We believe the company has an opportunity to improve on existing mail-order prescription platforms.
We plan a modest raise to our McDonalds $225 fair value estimate based on more optimistic near-term top and bottom line results and see shares as slightly undervalued.
With new restaurant formats and operational efficiencies, we think Starbucks is poised for profitable market share gains in the years to come. We plan to raise our fair value estimate.
The natural question investors might be asking is how much of wide-moat Amazon's recent momentum is tied to pandemic demand and how much reflects structural changes?
The reported buyout price is a 42% premium to our $75 fair value estimate.
We expect to increase our fair value estimate for the wide-moat fast-food chain.
While we believe that most publicly traded restaurant companies will survive COVID-related disruptions, we still believe that the worst may be yet come for the broader industry.
Following a paradigm-shifting update from Amazon, we raise our five-year average annual revenue outlook to 22% from 19% and our five-year operating margin target to 10% from 8%. We increase our fair value estimate to $3,500 per share
We see several ways that the company is positioned to take market share.
Despite industry uncertainty, we are maintaining our fair value estimate for the wide-moat company.
We are not making any changes to our fair value estimate and view shares for the wide-moat company as undervalued.
Despite stores closures, we remain comfortable with our fair value estimate and five-year outlook for the wide-moat company.
We made no change to our fair value estimate and see shares as undervalued.
Coronavirus-related investments change the wide-moat company's near-term margin profile, but also bolster network effect.
Recovery for the wide-moat firm will be prolonged, but we view its dividend as one of the safest in the industry.
We see Starbucks as well positioned for market share gains ceded from smaller players.
We plan to raise our fair value estimate to reflect future market share gains, but shares are still overvalued.
Our fair value estimate remains intact, and we see shares as significantly undervalued.
We believe specialty coffee will be one of the restaurant categories hardest hit by coronavirus disruptions, but we're not planning to change our fair value estimate on this wide-moat firm.
Based on our sales forecast, we think this wide-moat firm can maintain its dividend.
Can e-commerce offset lower foot traffic?
Investors should watch for names with value, technology, healthy balance sheets.
Despite the outbreak, we're not planning material changes to our fair value estimate and see several reasons why investors should remain optimistic.
We're planning to raise our fair value estimate and view Amazon as our top pick in online retail.
The wide-moat firm closed hundreds of stores in China, and we encourage investors to keep this name on their radars for coronavirus-related pullbacks.
Could dropping monthly fees be the upside catalyst the market is looking for?
10 reasons it's our top restaurant pick.
Easterbrook's departure is a surprise, but there is no change to our fair value estimate for the wide-moat firm, and we see shares as modestly undervalued.
The wide-moat firm remains our top pick in online retail, with the pullback offering an entry point to invest.
Efficiency plan and portfolio review are positives, but questions linger about the core business.
Our optimism is tempered by a market valuation that assumes unrealistic long-term expectations.
Our fair value estimate for the wide-moat firm remains intact, and shares are modestly undervalued.
Amid calls for tech breakups, should investors adopt alternative approaches to valuation?
A strong network effect makes for a wide moat for this 4-star stock.
We're more optimistic about its medium-term potential and have raised our fair value estimate.
We view Amazon as one of the most attractive names in online commerce.
Ahead of Amazon Prime Day, a look at the company's longer-term plans.
We're planning to increase our $2,200 fair value estimate for the wide-moat firm.
Here's what we'll be looking for when the company reports its first-quarter earnings.
We have confidence in our long-term forecast and see no changes to our fair value estimate for the narrow-moat firm.
We plan to raise our fair value estimate for the narrow-moat firm.
We're planning to increase to our fair value estimate and would wait for a more attractive entry point.
Potential catalysts in the pipeline reinforce our fair value estimate, and shares are undervalued.
We see potential for free cash flow growth from AWS, third-party sales, and Prime membership tiers.
The market's fixation on the wide-moat firm's near-term revenue is overshadowing its dynamic long-term cash flow model.
McDonald's fourth-quarter update solidified our view that the firm's technology investments are having a positive impact on sales.
Fourth-quarter results were a mixed bag, and we see shares as fairly valued.
The wide-moat coffee giant is one of the most attractive names in the restaurant industry today, and we see no change to our fair value estimate.
We expect globalization will be a key growth driver for the wide-moat company.
Management's initiatives in the U.S. and China help to reinforce our wide moat rating.