Key Takeaways AFRM has surged past its 200-day SMA, signaling a potential uptrend amid rising investor momentum. A 94% repeat user rate, 0% APR growth and new verticals are driving Affirm's BNPL expansion. Global rollout via Shopify and a valuation discount position AFRM for potential upside despite debt concerns.Shares of Affirm Holdings, Inc. (AFRM) are gaining momentum, buoyed by product innovation, a growing customer base, and strategic moves in the buy now, pay later (BNPL) space. Recently, AFRM has ...

Angi (ANGI) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, ANGI broke through the 20-day moving average, which suggests a short-term bullish trend.A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages.Like other ...

Core Insights - Barrick Mining Corporation's stock has shown bullish momentum, breaking above its 50-day simple moving average (SMA) and gaining approximately 6% in a week due to rising gold prices driven by trade and geopolitical tensions [1][8] - The stock is also trading above its 200-day SMA, indicating a long-term uptrend, with a golden crossover occurring on April 9, 2025 [2] Stock Performance - Over the past year, Barrick's shares have increased by 20.3%, underperforming the Zacks Mining – Gold industry's 52.6% rise but outperforming the S&P 500's 10.8% increase [5] - Compared to peers, Newmont Corporation, Kinross Gold Corporation, and Agnico Eagle Mines Limited have seen gains of 34.6%, 97%, and 85.3%, respectively [5][6] Production and Projects - Key projects such as Goldrush and Lumwana are progressing on schedule and within budget, which is expected to enhance long-term output [8][11] - The Goldrush mine aims for 400,000 ounces of annual production by 2028, while the Reko Diq project in Pakistan is projected to produce 460,000 tons of copper and 520,000 ounces of gold annually starting in 2028 [12][13] Financial Performance - Barrick's liquidity is strong, with cash and cash equivalents around $4.1 billion and operating cash flows of approximately $1.2 billion in Q1 2025, a 59% increase year over year [17] - The company returned $1.2 billion to shareholders in 2024 through dividends and share repurchases, with a healthy dividend yield of 2% and a payout ratio of 28% [18] Cost Challenges - Barrick faces rising costs, with cash costs per ounce of gold and all-in-sustaining costs (AISC) increasing by approximately 16% and 20% year over year, respectively [19] - For 2025, total cash costs are projected to be between $1,050-$1,130 per ounce, and AISC is expected to range from $1,460-$1,560 per ounce, indicating a year-over-year increase [19][20] Production Outlook - The company forecasts attributable gold production for 2025 to be between 3.15-3.5 million ounces, a decline from 3.91 million ounces in 2024, primarily due to reduced output from certain mines [20] - Total gold production fell roughly 19% year over year to 758,000 ounces in Q1 2025 [20] Earnings Estimates - Earnings estimates for Barrick have been revised upward over the past 60 days, with the Zacks Consensus Estimate for 2025 and 2026 being adjusted higher [21] Valuation - Barrick's stock is currently trading at a forward price/earnings ratio of 10.67X, which is about 23.6% lower than the industry's average of 13.97X, indicating an attractive valuation [21] Investment Recommendation - The combination of production growth initiatives, strong financial health, rising earnings estimates, and a safe dividend yield suggests a positive outlook for Barrick, although caution is warranted due to high costs and a subdued production forecast [22]

After reaching an important support level, Lam Research (LRCX) could be a good stock pick from a technical perspective. LRCX surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages.Like other SMAs, if ...

Commvault Systems (CVLT) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, CVLT crossed above the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a well-liked trading tool because it provides a look back at a stock's price over a 20-day period. Additionally, short-term traders find this SMA very beneficial, as it smooths out short-term price trends and shows more trend reversal signals t ...

Shares of Principal Financial Group, Inc. (PFG) have gained 1.9% in the year-to-date (YTD) period, outperforming the industry’s growth of 1.7% and the S&P 500 composite’s decline of 1.8%. It, however, underperformed the Finance sector’s return of 3.9% in the YTD period.This multi-line insurer has been trading above its 50-day simple moving average (SMA), signaling a short-term bullish trend. Its share price, as of May 27, 2025, was $78.89, down 14.2% from its 52-week high of $91.98.The 50-day SMA is a key i ...

