Market Blog

Boeing and Home Depot may be bullish today.

BA– The Boeing company engages in designing, manufacturing, sales and servicing of commercial jetliners, military aircraft, satellites, missile defence, human space flight, and launch systems and services worldwide.

BA – The Boeing Company

Fundamentals Previously closed at 131.77
Day’s high 133.16
Day’s low 131.58
P/E ratio 17.81
EPS 7.40

 

Analysts opinion Yesterday, Boeing reported that Iran Air made a contract expressing interest to buy Boeing aircrafts. Amazon will enter the shipping business and will lease 40 Boeing cargo aircraft. Also, today, Morgan Stanley began coverage on Boeing with an “Overweight” rating. And increased price target to $153. CEO Dennis Muilenburg said that there would be demand for 38000 new passenger jets over the next 20 years. Analyst confidence meter, a proprietary algorithm of Stockal gives 64% buy based on analyst ratings.
Sentiments The sentiment index is 88.33% negative according to Stockal proprietary algorithm.
Social Media Pulse The stock has 71% higher social media chatter than usual.

HD– The Home Depot, Inc is a home improvement retailer, which operates various stores, that sell building materials, home improvement products etc.

HD – The Home Depot, Inc

Fundamentals Previously closed at 127.6
Day’s high 128.97
Day’s low 127.40
P/E ratio 22.41
EPS 5.69

 

Analyst opinion Nomura Securities upgraded Home Depot from Neutral to Buy, and raised the price target of $155, from the previous $144. Nomura Analyst believes that HD has competitive advantages, strong management and market share gains would provide for growth and limit any downsides for HD. Confidence Meter reads a 79% buy. This a proprietary algorithm of Stockal tracks Analyst confidence in the Stock.
Sentiments The sentiment index is 50% positive on Stockal proprietary algorithm.
Social Media Pulse The stock has 30% lower social chatter than usual.

 

Disclaimer: This blog contains an aggregated view of analysts and opinions by the author. Do not consider this as financial advice. See http://stockal.com/legalities/

 

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