Latest news with #LauraChampine
Business Insider
26-05-2025
- Business
- Business Insider
Bj's Wholesale Club Holdings (BJ) Gets a Hold from Evercore ISI
In a report released on May 23, Greg Melich from Evercore ISI maintained a Hold rating on Bj's Wholesale Club Holdings (BJ – Research Report), with a price target of $115.00. The company's shares closed last Friday at $116.48. Confident Investing Starts Here: Melich covers the Consumer Cyclical sector, focusing on stocks such as Advance Auto Parts, Costco, and Genuine Parts Company. According to TipRanks, Melich has an average return of 12.0% and a 67.20% success rate on recommended stocks. In addition to Evercore ISI, Bj's Wholesale Club Holdings also received a Hold from Loop Capital Markets's Laura Champine in a report issued on May 23. However, on the same day, Wells Fargo maintained a Buy rating on Bj's Wholesale Club Holdings (NYSE: BJ). The company has a one-year high of $121.10 and a one-year low of $76.33. Currently, Bj's Wholesale Club Holdings has an average volume of 2.18M. Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BJ in relation to earlier this year. Earlier this month, Eddy Robert W. , the President & CEO of BJ sold 17,900.00 shares for a total of $2,103,093.15.
Time of India
21-05-2025
- Business
- Time of India
Why Costco is shutting its doors on Memorial Day even as it emerges a winner in the tariff era
Costco balances Memorial Day closure with strong gains amid tariff pressures Costco customers looking to stock up for Memorial Day barbecues will need to plan ahead this year. The beloved retail warehouse giant is keeping all its US locations closed on Monday, May 26, 2025, in observance of Memorial Day, a move that aligns with its long-standing tradition of recognizing national holidays and giving employees time to rest and reflect. More than just a day off, Memorial Day holds deep significance in the United States. It commemorates fallen military service members, and Costco's choice to close its doors speaks to a company culture that places values on par with profits, a rare feat in the retail sector. Also read: Memorial day 2025: Recession fear is no more among Americans as over 45 million people are making this bold move But while stores go dark for 24 hours, Wall Street sees Costco shining through a much larger battlefield and is now the one unfolding in global trade. Live Events Costco closes for Memorial Day and more key holidays in 2025 Costco has confirmed that it will remain closed on Memorial Day as well as several other holidays throughout 2025. These include Independence Day, Labor Day, Thanksgiving Day, and Christmas Day. The closures reflect a consistent message: respect for major national events and an understanding of work-life balance in retail employment. According to the Wounded Warrior Project, Memorial Day specifically honors "the sacrifice and loss of those who served and died in the military.' Costco's move is not just symbolic but also strategic, reinforcing its customer loyalty by standing out in an industry often criticized for holiday consumerism. The company's commitment to pausing business on key dates has long been part of its employee-first policy, which often earns praise from both workers and consumers. Also read: Memorial Day 2025: Is stock market open in US on Memorial Day? Check details Tariff turbulence creates opportunity for Costco in 2025 While many retailers are struggling amid rising tariffs and inflation, Costco is projected to be one of the few winners in this high-pressure environment. Analysts at Loop Capital have dubbed the company a 'tariff winner' thanks to its unique wholesale model and value-driven membership base. In a recent report, Loop Capital reiterated its buy rating on Costco's stock but slightly revised its price target from $1,150 to $1,045. Despite the adjustment, Costco remains resilient with stock dropping less than 1 per cent in 2025, far outperforming the S&P 500, which has plunged 15 per cent over the same period. Analyst Laura Champine explains that while short-term risks remain, Costco's deliberate pricing approach will help it recover and even expand its market share. 'We're assuming that margins are negatively impacted by tariffs. Costco is slow to pass on cost increases, so there is certainly risk to even our lowered estimates in the near-term,' she said. 'Over time, Costco capitulates to market pricing trends to capture its normal margin levels.' Also read: Is Memorial Day a federal holiday in the US? Check what's open and shut Why Costco's model may weather the next recession Costco's massive membership base, tight inventory control, and minimal advertising give it a defensive edge when the economy falters. With consumer spending under pressure, the retailer's ability to offer value becomes even more attractive to shoppers tightening their budgets. Loop Capital believes that the very economic volatility troubling other retailers is what enhances Costco's value proposition. As costs rise industry-wide, shoppers are increasingly turning to bulk-buying and reliable pricing in areas where Costco excels.
