These stocks fell after earnings, but Wall Street analysts see a buying opportunity

Global investment management firm Victory Capital reported earnings on Tuesday that missed on the topline and fell short of expectations, according to analysts at William Blair.

The firm went on to say in a note that the stock reaction was "overblown" and "we would be buyers on weakness,."after the country's president suffered an election upset against the opposition candidate. "Given robust underlying fundamentals, large total addressable market, and MELI's track record at weathering both regulatory and FX challenges in the past, we think the dip is largely an overreaction which has created a buying opportunity for investors who can withstand short term volatility," they said.World Wrestling Entertainment reported strong bottom-line results in late July. Shares of the company took a bit of a beating as of late but have quickly rallied back.

United States United States Latest News, United States United States Headlines

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

GE rebounds after CEO share purchases, Wall Street analysts come to company's defenseGE bounced back Friday after the CEO shored up confidence in buying a bulk of company shares, and analysts defended the industrial giant. Markopolos and this unnamed hedge fund need to be investigated. Where’s that 🥜 bag from yesterday 🤷🏻‍♂️He was peaking tweaking on cat nip or what 🤷🏻‍♂️😆 Short sellers made millions after reporting an unsubstantiated financial analysis.
Source: CNBC - 🏆 12. / 72 Read more »

Here's which stocks win when volatility spikes on Wall StreetHere are the top performing ETFs following spikes in volatility, according to hedge fund analytics tool Kensho.
Source: CNBC - 🏆 12. / 72 Read more »