was +14.37%.The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates just once over this period.ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.Lockheed is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Lockheed. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. Zacks' Top Picks to Cash in on Electric Vehicles Big money has already been made in the Electric Vehicle (EV) industry. But, the EV revolution has not hit full throttle yet. There is a lot of money to be made as the next push for future technologies ramps up. Zacks’ Special Report reveals 5 picks investorsSee 5 EV Stocks With Extreme Upside Potential >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lockheed Martin Corporation (LMT): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksAug 12th, 2022

3 Lithium Stocks to Buy as Senate Passes Historic Climate Bill

The landmark climate bill will further spur the EV revolution, making lithium more attractive than ever. To capitalize on the red-hot prospects of lithium, consider investing in ALB, LTHM and PLL. After a marathon debate, the Senate, on Sunday, passed a monumental climate bill, which aims to accelerate the U.S. transition away from fossil fuels. The bill — also called the Inflation Reduction Act (IRA) — is headed to the House and is expected to be passed by the end of this week. Once signed into law by President Biden, the bill would be the boldest climate legislation in U.S. history.It seeks to allot around $370 billion toward clean energy initiatives to turbocharge decarbonization efforts. The bill includes tax credits to boost domestic manufacturing of solar panels, wind turbines, batteries, and critical minerals processing, as well as subsidies for buying electric and hydrogen-fueled vehicles. All that would put the United States on track to reduce greenhouse gas emissions by nearly 40% below 2005 levels by the decade-end.The new climate bill will further spur the electric vehicle (EV) revolution. The rising EV penetration will have a trickle-down effect in the supply chain, making lithium more attractive than ever. To capitalize on the flourishing prospects of lithium, place your bets on Albemarle Corp ALB and Livent Corp. LTHM and Piedmont Lithium Limited PLL. But before we discuss these stocks, let’s glance through the prospects of the EV space and the lithium market.EV Industry to Shine BrighterEV and renewable energy stocks clearly stand to benefit from this landmark climate bill. As it is, amid heightening climate concerns and technological advancement, more and more cars are getting electrified as legacy automakers are fast shifting gears to e-mobility. And now this IRA is set to further supercharge the prospects of the red-hot EV industry.To encourage the adoption of EVs, the IRA includes a $7,500 tax credit till 2032 on the purchase of a new EV. Importantly, the tax credit will be sans the 200,000-car cap. In the current scenario, the tax credit phases out once a company has reached the 200,000 EV sales mark. A few auto biggies, including Tesla, General Motors and Toyota, have already exhausted the limit. The updated EV tax credit would remove that cap at the start of 2023.With Americans staring at sky-high inflation and rising interest rates, the elimination of this federal EV tax credit cap will help in the acceleration of the adoption of zero-emissions cars, which is the need of the hour. Additionally, there’s a new $4,000 credit on used EVs. The updated tax credits are set to provide a major impetus to the EV industry— which is only expected to blossom in the coming years.Per S&P Global Platts Analytics, global EV sales are expected to rise to 26.8 million units by the decade end. To put this into perspective, sales of green cars totaled 6.6 million units in 2021. BHP Group Ltd forecasts EVs to account for 60% of new car sales by the decade-end and 90% by 2040.Lithium Demand to ExplodeThanks to the accelerated adoption of green vehicles, one metal that is expected to be most in demand is lithium. With batteries serving as the secret sauce for EVs and lithium being the most important metal in the EV battery, the demand for lithium is likely to skyrocket.Importantly, more than half of all the lithium produced is deployed in rechargeable batteries. The lithium space gains the maximum attention from EV batteries. This would only continue to rise in the coming years amid the soaring popularity of green cars and further dwarf the usage of the metal for traditional industrial purposes, including ceramics, polymers and glass ceramics.Notably, China dominates the lithium produce. Western countries are also trying to catch up fast to ramp up their production. Miners in Australia -- home to nearly 50% of the world’s produce — are having a gala time, thanks to a flurry of deals with automakers seeking to rev up their EV game.The burgeoning demand for lithium is underscored by the price of the metal itself, which has rocketed nearly 500% in the past year. The prices are likely to remain elevated for the rest of the year, per BloombergNEF. Per Statista, the global lithium demand is forecast to exceed 2 million metric tons of lithium carbonate equivalent by 2030, majorly driven by consumption in EV batteries. Credit Suisse anticipates lithium demand to triple between 2020 and 2025. Per Fortune Business Insights, the global lithium-ion battery market size is expected to reach $193.13 billion by 2028 and register a revenue CAGR of 23.3% during the 2021-2028 time period.Our PicksGiven the bright outlook for lithium demand, we highlight why you should press the buy button on the below-mentioned lithium stocks.Albemarle: Charlotte-based Albemarle is one of the leading producers of lithium, with battery-grade lithium-producing plants in Australia, China, Chile and the United States. The company’s lithium unit accounts for the highest percentage of overall revenues and profits. ALB, thus, remains laser-focused on the expansion of its lithium footprint.Albemarle is investing in high-return projects to drive productivity and is well placed to gain from the long-term growth of the battery-grade lithium market. In Australia, the Kemerton I plant commenced production last month and the Kemerton II conversion plant is on track for mechanical completion in the second half of this year.  La Negra III/IV expansion in Chile is boosting prospects. In the United States, expansion projects at Silver Peak are progressing ahead of schedule. The acquisition of the Qinzhou plant in China, scheduled for closure in the second half of 2022, will also bolster the growth of conversion capacity and drive lithium volumes.As of Jun 30, Albemarle had liquidity of approximately $2.6 billion. The company is also a dividend aristocrat, having raised its annual dividend for 27 straight years. The Zacks Consensus Estimate for Albemarle’s 2022 earnings implies year-over-year growth of 358.4%. The stock currently sports a Zacks Rank #1 (Strong Buy).Livent: Philadelphia-based Livent is the largest vertically integrated pure-play producer of low-cost lithium, with operational sites in the United States, England, India, China and Argentina. Livent has been extracting Lithium Brine at Salar del Hombre Muerto in Argentina for more than 20 years. It is one of the lowest-cost resources for lithium carbonate, providing the company with a competitive edge.LTHM is on track with all its capacity expansion programs. The first 10,000 metric tons of lithium carbonate expansion in Argentina is scheduled to be completed by the year end. The second 10,000 metric tons of lithium carbonate expansion is anticipated to be concluded by 2023-end. Livent remains on track with a 5,000 metric ton hydroxide addition in Bessemer City by the end of the third quarter of 2022.The company is set to add 15,000 metric tons of lithium hydroxide capacity at a new location in China by the end of next year.Québec-based Nemaska Lithium project is likely to commence in 2025 and will aid the top-line growth of Livent.LTHM expects strong demand and high lithium pricing to buoy its prospects through 2022. The company envisions revenue in the band of $800-$860 million this year, implying a year-over-year uptick of 97% at the midpoint of the guided range. Adjusted EBITDA is estimated at $325-375 million, suggesting significant growth from $70 million recorded in 2021. The consensus mark for LTHM’s 2022 earnings implies year-over-year growth of 667%. The stock currently sports a Zacks Rank #1.Piedmont: This U.S.-based lithium explorer has not generated revenues yet but is worth a look due to its solid prospects. Piedmont is set to benefit from hard rock lithium assets in three strategic locations including North Carolina, Quebec and Ghana. The company is focused on the development of the Carolina Lithium Project, located in North Carolina — one of the top-notch regions in the world for lithium exploration.The project targets the production of 30,000 tons/year of battery-grade lithium hydroxide.Piedmont also holds a 25% stake in the Abitibi lithium hub and a 16.52% interest in Sayona Mining. PLL owns 10% of Atlantic Lithium and can earn a 50% interest in Atlantic Lithium’s Ghanaian lithium portfolio. Atlantic Lithium is likely to provide additional high-quality SC6 to support North American lithium hydroxide production. The company owns a 25% interest in Sayona Quebec, which holds a 100% stake in the Quebec Projects, including North American Lithium, the Authier Project and the TansimProject. Additionally, PLL also owns around a 14% stake in Sayona, the parent company of Sayona Quebec.A sustainable business model and solid growth pipeline with attractive economics augur well for PLL’s long-term prospects.As of Jun 30, Piedmont had cash and cash equivalents of $139 million, representing a strong cash ratio of more than 22.  The consensus estimate for third-quarter 2022 bottom line is pegged at a loss of 13 cents, narrower than the loss of 53 cents recorded in the second quarter of 2022. The stock currently carries a Zacks Rank #2 (Buy).You can see the complete list of today’s Zacks #1 Rank stocks here. Profiting from the Metaverse, The 3rd Internet Boom (Free Report): Get Zacks' special report revealing top profit plays for the internet's next evolution. Early investors still have time to get in near the "ground floor" of this $30 trillion opportunity. You'll discover 5 surprising stocks to help you cash in.Download the report FREE today >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Piedmont Lithium Inc. (PLL): Free Stock Analysis Report Albemarle Corporation (ALB): Free Stock Analysis Report Livent Corporation (LTHM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksAug 10th, 2022

Is Most-Watched Stock Photronics, Inc. (PLAB) Worth Betting on Now?

