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Put Options

SPY PUTS BIG PAYDAY TRADERS

September 19, 2024 author 0

Try our free 5 day trial today https://turbooptiontrading.com/2024/01/05/free-5-day-trial/ Strike Prices 1. In-the-Money (ITM): The strike price is above the current stock price. These options are more expensive but have a higher probability of being profitable if the stock price continues to fall. 2. At-the-Money (ATM): The strike price is close to the current stock price. […]

Upgrades

North Face Parent V.F. Corp To Improve Gradually In Next Four To Six Quarters, Analyst Upgrades Stock

September 18, 2024 author 0

Barclays analyst Adrienne Yih upgraded V.F. Corporation (NYSE:VFC) from Equal-Weight to Overweight, raising the price forecast from $19 to $22. The analyst forecasts that the company will start to experience gradual improvements in its fundamentals over the next four to six quarters, beginning modestly in the fall of 2024. By the time the analyst anticipates a return to […]

Downgrades

Incyte Downgraded – Analyst Notes Intense Competition, Particularly In Larger Markets

September 18, 2024 author 0

Truist Securities has downgraded Incyte Corporation (NASDAQ:INCY), noting Jakafi’s (ruxolitinib) patent loss approaching in 2028. Jakafi is Incyte’s top-selling drug. It is indicated for polycythemia vera in adults, intermediate or high-risk myelofibrosis in adults, and steroid-refractory acute graft versus host disease in adult and pediatric patients. In second quarter 2024, the drug generated sales of $705.9 […]

Upgrades

Victoria’s Secret New Leadership Is Steering Brand Back To Core Values, Analyst Upgrades Stock

September 18, 2024 author 0

Victoria’s Secret & Co. (NYSE:VSCO) shares are trading higher on Wednesday. Barclays analyst Adrienne Yih upgraded Victoria’s Secret to Equal Weight from Underweight and raised the price target to $25 from $23. The analyst writes that the company has moved past its most challenging period. Despite a significant loss of market share in recent years, […]

Earnings Beat

Cracker Barrel to Report Q4 Earnings: Is a Beat in Store?

September 18, 2024 author 0

Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) is scheduled to report fourth-quarter fiscal 2024 results on Sept. 19. In the last reported quarter, CBRL registered an earnings surprise of 57.1%. Trend in Estimate Revision The Zacks Consensus Estimate for fiscal fourth-quarter earnings per share is pegged at $1.17, which indicates a deterioration of 34.6% […]

Upgrades

Ambac Financial Group Will Be Better Positioned Once Sale Of Financial Guarantee Business Closes, Analyst Says

September 18, 2024 author 0

After declining since the beginning of 2024, shares of Ambac Financial Group, Inc. (NYSE:AMBC) have risen by almost 10% over the past five trading sessions. The sale of Ambac Financial Group’s legacy financial guarantee business is expected to close by yearend, positioning the holding company for cash earnings “within a year or two,” according to […]

Earnings Beat

EXCLUSIVE: High Tide CEO Highlights Major Drivers Behind Record Earnings, Market Share Growth

September 18, 2024 author 0

While many cannabis retailers in Canada face a tightening market, High Tide Inc. (NASDAQ:HITI) stands out with a robust increase in revenue and market share in its 2024 third-quarter financial results. On Monday, the Calgary-based company reported record revenue of CA$131.7 million ($97 million), marking a 6% increase both year-over-year and sequentially. CEO Raj Grover […]

Upgrades

GE Vernova’s Gas Power Services Underappreciated & Poised For Growth: Analyst

September 17, 2024 author 0

GE Vernova Inc. (NYSE:GEV) shares are trading higher after BofA Securities analyst Andrew Obin upgraded the stock from Neutral to Buy and raised its price target from $200 to $300. The analyst writes that while rising grid-related spending benefits the Electrification segment, they believe the potential of Gas Power Services (29% of revenue) is underappreciated […]

Earnings Beat

Steel Dynamics Expects Lower Q3 Earnings Amid Pricing Pressures

September 17, 2024 author 0

Steel Dynamics, Inc. (NASDAQ: STLD) has issued earnings guidance for the third quarter of 2024 in the $1.94-$1.98 per share range. This represents a decline from the company’s second-quarter 2024 earnings of $2.72 per share and its third-quarter 2023 earnings of $3.47. STLD’s steel operations profitability is expected to be significantly lower than the second […]

Upgrades

Hewlett Packard Analyst Gives 5 Reasons To Be Bullish As Juniper Deal Promises To ‘Shift Focus’

September 17, 2024 author 0

Shares of Hewlett Packard Enterprise Co (NYSE:HPE) climbed in early trading on Tuesday, along with some other stocks. The company is poised to benefit from cost cuts, Juniper-related synergies and AI optionality, according to Bank of America Securities. Analyst Wamsi Mohan upgraded the rating from Neutral to Buy, while raising the price target from $21 […]

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