GameStop highlighted as Bull of the Day, Starbucks as Bear of the Day.

From Zacks Investment Research: 2024-12-26 10:14:21

Zacks Equity Research highlights GameStop (GME) as the Bull of the Day and Starbucks (SBUX) as the Bear of the Day. GameStop, a leading video game retailer, faces challenges in the digital age but has a strong online presence. The company has raised a significant cash hoard through strategic stock sales. Meanwhile, Starbucks has experienced declining sales due to reduced consumer traffic and health concerns over sugary drinks. The company faces stiff competition and negative earnings growth. The Santa Claus Rally has begun, historically a positive period for stocks. Tech stocks like Astera Labs, Palantir, and Apple are performing well. Happy holidays from Zacks!



Read more at Zacks Investment Research: GameStop and Starbucks have been highlighted as Zacks Bull and Bear of the Day – December 26, 2024