Bernstein

Nike Inc (NYSE: NKE)'s brand sentiment in North America has been a contentious topic over the past few years, but a new Bernstein report affirms that the company is still ‘Best In Class.’ Despite increasing competition in the space, Bernstein analyst Jamie Merriman believes athletic...

The long-reigning internal combustion engine is soon to be deposed. “We believe that we are at an inflection point where we will begin to see mass market adoption of [battery electric vehicles (BEVs)], in particular,” Bernstein analysts Toni Sacconaghi Jr. and Mark Newman wrote in a...

Dollar Tree, Inc. (NASDAQ: DLTR) was upgraded by Bernstein Monday after analysts at the firm changed their viewpoint on the discount retailer and said they may have hesitated too long. While Dollar Tree is a “great retailer,” Bernstein initiated the company at Underperform due to...

There are limits to how much pricing power Amazon.com, Inc. (NASDAQ: AMZN) can wield if it tries to subsidize its grocery goods in order to crush its competitors the usual way, Bernstein analyst Brandon Fletcher believes. The Federal Trade Commission this week approved Amazon’s acquisition of...

Good news for your sweet tooth and your food portfolio: Cocoa’s getting cheaper. The price has fallen 37 percent since last summer and, based on Bernstein research, could continue to drop over the next few years. As cocoa comprises an estimated 10 to 15 percent of Hershey Co (NYSE: HSY)...

While Apple Inc. (NASDAQ: AAPL) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) are the two most notable smartphone operating system rivals, the latter understands how important it is to remain the preferred search engine on the iPhone, shelling out an estimated $3 billion to do so, according...

Rockwell Collins, Inc. (NYSE: COL) spiked as much as 12 percent in weekend futures trading on reports of a potential sale to United Technologies Corporation (NYSE: UTX), a deal analysts deem “plausible” considering the bidder’s past interest. Between Rockwell Collins’...

Bernstein said in a note on Thursday structural shifts in the retail environment could weigh on Dean Foods Co (NYSE: DF)'s stock, as emerging threat from hard discounters have led retailers such as Kroger Co (NYSE: KR) and Wal-Mart Stores Inc (NYSE: WMT) to compete more aggressively on...

Previewing second-quarter restaurant results, Bernstein said broader industry comps improved in the second quarter, as the gap between the food at home, or FAH, and Food Away from Home, or FAFH, inflation narrowed notably. The firm also noted that macro data relevant for the restaurant industry,...

With Sears Holding Corp (NASDAQ: SHLD) integrating its Kenmore product line with Amazon.com, Inc. (NASDAQ: AMZN), the home improvement space has suddenly shifted. Sears’ Kenmore appliances will now be sold on Amazon, and the line of Kenmore Smart appliances will be integrated with Amazon...

Bernstein analyst Bhavtosh Vajpayee continues to be one the biggest Baidu Inc (ADR) (NASDAQ: BIDU) bears, reiterating an Underperform rating and $152 price target, a 21 percent downside from Friday’s $188 open. The analyst reflected on recent conversations which saught to compare Baidu to...

International Business Machines Corp. (NYSE: IBM) will report its second-quarter earnings on July 18 after the close, but analysts are not expecting anything spectacular for investors. Bernstein analyst Toni Sacconaghi previewed the report, and reiterated a Market-Perform rating and $150 price...

In a note released Wednesday, Bernstein analyzed the footprint costs of airlines' and what airport costs mean for the margin gap between carriers. Airport Costs: Key Margin Differentiator Analyst David Vernon said where each individual airline flies is a key contributor to margin differentials...

Bernstein recently hosted its Future of Media Summit, which focused on the future of media, how the landscape is changing and the implications that those changes will have for investors. Analyst Todd Juenger attended the summit and summarized the key themes from the event in a new note. The...

Following a 14-percent pullback in shares of Shire PLC (ADR) (NASDAQ: SHPG) since May 26, Bernstein said it expects a rebound, although expressed skepticism regarding a sustained rally. Analyst Aaron Gal is of the view the hemophilia market is likely to come under long-term pressure. While data...