Latest news with #ErikWoodring
CNBC
3 days ago
- Business
- CNBC
Morgan Stanley says buy these five stocks soon that are set to rally
There's a slew of stocks that have a lot more room to run, according to Morgan Stanley. The firm says overweight-rated companies like Nvidia have plenty of upside and remain top picks in June. Others include: Nubank , Sallie Mae , Seagate and Coupang. Seagate The tech data storage company is just too attractive to ignore, analyst Erik Woodring, wrote following Seagate's analyst day in late May. "The inflection in compute will drive exponential growth in storage demand, and we see STX as a still underappreciated play on this theme at just 7.5x our peak EPS," he wrote. And there's a whole host of more positive catalysts to come for top pick Seagate, too, the firm said. "Tech leadership, premium margins, robust FCF generation, and strong cap returns support EPS upside and multiple re-rating from here," he added. The stock is also an undervalued play in the data center space, too, Woodring says. Shares of Seagate are up 36% this year. Coupang The South Korea e-commerce company was recently named a new top pick at the firm. "Competitors have scrambled to respond, but Coupang's market share gains have continued without a blip," analyst Seyon Park wrote. The firm also raised its price target on the stock to $32 per share from $27 as Coupang is firing on all cylinders. "The company continues to execute well, is relatively insulated from tariff risk, and a beneficiary of a weaker USD [US dollar]," he said. Meanwhile, shares are up 27% and remain compelling. "Valuations also look favorable compared to relevant peers, " he went on to say. Nubank The LatAm bank is a share gainer and a top pick at the firm, according analyst Jorge Kuri and team. "We think the market continues to significantly underestimate Nubank's ability to scale profitably — especially through deeper cross-sell in Brazil," they wrote. The firm says Nubank has a differentiated offering for consumers as a one stop shop for all banking needs. "From leading in primary account relationships and salary deposits, to capturing the lion's share of consumer intent in credit card, personal loan, and payroll loan applications and balance transfers, Nubank is clearly far outpacing incumbent and digital peers," he said. The stock is up almost 16% this year, but Kuri says shares have plenty more room to run. "Nubank leads in both reach and relevance," he said succinctly. Seagate "The inflection in compute will drive exponential growth in storage demand, and we see STX as a still underappreciated play on this theme at just 7.5x our peak EPS. Tech leadership, premium margins, robust FCF generation, and strong cap returns support EPS upside and multiple re-rating from here. ... .A (still) underappreciated play on data growth; PT increases to $140 and we reinstate STX as our Top Pick." Coupang "The company continues to execute well, is relatively insulated from tariff risk & a beneficiary of a weaker USD. Valuations also look favorable compared to relevant peers. ... .Competitors have scrambled to respond, but CPNG's market share gains have continued without a blip. ... .Despite the market uncertainties this year, we are quite comfortable CPNG can deliver on its growth targets, while also being a beneficiary of a weaker US dollar." Nvidia "NVIDIA is putting digestion fears fully to rest, showing acceleration of the business other than the China headwinds around growth drivers that seem durable. Everything should get better from here. Reiterate OW, Top Pick in semis. ... .Bear case is fading and inference trajectory is durable; stay with the story. ... .Most of the themes we have been focused on played out through this quarter." Sallie Mae "SLM remains our Top Pick. ... .SLM exploring potential alternatives to whole loan sales, such as JVs, which we think could drive multiple expansion on more consistent asset-light cash flow. ... .Once we gain further clarity on government policy, we expect SLM will formally issue a range of estimates on how much additional volume it can drive in 2H26/2027." Nubank "We think the market continues to significantly underestimate NU's ability to scale profitably — especially through deeper cross-sell in Brazil. ... .From leading in primary account relationships and salary deposits, to capturing the lion's share of consumer intent in credit card, personal loan, and payroll loan applications and balance transfers, NU is clearly far outpacing incumbent and digital peers. ... .Nubank leads in both reach and relevance."
