Top Wall Street analysts believe in the long-term potential of these stocks

Investors are confronting several headwinds, including macro uncertainty, a spike in energy prices and the unanticipated crisis in the Middle East.

In terms of competition, the analyst contends that while TikTok, Temu and Shein are expanding their global footprint, they pose a competitive risk to Amazon mostly at the low end, while the company is focused across a broad range of consumers. Additionally, Bolton said that this move would help Intel drive a renewed focus on the aerospace and defense sectors, as well as industrial and automotive sectors, which carry high margins and have long product lifecycles. It would also help Intel enhance shareholder value and monetize non-core assets.

The analyst highlighted that the company's fiscal fourth quarter revenue exceeded his expectations, fueled by the unanticipated strength in NAND shipments through strategic buys, which helped offset a slightly weaker average selling price. "Steady traffic gains and an engaged membership base underscore COST's strong positioning amid a slowing consumer spending environment," said Benedict.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Top Wall Street analysts believe in the long-term potential of these stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Amazon and Meta.
La source: NBCLA - 🏆 319. / 59 Lire la suite »

Wall Street’s “fear gauge” surges as Middle East escalation rattles stocksJoseph Adinolfi is a markets reporter at MarketWatch.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Nvidia and Nike are among the most overbought stocks in the S&P 500. Here are the othersHere's the latest list of overbought and oversold stocks on Wall Street.
La source: CNBC - 🏆 12. / 72 Lire la suite »