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Kate Stalter, Contributing Author at MarketBeat

Articles by Kate Stalter - Page 17

Pfizer stock price
May 19, 2023 5:18 AM ET

Is Pfizer's Seagen Deal In Jeopardy Amid Antitrust Scrutiny?

Kate Stalter

Despite worries about FTC scrutiny, Pfizer remains optimistic about its planned Seagen acquisition, issuing $31 billion in bonds to finance the deal.

NYSE:PFENASDAQ:SGEN
Read Is Pfizer's Seagen Deal In Jeopardy Amid Antitrust Scrutiny?
Big pharma stocks
May 18, 2023 6:44 AM ET

Pharma Giants Novartis, Lilly, Merck, and Novo Outperform Market

Kate Stalter

Big pharma stocks Novartis, Eli Lilly, Merck, and Novo Nordisk are outperforming the market, driven by successful drugs and strong earnings growth.

NYSE:NVSNYSE:LLYNYSE:MRK
Read Pharma Giants Novartis, Lilly, Merck, and Novo Outperform Market
Vertex Pharmaceuticals stock price chart
May 18, 2023 6:35 AM ET

Vertex Pharmaceuticals Hits Record High on Strong Q1 Earnings

Kate Stalter

Vertex Pharmaceuticals hits record high on strong earnings, FDA approval for cystic fibrosis medication for infants. Analysts recently boosted price targets.

NASDAQ:VRTXNASDAQ:CRSPNASDAQ:TRDA
Read Vertex Pharmaceuticals Hits Record High on Strong Q1 Earnings
Technology stocks
May 17, 2023 7:00 AM ET

STMicroelectronics, NetEase, HP Enterprise: Undervalued Techs?

Kate Stalter

STMicroelectronics, NetEase, and HP Enterprise may be undervalued relative to their intrinsic value, as well as versus industry peers.

NYSE:STMNASDAQ:NTESNYSE:HPE
Read STMicroelectronics, NetEase, HP Enterprise: Undervalued Techs?
Warren Buffett stock price
May 17, 2023 6:46 AM ET

Buffett's Latest Buys: What Stocks Is He Adding to His Portfolio?

Kate Stalter

Berkshire Hathaway buys $13.2 billion stake in Occidental Petroleum. Capital One is a new large holding, while stakes in Bank of America and Citigroup increase.

NYSE:BRK.BNYSE:OXYNYSE:CVX
Read Buffett's Latest Buys: What Stocks Is He Adding to His Portfolio?
Shake Shack stock price
May 17, 2023 6:45 AM ET

Shake Shake Board Shakeup Shoots Shares Higher

Kate Stalter

Shake Shack stock surged as activist investor Engaged Capital seeks a bigger role in company operations to potentially spark price and earnings growth.

NYSE:SHAK
Read Shake Shake Board Shakeup Shoots Shares Higher
Amylyx Pharmaceuticals stock price
May 16, 2023 5:43 AM ET

Amylyx Pharmaceuticals Turns Profitable On Successful Drug Launch

Kate Stalter

Amylyx Pharmaceuticals is the rare young biotech that's profitable. The company earned $0.02 a share in Q1, and analysts expect profitability to grow.

NASDAQ:AMLX
Read Amylyx Pharmaceuticals Turns Profitable On Successful Drug Launch
Sarepta Therapeutics stock price chart
May 16, 2023 4:33 AM ET

Sarepta Soars 31% As FDA Panel Backs Muscular Dystrophy Therapy

Kate Stalter

Sarepta Therapeutics soars 31% as FDA committee supports gene therapy for Duchenne muscular dystrophy. Analysts have a "moderate buy" rating on the stock.

NASDAQ:SRPTOTCMKTS:RHHBY
Read Sarepta Soars 31% As FDA Panel Backs Muscular Dystrophy Therapy
Shockwave Medical Stock price
May 15, 2023 7:23 AM ET

Shockwave Medical, Fast Grower, In Boston Scientific's Sights?

Kate Stalter

Shockwave earnings are growing at triple-digit rates. The company easily beat Q1 views. Boston Scientific is reportedly interested in acquiring Shockwave.

NASDAQ:SWAVNYSE:BSXNYSEARCA:IWM
Read Shockwave Medical, Fast Grower, In Boston Scientific's Sights?
Donaldson Co. stock price forecast
May 15, 2023 7:00 AM ET

Analysts Have "Buy" Rating On This Mid-Cap Dividend Achiever

Kate Stalter

Mid-cap industrial-sector stock Donaldson is a steady gainer, returning 32.44% in the past year. It has a 36-year track record of increasing its dividend.

NYSE:DCINYSEARCA:MDYNYSEARCA:XLI
Read Analysts Have "Buy" Rating On This Mid-Cap Dividend Achiever
NASDAQ 100 stocks
May 15, 2023 5:11 AM ET

Nasdaq 100 Hits 2023 Highs As Google, Amazon Join The Tech Rally

Kate Stalter

The Nasdaq 100 index hit new 2023 highs, boosted by AI news from Alphabet, as other top components, including Microsoft, Nvidia and Apple took a breather.

NASDAQ:GOOGLNYSEARCA:QQQNASDAQ:AMZN
Read Nasdaq 100 Hits 2023 Highs As Google, Amazon Join The Tech Rally
Oracle stock price forecast
May 12, 2023 6:59 AM ET

Oracle Stock Climbs For Third Month, Still In Buy Range

Kate Stalter

Oracle, a well-established enterprise software provider, has seen its shares rise for three consecutive months, outperforming newer competitors.

