CashNews.co Barrick Gold Corporation’s GOLD stock looks attractive from a valuation perspective. GOLD is currently trading at a forward price/earnings of 12.68X, a roughly 17.7% discount when stacked up with the industry average of 15.41X. It also has a Value Score of A. GOLD is currently trading at a roughly 6% discount to its 52-week […]
Cash News The cryptocurrency market, which was trying to rebound after the Federal Reserve announced a rate cut in September, has again started facing roadblocks. Bitcoin (BTC), which surged past $63,000 in the days following the rate cut announcement, has retreated this week and fell below $60,000. Several factors have been responsible for this sudden […]
CashNews.co For Immediate Release Chicago, IL – October 4, 2024 – Today, Zacks Equity Research discusses Williams-Sonoma, Inc. WSM and Fortune Brands Innovations, Inc. FBIN. Industry: Retail – Home Furnishings Link: https://www.zacks.com/commentary/2345496/2-retail-home-furnishing-stocks-to-watch-defying-industry-challenges Despite the Fed’s decision to cut interest rates, consumers remain cautious about jobs and business conditions. This pessimistic approach to future business conditions […]
Cash News Bitcoin’s recent price movements have shown increased volatility, with $272 million in liquidations over the past 24 hours, reflecting broader market trends and trader behavior. Over the past 48 hours, Bitcoin fell from $62,000 to a low of $60,000, marking a roughly 3% decline. Following this drop, Bitcoin saw a slight recovery to […]
CashNews.co For Immediate Release Chicago, IL – October 1, 2024 – Today, Zacks Equity Research discusses Tyson Foods, Inc. TSN, Pilgrim’s Pride Corp. PPC and Beyond Meat, Inc. BYND. Industry: Food – Meats Link: https://www.zacks.com/commentary/2343250/3-meat-stocks-in-the-spotlight-as-industry-trends-gain-strength Growing consumer demand for protein-rich products, fueled by an increasing focus on health and wellness, has been working well for […]
CashNews.co For Immediate Release Chicago, IL – September 30, 2024 – Today, Zacks Equity Research discusses Take-Two Interactive Software, Inc. TTWO, Hasbro, Inc. HAS and Mattel, Inc. MAT. Industry: Toys – Games – Hobbies Link: https://www.zacks.com/commentary/2342523/3-toys-games-stocks-likely-to-navigate-industry-challenges The Zacks Toys – Games – Hobbies industry is being hurt by a decline in toy sales and high […]
CashNews.co Enphase Energy (ENPH) closed the most recent trading day at $115, moving +1.22% from the previous trading session. This move outpaced the S&P 500’s daily loss of 0.13%. At the same time, the Dow added 0.33%, and the tech-heavy Nasdaq lost 0.39%. The the stock of solar technology company has fallen by 6.34% in […]
CashNews.co Dominion Energy (D) ended the recent trading session at $57.13, demonstrating a -0.16% swing from the preceding day’s closing price. This move lagged the S&P 500’s daily gain of 0.4%. On the other hand, the Dow registered a gain of 0.62%, and the technology-centric Nasdaq increased by 0.6%. Heading into today, shares of the […]
CashNews.co Coty Inc. COTY capitalized on its strong brand presence in fragrances, cosmetics and skincare. It continue s to thrive in the booming global beauty market despite some headwinds. The focus on expanding its consumer beauty and fragrance segments, coupled with a commitment to innovation and sustainability, positions COTY to benefit from growing consumer demand. […]
CashNews.co Companies in the Zacks Beverages – Soft Drinks industry are well-positioned for long-term market share growth through innovation, adaptability, and a focus on consumer well-being. Increased digital investments in e-commerce and direct-to-consumer channels are proving advantageous. Key industry drivers include health consciousness, sustainability, and product innovation. Participants are expected to benefit from expanding into […]