The market's past confidence in Community Bank System may have been misplaced, given the slower EPS reduction compared to the annual share price drop. Last year's performance suggests unresolved issues, worse than the 3% half-decade annualized loss. Investors should ensure they're buying a high-quality business, even in favorable market conditions.
Despite significant insider buying, the EPS decline and the wide gap between the market performance and the share price slide suggest that investors remain cautious about Community Bank System's prospects.
Gainers: •$Innoviz Technologies (INVZ.US)$+18.7% (selected by "large automotive group manufacturer" to become its direct LiDAR supplier across multiple brands) •$Hilltop Holdings (HTH.US)$+15.7% (commenced a modified "Dutch auction" tender offer to purchase for cash up to $400 mln of its common stock at a price per share not less than $28,00 and not greater than $32.00 less any applicable withholding taxes and without interest usin...
18
3
2
Report
Dino 64
:
Nio is a pre market mover alright.....DOWN.
Stocks that are expected to benefit from a Federal Reserve rate cut. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in Fed Rate Cut Beneficiaries, ranked from highest to lowest based on real-time market data. Stocks that are expected to benefit from a Federal Reserve rate cut. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in Fed Rate Cut Beneficiaries, ranked from highest to lowest based on real-time market data.
Community Financial System Stock Forum
• $Innoviz Technologies (INVZ.US)$ +18.7% (selected by "large automotive group manufacturer" to become its direct LiDAR supplier across multiple brands)
• $Hilltop Holdings (HTH.US)$ +15.7% (commenced a modified "Dutch auction" tender offer to purchase for cash up to $400 mln of its common stock at a price per share not less than $28,00 and not greater than $32.00 less any applicable withholding taxes and without interest usin...
• $Accolade (ACCD.US)$ : Wells Fargo Upgrades to Equal Weight from Underweight - PT $6 (from $9)
• $Comerica (CMA.US)$ : Piper Sandler Upgrades to Overweight from Neutral - PT $94 (from $90)
• $New Oriental (EDU.US)$ : JPMorgan Upgrades to Neutral from Underweight - PT $14 (from $35)
• $EPAM Systems (EPAM.US)$ : Piper Sandler Upgrades to Overweight from Neutral - PT $348 (from $359)
• $Empire State Realty Trust Inc (ESRT.US)$ : Evercore ISI Upgrades to Outp...
No comment yet