Digital Realty Stock Rallies 14.9% in 3 Months: Will This Continue?
ZACKS· 2025-06-16 14:01
Key Takeaways DLR stock rose 14.9% in 3 months, defying a 1.7% industry drop amid rising data center demand. The company signed $242.3M in Q1 leases and acquired 100 acres in Atlanta for future expansion. DLR expects $3.0-$3.5B in 2025 capex, backed by strong liquidity and solid credit ratings.Digital Realty (DLR) shares have risen 14.9% in the past three months compared to the industry’s 1.7% decline.The company is well-poised to gain from its unmatched global footprint of data centers with growing digit ...
Credo Technology: Reversing Momentum Triggers Dip Buying Opportunity
Seeking Alpha· 2025-06-16 14:00
I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure:I/we have a beneficial long position in the shares of AVGO either through stock ownership, options, or other derivatives. I wrote this article mysel ...
Allied Announces June 2025 Distribution
Globenewswire· 2025-06-16 14:00
TORONTO, June 16, 2025 (GLOBE NEWSWIRE) -- Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of June 2025, representing $1.80 per unit on an annualized basis. The distribution will be payable on July 15, 2025, to unitholders of record as at June 30, 2025. About Allied Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Allied’s mission is to provide knowledge-based org ...
CN to Invest $60 Million in Minnesota to Build Capacity and Power Sustainable Growth
Globenewswire· 2025-06-16 14:00
HOMEWOOD, Ill., June 16, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately US$60 million in Minnesota, as part of its 2025 capital investment program. This investment will support track maintenance and strategic infrastructure initiatives in the state. The projects will help ensure the safe movement of goods and support long-term sustainable growth in Minnesota and across CN’s network. “We believe that investing in our network is about building for the future. ...
BB's Secure Comms Gains Traction: Will This Fuel a Turnaround?
ZACKS· 2025-06-16 13:56
Key Takeaways BB's Secure Comms unit posted stable revenues, improved profitability and stronger cash flow metrics. Defense budgets and hybrid work trends are boosting demand for secure, sovereign communication tools. BB warns of near-term risks from political changes in key government markets like the U.S. and Germany.BlackBerry Limited (BB) continues to shift its focus toward enterprise software and cybersecurity. Its Secure Communications revenues of $67.3 million contributed nearly 50% of total revenu ...
Buy These 5 Low-Leverage Stocks Amid Fresh Iran-Israel War
ZACKS· 2025-06-16 13:56
Key Takeaways NVS, ENSG, MTZ, BILI and STRL are highlighted as low-leverage picks amid geopolitical market stress. Each stock reflects a favorable Zacks Rank and VGM Scores. Low debt-to-equity ratios make these stocks potentially safer during economic downturns or uncertainty. All three major U.S. stock market indices suffered a fall of more than 1% on June 13 following the exchange of missile strikes between Israel and Iran, which sent almost all global stock markets into the red. The dismal performance ...
Sports.com Enters Strategic Sponsorship with Racing Women to Accelerate the Future of Female Motorsport
Globenewswire· 2025-06-16 13:55
RW Group Left to Right: Laura O’Connell, Graeme Grew, Jordan Dolishka Racing Women Hat Racing Woman Hat FORT WORTH, Texas, June 16, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or “the Company”) and Sports.com announced a sponsorship agreement with Racing Women LLC, the movement pioneering access and opportunity for women in motorsports and STEM programs worldwide. With 4,500 women from more than 70 countries already engaged in its global community, Racing Women, le ...
What's Behind Costco's 10% Jump in Membership Fee Income?
ZACKS· 2025-06-16 13:51
Key Takeaways COST saw Q3 membership fee income rise 10.4% to $1.24B, aided by fee hikes and a growing member base. Paid memberships rose 6.8% to 79.6M, while executive memberships grew 9% to 37.6M globally. Executive members now drive 73.1% of global sales, with U.S./Canada renewals hitting 92.7%.Costco Wholesale Corporation (COST) reported a 10.4% year-over-year increase in membership fee income in the third quarter of fiscal 2025, totaling $1,240 million. A key factor behind this growth was the members ...
Great Lakes Dredge & Dock (GLDD) Shows Fast-paced Momentum But Is Still a Bargain Stock
ZACKS· 2025-06-16 13:51
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...
Sterling Infrastructure (STRL) Is a Great Choice for 'Trend' Investors, Here's Why
ZACKS· 2025-06-16 13:51
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.Inves ...