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Yahoo
12 hours ago
- Business
- Yahoo
How is Cooper Companies' Stock Performance Compared to Other Medical Instruments & Supplies Stocks?
San Ramon, California-based The Cooper Companies, Inc. (COO) is a global medical device company that develops, manufactures, and markets contact lenses. With a market cap of around $14 billion, the company operates in two segments, CooperVision and CooperSurgical. Companies worth $10 billion or more are generally described as 'large-cap' stocks, and Cooper Companies fits this criterion perfectly. The company specializes in contact lenses and eye care products, and also offers a wide range of medical devices and fertility solutions for women's health. It focuses on innovation, patient outcomes, and global expansion to drive long-term growth across healthcare markets. OpenAI CEO Sam Altman Says 'We Are Heading Towards a World Where AI Will Just Have Unbelievable Context on Your Life' Archer Aviation Is Betting Big on Its Fledgling Defense Business. Does That Make ACHR Stock a Buy Here? Unusual Call Options Activity in Marvell Technology Highlights the Value of MRVL Stock Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Shares of Cooper Companies have declined 37.9% from its 52-week high of $112.38. COO stock has dropped 12.8% over the past three months, a steeper decline than the First Trust Indxx Global Medical Devices ETF's (MDEV) 2.3% decrease. Longer term, shares of COO have plunged 24.1% on a YTD basis, notably underperforming MDEV's nearly 2.7% downtick over the same time frame. Moreover, Cooper's stock has fallen 23.8% over the past 52 weeks, compared to MDEV's marginal dip. Despite some fluctuations, the stock has been trading below its 50-day moving average since late October last year and its 200-day moving average since early December last year. Despite posting strong Q2 2025 results on May 29, shares of COO tumbled 14.6% the next day. Quarterly revenue rose 6.3% year-over-year to $1 billion, exceeding Street expectations, while adjusted EPS increased 19.6% year-over-year to $0.96, also beating estimates. However, the stock declined as the company lowered its full-year organic growth outlook to 5% to 6%, down from the previous forecast of 6% to 8%, which dampened investor sentiment. Compared to its rival, Align Technology, Inc. (ALGN) has slightly underperformed the COO stock over the past 52 weeks, decreasing 25.7%. However, shares of ALGN have declined 13.7% YTD, a less pronounced dip compared to COO stock. Although COO has underperformed, analysts are moderately optimistic about its prospects. The stock has a consensus rating of 'Moderate Buy' from the 16 analysts covering the stock. As of writing, the stock is trading below the mean price target of $94.87. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Toronto Star
13 hours ago
- General
- Toronto Star
Rebuilding one of the nation's oldest Black churches begins at Juneteenth ceremony
WILLIAMSBURG, Va. (AP) — The rebuilding of one of the nation's oldest Black churches, whose congregants first gathered outdoors in secret before constructing a wooden meetinghouse in Virginia, started Thursday with a ceremonial groundbreaking. The First Baptist Church of Williamsburg officially established itself in 1776, although parishioners met before then in fields and under trees in defiance of laws that prevented African Americans from congregating. Free and enslaved members erected the original church house around 1805, laying the foundation with recycled bricks.
Business Insider
13 hours ago
- Politics
- Business Insider
Nigeria will hold a powerful card should World War III happen - Ben Murray-Bruce
With the hostilities across the globe, including the recent bout between Israel and Iran, it seems like the threat of World War III looms with each passing year, leaving the state of Africa's future in question. While some think Africa would be negatively affected, Ben Murray-Bruce projected that Nigeria, would be in an advantageous position. Global tensions are heightened by conflicts in the Middle East, Ukraine, and strategic actions by major world powers. Former Nigerian senator Ben Murray-Bruce predicts the inevitability of World War III due to nuclear proliferation and volatile leadership. He emphasizes Africa's non-involvement due to its peaceful diplomatic stance and lack of territorial ambition. Geopolitical fault lines are spreading as a result of the ongoing conflict in the Middle East, the war in Ukraine, and rising tensions among global giants such as the United States, Russia, China, and Iran. The prospect of these sparks igniting a worldwide conflagration, possibly World War III, is no longer the stuff of dystopian fiction. Adding weight to this concern is a bold statement by Ben Murray-Bruce, founder of Silverbird Group and former Nigerian senator, as reported by the Punch. In a recent interview with Global Affairs Expert Dane Waters, Murray-Bruce warned that another world war is 'inevitable,' citing the surge in nuclear armaments and the alarming presence of 'trigger-happy' leaders at the helm of powerful nations. 'We're in big trouble and as long as we have the kind of leaders we have in the world today, I see World War Three coming and it's going to be terrible,' he stated. The Middle East remains a major hotspot for conflict. The continuing battle in Gaza, Israeli-Iranian tensions, and the involvement of global forces on opposite sides of these wars all increase the risks. Add to that China's strategic military posture in the South China Sea and Russia's ongoing conflict against Ukraine, and the circumstances for a larger, deadlier conflict look ominously ripe. Murray-Bruce referenced historical events, stating, 'I think we are in trouble. I think there's too much violence in the world today. I think access to weapons is easy. I think we have a lot of trigger-happy leaders across the world, and because they are trigger-happy, they don't care. He added, 'We have a lot of despots and crazy people. So, war is inevitable. It goes back to like 1945, 1939, 1917. First world war, second world war, Korean war, Vietnam war. 'I think there are many crazy people in the world, and as long as we elect crazy people into leadership positions, this is what we're going to have because it's the leaders that cause the war, not the people.' Nigeria's Projection from Ben Murray-Bruce in the face of a third World War Despite this grim prognosis, Murray-Bruce has a rather optimistic view of Africa, particularly Nigeria. He argues that, while World War III might devastate most of the industrialized world, countries such as Nigeria may be spared the consequences. His explanation is twofold: Africa's overall lack of nuclear ambitions and its largely benign diplomatic posture. 'The beauty of World War III is that it's not going to affect Africa. Africa will be spared. You guys are going to fight all across the world, but we are going to be safe in Nigeria,' Murray-Bruce stated. 'Nobody is going to be fighting in Nigeria because we have no territorial ambitions, we have no desire to acquire nuclear weapons, we don't want to fight anybody, we're friends with all our West African neighbours,' he added. He also suggested that Nigeria might be able to accept displaced people from the West after a world war, but only under stringent visa requirements. 'So yeah, there's going to be a World War III, the rest of the world will be destroyed, and we'll be happy to welcome Americans, Israelis, and Iranians to Nigeria,' he said.
