Topics

Posted 10/2/2023, 12:16:00 PM

Buy the Dip? Analyst Says Salesforce, Visa, and Nike Appear Undervalued Despite Recent Stock Drops

Salesforce stock has fallen recently due to economic conditions, but long-term growth outlook is strong. Trading at attractive valuation.
Visa operates a highly profitable payment network. Well-positioned to benefit from inflation. Stock could be worth paying up for.
Nike working through inventory issues and China headwinds. Recent results better than expected. Valuation becoming more reasonable after stock decline.
Dow Jones stocks Salesforce, Visa and Nike appear undervalued given growth outlooks.
Author believes now could be a good time to buy shares of these 3 Dow companies.

fool.com

Relevant topic timeline:

9/5/2023

Dow Jones Falls Under Key Level As Oil Stocks Pop; 3 Warren Buffett Stocks Near Entries

The Dow Jones Industrial Average fell, while AI stock Microsoft jumped, oil stocks rose as Saudi Arabia and Russia extended production cuts, and several Warren Buffett stocks are near entry points.

9/6/2023

The Dow Sinks. A Tech Selloff Is On.

The Dow Jones sinks over 300 points as a tech selloff occurs due to investor fears of more Fed rate hikes, with Apple, Tesla, and Nvidia all experiencing significant declines.

9/20/2023

Stocks Rise Ahead of Fed Decision; Earnings in Focus as Caterpillar Nears Buy Point

The Dow Jones Industrial Average rose ahead of the Federal Reserve's interest rate decision, while Cathie Wood's Ark Invest sold shares of Tesla stock.

10/3/2023

Stocks Fall as Job Market Strength Fuels Fed Rate Hike Fears

The Dow Jones Industrial Average is on track to erase all of its 2023 gains as it drops over 400 points, or 1.4%, and bond yields spike following strong labor data indicating a resilient job market.

10/3/2023

Stocks Plunge as Dow Drops Nearly 450 Points, Worst Day in Months

The Dow Jones Industrial Average is poised for its worst day in months as the stock market selloff continues, driven by losses in Goldman Sachs, Microsoft, and American Express.

10/9/2023

Stocks Rally as Investors Shake Off Geopolitical Worries; Buffett Names Lag but Defense Stocks Surge

The Dow Jones Industrial Average rallied as investors shrugged off geopolitical concerns related to Israel's offensive against Hamas, with defense stocks and energy stocks performing well.

10/10/2023

Stocks Advance as Small Caps Outperform, Treasury Yields Retreat

The Dow Jones Industrial Average gained 0.4% in the final hour of trading, underperforming other major indexes due to a rally fading towards the end of the session, while long-term interest rates dropped and stock turnover increased.

10/24/2023

Stocks Rally on Upbeat Economic Data; Earnings Lift Dow 275 Points

The Dow Jones Industrial Average rose 275 points on Tuesday after the release of positive economic data, while tech giants Alphabet and Microsoft prepared to report their earnings after market close.

10/25/2023

Stocks Rebound as Strong Earnings from Microsoft, Coke, Verizon Offset Snap and Google Worries

The Dow Jones Industrial Average ends a four-day losing streak as investors focus on strong earnings from companies like Coca-Cola and Verizon, while Microsoft and Alphabet also report positive quarterly results.

10/27/2023

Stocks Mixed as Inflation and Consumer Sentiment Weigh on Markets

Stock indices are mixed as consumer inflation expectations rise to 3% and consumer sentiment decreases, while the Nasdaq 100 and the S&P 500 are up and the Dow Jones is down.

Topics

Posted 10/2/2023, 12:16:00 PM

Buy the Dip? Analyst Says Salesforce, Visa, and Nike Appear Undervalued Despite Recent Stock Drops

Salesforce stock has fallen recently due to economic conditions, but long-term growth outlook is strong. Trading at attractive valuation.
Visa operates a highly profitable payment network. Well-positioned to benefit from inflation. Stock could be worth paying up for.
Nike working through inventory issues and China headwinds. Recent results better than expected. Valuation becoming more reasonable after stock decline.
Dow Jones stocks Salesforce, Visa and Nike appear undervalued given growth outlooks.
Author believes now could be a good time to buy shares of these 3 Dow companies.

fool.com

Relevant topic timeline:

9/5/2023

Dow Jones Falls Under Key Level As Oil Stocks Pop; 3 Warren Buffett Stocks Near Entries

The Dow Jones Industrial Average fell, while AI stock Microsoft jumped, oil stocks rose as Saudi Arabia and Russia extended production cuts, and several Warren Buffett stocks are near entry points.

9/6/2023

The Dow Sinks. A Tech Selloff Is On.

The Dow Jones sinks over 300 points as a tech selloff occurs due to investor fears of more Fed rate hikes, with Apple, Tesla, and Nvidia all experiencing significant declines.

9/20/2023

Stocks Rise Ahead of Fed Decision; Earnings in Focus as Caterpillar Nears Buy Point

The Dow Jones Industrial Average rose ahead of the Federal Reserve's interest rate decision, while Cathie Wood's Ark Invest sold shares of Tesla stock.

10/3/2023

Stocks Fall as Job Market Strength Fuels Fed Rate Hike Fears

The Dow Jones Industrial Average is on track to erase all of its 2023 gains as it drops over 400 points, or 1.4%, and bond yields spike following strong labor data indicating a resilient job market.

10/3/2023

Stocks Plunge as Dow Drops Nearly 450 Points, Worst Day in Months

The Dow Jones Industrial Average is poised for its worst day in months as the stock market selloff continues, driven by losses in Goldman Sachs, Microsoft, and American Express.

10/9/2023

Stocks Rally as Investors Shake Off Geopolitical Worries; Buffett Names Lag but Defense Stocks Surge

The Dow Jones Industrial Average rallied as investors shrugged off geopolitical concerns related to Israel's offensive against Hamas, with defense stocks and energy stocks performing well.

10/10/2023

Stocks Advance as Small Caps Outperform, Treasury Yields Retreat

10/24/2023

Stocks Rally on Upbeat Economic Data; Earnings Lift Dow 275 Points

The Dow Jones Industrial Average rose 275 points on Tuesday after the release of positive economic data, while tech giants Alphabet and Microsoft prepared to report their earnings after market close.

10/25/2023

Stocks Rebound as Strong Earnings from Microsoft, Coke, Verizon Offset Snap and Google Worries

10/27/2023

Stocks Mixed as Inflation and Consumer Sentiment Weigh on Markets

Stock indices are mixed as consumer inflation expectations rise to 3% and consumer sentiment decreases, while the Nasdaq 100 and the S&P 500 are up and the Dow Jones is down.