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3 Stocks Under $50 We Think Twice About
3 Stocks Under $50 We Think Twice About

Yahoo

time2 days ago

  • Business
  • Yahoo

3 Stocks Under $50 We Think Twice About

The $10-50 price range often includes mid-sized businesses with proven track records and plenty of growth runway ahead. They also usually carry less risk than penny stocks, though they're not immune to volatility as many lack the scale advantages of their larger peers. This is precisely where StockStory comes in - we do the heavy lifting to identify companies with solid fundamentals so you can invest with confidence. Keeping that in mind, here are three stocks under $50 to avoid and some other investments you should consider instead. Hormel Foods (HRL) Share Price: $29.24 Best known for its SPAM brand, Hormel (NYSE:HRL) is a packaged foods company with products that span meat, poultry, shelf-stable foods, and spreads. Why Are We Wary of HRL? Declining unit sales over the past two years indicate demand is soft and that the company may need to revise its product strategy Commoditized products, bad unit economics, and high competition are reflected in its low gross margin of 16.7% Performance over the past three years shows each sale was less profitable as its earnings per share dropped by 6.5% annually, worse than its revenue Hormel Foods's stock price of $29.24 implies a valuation ratio of 16.9x forward P/E. Check out our free in-depth research report to learn more about why HRL doesn't pass our bar. Simply Good Foods (SMPL) Share Price: $33.39 Best known for its Atkins brand that was inspired by the popular diet of the same name, Simply Good Foods (NASDAQ:SMPL) is a packaged food company whose offerings help customers achieve their healthy eating or weight loss goals. Why Are We Hesitant About SMPL? Smaller revenue base of $1.46 billion means it hasn't achieved the economies of scale that some industry juggernauts enjoy Estimated sales growth of 1.5% for the next 12 months implies demand will slow from its three-year trend Capital intensity has ramped up over the last year as its free cash flow margin decreased by 5.5 percentage points Simply Good Foods is trading at $33.39 per share, or 16.6x forward P/E. Read our free research report to see why you should think twice about including SMPL in your portfolio, it's free. TaskUs (TASK) Share Price: $17.06 Starting as a virtual assistant service in 2008 before evolving into a global digital services provider, TaskUs (NASDAQ:TASK) provides outsourced digital services including customer experience management, content moderation, and AI data services to innovative technology companies. Why Does TASK Give Us Pause? Sales trends were unexciting over the last two years as its 1.8% annual growth was below the typical business services company Falling earnings per share over the last two years has some investors worried as stock prices ultimately follow EPS over the long term Underwhelming 5.4% return on capital reflects management's difficulties in finding profitable growth opportunities At $17.06 per share, TaskUs trades at 12.2x forward P/E. Dive into our free research report to see why there are better opportunities than TASK. Stocks We Like More When Trump unveiled his aggressive tariff plan in April 2025, markets tanked as investors feared a full-blown trade war. But those who panicked and sold missed the subsequent rebound that's already erased most losses. Don't let fear keep you from great opportunities and take a look at Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.

Here's What to Expect From Hormel Foods' Next Earnings Report
Here's What to Expect From Hormel Foods' Next Earnings Report

