Articles from StockStory
Broadcom (AVGO) Shares Skyrocket, What You Need To Know
Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO)
jumped 21.3% in the morning session after the company posted strong third-quarter (FQ4 2024) results, with revenue and EPS surpassing Wall Street's expectations. Revenue rose 51% compared to the prior year, fueled by strong contributions from VMWare. Given the strong top-line growth, operating margins climbed to 63%, though semiconductor gross margins softened slightly due to a higher mix of AI-driven products.
AI emerged as a centerpiece of Broadcom's strategy, generating $3.7 billion in revenue during the quarter—a 150% increase year-on-year—and representing a substantial portion of semiconductor sales. This highlights the company's growing dependence on AI technologies as a driver of future growth.
Via StockStory · December 13, 2024
Why Is Upstart (UPST) Stock Soaring Today
Shares of aI-powered lending platform Upstart (NASDAQ:UPST)
jumped 15.1% in the afternoon session after Needham analysts upgraded the stock from Hold to Buy and assigned a price target of $100. Following UPST's recent earnings, the analysts added, "Coming off the meetings, we believe that UPST has achieved a proper balance in funding, largely due to the increased appetite and partnerships with committed capital buyers.".
Via StockStory · December 13, 2024
RH (RH) Stock Trades Up, Here Is Why
Shares of luxury furniture retailer RH (NYSE:RH) jumped 19.4% in the pre-market session after the company reported strong third-quarter results. It was great to see RH raise its full-year revenue and EBITDA guidance. Notably, demand for RH's products accelerated in the quarter, and continued to strengthen into the final quarter of the year, a positive growth indicator amid recent macroeconomic challenges. On the other hand, this quarter's gross margin and EBITDA fell short of Wall Street's estimates while revenue was in line, but the market seemed to weigh the outlook more.
Via StockStory · December 13, 2024
Confluent (CFLT): Buy, Sell, or Hold Post Q3 Earnings?
Confluent trades at $30.88 per share and has stayed right on track with the overall market, gaining 10.9% over the last six months. At the same time, the S&P 500 has returned 11.5%.
Via StockStory · December 13, 2024
Unpacking Q3 Earnings: MSC Industrial (NYSE:MSM) In The Context Of Other Maintenance and Repair Distributors Stocks
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at maintenance and repair distributors stocks, starting with MSC Industrial (NYSE:MSM).
Via StockStory · December 13, 2024
Q3 Earnings Roundup: Sherwin-Williams (NYSE:SHW) And The Rest Of The Building Materials Segment
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the building materials industry, including Sherwin-Williams (NYSE:SHW) and its peers.
Via StockStory · December 13, 2024
Reflecting On Semiconductors Stocks’ Q3 Earnings: Seagate Technology (NASDAQ:STX)
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the semiconductors industry, including Seagate Technology (NASDAQ:STX) and its peers.
Via StockStory · December 13, 2024
Winners And Losers Of Q3: Nextdoor (NYSE:KIND) Vs The Rest Of The Social Networking Stocks
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at social networking stocks, starting with Nextdoor (NYSE:KIND).
Via StockStory · December 13, 2024
Spotting Winners: J&J Snack Foods (NASDAQ:JJSF) And Shelf-Stable Food Stocks In Q3
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the shelf-stable food industry, including J&J Snack Foods (NASDAQ:JJSF) and its peers.
Via StockStory · December 13, 2024
Q3 Earnings Roundup: Figs (NYSE:FIGS) And The Rest Of The Apparel and Accessories Segment
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the apparel and accessories industry, including Figs (NYSE:FIGS) and its peers.
Via StockStory · December 13, 2024
Q3 Earnings Recap: Clorox (NYSE:CLX) Tops Household Products Stocks
Let’s dig into the relative performance of Clorox (NYSE:CLX) and its peers as we unravel the now-completed Q3 household products earnings season.
