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  • Investment Evaluation: Visa vs. IBM – Which is the Superior Choice?

    Investment Evaluation: Visa vs. IBM – Which is the Superior Choice?

    In the quest for the best investment, the stock market offers a plethora of options. Among the prominent contenders are technology giant IBM and payment technology leader Visa.

    This article delves into an exhaustive comparison of IBM stock and Visa stock to assist investors in their decision-making process.

    Overview of IBM and Visa

    International Business Machines Corporation, commonly known as IBM, stands as a global technology entity providing a diverse range of integrated solutions and services worldwide.

    In contrast, Visa Inc. functions as a prominent payment technology firm operating both in the United States and internationally.

    These two corporations have established distinctive positions within their respective sectors, making substantial contributions to the progress of technology.

    IBM and Visa’s Business Segments

    IBM operates through four primary business segments: Software, Consulting, Infrastructure, and Financing.

    These segments cater to various industry needs, including hybrid cloud platform and software solutions, business transformation services, on-premises, and cloud-based server and storage solutions, and financing services.

    Visa, however, operates through VisaNet, a transaction processing network enabling authorization, clearing, and settlement of payment transactions. It offers a range of services, including credit, debit, prepaid card products, tap-to-pay, tokenization, and click-to-pay services.

    Stock Price Evolution

    In the previous year, IBM’s stock exhibited favorable growth, whereas Visa showcased a more vibrant performance. The performance of these stocks over various periods is outlined below:

    One Week:

    IBM: 0.17% increase

    Visa: 0.90% increase

    One Quarter:

    IBM: 13.08% increase

    Visa: 5.69% increase

    One Year:

    IBM: 13.66% increase

    Visa: 21.92% increase

    Year-to-Date (YTD):

    IBM: 20.89% increase

    Visa: 25.18% increase

    This summary table offers a snapshot of the performance of both stocks, enabling investors to compare and analyze their respective growth trends.

    Key Stock Indicators

    When comparing stocks, key indicators such as short interest, trading volume, and market capitalization provide valuable insights.

    For IBM, the short interest is 2.96%, the trading volume is 11,014,050, and the market cap is $148.14 billion. For Visa, the short interest is lower at 1.99%, but it boasts a higher trading volume of 13,352,071 and a significantly higher market cap of $518.66 billion.

    Fundamental Stock Indicators

    A look at the fundamental stock indicators of both companies provides a deeper understanding of their financial health.

    IBM, with a workforce of 311,300, presents a dividend yield of 4.15%, generating sales amounting to $61.17 billion and an income of $6.92 billion. The sales quarter-over-quarter (Q/Q) growth for IBM stands at 4.57%.

    On the other hand, Visa, with a workforce of 28,800, has a lower dividend yield of 0.81%, but significantly higher sales at $32.65 billion and income at $16.99 billion. Visa’s sales Q/Q growth is robust at 10.56%.

    Visa’s Earnings Beat

    In fiscal Q4, 2023, Visa delivered impressive earnings of $2.33 per share, surpassing estimates. The revenues also exceeded projections, reaching $8.61 billion. This can be attributed in part to the +9% year-over-year growth in payment volumes, reflecting a rebound in cross-border travel.

    Conclusion: IBM vs Visa

    While both IBM and Visa present compelling investment opportunities, the decision ultimately depends on individual investor objectives.

    IBM offers a higher dividend yield, making it attractive for income-focused investors. In contrast, Visa’s robust growth and earnings beat make it a potential choice for growth-oriented investors.

    The comparison between IBM Vs Visa is indicative of the broader market trends. Both companies are giants in their respective fields and present numerous investment opportunities. However, their performance, key indicators, and fundamentals provide a nuanced understanding that can help investors make an informed decision.

    FAQ’s

    What factors should I consider when comparing Visa and IBM for investment?

    Explore key metrics such as stock performance, market trends, and financial indicators to make an informed decision.

    How do Visa and IBM differ in terms of market capitalization and financial stability?

    Understand the market cap and financial fundamentals of each company to gauge their stability and potential for long-term investment.

    What recent developments or earnings reports should I be aware of for both Visa and IBM?

