Here’s Why You Should Avoid Zebra Technologies (ZBRA) Now

Zebra Technologies Corporation ZBRA has failed to impress investors with its recent operational performance due to low demand across end markets and foreign currency headwinds. These factors are likely to impede ZBRA’s earnings in the quarters ahead. Let’s discuss the factors that might continue taking a toll on this Zacks Rank #5 (Strong Sell) company.… Continue reading Here’s Why You Should Avoid Zebra Technologies (ZBRA) Now

BorgWarner (BWA) Outpaces Stock Market Gains: What You Should Know

BorgWarner (BWA) closed the most recent trading day at $40.03, moving +0.7% from the previous trading session. This move outpaced the S&P 500’s daily gain of 0.14%. Meanwhile, the Dow gained 0.22%, and the Nasdaq, a tech-heavy index, added 0.09%. Heading into today, shares of the auto parts supplier had lost 4.15% over the past… Continue reading BorgWarner (BWA) Outpaces Stock Market Gains: What You Should Know

Goodyear Tire to cut around 1,200 jobs in restructuring drive

(Reuters) – Goodyear Tire & Rubber has approved a rationalization and workforce reorganization plan in Europe, the Middle East and Africa that would lead to 1,200 job cuts, the company said in a regulatory filing on Friday. The decision comes after activist investor Elliott Investment Management in May criticized Goodyear for mismanagement and lagging behind… Continue reading Goodyear Tire to cut around 1,200 jobs in restructuring drive

Tesla Vs. BYD 2023: EV Giants Both Hitting Key Resistance

Reuters China car sales return to growth in Aug, Tesla nearly doubles EV share BEIJING/SHANGHAI (Reuters) -China’s passenger vehicle sales returned to growth in August year-on-year, as deeper discounts and tax breaks for environmentally friendly and electric vehicles boosted consumer sentiment even as economic growth remains weak. Car sales jumped 2.2% in August from the… Continue reading Tesla Vs. BYD 2023: EV Giants Both Hitting Key Resistance

Are You a Value Investor? This 1 Stock Could Be the Perfect Pick

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.… Continue reading Are You a Value Investor? This 1 Stock Could Be the Perfect Pick

UPDATE 1-Canada’s Magna expects to double EV parts, powertrain sales this year

(Updates with details from investor call and background throughout; adds shares) By Nathan Gomes Sept 7 (Reuters) – Canada’s Magna International said on Thursday it expects to “roughly” double sales at its unit that manufactures electric powertrains and parts for electric vehicles this year, as automakers rush to roll out more affordable greener models. Demand… Continue reading UPDATE 1-Canada’s Magna expects to double EV parts, powertrain sales this year

Should You Add Lear Corporation (LEA) to Your Holdings?

Diamond Hill Capital, an investment management company, released its “Mid Cap Strategy” second-quarter 2023 investor letter. A copy of the same can be downloaded here. The portfolio delivered positive results in the second quarter while modestly trailing the Russell Midcap Index. The healthcare holdings positively contributed to the relative performance while the information technology and materials… Continue reading Should You Add Lear Corporation (LEA) to Your Holdings?

Here’s Why It Is Worth Investing in Ingersoll Rand (IR) Stock

Ingersoll Rand Inc. IR is well-poised for growth, courtesy of the company’s solid product portfolio, innovation capabilities and focus on boosting its aftermarket businesses. Let’s delve into the factors, which make this Zacks Rank #1 (Strong Buy) company a smart investment choice at the moment. Business Strength: Ingersoll Rand’s Industrial Technologies & Services segment is… Continue reading Here’s Why It Is Worth Investing in Ingersoll Rand (IR) Stock

BorgWarner (BWA) Dips More Than Broader Markets: What You Should Know

BorgWarner (BWA) closed the most recent trading day at $39.75, moving -1.85% from the previous trading session. This change lagged the S&P 500’s daily loss of 0.32%. At the same time, the Dow added 0.17%, and the tech-heavy Nasdaq lost 0.89%. Coming into today, shares of the auto parts supplier had lost 4.32% in the… Continue reading BorgWarner (BWA) Dips More Than Broader Markets: What You Should Know

Implied Volatility Surging for Adient (ADNT) Stock Options

Investors in Adient plc ADNT need to pay close attention to the stock based on moves in the options market lately. That is because the Jan 19, 2024 $20.00 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is… Continue reading Implied Volatility Surging for Adient (ADNT) Stock Options