The Biggest Loser: Synchrony Financial Tumbles 16%


Source: Blogs Barrons Stocks To WatchSynchrony Financial (SYF) tumbled to the bottom of the S&P 500 today after missing earnings forecasts by a wide margin thanks to a bigger-than-expected jump the amount of money set aside to cover bad loans.Synchrony Financial dropped 16% to $27.80, while the S&P 500 declined 02% to 2,384.20.Jefferies analyst John Hecht and team write … [Read more...]

The Hot Stock: Cerner Jumps 7.8%. Wait? What is Cerner?!?!


Source: Blogs Barrons Stocks To WatchCerner (CERN) soared to the top of the S&P 500 today after the health care information technology company reported better-than-expected earnings and revenue.Cerner gained 7.8% to $64.75 at 5:03 p.m. today, while the S&P 500 declined 0.2% to 2,384.20.Canaccord Genuity’s Richard Close and Brian Hoffman contend Cerner may be “re … [Read more...]

ExxonMobil: Curb Your Enthusiasm?


Source: Blogs Barrons Stocks To WatchShares of ExxonMobil (XOM) traded up as much as 1.5% this morning after the oil giant beat earnings forecasts. They’ve been coming in ever since.Exxon reported a profit of 95 cents a share, beating forecasts for 88 cents, on sales of $63.3 billion, missing forecasts for $66.4 billion.In a note released before the open this morning, Wells F … [Read more...]

Under Armour: It Ain’t Over ‘Til It’s Over!


Source: Blogs Barrons Stocks To WatchYesterday, shares of Under Armour (UAA) surged 9.9% as investors cheered its better-than-expected earnings. Baird’s Jonathan Komp and Benjamin Bray, however, note that the Bull-Bear debate around Under Armour is far from over. And remember, this is coming from a pair of bulls.So why do Komp and Bray warn investors not to make too much of y … [Read more...]

Cloud Peak Energy: Trump Giveth, Trump Taketh Away


Source: Blogs Barrons Stocks To WatchCloud Peak Energy (CLD) released earnings today, but that appeared almost secondary to the potential impact that President Donald J. Trump’s policies could have on its stock.It’s not that Cloud Peak’s numbers were any good. The coal miner reported a loss of 30 cents a share, missing analyst forecasts for a loss of about 3 cents a share. Bloom … [Read more...]

Starbucks: Never Going Back Again


Source: Blogs Barrons Stocks To WatchShares of Starbucks (SBUX) are tumbling today after the coffee purveyor met earnings forecasts but missed on sales and cut its full-year guidance.Starbucks reported a profit of 45 cents a share, in line with analyst estimates, on sales of $5.3 billion, below the Street consensus for $5.4 billion. Starbucks also said it would earn between … [Read more...]

Why American Airlines is Still Tanking…and Taking United and Delta With It


Source: Blogs Barrons Stocks To WatchYesterday, American Airlines (AAL) beat earnings forecasts, but that fact was ignored as the carrier announced a surprise pay hike for pilots and flight crew. Its shares tumbled 5.2%, and caused United Continental (UAL) and Delta Air Lines (DAL) to fall as well.Yesterday, I noted that JPMorgan’s Jamie Baker argued that American Airlines had p … [Read more...]

U.S. Steel: And the Cuts Keep Coming


Source: Blogs Barrons Stocks To WatchU.S. Steel (X) lost a quarter of its value on Wednesday when it reported a surprise loss, and while some analysts have tried to defend the company, others have thrown in the towel.Deustsche Bank, for instance, cut U.S. Steel to Hold from Buy yesterday, and today, Macquarie’s Aldo Mazzaferro slashed his rating to Underperform from Neutral, a m … [Read more...]

Tesla: It’s Not General Motors & Ford You Need to Worry About


Source: Blogs Barrons Stocks To WatchTesla’s (TSLA) has had a great run this year, thanks to making its delivery target for once and general investor optimism, and earnings set to be delivered on Wednesday. Can anything stop the Tesla juggernaut? Maybe it’s the competition, write Morgan Stanley analyst Adam Jonas and team.In a note today, Jonas offered some good news for inv … [Read more...]

Tesla: The Bears Just Won’t Let Go


Source: Blogs Barrons Stocks To WatchTesla (TSLA) has gained 43% this year, but if you expect that to make the bears throw in the towel on their gloom and doom, you’re sorely mistaken. In fact, they’re getting even more bearish.Case in point: JPMorgan’s Ryan Brinkman and team, who lowered their Tesla price target to $185 from $188, despite the recent gain. They explain why they’ … [Read more...]