Data centers are now the earnings engine here: critical infrastructure services revenue rose 80% in local currency, powering a 28.5% jump in core EBITDA and an EPS beat even as total revenue landed below estimates. The real estate cycle matters less than it used to for this business.
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Real Estate ETF XLRE Offers Steady Dividends With One Major Caution
The Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE) trades around $45 with roughly $7.71 billion in assets and a trailing distribution yield of 3.4%. Nine of the top ten holdings are equity…
Value Investor Bill Nygren Continues to Sell Financials and Move Into These 3 Sectors
Bill Nygren has managed the Oakmark Select Fund (MUTF:OAKLX) since its inception in November 1996. He joined Harris/Oakmark in 1983, two years after entering the investment industry, and is now the firm’s…
8 Companies That Had Their IPO in 2004: Best and Worst Performers
It’s crazy to think what was going on in 2004. The Boston Red Sox won their first World Series in 80 years. “Yeah!” by Usher was the number-one song. Gas prices were…
Monday’s Top Analyst Upgrades and Downgrades: Activision, Apple, Chewy, Etsy, General Mills, Las Vegas Sands, Steel Dynamics, Take-Two, Tesla, 3M and More
Monday's top analyst upgrades and downgrades included Activision Blizzard, Apple, Bill.com, Chewy, Etsy, Fortinet, General Mills, Las Vegas Sands, MongoDB, Steel Dynamics, Take-Two Interactive Software, Tesla and 3M.
Wednesday’s Top Analyst Upgrades and Downgrades: Alliance Data, AvalonBay, Boston Properties, Bruker, CBRE and More
Wednesday’s top analyst upgrades and downgrades included Alliance Data, AvalonBay, Boston Properties, Bruker, Camden Properties and CBRE.
Alliance Data, Cimarex Energy, Myriad Genetics, Nestle and More Tuesday Afternoon Analyst Research Calls
Alliance Data, Cimarex Energy, Myriad Genetics and Nestle were among Tuesday afternoon's analyst upgrades and downgrades.
5 Stocks to Buy Now That May See No Negative Impact From Rising Interest Rates
The specter of rising interest rates keeps buffeting the stock market. However, these five stocks may see little to no negative impact from rising interest rates and they are rated Buy at…
Top Analyst Upgrades and Downgrades: American Eagle, Baidu, GameStop, Halliburton, Mosaic, Regeneron, Salesforce, Take-Two, Wells Fargo and More
Monday's top analyst upgrades and downgrades included American Eagle Outfitters, Baidu, GameStop, Halliburton, Mosaic, Regeneron Pharmaceuticals, Salesforce.com, Take-Two Interactive Software and Wells Fargo.