Many investors pay attention to mid-cap stocks because they have established business models and expansive market opportunities.
However, their paths to becoming $100 billion corporations are ripe with competition, ranging from giants with vast resources to agile upstarts eager to disrupt the status quo.
Shares of social network Snapchat (NYSE: SNAP)
jumped 4.4% in the afternoon session after an analyst at Bernstein raised the firm's price target on the stock.
A number of stocks jumped in the afternoon session after the second quarter (2025) earnings season got off to a strong start. Quarterly earnings reports released during the week exceeded Wall Street's expectations, fueling investor confidence. Around 50 S&P 500 components reported, with 88% of those exceeding analysts' expectations, FactSet data revealed.
Investors were also encouraged by several positive reports that painted a picture of a resilient consumer. One key report revealed that shoppers increased their spending at U.S. retailers more than economists had anticipated. Precisely, retail sales increased 0.6% from May, surpassing the 0.2% estimate. This robust consumer spending is a crucial pillar supporting the economy.
Shares of social network Snapchat (NYSE: SNAP)
jumped 4.3% in the afternoon session after the company received a vote of confidence from investment firm Citizens JMP, which reiterated its "Market Outperform" rating and a $12.00 price target on the stock.
A number of stocks fell in the afternoon session after the Trump administration announced intentions to impose a 35% tariff on many goods imported from Canada.
While strong cash flow is a key indicator of stability, it doesn’t always translate to superior returns.
Some cash-heavy businesses struggle with inefficient spending, slowing demand, or weak competitive positioning.
11 best performing large-cap stocks last week, including Symbotic, Nike, First Solar, Datadog, HPE, Summit Therapeutics, Carnival, POSCO, Wynn Resorts, SharkNinja, and Snap
With the "Magnificent Seven" (and their close peers) not performing so magnificently anymore, it's time to figure out where the next big growth opportunities are.
Snap Inc. (NYSE: SNAP) shares are trading higher Tuesday after Wells Fargo raised its price target on the stock from $8 to $11, citing stronger-than-expected revenue growth in a stabilizing ad market.
The State of Utah has alleged that Snapchat exploits teens with addictive features, enables illegal activity, and violates privacy laws through its app and AI tools.
