When you look at a high-yield investment opportunity you need to look at the business behind the yield. After all, a yield is only as reliable as the business that supports it.
Independent Bank is set to buy Enterprise Bancorp, expanding its presence in lucrative Northern MA & Southern NH markets.
Hewlett Packard Enterprise has strong growth prospects, enabled by customers' adoption of its GreenLake and AI solutions. Revenue quality is also increasing with greater annualized revenue streams. HPE is trading at an attractive 30.6% discount to its peers. A higher annuity portion of revenues is a catalyst for multiple re-rating. A strong, multi-year breakout is imminent on the relative technicals after more than 2 years of consolidation after a sharp V-shaped recovery from support levels.
Enterprise software is a hot ticket these days.
I am upgrading Enterprise Products Partners to a Strong Buy due to recent insider purchases and the favorable outcome of the U.S. presidential election. Co-CEO A.J. Teague's latest purchases were made at the end of August's near a price of $29. EPD's current price is only about 10% higher, and has not nearly priced in the new catalysts since then.
Shares of Hewlett Packard Enterprise (HPE 11.48%) rose more than 11% on Friday, following the release of robust fiscal fourth-quarter results. By 2:50 p.m.
Analysts at Citigroup upgrade shares of HPE to Buy from Neutral.
Hewlett Packard Enterprise (HPE) shares popped after the company's better-than-expected fiscal fourth-quarter results drew price target bumps from analysts.
Hewlett Packard Enterprise Company HPE reported better-than-expected financial results for its fourth quarter on Thursday.
The combination of a new interest rate cut cycle and a swelling stock market will set up a fertile environment for more mergers and acquisitions in 2025. Lower interest rates will make financing the buyouts cheaper, while a rising stock market will enhance the buying power of acquirers using their stock in the transactions.
Hewlett Packard Enterprise (HPE) delivered fiscal fourth-quarter earnings that beat analysts' expectations, driven by growth in server revenue.
Hewlett Packard Enterprise beat Wall Street expectations for fourth-quarter revenue and profit on Thursday, as it benefits from strong demand for its servers used to power artificial intelligence applications.