Articles for author: Russ Cohen

Russ Cohen

PTC (PTC) Q4 2024 Earnings Call Transcript

Image source: The Motley Fool. PTC (NASDAQ: PTC)Q4 2024 Earnings CallNov 06, 2024, 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good afternoon, ladies and gentlemen, and thank you for standing by, and welcome to today’s PTC 2024 fourth quarter conference call. During this presentation, all parties will be ...

Russ Cohen

Should Investors Buy Weakness in These High-Growth Stocks?

The 2024 Q3 earnings season continues at a rapid pace, with a nice variety of companies delivering quarterly results daily. So far, several popular stocks, namely Advanced Micro Devices AMD and Eli Lilly LLY – have reported quarterly results, with the two seeing negative post-earnings reactions. But did the results warrant the knee-jerk reaction? Let’s ...

Russ Cohen

Transforming Business Through AI the Focus of ISG Digital Business Summit

November 13–15 event in Dallas will feature leaders with Keurig Dr Pepper, Johnson Controls, L’Oreal, PNC and more Leaders with Keurig Dr Pepper, Johnson Controls, L’Oreal, PNC and other companies will join the ISG Digital Business Summit, November 13–15, in Dallas to share strategies for leveraging generative AI (GenAI) and other new technologies to drive ...

Russ Cohen

Heightened Tensions Amid Election Drama Could Bolster Direxion's DFEN Fund

All eyes are focused on the upcoming U.S. presidential election, with several indicators suggesting a tight race between Vice President Kamala Harris and former President Donald J. Trump. However, a shocking poll result in Iowa may have significant implications for the race and thus for the broader geopolitical paradigm. According to pollster Ann Selzer of ...

Russ Cohen

New Strong Buy Stocks for November 6th

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Orla Mining Ltd. ORLA: This mining company has seen the Zacks Consensus Estimate for its current year earnings increasing 13.6% over the last 60 days. Orla Mining Ltd. Price and Consensus Orla Mining Ltd. price-consensus-chart | Orla Mining Ltd. Quote Swedbank ...

Russ Cohen

Reddit Overtakes Snap In Market Value After Election Day Rally

Reddit Inc RDDT has turned the tables on Snap Inc SNAP in social media rankings, climbing 12% on Election Day to reach a market cap of $21.5 billion, ahead of Snap’s $20.4 billion. This milestone is a striking achievement for Reddit, which, despite having one-fourth of Snap’s user base and revenue, has investors far more ...

Russ Cohen

Microsoft Stock Just Had Its Worst Day in Two Years. Is It a Buy Now?

Microsoft (NASDAQ: MSFT) fell 6.1% on Thursday, its worst session since Oct. 26, 2022, when the tech giant slipped 7.7%. Even after gaining 1% on Friday, Microsoft is up less than 8% year to date (YTD), heavily underperforming the S&P 500‘s 20.1% YTD gain. Here’s why Microsoft’s stellar results weren’t enough to impress investors but ...

Russ Cohen

GM Stock Hits 52-Week High on Blowout Q3: Hold or Lock Profits?

U.S. legacy automaker General Motors GM delivered stellar third-quarter results yesterday, which drove its shares to a 52-week high. The stock rose nearly 10%, marking its biggest daily percentage gain since 2020, as the company outpaced Wall Street’s expectations and raised its full-year 2024 guidance for the third time this year. GM stock is currently ...

Russ Cohen

1 Chart That Shows Why Tesla Is Still Overvalued

After a forgettable 2023, Tesla (NASDAQ: TSLA) finally scored some redemption in its third-quarter earnings report last week. The stock soared 22% in a single day on Thursday, its best one-day performance in years as it overcame tepid sales growth in its automotive division to post strong profit growth. Operating income jumped 54% to $2.7 ...