PerkinElmer Has Low Certainty With COVID Vaccines Available
PerkinElmer (PKI) is making a lot of money off of COVID-19 products. Now that there’s a vaccine, profits are uncertain.
PerkinElmer (PKI) is making a lot of money off of COVID-19 products. Now that there’s a vaccine, profits are uncertain.
Adobe (ADBE) is growing good — 23% profit growth last qtr — but with a P/E of 44, the stock seems fairly valued here.
Dollar General (DG) is a bargain as its P/E is only 20. Our Fair Value is a P/E of 30, which is $320 a share for 2021.
Costco (COST) has a catalyst in ecommerce sales, especially groceries. Last qtr, online grocery sales jumped more than 300%.
Salesforce (CRM) is buying Slack, which is great. But most of CRM’s profits last qtr came from gains from the Snowflake IPO.
Target (TGT) has been rolling this past year. And what’s been boosting business is same-day pick-up and delivery.
Walmart (WMT) has a catalyst in ecommerce, which had U.S. sales growth of 79% last qtr. And Walmart+ is another catalyst.
TJX (TJX) reported +4% profit growth last qtr even though many stores were closed. Now, e-commerce might be a catalyst.
Ross Stores (ROST) had rather flat results last qtr, but investors seem to like that as the stock is close to All-Time highs.
Disney (DIS) has quickly achieved 120 million paid subscribers to its digital platforms, and results should shine when parks open.
Medical device company Becton Dickinson (BDX) sees revenue growth accelerating from 4% last qtr to 27% this qtr.
Many investors have put time into finding the next Amazon (AMZN). But the OG is the one to watch as it might triple in 4 years.