CA News and Press, CA Inc. From 06/30/24

2024-06-30 10:00:43 ET Summary We had rated BSR REIT as a buy in our initial coverage. The REIT has performed well and delivered great returns. We look at the REIT's Q1-2024 results and tell you why we are moving elsewhere. We rated BSR Real Estate Investment Trust...

2024-06-30 09:00:39 ET Summary US stock market breadth has been terrible. The extreme internal divergences are breaking historical records. Poor market currently constitutes a price signal of underlying fundamental imbalances that have been accumulating in the US economy. Poor...

2024-06-30 09:00:00 ET Summary Markets are near an all-time high, negating the relevance of the NFP report. Stock markets will close early on July 4 and 5 at 1 pm, minimizing the reaction to the June jobs report. Investors should expect job increases in government, healthcare,...

2024-06-30 09:00:00 ET Summary Head of Quantitative Strategies Steven Cress shares data-driven top 3 summer travel stocks. Royal Caribbean Cruise is highlighted for strong growth and profitability. Why United Airlines is a buy the dip opportunity. MGM Resorts' strong recov...

2024-06-30 08:31:54 ET Summary Microsoft's valuation is upgraded from "hold" to "buy" with a near-term target of $417.30 and a 2033 target of $1,099.90, implying 14.6% annual returns. The Company's growth is driven by its cloud business (Azure), and acquisitions like Activision-Bl...

2024-06-30 08:30:00 ET Summary Nvidia stock led the Magnificent Seven, delivering over 150% in total return YTD. Most of the Mag Seven outperformed the S&P 500 in the first half. Generative AI is also expected to strengthen the competitiveness of the biggest tech companies...

2024-06-30 07:00:00 ET Summary France's political instability, with extreme parties potentially gaining power, has caused significant market uncertainty and a drop in L'Air Liquide's share price. Despite the current volatility, L'Air Liquide maintains strong financial health, dive...

2024-06-30 05:27:17 ET Summary On May 6, 2024, ALLETE, Inc. announced its plan to be acquired by Canada Pension Plan (40%) and Global Infrastructure Partners ("GIP") (60%). BlackRock, Inc., already a 13.5% shareholder in ALLETE, is in the process of acquiring GIP, with close expec...

2024-06-30 04:20:26 ET Summary On the surface, Procter & Gamble's stock price appears very unattractive at the moment. Revenue growth rate is falling down as recent pricing initiatives roll over and with that, margins have likely peaked. The share price, however, already r...

2024-06-30 01:07:45 ET Summary Google stock has been getting downgraded due to "AI transition risks." In particular, some analysts think that the company's new AI Overviews will reduce Search revenue. Google Cloud is one of the most obvious businesses for monetizing AI, as it ...