Yahoo
4 days ago
- Business
- Yahoo
Should First Trust Mid Cap Core AlphaDEX ETF (FNX) Be on Your Investing Radar?
Launched on 05/08/2007, the First Trust Mid Cap Core AlphaDEX ETF (FNX) is a passively managed exchange traded fund designed to provide a broad exposure to the Mid Cap Blend segment of the US equity market. The fund is sponsored by First Trust Advisors. It has amassed assets over $1.11 billion, making it one of the average sized ETFs attempting to match the Mid Cap Blend segment of the US equity market. Mid cap companies, with market capitalization in the range of $2 billion and $10 billion, offer investors many things that small and large companies don't, including less risk and higher growth opportunities. Thus they have a nice balance of growth potential and stability. Blend ETFs usually hold a mix of growth and value stocks as well as stocks that exhibit both value and growth characteristics. Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive counterparts if all other fundamentals are the same. Annual operating expenses for this ETF are 0.58%, making it one of the more expensive products in the space. It has a 12-month trailing dividend yield of 1.39%. It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation to the Financials sector--about 20.30% of the portfolio. Consumer Discretionary and Industrials round out the top three. Looking at individual holdings, Hims & Hers Health, Inc. (HIMS) accounts for about 0.51% of total assets, followed by Leonardo Drs, Inc. (DRS) and Duolingo, Inc. (DUOL). The top 10 holdings account for about 4.48% of total assets under management. FNX seeks to match the performance of the Nasdaq AlphaDEX Mid Cap Core Index before fees and expenses. The NASDAQ AlphaDEX Mid Cap Core Index is an enhanced index which employs the AlphaDEX stock selection methodology to select stocks from the NASDAQ US 600 Mid Cap Index. The ETF has lost about -3.30% so far this year and it's up approximately 4.26% in the last one year (as of 06/16/2025). In the past 52-week period, it has traded between $94.92 and $127.28. The ETF has a beta of 1.10 and standard deviation of 21.11% for the trailing three-year period, making it a medium risk choice in the space. With about 451 holdings, it effectively diversifies company-specific risk. First Trust Mid Cap Core AlphaDEX ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, FNX is a reasonable option for those seeking exposure to the Style Box - Mid Cap Blend area of the market. Investors might also want to consider some other ETF options in the space. The Vanguard Mid-Cap ETF (VO) and the iShares Core S&P Mid-Cap ETF (IJH) track a similar index. While Vanguard Mid-Cap ETF has $79.98 billion in assets, iShares Core S&P Mid-Cap ETF has $91.94 billion. VO has an expense ratio of 0.04% and IJH charges 0.05%. Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Trust Mid Cap Core AlphaDEX ETF (FNX): ETF Research Reports iShares Core S&P Mid-Cap ETF (IJH): ETF Research Reports Vanguard Mid-Cap ETF (VO): ETF Research Reports Hims & Hers Health, Inc. (HIMS) : Free Stock Analysis Report Duolingo, Inc. (DUOL) : Free Stock Analysis Report Leonardo DRS, Inc. (DRS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Irish Independent
5 days ago
- Sport
- Irish Independent
JR Wilson is Dundalk FC's first summer signing
SSE Airtricity Men's First Division The Argus Today at 05:30 New signing JR Wilson is hoping the experience he will bring to Dundalk FC can help propel his new side to the title. The 26-year-old full back is closing in on 200 career appearances having previously lined out for Bohemians, Shelbourne, Bray Wanderers, Sligo Rovers and, most recently, Athlone Town – where he played 15 games this season before his release last month as part of cost-cutting measures at the Midlands club.
