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Down 27.6% in 4 Weeks, Here's Why Asana (ASAN) Looks Ripe for a Turnaround
ZACKS· 2025-06-16 14:35
Core Viewpoint - Asana, Inc. (ASAN) has experienced a significant downtrend, with a stock price decline of 27.6% over the past four weeks, but it is now in oversold territory, suggesting a potential turnaround due to improved earnings expectations from analysts [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is a key technical indicator used to identify oversold conditions, with a reading below 30 indicating that a stock may be oversold [2]. - ASAN's current RSI reading is 29.12, indicating that the heavy selling pressure may be exhausting, which could lead to a price rebound as the stock seeks to return to its equilibrium [5]. Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts regarding ASAN's earnings estimates, with an increase of 8.9% in the consensus EPS estimate over the last 30 days, suggesting potential price appreciation in the near term [7]. - ASAN holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further indicating a potential turnaround [8].
Oklo Stock Soars 127% in 3 Months: Should You Buy Now or Wait?
ZACKS· 2025-06-16 14:31
Core Insights - Oklo Inc. (OKLO) shares have increased by 127.3% over the past three months, significantly outperforming the Zacks Alternative-Energy industry growth of 16.7% and the broader Zacks Oils-Energy sector's return of 0.6% [1][10] - Other industry players, such as Constellation Energy Corporation (CEG) and GEV Vernova (GEV), have also shown strong performance, with share increases of 35.8% and 44.1%, respectively [2] Key Drivers Behind Performance - The surge in OKLO's stock price is attributed to strategic partnerships, regulatory advancements, and significant project awards [4] - In June 2025, OKLO received a Notice of Intent to Award from the Defense Logistics Agency Energy for its Aurora powerhouse at Eielson Air Force Base, which is part of the Department of the Air Force's microreactor pilot program [5] - The U.S. Nuclear Regulatory Commission (NRC) began reviewing OKLO's Licensed Operator Topical Report in June 2025, marking progress in its regulatory plans [6] - A memorandum of understanding (MOU) was signed with Korea Hydro & Nuclear Power in May 2025 to collaborate on the development and global deployment of OKLO's advanced nuclear technology [7] Market Position and Future Prospects - The U.S. accounts for approximately 30% of global nuclear electricity generation, supporting growth prospects for U.S.-based nuclear companies like OKLO, which is developing next-generation fast-fission power plants [11] - OKLO's Aurora powerhouse series is designed to generate between 15 and 50 megawatts electric (MWe), with potential scalability up to 100 MWe [11] - The company completed borehole drilling at the Idaho National Laboratory for its first Aurora Powerhouse in May 2025, positioning OKLO for long-term growth in the nuclear power sector [12] Financial Outlook - The Zacks Consensus Estimate for OKLO's 2025 earnings indicates a year-over-year improvement, while the estimate for 2026 suggests a deterioration [14] - Recent earnings estimates have declined, reflecting analysts' decreasing confidence in the stock's earnings-generating capabilities [14] - OKLO shares are trading at a premium, with a trailing 12-month Price/Book (P/B TTM) ratio of 32.90X compared to the industry average of 5.1X [16]
4 Value Stocks to Shield Your Portfolio Amid Geopolitical Turmoil
ZACKS· 2025-06-16 14:31
Key Takeaways STNE, CNC, CVS and PFE offer low P/CF ratios, making them appealing during rising market uncertainty. All four stocks show positive earnings surprise trends and carry a Value Score of A or B. Zacks estimates project EPS and revenue growth for STNE, CNC and CVS despite recent stock volatility.The close of last week saw significant turbulence across global financial markets, with equities experiencing a sharp downturn following an escalation of hostilities between Israel and Iran. Friday's tra ...
Here's Why Hold Strategy Is Apt for Transocean Stock Now
ZACKS· 2025-06-16 14:31
Key Takeaways RIG stock outperformed most peers despite a 10.9% six-month decline amid industry-wide pressure. A $7.9B backlog and 95.5% Q1 revenue efficiency highlight strong visibility and operations. Net loss of $79M and $5.9B debt highlight ongoing profitability and leverage challenges.Transocean Ltd. (RIG) is one of the most well-known players in offshore drilling, focused on operating mobile rigs that help explore oil and gas beneath the ocean floor. The company, which started back in 1926 and is no ...
Should You Invest in Abercrombie (ANF) Based on Bullish Wall Street Views?
ZACKS· 2025-06-16 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Abercrombie & Fitch (ANF) .Abercrombie currently has an average brokerage ...
Wall Street Analysts See Adobe (ADBE) as a Buy: Should You Invest?
ZACKS· 2025-06-16 14:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Adobe Systems (ADBE) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Adobe currently has an avera ...
Wall Street Bulls Look Optimistic About AT&T (T): Should You Buy?
ZACKS· 2025-06-16 14:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about AT&T (T) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.AT&T currently has an average brokerage ...
Is MicroStrategy (MSTR) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2025-06-16 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about MicroStrategy (MSTR) .MicroStrategy currently has an average brokerage rec ...
Wall Street Bulls Look Optimistic About Merck (MRK): Should You Buy?
ZACKS· 2025-06-16 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Merck (MRK) .Merck currently has an average brokerage recommendation (ABR) ...
Baltic Horizon Fund publishes its NAV for May 2025
Globenewswire· 2025-06-16 14:30
Group 1 - The net asset value (NAV) per unit of the Baltic Horizon Fund increased to EUR 0.6757 at the end of May 2025, up from EUR 0.6740 as of 30 April 2025 [1] - The total net asset value of the Fund at month-end was EUR 97.0 million, compared to EUR 96.8 million as of 30 April 2025 [1] - The EPRA NRV as of 31 May 2025 was EUR 0.7216 per unit [1] Group 2 - The consolidated net rental income of the Fund remained stable at EUR 1.0 million in May 2025, the same as in April 2025 [1] - The Fund's consolidated cash and cash equivalents decreased to EUR 7.2 million at the end of May 2025, down from EUR 8.2 million as of 30 April 2025 [2] - The total consolidated assets of the Fund were EUR 238.6 million as of 31 May 2025, slightly down from EUR 239.0 million as of 30 April 2025 [2]