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Why Pepsi, AutoZone, Albemarle, WM, GWW Hit ATH Silently?!

@WallStreet_Tiger
"US stocks have come out of the bottom," voices dancing in the market recently. Retail investors trying to seize opportunities. The volatility of many stocks has also increased recently, and many stocks have hit record highs in recent years. For like $Pepsi(PEP)$ , $AutoZone(AZO)$ , $W.W. Grainger(GWW)$ , $Waste Management(WM)$ ,$Northrop Grumman(NOC)$ . Below are some logical or information minght related to the above-mentioned 5 stocks' new highs, compiled by @WallStreet_Tiger. 1. $Pepsi(PEP)$; Market Value: $248.8 bLn; Insustry: Consumer Directional The first is the wellknown $Pepsi(PEP)$ . In the Q1 of 2022, Pepsi has raised prices across the board for its beverages. The main reason is that the global supply chain is disordered, the cost of raw materials and shipping has risen sharply, and labor shortages have led to a decline in profit levels. Although product prices have risen, consumer demand for beverages and snacks remains stable. According to the data for the Q1 of 2022, the sales performance still maintains a steady growth trend. PepsiCo's Q2 2022 financial report announced in July was better than Wall Street had expected also. Overall, PepsiCo's market is dominated by Europe and the United States and has maintained steady growth. PepsiCo expects core revenue to grow 10% in fiscal 2022, compared with an 8% forecast. Pepsi price target in Average is $181.00, High expect to $200, low expectations to $160. 2. $AutoZone(AZO)$; Market Value: $45.4 Bln ; Insustry: Cyclical Consumption Over the last 17 years, AutoZone, Inc. (NYSE:AZO) returned more than 20% annualized returns. Over the past six months, insiders have been scooping up shares, and those bets are now paying off handsomely. 38 hedge fund portfolios held AutoZone, Inc. (NYSE:AZO) at the end of the first quarter. Farnam Street Investments specifically mentioned about AutoZone, Inc. (NYSE:AZO) in its Q2 2022 investor letter: “The unit economics of AutoZone, Inc. (NYSE:AZO) are fascinating for a business analyst to unpack." AZO’s net sales increased 5.9% year-over-year to $3.86 billion in the fiscal 2022 third quarter ended May 7, 2022. Its operating profit amounted to $2.17 billion, up 14% year-over-year. Its EBITDAR improved 9.6% year-over-year to $4.07 billion. The company’s earnings per share came in at $29.03, registering an increase of 9.6% from the prior-year period. GuruFocus gives the company afinancial strength ratingof 4 out of 10 and aprofitability rating of 10 out of 10. Goldman Sachs upgraded AutoZone to "buy" from "neutral" in a research note on Monday, June 27. 3. $Waste Management(WM)$; Market Value: $72.3 bln; Insustry: Industrial - Waste Management Founded in 1968, WM is a well-deserved "leading brother" in the global solid waste field. In the capital market, it also performed well:From 2006 to 2019, WM's stock price increased by 366.36%, outperforming the S&P 500 index. WM is the exact type of investment that people can sit back and relax on during a bear market. As investors move from riskier stocks to safer ones, safe stocks like WM tend to command a premium relative to their performance. WM has proven its resilience in uncertain times, it is not affected by the economy. What's more, Waste Management continues to expand its business while investing in new revenue streams, for like the plan announced in May 2022, $Waste Management(WM)$ will investing US$825 million in RNG expansion, By 2026, the company plans to expand its RNG network with 17 new RNG projects in several areas. Currently, Wall Street ratings show that 6 institutions recommend Buy and 11 recommend Hold. Stock Price Target of WM, high to $198, Median to $170, 4. $Albemarle(ALB)$ ; Market Value: $32.9 bln ; Insustry: Basic Materials, Specialty Chemicals Albemarle Corporation (NYSE:ALB), which saw its share price soar 338% in three years. In more good news, the share price has risen 42% in thirty days. This could be related to the recent financial results that were recently released. The specialty chemicals company reported $3.45 earnings per share for the quarter, beating analysts' consensus estimates of $2.79 by $0.66. Albemarle had a net margin of 7.76% and a return on equity of 10.35%. Albemarle shareholders have received a total shareholder return of 27% over the last year. That's including the dividend. That's better than the annualised return of 22% over half a decade, implying that the company is doing better recently. Institutional investors and hedge funds own 80.03% of the company's stock. A number of large investors have recently made changes to their positions in the stock. $Albemarle(ALB)$ Stock High Targets Price expected to $400, Median target to $300, Average Target price at $299.94, source from Market watch. 5.$W.W. Grainger(GWW)$ ;Market Value: $29.7 bln; Insustry: Industrial The company last released its quarterly earnings data on Friday, July 29th. The industrial products company reported $7.19 EPS for the quarter, beating the consensus estimate of $6.65 by $0.54. W.W. Grainger had a return on equity of 57.59% and a net margin of 9.23%. The firm had revenue of $3.84 billion during the quarter, higher than the consensus estimate of $3.69 billion. $W.W. Grainger(GWW)$ Stock High Targets Price expected to $642, Median target to $602, Average Target price at $563.13, source from Market watch. How do you like these 5 stocks? Please join to discuss.
Why Pepsi, AutoZone, Albemarle, WM, GWW Hit ATH Silently?!

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.

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