Articles for author: Russ Cohen

Russ Cohen

Best Momentum Stock to Buy for October 3rd

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 3rd: Gold Fields Limited GFI: This company which is one of the world’s largest unhedged gold producers with operating mines in South Africa, Ghana, and Australia, has a Zacks Rank #1 (Strong Buy), and witnessed the Zacks Consensus ...

Russ Cohen

Canaccord Genuity Maintains Tesla (TSLA) Buy Recommendation

Fintel reports that on July 3, 2023, Canaccord Genuity maintained coverage of Tesla (NASDAQ:TSLA) with a Buy recommendation. Analyst Price Forecast Suggests 29.45% Downside As of June 1, 2023, the average one-year price target for Tesla is 184.69. The forecasts range from a low of 24.58 to a high of $294.00. The average price target ...

Russ Cohen

Notable Thursday Option Activity: AAPL, RKLB, CRSP

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Apple Inc (Symbol: AAPL), where a total of 654,716 contracts have traded so far, representing approximately 65.5 million underlying shares. That amounts to about 108.8% of AAPL’s average daily trading volume over the past month of 60.2 million ...

Russ Cohen

Where Will UPS Be in 1 Year?

Key Points UPS won’t get anywhere near the 2026 targets laid out on its investor day presentation in 2024. Tariff uncertainty and overcapacity in the small package segment are weighing the company down. Management may need to reset investor expectations and address its capital allocation strategy. 10 stocks we like better than United Parcel Service ...

Russ Cohen

Why Lam Research Rocketed to All-Time Highs Today

Key Points OpenAI inked a massive deal with memory giants Samsung and SK Hynix. Intel may have landed AMD as a foundry customer. Both are highly bullish events for semiconductor investment, including Lam’s leading tools. 10 stocks we like better than Lam Research › Shares of etch and deposition chip equipment maker Lam Research (NASDAQ: ...

Russ Cohen

Why The Trade Desk Stock Fell 10.3% in September

Key Points August’s 37% plunge after a disappointing earnings report set a weak tone heading into September. Amazon announced it is partnering with Netflix to help marketers buy ads on the streaming service — a move that could undercut The Trade Desk and potentially take market share. In light of intensifying competition, the stock’s high ...