Latest news with #GaryAlexander
Business Insider
24-04-2025
- Automotive
- Business Insider
‘Time to Double Down,' Says Top Investor About Rivian Stock
Rivian Automotive (NASDAQ:RIVN) isn't immune to the warning lights flashing across the global economy. With recession fears mounting and consumers tightening their belts, demand for new vehicles is taking a hit. Rivian's stock has already felt the impact, sliding around 11% year-to-date. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. Still, the EV company has shown some positive signs of late, exceeding its original guidance of 8,000 EVs for Q1 2025 with 8,640 cares delivered. Late last year, Rivian also passed a significant milestone, achieving positive gross margins for the first time in company history. Though acknowledging that the full impact of the tariffs remains unknown, top investor Gary Alexander thinks that Rivian is well-positioned to weather the storm. 'Rivian may be poised to thrive amid the escalating trade war, especially with the company's U.S.-based manufacturing and no exposure to China or Europe sales,' predicts the 5-star investor, who is among the top 3% of TipRanks' stock pros. Alexander highlights Rivian's domestic manufacturing footprint as a major buffer against potential trade barriers. And with all its sales currently focused on the U.S. and Canada, Rivian remains largely insulated from global disruptions. Internal developments, such as improving margins and the upcoming production of the R2 model – scheduled to start in 2026 – are also giving Alexander confidence in Rivian's prospects. 'One of the most important long-term indicators that has me enthusiastic on Rivian is its continued progress in gross margins,' adds Alexander. On that note, the R2's Bill of Materials is about 95% complete, and is expected to represent roughly half the costs of the current R1 model. This should allow Rivian to continue improving its margins, according to the investor. Therefore, despite the uncertainties, Alexander is not hedging one bit. In fact, he's all in on Rivian. 'Stay long here and use the drop as a buying opportunity,' concludes Alexander, who rates RIVN stock a Buy. (To watch Gary Alexander's track record, click here) Wall Street, however, isn't quite as enthusiastic. Analysts are still riding the brakes, with 14 Holds outweighing just 6 Buys and 3 Sells, leaving Rivian with a consensus rating of Hold (i.e., Neutral). That said, the average 12-month price target sits at $13.70, implying potential upside of 16% from current levels. (See ) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Globe and Mail
15-04-2025
- Business
- Globe and Mail
‘Take the Advantage of the Dip,' Says Top Investor About Oracle Stock
Thus far, 2025 has not necessarily been one of celebration and good cheer for investors in many of the large technology firms. Oracle (NYSE:ORCL) is no exception. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. The company has been caught up in a number of trends putting pressure on tech stocks, including tariff worries and rising fears surrounding a global slowdown. In addition, the company's most recent Fiscal 2025 Third quarterly report published in early March (Oracle's fiscal year runs from June 1 st – May 31 st) gave investors pause. Oracle's revenues of $14.13 billion – representing year-over-year growth of 6% – missed expectations by -$259.18 million, while its EPS GAAP of $1.02 missed by -$0.04. All told, ORCL is down almost 20% for the year. Top investor Gary Alexander isn't worried by the recent drop. On the contrary, he thinks it is time to take advantage of the dip, and jump on board. 'Already one of the world's most dominant software companies, the company has built up a massive deferred revenue backlog that is pre-empting a sharp acceleration in revenue next year,' asserts the 5-star investor, who is in the top 3% of TipRanks' stock pros. Alexander points to numerous reasons for optimism, starting with the company's exceptionally broad product offerings. Oracle's broad portfolio extends well beyond database software, encompassing a wide range of cloud applications covering sales, finance, and more. This gives Oracle a decisive leg up over would-be competitors, the investor explains. 'In my view, the recent trends of greater IT budget scrutiny will make it tougher for smaller, single-app companies to land deals, and push more business toward large portfolios like Oracle,' adds Alexander. Moreover, the demand for ORCL's database services has been increasing, notes the investor. Alexander points out that GPU consumption for AI model training on the Oracle platform has more than tripled during the past year. The company is expecting to almost double revenue growth during the next year, further explains Alexander, thanks to its 'substantial' backlog of sales. And revenues should continue accelerating going forward, believes the investor, who points out that Oracle has guided for 20% growth in Fiscal Year 2027. 'Stay long here and use this year's dip as a buying opportunity,' concludes Alexander, who rates ORCL a Buy. (To watch Alexander's track record, click here) By and large, Wall Street agrees with this assessment. With 15 Buy and 13 Hold ratings, ORCL enjoys a Moderate Buy consensus rating. Its 12-month average price target of $182.32 has an upside of ~35% in the year ahead. (See ORCL stock forecast) To find good ideas for AI stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.
