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Entrepreneur
a day ago
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MarketBeat Week in Review – 05/26 - 05/30
Despite a tame inflation read, tariff concerns still weigh on investors as the Trump administration's tariff plans will now be litigated in Federal court This story originally appeared on MarketBeat Stocks struggled to find direction after a Federal Court struck down the tariffs that the Trump administration proposed on "Liberation Day." The ruling was reversed on appeal, but it adds another layer of complexity to an ongoing concern for investors. Another concern is inflation. Friday's reading of the Personal Consumption Expenditures (PCE) index showed that inflation is cooling. This raises two questions for investors. First, is this the calm before tariffs cause inflation to move higher? Second, how strong are consumers really? The answers that companies gave this earnings season are "maybe" and "it depends on which consumer." With so many unanswered questions, investors could probably use a quieter summer, but that may not be the case this year. Tariff uncertainty and the likely drama over the Trump administration's major legislative bill moving through Congress will frame the narrative for stocks over the coming months. No matter what happens in the market, the MarketBeat analysts will keep you informed, so investors can step away from their screens. Here are some of our most popular articles from this week. Articles by Thomas Hughes The earnings report from NVIDIA Corp. (NASDAQ: NVDA) has become a "must-see" event for investors. Before the chip maker reported, Thomas Hughes used technical analysis to explain why NVDA stock may rally more than 50% above its pre-earnings level. Workday Inc. (NASDAQ: WDAY) was another AI stock that reported earnings this week. WDAY stock fell on the company's weaker-than-expected guidance. However, Hughes reminds investors that growth is still growth, particularly in an area like artificial intelligence. Nuclear stocks received a boost this week as the Trump administration fulfilled its campaign promise to reduce regulation for the industry. Hughes highlighted three nuclear stocks poised for strong growth. Articles by Sam Quirke Love it or hate it, you can't ignore Tesla Inc. (NASDAQ: TSLA) stock. But this week, Sam Quirke explained why investors may want to hit the Buy button. Elon Musk's return is refocusing investors on Tesla's non-EV ambitions, which Quirke pointed out may be why the stock moves higher. Speaking of stocks that could rally, Quirke explained why investors might want to look at Ltd. (NASDAQ: WIX). The cloud-based website development platform company's stock dropped over 16% after a mixed earnings report, but Quirke gave investors three reasons to believe a significant rally is coming this summer. Normally, stocks with a high relative strength indicator (RSI) are prime candidates to move lower. However, Quirke identified two stocks with scorchingly high RSIs that continue to enjoy favorable analyst sentiment, which could lead to higher highs. Articles by Chris Markoch The fact that Palantir Technologies Inc. (NASDAQ: PLTR) announced another deal is no longer an event that moves PLTR stock. However, Chris Markoch pointed out that its latest deal with the U.S. Department of Defense (DoD) is the company's first $1 billion contract. It's another milestone for the company but may already be priced into the stock. Dividend stock investors know that when it comes to metrics like yield and payout ratio if a number seems too good to be true, it frequently is. However, Markoch analyzed three dividend stocks that have juicy payout ratios, but are still safe stocks to own. The Coca-Cola Company (NYSE: KO) is one of the year's best-performing stocks. It's rival PepsiCo Inc. (NASDAQ: PEP) has been a laggard. This week, Markoch explained why both companies merit a place in portfolios, but PEP stock may have a stronger upside for the rest of the year. Articles by Gabriel Osorio-Mazilli With more autonomous vehicles being tested and deployed for commercial use, it's become an investable theme for more than speculative investors. This week, Gabriel Osorio-Mazilli highlighted two ideas for investors, and Waymo is the key to each. Uber Technologies Inc. (NYSE: UBER) has surprised some investors by emerging as almost a pure-play for autonomous vehicles. The ride-sharing company recently signed a deal with Waymo, which is already delivering over 250,000 monthly rides. However, another way to play that thesis is to go right to the source. In this case that means buying stock in Alphabet Inc. (NASDAQ: GOOGL), which is the parent company of Waymo. With Alphabet facing headwinds in other parts of its business, Waymo's projected growth could