AMZN (US)

We are bumping up our 2026E EPS for Corning (GLW; $138.25; E/W) from $3.20 to $3.30 (+30% YoY) while maintaining 2027E EPS at $4.20 (+27%). As illustrated in the table below, our estimate changes come…

We are raising our 2026/2027E EPS from $3.10/$3.75 to $3.20/$4.20 on Corning (GLW; $183.38; E/W) ahead of the company’s Q2 results and guidance, which are scheduled for July 28th (before market open). Our higher EPS…

We reiterate our Outperform and $450 target on the shares of Jabil (JBL; $374.64) after hosting investor meetings for management in New York earlier this week. Attending from Jabil were CEO Mike Dastoor, CFO Greg…

This morning’s Shareholder Letter from Amazon’s (AMZN; $233.65; NR) CEO Andy Jassy, highlighted how the company continues to pursue multiple paths in pursuit of building out a full-fledged on-demand grocery delivery service, which we think…

We do not think it’s an “accident” that most electronics manufacturing services (EMS) stocks we follow are trading right around 52-week highs even in the face of what our checks suggest is heightened levels of…