Latest news with #Bernstein
Yahoo
4 hours ago
- Business
- Yahoo
Bernstein Reiterates $304 Price Target on Caterpillar (CAT) Amid Power Sector Expansion
Caterpillar Inc. (NYSE:CAT) is one of the 12 stocks that will make you rich in 10 years. On June 20, Bernstein SocGen Group maintained its 'Market Perform' rating and $304 price target on Caterpillar (NYSE:CAT) after touring its large engine facility in Indiana. Analysts cited capacity expansion and upcoming growth opportunities as potential profit drivers. Nestor Rizhniak/ Caterpillar is seen as well-positioned to benefit from rising global energy demand, with strong cash flows and a 55-year dividend streak. Bernstein highlighted opportunities in data center power, distributed systems, and natural gas operations—areas where Caterpillar is expanding through its Solar Turbines division and Titan 350 engine platform. Caterpillar Inc. (NYSE:CAT) is a global powerhouse in construction and mining machinery. Its operations are organized into three core segments: Construction Industries, Resource Industries, and Financial Products. While we acknowledge the potential of SAP 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. 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
Yahoo
18 hours ago
- Business
- Yahoo
Microsoft and IBM Hit Record Highs; Analysts See More AI Upside Ahead
Microsoft (MSFT, Financials) and IBM (IBM, Financials) both notched fresh highs Monday; shares of Microsoft rose nearly 2% to $486, while IBM added 3% to close at $289.18. The rally extends a strong yearIBM is up 33% so far; Microsoft has climbed 15%. Warning! GuruFocus has detected 6 Warning Sign with MSFT. Wall Street isn't calling a top yet; Bernstein said Microsoft's partnership with OpenAI could unlock major upside for Azure; Wedbush called the tech giant the AI front-runner. The average price target sits at $531about 9% above current levels. IBM also has momentum; Wedbush lifted its target to $325, citing strength in hybrid cloud and enterprise AI demand. The company recently launched tools to help businesses manage AI agents; it also reaffirmed its ambition to build a fault-tolerant quantum computer by decade's end. Both stocks are riding AI tailwinds; analysts believe the gains aren't done yet. This article first appeared on GuruFocus. 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
Yahoo
a day ago
- Business
- Yahoo
Bernstein Maintains Airbnb (ABNB) Buy Rating, Cites Growth and Cash Flow Strength
Airbnb, Inc. (NASDAQ:ABNB) ranks among the best consumer discretionary stocks to buy now. Despite recognizing Airbnb, Inc. (NASDAQ:ABNB)'s higher valuation than its rivals, Bernstein SocGen Group maintained its Outperform rating and $165 price target for the company on June 18. tanuha2001/ Bernstein noted that full-year GAAP profit before tax margins are now about the same for Airbnb, Inc. (NASDAQ:ABNB) and its rivals, and that first-quarter results are seasonally skewed. The firm added that Airbnb's somewhat higher consensus growth projection of 17% and higher free cash flow conversion of 28% support its valuation premium, indicating that the company is well priced according to current estimates. Bernstein's optimism stems from its belief that, despite first-quarter growth of 11% when accounting for calendar effects and potential acceleration from core markets, non-core segments, and new verticals, Airbnb's multiple is primarily driven by expected mid-term revenue growth rates, which the consensus currently places at about 9.5%. San Francisco-based Airbnb, Inc. (NASDAQ:ABNB) runs an online marketplace that links homeowners with travelers seeking accommodation. While we acknowledge the potential of ABNB 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 More: and Disclosure: None. Sign in to access your portfolio
Yahoo
a day ago
- Business
- Yahoo
TJX Stock Rated Outperform as Bernstein Cites Strong Supply Chain and Growth Outlook
The TJX Companies, Inc. (NYSE:TJX) ranks among the best consumer discretionary stocks to buy now. On June 18, Bernstein SocGen Group maintained its $145 price target and Outperform rating on The TJX Companies, Inc. (NYSE:TJX). According to the firm, TJX is 'one of the few macro-proof US retail names this year'. Bernstein remained optimistic regarding TJX's supply availability, pointing out that it hasn't accumulated inventory to protect itself against supply or tariff concerns, in contrast to its off-price peers. In order to get better prices and respond to demand instantly, management has urged customers to make purchases closer to the time of need. Bernstein cited TJX's robust purchasing structure, size, vendor connections, and ability to concentrate on expanding markets like beauty as reasons for the company's optimism over supply availability this year. Bernstein predicts that TJX's earnings growth will stay comfortably over 10% over the medium term due to increases in comparable store sales, prospects for development, and potential for a gross margin increase. The TJX Companies, Inc. (NYSE:TJX) is a well-known off-price clothing and home fashion retailer. Its store brands include the likes of T.J. Maxx, Marshalls, and HomeGoods, as well as international names such as T.K. Maxx and Winners. While we acknowledge the potential of TJX 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 More: and Disclosure: None.
Yahoo
2 days ago
- Business
- Yahoo
Mastercard (MA) Receives 'Outperform' Rating From Bernstein SocGen
Mastercard Incorporated (NYSE:MA) is one of the 11 best performing Warren Buffett stocks in 2025. On June 3, the company's stock received an 'Outperform' rating from Bernstein SocGen, which was maintained from the previous decision. Bernstein also kept its price target of $607.00. Valeri Potapova / Bernstein's analysts believe that Mastercard can achieve sustained long-term revenue growth. This growth, the analysts say, will be driven by three key factors: Mastercard's international market presence; strategic partnerships, particularly the expansion of digital wallet partnerships with AliPay in Hong Kong and GCash; and significant investments in technology. Other contributors to the company's sustained growth include partnerships with OpenAI and investments in Stablecoins. The analysts also noted that Mastercard's Q1 2025 earnings report is a source of optimism. Mastercard's earnings per share (EPS) of $3.73 during the quarter exceeded Wall Street expectations ($3.57). Revenue came in at $7.3 billion against the anticipated $7.13 billion. Mastercard Incorporated (NYSE:MA) is a global technology company in the payments industry. It connects consumers, banks, merchants, governments, and businesses by enabling secure and efficient electronic payments. Its primary services include processing credit, debit, prepaid card transactions, and real-time account-based payments. While we acknowledge the potential of MA 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. Sign in to access your portfolio
