Moderna, Teleflex, Envista, Enovis, and UnitedHealth Shares Are Soaring, What You Need To Know
A number of stocks jumped in the morning session after positive inflation data fueled hopes for an interest rate cut by the Federal Reserve. The latest Consumer Price Index (CPI) report showed inflation rose by a modest 0.2% in July and 2.7% over the last year. This cooler-than-expected data prompted a significant market rally, with the S&P 500, Dow, and Nasdaq all climbing as investors grew more optimistic. The prevailing view is that easing inflation gives the central bank room to lower interest rates. Lower rates typically reduce borrowing costs for businesses and make stocks more attractive relative to bonds, contributing to widespread gains across sectors like healthcare.
The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.
Among others, the following stocks were impacted:
Therapeutics company Moderna (NASDAQ:MRNA) jumped 3.1%. Is now the time to buy Moderna? Access our full analysis report here, it's free.
Surgical Equipment & Consumables - Specialty company Teleflex (NYSE:TFX) jumped 4.1%. Is now the time to buy Teleflex? Access our full analysis report here, it's free.
Dental Equipment & Technology company Envista (NYSE:NVST) jumped 3.1%. Is now the time to buy Envista? Access our full analysis report here, it's free.
Medical Devices & Supplies - Specialty company Enovis (NYSE:ENOV) jumped 3.5%. Is now the time to buy Enovis? Access our full analysis report here, it's free.
Health Insurance Providers company UnitedHealth (NYSE:UNH) jumped 3%. Is now the time to buy UnitedHealth? Access our full analysis report here, it's free.
Zooming In On Teleflex (TFX)
Teleflex's shares are not very volatile and have only had 5 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business.
The biggest move we wrote about over the last year was 6 months ago when the stock dropped 22.9% on the news that the company reported disappointing fourth-quarter results, with revenue missing expectations by a significant margin. On a constant currency basis, revenue increased 3.2%, but this still fell short of Wall Street's estimates. Weak demand in Interventional Urology wiped out gains in the Interventional and Surgical units. Looking ahead, the company's 2025 revenue guidance implies little to no growth, with management projecting revenue to be flat to slightly up. Overall, this was a weaker quarter, weighed down by sluggish growth, margin pressures, and a subdued outlook.
Teleflex is down 32.8% since the beginning of the year, and at $120.33 per share, it is trading 51.3% below its 52-week high of $247.32 from September 2024. Investors who bought $1,000 worth of Teleflex's shares 5 years ago would now be looking at an investment worth $320.02.
Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
10 minutes ago
- Yahoo
Crypto analyst eyes XRP breaking out to new all-time high
Crypto analyst eyes XRP breaking out to new all-time high originally appeared on TheStreet. Popular crypto analyst Ali Martinez, who recently nailed the XRP price prediction around the recent conclusion of the Ripple vs. Securities and Exchange Commission (SEC) legal saga, has come up with a new prediction. Martinez, known as @ali_charts on X, shared a price analysis chart for XRP on Aug. 15 in which the cryptocurrency is shown to be forming a symmetrical triangle. A symmetrical triangle is a type of price analysis pattern in which an asset's price consolidates over time, creating lower highs and higher lows. It results in two converging trendlines that look like a triangle. Once the two lines converge, the price breaks out. The chart shows XRP trading at $3.10, and the dotted lines show that a price consolidation within a triangle will take place by the end of August. If XRP breaks above $3.26, it could next reach the price of $3.90 within the first week of September, Martinez is the third-largest cryptocurrency, which has a market cap of more than $184 billion. It hit an all-time high (ATH) of $3.84 on Jan. 4, 2018, and if Martinez's prediction comes true, the asset will hit a new ATH of $3.90. On Aug. 15, lawyer James Filan shared that the SEC reminded the court that the stipulation of the joint appeal filed by the SEC and Ripple to dismiss their appeals is still pending. XRP was trading at $3.09 at press time. The crypto asset needs to surge 25% to reach Martinez's price target of $3.90. Crypto analyst eyes XRP breaking out to new all-time high first appeared on TheStreet on Aug 16, 2025 This story was originally reported by TheStreet on Aug 16, 2025, where it first appeared.