Yahoo

time6 days ago

  • Business
  • Yahoo

Here's What to Expect From Hormel Foods' Next Earnings Report

Austin, Minnesota-based Hormel Foods Corporation (HRL) develops, processes, and distributes a range of meat, nuts, and other food products to foodservice, convenience store, and commercial customers. Valued at $16.2 billion by market cap, the company markets its products around the world under a variety of branded names like HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BLACK LABEL, BURKE, CAFÉ H, CHI-CHI'S, and more. The diversified food giant is expected to announce its fiscal third-quarter earnings for 2025 on Wednesday, Sep. 3. Ahead of the event, analysts expect HRL to report a profit of $0.41 per share on a diluted basis, up 10.8% from $0.37 per share in the year-ago quarter. The company beat or matched the consensus estimates in two of the last four quarters while missing the forecast on two other occasions. More News from Barchart UnitedHealth Stock Spirals Lower Again. Don't Buy the Dip. This Self-Driving Car Stock Is Surging on a Major Nvidia Boost Auto Revenue Keeps Plunging at Tesla. Should You Buy the TSLA Stock Dip or Run Far Away? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. For the full year, analysts expect HRL to report EPS of $1.60, up 1.3% from $1.58 in fiscal 2024. Its EPS is expected to rise 10% year over year to $1.76 in fiscal 2026. HRL stock has underperformed the S&P 500 Index's ($SPX) 17.3% gains over the past 52 weeks, with shares down 7% during this period. Similarly, it underperformed the Consumer Staples Select Sector SPDR Fund's (XLP) 4.6% gains over the same time frame. HRL has faced challenges passing rising costs to consumers, the avian flu outbreak, a slow rebound in China, and acquisition issues with Planters. These issues have impacted sales volumes, particularly in the retail and foodservice sectors. The Trump administration tariffs on imported ingredients have also affected profits across the company's verticals. On May 29, HRL shares closed up more than 1% after reporting its Q2 results. Its adjusted EPS of $0.35 met Wall Street's expectations. The company's revenue was $2.9 billion, also meeting Wall Street forecasts. HRL expects full-year adjusted EPS in the range of $1.58 to $1.68. Analysts' consensus opinion on HRL stock is reasonably bullish, with an overall 'Moderate Buy' rating. Out of 10 analysts covering the stock, three advise a 'Strong Buy' rating, and seven give a 'Hold.' HRL's average analyst price target is $32.88, indicating a potential upside of 12.2% from the current levels. On the date of publication, Neha Panjwani 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 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

Sudan war intensifies in Kordofan as RSF razes villages
Sudan war intensifies in Kordofan as RSF razes villages

