Latest news with #MidCap400
CNBC
2 days ago
- Business
- CNBC
Stocks making the biggest moves midday: UnitedHealth, Applied Materials, Sandisk and more
Check out some of the companies making the biggest moves midday: UnitedHealth — The health insurer rallied 13% after Warren Buffett's Berkshire Hathaway revealed a stake of five million shares, worth about $1.6 billion. The "Big Short" investor Michael Burry and Appaloosa Management's David Tepper also disclosed sizable stakes in the company. If the UNH gains hold through the end of the session, it will mark the stock's best day in five years. Applied Materials — The semiconductor equipment manufacturer plunged 13% after the company's current-quarter outlook trailed estimates from analysts polled by LSEG. Applied Materials' fiscal third-quarter earnings and revenue topped Wall Street expectations. Intel — Intel climbed more than 3% in early trading Friday, adding to Thursday's 7% gain. The chipmaker jumped after Bloomberg reported that the Trump administration is in talks to buy a stake in Intel , which would help fund factories Intel is building in Ohio. Cisco Systems — The networking equipment maker dropped 3% after HSBC downgraded Cisco to hold from buy and lowered its 12-month price target . The bank cited lukewarm quarterly results from Cisco earlier this week, saying that "though the company reported more than $2bn of AI infrastructure orders in FY25, strength seems to be getting offset by weakness elsewhere." Sandisk — The data storage provider lost nearly 11% after Sandisk said fourth-quarter non-GAAP gross margin dropped to 26.4% from 36.4% a year ago. Twilio — The cloud-based communications software developer will join the S & P MidCap 400 index before the start of trading on Tuesday August 19, S & P Dow Jones Indices said , following the removal of Amedisys after its acquisition by UnitedHealth Group. Twilio climbed 5% Friday. Evolv Technologies — The maker of AI-based security screening products jumped 16% after its second-quarter loss narrowed and it said the Justice Department had ended its investigation into the company. In reaction, Evolv was upgraded to buy from hold at Lake Street and reinstated as a buy at TD Cowen. Flowers Foods — The maker of Nature's Own and Dave's Killer Bread fell more than 4% after second-quarter revenue and adjusted EBITDA trailed Wall Street estimates, and it lowered the company's full-year earnings per share guidance from a prior forecast, according to FactSet. Opendoor Technologies — The real estate company popped 10% after saying CEO and Chair Carrie Wheeler left the company. Opendoor said a "CEO succession planning process" began in mid-2025, and executive search firm Spencer Stuart is aiding in the process of hiring a new CEO. Wingstop — The chicken wing chain rose more than 4% after a Raymond James upgrade to strong buy from outperform. The investment bank pointed to Wingstop's attractive valuation and its AI-powered Smart Kitchen systems as catalysts for the rating change. Roblox — The stock dropped more than 7% after Louisiana's attorney general sued the video game company for allegedly enabling child predators on its platform. Target — The retailer briefly fell as much as 2.2% after Bank of America downgraded Target to underperform from neutral and trimmed its price target on the stock. Target's long-term outlook is deteriorating as the company falls further behind its peers, the bank said. Ulta Beauty and Target also agreed to end their partnership . — CNBC's Fred Imbert, Pia Singh, Yun Li and Sarah Min contributed reporting.
