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Chris Markoch, Editor & Contributing Author at MarketBeat

Articles by Chris Markoch - Page 29

Should You Buy Uber or Lyft After a Judge Shot Down Proposition 22?
August 30, 2021 10:00 AM ET

Should You Buy Uber or Lyft After a Judge Shot Down Proposition 22?

Chris Markoch

Investors are still deciding what to do with Uber and Lyft stocks after a California judge struck down Proposition 22. The case could take years to sort out. With that in mind, LYFT may be the better buy in the long term. But in the short term, UBER looks like it has a more promising setup and valuation, particularly due to its food delivery service.  

NYSE:UBER
Read Should You Buy Uber or Lyft After a Judge Shot Down Proposition 22?
Bulls and Bears Alike Need a Reality Check on Peloton Stock
August 27, 2021 10:00 AM ET

Bulls and Bears Alike Need a Reality Check on Peloton Stock

Chris Markoch

Peloton looks like a falling knife after disappointing earnings. But this appears to be a case of a stock trying to find a price that accurately reflects the growth opportunity for the company.

NASDAQ:PTON
Read Bulls and Bears Alike Need a Reality Check on Peloton Stock
The Third Time Appears to Be the Charm For Workday
August 27, 2021 8:00 AM ET

The Third Time Appears to Be the Charm For Workday

Chris Markoch

After WDAY stock failed to do much after two strong earnings reports, it appears that the third time is the charm for Workday. In early trading after the company’s August 26 earnings report, WDAY stock shot up just over 9%. And this was on top of the 6% increase the stock enjoyed in the week prior to earnings.  

NASDAQ:WKDNASDAQ:AMZN
Read The Third Time Appears to Be the Charm For Workday
Expect a Break to the Upside for Medtronic Stock
August 26, 2021 10:10 AM ET

Expect a Break to the Upside for Medtronic Stock

Chris Markoch

Medtronic (NYSE: MDT) delivered a double beat on its quarterly earnings call, but after the stock charged ahead on the day of the report, it’s been trading in a range on a significantly lighter volume.

NYSE:MDT
Read Expect a Break to the Upside for Medtronic Stock
Investors Are Getting a Gift With the Dip in Dollar General
August 26, 2021 10:00 AM ET

Investors Are Getting a Gift With the Dip in Dollar General

Chris Markoch

Shares of Dollar General (NYSE: DG) are down 7% in early trading after the company delivered its second-quarter earnings report. However, based on recent analyst sentiment as well as the general state of the economy, I perceive this to be an overreaction that investors can use as a buy-the-dip opportunity. 

NYSE:DG
Read Investors Are Getting a Gift With the Dip in Dollar General
After Impressive Earnings, Foot Locker is in Need of a Kick Start
August 24, 2021 9:00 AM ET

After Impressive Earnings, Foot Locker is in Need of a Kick Start

Chris Markoch

Foot Locker stock gapped up after a stronger than expected earnings report. However, supply chain concerns are preventing FL stock from pushing past a level of resistance.

NYSE:FLNYSE:NKE
Read After Impressive Earnings, Foot Locker is in Need of a Kick Start
So Far Bath & Body Works Stock is Showing No Separation Anxiety
August 20, 2021 5:00 AM ET

So Far Bath & Body Works Stock is Showing No Separation Anxiety

Chris Markoch

BBWI stock is now soaring back towards its 52-week high after the company delivered a stellar earnings report. This removed uncertainty about the company's recent separation from Victoria's Secret. However, potential headwinds in the retail sector may provide a test in future quarters.

NYSE:BBWI
Read So Far Bath & Body Works Stock is Showing No Separation Anxiety
The 10 Most Upgraded Stocks by Wall Street Analysts in August 2021
August 19, 2021 3:00 AM ET

The 10 Most Upgraded Stocks by Wall Street Analysts in August 2021

Chris Markoch

An analyst upgrade does not guarantee a stock’s future performance. However, they carry significant weight because analysts have insights that can be difficult for retail investors to access. With that in mind, here are the 10 most upgraded stocks that have received the most upgrades (or have had their price target increased) by Wall Street analysts on MarketBeat in August 2021:

NYSE:CMGNYSE:SNAPNASDAQ:AAPL
Read The 10 Most Upgraded Stocks by Wall Street Analysts in August 2021
SmileDirectClub Is Only For the Most Risk-Tolerant Investors
August 18, 2021 8:00 AM ET

SmileDirectClub Is Only For the Most Risk-Tolerant Investors

Chris Markoch

With a range of outcomes possible, SmileDirectClub is only a buy for risk-tolerant investors. However, if SDC stock has found a floor, investors may benefit from what appears to be, at least, a slight overreaction to its earnings report.  

