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Park Hotels & Resorts Inc. (NYSE:PK) shareholders will doubtless be very grateful to see the share price up 36% in the......
The perfect stock can be hard to find. There are just so many questions to answer, and so many boxes to check. Does it have a reliable history of share appreciation? Is it resilient in hard times? What do insiders think of it, or hedge funds? The forest of possible questions is intimidating, even for experienced investors. It’s part of the reason why successful stock investing is sometime seen as more art than science.The Smart Score aims to change that, bringing science to bear on the art. Using the collected information from the TipRanks database, the Smart Score collates and categorizes the raw data, making visible the trends in new fewer than 8 informative categories – all of which have been shown to predict stock performance. Distilling the results down to a single-digit score, the tool makes investors a quick reference guide to judge their stock picks.The results can be interesting....
Chinese electric vehicle manufacturer Nio Inc - ADR (NYSE: NIO) reported Tuesday with forecast-beating second-quarter results and issued a strong third-quarter outlook. The Nio Analysts: Piper Sandler analyst Alexander Potter reiterated a Neutral rating on Nio and increased the price target from $4 to $14.BofA Securities analyst Ming Hsun Lee reiterated a Buy rating and increased the price target from $17.40 to $18.Why Nio Shares Could Trade In Line With EV Peers: Nio's narrower-than-expected second-quarter loss is due to a higher gross margin, with the vehicle margin coming in at a historical high of 9.7% and several basis points higher than the 5% guidance, Potter said in a note.More importantly, the company guided to continued gross margin expansion in the third and fourth quarters thanks to lower battery costs, the analyst said.From skepticism concerning the company's ability to remain a going concern, Nio has come a long way from skepticism over...