    Stay informed about the latest news, earnings reports, and any significant events that may impact the investment prospects of Visa and IBM.

    Which industry trends and external factors might influence the future performance of Visa and IBM?

    Consider external factors, such as industry trends and global events, to anticipate how Visa and IBM might respond to changing market conditions.

    What are the growth prospects and long-term outlook for Visa compared to IBM?

    Evaluate the growth potential and future outlook of Visa and IBM to determine which stock aligns better with your investment goals and risk tolerance.

  • Analyzing US Stocks: A Deep Dive into Visa Stock Performance in 2023

    Analyzing US Stocks: A Deep Dive into Visa Stock Performance in 2023

    In the ever-changing landscape of U.S. stocks, Visa Inc. (V) has distinguished itself as a notable achiever in the Credit Services sector.

    This piece aims to offer a thorough examination of Visa’s 2023 performance and market standing, shedding light on the company’s strategic initiatives geared toward broadening its international presence.

    Visa’s Stock Performance in 2023

    Visa Inc. has been consistently outperforming the market, with a substantial rise of 25.98% in its stock price by the end of 2023. This impressive performance has earned Visa an overall score of 77, positioning it at the top tier in the Credit Services industry. With this score, Visa outperforms 77% of the market, a testament to its robust financial health and market dominance.

    Market Sentiment and Analyst Rankings

    Investors and market analysts have shown positive sentiment towards Visa, with a neutral to positive trading pattern observed recently.

    The stock’s rise of 0.59% in the week following the increase in its price reflects the market’s positive response. Notably, Visa has an average analyst ranking of ‘Strong Buy’ with an average price target of $276.08, indicating a bullish outlook for Visa stock.

    Visa’s Position in the Credit Services Industry

    Visa’s robust performance has made it a strong player in the Credit Services industry, which has an average overall score of 44. This means that, on average, Visa scores higher than 44% of the stock market, signifying its competitive edge in this sector.

    Visa’s Acquisition of Prosa

    Visa has been making strategic moves to expand its global presence, with the acquisition of a majority stake in Mexican payments processor, Prosa, being a notable step. The agreement, announced in December 2023, reflects Visa’s commitment to enhancing digital payment adoption in Mexico, a market with significant potential.

    Prosa’s Role Post-Acquisition

    Post-acquisition, Prosa will continue to operate as an independent company, maintaining its infrastructure. However, Visa’s investment will allow Prosa to expand its offerings with new digital solutions and expertise in managing a global network. This move aligns with Visa’s ‘network of networks’ strategy, leveraging world-class technologies to complement its own.

    Impact on the Global Payment Ecosystem

    Visa’s investment in Prosa is expected to enable stakeholders in the global payment ecosystem to play a more active role in Mexico’s payment landscape.

    Once the transaction closes, Prosa will collaborate with issuers and other players in the payments market to promote various benefits among cardholders in Mexico.

    These include plans to improve the technology supporting Prosa’s brand-agnostic services, along with Visa brand services such as tokenized payments.

    New Services and Efficiency Improvements

    Prosa will also strive to introduce new services, such as real-time payments and other technological advancements to enhance payment efficiency via Visa’s suite of solutions.

    Understanding the Mexican Market

    Despite the increasing adoption of digital payment solutions, customers in Mexico continue to prefer in-store shopping over online purchases.

    According to a report by PYMNTS and Cybersource, 71% of local shoppers made their most recent retail purchase in a brick-and-mortar store.

    However, this trend does not rule out the importance of digital shopping and payment features.

    Mexican shoppers use a range of digital features for their purchases, including online buying with in-store pickup options, digital coupons, and free shipping. This suggests that digital innovation is non-negotiable for businesses operating in Mexico.

    Visa’s Stock Key Stats

    As of the latest data, Visa Inc. (V) exhibits key statistics that provide insights into its market performance. The stock opened at $258.70, reaching a day high of $259.59 and a day low of $257.95. The previous close was $258.37.

    With the current market capitalization standing at $519.324 billion, and 2.01 billion shares outstanding, the 10-day average volume is reported at 5.95 million shares.

