CashNews.co The semiconductor sector, which was riding high on the expansion of artificial intelligence (AI) applications, faltered on the fading AI craze and tech sell-off in August and weak demand from China. However, the new monetary easing era led to a rally in semiconductor stocks over the past month. VanEck Vectors Semiconductor ETF SMH, iShares […]
CashNews.co The most recent trading session ended with NIO Inc. (NIO) standing at $5.23, reflecting a +1.75% shift from the previouse trading day’s closing. The stock’s performance was ahead of the S&P 500’s daily loss of 0.05%. Elsewhere, the Dow lost 0.02%, while the tech-heavy Nasdaq added 0.18%. Coming into today, shares of the company […]
CashNews.co The Zacks Internet – Delivery Services industry participants like GoDaddy GDDY, MakeMyTrip MMYT, QuinStreet QNST and Asure Software ASUR are strategically positioned for growth due to their sustained efforts toward adopting changing consumer preferences. A greater Internet presence in emerging markets, a burgeoning affluent middle class and the accelerated uptake of smartphones are set […]
CashNews.co Coinbase Global Inc COIN shares are trading at a premium to the Zacks Financial Transaction Service Market. Its 12-month forward price-to-earnings of 96.60X is much higher than the industry average of 24.12X, the broader sector’s 25.59X and the Zacks S&P 500 composite’s 22.27X. Its Value Score of F suggests that the stock is not […]
CashNews.co AXIS Capital Holdings AXS shares are trading at a discount to the Zacks Property and Casualty Insurance industry’s multiple of 1.65. Its price-to-book value of 1.36X is lower than the broader sector’s 3.74X and the Zacks S&P 500 composite’s 8.83X. Its pricing at a discount to the industry average gives a better entry point […]
CashNews.co For Immediate Release Chicago, IL – October 18, 2024 – Today, Zacks Equity Research discusses UnitedHealth Group Inc. UNH, The Cigna Group CI, Humana Inc. HUM and Molina Healthcare, Inc. MOH. Industry: HMO Link: https://www.zacks.com/commentary/2352108/4-hmo-stocks-to-watch-despite-continued-industry-headwinds The U.S. health insurance industry, referred to as Health Maintenance Organization (“HMO”), is expected to benefit from rising premiums […]
CashNews.co In the latest trading session, Emerson Electric (EMR) closed at $110.45, marking a -0.13% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.02% for the day. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq gained 0.04%. Prior to today’s trading, […]
CashNews.co For Immediate Release Chicago, IL – October 17, 2024 – Today, Zacks Equity Research discusses Atmos Energy Corp. ATO, UGI Corp. UGI, MDU Resources Group MDU and New Jersey Resources NJR. Industry: Gas Utility Link: https://www.zacks.com/commentary/2351590/4-gas-distribution-stocks-to-watch-from-a-muted-industry Natural gas distribution companies offer services to transport natural gas from the region of production to millions of […]
CashNews.co The U.S. health insurance industry, referred to as Health Maintenance Organization (“HMO”), is expected to benefit from rising premiums that it earns by offering affordable health insurance plans and result in membership growth, with Medicare demand expected to rise as the U.S. population ages. Active merger and acquisition (“M&A”) moves, supported by potential interest […]
CashNews.co The Zacks Shoes and Retail Apparel industry continues to face challenges from rising costs, lower consumer spending on discretionary items, and increased marketing investments, which have weighed on profits. Additionally, unfavorable currency fluctuations pose risks for companies with global operations. However, the industry has been promising due to growing consumer interest in healthy lifestyles, […]