Investors should be 'kicking the tires' on these undervalued stocks, analysts say

  • 📰 CNBC
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

CNBC combed through Wall Street research over the last week to see where analysts are finding value.

div > div.group > p:first-child"> Activision Blizzard and Spotify were among the stocks Wall Street analysts recommended to clients as undervalued this week.

Last month, on the heels of the wildly successful Epic Games' 'Fortnite', Activision issued a weak forecast and announced it was cutting 8 percent of its staff. But Olson is betting on a rebound. If Spotify shares fall leading up to Apple's March 25th event, where the iPhone is expected to unveil streaming TV and subscription news services, it could be a reason to buy, noted Rosenblatt Securities analyst Mark Zgutowicz."Net-net, we are buyers on any weakness in front of Apple's event," Zgutowicz said.

"NWL shares continue to fade following a disappointing Q4 earnings report on 2/15 ... At this point, we believe expectations have been sufficiently rebased and that investor sentiment is now 'so bad, it's actually good.' Overall, we believe the market has lost sight of the underlying value in NWL's businesses given all of the moving parts, which exiting FY19 should ultimately be a simpler, faster growing company, with significant exposure to e-commerce...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hidden cameras in Kraft probe shows how police can secretly infiltrate private businessThe investigation that involves Robert Kraft's case shows how police can secretly install hidden cameras inside a private business, a CNBC investigation finds. CNBC This is the shit I hate about government CNBC I feel sorry for the LE Officers who had to watch the rub and tug videos of old white guys with sex slaves Patriots CNBC Using the patriot act to spy on US citizens should not be ok.
Source: NBCNews - 🏆 10. / 86 Read more »