    Visa’s dividend is $2.08, resulting in a dividend yield of 0.81%. The stock has a beta of 0.95, indicating its sensitivity to market movements. Year-to-date, Visa has shown a percentage change of 24.36%.

    Visa’s Future Prospects

    Considering Visa’s strategic moves and strong performance in 2023, the future looks promising for this credit services giant. The company’s recent investment in Prosa, along with its robust performance in the US stock market, position it well for continued growth.

    Whether you’re an investor looking to capitalize on Visa’s impressive performance or a market enthusiast keen to understand the dynamics of the Credit Services industry, keeping a close eye on Visa stock can provide valuable insights.

    As Visa continues to innovate and expand its global footprint, it will undoubtedly remain a key player in the world of finance.

  • Investing in US Stocks: How to Invest in Visa Inc. (V) Stock?

    Investing in US Stocks: How to Invest in Visa Inc. (V) Stock?

    The realm of U.S. stocks can be quite intricate for individuals considering investment opportunities. Nonetheless, armed with some helpful advice, one can smoothly traverse this domain.

    A notable performer in this arena is Visa Inc., a well-established financial services entity traded on the New York Stock Exchange (NYSE) with the symbol V. This manual outlines a sequential approach to engaging in investments with this particular stock.

    Visa Inc.: A Brief Overview

    Visa Inc. (V) a financial services giant based in the US, is a significant player in facilitating electronic fund transfers. The company, established in 1958 by Bank of America, does not directly issue cards, provide credit, or set rates and fees for consumers.

    Instead, it partners with financial institutions, offering them Visa-branded payment products.

    Visa(V) operates one of the largest and most sophisticated electronic payment networks worldwide. It processes billions of transactions annually, making it a lucrative investment option.

    The Appeal of Visa Stock

    When considering Visa stock, several factors come into play. Here are a few worth noting:

    Global Recognition

    Visa is a globally recognized brand, operating in numerous countries worldwide. This widespread reach ensures a steady flow of transaction fees and provides diversified revenue streams.

    Steady Revenue Stream

    Unlike traditional banks, Visa earns a fee from every transaction, which provides a predictable and steady revenue stream, making it less risky.

    Growth in Digital Payments

    The increasing shift from cash transactions to digital payments positions companies like Visa to benefit significantly from this trend.

    Strong Financials

    Visa has historically exhibited robust financial metrics, including profitability, revenue growth, and a solid balance sheet.

    The Potential Downsides

    Despite its advantages, investing in Visa stock also has potential downsides:

    High Valuation

    At times, Visa may trade at high valuations, potentially making it overpriced. Therefore, it’s crucial to check its valuation against its financial metrics to gauge its accuracy.

    Stiff Competition

    Visa encounters intense competition from alternative payment networks such as Mastercard (NYSE: MA), along with the emergence of fintech enterprises in the financial sector.

    Economic Downturns

    In economic downturns, there is usually a decline in consumer spending, which could potentially result in decreased transaction volumes, thereby affecting Visa’s revenue.

    Step-by-Step Guide to Buying Visa Stock

    The process of investing in Visa stock involves several steps.

    Step 1: Select a Broker

    First, you need to choose a reliable and regulated online broker to access the NYSE market and buy Visa stock. A broker such as eToro offers commission-free stock and ETF trading, access to global financial markets, and a user-friendly platform.

    Step 2: Open a Brokerage Account

    Upon selecting a brokerage service, the subsequent step involves registering an account. This entails furnishing your personal and financial information, followed by awaiting the broker’s verification of the provided details.

    Step 3: Fund Your Account

    Following the establishment of your brokerage account, the next step involves funding it. This can be accomplished through methods such as bank transfers, credit/debit card payments, or utilizing third-party payment services like PayPal.

    Step 4: Conduct Research

    Before buying Visa stock, conduct thorough research. Analyze the company’s performance, financials, and market trends. Evaluate whether Visa stock aligns with your investment goals and risk tolerance.

    Step 5: Buy Visa Stock

    Once your research is complete, and you’re ready to invest, place an order to buy Visa stock. You can choose from market, limit, stop-loss, or other available options.

