Of the 22 recommendations that derive the current ABR, 14 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 63.6% and 4.6% of all recommendations. Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations. In spite of the fact that Zacks Rank and ABR both appear on a ...

This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here. In February, AI superstar Nvidia (NASDAQ:NVDA) announced fourth-quarter earnings that blew expectations out of the water. Shares rose 16% in a single day, adding $34 billion to shareholder pockets. The fascinating thing, however, was what happened afterward. Because over the following month, shares of Nvidia rose another 20%. Even if investors completely missed out Nvidia' ...

Dating app maker Bumble has acquired Geneva, an online platform built around forming real-world groups and clubs. The company said that the deal is designed to help it expand its focus from "one-to-one connections to groups and communities" — friendships, in other words. "There's certainly a lot of interesting technology companies across the industry that we're constantly looking at, but we immediately look at if it actually aligns and accelerates with our long-term mission here," Jones said on the company' ...

The generative AI revolution is far from over, but that doesn't mean AI stocks, especially those that have enjoyed impressive gains in recent months, are immune to a substantial pullback. The bears and skeptics may have been calling for such a correction for quite some time. And though a growth-to-value rotation is always possible, I'm not so sure one will be on the table now that the Fed is done with the rate hikes. Though fewer rate cuts than expected could be in for the year (perhaps two or less), it see ...

Investors with an interest in Internet - Software stocks have likely encountered both Bumble Inc. (BMBL) and Smartsheet (SMAR) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highli ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tr ...

Bumble Inc. (BMBL) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this company have returned +19.3%, compared to the Zacks S&P 500 composite's +2.5% change. During this period, the Zacks Internet - Software industry, which Bumble falls in, has lost 3.8%. The key question now is: What could be the stock's future direction? Although m ...

Bumble has apologised after it appeared to make fun of celibate women in a new advertising campaign. It added: "Our ads referencing celibacy were an attempt to lean into a community frustrated by modern dating and instead of bringing joy and humour, we unintentionally did the opposite." X This content is provided by X, which may be using cookies and other technologies. To show you this content, we need your permission to use cookies. You can use the buttons below to amend your preferences to enable X cookie ...

Some deep-value investors don't mind picking up extremely battered stocks that may have seen their intrinsic value swing to the downside. So, it makes sense to look at some plays now trading at less than $20 per share. Indeed, it's not all penny stocks or extremely risky speculative small-caps that are down there, either. Some mid- and even large-caps go for $20 or less, but probably not by design. Often, a larger-cap stock goes for under $20 per share because it's under considerable pressure. Perhaps the l ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell- side) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Bumble Inc. (BMBL) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Bumble currently has an average brok ...