In today’s briefing:
- Broadcom Inc: New Test Solutions With Rohde & Schwarz & Other Drivers
- Juniper Networks: Agreement With Powerco & Other Developments
- GoDaddy Inc: Major Drivers, Financial Forecasts, DCF & Comparables Valuation, Key Risks (01/23)
- Exxon Mobil As A Dividend Aristocrat Stock: Not As Attractive As You Might Think
- SunPower Corporation: Partnership With General Motors & Other Drivers
- This Deal is The Gold Standard
- Paramount Global: Expansion Of Paramount+ & Other Developments
Broadcom Inc: New Test Solutions With Rohde & Schwarz & Other Drivers
- Broadcom delivered a strong result in the last quarter with revenues growing 21% year-on-year, surpassing Wall Street expectations.
- This growth was driven by the company’s strong partnerships and increased R&D investments that enabled accelerated adoption of its new-generation technologies.
- In the quarter, semiconductor solution revenue and infrastructure software revenue grew.
Juniper Networks: Agreement With Powerco & Other Developments
- Juniper’s stock has seen good upward momentum with its results around the corner.
- The company had delivered better-than-expected results in the last quarter with its total revenues as well as earnings exceeding Wall Street expectations.
- The cloud business of Juniper also delivered solid quarterly result with revenue growth.
GoDaddy Inc: Major Drivers, Financial Forecasts, DCF & Comparables Valuation, Key Risks (01/23)
- GoDaddy delivered a mixed set of results for the last quarter.
- However, it did manage an earnings beat which was largely a result of the robust consumer retention.
- This quarter, GoDaddy launched free SSL on almost all innovative web hosting plans in its major markets.
Exxon Mobil As A Dividend Aristocrat Stock: Not As Attractive As You Might Think
- Exxon Mobil continues to defy gravity even as markets rolled over in 2022.
- There are better alternatives for those looking for passive income streams, but shareholders should be prepared for more turbulence ahead, according to the author.
- Exxon Mobil’s long-term success is still optimistic on the long- term success of the company.
SunPower Corporation: Partnership With General Motors & Other Drivers
- SunPower delivered an all-around beat in the last quarter as the value of the company’s storage and solar systems continues to rise with the rise in utility rates.
- Consumer demand in the quarter continues to be quite strong and it added 23,1000 new customers this quarter which displays a persistent level of robust consumer demand for residential solar, particularly SunPower.
- We provide the stock of SunPower with an ‘Outperform’ rating and a revision in the target price.
This Deal is The Gold Standard
- Amidst all of the De-SPAC Bankruptcies, liquidity issues, and frauds, it’s been hard for investors to pinpoint strong, established businesses that deliver consistent returns.
- In fact, only a handful of companies in the three years since SPACs became a popular vehicle retained or saw their valuation increase.
- So it’s good to see businesses like jewelry wholesaler Quality Gold to debut through a SPAC deal.
Paramount Global: Expansion Of Paramount+ & Other Developments
- Paramount had a disappointing set of results in the last quarter as it failed to meet the revenue expectations as well as earnings expectations of Wall Street.
- The company maintained its strength in TV, expanded in cinema, and benefitted from the worldwide surge in streaming during the third quarter.
- Among major updates, Walmart chose Paramount+ when looking to add a streaming service to its Walmart+ package.
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