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Month: May 2021
Stock Investing

Planet Fitness Inc. (PLNT) Stock: Is It Time To Buy? Here is the INSIGHT

Planet Fitness (PLNT), one of the world’s largest gym chains, is gradually regaining its strength after an incredibly difficult 2020. Despite a lack of sales growth, the company sees visitors return to the newly opened halls, which is an excellent sign for the future. With Planet Fitness’s franchise business model, the company persevered in the most challenging times during COVID-19. There are less than 5% Planet Fitness-branded gyms that are owned directly by the company. As a result, the network can be managed more efficiently, allowing the business to sustain itself in difficult times. Planet Fitness (PLNT) enjoys several competitive
Stock Investing

The Morgan Stanley Analysts Believes The Amazon (AMZN) Era Is Not Over Yet Says

Amazon.com Inc. (AMZN) may almost double in value by 2023, say analysts at Morgan Stanley. An investment bank Morgan Stanley released a brief policy Monday, May 17, discussing how it sees one of Amazon’s largest online retailers in the future. Experts at the bank predict that Amazon’s shares will be worth about $ 6,000 in only two years. This represents an increase of about 80 % over the current price. The Morgan Stanley thesis is created using the PEG ratio (stock price versus earnings per share versus expected future earnings) of Amazon and other retailers. Amazon’s PEG is about 1.2,
Stock Investing

Reasons why investors should trust Trimble Inc. (TRMB) for the long-term      

Trimble Inc. (TRMB), which makes automation tools for agricultural and industrial equipment, released its first-quarter earnings last week. Record sales and positive expectations fueled the growth in quotes. On May 10, TRMB traded at $ 77.74. During the past quarter, Trimble was able to benefit from the recovery in its target markets. Revenue increased 12 % year-over-year to a record $ 886.5 million. Its recurring ARR revenue rose 9 % to $ 1.32 billion, its GAAP net income reached $114.5 million, and its earnings per common share reached $0.45. Operating cash flow increased 26 % to $ 744.5 million. Trimble
Stock Investing

Why Kellogg Company [K] Stock Still Has Countless Sunny Days Ahead       

Kellogg Company (NYSE: K) released its quarterly report for the first quarter of 2021. The company is now not expecting a decline in sales. Investors expect this to be a positive sign, considering a strong 2020 outlook for the industry. Last trading session, K stock closed at $67.53 after it gained 7.07%. The trading volume was 12.59 million shares below the average volume for the past 50 days of 3.15 million shares. The shares of Kellogg Company have gained 7.65% in the last five days; however, they have gained 6.06% in the past month. Over the last three months, the

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