These are the actions that most interest analysts
When it comes to investing, following the money is always a good bet. No matter how good a company is, no matter how undervalued it may be, no matter how big and safe the dividend is if the market is not interested, the price action on stock prices will revolve. This is why following the stock sentiment analysis is a good indication of turning points, when the stock sentiment is changing, it can have a profound impact on the cash flow coming in or out of stocks. . Today we are looking at the three most up-to-date stocks for the first quarter 2022 earnings reporting season. These stocks are driving waves of positive sentiment fueled by secular trends that we see making stock prices even higher.
Airbnb is at the forefront of travel trends
Airbnb (NASDAQ: ABNB) and its extensive network of services is today at the forefront of travel and hospitality trends. On the one hand, we have people who still want to distance themselves or have become accustomed to the lifestyle of AirBNB, while on the other hand, the travel industry expects a very strong summer this year. That’s why the company received 24 positive comments over the past 90 days and why new analysts are starting coverage. Marketbeat.com’s consensus rating has risen to a firm Hold-verging-on-Buy from Hold in the past 30 days, but the target price has dropped slightly. Marketbeat.com’s consensus price target, however, is still 68% above current price action and has a higher trend in the 3 and 12 month comparisons.
“The recovery in travel that began in 2021 has accelerated until the first quarter of 2022. Despite global headwinds during the quarter, Nights and Experiences Reserved exceeded pre-pandemic levels and exceeded 100 million for the first time. once again, demonstrating strong global travel demand. ” said Airbnb in its earnings statement.
EOG Resources A well-positioned energy game
EOG resources (NYSE: EOG) is a “little head” energy game (compared to older kids like Exxon Mobile (NYSE: XOM)), but one that is well positioned in Texas and the Caribbean. The company has received 21 positive comments in the last 90 days and that says something because it has 22 analysts with current coverage. They value stocks as a firm buy and sentiment increases. Marketbeat.com’s consensus price target, however, is only 10% above recent price action, but it also has a higher trend. The high price target is more in line with our view of equities and implies an increase of approximately 34%. It should be noted that the last 11 comments all came with a target price above consensus.
Raymond James is the latest to post comments on stocks and analysts are updating it to a strong buy. They did not change their $ 170 target price, the second highest on Wall Street, but they did say they saw an opportunity to increase by more than 40% for that target. That’s about $ 238 a share, or just $ 100 up.
Western Petroleum is also updated …
Occidental Petroleum (NYSE: OXY) has been in the news because of Warren Buffet, but that’s not all the company has to do. Not only is it a well-positioned vertically integrated global energy game, but analysts are also improving it. The company has received 20 analyst updates in the last 90 days and includes a target price comparable to EOG Resources. The consensus price target is only half a digit above the price action, but it carries it higher in 30, 90 and 365 day comparisons. The high price target is among the most recent and the trend in this figure is also higher.