News24
12 minutes ago
- News24
Canadian govt intervenes to end Air Canada strike as 10 000 flight attendants ground flights
Air Canada's 10 000 flight attendants went on strike over wage disputes, forcing the airline to cancel hundreds of flights. The Canadian Union of Public Employees (CUPE) was seeking wage increases above inflation and compensation for unpaid ground work. The strike threatened Canada's economy during existing trade pressures from Trump's tariffs. The Canadian government intervened on Saturday to end a strike by Air Canada cabin crew members that saw hundreds of flights cancelled and triggered summer travel chaos for the carrier's 130 000 daily passengers. Canada's largest airline, which flies directly to 180 cities worldwide, had stopped all operations after some 10 000 flight attendants began industrial action fueled by a wage dispute just after midnight on Saturday. Hours later, Canada's labour policy minister, Patty Hajdu, moved to invoke a legal provision that would halt the strike and force both sides into binding arbitration. "This is not a decision that I have taken lightly. The potential for immediate negative impact on Canadians and our economy is simply too great," Hajdu told journalists. However, she said it could still take five to 10 days for Air Canada to resume regular services after the disruption. The airline had earlier urged customers not to go to the airport if they have a ticket for Air Canada or its lower-cost subsidiary Air Canada Rouge. It said flights by Air Canada Express, which are operated by a third party, would not be impacted by the walkout. The Canadian Union of Public Employees (CUPE), which is representing the workers, said its members would remain on strike until the government formally issues an order that they return to work. The union's Air Canada branch wrote on Facebook: Please remember there is only a referral, we are still in a legal position to strike and will continue to do so, we must show the company we are in control of this. In a separate statement, CUPE slammed the Canadian government's intervention as "rewarding Air Canada's refusal to negotiate fairly by giving them exactly what they wanted." "This sets a terrible precedent," it added. "This will only ensure that the unresolved issues will continue to worsen by kicking them down the road." Unpaid ground work In addition to wage increases, the union says it wants to address uncompensated ground work, including during the boarding process. Rafael Gomez, who heads the University of Toronto's Centre for Industrial Relations, told AFP it is "common practice, even around the world" to compensate flight attendants based on time spent in the air. He said the union had built an effective communication campaign around the issue, creating a public perception of unfairness. An average passenger, not familiar with common industry practice, could think, "'I'm waiting to board the plane and there's a flight attendant helping me, but they're technically not being paid for that work,'" he said, speaking before the strike began. "That's a very good issue to highlight," Gomez said, adding that gains made by Air Canada employees could impact other carriers. Andrew Francis Wallace/Toronto Star via Getty Images Air Canada detailed its latest offer in a Thursday statement, specifying that under the terms, a senior flight attendant would, on average, make CAN$87,000 ($65,000) by 2027. CUPE has described Air Canada's offers as "below inflation (and) below market value." The union has also rejected requests from the federal government and Air Canada to resolve outstanding issues through independent arbitration. Canada's economy, though showing resilience, has begun feeling the effects of US President Donald Trump's trade war, with his tariffs hitting crucial sectors like auto, aluminum and steel. In a statement issued before the strike began, the Business Council of Canada warned an Air Canada work stoppage could add further pain. "At a time when Canada is dealing with unprecedented pressures on our critical economic supply chains, the disruption of national air passenger travel and cargo transport services would cause immediate and extensive harm to all Canadians," it said.
Fox News
20 minutes ago
- Fox News
Who Are The 10 Highest-Paid NFL Players Entering The 2025 Season?
