Markets are pulling back aggressively.
Still, analysts are finding plenty of opportunity.
Look at Ferrari (SYM: RACE), for example.
After dropping from about $510 to $405, the stock is racing higher on a Barclays upgrade. In fact, the firm upgraded RACE to an overweight rating, noting there’s a good entry point.
As reported by CNBC: A major catalyst also comes from Ferrari confirming its guidance in the face of President Donald Trump’s Wednesday announcement that he would slap a 25% tariff on “all cars that are not made in the United States.” This guidance confirmation serves to reaffirm Ferrari’s strong pricing power and low margin sensitivity, especially illustrating its strong relative resilience versus other European competitors.
Applied Materials (SYM: AMAT)
Jefferies just upgraded Applied Materials (AMAT) to a buy rating with a price target of $195.
The firm points to AMAT’s attractive valuation as the catalyst for the upgrade. They also believe the company is a leading beneficiary of spending growth in DRAM (dynamic random access memory). “Applied Materials also has the lowest China exposure among the big three U.S. semiconductor companies, meaning it could potentially better hedge President Donald Trump’s tariffs than its competitors,” says CNBC.
Disney (SYM: DIS)
Shares of Disney (DIS) are also interesting. Last trading at $118, we’d like to see DIS initially run to $130. Helping, Bank of America just reiterated a buy rating on the stock, noting that it doesn’t see signs of underlying fundamentals coming under pressure.
Even better, the company just guided strongly for the full year, posted a double beat, and added more subscribers than expected on its streaming platforms for the second quarter.
Revenue jumped about 7% to $23.6 billion surpassing estimates of $23.02 billion. Per-share it earned $1.45, beating the consensus estimate of $1.20. Total Disney+ subscribers were up 1.1% from Q1 at 126 million, and ahead of the 123.34 million estimated. For 2025, the company expects adjusted EPS of $5.75 and cash flow from operations of $17 billion.
Today’s Top Story:
REVEALED: Palm Beach Millionaire’s Warning About “The Great Replacement”
A Wall Street veteran with a four-decade track record has issued a disturbing warning from his estate near Mar-a-Lago. He warns of an economic restructuring that will eliminate traditional career paths while creating unprecedented wealth opportunities.
