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Ericsson (ERIC) Touches 3-Year High on Strong Earnings
Yahoo Finance· 2026-01-24 12:17
Core Viewpoint - Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) has shown strong performance, reaching a three-year high due to impressive earnings and a planned share buyback program of 15 billion Swedish krona [1][5]. Financial Performance - The company reported a net income increase of over 7,000 percent, rising to 28.7 billion Swedish krona from 400 million Swedish krona in 2024 [2]. - In the fourth quarter, net profit grew by 76 percent to 8.6 billion Swedish krona from 4.9 billion Swedish krona year-on-year, despite a 5 percent decline in net sales to 69.3 billion Swedish krona from 72.9 billion Swedish krona [4]. - Overall net sales for the full year decreased by 4.5 percent to 236.7 billion Swedish krona from 247.9 billion Swedish krona [3]. Stock Performance - During intra-day trading, Ericsson's stock peaked at $10.53 before closing at $10.43, reflecting an increase of 8.87 percent [2].
Jim Cramer on Venture Global: “We Don’t Think They’re Going to Deliver at All”
Yahoo Finance· 2026-01-24 11:37
Venture Global, Inc. (NYSE:VG) is one of the stocks Jim Cramer shared his take on. Toward the end of the lightning round, a caller asked about the stock, and Cramer replied: Venture Global, no. Venture Global, we do not like. We did a really good piece about it the other day. We just think that they just didn’t deliver, and we don’t think they’re going to deliver at all. Stock market reports printed on a sheet of paper. Photo by RDNE Stock Project on Pexels Venture Global, Inc. (NYSE:VG) develops and ...
JPMorgan Analyst Maintains an Overweight Rating on Freeport-McMoRan Inc. (FCX)
Yahoo Finance· 2026-01-24 11:27
Core Viewpoint - Freeport-McMoRan Inc. (NYSE:FCX) is recognized as one of the best-performing silver stocks, with analysts maintaining positive ratings and increasing price targets based on favorable market conditions for copper and aluminum [1][2][3]. Group 1: Analyst Ratings and Price Targets - JPMorgan analyst Bill Peterson has maintained an Overweight rating on Freeport-McMoRan Inc. and raised the price target from $58 to $68, reflecting improved forward pricing in the North America base metals segment [2]. - Wells Fargo also kept its Overweight rating and increased its price objective for Freeport-McMoRan from $55 to $64, anticipating a strong year for copper and aluminum in 2026 due to restricted new supply [3]. Group 2: Stock Performance - Freeport-McMoRan's stock has increased by 54.98% over the past 12 months as of January 22, 2026, indicating strong market performance [4]. Group 3: Market Insights - Analysts prefer copper over aluminum due to factors such as a declining currency and supply interruptions, which may impact pricing and demand dynamics in the metals market [2]. - The company is expected to face challenges such as substitution and demand recovery issues, particularly in the context of ongoing USMCA discussions and tariffs on imported steel and aluminum [3].
UBS is Bullish on SSR Mining Inc. (SSRM)
Yahoo Finance· 2026-01-24 11:23
SSR Mining Inc. (NASDAQ:SSRM) is among the 15 Best Performing Silver Stocks to Buy. UBS is Bullish on SSR Mining Inc. (SSRM) On January 14, 2026, TheFly reported that UBS analyst Levi Spry boosted SSR Mining Inc. (NASDAQ:SSRM)’s price objective from $31.50 to $34.50 and retained the shares’ Buy rating. According to the firm, 102,673 gold equivalent ounces were produced in the last quarter at a cost of sales of $1,585 per payable ounce and all-in operating costs of $2,359 per payable ounce, or $2,114 wit ...
California Water Service (CWT) Moves to Take Full Control of BVRT in Texas Expansion Push
Yahoo Finance· 2026-01-24 11:16
California Water Service Group (NYSE:CWT) is included among the 14 Best Mid-Cap Dividend Stocks to Buy Now. California Water Service (CWT) Moves to Take Full Control of BVRT in Texas Expansion Push On January 8, California Water Service Group (NYSE:CWT), which already owns a majority stake in BVRT Utility Holding Company LLC (BVRT) through its subsidiary TWSC, Inc. (Texas Water), said it has agreed to buy the remaining ownership interests in BVRT. If completed, the deal would make the company the sole ow ...
Why Analysts Are Watching Ardagh Metal Packaging S.A. (AMBP)
Yahoo Finance· 2026-01-24 10:48
Ardagh Metal Packaging S.A. (NYSE:AMBP) is among the overlooked penny stocks to invest in. On January 12, UBS lifted the price target on Ardagh Metal Packaging S.A. (NYSE:AMBP) to $4.25 from $4 and maintained a Neutral rating on the stock, according to TheFly. As stated by the analyst in a research note, UBS is not expecting a major macroeconomic change in 2026. Recently, many analysts have updated their outlook on the company. On January 8, Stefan Diaz from Morgan Stanley increased the price target on A ...
Analysts Turn Cautious on Baytex Energy Corp. (BTE) Following 77% Surge
Yahoo Finance· 2026-01-24 10:48
Baytex Energy Corp. (NYSE:BTE) is among the overlooked penny stocks to invest in. Baytex Energy Corp. (NYSE:BTE) On January 16, TD Cowen downgraded Baytex Energy Corp. (NYSE:BTE) to Hold from Buy and reaffirmed a price target of C$5. Thanks to the company’s rebranding project and reinstatement of its Normal Course Issuer Bid, the stock has appreciated significantly. Over the past six months, BTE has surged by nearly 77%. 3 High-Yielding Retirement Savings Stocks That Pay Monthly Dividends Earlier on Jan ...
UBS Maintains Buy Rating on Alaska Air (ALK) Stock
Yahoo Finance· 2026-01-24 05:31
Alaska Air Group, Inc. (NYSE:ALK) is one of the 10 most undervalued industrial stocks to buy according to analysts. Alaska Air Group (NYSE:ALK) stock received a boost on January 20 when UBS analyst Atul Maheswari maintained his Buy rating and $77 price target. Prior to that, on January 9, Susquehanna increased its price target for the stock from $52 to $70 while maintaining a Buy rating on the shares. In a research note to investors, Susquehanna highlighted a constructive fundamental outlook for the airlin ...
Hafnia Limited (HAFN) Is Undervalued According To Analysts
Yahoo Finance· 2026-01-24 05:31
Hafnia Limited (NYSE:HAFN) is one of the 10 most undervalued industrial stocks to buy according to analysts. Gregory Lewis, an analyst at BTIG, reaffirmed a Buy rating on the Hafnia Limited (NYSE:HAFN) stock on January 2. He also maintained the firm’s price target of $10 for the shares, implying a further 74.83% upside from current levels. This upside is at the top end of Wall Street analysts’ estimates, according to 9 analysts covering the stock. Is General Motors Company (GM) The Best Low Priced Dividen ...
Here’s What Hit Grand Canyon Education (LOPE) in Q4
Yahoo Finance· 2026-01-23 12:06
Riverwater Partners, an investment management company, released its “Small Cap Strategy” Q4 2025 investor letter. A copy of the letter can be downloaded here. The Strategy underperformed the Russell 2000 Index during the fourth quarter as well as in FY2025. The stock selection drove the underperformance of the Strategy in the quarter. The strategy’s emphasis on high-quality stocks lagged behind broader market trends. However, the firm expects the environment to be more favorable for high-quality businesses ...