Yahoo
08-04-2025
- Automotive
- Yahoo
IMPROVLearning Expands New York Defensive Driving Courses Amid Rising Insurance Fraud Concerns
NEW YORK, NY, April 08, 2025 (GLOBE NEWSWIRE) -- IMPROVLearning, a leading provider of online driver training courses, announced today the expansion of its engaging defensive driving program across major New York cities. This strategic launch comes at a critical time as the New York Department of Motor Vehicles warns residents about a surge in insurance-related scams targeting drivers. Recent alerts from the New York DMV have highlighted sophisticated fraud schemes where scammers pose as insurance representatives, attempting to extract personal information and payments from unsuspecting drivers. These scams often target individuals seeking to reduce insurance premiums or resolve traffic violations, precisely the legitimate services that IMPROVLearning provides through proper channels. 'With insurance fraud on the rise in New York, it's more important than ever for drivers to choose trusted, state-approved programs for their defensive driving education,' said Gary Alexander, CEO at IMPROVLearning. 'Our expansion across New York state gives residents access to courses that not only help them drive safer but also legitimately reduce points on their license and lower auto insurance premiums by 10% of the base of the policy upon completion.' The company's philosophy that 'driver education doesn't have to be dry and boring' resonates with New Yorkers seeking efficient, engaging ways to complete mandatory defensive driving requirements. IMPROVLearning's courses are now available to residents in several major metropolitan areas across the state: Buffalo Buffalo drivers contending with harsh winter conditions and busy urban traffic can now access specialized defensive driving training through IMPROVLearning's Buffalo online course. The program addresses region-specific challenges while helping residents qualify for insurance discounts and point Rochester Rochester's unique blend of urban and suburban driving environments presents distinct challenges for local motorists. IMPROVLearning's Rochester-specific defensive driving program offers tailored content that helps drivers navigate local traffic patterns while earning valuable insurance Yonkers Commuters in Yonkers now have access to specialized defensive driving training that addresses the complexities of driving in the New York metropolitan area. The course helps Yonkers residents reduce points on their driving records while learning critical skills to avoid accidents in one of the nation's busiest traffic Syracuse Syracuse drivers facing challenging seasonal driving conditions can benefit from IMPROVLearning's Syracuse defensive driving course, which combines engaging content with practical techniques for navigating central New York's diverse driving All IMPROVLearning courses are fully approved by the New York DMV and provide legitimate benefits including potential point reduction, insurance premium discounts, and in some cases, traffic ticket dismissal. The company emphasizes that, unlike fraudulent schemes currently targeting New Yorkers, their courses provide verifiable credentials and benefits through official channels. As insurance scams continue to proliferate across New York state, IMPROVLearning reminds drivers that legitimate defensive driving programs never request payment through unusual methods, pressure customers with urgent deadlines, or solicit personal information through unsecured channels. The company's expansion comes as part of its commitment to making defensive driving education more accessible, engaging, and beneficial to drivers nationwide under their motto: 'Fast. Fun. Done.' For more information about IMPROVLearning's New York defensive driving programs, visit or contact Liam Hoch: liamh@ About IMPROVLearning IMPROVLearning's Mission is to save lives and reduce vehicle crashes through innovative training. Their vision is to rethink the ordinary, and they believe new driver training is an industry that is stuck in the past. It's time that driver's education evolves to meet today's new drivers. Utilized by government agencies, fortune 500 companies, top insurance carriers, and private driving schools, IMPROV's online courses are offered in thirty-four states. Over the last 25 years, they have provided Teen Driver's Education, Traffic School, Defensive Driving, and Insurance Discount courses to over 4 million students. Source: CONTACT: IMPROVLearning 575 Lexington Ave 4th Floor New York NY 10022 United States 646 454 5114 in to access your portfolio
