Section
The latest stocks coverage from the TrustFinance editorial desk.
Investment firm Raymond James has identified Crown Holdings, Silgan Holdings, and AptarGroup as its top picks in the packaging sector, citing strong demand for beverage cans and a recovery in specialty dispensing.
Options data indicates traders are anticipating a 3.9% move in Verizon's stock price following its earnings release on July 24. Historically, the stock's actual post-earnings move has exceeded this implied volatility in three of the last eight quarters.
Shares of Monster Beverage fell nearly 3% after briefly touching a new all-time high of $100.34, as investors took profits at the key technical level amid broader market weakness and lingering valuation concerns.
The company plans to list its common stock under the ticker symbol NUOX, with ThinkEquity serving as the underwriter for the initial public offering.
Options traders are anticipating a significant move in Charter Communications' stock following its earnings report on July 24. Historical data shows the stock has often surpassed these market expectations, signaling potential for high volatility.
Options traders are anticipating a 3.2% move in SLB shares following its earnings report on July 24. Historical data shows the stock has often exceeded these implied volatility levels in recent quarters.
Options trading in Western Union (WU) surged to over 10,000 contracts on Friday, with call options outnumbering puts by a nearly 20-to-1 ratio, signaling strong bullish sentiment among traders.
Shares of ethanol producer Green Plains jumped after UBS significantly raised its price target, citing a much-improved earnings outlook, though the firm maintained a Neutral rating on the stock.
An FCC commissioner has rebuked former President Donald Trump's call to revoke the broadcast licenses of Disney's ABC and Comcast's NBC, citing First Amendment protections for editorial decisions. The statement came after the networks declined to air a recent speech by the former president.
