Telsey analyst maintains Market Perform on Victoria's Secret, reports preliminary Q1 results of $1.35B revenue and 9 cents EPS. Concerns over cyberattack and lowered estimates.
The search giant noted that hackers are targeting English-speaking branches of multinational companies, tricking employees into sharing credentials that grant them access to company data stored on the Salesforce cloud.
Victoria’s Secret said it has delayed its Q1 report due to a cyber incident that disabled systems, flagging that related costs may weigh on upcoming earnings.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
Stocks in the $10-50 range offer a sweet spot between affordability and stability as they’re typically more established than penny stocks.
But their headline prices don’t guarantee quality, and investors should exercise caution as some have shaky business models.
When Wall Street turns bearish on a stock, it’s worth paying attention.
These calls stand out because analysts rarely issue grim ratings on companies for fear their firms will lose out in other business lines such as M&A advisory.
Victoria’s Secret said it adopted this plan in response to the substantial accumulation of shares by BBRC International, an entity controlled by Brett Blundy.
A company that generates cash isn’t automatically a winner.
Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.
Value investing has created more billionaires than any other strategy, like Warren Buffett, who built his fortune by purchasing wonderful businesses at reasonable prices.
But these hidden gems are few and far between - many stocks that appear cheap often stay that way because they face structural issues.