be a reason for investors to buy the dip. This week was also a big week for earnings from retail stocks. One of those reports came from Ross Stores Inc. (NASDAQ: ROST). Osorio-Mazilli pointed out that the report dropped the same day that the Trump administration announced a 50% tariff on the EU. However, the double beat from the discount retailer could be a discrepancy you can profit from. Articles by Leo Miller Many investors know that a stock like NVIDIA has coattails. But this week, Leo Miller highlighted the performance of Navitas Semiconductor Corp. (NASDAQ: NVTS). The stock soared over 164% after the company announced a deal with NVIDIA. A pullback may be imminent, but Miller explained why the technology behind Navitas' chips is worth noting. Quantum computing stocks got a lift this week when sector leader IonQ Inc. (NASDAQ: IONQ) compared the company's future to that of NVIDIA. Miller analyzed IONQ along with other quantum stocks that will be leading this emerging sector. Pullbacks are normal when stocks hit their 52-week highs. However, those dips can lead to opportunities. This week, Miller gave investors three stocks to consider, while each is down more than 50% from the 52-week high. Articles by Nathan Reiff Sticking with the quantum stock theme, Nathan Reiff analyzed the strong move in D-Wave Quantum Inc. (NYSE: QBTS) stock. The company recently launched its most powerful commercially available quantum system, Advantage2. Reiff noted that it will be hard for skeptics to ignore the stock's potential, but investors should still be concerned about valuation. Articles by Dan Schmidt During times of volatility, investors want to find stocks that offer stability, but with the potential to outperform. Dan Schmidt gave investors three blue-chip stocks with a history of solid earnings growth and safe dividends. The Trump administration's executive orders on nuclear power may accelerate the development of small nuclear reactors (SMRs). Schmidt helped investors understand the significance of SMRs in the sector and highlighted three nuclear stocks that stand to benefit. Before you make your next trade, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list. They believe these five stocks are the five best companies for investors to buy now... See The Five Stocks Here
Entrepreneur
3 days ago
- Business
- Entrepreneur
Salesforce's Stock Price Presents an Opportunity to Buy
This story originally appeared on MarketBeat [content-module:CompanyOverview|NYSE:CRM] Salesforce's (NYSE: CRM) stock price is rebounding from the April lows, and the move is just getting started. The company is a leader in AI-assisted data management and CRM services, an industry that is still in the earliest phases of adoption. Among the critical takeaways is that its unified, AI-powered platform is gaining traction and driving sustainable growth. That growth will be accelerated in the next fiscal year due to acquisitions such as Informatica, a business specializing in unifying diverse data assets, which will help sustain a robust cash flow and capital return. The analysts' response to the Q1 results and guidance update is mixed, with equal numbers of price target reductions and increases, and bearish bias due to a single downgrade. However, the takeaway for investors is that this stock is still pegged at a Moderate Buy, it is one of the highest-rated stocks tracked by MarketBeat, and the consensus price target forecasts a new all-time high. The net result of the revisions is a narrowing of targets around the consensus $345, aligning with current all-time highs, which would yield a 25% gain upon reaching it, with most revisions leading to an above-consensus range. Salesforce Gains Traction With AI in Q1 [content-module:Forecast|NYSE:CRM] Salesforce's Q1 release and guidance update were good. The company produced better-than-expected results and improved the guidance, providing no reason for the post-release price pullback that ensued. The company grew its revenue by 7.7% to $9.83 billion, outpacing MarketBeat's consensus by nearly 100 basis points, on strength in the core business, led by newer and new offerings, including Data Cloud and Agentforce. Total Data Cloud and AI-related spending grew by 120% YOY, with more than 60% of new deals including the service. The margin news is also good. The company widened its gross and operating margins to drive accelerated growth in the core business. The only bad news is that increased marketing and higher taxes cut into the cash flow, leaving it up only 4% compared to the prior year. The critical detail is that both cash flow and free cash flow are growing, which helps sustain the outlook for capital returns. The dividend yield isn't robust, at just over 0.6% in late May, but it is reliably safe, accounting for less than 