Shockwave Medical (SWAV) tripled Wall Street’s fourth-quarter profitability expectations, leading SWAV stock to surge on Friday. X The company makes lithotripsy tools to “crack” hardened calcium in the arteries. During the December quarter, Shockwave earned $3.71 per share, blowing away projections for $1.01, according to FactSet. Sales also beat views …
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Biotech growth stock TG Therapeutics (TGTX) got FDA approval for its multiple sclerosis drug in December, setting off a strong advance that’s added 80% so far this year. You can find these outstanding leadership issues with the IBD Stock Screener. X TG Therapeutics will sell Briumvi to health care providers …
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GlobalFoundries (GFS) just beat Q4 estimates, propelling the contract GFS stock into a new buy zone. The breakout comes on the heels of the chipmaker forging a long-term agreement with General Motors (GM) and an acquisition to expand its IoT footprint. X The GM news and yet another explosive earnings …
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Microsoft Corp. has been a bit of an artificial-intelligence story lately, thanks to the company’s investment in and partnership with OpenAI, the creator of the hot ChatGPT chatbot. But Microsoft MSFT, +3.12% can also be an earnings-growth story, according to Morgan Stanley’s Keith Weiss. He wrote Monday that he models …
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This post was originally published on TKer.co Stocks declined, with the S&P 500 falling 1.1% last week. The index is now up 6.5% year to date, up 14.4% from its October 12 closing low of 3,577.03, and down 14.7% from its January 3, 2022 closing high of 4,796.56. Over the …
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