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Latest news with #defensive stocks

J.P. Morgan Maintains a Buy Rating on Newell Brands (NWL), Sets a $7 PT
J.P. Morgan Maintains a Buy Rating on Newell Brands (NWL), Sets a $7 PT

Yahoo

time4 days ago

  • Business
  • Yahoo

J.P. Morgan Maintains a Buy Rating on Newell Brands (NWL), Sets a $7 PT

Newell Brands Inc. (NYSE:NWL) is one of the best undervalued defensive stocks to buy according to analysts. In a report released on August 1, Andrea Faria Teixeira from J.P. Morgan maintained a Buy rating on Newell Brands Inc. (NYSE:NWL) with a price target of $7.00. A technician inspecting a commercial kitchen appliance in a factory line. The analyst told investors in a research note that, despite the recent guidance cut, they believe that the worst is possibly behind Newell Brands Inc. (NYSE:NWL) and the current market opportunity presents a buying opportunity. Teixeira added that Newell Brands Inc. (NYSE:NWL) has exhibited resilience by expanding margins in seven consecutive quarters, driven by a focus on operating expense rationalization and cost-cutting measures. Newell Brands, Inc. (NYSE:NWL) is a global consumer goods company that manufactures, markets, and sells consumer and commercial products. Its Home and Commercial Solutions segment offers commercial cleaning and maintenance solutions, hygiene systems, garage and closet organization products, and others. While we acknowledge the potential of NWL 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: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.

BRF S.A.'s (NYSE:BRFS) Global Scale Rating Gets Upgraded From 'BB' to 'BB+' by Standard & Poor's
BRF S.A.'s (NYSE:BRFS) Global Scale Rating Gets Upgraded From 'BB' to 'BB+' by Standard & Poor's

Yahoo

time4 days ago

  • Business
  • Yahoo

BRF S.A.'s (NYSE:BRFS) Global Scale Rating Gets Upgraded From 'BB' to 'BB+' by Standard & Poor's

BRF S.A. (NYSE:BRFS) is one of the best undervalued defensive stocks to buy according to analysts. On August 7, BRF S.A. (NYSE:BRFS) announced that Standard & Poor's, a credit rating agency, upgraded the company's global scale rating from 'BB' to 'BB+', with the outlook transitioning from stable to positive. A bird's-eye view of a poultry farm, its white and black feathered chickens sprawled across the farm. BRF S.A. (NYSE:BRFS) reported R$15.512 billion in net revenue in fiscal Q1 2025 compared to R$13.378 billion in fiscal Q1 2024, reflecting an increase of 16%. Gross profit for the quarter reached R$4.053 billion compared to R$3.224 billion in the same quarter last year. The company also reported R$1.2 billion in net income, double that of the same period last year. Adjusted EBITDA rose 30% to R$2.8 billion, marking a record for Q1. BRF S.A. (NYSE:BRFS) produces and distributes fresh and frozen protein foods. Its operations are divided into the Brazil, International, and Other segments. The company's offerings include frozen processed meats, specialty meats, prepared entrees, sliced products, and even products like cream cheese, butter, margarine, sweet specialties, and more. While we acknowledge the potential of BRFS 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: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.

Barclays Lowers PT on Nomad Foods Limited (NOMD) to $18 From $20
Barclays Lowers PT on Nomad Foods Limited (NOMD) to $18 From $20

