Sunday, June 8, 2025
News PouroverAI
Visit PourOver.AI
No Result
View All Result
  • Home
  • AI Tech
  • Business
  • Blockchain
  • Data Science & ML
  • Cloud & Programming
  • Automation
  • Front-Tech
  • Marketing
  • Home
  • AI Tech
  • Business
  • Blockchain
  • Data Science & ML
  • Cloud & Programming
  • Automation
  • Front-Tech
  • Marketing
News PouroverAI
No Result
View All Result

Plug Power soars to top industrial gainer of week, earnings drag down C.H. Robinson

February 3, 2024
in Business
Reading Time: 4 mins read
0 0
A A
0
Share on FacebookShare on Twitter


audioundwerbung/iStock via Getty Images

The Industrial Select Sector (XLI) rose +1.90% for the week ending Feb. 2, while the SPDR S&P 500 Trust ETF (SPY) climbed +1.42%.

The top five gainers in the industrial sector (stocks with a market cap of over $2B) all gained more than +14% each this week.

Plug Power (NASDAQ:PLUG) +37.06%. The Latham, N.Y.-based company’s shares surged the most on Wednesday (+19.30%) after Roth MKM upgraded the stock to Buy from Neutral citing confidence that the ramp-up of the company’s Georgia green hydrogen plant is going smoothly.

Plug has a SA Quant Rating — which takes into account factors such as Momentum, Profitability, and Valuation among others — of Strong Sell. The stock has a factor grade of F for Profitability and C+ for Growth. The average Wall Street Analysts’ Rating disagrees and has Buy rating, wherein 9 out of 29 analysts tag the stock as Strong Buy.

Symbotic (SYM) +23.05%. Shares of the company, which provides warehouse automation systems, shot up the most on Thursday +8.81%. In the past one year the stock has surged about 230%. The SA Quant Rating on SYM is Sell with score of B- for Momentum and C for Valuation. The average Wall Street Analysts’ Rating has a more positive view with a Buy rating, wherein 9 out of 15 analysts see the stock as Strong Buy.

The chart below shows 6-month price-return performance of the top five gainers and SPY:

Saia (SAIA) +18.74%. The trucking company’s shares jumped +14.35% on Friday after fourth quarter results beat estimates. The SA Quant Rating on SAIA is Hold with score of B for Profitability and D for Valuation. The average Wall Street Analysts’ Rating differs and has Buy rating, wherein 21 out of 21 analysts view the stock as Strong Buy.

McGrath RentCorp (MGRC) +15.69%. WillScot Mobile Mini (WSC) said on Monday that it was acquiring McGrath in a cash-and-stock deal worth $3.8B which sent the McGrath’s shares surging +10.74% on the day. The SA Quant Rating and the average Wall Street Analysts’ Rating, both, for MGRC is Strong Buy.

Vertiv (VRT) +14.98%. The company — which provides products and services for data centers and communication networks — saw its shares climb throughout the week, barring Wednesday. The SA Quant Rating on VRT is Hold, while the average Wall Street Analysts’ Rating is Strong Buy.

This week’s top five decliners among industrial stocks (market cap of over $2B) all lost more than -7% each.

C.H. Robinson Worldwide (NASDAQ:CHRW) -15.17%. The trucking services provider’s stock fell -12.59% on Thursday after fourth quarter adjusted earnings missed estimates by a wide margin. The SA Quant Rating on CHRW is Hold with a factor grade of B- for Profitability and D for Momentum. The average Wall Street Analysts’ Rating agrees and has a Hold rating too, wherein 17 out of 26 analysts view the stock as Hold.

Exponent (EXPO) -11.55%. The engineering consulting company saw its shares tumble -12.83% on Friday after its mixed fourth quarter results on Thursday (post market). The SA Quant Rating on EXPO is Sell with score of D+ for Growth and B for Momentum. The average Wall Street Analysts’ Rating differs and has a Buy rating, wherein 1 out of the 3 analysts tags the stock as Strong Buy.

The chart below shows 6-month price-return performance of the worst five decliners and XLI:

Rockwell Automation (ROK) -11.55%. Shares of the industrial-technology company fell -17.56% on Wednesday after first-quarter results showed the negative effects of supply-chain constraints and high inventories at customers. The SA Quant Rating on ROK is Hold with a factor grade of B for Profitability and A for Growth. The rating is in contrast to the average Wall Street Analysts’ Rating of Buy rating, wherein 9 out of 26 analysts view the stock as Strong Buy.

United Parcel Service (UPS) -10.95%. The stock fell -8.20% on Tuesday after the company posted a mixed Q4 earnings report and set full-year guidance below expectations. The SA Quant Rating on UPS is Hold which differs from the average Wall Street Analysts’ Rating of Buy.