    Step 6: Monitor Your Investment

    In conclusion, stay vigilant in monitoring your investment in Visa. Steer clear of hasty decisions driven by short-term market fluctuations, and instead, concentrate on assessing its long-term performance.

    Visa Stock Performance

    Visa’s stock has demonstrated noteworthy performance, registering a remarkable 24.27% surge in the last year. This accomplishment exceeds the growth of other stocks in the Credit Services industry by a margin of 0.03 percentage points.

    Presently, the stock stands at a level 27.82% higher than its lowest point in the past 52 weeks, while it is 1.85% below its highest point during the same period.

    Closing Thoughts

    Engaging in the investment of U.S. stocks, such as Visa, can prove to be a lucrative endeavor when approached with diligence and well-informed decision-making. Keep in mind that the value of your investments is subject to fluctuations.

    Thus, it is imperative to undertake comprehensive research and seek advice from financial professionals before finalizing any investment decisions.

    FAQ

    Is Visa Stock Worth Buying?

    Whether Visa stock is worth buying depends on various factors, including its company performance, market conditions, and investment goals. Conduct thorough research and consult with financial professionals before making investment decisions.

    Does Visa Pay a Dividend?

    Yes, Visa pays a dividend to its shareholders.

    Can I Invest in Visa with ETFs?

    Yes, as a constituent of the DJIA, the S&P 100, and the S&P 500, Visa can be found in ETFs that follow those indexes and those targeted at the financial industry. You can buy shares of ETFs just like stocks with online brokers.

  • After-Hours Movers: Visa Inc. (V) Stands Tall

    After-Hours Movers: Visa Inc. (V) Stands Tall

    Visa Inc. (V), a trailblazer in the digital payments realm, has left a notable mark on the financial landscape. In this exploration, we delve into the recent after-hours activities of the company, drawing attention to its noteworthy performance.

    Additionally, the article will illuminate key highlights from Visa’s recent endeavors, including its involvement in the preparations for the Paris 2024 Olympic and Paralympic Games.

    After-Hours Highlights

    Visa Inc. (V) exhibited an impressive performance after-hours. With a post-market volume of 6.193 million shares, the company closed at 247.49 USD.

    The post-market change displayed a positive trend, increasing by 0.55 USD, which translates to a change percentage of +0.22%. The stock price hit a high of 246.94 USD, marking a change percentage of +0.93%.

    The total after-hours volume amounted to 14.092 million shares, contributing to the company’s market capitalization of 502.865 million USD.

    Notably, Visa Inc. has shown a robust market cap performance over the past year, boasting a significant increase of +16.44%.

    Team Visa for Paris 2024

    In addition to its strong market performance in the US stock market, Visa Inc. has also been making waves in the world of sports.

    The company, as the Worldwide Payment Technology Partner of the Olympic and Paralympic Games, has recently unveiled the current list of 117 athletes joining Team Visa for Paris 2024.

    This class is the largest group of Olympic and Paralympic athletes and hopefuls in the program’s history and the most diverse, representing more than 60 markets and 40 sports, including the new addition, Breaking.

    Team Visa Summit

    Visa organized the Team Visa Summit in Paris, which was a two-day, creator-led content master class focused on brand immersion and best practices for how athletes can tell their own stories within the broader creator economy.

    This summit aimed to help athletes further develop their skills as creators and find new and effective ways to communicate, engage, and inspire people around the world.

    Team Visa for Paris 2024 By the Numbers

    The Team Visa athlete program has championed more than 600 Olympic and Paralympic athletes since 2000.

    The athletes are selected based on their athletic achievements, community involvement, and alignment with Visa’s core values of equality, access, and inclusion. Paris 2024 Team Visa highlights:

    • 117 Olympic and Paralympic athletes from 60+ markets, including eight new markets (Austria, Armenia, Belgium, Cyprus, Malta, Slovakia, Uzbekistan, Honduras)
    • Ages 15-48 with the highest percentage of women athletes in program history
    • 40 sports, including the new Paris 2024 sport: Breaking
    • 175 medals collectively, with 15 athletes competing in their first Olympic or Paralympic Games
    • More than 45 million combined social followers across Team Visa athletes

    Final Thoughts

    Visa Inc. has consistently demonstrated its commitment to innovation and inclusivity in the financial world and beyond.

