Advanced Micro Devices (AMD) shares climbed on Monday, extending Friday's rally. The semiconductor company got another  another price-target hike in less than a week, and this time it came from analysts at Cowen.This follows Friday’s price target upgrade (to $50 from $44) by RBC Capital Markets analyst Mitch Steves on what he perceives as improving demand for data-center products.  Cowen analyst Matthew Ramsay increased his one-year price target on AMD shares to $47 from $40.
Roku got a price target hike from Bank of America Merrill Lynch. Analysts at the bank raised their price target on the video streaming platform’s shares to $160 from $150. Analyst Ziv Israel indicated that lower device average selling prices and new smart TV offerings imply a solid outsize growth for the fourth quarter. Roku recently announced shopping deals including $30 discount on the Roku Smart Soundbar, which will then retail for $150 between Nov. 24 and Dec. 7;  the Roku Streaming Stick+ to retail for $30 (after a $20 cut) between Nov. 24 and Dec. 2.; Roku Ultra, whose price will be slashed by half to $50 between Nov. 28 and Dec. 2.   
However, the company did express concerns about the impact of protests in Hong Kong. The outdoor apparel maker reported adjusted earnings of  57 Canadian cents a share for the quarter, ahead of analysts' expectations of 43 cents. Revenue increased +28% from a year ago to  C$294.0 million ($221.6 million), surpassing the Street estimate of C$266.8 million. Wholesale revenue expanded +22% to C$219.8 million, exceeding analysts' forecast of C$193.5 million.Direct-to-consumer revenue surged +47% to C$74.2 million, on the back of incremental revenue from new retail stores, and beat expectations of C$73.7 million, Canada Goose recently opened a second store in Hong Kong.
One company that dropped was NextEra Energy (NYSE: NEE), but in its case, the loss was bigger than some of the other stocks. From the end of October through November 8, NextEra dropped 6.82% while the Utilities Select Sector SPDR (NYSE:XLU) fell 3.89%.This seems a little odd because NextEra is the number one rated stock in Investor's Business Daily's electric utilities group. The company has seen its earnings grow by 11% per year over the last three years and they were up 10% last quarter.
The price of oil has been trending lower over the last seven months with the price putting in a series of lower highs since peaking at $66.60 in April.The price spiked in September when the attacks occurred on Saudi Aramco's production facilities, but have since fallen back down as the production interruption was minimal. With oil trending lower, many big oil companies have seen their stock prices trend lower with the price of oil and ConocoPhillips (NYSE: COP) is one of those companies.
Tilray Inc. shares extended declines in pre-market trading Wednesday, after the company reported a wider-than-expected third quarter loss on sharp decline in Candian pot prices. For the three months ending in September, the cannabis company’s loss came in at -36 cents per share, 7 cents wider than the Street consensus expectation. Revenues  jumped four-fold from the year-ago quarter to $51.1 million. However, the average selling prices halved to $3.25 per gram and spending costs climbed nearly four times higher compared to last year – factors that squeezed Tilray’s bottom line. Looking ahead, Tilray projects inventory levels to begin to decrease in 2020.Inventories  have had been rising following Canada's legalization of recreational marijuana use in October of last year.
Nike is focusing more on boosting its own online platform instead. The news comes just ahead of one of the biggest holiday shopping seasons, and marks the end of a pilot program that started in 2017.Under the pilot program, Nike acted as a wholesaler to Amazon, instead of selling via third-party merchants. “As part of Nike’s focus on elevating consumer experiences through more direct, personal relationships, we have made the decision to complete our current pilot with Amazon Retail,” Nike said in a statement.
Applied Materials got a price-target boost from Stifel research analyst Patrick Ho on expectation of an optimistic outlook for the company's 2020 performance. Ahead of the semiconductor company’s fourth-quarter results scheduled to release on Thursday, Ho raised his one-year price target on its shares to $67 from $57.The analyst maintained his buy rating on the stock. According to Ho, large-cap companies like Applied Materials should have higher multiples, when compared with its semiconductor peers.
