Tag: Stifel

  • Okta About to Refill its Bearish Gap

    Okta About to Refill its Bearish Gap

    On March 2, we noted, “Keep an eye on Okta (OKTA). After Cowen analysts upgraded the stock to an outperform rating from market perform, with a $70 price target, the stock took off.  Since the start of 2023, OKTA ran from about $60 to $81 so far.  From here, we’d like to see it initially…

  • Why It May be Best to Wait for Microsoft to Pull Back

    Why It May be Best to Wait for Microsoft to Pull Back

    Microsoft (MSFT) has been unstoppable. After bottoming out around $280, the tech stock just gapped to $325.70. All thanks to its latest batch of earnings. Revenues were up 22% to $45.3 billion.  Operating income jumped 27% to $20.2 billion.  Net income came in at $20.5 billion GAAP, and $17.2 billion non-GAAP.  Both were up 48%…

  • Royal Caribbean May be a “Solid Buying Opportunity”

    Royal Caribbean May be a “Solid Buying Opportunity”

    Investors may want to use weakness to buy Royal Caribbean (RCL). According to Stifel analysts, the pullback creates a “solid buying opportunity,” given the company’s health liquidity, resilient customers, and operational expertise, as highlighted by Barron’s.  RCL also pulled back on Carnival’s news it wanted the option to sell $500 million of its shares to…