Analyst John Freeman says Pitney’s strong third-quarter earnings report, including revenue growth of 11% on a two-year basis, suggests the company has reached an inflection point as it pushes to help companies bridge the gap between software-based ecosystems and physical goods shipping services. Pitney Bowes specializes in mailroom automation systems and other facility management services. CFRA has a “buy” rating and a $15 price target for OTLY stock, which closed at $8.19 on Dec. Finally, Sundaram says Oatly’s near-term production and capacity headwinds are only temporary. However, Oatly currently trades at a significantly discounted enterprise value-sales multiple compared to Beyond Meat. With the stock trading at less than $9 per share, analyst Arun Sundaram says Oatly’s valuation is “too attractive to ignore.” Sundaram projects 33% compound annual revenue growth for Oatly over the next decade, higher than the 26% 10-year annual growth rate he projects for plant-based meat company Beyond Meat Inc. Oatly is the world’s largest oat milk producer. CFRA has a “strong buy” rating and a $9.38 price target for KGC stock, which closed at $5.20 on Dec. Miller projects that Kinross’ free cash flow will ramp up from $250 million in 2021 to around $1.2 billion in 2022, and says the stock will outperform as gold prices rise. The stock currently trades at a steep discount to peers on most major valuation metrics, including price-earnings ratio and enterprise multiple. Analyst Matthew Miller says Kinross has several growth projects and an attractive valuation. Kinross Gold recently dropped more than 10% after the Canadian gold miner announced a $1.42 billion buyout of Great Bear Resources Ltd. CFRA has a “buy” rating and a $5 price target for EDU stock, which closed at $2.20 on Dec. Ho says New Oriental has the cash position and digital resources needed to adjust its services for both regulatory compliance and profitability. The near-term regulatory outlook for New Oriental remains uncertain, but analyst Aaron Ho says the sell-off is a buying opportunity for long-term investors. The stock has taken a huge hit in 2021, dropping from 52-week highs of around $20 to less than $3 after the Chinese government announced a crackdown on for-profit after-school tutoring companies. New Oriental Education & Technology is one of the largest education companies in China. New Oriental Education & Technology Group Inc. ![]() Here are eight stocks under $10 to buy in December, according to CFRA. However, the CFRA Research analyst team has identified eight cheap, high-quality stocks that could be excellent buying opportunities for frugal investors. Many of these low-priced stocks have challenged business models or difficult near-term outlooks. Stocks priced at that level can be a red flag for investors that something is seriously wrong with a company. At this point, quality stocks trading for less than $10 per share are few and far between. The S&P 500 is heading into 2022 near all-time highs after more than doubling from its March 2020 lows. These stocks under $10 won’t break the bank. ![]()
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