NASDAQ:SDC
Read SmileDirectClub Is Only For the Most Risk-Tolerant Investors
Investors Must Hope the Third Time is the Charm for XpresSpa Group
August 18, 2021 3:00 AM ET

Investors Must Hope the Third Time is the Charm for XpresSpa Group

Chris Markoch

After two attempts at establishing itself as a health and wellness brand for the busy traveler, XpresSpa is hoping that a new subscriber-based wellness service will be enough to give the stock a lift. However, XSPA stock remains an investment for only the most risk-tolerant investors.

NASDAQ:XSPA
Read Investors Must Hope the Third Time is the Charm for XpresSpa Group
Romeo Power Won’t Break the Heart of Speculative Investors
August 17, 2021 9:00 AM ET

Romeo Power Won’t Break the Heart of Speculative Investors

Chris Markoch

Shares of Romeo Power (NYSE: RMO) dropped over 11% after the company delivered a disappointing earnings report. The company was already projecting slower revenue growth due to the global chip shortage.

NYSE:RMO
Read Romeo Power Won’t Break the Heart of Speculative Investors
Barrick Gold Can Be a Hedge If Inflation Isn’t the Worst Case Scenario
August 16, 2021 7:00 AM ET

Barrick Gold Can Be a Hedge If Inflation Isn’t the Worst Case Scenario

Chris Markoch

It’s been a week since Barrick Gold reported earnings and GOLD stock has barely moved. In fact, GOLD stock is down 17.5% in 2021 despite turning positive briefly in May. But with the mining stock trailing gold by almost a 3:1 ratio, it's fair to start asking if GOLD stock is being oversold.

NYSE:GOL
Read Barrick Gold Can Be a Hedge If Inflation Isn’t the Worst Case Scenario
If You’re Holding Inovio Stock, You Better Have Diamond Hands
August 16, 2021 4:00 AM ET

If You’re Holding Inovio Stock, You Better Have Diamond Hands

Chris Markoch

Inovio stock is essentially flat for the year, and yet INO stockholders have been taken on a wild ride for much longer than that. INO stock has a few potential catalysts that all contain a heightened risk premium which requires investors to have extraordinary patience.

NYSE:PFENASDAQ:MRNANYSE:INO
Read If You’re Holding Inovio Stock, You Better Have Diamond Hands
The Trade Desk Wants Investors to Take a Ride On the Open Internet
August 13, 2021 4:07 AM ET

The Trade Desk Wants Investors to Take a Ride On the Open Internet

Chris Markoch

In its most recent earnings report The Trade Desk posted its fourth consecutive quarter of year-over-year (YOY) beats in earnings and revenue. However, it's the company’s efforts to make the open internet the standard for digital advertising that may push TTD stock to an all-time high.  

NASDAQ:TTDNASDAQ:FBNASDAQ:GOOGL
Read The Trade Desk Wants Investors to Take a Ride On the Open Internet
The Real Threat to ABNB is Not the Delta Variant
August 13, 2021 2:30 AM ET

The Real Threat to ABNB is Not the Delta Variant

Chris Markoch

Over time, Airbnb looks to be a good investment. However, there are many variables in place at this time that convince me that ABNB stock is priced about right for a company that will still not be consistently profitable in the next few years.  

NASDAQ:ABNBNASDAQ:EXPENASDAQ:BKNG
Read The Real Threat to ABNB is Not the Delta Variant
The Risk and Reward For DASH Stock Are Two Sides of a Coin
August 12, 2021 11:00 PM ET

The Risk and Reward For DASH Stock Are Two Sides of a Coin

Chris Markoch

The novelty of food delivery has worn off. And that means analysts are beginning to evaluate these companies on their own merits. And that kind of comparison may not play well for DASH stock.

