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MSC Industrial (MSM)'s Technical Outlook is Bright After Key Golden Cross
ZACKS· 2025-07-04 14:56
After reaching an important support level, MSC Industrial Direct Company, Inc. (MSM) could be a good stock pick from a technical perspective. MSM recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the mo ...
Should You Buy 1st Source (SRCE) After Golden Cross?
ZACKS· 2025-07-04 14:56
1st Source Corporation (SRCE) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, SRCE's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross."There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term moving average. ...
Vertiv Holdings Co. (VRT)'s Technical Outlook is Bright After Key Golden Cross
ZACKS· 2025-07-04 14:56
From a technical perspective, Vertiv Holdings Co. (VRT) is looking like an interesting pick, as it just reached a key level of support. VRT's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most common m ...
Should You Buy WSFS Financial (WSFS) After Golden Cross?
ZACKS· 2025-07-04 14:56
From a technical perspective, WSFS Financial Corporation (WSFS) is looking like an interesting pick, as it just reached a key level of support. WSFS's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most ...
Should You Buy WisdomTree, Inc. (WT) After Golden Cross?
ZACKS· 2025-07-04 14:56
WisdomTree, Inc. (WT) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, WT's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross."Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves the 50-day and the 200-day, ...
Can OptimizeRx Maintain Profit Growth Amid Evolving Pharma Spend?
ZACKS· 2025-07-04 14:51
Key Takeaways OPRX posted 11% revenue growth and $1.5M adjusted EBITDA, its best Q1 showing to date. 80% of OPRX's FY25 revenue guidance is covered by contracts; subscription share exceeds 5%. OPRX's Gross margin dipped to 60.9% as a lower-margin DTC mix weighed on profitability.OptimizeRx (OPRX) kicked off 2025 with strong momentum, delivering 11% year-over-year revenue growth to $21.9 million and turning in $1.5 million in adjusted EBITDA, its strongest first-quarter performance to date. The digital hea ...
Ero Copper's Tucuma Operation Reaches Commercial Production Milestone
ZACKS· 2025-07-04 14:51
Key Takeaways Ero Copper declared commercial production at its Tucuma Operation effective July 1, 2025. Production hit 6,400 tons in Q2, with June contributing 2,000 tons post filter press repair. Metallurgical recovery and concentrate grades met or beat targets, fueling expected H2 growth.Ero Copper Corp. (ERO) announced that its Tucumã Operation has achieved commercial production, effective July 1, 2025. The achievement came after the third tailings filter was repaired and commissioned in April 2025.Ero ...
Can Burlington's Margin Strategy Withstand Tariff Pressures?
ZACKS· 2025-07-04 14:45
Core Insights - Burlington Stores, Inc. (BURL) achieved stronger-than-expected margin performance in Q1 2025, reporting an adjusted EBIT margin of 6.1%, which is an increase of 30 basis points year-over-year and significantly above the guidance of a decline of 50-90 basis points [1] - The gross margin improved by 30 basis points to 43.8%, supported by a 20-basis-point increase in merchandise margin and a 10-basis-point reduction in freight expenses [2] - For 2025, Burlington maintains its outlook of 6-8% sales growth and an adjusted EBIT margin flat to up 30 basis points, assuming stable tariffs, inflation, and freight costs [4] Financial Performance - Adjusted SG&A expenses decreased by 30 basis points due to the timing of SOAR program expenses and company-wide cost-saving actions [3] - Reserve inventory rose by 31% in dollar terms, now representing 48% of total inventory, which is expected to support future margins [3] - Product sourcing costs increased by 10 basis points as a percentage of sales to $197 million from $183 million, reflecting higher asset protection investments [2] Comparative Analysis - Target Corporation (TGT) increased its operating margin to 6.2% from 5.3%, while its gross margin slipped to 28.2% due to higher markdowns and supply-chain costs [5] - Ross Stores (ROST) maintained an operating margin of 12.2%, with SG&A expenses rising slightly to $797.1 million [6] - Dollar Tree (DLTR) saw its gross margin rise to 35.6%, but its operating margin contracted to 8.3% due to elevated costs [7] Valuation and Estimates - Burlington's stock has gained 9% over the past three months, compared to the industry's growth of 8.8% [8] - The forward 12-month price-to-sales ratio for BURL is 1.31X, lower than the industry average of 1.80X [10] - The Zacks Consensus Estimate for Burlington's current fiscal-year sales implies a year-over-year growth of 7.5% [12]
