Bernstein

Analysts at Bernstein no longer hold a bullish view on Harley-Davidson Inc (NYSE: HOG) given the belief that motorcycle demand in the United States is "in the throes of secular erosion." Bernstein's David Beckel downgraded Harley-Davidson's stock from Outperform to Market Perform...

Historically, home improvement retailers such as Home Depot Inc (NYSE: HD) and Lowe's Companies, Inc. (NYSE: LOW) do well when the housing market does well in terms of both volume and value of sales. Good News, But Bad Incidentally, an analyst suggested that the good news of home...

One of the benefits for U.S. gaming investors who own shares of Macau casino operators is that the government has limited the competition. Through 2020, only six operators are licensed to run casinos in Macau. Of the six license holders, only four are listed on major U.S. exchanges: Melco Resorts...

After a Morgan Stanley downgrade helped send China Unicom (Hong Kong) Limited (ADR) (NYSE: CHU) shares falling over 10 percent last week, Bernstein analyst Chris Lane believes now is the time to buy in on this dip. “We see no reason for any short-term pessimism. While we agree the stock has...

Following news of Amazon.com, Inc. (NASDAQ: AMZN) offering smart home consultations, Bernstein analyst Brandon Fletcher looked into the impact the move might have on Best Buy Co Inc (NYSE: BBY). “This morning news broke that Amazon launched free 45-minute smart home consultations in seven...

UnitedHealth Group Inc (NYSE: UNH) may be on the brink of acquiring health care and education consulting firm The Advisory Board Company (NASDAQ: ABCO), a move that could give UnitedHealth a major leg up on the competition. Reports have surfaced that UnitedHealth is working with private equity firm...

Analysts continue to like Paypal Holdings Inc. (NASDAQ: PYPL)'s future outlook as Bernstein analyst Lisa Ellis upgraded the stock to Outperform with a price target of $61, raised $15 from the previous target of $46. Ellis believes this is most likely the start of a long and strong positive run for...

QUALCOMM, Inc. (NASDAQ: QCOM) has thrown the latest punch in its ongoing battle with Apple Inc. (NASDAQ: AAPL). Just months after Apple sued Qualcomm for $1 billion, claiming the company has been “charging royalties for technologies they have nothing to do with,” Qualcomm has sued Apple...

The summer driving season is in full swing, but oil prices have not budged. A bearish undertone is evident in the crude oil space; after starting the year around mid-$50 levels, the "black gold" has come off significantly and is currently around the mid-$40 levels. Twin Downgrades Against this...

BHP Billiton Limited (ADR) (NYSE: BHP) was upgraded to Outperform by Bernstein on the strength of the Australian company’s core mining business. BHP has traded lower than its peers in recent months, but shares are poised to return to their “intrinsic value,” analyst Paul Gaitsaid...

As ransomware attacks affect A.P. Moller - Maersk A/S (OTC: AMKBY) container shipping business (the second largest in the world) and FedEx Corporation (NYSE: FDX), Bernstein analyst David Vernon sees an opportunity to capitalize on the trend. “Details on these events remain unclear, but these...

Amazon.com, Inc. (NASDAQ: AMZN)’s takeover bid for Whole Foods Market, Inc. (NASDAQ: WFM) sent grocery stocks tumbling, but it could be bad news for restaurant stocks as well. Following news of the Whole Foods buyout, a number of analysts discussed the potential for a pricing war in the...

The ongoing surge in e-commerce activity is directly correlated with the increase in demand for residential delivery of items bought online. Analysts at Bernstein took a deep dive look into what impact the e-commerce sector will have on parcel deliveries to consumers buying more items online today...

Bernstein said in a note Thursday the concern regarding Dollar Tree, Inc. (NASDAQ: DLTR) isn't Amazon.com, Inc. (NASDAQ: AMZN) but its own Family Dollar Stores. Like The Dollar Stores Analyst Brandon Fletcher clarified that he generally likes the dollar stores, as he views these stores as...

There are plenty of reasons for investors to love chip makers NVIDIA Corporation (NASDAQ: NVDA) and Advanced Micro Devices, Inc. (NASDAQ: AMD), such as their roles in the high-growth fields of gaming and artificial intelligence. But the exploding popularity of cryptocurrencies such as bitcoin and...