Via StockStory · December 13, 2024
Q3 Earnings Highs And Lows: Braze (NASDAQ:BRZE) Vs The Rest Of The Sales And Marketing Software Stocks
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Braze (NASDAQ:BRZE) and its peers.
Via StockStory · December 13, 2024
Winners And Losers Of Q3: BlackLine (NASDAQ:BL) Vs The Rest Of The Finance and HR Software Stocks
Let’s dig into the relative performance of BlackLine (NASDAQ:BL) and its peers as we unravel the now-completed Q3 finance and HR software earnings season.
Via StockStory · December 13, 2024
Semiconductor Manufacturing Stocks Q3 Teardown: Amtech (NASDAQ:ASYS) Vs The Rest
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Amtech (NASDAQ:ASYS) and the best and worst performers in the semiconductor manufacturing industry.
Via StockStory · December 13, 2024
Three Reasons Why WEN is Risky and One Stock to Buy Instead
Wendy's currently trades at $17.26 per share and has shown little upside over the past six months, posting a middling return of 2.4%. The stock also fell short of the S&P 500’s 11.9% gain during that period.
Via StockStory · December 13, 2024
Texas Roadhouse (TXRH): Buy, Sell, or Hold Post Q3 Earnings?
Texas Roadhouse has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 11.7% to $191.24 per share while the index has gained 11.9%.
Via StockStory · December 13, 2024
Molson Coors (TAP): Buy, Sell, or Hold Post Q3 Earnings?
Over the past six months, Molson Coors has been a great trade, beating the S&P 500 by 9.3%. Its stock price has climbed to $60.94, representing a healthy 21.2% increase. This performance may have investors wondering how to approach the situation.
Via StockStory · December 13, 2024
3 Reasons to Sell KRUS and 1 Stock to Buy Instead
Kura Sushi currently trades at $101.71 and has been a dream stock for shareholders. It’s returned 297% since December 2019, more tripling the S&P 500’s 91.2% gain. The company has also beaten the index over the past six months as its stock price is up 23% thanks to its solid quarterly results.
Via StockStory · December 13, 2024
Three Reasons to Avoid HGV and One Stock to Buy Instead
Since June 2024, Hilton Grand Vacations has been in a holding pattern, posting a small loss of 1.9% while floating around $40.28. The stock also fell short of the S&P 500’s 11.9% gain during that period.
Via StockStory · December 13, 2024
3 Reasons to Sell GBX and 1 Stock to Buy Instead
Over the past six months, Greenbrier has been a great trade, beating the S&P 500 by 23.4%. Its stock price has climbed to $67.74, representing a healthy 35.3% increase. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
Via StockStory · December 13, 2024
3 Reasons to Sell FOXA and 1 Stock to Buy Instead
FOX has been on fire lately. In the past six months alone, the company’s stock price has rocketed 42%, reaching $47.34 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Via StockStory · December 13, 2024
Three Reasons Why CECO is Risky and One Stock to Buy Instead
CECO currently trades at $31 and has been a dream stock for shareholders. It’s returned 282% since December 2019, more tripling the S&P 500’s 91.2% gain. The company has also beaten the index over the past six months as its stock price is up 28.6%.
Via StockStory · December 13, 2024
CBRE (CBRE): Buy, Sell, or Hold Post Q3 Earnings?
CBRE has been on fire lately. In the past six months alone, the company’s stock price has rocketed 57%, reaching $139.81 per share. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Via StockStory · December 13, 2024
Two Reasons to Watch CACI and One to Stay Cautious
CACI has been treading water for the past six months, recording a small loss of 1.4% while holding steady at $419.49. The stock also fell short of the S&P 500’s 11.9% gain during that period.
Via StockStory · December 13, 2024
Two Reasons to Like CALM (and One Not So Much)
What a fantastic six months it’s been for Cal-Maine. Shares of the company have skyrocketed 81.6%, setting a new 52-week high of $106.88. This performance may have investors wondering how to approach the situation.
Via StockStory · December 13, 2024