Yahoo

time4 days ago

  • Business
  • Yahoo

Barclays Lowers PT on Nomad Foods Limited (NOMD) to $18 From $20

Nomad Foods Limited (NYSE:NOMD) is one of the best undervalued defensive stocks to buy according to analysts. On August 8, Barclays lowered the firm's price target on Nomad Foods Limited (NYSE:NOMD) to $18 from $20, keeping an Overweight rating on the shares. A close-up of fresh frozen vegetables and fish products ready for packaging. The firm told investors in a research note that Nomad Foods Limited (NYSE:NOMD) lowered its 2025 guidance again due to historically hot weather in Europe. The firm released the rating after Nomad Foods Limited (NYSE:NOMD) reported its fiscal Q2 2025 earnings on August 6. It reported a 0.8% decline in revenue to €747 million when compared to fiscal Q2 2024. Organic revenue declined 1.1% with a volume decline of 1.0%, while adjusted gross margin contracted 310 bps. The company also reported an adjusted EBITDA decline of 7.2% to €129 million. Nomad Foods Limited (NYSE:NOMD) is a frozen food company that sells pizza, poultry, meat, fish, vegetables, and ice cream under the Birds Eye, Ledo, Frikom, iglo, and Findus brands. It manufactures and distributes its products in over 16 European countries. While we acknowledge the potential of NOMD 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: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.

Evercore ISI Maintains a Buy Rating on Ambev S.A. (ABEV), Sets a $4 PT
Evercore ISI Maintains a Buy Rating on Ambev S.A. (ABEV), Sets a $4 PT

Yahoo

time4 days ago

  • Business
  • Yahoo

Evercore ISI Maintains a Buy Rating on Ambev S.A. (ABEV), Sets a $4 PT

Ambev S.A. (NYSE:ABEV) is one of the best undervalued defensive stocks to buy according to analysts. In a report released on August 1, Robert Ottenstein from Evercore ISI maintained a Buy rating on Ambev S.A. (NYSE:ABEV), setting a price target of $4.00. A close-up on several cans of freshly brewed beer in a commercial brewery. The rating update came after Ambev S.A. (NYSE:ABEV) reported its fiscal Q2 2025 results on July 31, with net revenue (organic) growth of 3.4% and top-line performance driven by net revenue per hectoliter (NR/hl) growth of 8.4%. Normalized profit for the quarter rose 15.2% to R$2.8327 billion compared to R$2.4591 billion in fiscal Q2 2024. This growth was attributed to lower income tax expenses and EBITDA growth, particularly offset by higher net financial results. Normalized EBITDA (organic) grew by 7.6% with all of the company's reporting segments delivering EBITDA growth. Ambev S.A. (NYSE:ABEV) produces, distributes, and sells beverages. Its offerings include carbonated soft drinks, beer, and other non-alcoholic and non-carbonated products. The company's operations are divided into the following geographical segments: Brazil, Central America and the Caribbean (CAC), and Canada. While we acknowledge the potential of ABEV 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: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. 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

BofA Sees Execution Strength in Colgate (CL), Modestly Trims Price Target to $98
BofA Sees Execution Strength in Colgate (CL), Modestly Trims Price Target to $98

Yahoo

time6 days ago

  • Business
  • Yahoo

BofA Sees Execution Strength in Colgate (CL), Modestly Trims Price Target to $98

Colgate-Palmolive Company (NYSE:CL) is one of the best defensive stocks to invest in according to analysts. On August 4, Bank of America Securities analyst Peter Galbo reiterated a Buy rating on Colgate-Palmolive, while lowering the price target from $105 to $98. His revised target follows the company's Q2 results, which broadly met expectations and reflected signs of operational strength. Organic sales came in line with expectations as they rose by 1.8% in the quarter, while gross margins improved and advertising costs declined, resulting in stronger-than-expected earnings. Adjusted EPS came in ahead of both Bank of America and street estimates, indicating improved cost control and execution. A supermarket aisle filled with Household and Personal Care Products. Galbo also pointed to Colgate's new three-year productivity initiative as a positive development. The program aims to streamline the supply chain and support long-term strategic priorities. While full-year EPS guidance remains unchanged, the company now expects low single-digit net sales growth and sees reduced currency-related pressure compared to earlier forecasts. Colgate-Palmolive Company (NYSE:CL) sells household and personal products and boasts many well-known brands in oral care, personal care, home care, and pet nutrition. While we acknowledge the potential of CL 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: 10 Most Oversold S&P 500 Stocks So Far in 2025 and . Disclosure: None. This article is originally published at Insider Monkey.

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