IBM (IBM) Crossed Above the 50-Day Moving Average: What That Means for Investors
ZACKS· 2025-05-05 14:30
After reaching an important support level, IBM (IBM) could be a good stock pick from a technical perspective. IBM surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend.The 50-day simple moving average is a widely used technical indicator that helps determine support or resistance levels for different types of securities. It's one of three major moving averages, but takes precedent because it's the first sign of an up or down trend.Shares of IBM have been moving higher over ...
Lam Research (LRCX) Just Reclaimed the 50-Day Moving Average
ZACKS· 2025-05-05 14:30
After reaching an important support level, Lam Research (LRCX) could be a good stock pick from a technical perspective. LRCX surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend.The 50-day simple moving average is a widely used technical indicator that helps determine support or resistance levels for different types of securities. It's one of three major moving averages, but takes precedent because it's the first sign of an up or down trend.Shares of LRCX have been moving ...
KLA (KLAC) Recently Broke Out Above the 50-Day Moving Average
ZACKS· 2025-05-05 14:30
KLA (KLAC) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, KLAC broke out above the 50-day moving average, suggesting a short-term bullish trend.The 50-day simple moving average is a widely used technical indicator that helps determine support or resistance levels for different types of securities. It's one of three major moving averages, but takes precedent because it's the first sign of an up or down trend.KLAC could be on the verg ...
Wall Street Analysts Look Bullish on The Trade Desk (TTD): Should You Buy?
ZACKS· 2025-05-05 14:30
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?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 The Trade Desk (TTD) .The Trade Desk currently has an average bro ...
Should You Invest in e.l.f. Beauty (ELF) Based on Bullish Wall Street Views?
ZACKS· 2025-05-05 14:30
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?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 e.l.f. Beauty (ELF) .e.l.f. Beauty currently has an average broke ...
Pomerantz Law Firm Announces the Filing of a Class Action Against Avis Budget Group, Inc. and Certain Officers – CAR
GlobeNewswire News Room· 2025-05-05 14:28
NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Avis Budget Group, Inc. (“Avis Budget” or the “Company”) (NASDAQ: CAR) and certain officers. The class action, filed in the United States District Court for the District of New Jersey, and docketed under 25-cv-03332 , is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Avis Budget securities between February 16, 2024 an ...
Nisun International Signs $50 Million Corn Supply Agreement with Sichuan Yingdafeng Agricultural Technology Co., Ltd.
Prnewswire· 2025-05-05 14:23
The Company Forecasts Strong Growth in 2025 Driven by Supply Chain and KFC Franchise ExpansionSHANGHAI, May 5, 2025 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd ("Nisun International" or the "Company") (NASDAQ: NISN), a technology-driven organization focused on transforming supply chain and agricultural logistics, today announced the signing of a USD $50 million corn supply agreement with Sichuan Yingdafeng Agricultural Technology Co., Ltd. ("Yingdafeng").Under the agreement, Yi ...
Wall Street's Insights Into Key Metrics Ahead of Affirm Holdings (AFRM) Q3 Earnings
ZACKS· 2025-05-05 14:22
Wall Street analysts expect Affirm Holdings (AFRM) to post quarterly loss of $0.08 per share in its upcoming report, which indicates a year-over-year increase of 81.4%. Revenues are expected to be $783.11 million, up 35.9% from the year-ago quarter.Over the last 30 days, there has been an upward revision of 4.9% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timef ...
Seeking Clues to Epam (EPAM) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
ZACKS· 2025-05-05 14:22
Wall Street analysts forecast that Epam (EPAM) will report quarterly earnings of $2.27 per share in its upcoming release, pointing to a year-over-year decline of 7.7%. It is anticipated that revenues will amount to $1.28 billion, exhibiting an increase of 10.1% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 5.6% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their ...
Curious about Insulet (PODD) Q1 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2025-05-05 14:22
Wall Street analysts forecast that Insulet (PODD) will report quarterly earnings of $0.81 per share in its upcoming release, pointing to a year-over-year increase of 11%. It is anticipated that revenues will amount to $541.33 million, exhibiting an increase of 22.6% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 1.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed t ...