We're updating our Honeywell rating after long-awaited breakup news, sensible guide
Investors sold down the stock roughly 5.5% on a disappointing 2025 guide.
06Feb
31Jan
Apple proves naysayers wrong once again. Lots to like from Q1 and outlook
Apple defied the doom and gloom that had been building for weeks. Shares rose roughly 3% Thursday evening after the tech giant reported a slightly better-than-expected quarter. More importantly, guidance for revenue growth in the March quarter was much better feared. Revenue in Apple's fiscal 2025 first quarter, which...
30Jan
Microsoft delivers an earnings beat but misses where it matters most
Microsoft couldn't shake the bear thesis with its fiscal 2025 second-quarter numbers Wednesday, causing the stock to fall more than 5% in extending trading. Despite beating top-line and bottom-line estimates, the software giant's disappointing cloud revenues and soft guidance renewed concerns its AI spending is not generating sufficient returns....
29Jan
We’re increasing our price target on Starbucks after CEO Brian Niccol shows signs of progress
Starbucks reported better than expected quarterly results Tuesday evening — initially sending shares higher in choppy after-hours trading. Even though the company's same-store sales declined for the fourth straight quarter, early signs of progress on CEO Brian Niccol's Back to Starbucks strategy had us feeling encouraged that much better...
15Jan
Wells Fargo shares surge post-earnings as Wall Street wisely focuses on the big picture
Wells Fargo shares rallied Wednesday after the bank delivered better-than-expected earnings for the fourth quarter. While the reported numbers were solid, an upbeat outlook for 2025 stole the show. Total revenue for the three months ended Dec. 31 dipped 0.5% year over year to $20.38 billion — missing analysts'...
13Dec
Costco quarter signals record stock run is not done. Here is our new price target
Costco on Thursday evening reported a solid quarter, beating on both the top and bottom lines. The warehouse club is clearly taking share from other retailers due to its focus on newness, quality, and value. With gross margins and paid memberships trending higher, this rally to fresh highs can...
04Dec
Cramer’s Investing Club’s new price target on Salesforce (CRM) after earnings
Shares of Salesforce surged in extended trading Tuesday after the enterprise software giant reported better-than-expected quarterly revenue and issued a solid forecast for the current period. But most importantly, the company showed that Agentforce, its new AI platform, may kickstart revenue growth in the future. Revenue in the fiscal...
21Nov
Palo Alto Networks beat, raise fails to wow. But that plays into our hand
Don't sweat the drop in Palo Alto Networks stock, which came despite a solid beat and raise after Wednesday's closing bell. The cybersecurity company delivered strong fiscal 2025 first-quarter results, beating estimates on basically every line. It also raised full-year guidance across several key metrics. However, the recently rallying...
01Nov
Amazon crushed e-commerce and cloud, forecast strong holiday quarter
Amazon reported a much better-than-expected third quarter Thursday, with strong growth across online sales, its cloud business and advertising. Margin initiatives lead to soaring profits. Additionally, the fourth-quarter forecast was exactly what was needed to keep investors happy. Revenue increased 11% year over year to $158.88 billion, beating expectations...
31Oct
Linde (LIN) falls after guidance fails to wow. We’ve seen this movie before
Industrial gas supplier Linde reported a solid third quarter on Thursday, proving once again its ability to grow revenues and earnings in a sluggish macro and industrial environment. Revenue in the third quarter increased 2.5% to $8.36 billion, slightly beating estimates of $8.35 expected by analysts, according to estimates...