    Its recent after-hours performance and the creation of the largest and most diverse Team Visa for Paris 2024 are testament to the company’s relentless pursuit of excellence.

    To learn more about Visa’s support of the Olympic and Paralympic Games, visit Visa’s sponsorship page. To stay updated with Visa Inc.’s market performance and other relevant financial news, stay tuned.

  • Early Morning Vibes: Don’t Miss On These 4 Growth Stocks

    Early Morning Vibes: Don’t Miss On These 4 Growth Stocks

    On February 2, the American stock indexes finished trading in the green zone. The S&P 500 climbed 1.39% to 3826 points, the Dow Jones rose 1.57% and the NASDAQ rose 1.56%. The news background did not contain new drivers of movement, but risk appetite was increased due to the decrease in fears of an overbought market. All 11 sectors closed in positive territory. The finance sector-led growth with 2.46%, driven by a rebound in Treasury yields.

    Company news

    Uber (UBER: + 7%) today announced it has acquired the liquor delivery service Drizly for $1.1 billion in company stock and cash.

    Pfizer’s revenue (PFE: -2.3%) beat expectations, although EPS was weaker than consensus. The 2021 revenue forecast assumes strong sales of coronavirus vaccines.

    Results of oil giant BP (BP: -6.6%) were worse than expected in various segments, dividends were reduced by 50%.

    Today, world stock exchanges are showing mostly positive dynamics. The fight against the coronavirus remains in focus and the news on this front is mostly positive. The attention of international investors was attracted by the results of tests of the Russian vaccine Sputnik V, which revealed its high efficiency. In addition, the University of Oxford has published encouraging research results that indicate that the AstraZeneca vaccine not only prevents coronavirus disease but also reduces its spread by two-thirds. This is the first study to document that vaccine proliferation will lead to a rapid decline in disease incidence. In the United States, more than 7% of the population has already received the first dose of the vaccine, and the daily incidence of COVID-19 has rolled back to November levels.

    Quarterly results were published by 43% of companies in the S&P 500. At present, aggregate net income for the fourth quarter is expected to show growth YoY, while in October it was forecast to decline by 13% YoY. This signals that companies’ financials are showing an unexpectedly fast recovery. However, the optimistic expectations have already been partially taken into account in the quotes, as evidenced by the increase in the S&P 500 by 17% over the past three months.

    Sentiment Index

    The Freedom Finance Sentiment Index remains at 68 out of 100. The indicator reflects market participants’ hope for a global economic recovery in 2021. Concerns about the negative impact of the coronavirus pandemic are slowly diminishing with the prospect of mass vaccinations.

    Technical picture

    Technically, the S&P 500 is still bullish in the medium term. The broader market index has continued to rebound from the 50-day moving average, but the strength of this impulse is fading. In the short term, consolidation is likely, as the RSI indicator is in the neutral zone and indicates the equality of forces between the bulls and bears, while the MACD indicator remains in negative territory.

    Today Top Movers

    Sundial Growers Inc (SNDL) stock moved up 8.65 percent to $1.13 in the pre-market ‎trading. The firm recently revealed the closing of its US$100 million registered offering.‎‎
    ‎ ‎‎
    ‎AMC Entertainment Holdings Inc (AMC) stock ascended 8.44% at $8.48 in the pre-market trading today.‎‎
    ‎ ‎‎
    ‎Naked Brand Group Ltd (NAKD) an apparel manufacturing company, soared about 12.07% ‎at $1.02 in pre-market ‎trading Wednesday following the declaration of closing $50 million registered direct offering priced at-the-market.
    ‎ ‎‎
    ‎Cps Technologies (CPSH) share price jumped 21.75% to $8.45 during the early morning ‎trading session on ‎Wednesday.‎‎ The company recently declared receipt of a purchase order for HybridTech Armor© Panels to be installed as the strike face of advanced ballistic shields to support U.S. Navy CVN class ships.

    Top Upgrades & Downgrades

    Oppenheimer turned bullish on NXP Semiconductors N.V. (NXPI), upgrading the stock to “Outperform” and assigning a $210.0 price target, representing a potential downside of 18.5% from Tuesday’s close. 

