While investors come to grips with the revelation the global economic rebound won’t be the V-shape that was hoped for, they are also digesting the rising tensions between the US and China as the US looks to reclaim supply chains for critically-needed items
Investors in life sciences and diagnostics company Danaher (NYSE: DHR) have enjoyed a relatively good 2020 so far, with the stock rising 4.4% compared to a 11% decline in the S&P 500 index. In addition, it's the top-performing stock within its peer group. That said, the comp
Shares of video game maker Activision Blizzard (NASDAQ: ATVI) have significantly outperformed competitors Electronic Arts (NASDAQ: EA) and Take-Two Interactive (NASDAQ: TTWO) year to date. Activision stock is up 26% since the beginning of the year, compared to less than 10% for
The struggles faced by the cannabis industry are plentiful -- lower-than-expected revenue, rising black-market competition, regulatory scandals. Now with the COVID-19 pandemic, few cannabis companies seem capable of surviving the crisis to continue growing. I feel Cronos Group (
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itse
Stitch Fix (NASDAQ: SFIX) stock has taken a hit along with brick-and-mortar retailers due to the uncertainty arising from widespread unemployment and non-essential business closures.
In recent trading, shares of Barrick Gold Corp. (Symbol: GOLD) have crossed above the average analyst 12-month target price of $26.13, changing hands for $27.14/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
Bank of America (BAC) is a Zacks Rank #5 (Strong Sell) that is one of the largest and well-known banks in the country. The stock is down 40% from its 2020 highs, but investors shouldn’t think they are getting a bargain.
Pinterest (PINS) is a Zacks Rank #1 (Strong Buy) that is a popular website seeing a lot of momentum in the current lockdown environment. The platform allows users to discover ideas like daily activities, remodeling the home, hobbies, or even planning weddings and vacations. Sta