Strong discretionary consumer spending and realization of structural cost actions implemented during the pandemic have Goldman Sachs analysts bullish on these American branded consumer goods companies.
The Consumer Goods Analyst: Brooke Roach initiated coverage of the stocks with Buy ratings and the following price targets:
FibroGen, Inc. (NASDAQ: FGEN) has a key catalyst Thursday when FDA's Cardiovascular and Renal Drugs Advisory Committee will issue its recommendation on the company's new drug application for roxadustat.
The committee is scheduled to meet between 9:30 a.m. and 5:30 p.m.
In the second quarter, two of the biggest fears among investors were that wage growth and inflation would run too hot.
Heading into the third quarter, inflation remains well above historical norms, but there’s also a growing concern that GDP growth could disappoint and corporate earnings and guidance will start showing signs of peaking.
Tesla Inc (NASDAQ: TSLA) CEO Elon Musk-led high-speed, satellite-based internet service Starlink, a unit of SpaceX, could churn more than $20 billion of cash flow a year, provided it survives the early years, according to Cathie Wood-led Ark Investment Management.
As COVID-19 safety measures begin to slowly lift and more people are getting vaccinated, many industries are beginning to blossom. For the cannabis industry, in particular, this could mean an improved third quarter (compared to the second quarter) as restrictions began to ease in June, according to Cantor Fitzgerald’s Pablo Zuanic.
Tesla Inc (NASDAQ: TSLA) and Ford Motor Co (NYSE: F) will continue to face lower inventories for new vehicles due to the global chip and component shortages, Loup Ventures Managing Partner Gene Munster wrote in his latest no
Morgan Stanley analyst Hamza Fodderwala released a note on the cybersecurity industry Friday, highlighting his outlook on the industry as well as his top cybersecurity stock picks.
Biopharma stocks underperformed in the first half of 2021, and several of these stocks could be in for a rebound in the coming months.
Needham analyst Serge Belanger highlighted companies in the firm's coverage universe that have key catalysts in the third quarter.
The online dating market is poised to double by 2025, leading an RBC Capital Markets analyst to turn bullish on Bumble Inc (NASDAQ: BMBL) and Match Group, Inc (NASDAQ: MTCH).