    Nucor Corporation (NUE) has won the favor of Credit Suisse’s equity research team. The firm upgraded the shares from Neutral to Outperform and moved their price target to $63.0, suggesting a 24.85% additional upside for the stock. 

    Steel Dynamics Inc. (STLD) received an upgrade from analysts at Credit Suisse, who also set their one-year price target on the stock to $52.0. They changed their rating on STLD to Outperform from Neutral in a recently issued research note. 

    Earlier Tuesday Credit Suisse reduced its rating on SBA Communications Corporation (SBAC) stock to Neutral from Outperform and assigned the price target to $291.0. With shares trading at around $281.90, the Wall Street firm thinks SBA Communications Corporation’s stock could add than 3.23%. 

    JPMorgan analysts reduced their investment ratings, saying in research reports covered by the media that it’s rating for Centennial Resource Development Inc. (CDEV) has been changed to Underweight from Neutral. 

    Analysts at JPMorgan ‎downgraded Cabot Oil & Gas Corporation (COG)’s stock to Neutral from Overweight Wednesday.

    Latest Insider Activity

    Moderna Inc. (MRNA) Andres Juan announced the sale of shares taking place on Feb 01 at $172.99 for some 5,000 shares. The total came to more than $0.86 million. 

    Visa Inc. (V) CHAIRMAN & CEO KELLY ALFRED F JR sold on Jan 29 a total of 163,112 shares at $197.73 on average. The insider’s sale generated proceeds of almost $1.78 million. 

    Surgalign Holdings Inc. (SRGA) Director STOLPER MARK declared the purchase of shares taking place on Feb 01 at $1.50 for some 16,667 shares. The transaction amount was around $25001.0. 

    Outlook Therapeutics Inc. (OTLK) Director Sukhtian Ghiath M. bought on Feb 02 a total of 10,820,630 shares at $1.00 on average. The purchase cost the insider an estimated $8.36 million.

    Important Earnings

    Top US earnings releases scheduled for today include Boston Scientific Corporation (NYSE: BSX). It will announce its Dec 2020 financial results. The company is expected to report earnings of $0.31 per share from revenues of $2.83B in the three-month period. 

    Analysts expect AbbVie Inc. (NYSE: ABBV) to report a net income (adjusted) of $2.85 per share when the bank releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $13.7B. 

    eBay Inc. (EBAY), due to announce earnings after the market closes today, is expected to report earnings of $0.83 per share from revenues of $2.7B recently concluded three-month period.

  • Early Morning Vibes: 4 Top Trending Stocks To Watch Right Now

    Early Morning Vibes: 4 Top Trending Stocks To Watch Right Now

    The American stock market finished trading with a slight loss on January 26. By the end of the session, the S & P 500 index dropped by 0.15% to 3850 points. NASDAQ and Dow Jones were down 0.07%. The news background stayed mostly calm, so the market showed weak dynamics. The energy sector fell 2.12% despite stable oil prices. The real estate sector became the leader in growth with a result of + 1.14% thanks to the continued favorable macroeconomic conditions in the housing market.

    Company news

    President Biden plans to transfer American officials to American-made electric cars. Against this background, shares of Workhorse (WKHS: + 30.2%), Lordstown (RIDE: + 14%), Nikola (NKLA: + 23.6%) and others rose.

    Beyond Meat (BYND: + 17.7%) has partnered with PepsiCo (PEP: + 1.2%) to co-manufacture and market plant-based meat substitute products.

    Johnson & Johnson (JNJ: + 2.7%) quarterly report better than expected. The company also announced that the test results for its vaccine will be released in early February.

    There are various dynamics in the global stock markets today. Pfizer and Moderna have both agreed to sell the US government 100 million additional doses of vaccine. Considering this order, the total volume of purchases will amount to 600 million. Over 300 million people can be vaccinated against coronavirus with just that amount. The number of hospitalized with COVID-19 in the United States fell to 108 thousand, which is in line with mid-December levels. The morbidity trend on a daily basis is on the decline. This allows the states to slowly remove barriers, which support investor confidence.