Photronics (PLAB) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects. Photronics (PLAB) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this electronics imaging company have returned +21.4% over the past month versus the Zacks S&P 500 composite's +5.8% change. The Zacks Semiconductor Equipment - Photomasks industry, to which Photronics belongs, has gained 21.2% over this period. Now the key question is: Where could the stock be headed in the near term?Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.Photronics is expected to post earnings of $0.50 per share for the current quarter, representing a year-over-year change of +127.3%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.The consensus earnings estimate of $1.89 for the current fiscal year indicates a year-over-year change of +112.4%. This estimate has changed -0.7% over the last 30 days.For the next fiscal year, the consensus earnings estimate of $2.22 indicates a change of +17.5% from what Photronics is expected to report a year ago. Over the past month, the estimate has remained unchanged.With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Photronics.The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:12 Month EPSRevenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.In the case of Photronics, the consensus sales estimate of $210 million for the current quarter points to a year-over-year change of +23.1%. The $818.65 million and $877.5 million estimates for the current and next fiscal years indicate changes of +23.3% and +7.2%, respectively.Last Reported Results and Surprise HistoryPhotronics reported revenues of $204.51 million in the last reported quarter, representing a year-over-year change of +28%. EPS of $0.49 for the same period compares with $0.17 a year ago.Compared to the Zacks Consensus Estimate of $192.55 million, the reported revenues represent a surprise of +6.21%. The EPS surprise was +40%.Over the last four quarters, Photronics surpassed consensus EPS estimates three times. The company topped consensus revenue estimates each time over this period.ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.Photronics is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Photronics. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. Profiting from the Metaverse, The 3rd Internet Boom (Free Report): Get Zacks' special report revealing top profit plays for the internet's next evolution. Early investors still have time to get in near the "ground floor" of this $30 trillion opportunity. You'll discover 5 surprising stocks to help you cash in.Download the report FREE today >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Photronics, Inc. (PLAB): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksAug 10th, 2022

Is Most-Watched Stock Tilray Brands, Inc. (TLRY) Worth Betting on Now?

Zacks.com users have recently been watching Tilray Brands, Inc. (TLRY) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects. Tilray Brands, Inc. (TLRY) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned +19.3% over the past month versus the Zacks S&P 500 composite's +5.8% change. The Zacks Consumer Products - Staples industry, to which Tilray Brands, Inc. belongs, has gained 2.2% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.For the current quarter, Tilray Brands, Inc. is expected to post a loss of $0.06 per share, indicating a change of +25% from the year-ago quarter. The Zacks Consensus Estimate has changed +4% over the last 30 days.The consensus earnings estimate of -$0.18 for the current fiscal year indicates a year-over-year change of +35.7%. This estimate has remained unchanged over the last 30 days.For the next fiscal year, the consensus earnings estimate of -$0.16 indicates a change of +13.3% from what Tilray Brands, Inc. is expected to report a year ago. Over the past month, the estimate has changed +33.3%.With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Tilray Brands, Inc.The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:12 Month EPSProjected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.For Tilray Brands, Inc. the consensus sales estimate for the current quarter of $156.54 million indicates a year-over-year change of -6.8%. For the current and next fiscal years, $655.57 million and $723.7 million estimates indicate +4.3% and +10.4% changes, respectively.Last Reported Results and Surprise HistoryTilray Brands, Inc. reported revenues of $153.33 million in the last reported quarter, representing a year-over-year change of +7.8%. EPS of -$0.34 for the same period compares with -$0.11 a year ago.Compared to the Zacks Consensus Estimate of $151.04 million, the reported revenues represent a surprise of +1.51%. The EPS surprise was -385.71%.Over the last four quarters, Tilray Brands, Inc. surpassed consensus EPS estimates two times. The company topped consensus revenue estimates two times over this period.ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.Tilray Brands, Inc. is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Tilray Brands, Inc. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. Profiting from the Metaverse, The 3rd Internet Boom (Free Report): Get Zacks' special report revealing top profit plays for the internet's next evolution. Early investors still have time to get in near the "ground floor" of this $30 trillion opportunity. You'll discover 5 surprising stocks to help you cash in.Download the report FREE today >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tilray Brands, Inc. (TLRY): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksAug 10th, 2022

Is Most-Watched Stock Texas Instruments Incorporated (TXN) Worth Betting on Now?

Texas Instruments (TXN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects. Texas Instruments (TXN) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this chipmaker have returned +15.1% over the past month versus the Zacks S&P 500 composite's +5.8% change. The Zacks Semiconductor - General industry, to which Texas Instruments belongs, has gained 6.1% over this period. Now the key question is: Where could the stock be headed in the near term?Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.Texas Instruments is expected to post earnings of $2.37 per share for the current quarter, representing a year-over-year change of +14.5%. Over the last 30 days, the Zacks Consensus Estimate has changed +8.5%.The consensus earnings estimate of $9.35 for the current fiscal year indicates a year-over-year change of +13.2%. This estimate has changed +7.4% over the last 30 days.For the next fiscal year, the consensus earnings estimate of $8.83 indicates a change of -5.6% from what Texas Instruments is expected to report a year ago. Over the past month, the estimate has changed +2.5%.With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for Texas Instruments.The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:12 Month EPSRevenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.In the case of Texas Instruments, the consensus sales estimate of $5.12 billion for the current quarter points to a year-over-year change of +10.2%. The $20.08 billion and $19.82 billion estimates for the current and next fiscal years indicate changes of +9.4% and -1.3%, respectively.Last Reported Results and Surprise HistoryTexas Instruments reported revenues of $5.21 billion in the last reported quarter, representing a year-over-year change of +13.8%. EPS of $2.45 for the same period compares with $2.05 a year ago.Compared to the Zacks Consensus Estimate of $4.53 billion, the reported revenues represent a surprise of +15.06%. The EPS surprise was +18.36%.The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.Texas Instruments is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Texas Instruments. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term. Profiting from the Metaverse, The 3rd Internet Boom (Free Report): Get Zacks' special report revealing top profit plays for the internet's next evolution. Early investors still have time to get in near the "ground floor" of this $30 trillion opportunity. You'll discover 5 surprising stocks to help you cash in.Download the report FREE today >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Texas Instruments Incorporated (TXN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksAug 10th, 2022

Is Most-Watched Stock Covenant Logistics Group, Inc. (CVLG) Worth Betting on Now?

Zacks.com users have recently been watching Covenant Logistics (CVLG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects. Covenant Logistics (CVLG) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this truckload transportation services provider have returned +22.7% over the past month versus the Zacks S&P 500 composite's +5.8% change. The Zacks Transportation - Truck industry, to which Covenant Logistics belongs, has gained 11.2% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.For the current quarter, Covenant Logistics is expected to post earnings of $1.37 per share, indicating a change of +34.3% from the year-ago quarter. The Zacks Consensus Estimate has changed +29.3% over the last 30 days.The consensus earnings estimate of $5.04 for the current fiscal year indicates a year-over-year change of +39.6%. This estimate has changed +10.1% over the last 30 days.For the next fiscal year, the consensus earnings estimate of $3.39 indicates a change of -32.8% from what Covenant Logistics is expected to report a year ago. Over the past month, the estimate has changed +11.3%.With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #1 (Strong Buy) for Covenant Logistics.The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:12 Month EPSProjected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.For Covenant Logistics, the consensus sales estimate for the current quarter of $296 million indicates a year-over-year change of +7.8%. For the current and next fiscal years, $1.2 billion and $1.11 billion estimates indicate +14.7% and -7.2% changes, respectively.Last Reported Results and Surprise HistoryCovenant Logistics reported revenues of $317.38 million in the last reported quarter, representing a year-over-year change of +23.8%. EPS of $1.63 for the same period compares with $0.96 a year ago.Compared to the Zacks Consensus Estimate of $288.8 million, the reported revenues represent a surprise of +9.9%. The EPS surprise was +19.85%.The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.Covenant Logistics is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Covenant Logistics. However, its Zacks Rank #1 does suggest that it may outperform the broader market in the near term. Profiting from the Metaverse, The 3rd Internet Boom (Free Report): Get Zacks' special report revealing top profit plays for the internet's next evolution. Early investors still have time to get in near the "ground floor" of this $30 trillion opportunity. You'll discover 5 surprising stocks to help you cash in.Download the report FREE today >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Covenant Logistics Group, Inc. (CVLG): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksAug 10th, 2022

Is Trending Stock 3M Company (MMM) a Buy Now?

