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Long-Running Bull Market With 'Compelling' Fundamentals Unlikely To Slip, Says Argus Analyst
Thursday, February 8, 2018 - 12:14pm | 367Read More...Market participants were beginning to feel uncomfortable with the extended rally that was ongoing since the end of the bear market in March 2009. When the major market gauges reversed course in late January, it didn't come as a surprise. Despite the recent sell-off, which intensified Feb. 5,...
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Argus On AMD's Earnings: Sustainable Growth Prospects Lead To Upgrade
Thursday, February 1, 2018 - 10:09am | 364Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD)'s fourth-quarter earnings report on Tuesday was compelling enough for Argus to turn bullish on the stock. The Analyst Argus' Jim Kelleher upgraded AMD's stock rating from Hold to Buy with an $18 price target. The Thesis AMD's earnings...
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Jabil Positioned For 'Years' Of Growth, Argus Says
Monday, December 18, 2017 - 1:02pm | 392Read More...Close on heels of the Thursday release of Jabil Inc (NYSE: JBL)'s fiscal first quarter results, an Argus analyst is expressing optimism about the electronic manufacturing services, or EMS, company. The Analyst Argus analyst Jim Kelleher upgraded shares of Jabil Circuit from Hold to Buy with...
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Argus Awaits A Better Entry Point For Thor Industries, Downgrades To Hold
Friday, December 8, 2017 - 10:16am | 355Read More...Thor Industries, Inc. (NYSE: THO)'s status as a leader in the recreational vehicles market, the case for buying the stock has come to an end, according to at least one Wall Street analyst. The Analyst Argus' Jim Kelleher downgraded Thor's stock from Buy to Hold. The Thesis Thor...
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Argus: Why 2018 Could Be A Banner Year For KLA-Tencor
Wednesday, November 29, 2017 - 3:31pm | 307Read More...KLA-Tencor Corp (NASDAQ: KLAC) reported earnings after the close Oct. 26. It managed to beat revenue and EPS expectations, but guidance fell below consensus. The Analyst Argus Research's Jim Kelleher initiated coverage of KLA-Tencor Corp with a Buy and $125 price target. The Thesis...
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Twitter, A Stock For The Highly Risk-Tolerant Investor
Friday, November 3, 2017 - 11:13am | 368Read More...Following an impressive third-quarter earnings report, Argus analyst Jim Kelleher upgraded Twitter Inc (NYSE: TWTR) from Hold to Buy. A combination of rising user engagement, earnings growth and 2018 revenue growth guidance are all reasons to like the stock, Keheller said in a Friday note. (...
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Nokia Shares Are A Buy, Just Not Right Now
Monday, October 30, 2017 - 3:15pm | 436Read More...Things are looking hairy for a 2017 Nokia Oyj (ADR) (NYSE: NOK), but just give it a few years. “We continue to believe that 5G will be a major boon for Nokia, given its global reach, advanced RAN technology, and long-developed scale efficiencies,” Argus analyst Jim Kelleher wrote in a...
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Microchip Technology Is Serving Fastest Growing Market In One Of The Hottest Sectors
Friday, October 6, 2017 - 9:11am | 482Read More...Argus issued a positive opinion on Microchip Technology Inc. (NASDAQ: MCHP), premised on the continued operating momentum, favorable valuation and its addressable market, which is growing faster than the overall semiconductor industry. As such, the firm initiated coverage of Microchip...
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When Bull Markets Die: What To Watch For, What Stocks Could Be The First To Get Hit
Monday, September 25, 2017 - 12:26pm | 984Read More...The current bull market is about 9 years old, having the honor of being the second longest since the end of World War II. While a bull market is one in which prices are expected to keep rising, technically, it is declared when asset prices rise over 20 percent from their lows. A bull market...
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Analyst Says Amazon Is Now An 'Essential' Portfolio Holding
Thursday, September 21, 2017 - 4:01pm | 350Read More...If it weren’t already, Argus Research is calling Amazon.com, Inc. (NASDAQ: AMZN) an "essential" holding. In what has turned out to be one of the most disruptive companies this millennium, this multi-industry juggernaut is a must in most portfolios according to Argus analyst Jim Kelleher....
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Intuit's Stock Is Still Enticing, Even After A Big 2-Year Run
Wednesday, September 20, 2017 - 10:00am | 348Read More...Argus said in a Wednesday note that Intuit Inc. (NASDAQ: INTU) shares continue to trade at attractive valuation despite a strong run the past two years. Accordingly, the firm initiated coverage of Intuit at Buy with a $165 price target. Analyst Jim Kelleher believes the rise of entrepreneurial...
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Lam Research On The Cusp Of Healthy Chip Industry Environment; Argus Initiates At Buy
Tuesday, September 12, 2017 - 11:06am | 375Read More...Argus initiated coverage of Lam Research Corporation (NASDAQ: LRCX) with a Buy rating and $196 price target for the shares, as it believes the company would benefit from demand growth for NAND and DRAM memory chips used in artificial intelligence, the Internet of Things, cloud computing and...
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Why NetApp Will Grow Its Top And Bottom Lines For At Least A Year, Potentially Longer
Monday, August 21, 2017 - 10:54am | 505Read More...Analysts at Argus turned bullish on NetApp Inc. (NASDAQ: NTAP) Monday amid a view that the company is now positioned for at least a year of revenue and earnings growth. The firm's Jim Kelleher upgraded NetApp's stock rating from Hold to Buy and set a $46 price target. After peaking north of...
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Twilio Reducing Its Reliance On Uber, And That's A Good Thing
Wednesday, August 16, 2017 - 12:39pm | 365Read More...Twilio Inc (NYSE: TWLO) cautioned investors in May that one of its biggest clients, Uber, is scaling back its relationship. The company's announcement sent the stock tumbling as Uber alone contributed 12 percent of its total revenue in the first quarter. However, Twilio's second-quarter earnings...
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Analyst: Nvidia's Sell-Off Was Overdone, Time To Establish Or Add To A Position
Monday, August 14, 2017 - 11:32am | 361Read More...NVIDIA Corporation (NASDAQ: NVDA) shares bounced 3.8 percent on Moday after a post-earnings sell-off took the stock significantly lower last week. According to Argus analyst Jim Kelleher, traders buying on the dip were making the right move. You wouldn’t know it by the way the stock reacted,...
















