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Two Reasons Why BBWI is Risky and One Stock to Buy Instead
Over the last six months, Bath and Body Works’s shares have sunk to $37.61, producing a disappointing 14.1% loss - a stark contrast to the S&P 500’s 11.9% gain. This might have investors contemplating their next move.
Three Reasons Why AGCO is Risky and One Stock to Buy Instead
Over the past six months, AGCO Corporation’s stock price fell to $97.65. Shareholders have lost 7.4% of their capital, which is disappointing considering the S&P 500 has climbed by 11.9%. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Three Reasons Why AAP is Risky and One Stock to Buy Instead
Advance Auto Parts has gotten torched over the last six months - since June 2024, its stock price has dropped 30.7% to $44.30 per share. This was partly due to its softer quarterly results and might have investors contemplating their next move.
Q3 Earnings Outperformers: Atkore (NYSE:ATKR) And The Rest Of The Electrical Systems Stocks
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how electrical systems stocks fared in Q3, starting with Atkore (NYSE:ATKR).
Q3 Earnings Roundup: A. O. Smith (NYSE:AOS) And The Rest Of The HVAC and Water Systems Segment
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 A. O. Smith (NYSE:AOS) and the best and worst performers in the hvac and water systems industry.
Quanex’s (NYSE:NX) Q3 Earnings Results: Revenue In Line With Expectations
Building products company Quanex (NYSE:NX) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 66.6% year on year to $492.2 million. Its GAAP loss of $0.30 per share decreased from $0.83 in the same quarter last year.
Broadcom (NASDAQ:AVGO) Misses Q3 Analysts’ Revenue Estimates
Fabless chip and software maker Broadcom (NASDAQ:AVGO) missed Wall Street’s revenue expectations in Q3 CY2024, but sales rose 51.2% year on year to $14.05 billion. Its GAAP profit of $0.90 per share was 28.2% above analysts’ consensus estimates.
Costco (NASDAQ:COST) Reports Q4 Results
Membership-only discount retailer Costco (NASDAQ:COST) missed Wall Street’s revenue expectations in Q4 CY2024, but sales rose 7.5% year on year to $62.15 billion. Its GAAP profit of $4.04 per share was 6.3% above analysts’ consensus estimates.
RH (NYSE:RH) Reports Q3 In Line With Expectations, Stock Jumps 21.2%
Luxury furniture retailer RH (NYSE:RH) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 8.1% year on year to $811.7 million. Its GAAP profit of $1.66 per share increased from -$0.12 in the same quarter last year.
Why Western Digital (WDC) Shares Are Sliding Today
Shares of leading data storage manufacturer Western Digital (NASDAQ: WDC) fell 5.6% in the afternoon session after Management told investors during a technology conference that the business is experiencing pricing challenges that might persist. The company highlighted abundant inventories, which are likely to weaken demand for PCs and smartphones. The weak demand is also likely to impact semiconductor companies that supply critical chips for these computing devices.