Yahoo
03-04-2025
- Business
- Yahoo
Broadcom Inc. (AVGO): Among The Best US Stocks To Buy For Foreign Investors
We recently published a list of . In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against other best American stocks to buy. In the coming week, the resilience of the US stock market will be challenged as President Trump's tariff plans and employment report reveal the actual condition of the economy. Price pressures led to the broader market ending the week on a loss, and the benchmark was in correction territory earlier this month. Market experts believe the economy is moving too fast, and there is much volatility, so it is hard to predict the outcome for the coming months. Trump set April 2 as the date he will announce several tariffs. The Bank of America cautioned investors to prepare for a double-digit correction this year that will shake the stock market. The firm sees the broader market dipping to 5,000 if the economy takes a nosedive and unemployment peaks. However, BofA believes that if the benchmark hits 5,000, it can recover and close the year at 5,500. According to its base case, BofA expects stocks to finish the year higher, with the benchmark oscillating between 5,885 and 6,175 points. This indicates an upside of nearly 7% from present levels. Wall Street experts are also predicting a recession might be in the cards. Markets are currently fretting over soft economic data and awaiting the effect of tariffs. While the economy is teetering and has investors on edge, some experts see buying opportunities in this market. Laura Champine, Senior Consumer Analyst at Loop Capital Markets, joined CNBC on March 14 and commented that markets are shaky, but there are opportunities in consumer discretionary stocks. This macro environment is suitable for some American companies that can quickly adjust, especially retailers with a loyal customer base and that do not rely on imported products. Some big-box retailers primarily make money from subscription fees, so tariffs don't threaten their earnings. Moreover, Champine was also bullish on select cruise line stocks, even while the market generally pulls back from travel stocks for now since their cruises are booked for the next year in advance. So earnings won't take a significant hit in the current environment. The analyst also recommended a US manufacturer of appliances, which has significantly plummeted. Still, she noted that this is the best time to buy because American manufacturers will likely fare well under the current government. To put buying opportunities in perspective, Wall Street's AI darling recently went through a slump. According to BofA, this could be an opening for investors who want exposure to semiconductors, GPUs, and AI. Similarly, Jim Lebenthal, Chief Equity Strategist at Cerity Partners, told CNBC on March 10 that the current market offers an excellent opportunity to pick up Magnificent Seven stocks since they're trading at great prices. Keeping expert advice in mind on how to invest in the present market environment, let's take a look at the best American stocks to buy for foreign investors. A technician working at a magnified microscope, developing a new integrated find the best US stocks for foreign investors, we started from the top of Insider Monkey's Q4 2024 database to identify US stocks. Then, we checked for average upside potential for these stocks to understand what analysts were bullish on. To finalise our selection, we chose the top 10 US stocks owned by elite hedge funds, with an average upside potential of over 30% as of March 30. The stocks are ranked in ascending order of the hedge fund sentiment. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). Broadcom Inc. (NASDAQ:AVGO) is a prominent player in the US semiconductor industry. The company provides semiconductor hardware and infrastructure software, catering to data center, networking, broadband, storage, and industrial customers. On March 7, Cantor Fitzgerald was bullish on AVGO, maintaining an Overweight rating on the shares with a price target of $300. The firm credited its positive stance on Broadcom to its impressive financial results, which topped Street estimates. For fiscal year 2024, Broadcom Inc. (NASDAQ:AVGO)'s revenue stood at $51.6 billion, up 44% year-over-year. The infrastructure software revenue came in at $21.5 billion, signaling seamless integration of VMware. The company's AI revenue rose 220% year-over-year because of its XPUs and Ethernet networking portfolio. In Q4 2024, Broadcom's cash from operations stood at $5.6 billion, and its cash and cash equivalents at the end of the quarter were nearly $9.3 billion. On March 6, Broadcom Inc. (NASDAQ:AVGO) declared a quarterly dividend of $0.59 per share. The dividend is payable on March 31, to shareholders on record as of March 20. The company has a 14-year history of dividend growth and counting. Among the hedge funds tracked by Insider Monkey in Q4 2024, 161 funds reported owning stakes in Broadcom Inc. (NASDAQ:AVGO), compared to 128 funds in the preceding quarter. Ken Fisher's Fisher Asset Management is the leading position holder in the company, with 23.9 million shares worth $5.5 billion. Overall, Broadcom Inc. (NASDAQ:AVGO) ranks 7th on our list of the best US stocks to buy for foreign investors. While we acknowledge the potential of AVGO to grow, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AVGO but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
03-04-2025
- Business
- Yahoo
Vistra Corp. (VST): Among The Best US Stocks To Buy For Foreign Investors
