Latest news with #5.7
Yahoo
14-06-2025
- Business
- Yahoo
Caesars Entertainment (CZR) Shares Jump on 'Buy' Reco
We recently published a list of . In this article, we are going to take a look at where Caesars Entertainment, Inc. (NASDAQ:CZR) stands against other top-performing companies on Tuesday. Caesars Entertainment rallied by 5.7 percent on Tuesday to close at $28.26 apiece as investors cheered bullish outlooks from two investment companies. In a market note, TD Cowen reaffirmed its 'buy' recommendation and $40 price target on Caesars Entertainment, Inc.'s (NASDAQ:CZR) stock, underscoring the company's robust cash flow and digital potential. The figure represented a 41.5 percent upside from its latest closing price. Meanwhile, JMP Securities also maintained its 'market outperform' rating on Caesars Entertainment, Inc. (NASDAQ:CZR) at a price target of $45, representing a 59-percent premium of its closing price on Tuesday. Given the continued softening in summer bookings, JMP Securities was confident about Caesars Entertainment, Inc.'s (NASDAQ:CZR) pricing strategy for non-gaming business segments, which has already been successful in the past. A general view of a luxury resort casino, surrounded by a beautiful landscape and illuminated at night. Additionally, the convention and group outlook, which has seen a year-to-date increase of 2 percent, is expected to serve as a medium-term catalyst for the company, potentially reaching record levels by 2026. Caesars Entertainment, Inc. (NASDAQ:CZR) is a hotel and gambling operator that operates more than 50 properties. Overall, CZR ranks 7th on our list of top-performing companies on Tuesday. While we acknowledge the potential of CZR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
13-06-2025
- Business
- Yahoo
Arm Holdings (ARM) Gets a ‘Hold' from Benchmark—But Its AI Momentum Is Hard to Ignore
Arm Holdings plc (NASDAQ:) is one of the . On June 12, Benchmark analyst Cody Acree reiterated a 'Hold' rating on the stock. The rating reaffirmation follows a virtual conference call with the company's Senior Director of Investor Relations, Alexis Waadt. Expressing optimism regarding Arm's strong fundamental performance drivers, the firm highlighted Arm's impressive 96.98% gross margin and 23.94% year-over-year revenue growth. The firm particularly noted Arm's globally expanding licensing opportunities, robust position in the mobile market, as well as recent growth drivers in AI PCs, data centers, and more. The company also boasts diverse revenue streams and strategic partnerships, and holds the flexibility to navigate market challenges and leverage upcoming opportunities in the AI landscape. Analysts on Wall Street currently have a consensus 'Buy' rating on the stock. The average price target of $147 implies a 5.7% upside; however, the Street-high target of $180 implies an upside of 29.4%. Arm Holdings plc (NASDAQ:ARM) is a semiconductor and software design company that designs and manufactures semiconductor technology and other related products. While we acknowledge the potential of ARM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.
Edmonton Journal
30-05-2025
- Business
- Edmonton Journal
Porter CEO battling CRA over tax bill from 'significant losses' from 'high-risk' pandemic trading
Article content OTTAWA — Porter Airlines' CEO is fighting the CRA over a six-figure tax bill linked to an unsuccessful incursion into 'high risk' trading in the early months of the COVID-19 pandemic that cost him over $5.7 million. When the COVID-19 pandemic hit Canada in March 2020, Porter's top executive Michael Deluce saw opportunity. As economies suddenly shuttered and investors scrambled to grapple with the global pandemics, markets experienced some of the largest one-day swings in nearly four decades.