Yahoo
5 days ago
- Business
- Yahoo
Trump's 25% Tariff Threat Looms, But Apple (AAPL) Isn't Moving
We recently published a list of . In this article, we are going to take a look at where Apple Inc. (NASDAQ:AAPL) stands against other AI stocks that are on analyst's radar today. One of the most notable analyst calls on Tuesday, May 27, was for Apple Inc. (NASDAQ:AAPL). Apple is a technology company known for its consumer electronics, particularly the iPhones and MacBooks. Morgan Stanley analyst Erik Woodring reiterated an 'Overweight' rating on the stock with a $235.00 price target. As per the analysts, a 25% tariff on the iPhones imported into the United States is not likely to drive the company to reshore its production. 'While 'time to market' of a U.S.-produced iPhone is one major impediment, our math says a 25% tariff on iPhone imports isn't enough incentive for Apple to reshore U.S.-bound iPhone production.' Moreover, they believe that building iPhone assembly plants in the US is likely to take 'a minimum of 2+ years, and several billions.' Tariff concerns were reignited last week when US President Donald Trump threatened Apple and other smartphone makers with a 25% tariff if they don't manufacture their phones in the United States. A wide view of an Apple store, showing the range of products the company offers. However, Morgan Stanley stated that the economics still favor overseas manufacturing. 'A U.S.-produced iPhone would be 35% more expensive than a China/India-produced iPhone, much more than the 4-6% price hike needed to offset a 25% import tariff.' However, Apple's defiance may come at a certain cost. 'CEO Tim Cook's status with the current administration deteriorates from here. Is a 50% tariff enough to shift production to the U.S.?' Albeit the pressure, the firm also hinted at how Apple could neutralize the threat with further U.S. investment. This will be part of its previously announced $500 billion commitment. Overall, AAPL ranks 4th on our list of AI stocks that are on analyst's radar today. While we acknowledge the potential of AAPL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AAPL and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
How To Earn $500 A Month From HP Stock Ahead Of Q2 Earnings
HP Inc. (NYSE:HPQ) will release its second-quarter financial results after the closing bell on Wednesday, May 28. Analysts expect the Palo Alto, California-based company to report quarterly earnings at 80 cents per share, down from 82 cents per share in the year-ago period. HP projects quarterly revenue of $13.15 billion, compared to $12.80 billion a year earlier, according to data from Benzinga Pro. On May 21, Morgan Stanley analyst Erik Woodring maintained HP with an Equal-Weight rating. He also raised the price target from $25 to $29. With the recent buzz around HP, some investors may be eyeing potential gains from the company's dividends. Currently, HP offers an annual dividend yield of 4.09% — a quarterly dividend of 29 per share ($1.158 a year). To figure out how to earn $500 monthly from HP, we start with the yearly target of $6,000 ($500 x 12 months). Next, we take this amount and divide it by HP's $1.158 dividend: $6,000 / 1.158 = 5,181 shares. So, an investor would need to own approximately $146,830 worth of HP, or 5,181 shares to generate a monthly dividend income of $500. Assuming a more conservative goal of $100 monthly ($1,200 annually), we do the same calculation: $1,200 / $1.158 = 1,036 shares, or $29,360 to generate a monthly dividend income of $100. View more earnings on HPQ Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time. The dividend yield is calculated by dividing the annual dividend payment by the current stock price. As the stock price changes, the dividend yield will also change. For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%. However, if the stock price increases to $60, the dividend yield would decrease to 3.33% ($2/$60). Conversely, if the stock price decreases to $40, the dividend yield would increase to 5% ($2/$40). Further, the dividend payment itself can also change over time, which can also impact the dividend yield. If a company increases its dividend payment, the dividend yield will increase even if the stock price remains the same. Similarly, if a company decreases its dividend payment, the dividend yield will decrease. HPQ Price Action: Shares of HP gained by 1.3% to close at $28.34 on More: Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? HP (HPQ): Free Stock Analysis Report This article How To Earn $500 A Month From HP Stock Ahead Of Q2 Earnings originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Yahoo