15% of the F2026 earnings forecast and compounded by share buybacks. The buybacks are more substantial, reducing the share count by an average of 1.5% for the quarter. They are expected to continue robustly this year and for the foreseeable future. Regarding dividend growth, Salesforce has only paid its distribution for five quarters, but has already set the precedent, indicating that a path of annual distribution increases can be expected. Salesforce's balance sheet provides no red flags for investors. The highlights include reduced assets related to share buybacks, offset by a reduction in liability, steady equity, and a 1.5% decrease in shares. The critical details are that cash is ample and leverage is low, with long-term/non-current debt under 0.15x equity and a balance sheet with net cash, leaving the company in a fortress-like financial condition. The Technical Outlook: Salesforce Pulls Back Into a Buying Opportunity Investors who missed out on an entry into CRM stock earlier this year have another opportunity in June. The market for this stock pulled back sharply following the release, setting up an attractive price point. The risk is that this stock will decline to retest its recent lows before the subsequent rebound begins. However, the risk of a lower low is minimal due to the favorable growth outlook, robust cash flow, and positive analyst sentiment. The more likely scenario is that this stock will begin to rebound before retesting the low. Before you make your next trade, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list. They believe these five stocks are the five best companies for investors to buy now... See The Five Stocks Here
Entrepreneur
3 days ago
- Automotive
- Entrepreneur
Goodyear Stock Surges 28% in 2025: Is More Growth Ahead?
Goodyear stock is up 28% in 2025, driven by investor optimism around its restructuring plan and insulation from new tariffs This story originally appeared on MarketBeat [content-module:CompanyOverview|NASDAQ:GT] At the market close on May 28, the S&P 500 remains statistically flat for the year. So it may not be saying much to point out that Goodyear Tire & Rubber Co. (NASDAQ: GT) is burning up the market in 2025. GT stock is up 28%, buoyed by a 22% increase in the last three months. Undeniably, there are more attractive choices among automotive stocks. Goodyear took on a significant pile of debt with its acquisition of Cooper Tire in 2021. That's stressed operating margins and earnings. It's also a big reason why GT stock is still down more than 5% in the last 12 months despite the strong rally in 2025. But this is no ordinary market. If investors are looking for opportunities, particularly if they have a contrarian mindset, GT stock may offer a compelling short-term opportunity. JPMorgan Just Issued a Bullish Price Target Goodyear delivered its first quarter 2025 earnings on May 7. The results were mixed. Negative earnings per share of four cents were better than the negative six cents forecast. However, revenue of $4.25 billion missed expectations for $4.51 billion. Both numbers were lower year-over-year (YoY). That's why it's significant to note that two weeks after the earnings report, JPMorgan Chase & Co. (NYSE: JPM) reiterated its Overweight rating on GT stock with a $17 price target. That was lower than its prior target of $18, but it's still 46% above the stock's closing price on May 28. It's also 21% higher than the consensus price target of $14. The reason for the upgrade is confidence in the company's restructuring plan. Analyst Ryan Brinkman believes that Goodyear's "Going Forward" plan, which kicked off in 2023, is ahead of schedule. The plan's goals call for $1.5 billion in savings, margin growth, and debt reduction. One way Goodyear is accomplishing those goals is by divesting itself of assets. So far in 2025, the company has sold off two major assets, which have helped the company raise nearly $1.4 billion in cash. In January, Goodyear announced it was divesting its assets in Dunlop. Then, in May, it announced the sale of a majority stake in Goodyear Chemicals to Gemspring Capital Management. The Company is Shielded from Tariff Troubles [content-module:Forecast|NASDAQ:GT] Goodyear's debt-to-equity ratio is down to 1.30. That puts it at a discount to its historical averages. However, cost-cutting will only get the company so far. A key reason for investor optimism is that Goodyear is insulated from tariffs. The iconic tire company has a strong manufacturing base in the United States. In its earnings report, Goodyear said that only 12% of its U.S. tire supply (accounting for 60% of its revenue) comes from non-USMCA countries. The sector average is 50%, putting Goodyear at a competitive advantage. This is a case where investors can put on their consumer hats. Vehicle