Yahoo
12-03-2025
- Business
- Yahoo
Dublin zoning officials back Bogey Inn revamp, but urge design tweaks
DUBLIN, Ohio (WCMH) — Dublin zoning officials said they support plans to transform The Bogey Inn into an 'entertainment campus' but argue the building's blueprint needs to be tinkered with given it 'ignores some obvious urban design queues.' Rise Brands, the group behind Pins Mechanical Co., presented on March 6 to the city's planning and zoning commission its revitalization plan for the former Dublin bar at 6013 Glick Road. While all members said they like the concept, many agreed with Commissioner Gary Alexander in arguing the new Bogey Inn would have more opportunities to link with other future development if the building's orientation was adjusted and constructed closer to the street. Dublin Scioto High School expansion gears up, with groundbreaking set for May 'I like the idea, but what I would not support is the way the site is laid out. I think, in some way, it's contrary to what our community plan is attempting to do,' Alexander said. 'I think your [building] is designed around the concept and not the site. It looks like you came with a preconceived concept and dropped it on the site. … It ignores some obvious urban design queues.' Rise announced in January it would reopen The Bogey Inn during summer 2026, with plans to transform the property with indoor and outdoor bars, a food hall, live entertainment, a 36-hole putting course and more. Renderings released earlier in March show how the company is planning to reinvent the inn by blending 'timeless tradition of golf with family-friendly fun to create a vibrant entertainment campus.' Watch a previous NBC4 report on the Bogey Inn revamp in the video player above. At the meeting, Rise CEO Troy Allen emphasized that the company is aiming to honor the original Bogey Inn 'as much as we can' by keeping with a 1960s hotel-style aesthetic. Allen also boasted that, once completed, the building will be open year round and be home to various food vendors with permanent stalls inside the inn. 'It's an icon here in Dublin and in Shawnee Hills,' Allen said. 'As things kinda lined up with the Memorial and other partners, we knew that something special needed to be done here for the community and to kinda honor the Bogey. And so, that's what we think we've done to redevelop this and do more of an entertainment campus.' Surgeon turned beer-maker eyes spring opening for central Ohio brewery The Bogey Inn permanently closed in 2022 after previous owner Jeff Parenteau died, then briefly reopened in 2023 and again in the summer of 2024 for the Memorial Tournament, the annual PGA Tour stop at Muirfield Village. The inn then auctioned off more than 800 of the restaurant's items — branded tables and chairs, signage, kitchenware and more — in October, ahead of the building's demolition. Rise said in January's announcement that construction would start this year by replacing the building and expanding the property, while the 'Bogey Inn' name will be preserved to retain the bar's 'history, nostalgia, and a bit of its original charm.' The company noted the inn will be revamped in collaboration with the Memorial. Commissioner Jason Deschler echoed support during the meeting for the idea, saying he was a Bogey frequenter dating to the 1980s. Commissioner Jamey Chinnock said he appreciated Rise's effort to bring a unique concept to Dublin but also expressed concern for the building's configuration on the property. 'It brings up a lot of concerns with alcohol and, I know you said you're going to control it, but when there's the Memorial Tournament and there's thousands of people up there, I don't know how you're going to control it,' Chinnock said. 'Those greens being that close to the roadways, and the outdoor bar. Awesome concept, but I think you need to think about controlling access to it.' M/I Homes clears hurdle for single-family lots part of 230-acre Delaware development Kim Way, another commission member who was acting chair during the March meeting, reiterated the members' concerns while emphasizing the Dublin community's excitement for the project. Rise will return for further review from the commission before receiving a vote from city council for construction to begin. 'As you develop the architecture, just think that this is, again, a gateway into Dublin,' Way said. 'This building is gonna represent Dublin and I'm sure you'll continue to work that way.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
