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The meta drop gives a false picture of returns. We are increasing our price target


The meta drop gives a false picture of returns. We are increasing our price target

Don't let the after-hours market action fool you, Meta Platforms delivered a really strong third quarter and a current quarter revenue report that was above expectations. Revenue rose nearly 19% year-on-year to $40.59 billion in the three months ended Sept. 30, beating expectations of $40.29 billion, according to analyst estimates compiled by LSEG. Third-quarter earnings […]

The decline in AMD's post-earnings numbers presents a buying opportunity. Here's why


The decline in AMD's post-earnings numbers presents a buying opportunity. Here's why

Advanced Micro Devices reported solid third-quarter results on Tuesday, thanks to strong sales in the data center and PC markets. However, shares fell more than 7% in extended trading as investors sought faster growth in the AI ​​chip business. We think long-term here. LSEG said revenue rose 18% year-on-year to $6.82 billion in the three […]

We are increasing our price target for Costco after another stable quarter confirms our thesis


We are increasing our price target for Costco after another stable quarter confirms our thesis

Costco reported lackluster quarterly results on Thursday, with a small decline in sales more than offset by strong profitability and a rise in profits. The report didn't blow us away, but it still gave us plenty of reminders of why Costco investors should stick around. Total revenue in the fourth quarter of fiscal 2024 was […]