Bernstein

Bernstein analysts have labeled the recent crypto rally as a “mean reversion” to the sector's decisive lows in 2022.  What Happened: According to Bernstein, crypto was the most divisive asset class of the year, suffering from several high-profile frauds, reveals and...

Advanced Micro Devices Inc. shares are giving back some of their Monday's gains achieved on the back of a positive analyst action. What Happened: In premarket trading, the stock shed 2.33% to $74.75, according to Benzinga Pro data. Bernstein analyst Stacy Rasgon downgraded AMD...

Tesla Inc. (NASDAQ: TSLA) shares started the year on the back foot, as light fourth-quarter deliveries spooked investors. What Happened: The bad news, however, may not all be in the rearview as the electric vehicle maker’s recently-announced price cuts across regions are expected to hurt...

Bernstein smells something cooking at Costco Wholesale Corp (NASDAQ: COST) and no, it's not the famous $1.50 hot dog.  What To Know About COST: Bernstein on Tuesday initiated coverage on Costco with an Outperform rating and set a price target of $586...

Tesla Inc. (NASDAQ: TSLA) has other optionality value, justifying a higher valuation, Bernstein analyst Tony Saccoghani Jr. said in a note. What Happened: Saccoghani detailed the other businesses and their potential contribution to Tesla’s valuation. FSD: The electric vehicle maker's...

Tesla Inc. (NASDAQ: TSLA) is among the worst-performing large-cap stocks this year as multiple headwinds — both external and internal — to the company weigh down on the stock. The Tesla Analyst: Bernstein analyst Toni Sacconaghi Jr. has an Underperform rating and $150 price target for...

U.S. railroad companies could be just days away from a major strike that could cost the U.S. economy more than $2 billion per day. Strike or no strike, one analyst said Wednesday that railroad stocks have limited upside from current levels in a challenging environment. The analyst note was...

The $180 billion video game industry offers a growth opportunity for investors according to a new report from an analyst offering two stock picks. The Video Game Analyst: Bernstein analyst Matti Littunen initiated coverage for Take-Two Interactive Software, Inc (NASDAQ: TTWO) with an...

After a six-year hiatus, Apple, Inc. (NASDAQ: AAPL) reclaimed the smartphone leadership position in China in the fourth quarter of 2021. An analyst at Bernstein delved into the reasons for Apple's turnaround. Huawei's Loss Is Apple's Gain: Apple has been bleeding smartphone market...

It's déjà vu all over again, as China reported a renewed outbreak of COVID-19, forcing new lockdowns primarily in the northeastern regions of the country. As the nation grapples with the worst outbreak in two years, here's a look at how EV makers and their production...

Advanced Micro Devices, Inc. (NASDAQ: AMD) shares are advancing on Tuesday, bucking the broader market downturn catalyzed by the escalating tensions between Russia and Ukraine. The strength seen in the shares came after an analyst at Bernstein took a bullish stance on the stock after 10 years. The...

Dell Technologies Inc (NYSE: DELL) seems poised for sustainable revenue growth of 2% to 4% and earnings growth of mid-to-high single digits, both of which are higher than Hewlett Packard Enterprise Co (NYSE: HPE) and HP Inc (NYSE: HPQ), which trade similar multiples, according to Bernstein....

Hyatt Hotels Corporation (NYSE: H) is the fastest growing hotel group and its stock is currently trading at “an unjustified discount,” according to a Bernstein Research analyst. The Hyatt Hotels Analyst: Richard Clarke initiated coverage of Hyatt Hotels with an Outperform rating and a...

Boeing Co (NYSE: BA) is poised to benefit from an inflection in global travel and an improved outlook for commercial aircraft deliveries, according to Bernstein. The Boeing Analyst: Douglas Harned upgraded Boeing from Market Perform to Outperform and raised the price target from $252 to $279. The...

Apple Inc. (NASDAQ: AAPL) has a less-discussed revenue source that is fetching it multi-billion dollars in revenues annually. Apple's Lucrative Google Partnership: Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) is on track to pay about $15 billion to Apple, according to Bernstein analyst Toni...