Kansas City Chiefs quarterback Patrick Mahomes may have won two Super Bowls in the past three seasons, but he's not one of the 10 highest-paid players in the NFL in terms of average annual value (AAV). In some cases, talent doesn't equate to money. For others, however, constant production has certainly led to big pay days. This offseason has been one for the books, and a lot of money has exchanged hands this summer. That said, we rounded up the highest-paid players in the league entering the 2025 season. Some players unfortunately see drops in their production after signing long-term, big-money contracts. Jackson, however, isn't one of those players. He signed a five-year extension worth $260 million in April 2023 and followed that up with an MVP-winning season. He then improved once again in 2024, throwing for a career-high 4,172 yards and 41 touchdowns last season, although he fell short of a third MVP award. Herbert signed a five-year, $262 million deal in the summer of 2023 before enduring a porous season that was cut short after he fractured his right index finger. Herbert bounced back in 2024, leading the Chargers back to the playoffs. Herbert is now entering his sixth NFL season and is still in search of his first postseason victory. Purdy was a consistent cog in the 49ers' run to Super Bowl LVIII in 2024. He signed a five-year, $265 million deal in May, and now that he has his long-term money, it's time to show that he can lead a team. It'll be especially important for the 49ers' success this season, as they moved on from wide receiver Deebo Samuel and will be without wideout Brandon Aiyuk until at least Week 6. Therefore, the extent of Purdy's individual ability will finally be determined. Goff signed a four-year contract worth $212 million in May 2024. It was a respectable nod from the Lions, who rebuilt around Goff and are now contending with him at the epicenter of their system. Last season, Goff led the Lions to a franchise-best 15 wins, throwing for 4,629 yards and a career-high 37 touchdowns. It'll be interesting to see how Goff fairs now that former offensive coordinator Ben Johnson has moved on to become the Chicago Bears' head coach. Tagovailoa signed his four-year, $212 million extension in July 2024 following a season in which he threw for a career-high 4,624 yards and 29 touchdowns, but his career has been marred by a bevvy of unfortunate concussions, and he sustained one last season that forced him to miss four games early in the season. When he returned, he wasn't his normal, dynamic self, as his yards per pass attempt dropped to 7.1 and his yards per completion dropped to 9.5. To make good on his contract, Tagovailoa will have to remain healthy and return to his old form. Lawrence was one of those players whose production dipped after he signed a big extension — after inking a five-year, $275 million deal in July 2024, he threw for a career-low 204.5 yards per game. His season was shortened to just 10 games by a pair of injuries (an AC joint sprain in his left shoulder and a concussion), but those injuries came after the dip in play, so it'll be interesting if Lawrence can return to the form he showed early in his career. It'll help to have a new coaching regime in Jacksonville — with offensive-minded head coach Liam Coen coming over from Tampa Bay. After signing a five-year, $275 million deal, Burrow played just 10 games in the 2023 season because of a wrist injury. Last year, though, he reminded everyone just how valuable he is, leading the NFL with 4,918 yards and 43 passing touchdowns — numbers that certainly would have won him MVP honors had his team not severely underachieved. The Packers took a leap of faith, signing Love to a four-year, $220 million deal after just one season with him as their starter. It was a pretty impressive campaign in 2023; Love threw for 4,159 yards and 32 touchdowns and led the Packers to the NFC divisional round. Things came back down to earth in 2024, however, as Love threw for 3,389 yards and 25 scores. He was playing through an MCL sprain and a groin injury, so that could be to blame for the dip in play. This season, he'll have to prove if it truly was the injuries holding him back from being a perennial superstar. Allen, one of the most talented quarterbacks in the league, won the 2024 NFL MVP award after signing a six-year, $330 million extension with the Bills in the offseason. Last season was especially impressive for Allen because he lost top wide receiver Stefon Diggs and still shined with a combined 40 touchdowns. The only thing missing from Allen's résumé is a Super Bowl appearance — and victory. It's fitting that Prescott tops this list, as he is the quarterback for the NFL's most extravagant team. It's also ironic, as owner Jerry Jones isn't exactly complying to pay another one of their stars, Micah Parsons. Prescott signed a four-year, $240 million deal on the first Sunday of the 2024 NFL season. Maybe Jones will do the same with Parsons this season? Prescott was impressive in the season before signing his extension. In 2023, he completed an NFL-best 410 passes, and led the league with 36 touchdowns. Last year, however, his completion percentage dropped five points to 64.7%. He threw for a career-low 10.7 yards per completion, before sustaining a season-ending hamstring injury. With the addition of wide receiver George Pickens to a receiving core that already has CeeDee Lamb, Prescott should have every opportunity to show why he's the highest-paid quarterback in the league this season. Check out all of our Daily Rankers. Want great stories delivered right to your inbox? Create or log in to your FOX Sports account, follow leagues, teams and players to receive a personalized newsletter daily!