3M (MMM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects. 3M (MMM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this maker of Post-it notes, industrial coatings and ceramics have returned +13.6% over the past month versus the Zacks S&P 500 composite's +5.8% change. The Zacks Diversified Operations industry, to which 3M belongs, has gained 11.9% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.3M is expected to post earnings of $2.70 per share for the current quarter, representing a year-over-year change of +10.2%. Over the last 30 days, the Zacks Consensus Estimate has changed -2.7%.For the current fiscal year, the consensus earnings estimate of $10.40 points to a change of +2.8% from the prior year. Over the last 30 days, this estimate has changed -2.8%.For the next fiscal year, the consensus earnings estimate of $10.91 indicates a change of +5% from what 3M is expected to report a year ago. Over the past month, the estimate has changed -1.7%.With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for 3M.The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:12 Month EPSRevenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.In the case of 3M, the consensus sales estimate of $8.83 billion for the current quarter points to a year-over-year change of -1.2%. The $35.08 billion and $35.75 billion estimates for the current and next fiscal years indicate changes of -0.8% and +1.9%, respectively.Last Reported Results and Surprise History3M reported revenues of $8.7 billion in the last reported quarter, representing a year-over-year change of -2.8%. EPS of $2.48 for the same period compares with $2.59 a year ago.Compared to the Zacks Consensus Estimate of $8.56 billion, the reported revenues represent a surprise of +1.61%. The EPS surprise was +2.9%.The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.3M is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about 3M. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. Profiting from the Metaverse, The 3rd Internet Boom (Free Report): Get Zacks' special report revealing top profit plays for the internet's next evolution. Early investors still have time to get in near the "ground floor" of this $30 trillion opportunity. You'll discover 5 surprising stocks to help you cash in.Download the report FREE today >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report 3M Company (MMM): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksAug 10th, 2022

Semiconductor Stock Plunge: Buy, Sell or Hold?

This has been a bad week for semiconductor stocks so far, with NVDA and MU warning of significant demand destruction. This week has been a really bad one for semiconductor stocks, as first NVIDIA NVDA and then Micron MU announced that they were cutting their outlooks.NVIDIA put down its miss versus projections (and it was a huge 17.3% miss) to softness in the gaming business, which it said was because of lower sales at channel partners affected by macroeconomic concerns. Worse, CEO Jenseng Huang warned: “As we expect the macroeconomic conditions affecting sell-through to continue, we took actions with our Gaming partners to adjust channel prices and inventory.”What that boils down to then is slowing demand for discretionary items, as well as devices (PCs, smartphones, gaming devices, etc.). That could be first, because some of that spend has been diverted to services and the “opening up” economy, especially because people have bought a lot in the last 1-2 years and don’t need more of the devices right now. And second, because there really is a problem called inflation that despite all the stimulus cash, is beginning to hurt some customers.This softening in demand could be a signal that the economy is going where the Fed intended. Only, as far as these fabless semiconductor companies are concerned, they are seeing increased costs because of supply chain issues and the Taiwan-China-US tension isn’t helping things at all. If anything, there’s a lot of concern about the future of chip supply given Taiwan’s leading position there. Taiwan Semiconductor Company TSM is seeing more demand than it can fill, and being a manufacturer, is in a position to keep raising prices. It’s customers, like NVIDIA are getting squeezed (seen from the more than 20 bps miss on the gross margin).    It is not too much of a stretch to think that the softness in crypto is also affecting NVIDIA, as it is Advanced Micro Devices AMD. And like AMD, NVIDIA is saying that supply chain issues are leading to softer-than-expected growth in the data center, which is nevertheless still growing very strongly.Micron followed soon after NVIDIA with an announcement of its own that macroeconomic conditions had materially deteriorated, leading to softening demand for its DRAM and NAND memory chips since its call on Jun 30. Additionally, it expects the adverse conditions to continue, posing significant challenges in the next two quarters. Capex is also being cut as a result.Expectedly, the entire segment is in the red since then, with chipmakers including AMD, NVDA, QCOM, MU, TSM, AMAT, INTC all selling off.A quick dip into Intel’s INTC 14.5% sales miss in the last-reported quarter shows double-digit revenue misses across all segments except Network and Edge. Intel continues to bleed market share in the data center, accounting for the year-over-year decline and 24% miss versus analyst estimates in that segment. Both desktop and notebook missed estimates because of the above-mentioned factors, although the accelerated computing and graphics product line surprised positively. All except Mobileye and All Other segments missed analysts’ profit estimates. Analysts expect both revenue and profits in the current quarter to come down slightly (on a year-over-year basis) in its most significant Client and Data Center segments.RecommendationsAs is probably obvious from the above discussion, the semiconductor segment is not a good place to put your money in right now. In case of companies like NVIDIA, Qualcomm, Micron and AMD, you will likely find a better entry point because things look to be headed down before they move up again. Intel is in a long-term bind and is not recommended any time in the near future. Therefore, selling Intel, Micron, AMD and NVDA instead sounds like a good plan.There are a couple of stocks that stand out however.TSM is one that benefits by virtue of being a low-cost manufacturer and despite all fabless players looking desperately to diversify their supply chains, these things take time. So in the meantime, TSM is the only hope for many, especially given its prowess at the leading edge.Another stock that is usually a good defensive play is Texas Instruments TXN. The fact that it has its own fabs and relatively low exposure to Asian manufacturing is an added advantage.One-Month Price PerformanceImage Source: Zacks Investment Research Profiting from the Metaverse, The 3rd Internet Boom (Free Report): Get Zacks' special report revealing top profit plays for the internet's next evolution. Early investors still have time to get in near the "ground floor" of this $30 trillion opportunity. You'll discover 5 surprising stocks to help you cash in.Download the report FREE today >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intel Corporation (INTC): Free Stock Analysis Report Texas Instruments Incorporated (TXN): Free Stock Analysis Report Micron Technology, Inc. (MU): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report Taiwan Semiconductor Manufacturing Company Ltd. (TSM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksAug 10th, 2022

July"s inflation reading is a critical moment for markets and the economy

July's CPI report is due out this morning. All eyes are on the latest inflation data, which economists say will clock in slightly lower at 8.7%. Good morning and happy CPI day, markets enthusiasts. Max Adams filling in for Phil Rosen today. We've got a big economic data point headed our way this morning and markets are bracing for impact. After June's Consumer Price Index reading of 9.1% — the fastest increase in 41 years —  there's been a chorus of commentators saying that inflation has surely peaked and that we're headed lower from here.  But not everyone is so sure and there's a lot to keep in mind in this discussion. So let's get right into it. If this was forwarded to you, sign up here. Download Insider's app here.The drop in commodities has raised hopes that inflation will start to cool.SolStock/Getty Images1. Today's inflation reading is a critical moment for markets and the economy. June's reading of 9.1% was jarring, and in the month since,  a number of top commentators have said that prices will fall from here. But not everyone is convinced. About 50% of investors surveyed by investment management giant State Street say that inflation has yet to peak, and that rising prices are keeping them up at night. Investors are so shaken, that about two thirds say they expect their current investments to lose value.Economists surveyed by Bloomberg are expecting year-over-year CPI to show inflation increased by 8.7% in July, down slightly from June's figure. Wells Fargo, for its part this week said that it expects inflation to fall to 5% by October, driven lower by falling gas prices. But even then, higher housing costs will prevent prices from falling much further.And then there is the dreaded "S" word. According to the world's largest asset manager, markets are headed for a period of stagflation and investors need to defend their portfolios from low growth and persistent inflation. Low-volatility stocks and fixed income are ways to do this, BlackRock said Tuesday. Meanwhile, in an op-ed, Nouriel Roubini this week wrote that the era of stagflation is upon us and central banks have set a trap for themselves. "During the Great Stagflation, both components of any traditional asset portfolio — long-term bonds and US and global equities — will suffer, potentially incurring massive losses," Roubini said. In other news:Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System testifies before the House Committee on Financial Services June 23, 2022 in Washington, DCWin McNamee/Getty Images2. US stock futures rise early Wednesday, as investors brace for the key US inflation data. Meanwhile, oil prices have tumbled almost 30% in two months. Here are the latest market moves.3. On the docket: Nio Inc., The Walt Disney Company, Bumble Inc., all reporting.4. Bank of America has a list of consumer discretionary stocks set to outperform before possible rate cuts by the Fed. The US central bank may not yet be done tightening, but that day will arrive in 2023. Here are seven stocks to own before that date. 5. Elon Musk sold almost $6.9 billion worth of Tesla shares ahead of a court fight with Twitter. Musk said he could need the funds if he loses the legal battle and is forced to buy the social media platform for $44 billion. Musk, who is now left with a 15% stake in the electric car maker, explained his action in a late tweet Tuesday. 6. Investors should pare stocks and buy commodities. JPMorgan's Marco Kolanovic wrote Tuesday that recent gains in the stock market and toned down recession expectations mean commodities are attractively valued — but the quant guru is still bullish on stocks long-term.7. The stock market has misread signals from the Fed. That's according to research firm TS Lombard, which says the Fed funds rate could hit 4% by the end of the year. The firm says investors should expect another 75 basis point rate hike in September.8. The CEO of a national homebuilder says 2023 could see a much more normal housing market. Tri Pointe Homes is a $2 billion builder doing business across the US. Read why its chief executive, Doug Bauer, thinks the market is headed back toward "equilibrium."9. A fund manager who's beaten 99% of peers over the past year shares his top energy picks. Stan Majcher says the energy sector remains attractive as global energy supplies will be tight for some time. Here are his top three picks from the industry that he says are overlooked. Lumber prices, August 8, 2022Markets Insider10. Lumber has gained nearly 20% in two days. It's a big reversal for the commodity, which has tumbled in 2022 as the housing market cools off. According to one CEO, US housing is on track to stick a soft landing.Keep up with the latest markets news throughout your day by checking out The Refresh from Insider, a dynamic audio news brief from the Insider newsroom. Listen here.Curated by Max Adams in New York. (Feedback or tips? madams@insider.com)Edited by Hallam Bullock (@hallam_bullock) in London. Read the original article on Business Insider.....»»