    The companies’ quarterly results and market reactions to them are still mixed. However, Microsoft’s report was strong, so the tech sector has the potential to become a growth engine for the broader market today.

    Economic news

    December durable goods base order data will be released this Wednesday. After increasing by 0.4% a month earlier, the indicator is expected to grow by 0.5% against the value in November. Note that basic orders do not include vehicles (cars, airplanes, etc.), and it is this group of products that may show the weakest dynamics against the background of continuing problems with orders from Boeing.

    Technical picture

    Technical analysis suggests that there is an upward tendency in the medium term for the S&P 500. The broad market index reached a new all-time high yesterday, but met selling pressure and failed to gain a foothold above 3860 points. The upper border of the equidistant channel in the area of ​​3865-3870 points is still a serious resistance. After a short-term consolidation, the upward movement is likely to continue.

    Today Top Movers‎

    ‎Virgin Galactic Holdings Inc (SPCE) share price jumped 11.65% to $46.95 during the early morning ‎trading session on ‎Wednesday.‎‎ SPCE has found itself making more headlines recently as billionaire rocketman, Richard Branson, gets closer to achieving his dream of taking tourists to the stars.‎ ‎‎

    ‎Digital Ally Inc (DGLY) grew over 14.18% at $3.14 in pre-market trading ‎today.‎‎‎ ‎‎

    ‎Moderna Inc (MRNA) stock moved up 1.49 percent to $154.19 in the pre-market ‎trading after the firm provided a supply update for the Moderna COVID-19 Vaccine.‎‎ ‎‎

    ‎Romeo Power Inc (RMO) gained 9.52% and closed at $20.25 on ‎Tuesday ‎January 26, 2021.‎‎

    Top Upgrades & Downgrades

    KeyBanc turned bullish on Dycom Industries Inc. (DY), upgrading the stock to “Overweight” and assigning a $104.0 price target, representing a potential downside of 18.3% from Tuesday’s close. 

    3M Company (MMM) has won the favor of JPMorgan’s equity research team. The firm upgraded the shares from Neutral to Overweight and moved their price target to $205, suggesting 16.51% additional upside for the stock. 

    The Wendy’s Company (WEN) received an upgrade from analysts at Deutsche Bank, who also set their one-year price target on the stock to $25. They changed their rating on WEN to Buy from Hold in a recently issued research note. 

    Earlier Wednesday KeyBanc reduced its rating on Visa Inc. (V) stock to Sector Weight from Overweight.

    KeyBanc analysts reduced their investment ratings, saying in research reports covered by the media that it’s rating for MasTec Inc. (MTZ) has been changed to Sector Weight from Overweight.

    Analysts at KeyBanc downgraded Mastercard Incorporated (MA)’s stock to Sector Weight from Overweight Wednesday.

    Latest Insider Activity

    United States Antimony Corporation (UAMY) 10% Owner Reed Kenneth M announced the sale of shares taking place on Jan 26 at $0.98 for some 540,275 shares. The total came to more than $0.53 million. 

    Sorrento Therapeutics Inc. (SRNE) Director Followwill Dorman sold on Dec 16 a total of 2,130 shares at $7.14 on average. The insider’s sale generated proceeds of almost $7135.0. 

    Harbor Custom Development Inc. (HCDI) Director SWETS LARRY G JR declared the purchase of shares taking place on Jan 15 at $3.00 for some 35,000 shares. The transaction amount was around $0.1 million. 

    Urban One Inc. (UONE) 10% Owner SEMLER ERIC bought on Jan 19 a total 2,221,197 shares at $4.15 on average. The purchase cost the insider an estimated $829,170.

    Important Earnings

    Top US earnings releases scheduled for today include Tesla Inc. (NASDAQ: TSLA). It will announce its Dec 2020 financial results. The company is expected to report earnings of $1.01 per share from revenues of $10.32B in the three-month period. 

    Analysts expect Facebook Inc. (NASDAQ: FB) to report a net income (adjusted) of $3.22 per share when the bank releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $26.43B. 

    Apple Inc. (AAPL), due to announce earnings after the market closes today, is expected to report earnings of $1.41 per share from revenues of $103.28B recently concluded three-month period.