jetcityimage The stock price of 3M Co. (NYSE:MMM) skyrocketed 23% on Friday after the industrial conglomerate gave its shareholders fresh hopes of a progressing turnaround. The company saw its biggest price gain since the 1980s amid growing signs of a turnaround, with 3M seeing margin growth. 3M also presented a higher midpoint guidance for 2024 estimated profits. I think that investors have reasons to be hopeful about 3M’s prospects for growth, but taking into account the big price leap on Friday, I th ...

Start Time: 20:00 January 1, 0000 9:02 PM ET Perfect Corp. (NYSE:PERF) Q2 2024 Earnings Conference Call July 24, 2024, 20:00 PM ET Company Participants Alice Chang - Founder, Chairwoman, and CEO Pin-Jen Chen - EVP and Chief Strategy Officer Hsiao-Chuan Chen - VP of Finance and Accounting Jimmy Shu - IR Director Conference Call Participants Brian Schwartz - Oppenheimer Lisa Thompson - Zacks Christopher Recouso - Partner Group Mike Kupinski - Noble Operator Good morning and good evening, ladies and gentlemen. ...

Monty RakusenThe chances are, if you are a growth or dividend growth investor, you already heard of MSCI Inc. (NYSE:MSCI), also known as Morgan Stanley Capital International. Despite its relatively smaller scale with a $40B market cap, compared to the larger peers such as S&P Global Inc. (SPGI) with $152B and Moody's Corporation (MCO) with $82B, MSCI is a major player in the financial services industry. MSCI has been one of the key beneficiaries, if not the main one, of the shift from actively managed i ...

Kura Sushi USA TodayKRUSKura Sushi USA$49.07 -9.40 (-16.08%) 52-Week Range$49.01▼$122.81P/E Ratio350.53Price Target$87.43Add to WatchlistIf you have watched Kura Sushi USA NASDAQ: KRUS and are waiting for a good time to buy, this is it. The company is a high-quality restaurant player, growing at a solid double-digit pace, but faces headwinds impacting the share price. The headwinds are cyclical and will recede; when they do, the company’s operating leverage will produce an accelerated rebound in the share p ...

Recent insights from the Altagamma Consumer and Retail Insight event in Milan make a compelling bull case for betting on luxury retail stocks.A qualitative analysis presented during the event showed how the luxury space relies on few affluent clients. Despite the broader economic headwinds, these high-end customers continue driving robust revenue for luxury brands.If brands can focus on exclusivity, quality, and hyper-personalized services, they can strategically position themselves for long-term expansion. ...

Hundred dollar bills with the words "What's Next?"gettyThere are three very clear signs the stock-market bull will keep stampeding. Let’s dive into them, then talk about two discounted funds set to ride those gains (and pay us rich dividends up to 11.4% in the process).Bullish Signal #1: The US Worker is StrongThere’s a lot of pessimism about the US economy out there, even though it’s doing well. We’ve discussed why this is before—it’s ultimately due to the media getting more pessimistic—but this chart prov ...

Despite its meteoric rise, artificial intelligence (AI) titan Nvidia is showing signs of an impending fall from grace.When access to the internet began to proliferate in the mid-1990s, the growth trajectory for American businesses changed forever. Although we've witnessed numerous innovative technologies and buzzy trends come and go over three decades, including genome decoding, nanotechnology, and blockchain technology, none have come close to rivaling the game-changing leap forward that the advent of the ...

The underperformance of Lucid (NASDAQ: LCID) is a matter of concern not just for institutional investors but also for individual traders who have invested their hard-earned money. The recent quarterly earnings report revealed a decline in vehicle production and delivery, which has left many wondering if Lucid can reverse its fortunes.In its 2021 investor presentation, Lucid projected to deliver 90,000 vehicles and generate $9.9 billion in revenue for 2024. However, these estimates are far from reality. In i ...

J. Michael Jones Investment thesis After experiencing a demand boost in 2021 and 2022 driven by the reopening the U.S. economy after the worst months of the coronavirus pandemic, a significant number of Haverty Furniture's (NYSE:HVT) customers have their home furniture renovated, which is creating a negative rebound effect for revenues that began in 2023 and continues to intensify as, to this, we must add a housing industry weakened by high interest rates, with no expected decreases in the short term. A ...

The lazy portfolio is a popular concept that emphasizes low fees, simplicity, and diversification.If managing your investment portfolio is not your top priority, Vanguard's suite of exchange-traded funds (ETFs) might be just what you need. Vanguard has built its reputation on a shareholder-first approach, which translates into a diverse offering of stock, bond, and fixed-income ETFs that come with exceptionally low expense ratios. This investor-friendly fee structure is a significant factor in the company's ...