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Market Insights: Key Earnings Misses, Analyst Upgrades, and Emerging Opportunities 📈

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Recent Headlines

Washington Trust Bancorp: Gapped Down but Analysts See Potential (4 minute read)
Washington Trust Bancorp shares opened lower after a gap down, despite beating earnings expectations with $0.64 EPS. Analysts have upgraded their target price, indicating potential for recovery.


Westlake Hits New Low: Mixed Analyst Opinions Ahead (5 minute read)
Westlake's stock reached a new 52-week low after reporting disappointing earnings. Analysts have mixed views, with some lowering their price targets while others maintain a hold rating.


KLA Co. Upgraded: Strong Earnings Report Boosts Stock Outlook (5 minute read)
KLA Co. reported $7.33 EPS, beating estimates. Following this, Oppenheimer upgraded the stock to 'outperform', reflecting confidence in the company's future performance.


Best Buy: Earnings Miss but Dividend Appeal Remains (6 minute read)
Best Buy's recent earnings report showed a slight miss with $1.26 EPS. Despite this, the company’s solid dividend yield of 4.29% may still attract long-term investors.


Target's Earnings Miss Sparks Analyst Revisions (5 minute read)
Target reported $1.85 EPS, falling short of estimates. Analysts adjusted their price targets, reflecting a cautious outlook on the retailer’s performance moving forward.


UnitedHealth Group: Institutional Interest Grows (5 minute read)
UnitedHealth Group saw a 29.1% increase in holdings by Lord Abbett & CO., indicating strong institutional confidence in the healthcare giant's ongoing performance.


CAVA Group: Strong Earnings Amid Insider Selling (5 minute read)
CAVA Group's recent earnings report exceeded expectations, leading to positive analyst ratings. However, insider selling raises questions about future performance.




Technical Analysis Results



Undervalued
NVS
Novartis AG
Volume: 1.2M shares | Price: $98.36

30 Day Performance
30-Day Price History

Technical Indicator Score: 88% Buy
Out of the 8 technical indicators that were used to analyze this stock, 7 indicated buy signals, 1 indicated a neutral signal.
RSI
Buy
MFI
Buy
WillR
Buy
AO
Hold
CCI
Buy
BBANDS
Buy
ULTOSC
Buy
STOCH
Buy

Recent Mentions of NVS

The Zacks Analyst Blog Mastercard, The Procter & Gamble, Novartis AG, IDT and GSI Technology
Mastercard, The Procter & Gamble, Novartis AG, IDT and GSI Technology are included in this Analyst Blog.

Top Stock Reports for Mastercard, Procter & Gamble & Novartis
Today's Research Daily features new research reports on 16 major stocks, including Mastercard Incorporated (MA), The Procter & Gamble Company (PG) and Novartis AG (NVS), as well as two micro-cap stocks, IDT Corporation (IDT) and GSI Technology, Inc. (GSIT).




Undervalued
UBER
Uber Technologies, Inc.
Volume: 46.7M shares | Price: $59.93

30 Day Performance
30-Day Price History

Technical Indicator Score: 88% Buy
Out of the 8 technical indicators that were used to analyze this stock, 7 indicated buy signals, 1 indicated a neutral signal.
RSI
Buy
MFI
Buy
WillR
Buy
AO
Buy
CCI
Buy
BBANDS
Buy
ULTOSC
Buy
STOCH
Hold

Recent Mentions of UBER

Flying car and self-driving vehicle makers are targeting a new city
The future of travel and technology is quickly unfolding in a city far from the U.S.

Uber Technologies, Inc.'s (NYSE:UBER) recent 9.3% pullback adds to one-year year losses, institutional owners may take drastic measures
Key Insights Institutions' substantial holdings in Uber Technologies implies that they have significant influence over...




Undervalued
CCI
Crown Castle Inc.
Volume: 3.6M shares | Price: $97.11

30 Day Performance
30-Day Price History

Technical Indicator Score: 88% Buy
Out of the 8 technical indicators that were used to analyze this stock, 7 indicated buy signals, 1 indicated a neutral signal.
RSI
Buy
MFI
Buy
WillR
Buy
AO
Buy
CCI
Buy
BBANDS
Buy
ULTOSC
Buy
STOCH
Hold

Recent Mentions of CCI

Why Is Crown Castle Inc. (CCI) Among the Best REIT Dividend Stocks to Buy for 2024?
We recently compiled a list of the 12 Best REIT Dividend Stocks To Buy for 2024. In this article, we are going to take a look at where Crown Castle Inc. (NYSE:CCI) stands against the other REIT dividend stocks. In the United States, real estate investment trusts (REITs) play a significant role in the real estate […]

3 Ultra-High-Yield Dividend Stocks You Can Buy and Hold for a Decade
Higher-yielding dividend stocks tend to be higher-risk investments.If they can navigate their issues, they can supply investors with a very lucrative income stream over the long term.Crown Castle (NYSE: CCI), EPR Properties (NYSE: EPR), and W. P. Carey (NYSE: WPC) currently stand out for their enticing dividend yields (all currently over 6%, which is significantly higher than the S&P 500's 1.2% yield).




Undervalued
WLK
Westlake Corporation
Volume: 545.8K shares | Price: $119.46

30 Day Performance
30-Day Price History

Technical Indicator Score: 88% Buy
Out of the 8 technical indicators that were used to analyze this stock, 7 indicated buy signals, 1 indicated a neutral signal.
RSI
Buy
MFI
Buy
WillR
Buy
AO
Buy
CCI
Buy
BBANDS
Buy
ULTOSC
Buy
STOCH
Hold

Recent Mentions of WLK

Westlake Corporation Appoints New Director to its Board
HOUSTON, December 10, 2024--Westlake Corporation (NYSE: WLK) today announced that Mr. Roger A. Cregg has been appointed to the company’s board of directors. Mr. Cregg succeeds Mr. Marius A. Haas who, as previously disclosed, informed the board that he intended to retire from the board effective upon the appointment of his successor. Mr. Haas’ retirement from the board was effective on December 10, 2024.

