While earnings per share came in stronger than expected, the highlight of results was a net interest income beat of $1 billion.
We maintain our $280 fair value estimate and await more details about the new service.
The company delivered strong results with medical insurance operations growing faster on the bottom line than anticipated.
Whether Kroger could extend its advantages to Albertsons depends to a large degree on the extent to which regulators force divestitures in certain markets.
Currency losses and flows that missed our forecast led to a worse third quarter than expected.
We continue to view all three narrow-moat firms’ stocks as attractive.
The new shock may further dampen sentiment, but our long-term outlook remains positive.
We are reducing our fair value estimate for narrow-moat AMD to $115 per share.
Changes to current federal law could allow U.S. cannabis operators to pay lower taxes, access traditional banking services, and list on major stock exchanges.
We are raising our valuation of Twitter as the likelihood of either side now stepping away from the transaction is minimal.
The electric vehicle maker’s stock fell as much as 8% on Monday.
We foresee few regulatory impediments to the $1.2 billion deal, which is set to occur during 2023′s first quarter.
Concerns about a return to consistent profitability should ease in 2023.
We believe CarMax’s results will recover rapidly once pricing normalizes.
We believe the worst of the wide-moat company’s inventory issues has passed.
Biogen’s neurology-focused portfolio and pipeline continue to support a wide economic moat.
Porsche preferred shares expected to start trading on Sept. 29. We’re maintaining our Volkswagen fair value estimate of $33.
We estimate that our forecast adjustments could reduce our fair value estimate.
Company faces stiff competition, and we continue to be more cautious about its long-term potential.
Fair value estimate cut to $25.50 on rising expenses, but we maintain our positive view on the company.
We are maintaining our $130 fair value estimate, and see shares as overvalued.
We plan to maintain our $8 fair value estimate.
Long-term investors should begin to find Nvidia stock attractive.
Networking, storage, and broadband business units have proved resilient.
We maintain our Exemplary capital allocation rating for the wide-moat stock.
Cisco faces greater competition in new models of networking, but we expect it to retain its leadership.
While shares are trading at a discount continued volatility may create a ``more attractive entry point.”
Recent results and debt reduction have put the department store on solid footing.
Supply constraints continue to dictate Cisco’s results in a robust demand environment.
Fair value estimate of $138 should not change significantly following results.
Results beat expectations, but shares now trade at a roughly 25% premium to fair value estimate.
No significant change expected to Coinbase stock’s fair value estimate of $110.
Reducing Roblox stock fair value estimate to $75 from $80, but shares are significantly undervalued.
Maintaining $170 fair value estimate for Disney stock; shares undervalued.
Raising fair value estimate to $27 from $20 on expected revenue gains, Inflation Reduction Act incentives.
We had been anticipating a slowdown in the gaming segment following the crash in cryptocurrency prices and associated mining demand.
Fair value estimate on stock of $535,000 unchanged, shares seen as `modestly undervalued’
We expect a modest cut to Warner Bros. Discovery fair value estimate, but we still think the stock is undervalued.
Shares fell on news that streaming losses widened; Paramount’s stock is now significantly undervalued.
It was generally a rough day for energy stocks.
AMD stock trades at an attractive 25% discount relative to our $130 fair value estimate.
We do not expect major changes to our fair value estimate.
Fair value estimate on stock, no-moat rating both remain unchanged.
Fair value estimate on stock unchanged after incorporating latest results.
Company expected to benefit in coming years from pricing power, brand recognition, and strengthening demand for cold drinks.
We expect to trim Airbnb stock fair value estimate from $116.
We continue to believe PayPal’s stock is materially undervalued with $135 fair value estimate.
Shares of the food delivery company are now trading in 5-star territory.
Material changes to SoFi stock’s $15 fair value estimate aren’t expected.
Maintaining $73 far value estimate on Uber stock; shares undervalued.