Bernstein

The number of companies reporting above-consensus earnings this season trails the one-year and five-year averages, according to Factset's Earnings Insight report for the week ended Jan. 19. That said, the IT sector is reporting the third highest year-over-year earnings growth among the 11...

Apple Inc. (NASDAQ: AAPL) shares have been trending sideways after an initial spike following the launch of the newest iPhone models in mid-September 2017. Given mixed views concerning the newest phones' ramp, Bernstein looked at data points from the Apple supply chain and their...

Bernstein named Mosaic Co (NYSE: MOS) as its top pick for 2018, and laid out its investment case. The Analyst Bernstein analyst Jonas Oxgaard reiterated his Outperform rating on shares and increased his price target from $33 to $44, suggesting 60 percent upside from current levels. The upward...

Some experts suggest some exposure to bitcoin in their portfolio -- even if it's just a 2 percent position. According to at least one Wall Street analyst, bitcoin has "no role" in asset allocation. The Thesis The price of bitcoin soared higher by more than 1,000 percent in 2017...

Analysts at Bernstein's bullish stance on BHP Billiton Limited (ADR) (NYSE: BHP) was based on the premise that the involvement of activist investor Elliott Management would bring in some of the necessary changes to the company. But Monday, the firm parted ways with its bullish stance after...

Analysts at Bernstein initiated coverage of Lowe's Companies, Inc. (NYSE: LOW) last February with a bearish stance, but nearly one year later the firm has three compelling reasons to turn bullish. The Analyst Bernstein's Brandon Fletcher upgraded Lowe's' stock from...

Shares of International Business Machines Corp. (NYSE: IBM) were trading lower by more than 4 percent Friday afternoon despite ending a 23-quarter streak of declining revenue in its fourth-quarter results. Here's what some of Wall Street's top analysts are saying after the print....

When investors think of a "studio," the first thought that might come to mind is a movie studio. But a video game publisher is very much a studio, and a compelling one that investors are underappreciating, according to Bernstein.  The Analyst Bernstein's Todd Juenger initiated...

The semiconductor space is off to a "fun start" to the new year with the Spectre and Meltdown exploits at front and center, according to Bernstein.  The Analyst Bernstein's Stacy Rasgon and three colleagues.  The Thesis The impact to PC workloads from software patches...

One analyst is impressed with the remarkable recovery in shares of Chinese e-commerce company Vipshop Holdings Ltd – ADR (NYSE: VIPS) since early December.  The Analyst Bernstein analyst Bhavtosh Vajpayee upgraded shares of Vipshop from Underperform to Outperform and increased his...

The world of payments is ripe for disruption, and Bernstein's Lisa Ellis recently outlined what she said are the top 10 disruptive forces in the payments business. There's much money to be made as the world transitions to the next era of payments, the analyst said.  “Entering...

After 2017 ended less eventfully than many expected for the health care industry, investors are now turning their attention to the business trends impacting the industry in the new year. In a new note, Bernstein analyst Lance Wilkes describes what he views as the three most important sector...

FedEx Corporation (NYSE: FDX) hit a new all-time high of $253.24 after the company handily exceeded Wall Street's expectations in its fiscal second quarter earnings report. Here is a summary of how some of the Street's top analysts responded to the print. Bank Of America: Solid Quarter...

Walt Disney Co (NYSE: DIS)'s pending acquisition of most of Twenty-First Century Fox Inc (NASDAQ: FOXA) is creating a lot of questions. Bernstein laid out five intriguing questions, one for each of the five days before Christmas, as investors continue to digest the deal. The Analyst Bernstein...

FedEx Corporation (NYSE: FDX) will close 2017 celebrating the underperformance of the competing U.S. Postal Service and the struggles of rival Amazon.com, Inc. (NASDAQ: AMZN). With a 30-percent run, the firm had a relatively good year — but perhaps only relatively. Bernstein is critical of...