Westlake (WLK) Down 8.3% Since Last Earnings Report: Can It Rebound?
Westlake (WLK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.




Undervalued
XOM
Exxon Mobil Corporation
Volume: 12.0M shares | Price: $110.84

30 Day Performance
30-Day Price History

Technical Indicator Score: 75% Buy
Out of the 8 technical indicators that were used to analyze this stock, 6 indicated buy signals, 2 indicated neutral signals.
RSI
Buy
MFI
Buy
WillR
Buy
AO
Buy
CCI
Buy
BBANDS
Hold
ULTOSC
Hold
STOCH
Buy

Recent Mentions of XOM

ExxonMobil's Bold Plan Positions It to Produce Another $30 Billion in Annual Cash Flow by 2030
ExxonMobil (NYSE: XOM) is already the undisputed leader among international oil companies.The oil giant delivered industry-leading earnings, cash flow, and shareholder returns during the third quarter.It recently unveiled its new corporate plan to 2030, which would see it deliver significant incremental earnings and cash flow in the coming years.

House Committee Says It Finds Evidence of ‘Climate Cartel’
(Bloomberg) -- The House Judiciary Committee said it’s found “substantial evidence of collusion and anticompetitive behavior” by the financial industry to “impose radical ESG-goals” on US companies.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfCity Hall Is HiringAmerican Institute of Architects CEO ResignsLondon’s Tube Fares Are Set to Rise by 4.6% Next YearAn interim report published by the Republican-led committee said “a




Undervalued
LMT
Lockheed Martin Corp.
Volume: 901.5K shares | Price: $494.65

30 Day Performance
30-Day Price History

Technical Indicator Score: 75% Buy
Out of the 8 technical indicators that were used to analyze this stock, 6 indicated buy signals, 2 indicated neutral signals.
RSI
Buy
MFI
Buy
WillR
Buy
AO
Buy
CCI
Buy
BBANDS
Hold
ULTOSC
Hold
STOCH
Buy

Recent Mentions of LMT

Northrop Grumman Expands Its Share Repurchase Program by $3 Billion
NOC is set to expand its share repurchase program by $3 billion, bringing the total outstanding authorized amount to approximately $4.2 billion.

Here is What to Know Beyond Why Lockheed Martin Corporation (LMT) is a Trending Stock
Lockheed (LMT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.




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Technical Indicator Information

Relative Strength Index (RSI) | Period: 14 days | Overvalued threshold: 70 | Undervalued threshold: 30

Money Flow Index (MFI) | Period: 14 days | Overvalued threshold: 80 | Undervalued threshold: 20

Williams Percent Range (WillR) | Period: 14 days | Overvalued threshold: -20 | Undervalued threshold: -80

Aroon Oscillator (AO) | Period: 14 days | Overvalued threshold: 75 | Undervalued threshold: -75

Moving Average Convergence/Divergence (MACD) | Period: 26/12/9 days | Overvalued threshold: MACD crosses below MACD Signal | Undervalued threshold: MACD crosses above MACD Signal

Stochastic Oscillator (STOCH) | Period: 14/3/3 days | Overvalued threshold: %K crosses below %D above 80 | Undervalued threshold: %K crosses above %D below 20

Commodity Channel Index (CCI) | Period: 20 days | Overvalued threshold: 100 | Undervalued threshold: -100

Bollinger Bands (BBANDS) | Period: 20 days | Overvalued threshold: price >= upper band | Undervalued threshold: price <= lower band

Parabolic Stop and Reverse (SAR) | Period: variable 50 - 100 days | Overvalued threshold: SAR crosses above price | Undervalued threshold: SAR crosses below price

Triple Exponential Average (TRIX) | Period: 15 days | Overvalued threshold: TRIX crosses below 0 | Undervalued threshold: TRIX crosses above 0

Ultimate Oscillator (ULTOSC) | Period: 28/14/7 days | Overvalued threshold: 70 | Undervalued threshold: 30

Directional Movement Index (DMI) | Period: 14 days | Overvalued threshold: PlusDI crosses below MinusDI | Undervalued threshold: PlusDI crosses above MinusDI

Average Directional Index (ADX) | Period: variable 14 days | Requirement: >= 25

Analysis is only performed on securities with market caps in excess of $100 million and with daily trade volume in excess of $50 million.

Disclaimers

The information in our newsletter is not intended to constitute investment advice and is not designed to meet your personal financial situation. It is provided for information purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor or a group of investors. It should not be assumed that any investments in securities, companies, sectors or markets identified and described will be profitable. We strongly advise you to discuss your investment options with your financial advisor prior to making any investments, including whether any investment is suitable for your specific needs.

Although we obtain information contained in our newsletter from sources we believe to be reliable, we cannot guarantee its accuracy. The analysis provided in this newsletter is based on the prior trading day’s closing prices and may not reflect after-hours trading, earnings announcements, or other significant market events that occur outside regular trading hours. As such, any data or commentary may not fully capture the latest market movements or emerging factors. For the most current and comprehensive view, please consider additional sources or consult with a qualified financial professional.

The information provided in our newsletter is private, privileged, and confidential information, licensed for your sole individual use as a subscriber. We reserve all rights to the content of this newsletter. Forwarding, copying, disseminating, or distributing this newsletter in whole or in part, including substantial quotation of any portion the publication or any release of specific investment recommendations, is strictly prohibited.