$169.15 +1.57 (+0.94%) (As of 07/8/2024 ET) 52-Week Range $149.58 ▼ $187.22 Dividend Yield 0.78% P/E Ratio 24.69 Price Target $186.00 UniFirst NYSE: UNF is a quality business with savvy management working hard to improve shareholder value. The efforts include upgrading technology to the latest in enterprise resource planning (ERP) and customer relationship management (CRM) software,…
Walgreens Boots Alliance NASDAQ: WBA is a global leader in integrated healthcare, pharmacy, and retail. The company recently released its earnings report for the third quarter of 2024, raising questions about its ability to navigate a challenging market environment and achieve sustainable growth. WBA Walgreens Boots Alliance $10.82 -0.44 (-3.91%) (As of 07/8/2024 ET) 52-Week Range $10.77 ▼…
Some investors have shied away from looking at consumer discretionary stocks as the U.S. consumer struggles with inflation pressures and an uncertain timeline as to whether the Federal Reserve will actually sweep in to cut interest rates this year. In addition to this bearish view, U.S. consumer sentiment readings have been lower for another month…
BlackBerry NYSE: BB, one of the many companies that was once part of the “meme stocks” craze, is a technology firm that has transitioned its business from its handheld devices of the 2000s. The firm’s operations now revolve around cybersecurity and Internet of Things (IoT) solutions. With a market capitalization of $1.5 billion, it’s still…
PRGS Progress Software $54.36 -0.72 (-1.31%) (As of 07/8/2024 ET) 52-Week Range $48.00 ▼ $62.34 Dividend Yield 1.29% P/E Ratio 33.15 Price Target $63.14 Progress Software NASDAQ: PRGS is a technology company within the systems software sub-industry. The stock reached its 2024 low on Jun. 20, when it was down nearly 11% year to date. The…
Despite what most market investors may believe, the new business model taking over the consumer discretionary sector and even the financial industry is here to stay much longer. Known as buy now, pay later (BNPL), this business model is precisely what today’s consumer needs as the U.S. economy remains somewhat directionless. $28.15 -0.40 (-1.40%) (As of…
Micron NASDAQ: MU shares fell a significant 5% in after-market trading due to its Q3 results and guidance for Q4. However, nothing in the report gives cause to sell and every reason to buy. The results were better than expected; the company revealed market share gains in the critical data center/AI market, and the guidance…
A 4% pop yesterday put Amazon.com Inc NASDAQ: AMZN shares at a new record high and on the verge of a major milestone. After closing at $193.61, they’re just a 3% move away from hitting $200 for the first time ever. It also means that they’re now up more than 30% since the start of…
Whirlpool NYSE: WHR shares surged 20% on word that it would receive a takeover bid from Bosch. However, the initial price action suggests this is a buy-the-rumor-sell-the-news event, so investors should be cautious. While a catalyst for higher share prices, the offer has yet to be tendered, and there are reasons to believe Whirlpool won’t…
In 2021, a trader with a large Reddit following induced a massive rally in shares of GameStop Corp. NYSE: GME. The downtrodden gaming retailer was the most shorted stock in the entire market in January 2021, but the retail buying frenzy triggered a massive run-up in price as hedge funds were forced to cover their…