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All-time Highs Again: COST, AXP, ABBV, NXPI, DELL…

@WallStreet_Tiger
Judging by the TradingView data, 142 stocks reached all-time highs on Monday. And most of them are on the list for the umpteenth time. Below are some highlights of the all-time highs with a market capitalization of over $65 billion. $Costco(COST)$ Strong earnings and Walmart's foray into online advertising have raised speculation about $Costco(COST)$, known for consistently surpassing estimates. Costco is set to release earnings on March 7th, prompting interest in its performance and potential market response. $American Express(AXP)$ hits record on strong 2024 guidance,during the past 90 days, the shares have risen by more than 30%. From a financial standpoint, American Express shares are hardly overpriced, even following the latest spike. $Chubb(CB)$ ‘s revenues and earnings beat expectations. Looking ahead, revenue is expected to decline by 1.7% p.a. on average during the next 3 years, while revenues in the Insurance industry in the US are expected to grow by 5.8%. The $THE CIGNA GROUP(CI)$ shares acquired by LPL Financial LLC. CI is the highest overall rated company in the Health Care Plans industry with an overall score of 79. CI is up 15.50% so far this year after the company closed yesterday at $342.31. $McKesson(MCK)$ Shares surge 46.11% YTD, rated highest in the Medical Distribution industry. Kestra Advisory Services LLC buys MCK shares, Leerink Partners reaffirms "Outperform" rating. The average one-year price target for $Boston Scientific(BSX)$ has been revised to $72.24 / share. This is an increase of 10.12% from the prior estimate of 65.60 dated January 16, 2024. Elliott Wave Forecast that $AbbVie(ABBV)$ Bullish structure since July 2023, up over 11% in 2024. Plans to issue at least $13 billion in bonds for M&A. New CEO, Robert Michael, effective July 1st, 2024. $NXP Semiconductors NV(NXPI)$ Slight revenue increase from $13,205 million in 2022 to $13,276 million in 2023. Natixis Advisors L.P. reduces NXPI holdings. $Dell Technologies Inc.(DELL)$ Joins other PC vendors in AI ventures, set to release new devices including Dell Precision 3280 CFF and 3680 Tower workstations.
All-time Highs Again: COST, AXP, ABBV, NXPI, DELL…

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