NASDAQ:DASHNYSE:UBERNYSE:GRUB
Read The Risk and Reward For DASH Stock Are Two Sides of a Coin
FUBO Stock Looks Like an Excellent Bet
August 12, 2021 8:00 AM ET

FUBO Stock Looks Like an Excellent Bet

Chris Markoch

At a time when consumers may be showing signs of streaming fatigue, FuboTV is gaining subscribers and keeping them engaged on its platform for a longer period of time. The sports-forward streaming service is also getting ready to launch its own sportsbook. In short, there's a lot to like about FUBO stock.

NASDAQ:FUBONASDAQ:NFLXNASDAQ:CMCSA
Read FUBO Stock Looks Like an Excellent Bet
Lean Into DraftKings as Its Most Wonderful Time of the Year Arrives
August 5, 2021 10:00 AM ET

Lean Into DraftKings as Its Most Wonderful Time of the Year Arrives

Chris Markoch

For DraftKings and other gambling stocks, the holiday season arrives in earnest with the arrival of football season. While exact numbers are unclear, an estimated $100 billion is wagered at licensed sportsbooks during the National Football League (NFL) season. And that is a harbinger of good things for DKNG stock. 

NASDAQ:DKNGNYSE:GENI
Read Lean Into DraftKings as Its Most Wonderful Time of the Year Arrives
For Robinhood Stock the Hunter Has Become the Hunted
August 5, 2021 3:10 AM ET

For Robinhood Stock the Hunter Has Become the Hunted

Chris Markoch

Shares of HOOD stock are climbing steeply, primarily driven by retail investors. This is the same group that made Robinhood the popular trading app that it is. But now the tables have turned and that may be a shame for investors who were looking to buy the stock on its future potential.  

NASDAQ:HOODNYSE:GMENYSE:AMC
Read For Robinhood Stock the Hunter Has Become the Hunted
The 10 Most Searched Stocks on MarketBeat in August 2021
August 5, 2021 3:00 AM ET

The 10 Most Searched Stocks on MarketBeat in August 2021

Chris Markoch

The MarketBeat trending stocks report aims to identify trending companies based on the actions and interests of MarketBeat readers and subscribers. Rankings are calculated based on the number of new MarketBeat users that have added a given stock to their watch list in the last 30 days and the number of such queries for a company on MarketBeat in the last 30 days.

NASDAQ:AAPLNASDAQ:MSFTNASDAQ:FB
Read The 10 Most Searched Stocks on MarketBeat in August 2021
The Report That Paycom Needs is Yet to Come
August 4, 2021 10:00 AM ET

The Report That Paycom Needs is Yet to Come

Chris Markoch

Paycom stock was up nearly 9.5% the morning after posting a strong earnings report. However, the report that may be more important to Paycom investors is the jobs report on August 6. Early numbers indicates that the number may be weak and that's a potential headwind for the short-term fortunes of PAYC stock.  

NYSE:PAYCNASDAQ:ADP
Read The Report That Paycom Needs is Yet to Come
Marriott Presents Investors With a Puzzling Outlook
August 4, 2021 4:00 AM ET

Marriott Presents Investors With a Puzzling Outlook

Chris Markoch

Marriott stock is dropping after the company issued a solid earnings report. It seems consumer travel is back, but investors are less sure about the return of the business traveler and that is calling MAR stock's valuation into question.

NYSE:MAR
Read Marriott Presents Investors With a Puzzling Outlook
Buy American Water Works As it Continues to Gush Profits
August 3, 2021 8:00 AM ET

Buy American Water Works As it Continues to Gush Profits

Chris Markoch

Investors who bought AWK stock five years ago would be sitting on a gain of 107%. However, the stock is now bumping up against its 12-month price target. In this article, we'll explain why income investors shouldn't be bothered by that at all.

NYSE:AWKNYSE:DUK
Read Buy American Water Works As it Continues to Gush Profits
Buy Simon Property Group as a Best-In-Class Play
August 2, 2021 10:00 AM ET

Buy Simon Property Group as a Best-In-Class Play

Chris Markoch

The long-term narrative for many malls, particularly enclosed regional malls, is still bleak. But investing in this sector is an an example of quality mattering a great deal. Simon is the owner of many of these high-performing malls which is only one reason that SPG stock is a buy.

NYSE:SPG
Read Buy Simon Property Group as a Best-In-Class Play