Category: dealsSource: nytAug 10th, 2022

Investors Heavily Search Walgreens Boots Alliance, Inc. (WBA): Here is What You Need to Know

Walgreens (WBA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. Walgreens Boots Alliance (WBA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this largest U.S. drugstore chain have returned +5.5% over the past month versus the Zacks S&P 500 composite's +6.3% change. The Zacks Retail - Pharmacies and Drug Stores industry, to which Walgreens belongs, has gained 8.6% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.For the current quarter, Walgreens is expected to post earnings of $0.78 per share, indicating a change of -33.3% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.The consensus earnings estimate of $5.02 for the current fiscal year indicates a year-over-year change of -5.5%. This estimate has changed -0.1% over the last 30 days.For the next fiscal year, the consensus earnings estimate of $4.63 indicates a change of -7.8% from what Walgreens is expected to report a year ago. Over the past month, the estimate has changed -0.4%.With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Walgreens.The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:12 Month EPSRevenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.For Walgreens, the consensus sales estimate for the current quarter of $32.49 billion indicates a year-over-year change of -5.2%. For the current and next fiscal years, $132.65 billion and $134.13 billion estimates indicate -3.4% and +1.1% changes, respectively.Last Reported Results and Surprise HistoryWalgreens reported revenues of $32.6 billion in the last reported quarter, representing a year-over-year change of -4.2%. EPS of $0.96 for the same period compares with $1.51 a year ago.Compared to the Zacks Consensus Estimate of $32.74 billion, the reported revenues represent a surprise of -0.43%. The EPS surprise was +1.05%.The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.Walgreens is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Walgreens. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. Want to Know the #1 Semiconductor Stock for 2022? Few people know how promising the semiconductor market is. Over the last couple of years, disruptions to the supply chain have caused shortages in several industries. The absence of one single semiconductor can stop all operations in certain industries. This year, companies that create and produce this essential material will have incredible pricing power. For a limited time, Zacks is revealing the top semiconductor stock for 2022. You'll find it in our new Special Report, One Semiconductor Stock Stands to Gain the Most. Today, it's yours free with no obligation.>>Give me access to my free special report.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Walgreens Boots Alliance, Inc. (WBA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksAug 9th, 2022

Is Most-Watched Stock Marathon Petroleum Corporation (MPC) Worth Betting on Now?

Marathon Petroleum (MPC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects. Marathon Petroleum (MPC) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this refiner have returned +8.1% over the past month versus the Zacks S&P 500 composite's +6.3% change. The Zacks Oil and Gas - Refining and Marketing industry, to which Marathon Petroleum belongs, has gained 4.6% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.For the current quarter, Marathon Petroleum is expected to post earnings of $6.54 per share, indicating a change of +795.9% from the year-ago quarter. The Zacks Consensus Estimate has changed +41.8% over the last 30 days.The consensus earnings estimate of $21.09 for the current fiscal year indicates a year-over-year change of +760.8%. This estimate has changed +38.2% over the last 30 days.For the next fiscal year, the consensus earnings estimate of $12.85 indicates a change of -39.1% from what Marathon Petroleum is expected to report a year ago. Over the past month, the estimate has changed +27.3%.With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #1 (Strong Buy) for Marathon Petroleum.The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:12 Month EPSProjected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.In the case of Marathon Petroleum, the consensus sales estimate of $33.47 billion for the current quarter points to a year-over-year change of +2.6%. The $163.12 billion and $136.08 billion estimates for the current and next fiscal years indicate changes of +34.9% and -16.6%, respectively.Last Reported Results and Surprise HistoryMarathon Petroleum reported revenues of $54.24 billion in the last reported quarter, representing a year-over-year change of +81.8%. EPS of $10.61 for the same period compares with $0.67 a year ago.Compared to the Zacks Consensus Estimate of $33.26 billion, the reported revenues represent a surprise of +63.08%. The EPS surprise was +15.7%.The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.Marathon Petroleum is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Marathon Petroleum. However, its Zacks Rank #1 does suggest that it may outperform the broader market in the near term. Want to Know the #1 Semiconductor Stock for 2022? Few people know how promising the semiconductor market is. Over the last couple of years, disruptions to the supply chain have caused shortages in several industries. The absence of one single semiconductor can stop all operations in certain industries. This year, companies that create and produce this essential material will have incredible pricing power. For a limited time, Zacks is revealing the top semiconductor stock for 2022. You'll find it in our new Special Report, One Semiconductor Stock Stands to Gain the Most. Today, it's yours free with no obligation.>>Give me access to my free special report.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Marathon Petroleum Corporation (MPC): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksAug 9th, 2022

Some of America’s Largest Corporations Pay Zero Taxes. Here’s How Congressional Democrats Aim to Change That

Progressive Democrats have been grousing for what seems like eons about the fact that some of the nation’s wealthiest corporations avoid paying their fair share in taxes. This weekend, the Senate inched a step closer to a fix when it approved a historic $370 billion climate and healthcare spending package that would be paid for… Progressive Democrats have been grousing for what seems like eons about the fact that some of the nation’s wealthiest corporations avoid paying their fair share in taxes. This weekend, the Senate inched a step closer to a fix when it approved a historic $370 billion climate and healthcare spending package that would be paid for almost entirely by new tax increases on large corporations. The measure seeks to end a decades-long trend that saw some of the world’s most profitable companies find ways to shelter their profits from federal income taxation, often by accelerating depreciation, offshoring profits, awarding stock options to executives and maximizing tax credits. The spending package, known as the Inflation Reduction Act, would require corporations with at least $1 billion in net income (or profit) to pay a 15% corporate minimum tax based on the earnings they report to shareholders on financial statements. A company like Amazon, which posted annual net income of $33.4 billion in 2021, would pay at least $5 billion in taxes under the provision. [time-brightcove not-tgx=”true”] The proposed 15% tax rate is below the current threshold of 21% instituted by former President Donald Trump in 2019, but tax credits and loopholes have allowed some of the largest corporations to pay well below both amounts in recent years, making the 15% floor requirement a more attractive approach for proponents of the bill. Annual Tax Bill: $0.00 At least 55 of the largest U.S. corporations paid no federal corporate taxes on their 2020 profits, according to the Institute on Taxation and Economic Policy. The list of tax-avoiding corporations includes some of the world’s most recognizable brands, such as Nike, Dish Network and FedEx. These 55 corporations would have paid a collective total of $8.5 billion based on their 2020 income, according to the report, but they instead received a combined $3.5 billion in tax rebates. “The bottom line is that corporate tax cuts and corporate tax avoidance benefit high-income Americans and foreign investors, not working people in the United States,” ITEP’s Executive Director Amy Hanauer said in her testimony to the Senate Budget Committee in March 2021. A separate report conducted by the Center for American Progress found that 19 companies in the Fortune 100 alone paid little or no tax on their 2021 earnings. Amazon, Exxon Mobil, AT&T, Bank of America, Ford and General Motors were among companies found to have paid 6% or less of their profits on taxes. The Inflation Reduction Act, which is headed for a vote in the House this week, would change that, forcing billion-dollar corporations to pay at least 15% of their earnings to help fund new climate and healthcare programs. “For small business owners, it’s really about leveling the playing field,” says Rhett Buttle, senior advisor for Small Business for America’s Future, an advocacy organization. “Larger businesses have the ability to hire accountants and lawyers to work the tax system, essentially to get out of paying taxes. And so it really gives them a financial advantage over pricing, and small business owners don’t always have the ability to do that.” What It Means For Consumers While the proposed tax law does not directly raise taxes on households or small business owners making below $400,000, opponents say it could burden large corporations and reduce economic growth, lower wages and eliminate jobs. The right-leaning Tax Foundation says that the 15% minimum corporate tax comes “at the expense of more investment, more job opportunities, and higher wages.” Sen. John Thune, a Republican from South Dakota, says the taxes would result in higher prices for consumers in nearly every income bracket. Sen. Joe Manchin, a Democrat from West Virginia who sank parts of the spending bill nearly eight months ago, told Fox News last week that taxes will not be raised for regular Americans. “How in the world can you be raising taxes when all we’re saying is the wealthiest corporations in America, 55 of them, pay zero to help this great country of ours to defend ourselves,” Manchin said. In addition to the new corporate tax provisions, the Senate-passed Inflation Reduction Act is aimed at funding an ambitious slate of climate and energy programs that would help the U.S. cut greenhouse gas emissions about 40% below 2005 levels by the end of the decade. The measure would also slash prescription drug costs by allowing Medicare to negotiate the prices of medicines directly with drugmakers and capping the amount that recipients pay out of pocket for drugs each year at $2,000......»»

