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Why Is Roku (ROKU) Stock Rocketing Higher Today
Shares of streaming TV platform Roku (NASDAQ: ROKU) jumped 6.7% in the afternoon session after Baird analysts upgraded the stock's rating from Neutral to Outperform (Buy) and raised the price target from $70 to $90. The new price target implies a potential 24% upside from where shares traded before the upgrade was announced. While Baird noted that it had historically hesitated to comment on Roku's execution in the streaming business, the analysts believe that "shares are overlooking the meaningful changes in the business and the attractive long-term opportunity."
Three Reasons to Avoid Zurn Elkay and One Stock to Buy Instead
Zurn Elkay’s 19.4% return over the past six months has outpaced the S&P 500 by 8.7%, and its stock price has climbed to $38.91 per share. This run-up might have investors contemplating their next move.
Three Reasons Why SJM is Risky and One Stock to Buy Instead
Over the past six months, J. M. Smucker’s stock price has fallen to $107.20. Shareholders have lost 6.2% of their capital, highly disappointing when considering the S&P 500 has climbed 10.7%. This may have investors wondering how to approach the situation.
Three Big Reasons to Love Remitly (RELY)
Remitly’s 36.2% return over the past six months has outpaced the S&P 500 by 25.5%, and its stock price has climbed to $19.64 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
Broadcom: 3 Reasons We Love This Stock
Broadcom currently trades at $165.14 and has been a dream stock for shareholders. It’s returned 431% since November 2019, blowing past the S&P 500’s 87.9% gain. The company has also beaten the index over the past six months as its stock price is up 16.8%. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
Okta (OKTA) Post Q2 Earnings: Buy, Sell, or Hold?
Okta has gotten torched over the last six months - since May 2024, its stock price has dropped 28% to $73.90 per share. This might have investors contemplating their next move.
Home Builders Stocks Q3 In Review: NVR (NYSE:NVR) Vs Peers
Looking back on home builders stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including NVR (NYSE:NVR) and its peers.
Unpacking Q3 Earnings: Cadence (NASDAQ:CDNS) In The Context Of Other Design Software Stocks
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the design software industry, including Cadence (NASDAQ:CDNS) and its peers.
Q3 Earnings Outperformers: Zillow (NASDAQ:ZG) And The Rest Of The Real Estate Services 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 Zillow (NASDAQ:ZG) and its peers.
Winners And Losers Of Q3: Constellation Brands (NYSE:STZ) Vs The Rest Of The Beverages, Alcohol and Tobacco Stocks
Looking back on beverages, alcohol and tobacco stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Constellation Brands (NYSE:STZ) and its peers.