owners know that in addition to death and taxes, tires are one of the most predictable expenses. They also know that tires don't come cheap. Goodyear won't necessarily come cheap, but without the burden of tariffs, it should have pricing power that could be accretive to market share. That's music to the ears of the current administration, which is pushing for a more protectionist approach to manufacturing, and it could give GT stock more room to run. At This Point, GT Stock is All About Growth Owning GT stock in 2025 is about stock price growth. Like many companies, Goodyear suspended its dividend in 2020. However, because of the company's current debt woes brought about by its acquisition of Cooper Tire in 2021, it hasn't reinstated that dividend. Goodyear is a contrarian play to be sure, but for investors looking to find an undervalued stock that may surprise to the upside, it may be a good year to own Goodyear stock. Before you make your next trade, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list. They believe these five stocks are the five best companies for investors to buy now... See The Five Stocks Here
Entrepreneur
3 days ago
- Business
- Entrepreneur
NVIDIA Will Set a New High Soon, Then Keep Rallying, Here's Why
NVIDIA's Q1 release reassured a worried market that the AI boom isn't over, growth will continue, and the profits will flow. This story originally appeared on MarketBeat [content-module:CompanyOverview|NASDAQ:NVDA] NVIDIA's (NASDAQ: NVDA) stock price will soon set a new all-time high if it hasn't by the time this article is read. The reason why is that the Q1 release laid to rest fears centered on China restrictions, AI demand, and the strength of core semiconductor businesses. The key takeaways for investors and traders are that the results were strong even without China; adding the lost revenue into the picture makes Q1 another impressive event in a string of market-wowing reports, and the guidance is equally solid. While slightly below the analysts' consensus, the loss of China revenue and expectation for ramping business in Saudi Arabia and other recently unlocked markets more than offset it. Ultimately, regardless of AI and NVIDIA's position within the industry, this company is generating substantial profits, which serve as a strong catalyst for stock prices. Regarding profits, the company's net profit increased by 26% to $18.7 billion, despite the impact of China. That resulted in a $10.4 billion increase in cash on the balance sheet, a 25% gain, leaving the company with over $53.6 billion in cash on hand. NVIDIA's Forecast for a Minimum 25% Upside is Firming The analysts' response to the news is telling. MarketBeat tracks a single price target reduction; however, the negativity is offset by the new target price of $186, which is well above the consensus estimate, and the other 12 revisions tracked within the first 18 hours of the release. They include 12 price target increases and an upgrade to a Buy rating. The critical takeaway is that the consensus of new targets and the trimmed set equal $167, above the consensus estimate ahead of the release, with 61% of the targets leading to the high-end range. That puts this market in the $220 region, a gain of roughly 65% from the pre-release price points, and possibly reached before the end of the year. The initial market response has also been positive. The stock price began to rise immediately after the release and continued to show strength into the premarket session the next day. The market for this stock is indicated to open at least 5% above its pre-release close, sufficient to put it above a critical resistance target. In this scenario, there is only one thing standing between this market and the next leg of its uptrend: resistance at the all-time high. Assuming that level is broken, NVIDIA's market has a clear path forward and can easily reach the $180 level by mid- to late-summer. NVIDIA's Price Action Confirms a Bullish Flag Continuation Pattern [content-module:Forecast|NASDAQ:NVDA] The chart set up is very bullish. NVIDIA's market rebounded from tariff-induced lows in April and May, forming a Bullish Flag in late May. The post-release action confirms the flag as a continuation signal and activates a target movement equal to the flagpole. The flagpole is worth nearly $50, sufficient to put this market at the $185 level. The timing of the move is questionable. However, the flagpole formed in about six weeks, which is a likely timeframe for the post-release advance. Institutions may be the deciding factor. They own about 65% of the stock and have been buying on balance this year. They provide a solid support base and tailwind for price action that would undercut the rally if removed. However, with the company generating profits in this manner, that is unlikely. The expectation is that NVIDIA will soon begin to accelerate its capital return, which may include increased dividend distributions and share buybacks. As it stands, the dividend is a token amount, allowing dividend-only funds and managers to participate. The buybacks are more substantial, reducing the share count by more than 1.1% on average for Q1. Before you make your next trade, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list. They believe these five stocks are the five best companies for investors to buy now... See The Five Stocks Here
