Category: Stocks Watch

Better-than-expected earnings made Broadcom the best performing stock in the S&P 500 Friday. Broadcom (AVGO) soared to the top of the S&P 500 today after reporting higher-than-expected earnings and a larger role in Apple’s (AAPL) iPhone 8. Broadcom gained 8.5% to $254.53 today, while the S&P 500 advanced 0.4% to 2,439.07. AVGO reported another solid quarter, […]

https://vid.thestreet.com/p/105/sp/0/playManifest/protocol/https/entryId/0_g9xqy78r/format/url/flavorParamId/35/video.mp4 Don’t give up on Palo Alto Networks (PANW) . Palo Alto Networks, which reports on Wednesday after the close, hasn’t recovered from the bludgeoning it took three months ago after missing January quarter sales/billings estimates and issuing below-consensus April quarter and fiscal 2017 (ends in July) guidance. Shares are down about 40% from their […]

Comcast has grown market share each quarter since the X1 platform reached 30% penetration in 2015 Getty Images The first quarter of 2017 proved not to be a good one for media companies faced with the impact of cord cutting. But Comcast Corp. CMCSA,  is one company that may be well positioned to embrace the […]

Best Buy shares soar after better-than-expected first-quarter earnings Best Buy is seeing growth in appliances, and will bring more in-home services to customers this year Best Buy Co Inc. attributed its better-than-expected quarter to mobile, gaming and improved overall sales trends. Neil Saunders, managing director of GlobalData Retail, thinks it has more to do with […]

Yesterday, shares of Under Armour (UAA) surged 9.9% as investors cheered its better-than-expected earnings. Baird’s Jonathan Komp and Benjamin Bray, however, note that the Bull-Bear debate around Under Armour is far from over. And remember, this is coming from a pair of bulls. So why do Komp and Bray warn investors not to make too […]

Shares of ExxonMobil (XOM) traded up as much as 1.5% this morning after the oil giant beat earnings forecasts. They’ve been coming in ever since. Exxon reported a profit of 95 cents a share, beating forecasts for 88 cents, on sales of $63.3 billion, missing forecasts for $66.4 billion. In a note released before the […]

Cerner (CERN) soared to the top of the S&P 500 today after the health care information technology company reported better-than-expected earnings and revenue. Cerner gained 7.8% to $64.75 at 5:03 p.m. today, while the S&P 500 declined 0.2% to 2,384.20. Canaccord Genuity’s Richard Close and Brian Hoffman contend Cerner may be “rediscovered its mojo.” They explain: We […]

Synchrony Financial (SYF) tumbled to the bottom of the S&P 500 today after missing earnings forecasts by a wide margin thanks to a bigger-than-expected jump the amount of money set aside to cover bad loans. Synchrony Financial dropped 16% to $27.80, while the S&P 500 declined 02% to 2,384.20. Jefferies analyst John Hecht and team write […]