Morning Movers Gapping up $Tesla(TSLA.US)$Shares surged 7% as CEO Elon Musk confirmed that his $56 billion pay package and the proposal to relocate the company's incorporation to Texas were poised to pass in a shareholder vote. $Broadcom(AVGO.US)$Shares soared nearly 14% after the company reported earnings and revenue that exceeded expectations and announced a 10-for-1 stock split. Adjusted earnings per share for the fiscal s...
The landscape of U.S. equities is abuzz with anticipation as artificial intelligence (AI) cements its place as a transformative force in the technology sector. In a recent analysis by$Goldman Sachs(GS.US)$, optimism for AI integration remains robust, yet valuations steer clear of the vertiginous heights of previous market bubbles. Goldman Sachs' insights reveal that market-implied long-term growth expectations hav...
Corning's stagnant ROCE and capital employed indicate a mature business not reinvesting its earnings. The stock's 12% return in five years suggests awareness of these trends. A substantial change in ROCE and investment strategy is needed for it to be a multi-bagger.
Recent insider selling at Corning and lack of insider buying over the last year raises caution. The level of insider ownership suggests some alignment between management and smaller shareholders, but it's not particularly high. Caution is advised before buying Corning shares.