Entrepreneur
5 days ago
- Business
- Entrepreneur
Bullish NVIDIA Market Set to Surge 50% Ahead of Q1 Earnings
NVIDIA's stock price could rise to $200 or higher by mid-summer, provided there are no nasty surprises in the Q1 earnings release. This story originally appeared on MarketBeat [content-module:CompanyOverview|NASDAQ:NVDA] There are high expectations for NVIDIA's (NASDAQ: NVDA) Q1 performance ahead of the earnings release, but perhaps not bullish enough. The market is poised to surge 50% or more with a positive catalyst, and it appears one is on the doorstep. This is a look at the NVIDIA market ahead of its earnings release, what it is expecting, and why this semiconductor stock could rise above $200 before the end of summer, maybe sooner. NVIDIA's Chart Has at Least Five Bullish Convergences In the world of technical analysis, a bullish signal is only as strong as its support. A signal alone is not enough to significantly move a market, but several signals converging together often are. In this case, NVIDIA has at least five converging signals, including the MACD histogram, the stochastic oscillator, a trend-following price bounce, a move above critical EMAs, and a Golden Crossover in those EMAs. The MACD histogram is a measure of momentum, indicating that momentum has shifted from bearish to bullish, and there is ample room for the market to run. That signal is echoed in the stochastic, which also shows a bullish swing and a market about to cross a critical line, the upper signal line, a sign of market strength. Those signals converge with the price action, which is showing a strong, trend-following bounce, likewise coincident with the bottom of the 2025 trading range, another crucial technical price support target. Moving on to the EMAs or exponential moving averages, the market rebound in May has the price action above the EMAs, a sign of broad market support. The EMAs include the 30- and 150-day EMAs, representing short-term traders and longer-term investors, and they are forming a Golden Crossover. The Golden Crossover occurs when the shorter EMA crosses above the longer EMA from below. At the same time, both indicators point higher, signaling that short-term buyers and long-term buyers are in alignment and actively buying. The takeaway is that this market is bullish, and higher prices are more than likely. The risk is that resistance remains at the $140 level, potentially capping gains. However, a move above the $140 level is expected, provided a solid report from NVIDIA, and it will bring some robust targets into play. The simple target is a move equal to the May rebound, a movement equal to the 2025 trading range magnitude, or $60 above the critical resistance point, resulting in a move above $200. Analysts Expect Robust Growth, Unsure How Much [content-module:Forecast|NASDAQ:NVDA] Regardless of the revision trend, analysts expect a robust 66% revenue gain at the consensus, as MarketBeat reported, two days before the release. However, the bar may not be set high enough due to unknowns, such as the exact impact of restrictions on exports to China in Q1 and the long term and the offsetting influences of robust industry demand and the new deals in Saudi Arabia. The deals in Saudi Arabia alone are worth billions in annual revenue gains, potentially resulting in high-single-digit to mid-teens revenue growth relative to 2025, so the guidance will be a critical detail. Regarding the analysts' sentiment and price target forecasts, the revision trend ahead of the earnings release is sufficiently bearish to have the stock on MarketBeat's Most Downgraded Stocks list. The caveat is that, while down slightly compared to the prior month, the consensus in late May forecasts a 27% upside for this Moderate Buy-rated stock, with an additional 30% at the high end of the range. That puts the market near $220, aligning with the technical targets, and there is a bullish bias to the sentiment. MarketBeat tracks 44 analysts covering NVIDIA, and 85% of them rate it as a "Buy" outright. Before you make your next trade, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list. They believe these five stocks are the five best companies for investors to buy now... See The Five Stocks Here