Middle East Eye

time21-07-2025

  • Politics
  • Middle East Eye

Sudan war intensifies in Kordofan as RSF razes villages

A village in the Sudanese state of North Kordofan was razed to the ground after a massacre by Rapid Support Forces (RSF) paramilitaries, new satellite imagery shows. Hundreds of civilians were killed by the RSF on Saturday and Sunday as its war with the Sudanese Armed Forces (SAF) intensifies in the strategically vital Kordofan region. Images collected by Yale University's Humanitarian Research Lab (HRL), which has monitored the war in Sudan since it began in April 2023, show the smouldering ruins of the Shaq al-Noum, one of several villages in North Kordofan attacked by the RSF over the weekend. The HRL identified smoke rising from several recently razed structures as well as disjoined areas of thermal scarring 'indicative of intentional arson attacks'. Also visible, it said, was a pattern consistent with vehicle tracks 'around buildings and throughout the community'. More than 200 civilians are believed to have been killed, most of them burned alive in their homes or shot dead, in the attack on Shaq al-Noum, which began on 12 July. The massacre is believed to be one of the deadliest to have taken place during the war in Sudan. Footage reportedly shot in Shaq al-Noum and cited by Sudan War Monitor showed structures ablaze and RSF troops running between houses. Shouts and gunfire could also be heard. New MEE newsletter: Jerusalem Dispatch Sign up to get the latest insights and analysis on Israel-Palestine, alongside Turkey Unpacked and other MEE newsletters The Emergency Lawyers human rights group said at least 38 others were killed in simultaneous massacres in the nearby villages of Fojah, Umm Nabag, Jakouh and Mishqah, while dozens were forcibly disappeared or detained. Faheem, a man from one of these villages, told campaign group Avaaz that the RSF had arrived in his village, Fojah, in a convoy of around 30 vehicles. 'The vehicles surrounded the village, forced people to line up, and began detonating explosives in homes,' he said. 'Our houses are mostly made of straw, so fires broke out quickly. 'I saw my aunt's house burning. She's one of the oldest women in the village. I grabbed my children and we ran. We didn't hear from anyone else.' The importance of Kordofan Kholood Khair, a Sudanese analyst and founder of the Confluence Advisory think tank, told Middle East Eye that the intensification of 'back and forth' fighting across Kordofan was reminiscent of the beginning of the war, when the two sides were yet to settle into their respective power bases - the RSF in the western region of Darfur, the army in the central and eastern areas of the country. The city of el-Obeid, a strategically vital point that sits close to roads that run to Darfur and to the capital Khartoum, is held by the army but was previously under an RSF siege. The paramilitaries are now shelling it again to try and wrest back control. On 13 July, 46 civilians, including pregnant women and children, were killed in an RSF attack on the village of Hilat Hamid, close to the town of Bara, which has been under paramilitary control for most of the war. Egypt hosts secret talks between Sudan's Burhan and Libya's Haftar in bid to mend ties, sources say Read More » In West Kordofan, SAF air strikes killed at least 23 civilians from 10 to 14 July, and on 17 July at least 11 more civilians were killed in another strike in the Bara locality. 'Kordofan is now the strategic point,' Khair said. Key roads run through North Kordofan to el-Fasher, the capital of North Darfur besieged by the RSF, and Khartoum and its twin city Omdurman, which have recently been retaken by the army. With Sudan's rainy season at its worst between June and September, Khair said that both the RSF and the army are looking to make gains in Kordofan to mount offensives on el-Fasher or Omdurman when the dry weather comes in October and November. Witnesses told MEE that drones are being used by both sides across Kordofan - as they are in other parts of Sudan. The back and forth fighting comes as both sides await a diplomatic intervention from international actors - particularly the US administration of President Donald Trump. 'Both sides very much want to pursue a military push while they are putting in place all the necessary conditions for themselves ahead of any diplomatic mediation - particularly from the US,' Khair said. Sudan's army-led government is being run from Port Sudan, on the Red Sea coast, while the RSF has set up a governing alliance in Nyala, South Darfur. Humanitarian operations The intensification of fighting across Kordofan has 'badly affected' the operations of aid agencies there, Shihab Mohamed Ali, a senior programme manager for Islamic Relief in Sudan, told MEE. The charity runs 36 health centres in West Kordofan and 48 health centres in North Kordofan in collaboration with the UN's World Food Programme (WFP) and Unicef. Islamic Relief distributes food, water and cash to Sudanese civilians whose lives have been upended by the war, which has now forced over 12 million people to flee their homes. How Trump's assault on USAID 'will lead to surging mortality' in Sudan Read More » Two Islamic Relief offices in West Kordofan have been looted - one in August 2024, the other in May 2025, Ali said. In both cases, the looting took place in the midst of RSF invasions, though the charity cannot say for sure who was responsible. 'Most parts of West Kordofan are under RSF occupation and the conflict is continuous,' Ali said. 'In that state, Islamic Relief, Unicef and the WFP are trying to distribute aid.' Ali said that away from Kordofan, 'the situation is improving. The local community has played a great role with the community kitchens, where they provide food for people,' referring to the kitchens run by Sudan's Emergency Response Rooms, a network of mutual aid groups. 'They have managed to pass a difficult time,' Ali said, referring partly to the threatened withdrawal of US funding following the dismantling of USAID. 'But the situation is improving in different parts of the country.'

HRL Laboratories Launches Open-Source Solution for Solid-State Spin-Qubits
HRL Laboratories Launches Open-Source Solution for Solid-State Spin-Qubits

