Barron's Weekend Stock Picks: O'Reilly Automotive, Charter Communications and China Stocks Rise
Benzinga reviews this weekend's top stories covered by Barron's. Here are the articles investors need to read.
"This auto stock has outperformed Apple since 2021. What You Need to Know," by Teresa Rivas, notes that auto parts retailer O'Reilly Automotive ORLY has outperformed consensus estimates after announcing strong first quarter earnings last week. Praising the company's stock, Rivas says high vehicle prices, combined with an uncertain economy, have forced many Americans to spend their money on car repairs rather than new rides.
In "Top Financial Group, Hong Kong Shares Soar on Nasdaq, Like in Meme-Stock Era", Karishma Vanjani writes that several Chinese stocks, including Top Financial Group trading platform TOP, company Magic Empire financial services company MEGL and wealth management platform AGBA Group Holding AGBA, oddly enough, have seen a huge spike recently, bringing flashbacks of the stock craze even two years ago.
See also: If you had invested $100 in Pepe Coin on April 17th, this is how much you would have today
In "Charter Earnings Missed Estimates. Why The Stock Is Rising", Emily Dattilo writes that Charter Communications CHTR has reason to be excited despite the release of unresponsive first quarter results expectations to. The company recorded revenue of $13.65 billion, up 3.4% from the previous year, and added nearly double the number of residential mobile lines it had installed the previous year.
"First Solar Stock on pace for worst decline since 2020. There's still room for hope" by Angela Palumbo points out that solar panel maker First Solar FSLR has announced disappointing first-quarter earnings and revenue, but hopes the recently enacted Inflation Reduction Act will continue to help boost the company's sales.
"How Activist Investors Target Companies in a Choppy Market" by Carleton English warns that some companies should be cautious of activists, who have previously targeted large-cap companies such as Walt Disney DIS and Salesforce GRC.
Read next: Here are the best sector ETFs and top sector stocks moving in April
Photo: Shutterstock
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga reviews this weekend's top stories covered by Barron's. Here are the articles investors need to read.
"This auto stock has outperformed Apple since 2021. What You Need to Know," by Teresa Rivas, notes that auto parts retailer O'Reilly Automotive ORLY has outperformed consensus estimates after announcing strong first quarter earnings last week. Praising the company's stock, Rivas says high vehicle prices, combined with an uncertain economy, have forced many Americans to spend their money on car repairs rather than new rides.
In "Top Financial Group, Hong Kong Shares Soar on Nasdaq, Like in Meme-Stock Era", Karishma Vanjani writes that several Chinese stocks, including Top Financial Group trading platform TOP, company Magic Empire financial services company MEGL and wealth management platform AGBA Group Holding AGBA, oddly enough, have seen a huge spike recently, bringing flashbacks of the stock craze even two years ago.
See also: If you had invested $100 in Pepe Coin on April 17th, this is how much you would have today
In "Charter Earnings Missed Estimates. Why The Stock Is Rising", Emily Dattilo writes that Charter Communications CHTR has reason to be excited despite the release of unresponsive first quarter results expectations to. The company recorded revenue of $13.65 billion, up 3.4% from the previous year, and added nearly double the number of residential mobile lines it had installed the previous year.
"First Solar Stock on pace for worst decline since 2020. There's still room for hope" by Angela Palumbo points out that solar panel maker First Solar FSLR has announced disappointing first-quarter earnings and revenue, but hopes the recently enacted Inflation Reduction Act will continue to help boost the company's sales.
"How Activist Investors Target Companies in a Choppy Market" by Carleton English warns that some companies should be cautious of activists, who have previously targeted large-cap companies such as Walt Disney DIS and Salesforce GRC.
Read next: Here are the best sector ETFs and top sector stocks moving in April
Photo: Shutterstock
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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