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Shannon Tokheim, Associate Editor at MarketBeat

Articles Reviewed by Shannon Tokheim - Page 106

Stock market data candlesticks rising
July 3, 2024 5:26 AM ET

Analysts and Earnings Propel the S&P 500's Continuous Growth

Thomas Hughes

The S&P 500 is struggling with resistance now but will likely set a new high soon and sustain a rally through year's end, driven by AI.

NASDAQ:NVDANASDAQ:MSFTNASDAQ:AAPL
Read Analysts and Earnings Propel the S&P 500's Continuous Growth
logo from the cyber security company CrowdStrike Holdings seen displayed on a smartphone
July 3, 2024 5:23 AM ET

CrowdStrike Stock Soars, Outpacing Palo Alto in Cybersecurity

Leo Miller

CrowdStrike is an AI-powered cybersecurity company. The firm has had impressive financial results. It trades at a higher multiple than rival Palo Alto Networks.

NASDAQ:CRWDNASDAQ:PANWNASDAQ:MSFT
Read CrowdStrike Stock Soars, Outpacing Palo Alto in Cybersecurity
McCormick seasonings for sale inside a grocery store
July 3, 2024 5:20 AM ET

McCormick Stock Q2: EPS Beat on Rising Margins, Falling Sales

Leo Miller

McCormick & Company beat EPS estimates by 10 cents despite lower sales due to increased margins. The company could benefit from rebounding grocery sales growth.

NYSE:MKCNASDAQ:KHCNYSE:CAG
Read McCormick Stock Q2: EPS Beat on Rising Margins, Falling Sales
Onsemi logo sign on building
July 3, 2024 5:18 AM ET

Onsemi Stock Hits Bottom; Rebound in the Works

Thomas Hughes

Onsemi is set up for a rebound that could begin later this month after it reports earnings. Analysts have lowered the bar and set Onsemi up to outperform.

NASDAQ:ON
Read Onsemi Stock Hits Bottom; Rebound in the Works
crowdstrike logo on smartphone screen
July 3, 2024 5:16 AM ET

3 Cybersecurity Stocks to Watch: CrowdStrike, Zscaler, Fortinet

Ryan Hasson

Several cybersecurity stocks have shown fundamental solid performance, with growing earnings and now presenting a favorable risk-reward setup.

NYSEARCA:HACKNASDAQ:ZSNASDAQ:CRWD
Read 3 Cybersecurity Stocks to Watch: CrowdStrike, Zscaler, Fortinet
NVIDIA logo sign on building
July 3, 2024 5:14 AM ET

NVIDIA Stock: Priced for Perfection or Poised for a Correction?

Jeffrey Neal Johnson

Nvidia's stock performance reflects a delicate balance between strong growth in AI and the potential risks associated with its lofty valuation.

NASDAQ:NVDANASDAQ:MSFTNASDAQ:AAPL
Read NVIDIA Stock: Priced for Perfection or Poised for a Correction?
interior of sporting goods outdoor store
July 3, 2024 5:13 AM ET

Vista Outdoor Eyes Takeover Offers: Time to Buy VSTO Stock?

Jea Yu

Vista Outdoor Inc. (NYSE: VSTO) is an outdoor products company comprised of many brands in the sporting and outdoor category. While other outdoor stocks

NYSE:VSTONYSE:VFCNYSE:GOOS
Read Vista Outdoor Eyes Takeover Offers: Time to Buy VSTO Stock?
BJ's Wholesale Club store logo sign
July 3, 2024 5:07 AM ET

Does BJ's Wholesale Club Stock Have More Room to Grow?

Jea Yu

BJs Wholesale Club Holding Inc. (NYSE: BJ) is a membership-only warehouse club operating on the East Coast of the United States. The company operates 244 clubs

NYSE:BJNASDAQ:COSTNYSE:TGT
Read Does BJ's Wholesale Club Stock Have More Room to Grow?
syringes, pills, fat
July 3, 2024 5:00 AM ET

Altimmune Stock: Is Its GLP-1 Drug the Next Ozempic Killer?

Jea Yu

Clinical-state biopharmaceutical company Altimmune Inc. (NASDAQ: ALT) focuses on developing peptide-based therapeutics for obesity and chronic liver diseases

NASDAQ:ALTNYSE:LLYNYSE:NVO
Read Altimmune Stock: Is Its GLP-1 Drug the Next Ozempic Killer?
semi truck and shipping boxes
July 2, 2024 10:09 AM ET

RXO Shares Surge Following New Acquisition Deal

Gabriel Osorio-Mazilli

RXO stock is looking to double its reach in the transportation sector, after the company announced a new acquisition that will double and triple its drivers

NYSE:RXONYSE:KNXNYSE:UPS
Read RXO Shares Surge Following New Acquisition Deal
Buy the dips
July 2, 2024 9:53 AM ET

3 Stock Dips Insiders Are Buying: Vestis, Shenandoah, Treace

Thomas Hughes

Insiders are buying the dips in these three stocks, which suggests a rebound is coming. There are reasons the market dipped, but the sell-offs are overdone.

NASDAQ:TMCINASDAQ:SHENNYSE:VSTS
Read 3 Stock Dips Insiders Are Buying: Vestis, Shenandoah, Treace
Amgen sign at biopharmaceutical company office
July 2, 2024 8:51 AM ET

Biotech Stock Breakout: IBB Eyes Resistance with Amgen and Vertex

Ryan Hasson

The biotech sector (IBB) is trading just 3% away from its 52-week high and a significant resistance level, suggesting a potential breakout.

