[Happy] [Happy] [Happy] 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…Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.