Cisco Systems (Nasdaq: CSCO) is set to report fiscal first quarter earnings on Wednesday, November 13, after the closing bell.The indicators did make a bearish crossover on November 11. One other thing we see on the daily chart is that the 10-day moving average just crossed bullishly above the 50-day moving average.
CBS Corp. posted third quarter earnings that beat expectations.But ad revenues were -7% lower, compared to last year. In December, CBS is expected to complete its $30 billion merger with Viacom Inc.
Alibaba Group Holding Ltd.'s Singles Day shopping festival registered a record $38.4 billion in sales Monday. The e-commerce giant saw 10 billion yuan ($1.43 billion) in sales over the first 90 seconds of the event.Total Singles Day sales touched $38.379 billion in gross merchandise value this year, surpassing last year's 24-hour total of $30.8 billion. This year’s sales growth of 26% was faster compared to last year's 21%.
One of them had some valuation concerns, though. Analysts at UBS increased their price target on the semiconductor company’s shares to $240  from $195, citing the company's 2020 product cycle and its multiple.Seymore boosted his price target to $190 from $160, which is still below the company's nearly $208 closing price Friday. The analyst views tailwinds in NVDA's ability to address a wide range of rapidly growing sectors (artificial intelligence, data center, gaming, advanced driver assistance systems/audio-visual, etc.
Burlington Stores stock coverage was initiated by an RBC Capital analyst with an outperform rating. RBC Capital analyst Kate Fitzsimmons expects the off-price department store retailer to continue to narrow its margin gap relative to peers, particularly under the leadership of a new CEO. Michael O'Sullivan came in as chief executive of Burlington in September.The analyst has set a price target at $230 for the shares. 
Walmart (NYSE: WMT) is scheduled to report earnings before the open this Thursday, November 14 and that will kick off a stretch of big earnings reports from various retailers over a short period of time.Over the course of five trading days we will get reports from Walmart, Home Depot (NYSE: HD), Kohls (NYSE: KSS), TJX Companies (NYSE: TJX), Lowes (NYSE: LOW), and Target (NYSE: TGT). The six stocks listed are from different segments of the retail industry, but we see in the table below that there are some really good fundamental and technical statistics for the group as a whole.
The sector has been trending higher over the last month as those earnings reports have been released, but many of the stocks are now in overbought territory based on their daily stochastic readings.On November 7, four of top six holdings in the VanEck Vectors Oil Services ETF (NYSE: OIH) appeared on a bearish scan that I run each night.
Twilio got a re-affimed rating from RBC Capital analyst . RBC Capital analyst Alex Zukin reiterated his outperform rating on shares of the cloud communications platform as a service company."In terms of the election, while guidance for next year will include some contribution, if all political campaigns were considered together and all used Twilio (both of which are very aggressive assumptions), it could be a 10% customer," Zukin wrote.  
Qualcomm stock got downgraded Morgan Stanley analysts, sending the shares lower on Monday. Morgan Stanley analysts reduced their rating on the semiconductor company to equal weight from overweight, while indicating that the stock's valuation gap relative to its industry peers has closed following recent gains.He hiked his price target on the stock to $90 from $89. Faucette suggested that Qualcomm shares’ momentum in recent months amid tariff uncertainties coupled  with an antitrust lawsuit by the Federal Trade Commission currently being appealed by Qualcomm would mean that potential positive opportunities will likely take longer to have a substantial effect on results.
Facebook's Instagram will begin testing hiding "likes" from U.S. viewers next week. At the Wired25 conference, Instagram CEO Adam Mosseri announced, "We're testing making like counts private".Mosseri also said, “We will make decisions that hurt the business if they help people’s well-being and health”.
Gap Inc. lowered its full-year earnings outlook.The FactSet consensus estimate is $1.86 per share. CFO Teri List-Stoll cited macro impacts and slower traffic as additional headwinds to results that have been affected by “product and operating challenges across key brands”. Separately, Gap announced that Art Peck is leaving the company.
Sea Limited (NYSE: SE) is an electronic gaming and multimedia company based in Singapore.With the negative readings in these key indicators, the Tickeron SMR rating for Sea Ltd. is 100, the worst rating a company can get.
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