Bernstein

The big two PC chipmakers, namely Intel Corporation (NASDAQ: INTC) and Advanced Micro Devices, Inc. (NASDAQ: AMD), are gearing up to release quarterly results in the coming days. A Bernstein analyst expressed uneasiness over the companies' prospects, with projections for structural...

Chipotle Mexican Grill, Inc. (NYSE: CMG)'s recently appointed CEO Brian Niccol and a handful of other executives will earn performance bonuses if the company achieves certain metrics. Assuming these objectives are realistic, a case can be made for notable upside in Chipotle's stock,...

Darden Restaurants, Inc. (NYSE: DRI) reported fiscal third-quarter results in late March in which revenue and same-store sales at its restaurant chains fell short of expectations. The corresponding sell-off in the stock should be seen as a buying opportunity for investors, according to...

IBM Common Stock (NYSE: IBM) traded lower by 7.5 percent on Wednesday and is on pace for its worst day of trading since 2013. Investors were disappointed with IBM’s sluggish growth numbers and could be throwing in the towel on the tech stock.  Several analysts have weighed in on the...

Netflix, Inc. (NASDAQ: NFLX) blew Wall Street’s expectations out of the water Monday when it reported first-quarter subscriber growth of 7.41 million, well above consensus estimates. Earnings guidance also came in higher than expectations. As a result, Netflix traded around $334.56 late...

Critiques of the Model 3 and Tesla Inc (NASDAQ: TSLA)’s consistent production target misses have been at the front of auto investors' minds.  The Rating Bernstein analysts Toni Sacconaghi Jr. and Max Warburton maintained a Market-Perform rating on Tesla with a $265 price target....

Cryptocurrency has grabbed headlines in the semiconductor world in the past year, as demand for GPUs from miners created a shortage in the market and prompted retailers to drive prices through the roof. Semiconductor stocks like Advanced Micro Devices, Inc. (NASDAQ: AMD) and NVIDIA Corporation (...

Discount broker earnings season is just around the corner, and several Wall Street analysts have weighed in on their favorite stocks before the important numbers come out. Overall, analysts seem bullish on discount brokers, but it’s still a stock picker’s game. William Blair’s...

Ahead of their earnings releases, Bernstein recommended pair trade in the institutional brokerage space on Tuesday: buying Goldman Sachs Group Inc (NYSE: GS) and selling Morgan Stanley (NYSE: MS). The Analyst Bernstein analyst Christian Bolu initiated coverage of Goldman with an Outperform...

In the event that a trade war between U.S. and China flares, how will American restaurant chains in China, like Yum China Holdings Inc (NYSE: YUMC), fare? Bernstein has a theory.  The Analyst Bernstein's Sara Senatore maintains a Market-Perform rating on Yum China's stock with an...

​Despite missing Street delivery estimates and exceeding production expectations, Tesla Inc (NASDAQ: TSLA) reiterated annual guidance on Model S and X deliveries and a second-quarter production target of 5,000 Model 3s per week. Not only that, but Tesla said it could achieve its goals without a...

On Tuesday, Tesla Inc (NASDAQ: TSLA) confidently outlined its 2018 objectives and its ability to achieve them without debt or equity raises. But Bernstein sees too many uncertainties to be convinced. The Rating Analyst Toni Sacconaghi Jr. maintained a Market-Perform rating on Tesla with a $265...

Walmart Inc (NYSE: WMT) reportedly wants to acquire online pharmacy PillPack but could have one notable obstacle in its way: competition from Amazon.com, Inc. (NASDAQ: AMZN). The Analyst Bernstein health care services analyst Lance Wilkes. The Thesis PillPack is an online pharmacy...

Intel Corporation (NASDAQ: INTC) stock tanked Monday following a report by Bloomberg that Apple Inc. (NASDAQ: AAPL) intends to start producing its own PC chips as soon as 2020. It didn’t take long for Wall Street to react to the latest threat to Intel’s business. Here’s a look at...

Chipotle Mexican Grill, Inc. (NYSE: CMG) announced Wednesday the resignation of Mark Crumpacker, the company's chief marketing and strategy officer. Considering the fast-casual chain’s underwhelming marketing efforts, the resignation isn't surprising. Last year, Bernstein analyst Sara...