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PENN Entertainment & MSE Team Up, ESPN BET to Enter Washington D.C.
ZACKS· 2025-01-14 16:06
The wholly-owned subsidiary of PENN Entertainment, Inc. (PENN) , PENN Sports Interactive, LLC, joins hands with Monumental Sports & Entertainment (“MSE”) for a long-term multi-channel agreement.PENN stock gained 3% during Monday’s trading hours and inched down 0.1% in the after-hours.PENN’s New PartnershipThrough the strategic partnership, PENN Entertainment will secure online market access for ESPN BET, its online sportsbook, in Washington D.C., subject to regulatory approvals. Currently available in 19 st ...
5 Biotech Stocks Worth Adding to Your Portfolio in 2025
ZACKS· 2025-01-14 16:06
The macroenvironment in 2025 looks grim as signs of a slowdown in the economy set in. The biotech industry experienced a choppy ride in 2024, and the same is likely in store in 2025. Given the continuous need for innovative medical treatments, irrespective of the state of the economy, the biotech industry will continue to grab investors’ interest despite the inherent volatility and uncertain macroeconomic environment.M&A activity is likely to accelerate in 2025 with a change in administration and expected d ...
Trivago Rises 8% in 6 Months: Should You Hold or Fold the Stock?
ZACKS· 2025-01-14 16:06
Trivago (TRVG) shares have soared 7.7% in the past six months, outperforming the broader Zacks Computer and Technology sector’s return of 0.2%. Over the same time frame, it also outperformed the Internet – Services industry and its peers, including Yatra Online (YTRA) and Tripadvisor (TRIP) .In the past six months, shares of YTRA and TRIP have lost 4.1% and 20.4%, respectively. The industry appreciated 2.9% in the past six months. With shares currently trading higher than the industry, the question arises: ...
Why SoundHound AI Stock Is Jumping Today
The Motley Fool· 2025-01-14 16:06
SoundHound AI (SOUN 0.39%) stock is seeing strong gains in Tuesday's trading. The conversational artificial intelligence (AI) company's share price was up 2.2% as of 10:30 a.m. ET, amid a gain of 0.2% for the S&P 500 (^GSPC -0.04%) and a gain of 0.3% for the Nasdaq Composite (^IXIC -0.04%). The stock had been up as much as 12.4% early in the session.After some big sell-offs early in 2025's trading, SoundHound AI stock is surging today thanks to some bullish macroeconomic news. But while the company's share ...
TSMC: A Growth Story That's Still Undervalued
Seeking Alpha· 2025-01-14 16:03
In July 2024, I argued that Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM ) is ready for new all-time highs, pointing to booming business momentum. Since the time of article publication, TSM shares returned more than 20%, compared to a gain of 6% forExperience as an investment analyst for a major BB-Bank, as well as private equity consultant for MBB. Currently working towards the CFA charter, having completed I&II. Passion for risk-assets (Growth, Contrarian, Emerging Market) ex-colleague an ...
Wall Street sets Lucid stock price target for the next 12 months
Finbold· 2025-01-14 16:01
Despite the massive backing from the Saudi Public Investment Fund (PIF), numerous partnerships aimed at revitalizing the business, and the high hopes for the Gravity model, Lucid Motors’ (NASDAQ: LCID) stock performance can, at best, be described as lackluster.Specifically, having significantly underperformed the promises made during its initial public offering (IPO), the electric vehicle (EV) maker struggled through 2024, ending the year 27.23% in the red at $3.02.The start of 2025 did not prove much bette ...
Atlassian Stock Rises 24% in 3 Months: What Should Investors Do?
ZACKS· 2025-01-14 16:01
Atlassian (TEAM) shares have gained 23.7% in the past three months, outperforming the Zacks Computer Technology sector, Zacks Internet Software industry and the S&P 500’s return of 3.9%, 5.3% and 1.1%, respectively.This growth reflects investors’ confidence in Atlassian's reputation as a leader in the enterprise collaboration and workflow software space. This impressive price surge raises a crucial question for investors: Is it the right time to buy, hold or sell Atlassian stock?Rapid Cloud Adoption Drives ...
Strength Seen in LSB (LXU): Can Its 22.3% Jump Turn into More Strength?
ZACKS· 2025-01-14 16:01
LSB Industries, Inc. (LXU) shares ended the last trading session 22.3% higher at $9.10. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 15.4% loss over the past four weeks.LSB Industries’ rally is primarily driven by optimism about strength in its business attributed to a diversified portfolio of industrial and agricultural products, a potential spike in agricultural commodity prices and a strong balance sheet. Als ...
Best Momentum Stock to Buy for January 14th
ZACKS· 2025-01-14 16:01
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, January 14th:Constellation Energy Corporation (CEG) : This company which provides electric power, natural gas and energy management services to 2 million customers across the continental United States, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.5% over the last 60 days.Constellation Energy’s shares gained 3% over the last three m ...
Pathward Financial (CASH) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-01-14 16:01
The market expects Pathward Financial (CASH) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be ...