LiveOne Teams Up With Synervoz to Boost Voice AI and Expand B2B Deals
ZACKS· 2025-07-04 14:45
Core Insights - LiveOne, Inc. (LVO) has formed a strategic partnership with Synervoz Communications, Inc. to enhance voice-enabled experiences in devices and operating systems [1][10] - The collaboration is expected to unlock over 70 Business-to-Business (B2B) opportunities across various industries, including automotive and retail [2][10] - LiveOne aims to transform audience engagement with audio through innovations such as voice search and collaborative podcast streaming [3][4] Company Developments - LiveOne is focusing on expanding its B2B partnerships, having secured significant agreements, including a partnership with Amazon valued at over $16.5 million and another with a Fortune 50 company worth more than $25 million [5] - The company is operating at nearly a $50 million annual run rate from five newly launched B2B partnerships and is preparing for a major collaboration expected to bring in nearly 10 times the number of subscribers compared to its Tesla partnership, scheduled for August 2025 [6][10] - In February 2025, LiveOne partnered with Telly to provide a dual-screen audio and entertainment experience, allowing users to enjoy music or podcasts on a secondary display [7] Market Performance - LVO currently holds a Zacks Rank 3 (Hold) and has seen its shares decline by 34% over the past year, contrasting with the Zacks Audio Video Production industry's growth of 42.4% [8]
Ericsson, LMT Partner for Cloud-Native Core Network Transformation
ZACKS· 2025-07-04 14:45
Core Insights - Ericsson has been selected by Latvia's largest communication service provider, Latvijas Mobilais Telefons (LMT), to modernize its core network infrastructure and support the nationwide deployment of 5G Standalone (5G SA) services [1][8] - The partnership between Ericsson and LMT is long-standing, focusing on innovative initiatives and network development projects, marking the initial deployment of Ericsson's Unified Data Management (UDM) solution within the Telia Group [2][8] - The upgrade to a cloud-native architecture will enhance LMT's agility, scalability, and innovation in delivering advanced digital services [1][3] Company Developments - The deal involves a comprehensive overhaul of LMT's subscriber domain infrastructure, transitioning to a cloud-based, service-oriented architecture [3] - Key components of the transformation include the deployment of Ericsson's Network Functions Virtualization Infrastructure, allowing LMT to run both virtualized and cloud-native network functions [4] - The agreement also includes replacing LMT's legacy Home Location Register (HLR) and Home Subscriber Server (HSS) with Ericsson's UDM platform, crucial for supporting Latvia's expanding digital economy [5] Market Position and Strategy - Ericsson is positioned to grow by capitalizing on strong 5G demand, aiming to lead in mobile networks and develop a robust enterprise business [6] - The company has made strategic acquisitions, including Vonage and Cradlepoint, to expand into wireless, 5G, and security sectors [6] - Recent innovations include the launch of Ericsson On-Demand, a SaaS model for 5G core network services developed in collaboration with Google Cloud, enhancing operational efficiency for communications service providers [7] Challenges and Competition - Despite growth opportunities, Ericsson faces pressures from geopolitical and economic challenges, including declining revenues in China due to market share issues and competition from Huawei and Nokia [8][9] - Supply-chain issues and reduced spending by telecom operators in various regions are contributing to revenue declines [9] Financial Performance - Ericsson currently holds a Zacks Rank 2 (Buy) and has gained 37.3% over the past year, outperforming the Zacks Wireless Equipment industry's growth of 33.3% [10]