Radhika Saraogi

5 days ago | tipranks.com | Radhika Saraogi

Costco’s (COST) better-than-expected Q3 results impressed analysts, leading to several price target upgrades. Despite economic uncertainty and tariff pressures, Costco’s value-driven strategy, strong membership growth, and resilient comparable sales have positioned it as a major player in the sector. Also, analysts are optimistic about its ability to sustain long-term growth.

5 days ago | tipranks.com | Radhika Saraogi

U.S. stock futures fell early Monday as investor concerns over the U.S.-China trade war rose again, with new tariff disputes and stalled negotiations. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 (SPX) were down 0.71%, 0.47%, and 0.52%, respectively, at 4:29 a.m. EST, June 2.

5 days ago | tipranks.com | Radhika Saraogi

Skechers USA Inc. (SKX) is facing a lawsuit over its $9.4 billion buyout by private equity firm 3G Capital. A shareholder lawsuit, filed by the Key West Police Officers and Firefighters Retirement Plan, claims the footwear giant did not share enough details about the deal, causing concerns about fairness and transparency.

5 days ago | blog.tipranks.com | Radhika Saraogi

Telehealth company Hims & Hers Health ($HIMS) is reducing its workforce by 4%, impacting 68 of its over 1,600 global employees, according to a Bloomberg report. This move comes after a recent U.S. ban on the mass production of compounded versions of the weight-loss drug Wegovy. While the company confirmed the layoffs, it clarified that these job cuts were not directly related to the compounding ban but rather to improve operational efficiency across various teams.

1 week ago | blog.tipranks.com | Radhika Saraogi

Amid the chaos caused by President Trump’s tariffs, value stocks present opportunities for investors seeking stability in the market. Value investing involves picking stocks that appear to be trading lower than their intrinsic or book value. This approach involves looking for undervalued stocks with strong fundamentals and growth potential. By investing in these stocks, investors can achieve significant returns once the market recognizes their true value.