NYSE:ORCLNYSEARCA:XLKNASDAQ:WDAY
Read Oracle Stock Climbs For Third Month, Still In Buy Range
McKesson stock price analysis
May 12, 2023 5:11 AM ET

McKesson Stock Approaching New Highs As Bullish Trend Continues

Kate Stalter

Healthcare products distributor McKesson is nearing new highs with a bullish trend. In Q4, the company beat views on both the top and bottom lines.

NYSE:MCK
Read McKesson Stock Approaching New Highs As Bullish Trend Continues
Zscaler stock price forecast
May 11, 2023 6:35 AM ET

ZScaler's Pre-Announcement Gets Cybersecurity Rally Started

Kate Stalter

ZScaler's pre-announcement of Q3 results and full-year revenue kicked off a cybersecurity rally. Fortinet, Palo Alto Networks, and Verisign are among gainers.

NASDAQ:FTNTNASDAQ:PANWNASDAQ:VRSN
Read ZScaler's Pre-Announcement Gets Cybersecurity Rally Started
Monster Beverage stock analysis
May 11, 2023 6:30 AM ET

Investors Are Energized, Not Scared Off, By Monster's Fast Growth

Kate Stalter

Monster Beverage hit a new high after beating Q1 views, as earnings growth returned. Wall Street expects earnings of $1.54 a share this year, up 37%.

NASDAQ:MNSTNYSE:KONASDAQ:CELH
Read Investors Are Energized, Not Scared Off, By Monster's Fast Growth
Cruise line stocks forecast and analysis
May 11, 2023 5:21 AM ET

Cruise Lines See Smoother Seas On Horizon As Profitablity Returns

Kate Stalter

Cruise-line stocks Carnival, Royal Caribbean and Norwegian Cruise Holdings are showing better price action as .profitability as back on deck.

NYSE:CCLNYSE:RCLNYSE:NCLH
Read Cruise Lines See Smoother Seas On Horizon As Profitablity Returns
Darden Restaurants  Stock price forecast
May 10, 2023 6:13 AM ET

Darden Expects Ruth's Chris Acquisition To Boost EPS

Kate Stalter

Darden Restaurants is acquiring Ruth's Hospitality for $715 million. The deal is expected to close in June and be accretive to Darden's EPS in fiscal year 2024.

NYSE:DRINASDAQ:RUTHNYSE:CMG
Read Darden Expects Ruth's Chris Acquisition To Boost EPS
Stocks Short covering
May 10, 2023 5:23 AM ET

Will Short Covering Mean Price Gains At 3 Growing Companies?

Kate Stalter

Short-covering could propel shares of Sprouts, Life Time Group and Super Micro Computer. Short sellers targeted them, despite solid expectations for growth.

NASDAQ:SFMNASDAQ:SMCINYSE:LTH
Read Will Short Covering Mean Price Gains At 3 Growing Companies?
Teach stocks price forecast
May 9, 2023 6:00 AM ET

Is Tech Stocks' Dominance A Warning Signal For The Broad Market?

Kate Stalter

The dominance of a small number of tech stocks with AI initiatives in the S&P 500 may threaten the index's role as a diversified representation of the market.

NASDAQ:AAPLNASDAQ:MSFTNASDAQ:NVDA
Read Is Tech Stocks' Dominance A Warning Signal For The Broad Market?
Kenvue stock price forecast
May 9, 2023 5:48 AM ET

J&J Kenvue Spinoff Aims To Give Investors A Healthy Return

Kate Stalter

Johnson & Johnson spinoff Kenvue had the biggest IPO since 2021, raising $3.8 billion. Kenvue's brands include Band-Aid, Tylenol, Neutrogena and Listerine.

NYSE:KVUENYSE:JNJNASDAQ:RIVN
Read J&J Kenvue Spinoff Aims To Give Investors A Healthy Return
Russell 2000 stocks
May 9, 2023 5:02 AM ET

Are Small Caps a Harbinger of Market Declines?

Kate Stalter

The iShares Russell 2000 ETF outperformed the S&P 500 last week, but that may be short-lived. Small-cap momentum is often a bellwether for broad-market action.

NYSEARCA:IWMNASDAQ:SWAVNYSE:EME
Read Are Small Caps a Harbinger of Market Declines?
Fishers - Circa March 2023: Texas Roadhouse restaurant. Texas Roadhouse is a legendary steakhouse.
May 8, 2023 5:30 AM ET

Texas Roadhouse: Analysts Boost Price Targets Despite EPS Miss

Kate Stalter

Texas Roadhouse found support at its 50-day average after missing Q1 earnings views. The company reiterated expectations for sales growth this year.

NASDAQ:TXRHNYSE:CMGNASDAQ:RRGB
Read Texas Roadhouse: Analysts Boost Price Targets Despite EPS Miss
DoorDash stock price
May 8, 2023 4:50 AM ET

DoorDash Delivers Better Than-Expected Q1 Results

Kate Stalter

DoorDash reported better-than-expected Q1 revenue with a 40% year-over-year increase to $2 billion. The company cited growth in non-restaurant categories.

NYSE:DASH
Read DoorDash Delivers Better Than-Expected Q1 Results
Nvidia stock price forecast
May 8, 2023 4:45 AM ET

How To Handle Red-Hot Nvidia Stock Ahead Of Earnings?

Kate Stalter

Nvidia boasts an 88% YTD return and is the S&P 500's second-biggest gainer of 2023. It's expected to grow EPS by 47% but a pullback is inevitable at some point.

NASDAQ:NVDA
Read How To Handle Red-Hot Nvidia Stock Ahead Of Earnings?