Wall Street's top analysts say stocks like Qualcomm and Spotify have compelling upside potential

  • 📰 CNBC
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Your weekend brief: Wall Street's top analysts say stocks like Qualcomm and Spotify have compelling upside potential

delivered historic Q2 results with +16.2% comps, all-time high EBIT margins and a +62% EPS beat " he commented on July 29, noting that the results exceeded even the most bullish buyside expectations

Net-net, O'Reilly's defensive characteristics, non-discretionary assortment and clear evidence of quality execution in a challenging environment keep Fadem on-side. "ORLY shares are +4% YTD , but in our view, have lagged other recent winners and deserve to play catch up" the analyst told investors, adding that he sees ORLY as a stable profit compounder.

"Play it cool, don't raise your numbers too high," is what we're telling ourselves, but it's hard to contain our excitement as revenue and EPS surpassed Street estimates by ~33% and ~93%, respectively," top BTIG analystOn July 29 he reiterated his Hologic buy rating while ramping up hisfrom $63 to a bullish $84, a 31% upside potential.

 

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

I can see spotify changes that would be suitable

Wall Street’s top analysts are literally never right

$QCOM

Vote for me ne because you hate trump, not because i am better

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 ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Here's what Wall Street analysts are saying about Alphabet's earnings reportNew for subscribers: Here's what Wall Street analysts are saying about Alphabet's earnings report Check out CNBCPro for a free trial.
Source: CNBC - 🏆 12. / 72 Read more »

Here's what major Wall Street analysts are saying about Facebook's second-quarter earningsNew for subscribers: Here's what major Wall Street analysts are saying about Facebook's second-quarter earnings Check out CNBCPro for a free trial.
Source: CNBC - 🏆 12. / 72 Read more »