Beware of these stocks at risk of a major earnings 'blowup'

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

Unitedhealth Group Inc أخبار

L3harris Technologies Inc,Juniper Networks Inc,Lyft Inc

Investors may want to keep a close eye on these stocks, whose results risk disappointing the Street, according to Wolfe Research.

First-quarter earnings season is just getting started, but investors may want to keep a close eye on a group of stocks at risk of a profit "blowup," according to Wolfe Research. The start of the reporting period unofficially kicked off last week with results from most of the biggest banks. That continued this week, with reports from Morgan Stanley, Bank of America and major health insurers such as UnitedHealth.

This week, the Elon Musk-run company also set plans to lay off 10% of its workforce. Tesla scores a 2 on Wolfe Research's earnings quality scale, showing up six times on the firm's short screens. Other electric vehicle stocks also made Wolfe Research's short ideas, including Rivian Automotive . The Irvine, California, EV maker scored a 3 for earnings quality in the fourth quarter of 2023 and appeared on four of Wolfe's short screens. Rivian has tumbled 63% so far in 2024.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين