Here are Wednesday’s biggest calls on Wall Street: RBC upgrades Estee Lauder$Estee Lauder (EL.US)$to outperform from sector perform RBC said it sees an attractive risk/reward. “We are upgrading EL shares to Outperform. At this point, we believe EPS and investor sentiment have troughed and believe the risk-to-reward profile skews favorable.” Morgan Stanley reiterates Tesla$Tesla (TSLA.US)$as overweight Morgan Sta...
Macquarie's Chad Beynon sees potential upside for movie-theater stocks in H2 2024, despite challenges. He believes Imax and Cinemark are undervalued with potential for growth, but AMC needs to demonstrate margin improvement.
Justin Brewer
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Of course Hedgie Shortie SHILL Chad Beynon is ripping on AMC… since it’s primarily owned by retail investors. How much are Little Kenny G and the Hedgie Shortie Market Manipulators playing you to lie like Andrew Left, CHAD?
The declining trend of ROCE and stagnant capital in IMAX implies a mature, slow-growth business. Unless metrics improve, other options should be considered.
The current declining trend of ROCE and stagnant capital employed in IMAX points to a mature business with minimal growth in the past five years. Unless these metrics shift positively, consider other options.
Given the declining trend of ROCE and stagnant capital employed in IMAX, suggesting a mature business with minimal growth. Unless there's a positive shift, consider other options.
Given IMAX's ROCE decreasing trend and stagnant capital employed, signals a mature, low-growth business over the past five years. Unless metrics positively shift, consider other options.
IMAX CEO Richard Gelfond regards the concert film as a significant occurrence in cinema history due to its unique demand and influence on the theatrical release timetable. This could represent a new opportunity for other artists, assuming they can fund their own promotional efforts.
Pre-Market Stock Movers Gapping up $Align Technology (ALGN.US)$ (The orthodontics company surged 14% after posting adjusted earnings late Wednesday of $2.22 per share for the second quarter, beating estimates of $2.03 per share, according to Refinitiv. Revenue for the quarter also topped estimates, and revenue guidance for the year was above analyst expectations.) $Meta Platforms (META.US)$ (The Facebook parent jumped ne...
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RBC upgrades Estee Lauder $Estee Lauder (EL.US)$ to outperform from sector perform
RBC said it sees an attractive risk/reward.
“We are upgrading EL shares to Outperform. At this point, we believe EPS and investor sentiment have troughed and believe the risk-to-reward profile skews favorable.”
Morgan Stanley reiterates Tesla $Tesla (TSLA.US)$ as overweight
Morgan Sta...
Gapping up
$Align Technology (ALGN.US)$
(The orthodontics company surged 14% after posting adjusted earnings late Wednesday of $2.22 per share for the second quarter, beating estimates of $2.03 per share, according to Refinitiv. Revenue for the quarter also topped estimates, and revenue guidance for the year was above analyst expectations.)
$Meta Platforms (META.US)$
(The Facebook parent jumped ne...
No comment yet