Yahoo
10-08-2025
- Business
- Yahoo
When The Fed Cuts Rates, It's A Clear Sign
To us at MoneyFlows, when the Fed cuts rates, it's a clear sign. It's time to buy small-caps stocks. Solid Fundamental Data Driving Rising Indices The Fed hasn't cut rates yet and stocks of all sizes are rising. The S&P 500, Nasdaq 100, S&P MidCap 400, and Russell 2000 have all gained: There is a lot of solid fundamental data driving rising indices. There's also excitement around trade deals, solid inflation numbers, and the belief that AI will deliver meaningful efficiencies. MoneyFlows data shows risk-on behavior: There's another major force driving capital to small- and mid-cap names: the coming Fed interest rate cuts. Highly capitalized firms, which are often small, will benefit as bottom lines heal. And that's a good thing for shareholders. When the Fed cuts rates and the economy holds up well, stocks flourish. It happened during the Gulf War of 1991 and 1992, the middle 1990s, and the global currency crisis in 1998. MoneyFlows data indicates today is similar – a healthy economy with rate cuts ahead. And that's been great for stocks in the past: If we get any summertime pullback, have a buy list ready. Seasonal weakness in August and September could bring in volatility. When markets inevitably pull back, being ready to pounce on high quality names is key. One small-cap name that's received lots of Big Money attention is Talen Energy Corporation (TLN). It recently announced better-than-expected auction results for the upcoming year. So, power usage should increase, boosting earnings expectations. It's had multiple outlier inflows recently: TLN has three-year sales growth of 45.1% and three-year EPS growth of 77.1%. No wonder it's up 86% this year so far! It could go higher with rate cuts. Outlier Stocks Will Soar Markets rotate and leadership changes. That's the way of the world. With MoneyFlows, you can spot the winners seeing Big Money inflows. As interest rates fall, stocks will rise. Outlier stocks will soar, and if you follow the flows, you can see the high risers. If you are a Registered Investment Advisor (RIA) or a serious investor, take your investing to the next level and follow our free weekly MoneyFlows insights. Note: the author holds no positions in any securities mentioned in this article. This article was originally posted on FX Empire More From FXEMPIRE: Spot Superstars Like F5 Early with Money Flows EU's Sluggish Economy Faces Moderate Growth Slowdown from US Trade Tensions Markets Tightens After FED's Statement and New Tariffs Waiting Game: Fed Holds Steady, But Not Everyone's on Board When The Fed Cuts Rates, It's A Clear Sign Identify Winners Like Vistra Early with Money Flows
CNBC
07-08-2025
- Business
- CNBC
These stocks reporting earnings next week have a history of topping analyst estimates
Companies reporting earnings next week with a track record of beating Wall Street's expectations include Applied Materials and Cardinal Health . Second-quarter earnings thus far have pointed to a still-resilient U.S. economy, despite recent elevated volatility on the back of President Donald Trump's sweeping universal tariffs. Of the 440 companies in the S & P 500 that have already reported, about 82% have exceeded Wall Street analysts' earnings expectations, according to data compiled by FactSet. More than 79% have also posted an upside revenue surprise. Although there are exceptions, as a general rule individual stocks tend to rally when their earnings top estimates. With this in mind, CNBC Pro screened data from Bespoke Investment Group to search for companies in the S & P 1500 (the S & P 500, MidCap 400 and Smallcap 600) reporting next week with a history of beating earnings expectations. Specifically, the tickers listed in the table below have beaten earnings expectations on average 65% of the time. One company on the list was semiconductor maker Applied Materials, up 13% this year. The company has beaten earnings estimates 81% of the time and boasts an average post-earnings gain of 0.5%. Last month, Citigroup added the name to its U.S. focus list. "We are adding Buy-rated Applied Materials to the US Focus list, which is reserved for stocks that screen attractive on valuation, consensus crowding and risk-reward. AMAT stock is up 17% YTD but has lagged U.S. semi cap peers KLAC/LRCX by 25% on tougher 1H sales comps," wrote analyst Atif Malik. "We expect comps to improve on better end market mix and stock to close the valuation discount vs peers in 2H25." Citi's $220 per share target price implies upside of 24% from the stock's Wednesday close. Cardinal Health also has a history of beating analysts' earnings expectations, in its case 78% of the time. The health care stock has surged 28% this year. In June, Wells Fargo Securities upgraded the health supplies distributor to an overweight rating from equal weight. Analyst Stephen Baxter lifted his price target to $179 per share from $136, implying 14% upside ahead. "We think the improvement in valuation and tighter spread vs peers is justified by a combination of a strong industry backdrop, improving business mix, and impressive execution," Baxter wrote. "Our ests are above consensus and there would be upward bias if recent outperformance in Pharma continues or if [Global Medical Products and Distribution] tariff headwinds are ultimately less than peak levels." Other names on the list of past outperformers include Cava Group , Brinker International and Tapestry .
