Dexcom raised full-year revenue guidance again, to $5.20 billion to $5.25 billion, after topping expectations on both lines. Management also lifted non-GAAP operating margin guidance to about 24% and authorized a new $1.0 billion buyback.
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The FDA Just Gave Abbott a Diabetes First. Is Its Beaten-Down Stock Ready to Wake Up?
Abbott just scored a regulatory first in diabetes care that no rival has matched, yet the stock sits well below where it traded a year ago. The real question is what it…
What Investors Don’t Understand About Abbott Laboratories
Wall Street still prices Abbott like a slow-and-steady dividend stalwart, but a pair of massive strategic moves beneath the surface suggests that framing may be costing investors a significant opportunity.
Buy, Hold, or Sell: Tech Compression Dragged Abbott Labs Under $91, but 1 Massive Diabetes Catalyst Makes It a Screaming Buy
Abbott Laboratories (NYSE:ABT | ABT Price Prediction) at $90.53 is a Buy. The healthcare giant has been swept up in a sector-wide rotation out of defensive names, even as its diabetes franchise…
Here Are Tuesday’s Top Wall Street Analyst Research Calls: Autodesk, Celanese, DexCom, FormFactor, GitLab, Lowe’s, Matador Resources, Toast and More
Pre-Market Stock Futures: The futures are trading lower on Tuesday, but another week and another set of new highs for the S&P 500 and the Nasdaq, as AI fever overshadowed Iran’s peace…
Here Are Tuesday’s Top Wall Street Analyst Research Calls: Applied Materials, CDW, Exact Sciences, Harley-Davidson, Oshkosh, ServiceNow and More
Pre-Market Stock Futures: The futures are lower on Tuesday after traders kicked off the holiday-shortened trading week with a massive Monday rally, with all major indices finishing the day higher. A combination…
Big Insider Purchases by Carl Icahn, Mario Gabelli, and Others
In the past week or so, renowned investors Carl Icahn and Mario Gabelli led some huge insider buying. These were not the only notable purchases though.
Billionaire Chase Coleman III Completely Sells Out of DexCom and Gambles the Proceeds on This Stock
Chase Coleman III is the founder of Tiger Global Management. Coleman’s hedge fund is a whale with nearly $56 billion in assets under management gathered from 42 wealthy clients. As 24/7 Wall…
3 Stocks Down 20% Or More That Are Must Buys Now
It’s time to buy on the dip. The only problem? There aren’t many to choose from. Of the 503 S&P 500 stocks, 229 are currently up more than 20% year-to-date, compared to…
Can These 3 Nasdaq 100 Laggards Rebound in September?
Investors have been on a roller coaster ride for the past four years and the stock market may be heading into another big loop higher. Federal Reserve chairman Jay Powell gave his…
Thursday’s Top Analyst Upgrades and Downgrades: Abbott Labs, Carnival, Delta Air Lines, First Republic Bank, Lululemon, Macy’s, Marathon Petroleum, Micron Technology and More
Thursday's top analyst upgrades and downgrades included Abbott Laboratories, Carnival, Deere, Delta Air Lines, DexCom, Enovix, First Republic Bank, GitLab, Hartford Financial Services, Interpublic Group, Invesco, Lululemon Athletica, Macy’s, Marathon Petroleum, Medtronic,…
Before the Bell: Change in the S&P 500, Rivian to Issue More Debt
U.S. equities are trading somewhat higher in Tuesday's premarket session as investors wait to hear what Federal Reserve chief Jerome Powell has to say to Congress.
Before the Bell: SEC, New York Takes Aim at Crypto Exchange Paxos; Little Biotech Merger Punches Above Its Weight
Another cryptocurrency exchange is in hot water, and a little-known penny stock is making a big noise on a merger announcement.
Friday’s Top Analyst Upgrades and Downgrades: Datadog, Las Vegas Sands, Lyft, Nasdaq, Match, Pfizer, Walmart and More
Friday's top analyst upgrades and downgrades included Datadog, DexCom, Exelixis, Lam Research, Las Vegas Sands, Lyft, Match, Nasdaq, Next Era Energy, Norfolk Southern, Pfizer, Walmart and Wolfspeed.
Jefferies Makes Massive 2023 Changes to ‘Strong Buy’ Franchise List of Top Stock Picks
After a horrific year in the markets, Jefferies has made some big changes to its Franchise Picks list of top stocks. These eight outstanding additions to the list have plenty of upside…
Wednesday’s Top Analyst Upgrades and Downgrades: AMD, Amazon, Emerson Electric, Intel, Microsoft, Paramount, Rivian, Rocket Companies and More
Wednesday's top analyst upgrades and downgrades included Advanced Micro Devices, AES, Amazon.com, CommScope, Emerson Electric, Intel, Leslie’s, Microsoft, Paramount Global, Prologis, Rivian Automotive and Rocket Companies.