Avis Budget (CAR) -7.21%. The shares of the car rental company dipped the most on Wednesday

Source link

Tags: C.HDragEarningsgainerIndustrialPlugpowerRobinsonsoarstopweek
Previous Post

Driving in the FTA Lane: India is in talks with 50 nations, but how many pacts will it sign in 2024?

Next Post

Impact of Custom Medical Software on Healthcare

Related Posts

Can You Guess What Percentage Of Their Wealth The Rich Keep In Cash?
Business

Can You Guess What Percentage Of Their Wealth The Rich Keep In Cash?

June 10, 2024
UGRO Capital: Targeting to hit milestone of Rs 20,000 cr loan book in 8-10 quarters: Shachindra Nath
Business

UGRO Capital: Targeting to hit milestone of Rs 20,000 cr loan book in 8-10 quarters: Shachindra Nath

June 10, 2024
Blinken set to arrive in Egypt for Gaza ceasefire push By Reuters
Business

Blinken set to arrive in Egypt for Gaza ceasefire push By Reuters

June 10, 2024
Volvo is moving EV production from China to Belgium as the EU eyes tariffs on Beijing
Business

Volvo is moving EV production from China to Belgium as the EU eyes tariffs on Beijing

June 9, 2024
France’s Macron calls for snap election after losing big to the far right in EU vote
Business

France’s Macron calls for snap election after losing big to the far right in EU vote

June 9, 2024
Upgrades for Best Buy and Lululemon By Investing.com
Business

Upgrades for Best Buy and Lululemon By Investing.com

June 9, 2024
Next Post
Impact of Custom Medical Software on Healthcare

Impact of Custom Medical Software on Healthcare

I’m 65 Years Old and Going to Retire Soon. How Should I Structure My Portfolio?

I'm 65 Years Old and Going to Retire Soon. How Should I Structure My Portfolio?

Advanced ETL Techniques for Beginners | by 💡Mike Shakhomirov | Feb, 2024

Advanced ETL Techniques for Beginners | by 💡Mike Shakhomirov | Feb, 2024

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
23 Plagiarism Facts and Statistics to Analyze Latest Trends

23 Plagiarism Facts and Statistics to Analyze Latest Trends

June 4, 2024
Accenture creates a regulatory document authoring solution using AWS generative AI services

Accenture creates a regulatory document authoring solution using AWS generative AI services

February 6, 2024
Managing PDFs in Node.js with pdf-lib

Managing PDFs in Node.js with pdf-lib

November 16, 2023
Graph neural networks in TensorFlow – Google Research Blog

Graph neural networks in TensorFlow – Google Research Blog

February 6, 2024
13 Best Books, Courses and Communities for Learning React — SitePoint

13 Best Books, Courses and Communities for Learning React — SitePoint

February 4, 2024
From Low-Level to High-Level Tasks: Scaling Fine-Tuning with the ANDROIDCONTROL Dataset

From Low-Level to High-Level Tasks: Scaling Fine-Tuning with the ANDROIDCONTROL Dataset

June 10, 2024
Can You Guess What Percentage Of Their Wealth The Rich Keep In Cash?

Can You Guess What Percentage Of Their Wealth The Rich Keep In Cash?

June 10, 2024
AI Compared: Which Assistant Is the Best?

AI Compared: Which Assistant Is the Best?

June 10, 2024
How insurance companies can use synthetic data to fight bias

How insurance companies can use synthetic data to fight bias

June 10, 2024
5 SLA metrics you should be monitoring

5 SLA metrics you should be monitoring

June 10, 2024
From Low-Level to High-Level Tasks: Scaling Fine-Tuning with the ANDROIDCONTROL Dataset

From Low-Level to High-Level Tasks: Scaling Fine-Tuning with the ANDROIDCONTROL Dataset

June 10, 2024
UGRO Capital: Targeting to hit milestone of Rs 20,000 cr loan book in 8-10 quarters: Shachindra Nath

UGRO Capital: Targeting to hit milestone of Rs 20,000 cr loan book in 8-10 quarters: Shachindra Nath

June 10, 2024
Facebook Twitter LinkedIn Pinterest RSS
News PouroverAI

The latest news and updates about the AI Technology and Latest Tech Updates around the world... PouroverAI keeps you in the loop.

CATEGORIES

  • AI Technology
  • Automation
  • Blockchain
  • Business
  • Cloud & Programming
  • Data Science & ML
  • Digital Marketing
  • Front-Tech
  • Uncategorized

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 PouroverAI News.
PouroverAI News

No Result
View All Result
  • Home
  • AI Tech
  • Business
  • Blockchain
  • Data Science & ML
  • Cloud & Programming
  • Automation
  • Front-Tech
  • Marketing

Copyright © 2023 PouroverAI News.
PouroverAI News

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In