Johnson & Johnson (JNJ) Slumps as Investors are Concerned About Litigation
Johnson & Johnson’s (JNJ) stock slumps to a one-year low of as investors are concerned about litigation from lawsuits.
Johnson & Johnson’s (JNJ) stock slumps to a one-year low of as investors are concerned about litigation from lawsuits.
Lockheed Martin (LMT) jumped 9% after the Israel-Hamas War broke out as countries are expected to spwnd more on defense.
UnitedHealth (UNH) delivered a healthy qtr as profit grew 13% while sales grew 14%, helping the stock to keep its upward momentum.
Domino’s (DPZ) delivered mixed results last qtr as profits grew a sparkling 50%. But revenue growth of -4% was uninspiring.
PepsiCo (PEP) management believes the impact of weight-reducing drugs like Wegovy and Mounjaro has been negligible so far.
Nike (NKE) is in a slow-growth period as a tough economy is slowing consumer spending. Growth is now set to return in early 2024.
Accenture (ACN) is seeing demand for generative AI with $200 million in Generative AI sales last qtr vs. $100 million a quarter earlier.
Adobe (ADBE) has made generative AI tool Firefly commercial available and integrated its features into several Creative Cloud apps.
Costco (COST) delivered above average profits last quarter as the company continues to pump out consistent revenue growth.
Factset Research (FDS) management expects cautions clients for the rest of calendar year 2023, then for things to pick up in 2024.
Sherwin Williams (SHW) delivered profits well above expectations last qtr as Paint Stores had strong sales and raw material costs fell.
Dollar general (DG) is having trouble with slow sales, high theft, high prices, and not enough labor. This stock is down-and-out.