NASDAQ:VRTXNASDAQ:AMGNNASDAQ:IBB
Read Biotech Stock Breakout: IBB Eyes Resistance with Amgen and Vertex
bars of silver
July 2, 2024 8:17 AM ET

3 Mining Stocks to Watch as Silver Prices Reach 12-Year High

Gabriel Osorio-Mazilli

Three mining stocks are looking to make a breakout soon, as silver prices reach levels not seen since 2012. Institutions like them and analysts back them

NYSE:PAASNYSE:CDENYSE:AG
Read 3 Mining Stocks to Watch as Silver Prices Reach 12-Year High
Guidewire Software logo seen displayed on a smartphone
July 2, 2024 8:04 AM ET

Guidewire Software Stock Up 150%: Rally Is Just Starting

Thomas Hughes

Guidewire's cloud-based B2B SaaS operations are resonating within an industry ripe for automation and AI insights; forecasts are robust and cautious.

NYSE:GWRE
Read Guidewire Software Stock Up 150%: Rally Is Just Starting
Amazon logo on smartphone screen shopping carts and boxes
July 2, 2024 7:05 AM ET

The Top 4 Magnificent 7 Stocks to Buy in the Year's Second Half

Chris Markoch

As investors rotated out of NVDA, they rotated into other Magnificent 7 stocks, which could continue their rally in the second half of 2024

NASDAQ:AMZNNASDAQ:METANASDAQ:AAPL
Read The Top 4 Magnificent 7 Stocks to Buy in the Year's Second Half
Rolls of steel in warehouse
July 2, 2024 7:05 AM ET

Steel Dynamics Stock is Up 9.6% While Its Peers Are Rusting

Jea Yu

While most steel producer stocks are trading down in 2024, Steel Dynamics Inc. (NASDAQ: STLD) is an exception. Its stock is trading up 9.1% year-

NASDAQ:STLDNYSE:NUENYSE:CLF
Read Steel Dynamics Stock is Up 9.6% While Its Peers Are Rusting
Snowflake logo on smartphone screen
July 2, 2024 5:20 AM ET

Snowflake Stock Rebounds, Flies Higher on AI Spending

Jea Yu

Artificial intelligence (AI) data cloud provider Snowflake Inc. (NYSE: SNOW) has had a series of misfortunate events ranging from an earnings miss to data

NYSE:SNOWNASDAQ:GOOGLNASDAQ:GOOG
Read Snowflake Stock Rebounds, Flies Higher on AI Spending
Penny stock stacks
July 2, 2024 5:17 AM ET

Complete Solaria, Senti, and POET: 3 High Volume Penny Stocks

Thomas Hughes

Penny stocks are risky, but follow the money to find winners. Stocks with significant volume spikes may have what it takes for higher share prices.

NASDAQ:NVDANASDAQ:AMDNASDAQ:MU
Read Complete Solaria, Senti, and POET: 3 High Volume Penny Stocks
Logo sign of Pharmaceutical Corporation Pfizer building
July 2, 2024 5:15 AM ET

Pfizer Stock is Ready to Stage a Turnaround on GLP-1 Hopes

Jea Yu

Pharmaceutical giant Pfizer Inc. (NYSE: PFE) has been trying to enter the weight-loss treatment trend dominated by GLP-1 drug makers like Ozempic and Wegovy

NYSE:PFENYSE:NVONYSE:LLY
Read Pfizer Stock is Ready to Stage a Turnaround on GLP-1 Hopes
solaredge stock logo on smartphone screen
July 2, 2024 5:13 AM ET

The 2 Most Downgraded Stocks: Sell One, Buy the Other

Thomas Hughes

Analysts lowered their targets for these stocks, setting up a selling opportunity and a buying opportunity that could pay off by double-digits by early 2025.

NASDAQ:SEDGNASDAQ:WDAY
Read The 2 Most Downgraded Stocks: Sell One, Buy the Other
Fortinet Inc logo displayed on mobile phone hidden in jeans pocket
July 2, 2024 5:12 AM ET

Fortinet: An Undervalued Cybersecurity Stock Worth Owning

Jea Yu

Leading cybersecurity provider Fortinet Inc. (NASDAQ: FTNT) stock has been lagging behind its peers and the benchmark indexes, trading up just 3

NASDAQ:FTNTNYSE:BABANYSE:ORCL
Read Fortinet: An Undervalued Cybersecurity Stock Worth Owning
PulteGroup logo stock market on smartphone screen
July 2, 2024 5:00 AM ET

3 Homebuilder Stocks on Edge: Will the Sector Hold Its Ground?

Ryan Hasson

The homebuilder's sector, represented by the XHB ETF, shows signs of a potential pullback as it hovers near critical support levels.

NYSEARCA:XHBNYSE:TOLNYSE:PHM
Read 3 Homebuilder Stocks on Edge: Will the Sector Hold Its Ground?
first solar logo and stock market on smartphone screen
July 2, 2024 5:00 AM ET

AI Boosts 3 Renewable Stocks: First Solar, Enphase, Nextracker

Thomas Hughes

Solar panels and technology are booming due to rising demand from the data center and AI industry; these stocks are poised to rise by double-digits.

NASDAQ:ENPHNASDAQ:NXTNASDAQ:FSLR
Read AI Boosts 3 Renewable Stocks: First Solar, Enphase, Nextracker
Chewy logo is displayed on a smartphone
July 1, 2024 9:30 AM ET

Is Chewy Stock a Value Play or a Risky Bet Like GameStop?

Gabriel Osorio-Mazilli

Chewy stock is showing Wall Street why it deserves to see double-digit upside in the months to come, recent financial results are nothing but bullish

NYSE:CHWYNYSE:GMENYSE:AMC
Read Is Chewy Stock a Value Play or a Risky Bet Like GameStop?