Recent insider sell-offs at A. O. Smith Corporation may hint at a belief that shares are overvalued. There's a sense of caution stemming from more insider selling than buying over the past year. Still, high insider ownership could imply the company is operated with all shareholders in mind.
$Dow Jones Industrial Average (.DJI.US)$components Intel,$Microsoft (MSFT.US)$and Walmart all hit new 52-week highs on Wednesday, with Walmart trading all-time high levels back to when it first began trading on the New York Stock Exchange in August 1972. Microsoft all traded at all-time high levels not seen since its initial public offering in March, 1986. Meanwhile, 40 names in the S&P 500 also hit fresh 52-week highs, including$Amazon (AMZN.US)$,$Loews (L.US)$and ...
The market appears to have a higher perception of the business than it did five years ago despite the relatively low EPS growth. Recent improvements in the company's TSR compared to the five-year TSR might indicate business momentum.
TeslaSmurf
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UPGRADING Twitter ? With tons of bots and malfunction ? With decreasing profits (already very low) and the FALSE declaration in the SEC filing ? They may want to pump it a little higher, then sell it…
Gainers: •$Resolute Forest Products (RFP.US)$+65.7% (entered into an agreement under which Domtar will acquire all of the outstanding common shares of Resolute stock for $20.50 per share and one Contingent Value Right) •$Applied Molecular (AMTI.US)$+2.9% (to report top-line Phase 2 results from MARKET combination Trial of Oral AMT-101) •$Primoris Services (PRIM.US)$+2.1% (awarded a $170 mln project by Texas DOT) •$Biogen (BIIB.US)$+2.1% (Bi...
Greenback Stocks
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economy typically turns to tech to innovate out of slumps. but tech is being punished. what other tech can we rely? crypto! its been stable since August and we might see growth soon. keep eye on $Bitcoin (BTC.CC)$ and $Ethereum (ETH.CC)$ and lunac. $Terra (LUNA.CC)$ investing in crytpo will eventually turn around tech and our economy. mark cuban was right!
A.O. Smith Stock Forum
Meanwhile, 40 names in the S&P 500 also hit fresh 52-week highs, including $Amazon (AMZN.US)$ , $Loews (L.US)$ and ...
Gap Ups
1. $Oak Street Health (OSH.US)$ - down 24.4%
2. $Tata Motors (TTM.US)$ - down 2.6%
3. $Vale SA (VALE.US)$ - up 0.6%
4. $Warner Bros Discovery (WBD.US)$ - up 0.5%
5. $argenx SE (ARGX.US)$ - up 0.3%
Gap Downs
1. $Omega Healthcare Investors Inc (OHI.US)$ - down 2.4%
2. $Illumina (ILMN.US)$ - down 2....
In reaction to earnings/guidance:
• $Constellation Energy (CEG.US)$ +8.2%, $Walgreens Boots Alliance (WBA.US)$ +6.8%, $QuidelOrtho (QDEL.US)$ +6.7% (guides Q3 revs well above consensus), $Domino's Pizza (DPZ.US)$ +5.9%, $Delta Air Lines (DAL.US)$ +4.2%, $Commercial Metals (CMC.US)$ +3.5%, $Victoria's Secret (VSCO.US)$ +3.3%, $Taiwan Semiconductor (TSM.US)$ +2.6%
Other news:
• $Axsome Therapeutics (AXSM.US)$ +12.2% (trading h...
• $Theravance Biopharma (TBPH.US)$ +15.9% (TBPH to sell all of its units in Theravance Respiratory to RPRX for over $1.5 bln)
• $Amryt Pharma (AMYT.US)$ +11.9% (FDA grants Orphan Drug Designation to Mycapssa for the treatment of Carcinoid Syndrome)
• $Green Brick Partners (GRBK.US)$ +7.3% (to join S&P SmallCap 600)
• $TransGlobe Energy (TGA.US)$ +6.9% (Transglobe Energy to be acquired by VALLCO Energy (EGY) in stock-for-stock...
• $Advanced Micro Devices (AMD.US)$: BMO Capital Upgrades to Outperform from Market Perform - PT $115 (from $100)
• $Amphenol (APH.US)$ : JPMorgan Upgrades to Overweight from Neutral - PT $83
• $CDW Corp (CDW.US)$ : JPMorgan Upgrades to Overweight from Neutral - PT $200 (from $205)
• $Costco (COST.US)$: Deutsche Bank Upgrades to Buy from Hold - PT $579 (from $525)
• $New Oriental (EDU.US)$ : CICC Upgrades to Outperform from M...
• $Resolute Forest Products (RFP.US)$ +65.7% (entered into an agreement under which Domtar will acquire all of the outstanding common shares of Resolute stock for $20.50 per share and one Contingent Value Right)
• $Applied Molecular (AMTI.US)$ +2.9% (to report top-line Phase 2 results from MARKET combination Trial of Oral AMT-101)
• $Primoris Services (PRIM.US)$ +2.1% (awarded a $170 mln project by Texas DOT)
• $Biogen (BIIB.US)$ +2.1% (Bi...
• $A.O. Smith (AOS.US)$ : Longbow Research Upgrades to Buy from Neutral - PT $71
• $Callon Petroleum (CPE.US)$ : RBC Upgrades to Outperform from Sector Perform - PT $75
• $Dun & Bradstreet (DNB.US)$ : BofA Securities Upgrades to Neutral from Underperform - PT $17 (from $16)
• $Enanta Pharmaceuticals (ENTA.US)$ : Evercore ISI Upgrades to Outperform from In Line - PT $62 (from $39)
• $Corning (GLW.US)$ : CFRA Upgrades to Strong Buy ...
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