Since our last write-up of Alphabet Inc. (NASDAQ: GOOG ) (NASDAQ: GOOGL ), the company has performed surprisingly well with a return of 56.22%, providing some alpha above benchmarks with the S&P 500 returning 42.06% over the same period.Wright's Research employs a disciplined, long-term approach rooted in contrarian thinking and unorthodox strategies. Our insights are grounded in fundamental analysis and the principles of value investing, allowing us to uncover overlooked opportunities and challenge prevail ...

General Motors Company GM shares are trading relatively flat on Wednesday.Yesterday, the automotive behemoth reported adjusted earnings per share of $1.92 in the fourth quarter, beating the street view of $1.86. Quarterly sales of $47.70 billion (+11%) outpaced the analyst consensus estimate of $43.606 billion.Here are the analysts’ take on the stock:BofA Securities analyst John Murphy reiterated the Buy rating on the stock, with a price forecast of $85.Wedbush analyst Daniel Ives reiterated the Outperform ...

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...

OppFi Inc. (OPFI) shares soared 11.1% in the last trading session to close at $13.88. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 65.2% gain over the past four weeks.The upside can be attributed to OppFi’s digitally native platform, powered by a scalable and modern technology stack. This platform integrates proprietary risk models and iterative data analytics, providing significant scalability, cost efficiency and customer ex ...

Recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid. Inflation remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. The Committee judges that the risks to achieving its employment and inflation goals are roughly in balance. The economic outlook is uncertain, and the Committee is ...

RenaissanceRe Holdings Ltd. (RNR) reported fourth-quarter 2024 operating income of $8.06 per share, which beat the Zacks Consensus Estimate by 5.9%. However, the bottom line declined 31.5% year over year.See the Zacks Earnings Calendar to stay ahead of market-making news.Total operating revenues of $3 billion advanced 12.6% year over year. Yet, the top line fell short of the consensus mark by 1.2%.The quarterly results were aided by strong premium growth, supported by the Validus acquisition and organic gro ...

CHICAGO, Jan. 29, 2025 /PRNewswire/ -- JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with $6.6 billion in portfolio equity and debt investments, today announced the income tax treatment of its dividends paid in 2024. For the tax year ended December 31, 2024, approximately 18 percent of the distributions paid will qualify as non-dividend distribution or return of capital (box 3 on Form 1099) and approximately 82 percent of distributions paid wil ...

Charter Communications (CHTR) is scheduled to report fourth-quarter 2024 results on Jan. 31.Find the latest earnings estimates and surprises on Zacks Earnings Calendar.The Zacks Consensus Estimate for fourth-quarter 2024 revenues is pegged at $13.88 billion, indicating a 1.23% increase from the year-ago quarter’s reported figure.The consensus mark for earnings is pegged at $9.54 per share, which moved up 0.95% over the past 7 days, suggesting growth of 34.94% on a year-over-year basis.CHTR beat the Zacks Co ...

Shares of Nvidia (NVDA -5.93%) are seeing another round of big sell-offs in Wednesday's trading. The stock was down 5.9% as of 1:26 p.m. ET today amid the backdrop of a 0.5% decline for the S&P 500 index and a 0.8% pullback for the Nasdaq Composite index.Nvidia stock is losing ground today amid multiple bearish catalysts related to the DeepSeek R1 artificial intelligence (AI) model that was released last week. For starters, investors are weighing the possibility that DeepSeek's new AI signals a significantl ...

Wall Street analysts rerated Stryker Corp SYK Wednesday after the company’s fourth-quarter print.Stryker reported quarterly earnings of $4.01 per share, which beat the analyst consensus estimate of $3.87. The company reported quarterly sales of $6.44 billion, up by 10.7%, which beat the analyst consensus estimate of $6.36 billion.Also Read: Nasdaq Touts 10% Revenue Growth In Q4, Sets 2025 Expense And Tax GuidanceSeveral analysts rerated the stock:Stifel analyst Rick Wise maintained Stryker with a Buy and ra ...