6 days ago
- Business
- Yahoo
Trump's 25% Tariff Threat Looms, But Apple (AAPL) Isn't Moving
We recently published a list of . In this article, we are going to take a look at where Apple Inc. (NASDAQ:AAPL) stands against other AI stocks that are on analyst's radar today. One of the most notable analyst calls on Tuesday, May 27, was for Apple Inc. (NASDAQ:AAPL). Apple is a technology company known for its consumer electronics, particularly the iPhones and MacBooks. Morgan Stanley analyst Erik Woodring reiterated an 'Overweight' rating on the stock with a $235.00 price target. As per the analysts, a 25% tariff on the iPhones imported into the United States is not likely to drive the company to reshore its production. 'While 'time to market' of a U.S.-produced iPhone is one major impediment, our math says a 25% tariff on iPhone imports isn't enough incentive for Apple to reshore U.S.-bound iPhone production.' Moreover, they believe that building iPhone assembly plants in the US is likely to take 'a minimum of 2+ years, and several billions.' Tariff concerns were reignited last week when US President Donald Trump threatened Apple and other smartphone makers with a 25% tariff if they don't manufacture their phones in the United States. A wide view of an Apple store, showing the range of products the company offers. However, Morgan Stanley stated that the economics still favor overseas manufacturing. 'A U.S.-produced iPhone would be 35% more expensive than a China/India-produced iPhone, much more than the 4-6% price hike needed to offset a 25% import tariff.' However, Apple's defiance may come at a certain cost. 'CEO Tim Cook's status with the current administration deteriorates from here. Is a 50% tariff enough to shift production to the U.S.?' Albeit the pressure, the firm also hinted at how Apple could neutralize the threat with further U.S. investment. This will be part of its previously announced $500 billion commitment. Overall, AAPL ranks 4th on our list of AI stocks that are on analyst's radar today. While we acknowledge the potential of AAPL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AAPL and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
Trump's 25% Tariff Threat Looms, But Apple (AAPL) Isn't Moving
We recently published a list of . In this article, we are going to take a look at where Apple Inc. (NASDAQ:AAPL) stands against other AI stocks that are on analyst's radar today. One of the most notable analyst calls on Tuesday, May 27, was for Apple Inc. (NASDAQ:AAPL). Apple is a technology company known for its consumer electronics, particularly the iPhones and MacBooks. Morgan Stanley analyst Erik Woodring reiterated an 'Overweight' rating on the stock with a $235.00 price target. As per the analysts, a 25% tariff on the iPhones imported into the United States is not likely to drive the company to reshore its production. 'While 'time to market' of a U.S.-produced iPhone is one major impediment, our math says a 25% tariff on iPhone imports isn't enough incentive for Apple to reshore U.S.-bound iPhone production.' Moreover, they believe that building iPhone assembly plants in the US is likely to take 'a minimum of 2+ years, and several billions.' Tariff concerns were reignited last week when US President Donald Trump threatened Apple and other smartphone makers with a 25% tariff if they don't manufacture their phones in the United States. A wide view of an Apple store, showing the range of products the company offers. However, Morgan Stanley stated that the economics still favor overseas manufacturing. 'A U.S.-produced iPhone would be 35% more expensive than a China/India-produced iPhone, much more than the 4-6% price hike needed to offset a 25% import tariff.' However, Apple's defiance may come at a certain cost. 'CEO Tim Cook's status with the current administration deteriorates from here. Is a 50% tariff enough to shift production to the U.S.?' Albeit the pressure, the firm also hinted at how Apple could neutralize the threat with further U.S. investment. This will be part of its previously announced $500 billion commitment. Overall, AAPL ranks 4th on our list of AI stocks that are on analyst's radar today. While we acknowledge the potential of AAPL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AAPL and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
