Latest news with #recommendations
Yahoo
15 hours ago
- Business
- Yahoo
MongoDB (MDB) Is Considered a Good Investment by Brokers: Is That True?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about MongoDB (MDB) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. MongoDB currently has an average brokerage recommendation (ABR) of 1.54, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 35 brokerage firms. An ABR of 1.54 approximates between Strong Buy and Buy. Of the 35 recommendations that derive the current ABR, 24 are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 68.6% and 8.6% of all recommendations. Check price target & stock forecast for MongoDB here>>> While the ABR calls for buying MongoDB, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential. Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations. In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement. Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision. Although both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether. The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them. In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research. In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks. Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements. In terms of earnings estimate revisions for MongoDB, the Zacks Consensus Estimate for the current year has increased 15.8% over the past month to $3.03. Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for MongoDB. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Therefore, the Buy-equivalent ABR for MongoDB may serve as a useful guide for investors. 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 MongoDB, Inc. (MDB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
a day ago
- Business
- Yahoo
OpenAI hires team behind AI recommendation startup Crossing Minds
Crossing Minds, a startup that provides AI recommendation systems to e-commerce businesses, said on Thursday that its team is joining OpenAI. The startup was backed by Index Ventures, Shopify, Plug and Play, and Radical Ventures, and had raised more than $13.5 million across multiple rounds, according to Crunchbase. Crossing Minds largely worked with e-commerce companies to improve their personalization and recommendation systems. The company claims it studies customers' on-site behavior data to gather insights on their shopping preferences without compromising privacy. 'Joining OpenAI allows us to bring our work — and our values — into a mission we deeply respect: to ensure artificial general intelligence benefits all of humanity. We're thrilled to bring our experience and energy to a team that's setting the direction for the future of AI. We're excited to learn, to contribute, and to help shape what's next,' the startup's co-founders wrote in a post on its website. Alexandre Robicquet, one of the co-founders, has updated his bio on LinkedIn, which now reads 'Research, Post-training and Agents at OpenAI.' It is not clear if all of Crossing Minds' team is joining OpenAI. Crossing Minds' website also says that the company won't take up any more clients. Per its archived 'About' page, Crossing Mind previously said it was trusted by Intuit, Anthropic, Udacity and Chanel. AI companies have built a plethora of tools to help customers shop. Google and Perplexity have launched AI features to improve recommendations, while startups like Daydream have received massive investments to launch AI shopping assistants. Earlier this year, OpenAI updated ChatGPT to provide recommendations, images, and reviews for items its users ask questions about. OpenAI didn't immediately return a request for comment. 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
TechCrunch
a day ago
- Business
- TechCrunch
OpenAI hires team behind AI recommendation startup Crossing Minds
Crossing Minds, a startup that provides AI recommendation systems to e-commerce businesses, said on Thursday that its team is joining OpenAI. The startup was backed by Index Ventures, Shopify, Plug and Play, and Radical Ventures, and had raised more than $13.5 million across multiple rounds, according to Crunchbase. Crossing Minds largely worked with e-commerce companies to improve their personalization and recommendation systems. The company claims it studies customers' on-site behavior data to gather insights on their shopping preferences without compromising privacy. 'Joining OpenAI allows us to bring our work — and our values — into a mission we deeply respect: to ensure artificial general intelligence benefits all of humanity. We're thrilled to bring our experience and energy to a team that's setting the direction for the future of AI. We're excited to learn, to contribute, and to help shape what's next,' the startup's co-founders wrote in a post on its website. Alexandre Robicquet, one of the co-founders, has updated his bio on LinkedIn, which now reads 'Research, Post-training and Agents at OpenAI.' It is not clear if all of Crossing Minds' team is joining OpenAI. Crossing Minds' website also says that the company won't take up any more clients. Per its archived 'About' page, Crossing Mind previously said it was trusted by Intuit, Anthropic, Udacity and Chanel. AI companies have built a plethora of tools to help customers shop. Google and Perplexity have launched AI features to improve recommendations, while startups like Daydream have received massive investments to launch AI shopping assistants. Techcrunch event Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Boston, MA | REGISTER NOW Earlier this year, OpenAI updated ChatGPT to provide recommendations, images, and reviews for items its users ask questions about. OpenAI didn't immediately return a request for comment.
The Guardian
a day ago
- Entertainment
- The Guardian
Tell us your favourite new podcasts of 2025 so far
We would like to hear about the new podcasts you have particularly enjoyed listening to so far this year. Is there a podcast from this year that has you rapt? Are there any new releases that you would recommend? Tell us your nomination and why you like it below. You can tell us your favourite new podcast of the year so far using this form. Please include as much detail as possible. Please note, the maximum file size is 5.7 MB. Your contact details are helpful so we can contact you for more information. They will only be seen by the Guardian. Your contact details are helpful so we can contact you for more information. They will only be seen by the Guardian. If you include other people's names please ask them first. If you're having trouble using the form, click here. Read terms of service here and privacy policy here.
Yahoo
19-06-2025
- Business
- Yahoo
Is It Worth Investing in On Holding (ONON) Based on Wall Street's Bullish Views?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about On Holding (ONON). On Holding currently has an average brokerage recommendation (ABR) of 1.30, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 23 brokerage firms. An ABR of 1.30 approximates between Strong Buy and Buy. Of the 23 recommendations that derive the current ABR, 19 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 82.6% and 4.4% of all recommendations. Check price target & stock forecast for On Holding here>>> While the ABR calls for buying On Holding, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential. Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations. In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement. With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision. In spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures. Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide. In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research. Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns. There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices. In terms of earnings estimate revisions for On Holding, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $1.15. Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for On Holding. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for On Holding. 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 On Holding AG (ONON) : 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