We recently published a list of . In this article, we are going to take a look at where Vistra Corp. (NYSE:VST) stands against other best American stocks to buy. In the coming week, the resilience of the US stock market will be challenged as President Trump's tariff plans and employment report reveal the actual condition of the economy. Price pressures led to the broader market ending the week on a loss, and the benchmark was in correction territory earlier this month. Market experts believe the economy is moving too fast, and there is much volatility, so it is hard to predict the outcome for the coming months. Trump set April 2 as the date he will announce several tariffs. The Bank of America cautioned investors to prepare for a double-digit correction this year that will shake the stock market. The firm sees the broader market dipping to 5,000 if the economy takes a nosedive and unemployment peaks. However, BofA believes that if the benchmark hits 5,000, it can recover and close the year at 5,500. According to its base case, BofA expects stocks to finish the year higher, with the benchmark oscillating between 5,885 and 6,175 points. This indicates an upside of nearly 7% from present levels. Wall Street experts are also predicting a recession might be in the cards. Markets are currently fretting over soft economic data and awaiting the effect of tariffs. While the economy is teetering and has investors on edge, some experts see buying opportunities in this market. Laura Champine, Senior Consumer Analyst at Loop Capital Markets, joined CNBC on March 14 and commented that markets are shaky, but there are opportunities in consumer discretionary stocks. This macro environment is suitable for some American companies that can quickly adjust, especially retailers with a loyal customer base and that do not rely on imported products. Some big-box retailers primarily make money from subscription fees, so tariffs don't threaten their earnings. Moreover, Champine was also bullish on select cruise line stocks, even while the market generally pulls back from travel stocks for now since their cruises are booked for the next year in advance. So earnings won't take a significant hit in the current environment. The analyst also recommended a US manufacturer of appliances, which has significantly plummeted. Still, she noted that this is the best time to buy because American manufacturers will likely fare well under the current government. To put buying opportunities in perspective, Wall Street's AI darling recently went through a slump. According to BofA, this could be an opening for investors who want exposure to semiconductors, GPUs, and AI. Similarly, Jim Lebenthal, Chief Equity Strategist at Cerity Partners, told CNBC on March 10 that the current market offers an excellent opportunity to pick up Magnificent Seven stocks since they're trading at great prices. Keeping expert advice in mind on how to invest in the present market environment, let's take a look at the best American stocks to buy for foreign investors. Solar panel workers installing a new farm for clean energy find the best US stocks for foreign investors, we started from the top of Insider Monkey's Q4 2024 database to identify US stocks. Then, we checked for average upside potential for these stocks to understand what analysts were bullish on. To finalise our selection, we chose the top 10 US stocks owned by elite hedge funds, with an average upside potential of over 30% as of March 30. The stocks are ranked in ascending order of the hedge fund sentiment. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). Vistra Corp. (NYSE:VST) is a Texas-based electricity and natural gas provider to residential, commercial, and industrial customers within the United States and the District of Columbia. The company generates electricity, is involved in fuel production, commodity risk management, and fuel logistics, and is a wholesale energy retailer. It is one of the best American stocks to buy, with an average analyst upside potential of 48% as of March 30. On December 17, 2024, Vistra Corp. (NYSE:VST) announced that it had deployed two new solar projects in Illinois. The company's 1,185-megawatt (MW) Baldwin Power Plant in Illinois will now operate until 2027 instead of closing operations in 2025. Vistra has invested around $135 million in Illinois energy, and the solar facility will generate approximately 140,000 MWh of clean energy for the next two decades. 2024 was a busy year for Vistra Corp. (NYSE:VST). The company finalized the acquisition of three nuclear sites, gaining around one million customers and 2,000 new employees and becoming the second-largest nuclear fleet in the US. Vistra also became part of the S&P index and the Dow Jones Sustainability indices in 2024. The company exceeded financial expectations for the year as well. Net income came in at $2.8 billion, with an adjusted EBITDA of $5.65 billion for the full year. This was supported by unrealized gains on derivative positions, adding Energy Harbor to its portfolio, and growth in revenue from nuclear tax credits in Q4. Vistra has repurchased nearly shares worth $4.9 billion since November 2021, with almost 339 million shares outstanding. The company expects to complete repurchases of around $1.9 billion by the end of 2026. On March 4, BofA upgraded Vistra Corp. (NYSE:VST) from Neutral to Buy but trimmed the price target from $164 to $152 in light of Vistra's recent plummeting shares. Analysts noted that the lack of data center announcements sunk the stock. However, they believe that the company's core operations, including electricity generation and retail, could potentially benefit from strained energy markets in the PJM and ERCOT regions. Stephen Mandel's Lone Pine Capital was the largest stakeholder of Vistra Corp. (NYSE:VST) at the end of Q4 2024, with 5.35 million shares worth $738 million. Overall, 123 hedge funds were bullish on the stock, up from 97 funds in the earlier quarter. Overall, Vistra Corp. (NYSE:VST) ranks 8th on our list of the best US stocks to buy for foreign investors. While we acknowledge the potential of VST to grow, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than VST but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
