Sei Investments Co. cut its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by 1.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,017,024 shares of the company’s stock after selling 389,478 shares during the period. Vanguard FTSE
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How did Microsoft (NASDAQ:MSFT) stock earn its membership among the “Magnificent Seven” club of technology giants? Of course, it has something to do with Microsoft gaining an early and strong foothold in the field of generative artificial intelligence. Even after MSFT stock spent much of 2023 moving higher, it still earns an “A” grade and should continue
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With its sales slumping, margins declining, and competitive advantage deteriorating, now is not the time to buy Tesla (NASDAQ:TSLA) stock. Despite CEO Elon Musk’s cult-like following among retail investors, Tesla is not in a good position. Demand for EVs is waning, and Tesla slashed prices. This has led to declining profit margins at a critical
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Applied Materials (NASDAQ:AMAT – Free Report) had its price objective boosted by TD Cowen from $160.00 to $165.00 in a report published on Friday morning, MarketBeat reports. The firm currently has an outperform rating on the manufacturing equipment provider’s stock. AMAT has been the topic of several other reports. Berenberg Bank increased their price objective
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In an ever-evolving stock market, certain companies stand out as disruptive forces. They are promising exponential returns through the potential of reshaping industries. This article dissects three companies poised to revolutionize their respective sectors by delving into the markets of underbanked, technology-driven enterprise solutions and innovative packaging. Each entity employs unique strategies to tap into
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Agilent Technologies (NYSE:A – Get Free Report) issued an update on its FY 2024 earnings guidance on Monday morning. The company provided EPS guidance of $5.44-$5.55 for the period, compared to the consensus EPS estimate of $5.41. The company issued revenue guidance of $6.71 billion-$6.81 billion, compared to the consensus revenue estimate of $6.82 billion.
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Screening for stocks with low price-to-earnings ratios is a great place to start when looking for value stocks, but your search for low P/E value stocks should not end there. That is, it’s not as if you can screen for the stocks with the lowest P/E ratios, purchase them, and expect to generate outsized returns.
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Editor’s note: “This New AI Chatbot Is Ushering In Nvidia’s End” was previously published in earlier in November 2023. It has since been updated to include the most relevant information available. The world’s richest man just unveiled his own AI chatbot. And it may present an existential threat to the world’s most powerful AI company. 
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Shares of PrairieSky Royalty Ltd. (TSE:PSK – Get Free Report) have been given an average rating of “Hold” by the seven analysts that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target
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Investors are showing signs of shifting from growth stocks to income or value-focused investments amid concerns about higher interest rates. The 10-year Treasury note reaching 5% is prompting a risk-off approach. Inflation persists, and corporate results, along with rising bond yields and geopolitical tensions, are pressuring markets downward.  Several formerly high-flying growth stocks may face
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Manufacturing stocks are often considered bellwethers for economic shifts and offer unique investment opportunities. As manufacturing activity typically precedes broader market trends, it’s perhaps a more opportune moment to consider undervalued manufacturing stocks. This earnings season has brought encouraging news for the sector, with rising earnings and a promising future outlook. Consequently, investors are looking
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Tesla (NASDAQ:TSLA) reported fairly dismal third-quarter results. Worse, the automaker looks poised to continue losing significant market share in both the U.S. and China. Meanwhile, the valuation of TSLA stock remains very high. Not helping, the firm also faces meaningful regulatory threats. Given these points, I believe that investors should sell TSLA stock at this
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StockNews.com started coverage on shares of GigaMedia (NASDAQ:GIGM – Free Report) in a research note published on Thursday. The brokerage issued a sell rating on the technology company’s stock. GigaMedia Stock Down 1.8 % Shares of NASDAQ:GIGM opened at $1.38 on Thursday. The company has a market capitalization of $15.19 million, a price-to-earnings ratio of
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Despite market optimism surrounding the Fed’s potential rate cut, some, like these telecom stocks to sell, have sunk to dangerous levels. One of the industries that got our attention is telecommunications. The S&P Telecom Select Industry Index has grossly underperformed YTD, returning -13.84% to investors. This index includes the three major telecom companies, Verizon (NYSE:VZ),
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