NVO suffered its worst drop on record less than a month ago, but is pointed higher todayPharmaceutical powerhouse Novo Nordisk (NYSE:NVO) is charging 3.1% higher to trade at $54.10, after its weight-loss drug Wegovy landed Food and Drug Administration (FDA) approval to be used in the treatment of liver disease in the U.S. Today's pop comes just weeks after the company slashed its 2025 profit outlook and appointed a new CEO, resulting in a 21.8% bear gap on July 29, its worst drop on record. NVO is off 39% i ...

Core Insights - Roku Inc (NASDAQ: ROKU) has received an upgrade from Keybanc to "overweight" from "sector weight," with a price target set at $115, citing budgeting and advertising updates as potential growth drivers [1] - Piper Sandler has also increased its price target for Roku from $65 to $84, indicating positive market sentiment [1] Stock Performance - Roku's stock initially reached $91.66, its highest level since February, but has since consolidated below $90, currently trading at $89.33 [2] - The stock has increased by 70% since its low of $52.43 in April and is up 19% year-to-date [2] Short Selling and Options - Short interest in Roku has decreased by 16.6% over the past two reporting periods, with 7.67 million shares sold short, representing 6% of the stock's total float [3] - The current Schaeffer's Volatility Index (SVI) for Roku is 41%, placing it in the 1st percentile of its annual range, suggesting low volatility expectations among options traders [3]

Core Insights - The article emphasizes the author's extensive experience in investment banking, particularly in equity research, corporate finance, and M&A within the Canadian electric utilities and infrastructure sectors [1] Group 1: Experience and Expertise - The author has over twenty years of experience in sell-side equity research, corporate and project finance, M&A, and valuations [1] - A decade was spent as an equity research analyst at global banks, including UniCredit Securities and HSBC Global Markets, achieving top ratings in surveys [1] - Prior to investment banking, the author worked for ten years in a Canadian corporate environment focusing on power projects and M&A [1] Group 2: Investment Philosophy - The author believes in actionable investment ideas and the importance of compelling narratives and clear arguments [1] - There is a focus on sharing insights and stories to contribute to a smarter and richer world [1]

Boeing Co (NYSE:BA) is up 2.3% at $182.09 this morning, after Bernstein upgraded the stock to "outperform" from "market perform." The firm said the aerospace giant "should be on a much firmer path than in 2023" as the company works to recover from the fallout of the 2024 Alaska Airlines incident and rebuilds confidence after earlier 737 Max controversies.BA is now up 3.3% year-to-date and has extended its year-over-year lead to more than 9%. The equity is fresh off its third-straight weekly win, though it i ...