Category: topSource: timeAug 9th, 2022

I"m a "sugar baby" who gets paid $500 a date — here"s what it"s really like to date sugar daddies and get cash, gifts, and 5-star hotel stays

Sugar babies have specific ways to vet sugar daddies and spot scammers online. Here's what being a sugar baby is really like. Sugar babies get cash and gifts to go on dates with their sugar daddies.Getty Images A freelance writer in her 30s shared her experiences as a "sugar baby."  This story was first published in 2019; the writer chose to stay anonymous to protect her identity. She discussed everything from the gifts she's received to how she spots a scammer online. See more stories on Insider's business page. Note: The author is a freelance writer in her 30s whose identity was verified by Insider. While some people consider sugar relationships a form of sex work, it's a label rejected by sugar dating sites and some members themselves. This story was originally published in 2019 as part of a series on the financial side of relationships; you can read other entries in the series here.Six months ago, I decided to become a sugar baby.My reasoning was simple. I'd grown frustrated with dating men in my city — maybe I'd just had one too many Tinder dates end in mediocre conversation. My day job offers me control over my schedule, since I don't work a traditional nine-to-five. I wanted to supplement my income and have some fun doing it, so I decided to try finding a sugar daddy.For the uninitiated, "sugaring" is a form of dating in which one partner financially supports the other, often in the form of cash or gifts. As a woman in a major city with an appreciation for societal deviance, I figured the lifestyle might suit me well.Whether it was exhaustion of millennial swiping, or maybe the thrill of experiencing life outside my usual means, I found myself creating a profile on the primary website for sugaring connections, SeekingArrangement.Related: My divorce cost me $17,695 — these were the most surprising expenses I facedIn the half-year since then, I've met some highly interesting people — not to mention I've received thousands of dollars in cash, trips across the country, access to five-star hotels and restaurants, and expensive gifts like shoes and clothing I never could have ordinarily afforded.Read on for a firsthand look at what it's really like to be a sugar baby.Before I found my first sugar daddy, I needed an idea of why I was sugaringSyda Productions/ShutterstockAs with regular dating, if you dive into the sugaring lifestyle without an idea of what you want, you're likely to be disappointed. Do you want a cash allowance, and do you have a set amount in mind? Is it certain bills you want covered? Do you want gifts, shopping, and travel? Having a clear idea of what kind of "sugar," or exchange, you want for the relationship is key. How about the actual dating part — do you like dating older men? Because sugar daddies tend to be older than the women they date. How much time do you want to spend with your sugar daddy? And does your current lifestyle give you the freedom to do so?In my short time as a sugar baby so far, men have paid me $500 a date and bought me designer clothes, $400 dinners, and stays at 5-star hotels I could never afford on my ownRobert Kneschke / ShutterstockIn the six months since I became a sugar baby, I've started relationships with men who pay me $500 a date and have purchased me shoes and outfits from designers I could never afford on my own. I dined at restaurants where the bill was $400, and we'd still leave hungry. I spent weekends tucked away in five-star hotels, lazily ordering room service with cringeworthy markups. While I enjoy expensive dinners and staying in fancy hotels, ultimately I was searching for a friendly relationship that provides a cash allowance. Some men don't wish to provide an allowance, and I avoid meeting and dating those men, often called "experience daddies." It's worth noting you should never become a sugar baby just for the moneyAP Photo/Keith SrakocicIf you're considering sugar dating solely for the money, it will be much more stressful, since it'll become a second job.Sugar dating amplifies the faults of regular, or "vanilla," dating. You may receive messages from, go on first dates with, and be ghosted by far more men than in vanilla dating. And it's a bad idea to depend on sugar as a primary source of income, because there's never really any guarantee of stability.Additionally, financial desperation makes you vulnerable to malicious men who have no intentions to provide sugar, or it might influence you to date men you otherwise wouldn't consider having a relationship with.Anonymity is key for sugar babies and sugar daddies — I created an alter ego just for my online sugaring presenceVivek Prakash/ReutersIt's common practice to adopt a sugar identity separate from your real-life identity. My online profile uses a generic name, and I do not disclose my real identity — even after I meet my sugar daddy in person, in some cases. I'm glad I do that, since every sugar daddy I've met has similarly guarded his identity. I suggest creating an alter ego for anyone considering trying any sort of internet fringe dating, especially sugaring. Along the same lines, I signed up for a few anonymous messaging apps, as well as a fake number. Popular messaging apps for "moving the conversation off the website" include WhatsApp, Kik, Snapchat, WeChat, and Signal, but a phone number is often the preferred method. I suggest getting a Google Voice number attached to an anonymous email account.There's an art to making a sugar-baby profile — and certain precautions you have to takeSeekingArrangement user Simone ToonMarcus Hessenberg/BarcroftImages/Barcroft Media via Getty ImagesGetting started with a dating profile as a sugar baby is pretty simple. I described my personality and wrote a few charming epithets that I thought might be appealing to the kind of man I'd like to spend time with. The key thing is honesty, both in your self-descriptions and your pictures. While face-altering filters exist and can help mask your identity, apparently it's a turnoff for men. (And I've had men straight-up message me, "Thank goodness you don't have a dog-filter picture!")  I think the most common misconception about becoming a sugar baby is that sugar daddies are looking to date only 18-year-old blond models. This is largely untrue — being traditionally attractive certainly helps, but a sugar baby can look like any woman of just about any age. I don't get discouraged, and I try to attract only men who I think will find me attractive. Being deceptive with appearances will only hurt you later. The secrecy of the sugaring lifestyle means I have to be careful about the pictures I use on my dating profiles. Many sugar daddies will run a reverse-image search of sugar babies' profile pictures in an attempt to avoid scammers who are using photos from models and influencers. To protect my identity, I make sure not to use photos that exist anywhere on my social-media accounts. I have a strict "no cross-contamination" rule when it comes to photos. Also, I make sure I know which photos are viewable to the public and which are available by request only. I'll often check back and remove viewing privileges from certain men if the conversation didn't lead any further. I quickly learned some of the lingo that sugar babies and sugar daddies useRichard Levine/Corbis via Getty ImagesAfter dipping my toes in the sugaring community, I began to adopt the language used by sugar babies and sugar daddies in the online world. Sugar babies and sugar daddies are often referred to as SBs and SDs — partly for brevity's sake and partly because some people are weirded out by saying "baby" and "daddy."There's the "meet and greet," or M&G — the sugaring community's term for a first date. Usually, money doesn't change hands here, though it's not unusual for the sugar baby to receive a small gift. Some of the things I've received on my first dates include stuffed animals, books, and $300 cash.Some relationships are PPM, or "pay per meet" — in those arrangements, the sugar daddy gives the sugar baby a specified amount per date. In another type of relationship, sugar daddies give an "allowance" on a set schedule, like monthly or biweekly, either in cash or through a payment app like Venmo. Many relationships start out PPM, as it's less risky for the sugar daddy than setting up an allowance right away."Experience daddies" are the ones who don't pay sugar babies in money — just gifts like fine dining, hotel stays, and glamorous vacations. A "Splenda daddy" is a sugar daddy with a cheaper budget. And a "salt daddy" is just a jerk, especially if they're faking generosity just to get into your pants.And though the term's a bit crass, sugar babies have to be wary of what the community calls a "pump and dump" — the common occurrence of a false sugar daddy not providing any allowance or PPM, getting intimate with a sugar baby, and ghosting. To avoid falling victim to one of these, you should never initiate any intimacy with a sugar daddy unless you've already received your sugar.Before I meet up with any guy, I iron out the terms of our arrangementHero Images / Getty ImagesTo get what I was looking for out of a sugar relationship, I had to become comfortable bringing it up with men. There are plenty of men on the site trying to get laid free, so I learned to not assume they'd provide any financial compensation on their own. I would bring up the subject before the meet-and-greet. When I first began meeting men off the site, I was pretty timid about even mentioning an allowance — and regrettably realized they had no intention of sugaring me. Some people would say on their profiles that they "don't want anything transactional," usually meaning they don't want to pay for sex or dating — in fact, the word "transactional" in a profile is pretty much a red flag that sugar babies avoid at all costs.A lot of sugar daddies are married, which provides some challengesPavel Yavnik/ShutterstockThough there are no age limits for sugar babies and sugar daddies, it's common for a sugar daddy to be significantly older than the sugar baby. And in many cases, the sugar daddy is married.Having an extramarital sugar baby requires some level of discretion. Being recognized in public could cause either of you personal or professional distress, not to mention it could lower your sugaring prospects. Personally, I didn't have a problem dating sugar daddies who were married. After all, they were the ones who contacted me — and if they are willing to go through the effort of messaging me and agreeing on an arrangement, they'd be willing to do it for someone else.Related: 8 things I wish I knew before I got divorcedAll sugar babies have to decide how much of a commitment they want with their sugar daddiesShutterstockIt's important to be on the same page about how much of a time commitment you want in your sugaring relationship.Some sugar daddies want to meet several times a week, while others prefer once a month. I find myself liking the attention of men who enjoy hearing from me throughout the week but don't need my attention all day, every day. I certainly can enjoy the company of an older man and don't have qualms about being seen in public with a sugar daddy. It's a decision every person needs to make for themselves.There are a ton of safety concerns I have to keep in mind as a sugar baby — as well as scams that fake sugar daddies try to runWilliam Iven/UnsplashOn top of setting up a Google Voice number, there are several other safety precautions I had to take as I got deeper into the sugaring lifestyle.For one, it's always good to let people know where you are when you're meeting strangers from the internet. I tell all my dates that I have a friend I need to check in with on first dates, and I have never had a negative response to this. Everyone agrees — safety first.I also was very careful when accepting Uber rides or Venmo transactions early on in a relationship. Giving away your address or your regular Venmo handle is giving away free information. In an age where our phone apps hold so much personal information, being in control of the flow of your personal information is vital.When I first made my profile, I got an initial flood of messages from men. "How did they even find me?" I wondered. The answer is that scammers prey on new accounts. I learned to hold the excitement for a bit and I got comfortable recognizing and weeding out the scammy, copy-paste introductions.Additionally, I quickly realized that anyone who asks you for your bank information to send you money before you've met is a scammer. A common scam involves them sending a check or MoneyGram in excess of your allowance and asking you to purchase a gift card with the excess. This scam works on naive sugar babies who think they've received a large gift, when in reality they've cashed in on money that their bank will eventually find is fake, while the scammer walks away with a free gift card.Even after meeting, there are plenty of better methods to send you your allowance. No one needs your personal information to wire to your bank as if it's the 1990s. As the eternal truth stands — cash is king.I don't consider what I do sex work, but sugar babies have a range of opinions on itA prostitute waits for customers at a popular bar district in Shanghai June 7, 2003.Reuters/Claro Cortes IVLots of sugar babies shudder at the idea of what they do as sex work. I think of sugaring as an enjoyable deviance with a financial benefit, and while I don't consider it sex work, I understand why some might. When opening yourself up to fringe dating of any sort, you'll attract men with varying goals. Some men on SeekingArrangement are looking to spend $200 for a quick romp. Other men will want to provide a monthly allowance and business insight for their dates, have an intimate relationship, and even consider marriage down the line.I find myself somewhere in the middle. I don't enjoy one-night stands, and I definitely enjoy indulging in a relationship, but wouldn't consider something permanent with any of the men I've been on sugar dates with. Interestingly, not all sugar daddies want a sexual or intimate relationshipFlickr / Mikael MiettinenSome sugar babies will ask about platonic arrangements, being turned off by the idea of intimacy with a sugar daddy.Not surprisingly, most sugar daddies won't see the value in financially providing for a sugar baby without intimacy.That said, I have actually met two so far, but not because I went looking for such an arrangement. In one case, the man had some qualms about being intimate, so he paid me for an afternoon of tea and board games, and we had a lovely afternoon just not being lonely.You don't find these situations — they find you.And yes, 'sugar mamas' exist — but they're exceedingly hard to findShutterstock/DodokatOften on forums where sugaring is discussed, it's very common for newer sugar babies to ask for advice from the community. One of the most popular repeated posts are men looking for "sugar mamas."The overwhelming response is: Women do not need to pay for sex, and therefore, sugar mamas are next to impossible to find.That is not to say they don't exist, but they are the exception, not the rule. Being a sugar baby requires a lot of patience — but it's worth itSugar babies get cash and gifts to go on dates with their sugar daddies.Getty ImagesAs sugaring becomes more mainstream, the potential to have your time wasted by a Splenda daddy or a scammer increases. Becoming a sugar baby requires a great deal of patience and willingness to go on bad dates before you find someone you want to pursue a relationship with. But it can also be incredibly rewarding and a great deal of fun. I've taken multiple flights, received a wide range of allowances and gifts, and met some very interesting people during my short time as a sugar baby. The lifestyle may not be for everyone, but it works for me.This article was first published by Insider in 2019.Read the original article on Business Insider.....»»

