It was a volatile week for to overall market, with the S&P 500 climbing about 1.2% before it retreated and ended the week down about 0.3%. But it was an even more volatile week for these three stocks. Netflix (NASDAQ: NFLX) saw its stock jump about 10% on Tuesday, following its better-than-expected first-quarter earnings release. Twitter stock was in the spotlight again on Friday when MKM Partners analyst Rob Sanderson changed his rating on the stock from neutral to buy (via Tech Trader Daily), giving the stock a $40 price target. Huberty, however, remained bullish on the stock, telling clients that a post-earnings dip could be a buying opportunity. But since Huberty's analyst note itself sparked a sell-off in Apple stock, helping already conservatively priced shares become even cheaper, the buying opportunity may have arrived early.
Alphabet’s (GOOGL) Google launched its smart speaker products in India in the second week of April 2018. The flagship Google Home goes for roughly $154 in India, whereas it costs $129 in the US. Google Home Mini, the lowest-priced smart speaker in Google’s portfolio, retails for roughly $77 in India, compared to $49 in the US.
Is Apple’s iPhone X a Disappointment or Not? FortuneApril 21, 2018. Those reports, however, followed a study from Counterpoint Research that suggested Apple’s iPhone X captured more profits in the fourth quarter than any other handsets. What’s more, all iPhone models combined to generate 90% of the smartphone market’s profits. So, is the iPhone, and more specifically the iPhone X, in trouble? In a note to investors this week, Mirabaud Securities analyst Neil Campling said that “the iPhone X is dead” and Apple will have no choice but to “discontinue” the handset this year. He cited a report from Apple manufacturing partner Taiwan Semiconductor (TSMC) that suggested its iPhone inventory is “at record highs.” Speaking to CNBC on Friday, Campling said the iPhone X’s problem is that it’s “too expensive.”.
It may sound unlikely, but Tesco (LSE: TSCO) is currently one of the top risers in the FTSE 100. Tesco’s share price has now risen by 45% from its 52-week low of 165p. But as I’ll explain, I think there’s good reason to expect further gains over the next couple of years. My Foolish colleague Kevin Godbold said recently that Tesco’s recovery was “anefficiency-driven rebound from a catastrophic earnings collapse and not a sustainable growth story”. I’m happy to admit that Tesco is unlikely to become the kind of dynamic growth business which can be found at the small-cap end of the market. But that doesn’t mean growth is unlikely.
Apple(NASDAQ: AAPL) is known for its steep prices and the $349 HomePod smart speaker that launched in January is no different. But unlike Apple's late-to-the-game entries into smartwatches and streaming devices, its Homepod offering isn't making the splash the company hoped. The tech giant has been forced to cut its sales forecasts and scale back some orders with one of its HomePod manufacturers, according to reports from Bloomberg. If these lackluster sales continue, the company will have trouble keeping up with other tech players in the smart home market. The Apple HomePod is by far the most expensive home speaker on the market. Apple wasn't able to get the HomePod out for its original release date in early December so it missed the bulk holiday orders. But even with a holiday launch, the device would have been way behind the field.
I believe the Lloyds(LSE: LLOY) share price is still far too cheap even after rising nearly 200% excluding dividends from its low of 22.2p printed at the end of 2011. It seems that, to some extent, the market still considers Lloyds to be a recovery play, and it is valuing it as such. But this is an incorrect interpretation of where the business is today and what it has achieved over the past decade. Indeed, today Lloyds is one of the most efficient and profitable banks in the whole of Europe and barring any significant unforeseen shocks, it is set to continue on this course for the foreseeable future. Add all of the above together and it quickly becomes apparent how undervalued the shares are today. Assuming the Lloyds share price valuation remains the same through 2020, if profits grow by 25% as targeted, I calculate the shares could be worth 83p, around 25% above current levels. If we throw dividends into the mix, the returns are set to be even higher.
TSB is finally cutting the last of its links to Lloyds Banking Group this weekend, completing its separation from the group’s technology systems almost five years — and hundreds of millions of pounds in ...
California regulators investigating worker safety at TeslaWorkplace safety regulators say they are investigating two incidents at automaker Tesla's factory in Northern California.AP | April 21, 2018, 11:11 IST. The New York Times reported Friday that the investigations come after the Center for Investigative Reporting catalogued a series of workplace injuries at Tesla. California's Division of Occupational Safety and Health said Friday that it had opened an investigation into an unspecified incident.The agency earlier said it was investigating an incident that resulted in a 30-year-old subcontractor breaking his jaw. Tesla officials say the center incorrectly counted injuries that occurred away from the factory in Fremont, which is 40 miles (64 kilometers) south of San Francisco.