Yahoo

time16-07-2025

  • Science
  • Yahoo

HRL Laboratories Launches Open-Source Solution for Solid-State Spin-Qubits

MALIBU, Calif., July 16, 2025--(BUSINESS WIRE)--HRL Laboratories developed an open-source extension to the Quantum Instrumentation Control Kit (QICK), designed to control electrostatically confined semiconductor spin-qubits. Called spinQICK, HRL's solution provides a cost-effective way to rapidly utilize high performance and affordable field-programmable gate array (FPGA) hardware with spinQICK's firmware and software to control spin-qubits. "By creating a cost-effective solution for academic and industry partners, HRL is helping to advance the quantum computing industry and spin qubit community," said Andrew Oriani, a spinQICK Principal Investigator at HRL. Abbie Wessels, a spinQICK Principal Investigator and Lead Developer at HRL, elaborated, "As leaders in quantum science and engineering, we believe that making tools like spinQICK freely available will accelerate scientific progress and push the boundaries of what's possible in spin qubit research." The spinQICK package builds on the standard QICK API, an open source toolkit developed and deployed by Fermilab, with additional low-level extensions tailored for spin-qubit systems. Fermilab is America's particle physics and accelerator laboratory. It is the lead institution for the Superconducting Quantum Materials and Systems Center, plays a major role in the Quantum Science Center headquartered at Oak Ridge National Laboratory, and is a leader in quantum networks and controls including cryoelectronics. The hardware intended for use with spinQICK is vastly more affordable than comparable custom or other commercial hardware systems currently available, without compromising on performance. This enables faster and more affordable adoption of standardized measurement and control methods used for electrostatically confined spin-qubits. The new tool also drives workforce development and quantum outreach by encouraging speedy, efficient engagement with research labs and educational institutions entering the field of semiconductor quantum computing. Sponsoring a clinic team at Harvey Mudd College, HRL is bringing spinQICK and accessible quantum computing solutions to engineering communities. This year's Harvey Mudd team recently showcased their end of year project at HRL, where they integrated spinQICK with custom analog control hardware. Key features of HRL spinQICK: Support for low-cost, off-the-shelf Xilinx Radio Frequency System-on-Chip (RFSoC) Field Programmable Gate Arrays (FPGAs) to rapidly develop novel application-specific experimental hardware and software for spin-qubit control. Enables methods that accommodate single-spin (Loss-DiVincenzo) qubits, including: Charge-stability and electrostatic tune-up Initialization and parity readout Single-spin coherent control and characterization of key properties and gate operations, including: T1, T 2 ∗, T2-Echo, Ramsey and All-XY Exchange calibration Two-qubit gates Provides features for parameter management, plotting and demonstrations to help users get started with spinQICK. "SpinQICK is a great example of how open-source systems such as QICK grow across boundaries, including national labs, academia and industry. We are very impressed with the work done by HRL" said Gustavo Cancelo, leader of QICK development at Fermilab. The HRL spinQICK package is now available here. ----------------- HRL Laboratories, LLC, California ( the next frontiers of physical and information science. Delivering transformative technologies in automotive, aerospace and defense, HRL advances the critical missions of its customers. As a private company owned jointly by Boeing and GM, HRL is a source of innovations that advance the state of the art in profound and far-reaching ways. View source version on Contacts media@ 310-317-5000 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

Goldman Sachs Initiates Coverage on Hormel with a Buy Rating
Goldman Sachs Initiates Coverage on Hormel with a Buy Rating

Yahoo

time25-06-2025

  • Business
  • Yahoo

Goldman Sachs Initiates Coverage on Hormel with a Buy Rating

Hormel Foods Corporation (NYSE:HRL) is one of the Best Dividend Leaders to Buy Now. On June 23, Goldman Sachs started coverage of Hormel with a Buy rating and set a price target of $35. The firm highlighted the company's 'strong protein demand' as a key reason for its positive view. A close-up of a hand cutting fresh turkeys, revealing the perishable products of the company. Goldman also pointed to Hormel's robust packaged food lineup, featuring a variety of brands, price ranges, and options across important protein categories, as the main drivers of its optimistic stance. The firm made the following comment: 'We expect near-term supply reductions in turkey to support our Buy rating on HRL, along with its solid packaged food portfolio, including a recovery in its Planters nut business.' Hormel Foods Corporation (NYSE:HRL) is a solid dividend company, having raised its dividends for 59 consecutive years. The company currently offers a quarterly dividend of $0.29 per share and has a dividend yield of 3.76%, as of June 23. While we acknowledge the potential of HRL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None.

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