Category: smallbizSource: nytAug 8th, 2022

Is Most-Watched Stock Opendoor Technologies Inc. (OPEN) Worth Betting on Now?

Opendoor Technologies Inc. (OPEN) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. Opendoor Technologies Inc. (OPEN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this company have returned +2.9% over the past month versus the Zacks S&P 500 composite's +8.3% change. The Zacks Technology Services industry, to which Opendoor Technologies Inc. belongs, has gained 33.5% over this period. Now the key question is: Where could the stock be headed in the near term?Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.Opendoor Technologies Inc. is expected to post a loss of $0.04 per share for the current quarter, representing a year-over-year change of -100%. Over the last 30 days, the Zacks Consensus Estimate has changed +11.1%.The consensus earnings estimate of $0.20 for the current fiscal year indicates a year-over-year change of +200%. This estimate has changed +19.2% over the last 30 days.For the next fiscal year, the consensus earnings estimate of $0.19 indicates a change of -8.3% from what Opendoor Technologies Inc. is expected to report a year ago. Over the past month, the estimate has changed +18.8%.Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Opendoor Technologies Inc. is rated Zacks Rank #2 (Buy).The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:12 Month EPSProjected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.For Opendoor Technologies Inc. the consensus sales estimate for the current quarter of $4.2 billion indicates a year-over-year change of +85.5%. For the current and next fiscal years, $17.69 billion and $21.02 billion estimates indicate +120.6% and +18.9% changes, respectively.Last Reported Results and Surprise HistoryOpendoor Technologies Inc. reported revenues of $4.2 billion in the last reported quarter, representing a year-over-year change of +254.2%. EPS of $0.19 for the same period compares with $0.01 a year ago.Compared to the Zacks Consensus Estimate of $4.15 billion, the reported revenues represent a surprise of +1.18%. The EPS surprise was +35.71%.The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.Opendoor Technologies Inc. is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Opendoor Technologies Inc. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term. How to Profit from the Hot Electric Vehicle Industry Global electric car sales in 2021 more than doubled their 2020 numbers. And today, the electric vehicle (EV) technology and very nature of the business is changing quickly. The next push for future technologies is happening now and investors who get in early could see exceptional profits. See Zacks' Top Stocks to Profit from the EV Revolution >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Opendoor Technologies Inc. (OPEN): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksAug 8th, 2022

