Tag Archives: STOCK

Buy This Stock to Bet on a Textbook Retail Turnaround

After years of being in the doghouse, Wall Street is finally buying what Gap (GPS) is selling. The company is the largest specialty retailer in the U.S., and has four main divisions: Old Navy, Banana Republic, Gap, and Athleta.

On May 31, the fashion retailer’s shares jumped more than 28% — the most since November 2023. This followed a blowout earnings report that showed a fashion overhaul by relatively new CEO Richard Dickson is working.

Dickson became known in the past few years as the main force behind the revitalization of the Barbie franchise for Mattel (MAT). Last August, he was brought on by Gap to turn its fortunes around.

His strategy is to introduce trendier styles across its brands, and ramp up marketing efforts to attract choosy shoppers. To do so, Dickson has embraced…


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GoDaddy (GDDY) is a Top-Ranked Growth Stock: Should You Buy?

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.

Why This 1 Growth Stock Should Be On Your Watchlist

Different than value or momentum investors, growth-oriented investors are concerned with a stock’s future prospects, and the overall financial health and strength of a company. Thus, they’ll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical…


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Wix.com (WIX) Stock Price Prediction: Is It a Buy? – 24/7 Wall St.

Investing

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Wix.com (NASDAQ: WIX)  is a cloud-based web development platform allows users to create mobile responsive websites using a simple drag and drop toolkit as well as web hosting and design services.

Customers raved about the easy of use of the product and the stock was a Wall Street darling during the covid lockdown and peaked in March 2021 at $342 per share. Over the next year, the stock plummeted 80% but has since recovered some ground, currently trading around $165.

Is Wix a Buy?

According to 20 Wall Street analysts, Wix.com has a consensus rating of “Moderate Buy,” with 50%…


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Rivian Stock Has Been on Fire. Is It Too Late to Buy?

The stock of Rivian Automotive(NASDAQ: RIVN) is jumping again on Monday. Shares of the electric vehicle (EV) maker popped as much as 12% in early trading today to start the week. That jump kept the momentum going for Rivian shares.

The stock has soared by more than 30% since mid-April. That move came after the company introduced its next-generation lineup of midsize electric SUVs in March and after a large funding grant from the State of Illinois Department of Commerce and Economic Opportunity. That grant will help Rivian save more than $2.25 billion in capital spending as it expands its Illinois factory to begin building the R2 vehicle platform it announced.

But another tailwind has investors pushing the stock higher today, too.

Looking at the EV landscape

Today’s pop came after reports…


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