Associated Press
18-06-2025
- Business
- Associated Press
APi Group Set to Join S&P MidCap 400
NEW YORK, June 18, 2025 /PRNewswire/ -- APi Group Corp. (NYSE: APG) will replace United States Steel Corp. (NYSE: X) in the S&P MidCap 400 effective prior to the opening of trading on Tuesday, June 24. Nippon Steel Corp. (TSE: 5401) acquired United States Steel in a deal that closed today. Following is a summary of the changes that will take place prior to the open of trading on the effective date: For more information about S&P Dow Jones Indices, please visit ABOUT S&P DOW JONES INDICES S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets. S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit FOR MORE INFORMATION: S&P Dow Jones Indices [email protected] Media Inquiries [email protected] View original content: SOURCE S&P Dow Jones Indices
Yahoo
15-05-2025
- Business
- Yahoo
Mairs and Power's Strategic Moves: U.S. Bancorp Reduction Highlights Q1 2025
Mairs and Power (Trades, Portfolio) recently submitted their 13F filing for the first quarter of 2025, offering a glimpse into their strategic investment decisions during this period. Based in Minnesota, Mairs and Power (Trades, Portfolio) manages three mutual funds: the Growth Fund, the Balanced Fund, and the Small-Cap Fund. Since its inception in 1931, the firm has adhered to a disciplined long-term investment approach, focusing on companies with consistent growth, strong returns on invested capital, and durable competitive advantages. Their low turnover strategy allows for well-considered investment decisions, providing a comprehensive understanding of business strategies and market cycles. Mairs and Power (Trades, Portfolio)'s focus on less efficient market areas aims to benefit investors with a long-term perspective, contrasting with the short-term focus of many active and hedge fund managers. Warning! GuruFocus has detected 4 Warning Sign with MSFT. Mairs and Power (Trades, Portfolio) added a total of 8 stocks, among them: The most significant addition was Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM), with 397,657 shares, accounting for 0.69% of the portfolio and a total value of $66.01 million. The second largest addition to the portfolio was Cognex Corp (NASDAQ:CGNX), consisting of 63,359 shares, representing approximately 0.02% of the portfolio, with a total value of $1.89 million. The third largest addition was iShares MSCI EAFE ETF (EFA), with 11,571 shares, accounting for 0.01% of the portfolio and a total value of $945,710. Mairs and Power (Trades, Portfolio) also increased stakes in a total of 54 stocks, among them: The most notable increase was WEC Energy Group Inc (NYSE:WEC), with an additional 625,323 shares, bringing the total to 1,389,081 shares. This adjustment represents a significant 81.87% increase in share count, a 0.71% impact on the current portfolio, with a total value of $151.38 million. The second largest increase was The Kraft Heinz Co (NASDAQ:KHC), with an additional 985,915 shares, bringing the total to 2,372,182. This adjustment represents a significant 71.12% increase in share count, with a total value of $72.19 million. Mairs and Power (Trades, Portfolio) completely exited 16 holdings in the first quarter of 2025, as detailed below: S&P MidCap 400 ETF (MDY): Mairs and Power (Trades, Portfolio) sold all 1,035 shares, resulting in a -0.01% impact on the portfolio. Comcast Corp (NASDAQ:CMCSA): Mairs and Power (Trades, Portfolio) liquidated all 5,392 shares, causing a -0% impact on the portfolio. Mairs and Power (Trades, Portfolio) also reduced positions in 118 stocks. The most significant changes include: Reduced U.S. Bancorp (NYSE:USB) by 2,138,623 shares, resulting in a -50.84% decrease in shares and a -0.99% impact on the portfolio. The stock traded at an average price of $46.14 during the quarter and has returned -5.78% over the past 3 months and -5.93% year-to-date. Reduced Qualcomm Inc (NASDAQ:QCOM) by 368,523 shares, resulting in a -27.95% reduction in shares and a -0.55% impact on the portfolio. The stock traded at an average price of $163 during the quarter and has returned -10.92% over the past 3 months and -0.13% year-to-date. At the first quarter of 2025, Mairs and Power (Trades, Portfolio)'s portfolio included 221 stocks. The top holdings included 7.8% in Microsoft Corp (NASDAQ:MSFT), 6.54% in NVIDIA Corp (NASDAQ:NVDA), 4.94% in UnitedHealth Group Inc (NYSE:UNH), 4.75% in Inc (NASDAQ:AMZN), and 4.24% in JPMorgan Chase & Co (NYSE:JPM). The holdings are mainly concentrated in all 11 industries: Technology, Industrials, Healthcare, Financial Services, Consumer Cyclical, Communication Services, Basic Materials, Utilities, Consumer Defensive, Energy, and Real Estate. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. 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