Here is What to Know Beyond Why MercadoLibre, Inc. (MELI) is a Trending Stock

MercadoLibre (MELI) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects. MercadoLibre (MELI) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this operator of an online marketplace and payments system in Latin America have returned +44.6% over the past month versus the Zacks S&P 500 composite's +8.3% change. The Zacks Internet - Commerce industry, to which MercadoLibre belongs, has gained 11.6% over this period. Now the key question is: Where could the stock be headed in the near term?Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.MercadoLibre is expected to post earnings of $1.86 per share for the current quarter, representing a year-over-year change of -3.1%. Over the last 30 days, the Zacks Consensus Estimate has changed -11.7%.For the current fiscal year, the consensus earnings estimate of $6.24 points to a change of +273.7% from the prior year. Over the last 30 days, this estimate has changed -6%.For the next fiscal year, the consensus earnings estimate of $12.69 indicates a change of +103.4% from what MercadoLibre is expected to report a year ago. Over the past month, the estimate has changed -2.2%.Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, MercadoLibre is rated Zacks Rank #3 (Hold).The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:12 Month EPSRevenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.For MercadoLibre, the consensus sales estimate for the current quarter of $2.63 billion indicates a year-over-year change of +41.6%. For the current and next fiscal years, $10.36 billion and $13.35 billion estimates indicate +46.6% and +28.8% changes, respectively.Last Reported Results and Surprise HistoryMercadoLibre reported revenues of $2.6 billion in the last reported quarter, representing a year-over-year change of +52.5%. EPS of $2.43 for the same period compares with $1.37 a year ago.Compared to the Zacks Consensus Estimate of $2.47 billion, the reported revenues represent a surprise of +4.95%. The EPS surprise was +44.64%.Over the last four quarters, MercadoLibre surpassed consensus EPS estimates two times. The company topped consensus revenue estimates each time over this period.ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.MercadoLibre is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about MercadoLibre. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. How to Profit from the Hot Electric Vehicle Industry Global electric car sales in 2021 more than doubled their 2020 numbers. And today, the electric vehicle (EV) technology and very nature of the business is changing quickly. The next push for future technologies is happening now and investors who get in early could see exceptional profits. See Zacks' Top Stocks to Profit from the EV Revolution >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MercadoLibre, Inc. (MELI): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksAug 8th, 2022

Is Most-Watched Stock Lantheus Holdings, Inc. (LNTH) Worth Betting on Now?

Lantheus Holdings (LNTH) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects. Lantheus Holdings (LNTH) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this diagnostic imaging company have returned +15.9% over the past month versus the Zacks S&P 500 composite's +8.3% change. The Zacks Medical - Products industry, to which Lantheus Holdings belongs, has lost 20.5% over this period. Now the key question is: Where could the stock be headed in the near term?Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.Lantheus Holdings is expected to post earnings of $0.69 per share for the current quarter, representing a year-over-year change of +762.5%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.For the current fiscal year, the consensus earnings estimate of $3.08 points to a change of +528.6% from the prior year. Over the last 30 days, this estimate has remained unchanged.For the next fiscal year, the consensus earnings estimate of $3.62 indicates a change of +17.5% from what Lantheus Holdings is expected to report a year ago. Over the past month, the estimate has changed +0.6%.Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Lantheus Holdings is rated Zacks Rank #1 (Strong Buy).The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:12 Month EPSRevenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.For Lantheus Holdings, the consensus sales estimate for the current quarter of $204.91 million indicates a year-over-year change of +100.8%. For the current and next fiscal years, $828.56 million and $925.74 million estimates indicate +94.9% and +11.7% changes, respectively.Last Reported Results and Surprise HistoryLantheus Holdings reported revenues of $223.72 million in the last reported quarter, representing a year-over-year change of +121.4%. EPS of $0.89 for the same period compares with $0.11 a year ago.Compared to the Zacks Consensus Estimate of $203.98 million, the reported revenues represent a surprise of +9.68%. The EPS surprise was +27.14%.The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.Lantheus Holdings is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Lantheus Holdings. However, its Zacks Rank #1 does suggest that it may outperform the broader market in the near term. How to Profit from the Hot Electric Vehicle Industry Global electric car sales in 2021 more than doubled their 2020 numbers. And today, the electric vehicle (EV) technology and very nature of the business is changing quickly. The next push for future technologies is happening now and investors who get in early could see exceptional profits. See Zacks' Top Stocks to Profit from the EV Revolution >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lantheus Holdings, Inc. (LNTH): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksAug 8th, 2022

Is Most-Watched Stock BP p.l.c. (BP) Worth Betting on Now?

BP (BP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects. BP (BP) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this oil and gas company have returned +6.5% over the past month versus the Zacks S&P 500 composite's +8.3% change. The Zacks Oil and Gas - Integrated - International industry, to which BP belongs, has gained 5.6% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.For the current quarter, BP is expected to post earnings of $2.10 per share, indicating a change of +112.1% from the year-ago quarter. The Zacks Consensus Estimate has changed +3.3% over the last 30 days.The consensus earnings estimate of $8.27 for the current fiscal year indicates a year-over-year change of +116.5%. This estimate has changed +10.5% over the last 30 days.For the next fiscal year, the consensus earnings estimate of $6.34 indicates a change of -23.3% from what BP is expected to report a year ago. Over the past month, the estimate has changed +8.5%.With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #1 (Strong Buy) for BP.The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:12 Month EPSRevenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.For BP, the consensus sales estimate for the current quarter of $59.46 billion indicates a year-over-year change of +57%. For the current and next fiscal years, $240.78 billion and $245.85 billion estimates indicate +46.6% and +2.1% changes, respectively.Last Reported Results and Surprise HistoryBP reported revenues of $69.51 billion in the last reported quarter, representing a year-over-year change of +84.9%. EPS of $2.61 for the same period compares with $0.83 a year ago.Compared to the Zacks Consensus Estimate of $52.89 billion, the reported revenues represent a surprise of +31.41%. The EPS surprise was +18.64%.The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates two times over this period.ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.BP is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about BP. However, its Zacks Rank #1 does suggest that it may outperform the broader market in the near term. How to Profit from the Hot Electric Vehicle Industry Global electric car sales in 2021 more than doubled their 2020 numbers. And today, the electric vehicle (EV) technology and very nature of the business is changing quickly. The next push for future technologies is happening now and investors who get in early could see exceptional profits. See Zacks' Top Stocks to Profit from the EV Revolution >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BP p.l.c. (BP): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksAug 8th, 2022

Visualizing The Top 25 US Newspapers By Daily Circulation

Visualizing The Top 25 US Newspapers By Daily Circulation A few years ago, you would have unfolded your newspaper and read opinion and analysis like this. Those days are gone. As Visual Capitalist's Avery Koop details below, most people today - more than 8 in 10 Americans - get their news via digital devices, doing their reading on apps, listening to podcasts, or scrolling through social media feeds. It’s no surprise then that over the last year, only one U.S. newspaper of the top 25 most popular in the country saw positive growth in their daily print circulations. Based on data from Press Gazette, this visual stacks up the amount of daily newspapers different U.S. publications dole out and how that’s changed year-over-year. Extra, Extra – Read All About It The most widely circulated physical newspaper is the Wall Street Journal (WSJ) by a long shot - sending out almost 700,000 copies a day. But it is important to note that this number is an 11% decrease since 2021. These papers, although experiencing negative growth when it comes to print, are still extremely popular and widely-read publications digitally—not only in the U.S., but worldwide. For example, the New York Times reported having reached 9 million subscribers globally earlier this year. The one paper with increased print circulation was The Villages Daily Sun, which operates out of a retirement community in Florida. Elderly people tend to be the most avid readers of print papers. Another Florida newspaper, the Tampa Bay Times, was the worst performer at -26%. In total, 2,500 U.S. newspapers have shut down since 2005. One-third of American newspapers are expected to be shuttered by 2025. This particularly impacts small communities and leaves many across America in ‘news deserts.’ The decline is relentless. Print papers are losing one out of eight subscribers every year. Their daily circulation, over 63 million at its peak in the 1980s, is now about one-third that size. Over 25% of all American newspapers have died in the past 15 years. As Charles Lipson observes at RealClearPolitics.com, some observers, especially conservative ones, have cast a skeptical eye on this contemporary media landscape and blamed the decline of print publications on “woke” newsrooms. They are mistaking the cart for the horse. It’s true that most newsrooms are woke, woke, woke. So are elite law firms, consulting firms, social media giants, entertainment companies, advertising firms, university faculty, and so on. Their employees, having completed their ideological training at places like Harvard, Brown, and Oberlin, tell us their pronouns in every email and wonder if Bernie Sanders might be too moderate. They dominate today’s journalism, and their dominance is reflected in their papers’ content. In a country that is evenly split between left and right, that tilt leaves a lot of readers unhappy, and some have undoubtedly dropped their subscriptions. Some papers also died during the pandemic, though most were already facing bleak futures. But the coronavirus and ideological bias are not the main reasons why print papers are on the road to oblivion. They are on that road because technological innovation devastated their old business model. This technological shift actually encourages newsroom bias. Why? Because, as online sites proliferate, readers can easily gravitate to those that reflect their views. This self-selection reinforces the sites’ incentives to tailor their content to keep those users and attract more like-minded ones. In this segmented market, with lots of different niches, news organizations pick their target audience. For MSNBC, that audience is progressive. The channel wants to attract more of them, not challenge their views or garner a few conservatives. By contrast, PJ Media is trying to reach more conservatives, not futilely chasing progressives. That’s Marketing 101. The problem for journalism is that this “niche” logic has distorted general-interest papers, like the Los Angeles Times. It gives free rein to ideological bias among reporters and editors, muddling their editorial perspective with “hard news” coverage. The logic behind this bias is powerful. All of us are attracted to sites that confirm our views and buttress them with friendly content. Social scientists call it “confirmation bias.” Now that we have so many alternative news sources, that bias drives our choices, from CNN to Fox News. And it drives those outlets to produce content their viewers find ideologically appealing, not challenging. There are some exceptions, of course, like RealClearPolitics, which aggregates and produces opinion pieces from left, right, and center and hires reporters to write the news of day straight. But this even-handedness is rare. Most outlets have slipped into comfortable ideological niches. The result is landscape littered with “news silos,” each appealing to its chosen market segment. The social and political effects are far-reaching. As news consumers, we have more options than ever (good), but we are increasingly insulated from opposing views (bad). The days of general-interest local papers like the Memphis Commercial-Appeal are gone. Those of big-city papers like the Chicago Tribune are fading fast. We are hunkering down in our silos, where never is heard a discouraging word, at least not about “our side.” This insularity is bound to deepen our country’s ideological divide. That’s very bad news indeed. Tyler Durden Sun, 08/07/2022 - 19:00.....»»