Straits Times
26-05-2025
- Business
- Straits Times
Less than half of private uni grads find full-time jobs, despite slight increase in salaries
The median gross monthly salaries of those in full-time work in 2024 crept up to $3,500, compared with $3,400 in 2023. PHOTO: ST FILE Less than half of private uni grads find full-time jobs, despite slight increase in salaries SINGAPORE - Less than half of fresh graduates from private education institutions found full-time jobs in 2024, amid slowing economic growth and lower hiring demand. The latest Private Education Institution Graduate Employment Survey, released by SkillsFuture Singapore on April 26, showed that 46.4 per cent of fresh graduates found full-time work, compared with 58.7 per cent in 2023. More of these graduates found part-time or temporary work ( 24.2 per cent, up from 18.9 per cent in 2023), while fewer were doing freelance work ( 4.2 per cent, down from 5.7 per cent in 2023). Overall, of the 2,300 fresh graduates in the labour force – those who are working, or not working but actively looking and available for jobs – surveyed, 74.8 per cent found permanent, freelance or part-time jobs within six months of graduating, a drop from the 83.2 per cent in 2023. The median gross monthly salaries of those in full-time work in 2024 crept up to $3,500 , compared with $3,400 in 2023. Those from Parkway College of Nursing and Allied Health and ERC Institute, which offers degree courses in business and technology among others, took home the most pay at $4,000 , followed by graduates from the Singapore Institute of Management earned $3,600 . Fresh graduates from autonomous universities, such as Nanyang Technological University and the National University of Singapore, started with a median monthly salary of $4,500 , according to the joint employment survey for the 2024 cohort of these graduates. Results of the survey were released on Feb 24. About 79.5 per cent of graduates from autonomous universities secured full-time permanent roles within six months of graduation , with 6 per cen t doing part-time or temporary work, an d 1.6 per cent working freelance. Post-national service (post-NS) polytechnic graduates, meanwhile, started with a median monthly salary of $3,000 , up from $2,963 in 2023. The latest survey, conducted between November 2024 and March 2025, took responses from about 3,500 fresh graduates of full-time bachelor's degree-level graduates across 27 private institutions , including James Cook University, PSB Academy and Management Development Institute of Singapore. Out of this figure, about 2,300 graduates were in the labour force. The poll findings f ocused on employment outcomes of those who graduated between May 2023 and April 2024 from full-time bachelor's-level external degree programmes. Among 2024's graduates from private institutions, 28.3 per cent were either unemployed and looking for jobs, or in involuntary part-time or temporary employment. The figure was 10.7 per cent for graduates of autonomous universities, and 7.2 per cent for post-NS polytechnic graduates. Graduates from engineering courses in private institutions had the highest proportion in full-time permanent jobs at 55.3 per cent, followed closely by those in the sciences, at 51.8 per cent. Those from information and digital technologies commanded the highest median gross monthly salary at $4,080, followed by humanities and social sciences at $3,500. Salaries for engineering and arts-related graduates were not published due to small sample sizes. Gabrielle Chan is a journalist at The Straits Times, and covers everything related to education in Singapore. Join ST's WhatsApp Channel and get the latest news and must-reads.
Yahoo
22-05-2025
- Business
- Yahoo
1 Small-Cap Stock with Exciting Potential and 2 to Be Wary Of
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on. But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors. The downside that can come from buying these securities is precisely why we started StockStory - to isolate the long-term winners from the losers so you can invest with confidence. Keeping that in mind, here is one small-cap stock that could amplify your portfolio's returns and two that could be down big. Market Cap: $852.8 million Starting as a small millwork shop, American Woodmark (NASDAQ:AMWD) is a cabinet manufacturing company that helps customers from inspiration to installation. Why Do We Steer Clear of AMWD? Customers postponed purchases of its products and services this cycle as its revenue declined by 8.1% annually over the last two years Flat earnings per share over the last five years underperformed the sector average Capital intensity has ramped up over the last five years as its free cash flow margin decreased by 5.7 percentage points At $57.49 per share, American Woodmark trades at 7.6x forward P/E. Check out our free in-depth research report to learn more about why AMWD doesn't pass our bar. Market Cap: $9.16 billion Born from IBM's managed infrastructure services business in a 2021 spinoff, Kyndryl (NYSE:KD) is the world's largest IT infrastructure services provider that designs, builds, and manages technology environments for enterprise customers. Why Is KD Not Exciting? Products and services are facing significant end-market challenges during this cycle as sales have declined by 6% annually over the last four years Lacking free cash flow generation means it has few chances to reinvest for growth, repurchase shares, or distribute capital Negative returns on capital show management lost money while trying to expand the business Kyndryl is trading at $39.35 per share, or 19x forward P/E. Read our free research report to see why you should think twice about including KD in your portfolio, it's free. Market Cap: $9.00 billion The passion project of two chicken wing aficionados in Texas, Wingstop (NASDAQ:WING) is a popular fast-food chain known for its flavorful and crispy chicken wings offered in a variety of sauces and seasonings. Why Do We Love WING? Average same-store sales growth of 16.9% over the past two years indicates its restaurants are resonating with diners Healthy operating margin of 25.3% shows it's a well-run company with efficient processes Impressive free cash flow profitability enables the company to fund new investments or reward investors with share buybacks/dividends Wingstop's stock price of $320 implies a valuation ratio of 81.1x forward P/E. Is now a good time to buy? Find out in our full research report, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio
