Research type: Price Movement Observations

On May 21, AT&T’s (T) market cap was $236.5 billion. AT&T is the second-largest US wireless carrier in terms of market cap.

United Airlines (UAL) stock has had a rough ride so far this year. The stock has lost 1% of its value YTD (year-to-date).

Last week, Donald Trump blacklisted Chinese telecom giant Huawei Technologies amid rising US-China trade tensions.

Clorox stock (CLX) is down about 8% since the company posted its third quarter of fiscal 2019 earnings on May 1.

After returning just 3.2% last year, McDonald’s stock has risen 12.2% this year as of May 17.

21 May

Why Did Bernstein Upgrade Kroger?

BY Ralph Nathan

Today, Bernstein upgraded Kroger (KR) from “market perform” to “outperform,” and it also raised its 12-month price target to $33. Let's take a closer look.

Tech stocks underperformed again on May 20 after the trade spat escalated, with Huawei in the eye of the storm.

On May 15, Cisco announced its third-quarter earnings results for the quarter ending in April. The stock rose nearly 10% in the past week.

Shares of the Kellogg Company (K) are down ~5% since the company posted weak first-quarter earnings results on May 2.

Broadcom and Qualcomm earn 50% and 67% of their revenues from China. Huawei is one of Broadcom and Qualcomm's key customers in China.