Core Viewpoint - NIKE Inc. is experiencing a significant decline in stock performance, with shares dropping below key moving averages, indicating bearish sentiment and concerns over growth prospects [1][5][9]. Stock Performance - On May 23, 2025, NIKE's stock closed at $60.02, below its 50-day simple moving average (SMA) of $60.89, marking a short-term bearish trend [1][3]. - The stock has lost 24.4% over the past three months, underperforming the Zacks Shoes and Retail Apparel industry's decline of 20.2% and the broader Zacks Consumer Discretionary sector's decline of 0.9% [5][6]. - Currently, NIKE's stock trades 38.8% below its 52-week high of $98.04 and 14.8% above its 52-week low of $52.28 [8]. Growth Concerns - The decline in stock price is attributed to concerns regarding NIKE's growth prospects, including weak performance in the lifestyle segment and a drop in digital sales, alongside lower retail traffic in Greater China [9][11]. - Management has indicated potential mid-teen revenue declines due to shipment timing disruptions, adverse foreign exchange rates, and new tariffs on imports [11][12]. Margin and Profitability - NIKE anticipates a gross margin contraction of 400-500 basis points, influenced by prior restructuring charges and ongoing margin pressures [12]. - SG&A expenses are expected to grow in the low to mid-single digits, further squeezing profitability [12]. Earnings Estimates - The Zacks Consensus Estimate for NIKE's fiscal 2025 EPS remains unchanged, while the estimate for fiscal 2026 EPS has decreased by a penny [13]. - For fiscal 2025, revenue and EPS are projected to decline by 10.7% and 45.6%, respectively, with fiscal 2026 estimates indicating further declines of 1.4% and 9.8% [15]. Strategic Initiatives - NIKE is focusing on its "Win Now" strategy, which includes tighter inventory control, accelerated innovation, and strengthened wholesale partnerships to stabilize performance [16][17]. - The company is enhancing its sports-driven identity through faster product development and a shift towards full-price, digitally led sales [17]. Valuation Perspective - NIKE's current forward P/E ratio of 30.86X is significantly higher than the industry average of 24.21X and the S&P 500's average of 21.36X, raising questions about the justification of its premium valuation [18][20]. - Competitors like adidas, Caleres, and Carter's have lower forward P/E ratios, indicating a stretched valuation for NIKE [20]. Long-Term Outlook - Despite near-term challenges, NIKE's long-term potential is supported by its strong brand equity, innovation, and strategic direction aimed at reigniting growth [22]. - The company is well-positioned for long-term, profitable growth, but current market conditions and technical indicators suggest a cautious approach [23][24].

Voya Financial, Inc. (VOYA) has been trading above its 50-day simple moving average (SMA), signaling a short-term bullish trend. Its share price as of May 22, 2025, was $66.72, down 20.8% from its 52-week high of $84.30.The 50-day SMA is a key indicator for traders and analysts to identify support and resistance levels. It is considered particularly important as this is the first marker of an uptrend or downtrend.VOYA Price Movement vs. 50-Day Moving AverageImage Source: Zacks Investment ResearchWith a mark ...

Core Insights - Equinix (EQIX) has shown a bullish trend after surpassing the 20-day moving average, indicating a potential short-term upward movement in stock price [1][4] - The stock has experienced a 6% increase over the past four weeks, reinforcing the positive outlook for EQIX [4] - There have been six upward revisions in earnings estimates for the current fiscal year, with no downward revisions, suggesting strong investor confidence [3] Technical Analysis - The 20-day simple moving average is a key indicator for short-term traders, smoothing out price fluctuations and providing clearer trend signals [1][2] - A stock price above the 20-day moving average indicates a positive trend, while a price below suggests a downward trend [2] Earnings Estimates - The consensus estimate for EQIX has increased due to the positive revisions, further supporting the bullish sentiment among investors [3] - The combination of technical indicators and favorable earnings revisions makes EQIX a stock to watch [3]

Palomar Holdings Inc. (PLMR) has been trading above its 50-day simple moving average (SMA), signaling a short-term bullish trend. As of May 21, 2025, its share price was $161.54, down 2.1% from its 52-week high of $165.00.The 50-day SMA is a key indicator for traders and analysts to identify support and resistance levels. It is considered particularly important as it is the first marker of an uptrend or downtrend. Palomar aspires to be a dominant player in the crop insurance sector, targeting a position amo ...