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3 Reasons to Avoid HOPE and 1 Stock to Buy Instead
StockStory24d agobullish
3 Reasons to Avoid HOPE and 1 Stock to Buy Instead

Over the past six months, Hope Bancorp has been a great trade, beating the S&P 500 by 6.1%. Its stock price has climbed to $13.40, representing a healthy 14.3% increase. This performance may have investors wondering how to approach the situation.

3 Reasons FBNC is Risky and 1 Stock to Buy Instead
StockStory24d agobullish
3 Reasons FBNC is Risky and 1 Stock to Buy Instead

First Bancorp has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 11.3% to $64.01 per share while the index has gained 8.2%.

Why Elevance Earnings Gave Health Insurance Stocks A Cold; UNH Up Next
Investor's Business Daily24d agoneutral
Why Elevance Earnings Gave Health Insurance Stocks A Cold; UNH Up Next

Elevance Health topped Q2 earnings estimates Wednesday, despite falling medical membership, but profit was boosted by one-time "below-the-line" factors and the full-year outlook was underwhelming. ELV stock tumbled, making it among the S&P 500's early laggards. Molina Healthcare, another S&P 500 managed care stock, joined Elevance among the biggest laggards performers in pre-market trading.

SpaceX Stock Is in a Bear Market. This Can Turn It Around.
Barrons.com24d agobearish
SpaceX Stock Is in a Bear Market. This Can Turn It Around.

SpaceX stock is dangerously close to breaking its $135 IPO price. SpaceX is set to test its huge, fully-reusable Starship for the thirteenth time. Starship promises to dramatically lower the cost of reaching space while dramatically increasing SpaceX’s capacity to put things into orbit.

Here Are Wednesday’s Top Wall Street Analyst Research Calls: Allstate, AMC Entertainment, Boeing, CAVA Group, Check Point Software, Digital Realty Trust, FedEx, IBM, UPS, and More
24/7 Wall St.24d agoneutral
Here Are Wednesday’s Top Wall Street Analyst Research Calls: Allstate, AMC Entertainment, Boeing, CAVA Group, Check Point Software, Digital Realty Trust, FedEx, IBM, UPS, and More

Pre-Market Stock Futures: Futures are trading higher after a nice bounce-back day for Wall Street, as a tepid June consumer price index report, combined with the President dropping the big Strait of Hormuz tolls, brought buyers back to the table. When the final bell rang, all of the major indices finished the day higher. The ... Here Are Wednesday’s Top Wall Street Analyst Research Calls: Allstate, AMC Entertainment, Boeing, CAVA Group, Check Point Software, Digital Realty Trust, FedEx, IBM, UPS

Why Johnson & Johnson Stock Is Falling Even After a Guidance Hike
Barrons.com24d agobullish
Why Johnson & Johnson Stock Is Falling Even After a Guidance Hike

Johnson & Johnson raised its full-year guidance on the back of better-than-expected second-quarter earnings as strength in its oncology portfolio helped offset falling sales for its former blockbuster drug, Stelara. The drugmaker on Wednesday reported adjusted earnings of $2.90 a share, beating the $2.85 a share analysts had anticipated. J&J logged $25 billion in sales, in line with Wall Street estimates and up 6% from the same period last year.

3 Reasons GEL is Risky and 1 Stock to Buy Instead
StockStory24d agobullish
3 Reasons GEL is Risky and 1 Stock to Buy Instead

Over the past six months, Genesis Energy’s shares (currently trading at $14.60) have posted a disappointing 14% loss, well below the S&P 500’s 8.2% gain. This was partly due to its softer quarterly results and might have investors contemplating their next move.