Third-quarter earnings reveal promising early returns from CEO Brian Niccol’s appointment with several intriguing initiatives left in the pipeline
Google parent Alphabet's shares have become more attractive as we remain confident that the firm’s network effect and data economic moat sources will continue to drive growth.
Investors should find shares of the chip titan enticing after a record quarter.
We are raising our fair value estimate to account for an increase in vehicles delivered through 2027.
The firm's first-quarter 2019 results continue a trend of broad-based strength across businesses.
The wide-moat firm continues to execute and generate prodigious amounts of cash, but its shares look slightly overvalued.
The firm's entertainment segment looks troubled, but our fair value estimate remains unchanged.
Our narrow moat rating and $58 fair value estimate remain intact.
Our long-term fundamental outlook for the firm remains intact, and we don't expect changes to our fair value estimate.
Four of the wide-moat firm's five segments boasted sales gains in the mid- to high-single-digit range in the first quarter.
Hurricanes and other disasters resulted in $1.5 billion in catastrophe losses for the insurer.
Narrow-moat Invesco acquired the firm for $5.7 billion, higher than estimates, to be paid entirely in stock.
We still see the streamer as significantly overvalued despite better than expected subscriber growth.
We're maintaining our fair value estimate on the narrow-moat company.
We view the company as slightly overvalued but don't expect any major changes to our fair value estimate.
It was a solid quarter from the asset manager, and the company is well positioned despite some institutional outflows from riskier asset classes.
Superb credit quality and declining expenses led to a solid quarter for the narrow-moat bank.
As legal issues fade, operating losses are down, and we are maintaining our fair value estimate for the wide-moat firm.
We’re raising our fair value estimate for the narrow-moat bank after the third-quarter earnings shows the firm firing on all cylinders.
Concerns over the health of Chinese consumers has led to a sell-off.
The wide-moat industrial distributor's growth is being driven by improving end market demand and the company's vending and onsite growth efforts.
The wide-moat firm remains one of our top ideas in restaurants.
We're not changing our fair value estimate after management rolled back capacity expansion for the coming quarter and raised projections for other revenue.
The combined company--which is a true merger of equals--will have a total market enterprise value nearly on par with industry leader Transocean.
We believe the wide-moat firm's position as the premier software provider within the nonprofit space remains fully intact.
We're encouraged by the wide-moat retailer's ongoing robust growth, but we suggest investors await a more attractive entry point.
We are encouraged by HP's execution and road map, but a highly competitive marketplace will cap long-term excess economic returns.
Lennar's strong third-quarter results and fiscal 2019 guidance are hardly reflective of a housing recovery that has run its course.
We like the deal because it gives Cruise even more cash to scale up quickly without further using GM's funds.
Given the recent strength in employment, we would expect the wide-moat firm's payroll revenue to be growing at a faster rate.
Both Ford and GM faced tough comparable from last year.
The wide-moat firm's efforts to drive innovation within its portfolio and better promote new offerings have gained traction with consumers.
As a result of the ruling, we’re raising our fair value on Fresenius and lowering our fair value on Akorn.
We think that Albert Bourla will continue the wide-moat firm's current strategic focus.
We don't plan to materially alter our $15.70 fair value estimate after the surprisingly timed move.
We think the settlement is wise, but Musk is better in a role other than CEO.
Without Musk, we estimate that Tesla is worth, at best, about $126 per share.
Despite company commentary suggesting that yield growth is slowing, nothing warranted imminent concern about Carnival's ability to drive demand creation or manage its cost structure.
Quarterly results indicate the turnaround remains stalled with no catalyst to drive earnings in sight.
Market skepticism about the deal closing with Dominion is leaving plenty of potential upside.
The move to raise interest rates was expected, and we see no change to our long-term rate projections.
Based on the current quarter's momentum and the strong engagement reported from the new advertisement featuring Colin Kaepernick, we think management's full-year guidance is conservative.
Despite slowing growth, margin contraction, and headwinds from weaker buy-side customer demand, the market continues to award FactSet with a higher multiple.
In an industry that has a history filled with expensive acquisitions, Barrick's proposed acquisition of Randgold stands apart.
The Cigna merger with Express Scripts will create one of the strongest firms in the U.S. healthcare market.
We believe Comcast will struggle to generate a decent return on its investment.
With both firms being viewed as average when it comes to performance and product offering, we'd view this as more of a pricey scale move.
The wide-moat firm's largest deal to date will further bolster its Experience Cloud as it attempts to widen its competitive positioning against Salesforce, Oracle, and SAP.
There's more to Darden's outperformance than favorable industry trends.
Enbridge is seeking to acquire all public shares of its remaining sponsored vehicles--and we like the move.