Barron’s Weekend Stock Picks: O’Reilly Automotive, Charter…

Barron’s Weekend Stock Picks: O’Reilly Automotive, Charter…


Benzinga reviews this weekend’s top stories covered by Barron’s. Here are the articles investors need to read.

This auto stock has outperformed Apple since 2021. What you should know,” by Teresa Rivas, the auto parts dealer notes O’Reilly Automotive ORLY beat consensus estimates after reporting strong first-quarter earnings last week. Rivas writes highly about the company’s stock, explaining that high vehicle prices combined with an uncertain economy have forced many Americans to spend their money on car repairs instead of new trips.

In “Hong Kong shares of Top Financial Group soar on Nasdaq like meme stock era,” Karishma Vanjani writes that several Chinese stocks, including trading platform top financial group TOPfinancial services company Magic Empire MEGL and wealth management platform AGBA Group Holding ABAhas recently seen a huge surge, bringing flashbacks to the meme-stock craze of two years ago.

See also: If you had invested $100 in Pepe Coin on April 17th, here is what you would have today:

In “Charter revenue missed estimates. Why the stock is going up‘ writes Emily Dattilo Charter Communication CHTR Despite reporting first-quarter results that fell short of expectations, there’s plenty to celebrate. The company posted revenue of $13.65 billion, up 3.4% year over year, and added almost double the number of cellular lines it installed the year before.

First solar stock on track for worst drop since 2020. There’s still room for hope‘ by Angela Palumbo, the manufacturer of solar modules points out first sun FSLR reported disappointing first-quarter earnings and revenue, but is confident that the recently enacted law to curb inflation will continue to help the company’s top line grow.

How activist investors are targeting companies in a troubled market‘ by Carleton English warns that certain companies need to be wary of activists already targeting large-cap companies such as Walt Disney DIS And


Source story

More to explorer