Category: dealsSource: nytAug 7th, 2022

Things You Will Never See

Things You Will Never See Authored by Peter Tchir via Academy Securities, Things You Will Never See You will never see a “Make China Great Again” hat because China has always been about making China great. Whatever illusions we have had to the contrary are continually getting chipped away and nothing about the events of this past week gives me comfort on the longer-term trajectory of how we will conduct business with China. Hopefully I’m overly pessimistic, but at the moment, it seems like many of Academy’s views on the direction that China is heading continue to play out in real time. No similar Russian hats either, as every day is Make Russia Great Again, at least in Putin’s eyes and via state media. Also, I think that given what we’ve seen with India buying Russian commodities, Brazil signing up for Russian diesel, and various other countries aligning themselves to trade with parties most beneficial to themselves (and their people/their leaders), we won’t see hats like this from other countries. There was a lot wrong with how the Make America Great Again theme was presented. It was crass and vulgar, but I just can’t help but believe the fact that so many other countries are taking the same concept and ignoring this behavior (or pretending it doesn’t happen) will lead us to poor longer-term decisions. I am not trying to make a political statement. I do not want to condone one sort of behavior over another. But I do want to shock you! I could not think of a better image to draw your attention to something that is not only shaping the global economy, but is accelerating that re-shaping as this not-so-subtle message sinks in. I’m still a big believer that we are re-shaping supply chains around “closeness” where “closeness” will mean politically aligned, morally aligned, and/or includes geographic proximity as physical closeness offers at least the perception of better security. Things You Don’t See Often Moving away from the potentially politically charged first paragraph, there are some things that I don’t expect to see (at least not often), but we saw them last week: The 2-year Treasury yield going 20 bps higher in a morning on Fedspeak, only to get back to unchanged with very little in the way of explanation. Very aggressive military exercises by China around Taiwan. Made in Taiwan, China, or Chinese Taipei labels. I still haven’t seen the labels, but it sounds like China is attempting to enforce some existing rules on how products being imported from Taiwan into mainland China must be labelled. This seems like yet another step to prepare the world to accept that Taiwan is just another part of China (even while China treats the goods as “imports”). All a bit strange, but worth watching. Very inconsistent employment data. We had an epic beat on jobs on Friday – more than double the average estimate and over 200,000 stronger than the highest estimate. Anecdotally, no matter what you think of Wall Street economists, they usually aren’t that far off. My experience, which is purely subjective and based on my own recollections, is that more often than not, the data gets revised closer to where the Street was, rather than the other way around. Not always, but that is my gut on how it works. The Household data wasn’t as strong and ADP didn’t print as they are in the middle of changes, but they too had been lagging the Establishment Survey. There are always deviations in the various reports, but since April (4 reports) the Establishment Survey says we’ve created 1.7 million jobs, while the Household Survey says we’ve lost almost 200 thousand jobs! What is 2 million jobs between friends? Even if they meet in the middle, job growth isn’t likely as strong as the headline, but the unemployment rate may be much lower than the headline (unemployment rates are based on the Household data). There was progress on a sustainable energy bill where China will be a big beneficiary given their dominance in solar panels and strength in battery production. Ironically, this is just as China steps away from working with the U.S. on climate change efforts and a lot of questions remain about how “clean” the production is of these “clean” energy sources. Okay, I will admit that, as a cynic, this is more par for the course than something I wouldn’t expect to see. The concept of growing both traditional and sustainable energy production is something I’ve supported, but the current bill seems to barely scratch the surface, some seemingly obvious solutions are left out, and it doesn’t seem like it is enough to ensure that the supplies are coming from suppliers that fit the overall aims of the goal. I also believe that this bill will be inflationary, at least during the buildout stage, which I think is okay as the “no pain, no gain” mantra comes to mind and if we are really going to “fix” things, there will be some short-term pain we are likely to endure. Inventory Builds and Curve Inversion. On Thursday we published our concerns about Inversion and Inventories. My biggest concern for the economy is the inventory build-out. Unlike the jobs data, the inventory data is unequivocal, it is rising rapidly, and will need an uptick in spending from consumers and companies to right itself (which is why the jobs data is so important). The inversion, which is a second order concern to me, saw 2s vs 10s finish at -40 bps, which is pretty extreme by historical standards. A large asset manager and crypto focused company announced plans to partner and bitcoin barely budged. That sort of headline (a couple of years ago) would have sent crypto much higher in my opinion, so it is curious (not in a good way) that it didn’t respond strongly. I am sure I could go on with a list of unusual sightings, but that covers it for now. Bottom Line I wanted the hat to shock you, but not offend you. Apologies if I offended anyone as my intention is not to get cancelled, but really to get a visceral reaction when thinking about where we are across the globe when what was once “just” economic competition seems to be sliding rapidly into geopolitical tension. The employment data is going to force the Fed to continue to sound hawkish. Wage pressures were evident, which would be consistent with a lower unemployment rate if the Household side had missed a lot of jobs. Everyone seems to have a whisper number for CPI that is much lower than the expected estimate. That could take some pressure off of the Fed, especially with commodity prices weak (energy led the way lower with WTI down 10% this week, but weakness was apparent throughout most of the commodity complex). Could bonds and equities rally on a weaker than expected CPI number? Yes, but that seems largely priced in, and I think that the Fed will have to pay more attention to jobs and wage inflation than any decrease in CPI. However, I’m willing to bet there is a chance that before year-end, we are freaking out about deflation rather than fighting inflation, but that is for another day, and certainly a day when China isn’t displaying their might in the region. If anything escalates with China (even just on the trade side), it will hit markets rapidly. With the 10-year back to 2.83% we can nibble again. Momentum right now is pushing to slightly higher yields, but CPI does seem likely to assuage markets. Consumers and inventories will play a big role in driving yields lower (if I’m correct), but that isn’t a “tomorrow” story necessarily. The S&P 500 was up 0.4% last week, with the NASDAQ and Russell 2000 both up around 2%. I still like owning puts and calls and waiting for a breakout. Disruptive stocks had a very strong week, including on Friday when higher yields gave them an excuse to perform poorly (but they didn’t). That price action on Friday was encouraging because it seemed more like a true risk-taking day rather than a bear market rally short squeeze. I think that pattern is too early, but I respect it and am intrigued at the possibility. I continue to like credit and I am hearing more and more “yield” investors are scouring through the universe of high-quality investment grade corporate bonds that trade at relatively low dollar prices (because of the move in yields, not spreads). This follows our “QT” work and allows people to achieve similar returns with lower risk, so that trend should continue. The only caveat to this is that it seems to offer better support to the secondary market than the primary market as this low dollar price is both important and only available in the secondary. It is supportive of the primary, but the secondary will lead the way. Europe remains an issue. European credit spreads (ITRX MAIN) widened a touch while U.S. CDS spreads were unchanged. European stocks were unchanged while the EUR continues to languish near par. I am not sure what it will take for Europe to bounce (probably extraordinary supportive bond buying programs), but until that happens, it will function as an anchor for markets globally. While I like commodities and emerging markets, the sectors that seem to have the best risk reward (too much bad priced in, too little good) are financials (European financials in particular) and homebuilders / real estate. Good luck and this seems like it has already been a long and tiring year and I don’t see the volatility and flip flopping between fear and greed changing anytime soon, especially as we all fixate more and more on where we are potentially headed with China. Tyler Durden Sun, 08/07/2022 - 14:30.....»»

Category: personnelSource: nytAug 7th, 2022