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Apple Soars, But Will it Rise by 55%?

Posted Jul 21st 2010 2:40PM by Nikhil Hutheesing (RSS feed)
Filed under: Apple Inc (AAPL), Bargain Stocks, Stock Picks

Following its earnings announcement, shares of Apple (AAPL) are up nearly 3% Wednesday. Clearly, Apple is executing well, but given the broader market weakness, is Apple a buy?

JP analyst Mark Moskowitz, a long-time bull on the stock, says it is and has given the stock a price target of $400 per share -- a 55% increase from current levels.

Continue reading Apple Soars, But Will it Rise by 55%?

Crocs first quarter earnings preview

Posted May 6th 2008 5:57PM by Michael Fowlkes (RSS feed)
Filed under: After the Bell, Earnings Reports, Forecasts, Bad News, Products and Services, Management, Competitive Strategy, NIKE, Inc'B' (NKE), Crocs Inc (CROX)

It wasn't that long ago that Wall Street was in love with Crocs, Inc (NASDAQ: CROX), the maker of the trendy slippers that took the world by storm last year. After going on a tear for most of 2007, the stock started to break down last November, and has been in a tail spin for the past 5 months.

The company is going to be reporting its first quarter numbers tomorrow after the market close, and all signs are pointing to yet another troublesome quarter for the company. Earnings.com is showing Wall Street estimates of 10 cents a share, but that number does not really hold too much water after the company announced a much weaker forecast last month in its preliminary release.

Last month, CROX shocked Wall Street when it said that it expected to see a 5 cent per share loss in the quarter, and revenues falling somewhere between $195 and $200 million. After that news came out, the already troubled stock took a serious nose dive, and gave up around 40% of its value.

Continue reading Crocs first quarter earnings preview