Dig into this weekend’s most compelling tales from Barron’s. Here are the pieces that should command investors’ attention.
In “BP Stock Has Been Ignored for Too Long. It’s Time to Buy,” Andrew Bary underscores that BP plc (BP) is reprioritizing its U.S. oil focus, with plans for a 50% production surge by 2030, potentially delivering value to investors.
In “Nokia and Ericsson Stocks Slump on Analyst Warning,” Eric J. Savitz details Barclays’ downgrade of Nokia (NOK) and Ericsson (ERIC), highlighting a caution about a 5G revenue slowdown and suggesting alternative options in the sector.
In “Texas Instruments Stock Rises as Analyst Predicts Higher Chip Orders,” Tae Kim reports on UBS’s decision to upgrade Texas Instruments Inc (TXN) to a “Buy,” anticipating an upturn in semiconductor demand as lead times stabilize.
In “Super Micro Computer Stock Jumps 30%. Why It’s on Track for a Record High,” Emily Dattilo analyses Super Micro Computer Inc’s (SMCI) stock soaring over 30% to $410.82 following the company’s upward Q2 guidance revision on robust demand.
In “Nvidia Is No Longer Citigroup’s Top Specialty Chip Stock. Here’s What Is,” Kim and Angela Palumbo reveal that Marvell Technology Inc (MRVL) has trumped Nvidia Corp (NVDA) as Citigroup’s leading semiconductor pick for 2024.
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