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Iran Won't Close Strait of Hormuz, Schork Says

Iran Won't Close Strait of Hormuz, Schork Says

Bloomberg4 hours ago

Steven Schork, Schork Group principal and editor, says he does not think Iran will close the Strait of Hormuz because it would hurt India and China, two of their biggest oil export clients. He is on "Bloomberg Surveillance." (Source: Bloomberg)

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Is Teledyne Technologies Stock Outperforming the Dow?
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Thousand Oaks, California-based Teledyne Technologies Incorporated (TDY) provides enabling technologies for industrial growth markets. Valued at a market cap of $23 billion, the company operates through Digital Imaging, Instrumentation, Aerospace and Defense Electronics, and Engineered Systems segments. Companies worth $10 billion or more are generally labeled as 'large-cap stocks', and Teledyne Technologies fits this criterion perfectly. The company is known for its innovation and precision technology solutions, serving a wide range of industries, including aerospace, defense, marine, environmental monitoring, and manufacturing. Is Palantir Stock Poised to Surge Amidst the Israel-Iran Conflict? 'It Has No Utility': Warren Buffett Doesn't Care How High Gold Goes, He Isn't a Buyer CoreWeave Stock Is Too 'Expensive' According to Analysts. Should You Sell CRWV Now? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Teledyne Technologies currently trades 6.4% below its all-time high of $522.50 recorded on Jan. 31. TDY's stock has declined 1.9% over the past three months, slightly lagging behind the broader Dow Jones Industrials Average's ($DOWI) 1.4% rise. Longer term, TDY's stock has surged 5.4% on a YTD basis, whereas DOWI has decreased marginally. Moreover, shares of Teledyne Technologies soared 26.6% over the past 52 weeks, notably outperforming the Dow Jones' 8.6% rise over the same time frame. Despite some fluctuations, the stock has been trading above its 50-day and 200-day moving averages since May. Despite delivering strong results, Teledyne Technologies' stock fell 2.7% following the release of its Q1 2025 results on Apr. 23. The company posted revenue of $1.5 billion, up 7.4% year over year, driven by growth across all segments and surpassing the consensus estimate of $1.4 billion. Its adjusted EPS rose 8.8% from the prior-year quarter to $4.95, also beating analysts' expectations. However, the dip in share price can be attributed to TDY's full-year EPS guidance, which slightly missed the Street's expectations. TDY expects adjusted EPS to range between $21.10 and $21.50, dampening investor sentiment. Compared to its peer, Trimble Inc. (TRMB) has underperformed TDY stock on a YTD basis, gaining 1.5%. However, shares of TRMB have climbed 29.2% over the past 52 weeks, outpacing the TDY stock. Among the nine analysts covering the TDY stock, the consensus rating is a 'Strong Buy.' Its mean price target of $555.11 suggests a 13.5% upside potential from current price levels. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on

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New Diplomatic Chapter Begins: China, Pakistan, Bangladesh Launch First Trilateral Ministerial Dialogue

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