02-04-2025
- Business
- Yahoo
Adobe Inc. (ADBE): Among the Best US Stocks to Buy For Foreign Investors
We recently published a list of . In this article, we are going to take a look at where Adobe Inc. (NASDAQ:ADBE) stands against other best American stocks to buy. In the coming week, the resilience of the US stock market will be challenged as President Trump's tariff plans and employment report reveal the actual condition of the economy. Price pressures led to the broader market ending the week on a loss, and the benchmark was in correction territory earlier this month. Market experts believe the economy is moving too fast, and there is much volatility, so it is hard to predict the outcome for the coming months. Trump set April 2 as the date he will announce several tariffs. The Bank of America cautioned investors to prepare for a double-digit correction this year that will shake the stock market. The firm sees the broader market dipping to 5,000 if the economy takes a nosedive and unemployment peaks. However, BofA believes that if the benchmark hits 5,000, it can recover and close the year at 5,500. According to its base case, BofA expects stocks to finish the year higher, with the benchmark oscillating between 5,885 and 6,175 points. This indicates an upside of nearly 7% from present levels. Wall Street experts are also predicting a recession might be in the cards. Markets are currently fretting over soft economic data and awaiting the effect of tariffs. While the economy is teetering and has investors on edge, some experts see buying opportunities in this market. Laura Champine, Senior Consumer Analyst at Loop Capital Markets, joined CNBC on March 14 and commented that markets are shaky, but there are opportunities in consumer discretionary stocks. This macro environment is suitable for some American companies that can quickly adjust, especially retailers with a loyal customer base and that do not rely on imported products. Some big-box retailers primarily make money from subscription fees, so tariffs don't threaten their earnings. Moreover, Champine was also bullish on select cruise line stocks, even while the market generally pulls back from travel stocks for now since their cruises are booked for the next year in advance. So earnings won't take a significant hit in the current environment. The analyst also recommended a US manufacturer of appliances, which has significantly plummeted. Still, she noted that this is the best time to buy because American manufacturers will likely fare well under the current government. To put buying opportunities in perspective, Wall Street's AI darling recently went through a slump. According to BofA, this could be an opening for investors who want exposure to semiconductors, GPUs, and AI. Similarly, Jim Lebenthal, Chief Equity Strategist at Cerity Partners, told CNBC on March 10 that the current market offers an excellent opportunity to pick up Magnificent Seven stocks since they're trading at great prices. A team of engineers and scientists collaborating at a workstation surrounded by their applications and solutions. To find the best US stocks for foreign investors, we started from the top of Insider Monkey's Q4 2024 database to identify US stocks. Then, we checked for average upside potential for these stocks to understand what analysts were bullish on. To finalise our selection, we chose the top 10 US stocks owned by elite hedge funds, with an average upside potential of over 30% as of March 30. The stocks are ranked in ascending order of the hedge fund sentiment. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Adobe Inc. (NASDAQ:ADBE) is an American computer software company that has three main segments – Digital Media, Digital Experience, and Publishing and Advertising. The company's product offerings include Photoshop, Acrobat Illustrator, Lightroom, Captivate, Dreamweaver, and Creative Cloud, among others. On March 18, Adobe and Publicis Groupe announced they were extending their partnership. Adobe's Firefly Gen-AI will be combined with Publicis' intelligent system CoreAI to help businesses scale the production of personalized content, reach niche and specific audiences, and increase client engagement. On March 19, BMO Capital Markets assigned an Outperform rating to Adobe Inc. (NASDAQ:ADBE) with a $495 price target. Analyst Keith Bachmann observed that the company has solid growth potential and technological capacity, compared to its current valuation. Adobe also offers robust operational efficiency. For FY24, Adobe Inc. (NASDAQ:ADBE) did well financially, driven by strong demand for Creative Cloud, Document Cloud, and Experience Cloud amidst an AI-powered world. For the year, the company reported a revenue of $21.51 billion and an operating cash flow of $8.06 billion. For the fourth quarter, revenue increased 11% year-over-year to $5.61 billion, and diluted GAAP earnings per share came in at $3.79. Adobe bought back roughly 4.6 million shares during Q4. According to Insider Monkey's fourth quarter database, 117 hedge funds held stakes in Adobe Inc. (NASDAQ:ADBE), compared to 123 funds in the preceding quarter. Peter Rathjens, Bruce Clarke, and John Campbell's is the largest stakeholder of the company, with 2.10 million shares worth $937.3 million. Adobe Inc. (NASDAQ:ADBE) ranks 9th on our list of the best American stocks to invest in. Overall, ADBE ranks 9th on our list of the best US stocks to buy for foreign investors. While we acknowledge the potential of ADBE to grow, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ADBE but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
