Modine Manufacturing remains a compelling Buy, thanks to its growing hyperscaler partnerships and growing global manufacturing capacity during the data center capex boom. As more advanced chips are released, we expect data center cooling and server liquid cooling systems to be increasingly vital during the next cloud super cycle. MOD's attractive investment thesis is also exemplified by its ability to finance their growth organically through Free Cash Flow generation, as observed in its stable balance sheet health.
'Fast Money' traders talks what to expect from big retail earnings this week including Walmart and Target.
Investors with an interest in Retail - Discount Stores stocks have likely encountered both Target (TGT) and Ross Stores (ROST). But which of these two stocks offers value investors a better bang for their buck right now?
Gerald Storch, Storch Advisors CEO, joins CNBC's 'Money Movers' to discuss the state of the consumer, what he's looking for in retail earnings this week, and more.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
This week, traders and investors might focus on three major companies—Lowe's, Target, and Nvidia—as they navigated a landscape shaped by inflation, shifting consumer preferences, and surging demand for artificial intelligence (AI).
As America's grocery king, Walmart sources a high share of its products from the US. Target, by contrast, relies more on merchandise that is often imported, such as apparel and housewares.
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Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Target (TGT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended October 2024.
Bank of America has downgraded its third-quarter sales forecast for Target Corp (NYSE:TGT) ahead of the retail giant's third-quarter earnings. BoE previously anticipated 2% year-on-year sales growth, but analysts now expect to see no top-line growth for the quarter.
Analysts are optimistic about Target, expecting $26B in revenue and a 9.5% YoY EPS growth, despite mixed top-line revisions. Target faced challenges with shrinkage, but recent efforts have shown improvement, contributing to a $500M efficiency gain. FY 2023 results were strong with a 50% YoY EPS increase and higher operating margins, though comparable sales were declining.