Tag: Downgrade
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Is Apple's Valuation Undermining Your Retirement? (Rating Downgrade)
Justin Sullivan Introduction I covered Apple (NASDAQ:AAPL) in May and felt the company deserved a hold rating, as it is clearly a superior business, but was trading at multiples that were implying 15% growth while the macroeconomic backdrop became more hazy. Over the last two quarters, revenue continued to stagnate but the September quarter had…
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CS Disco Stock: Rating Downgrade To Neutral As I Am Concerned About Near-Term Execution
AmnajKhetsamtip Summary Readers may find my previous coverage via this link. My previous rating was a buy, as I believed CS Disco (NYSE:LAW) would be able to grow revenue by >20% over the next 2 years. I am revising my rating from a buy to a neutral rating as I become concerned about the current…
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Tesla’s Cost Cuts Are A Strategic Error (Rating Downgrade) (NASDAQ:TSLA)
Xiaolu Chu Failure of price cuts Tesla, Inc. (NASDAQ:TSLA) sales growth has slowed noticeably over the last five quarters. Cracks started to appear in the growth story in the second half of 2022, but deliveries were maintained through the end of the year because of a strong backlog. Once that backlog was depleted, Tesla tried…
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Tesla: Threats Multiply In China (Rating Downgrade) (NASDAQ:TSLA)
Xiaolu Chu Background It doesn’t take much from Tesla, Inc. (NASDAQ:TSLA) for the company to make headline news – each day, readers are algorithmically blasted with new tidbits about the company and its mercurial CEO, Elon Musk. Check out a few headlines from the last few weeks alone: Tesla added in its terms and conditions…