In a world clouded by high valuations and tiny shareholder yields, Verizon Communications (NYSE:VZ) shines through with its 6.7% dividend yield. The company’s wireless equipment revenue could soon surge if consumers decide to upgrade their iPhones. With capital expenditures expected to collapse in 2024 and beyond, the stock could continue to rebound. Therefore, I’m bullish on Verizon. It seems like nobody on Wall Street likes telecom stocks. But if you are bullish on AI, large language models, t
Ulta Beauty stock (NASDAQ:ULTA) has dipped by about 20% year-to-date. Yet, the more it falls, the more I am inclined to buy. As the leading specialty beauty retailer in the U.S., Ulta Beauty continues to deliver strong results. Although its sales growth has decelerated recently, scaring investors, Ulta remains highly profitable. Further, the company returns capital to shareholders aggressively. Along with shares trading at an attractive valuation, Ulta appears to have substantial upside potentia
Adobe (NASDAQ:ADBE – Get Free Report) issued an update on its third quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $4.50-4.55 for the period, compared to the consensus earnings per share estimate of $4.47. The company issued revenue guidance of $5.33-5.38 billion, compared to the consensus revenue estimate of […]
Korn Ferry (NYSE:KFY – Get Free Report) issued an update on its first quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $1.07-1.17 for the period, compared to the consensus earnings per share estimate of $1.06. The company issued revenue guidance of $655-675 million, compared to the consensus revenue estimate […]
Korn Ferry (NYSE:KFY – Get Free Report) issued an update on its first quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $1.07-1.17 for the period, compared to the consensus earnings per share estimate of $1.06. The company issued revenue guidance of $655-675 million, compared to the consensus revenue estimate […]