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Barron’s Weekend Inventory Picks: Verizon, VF Corp And Altria’s Dividend Yield – First Residents BancShares (NASDAQ:FCNCA), DexCom (NASDAQ:DXCM)



Benzinga critiques this weekend’s high tales coated by Barron’s. Listed here are the articles traders must learn.

In “Verizon Inventory Is Having Its Greatest Week Since January. Right here’s What Sparked the Rally,” Angela Palumbo writes that Verizon Communication Inc‘s VZ inventory had its finest week since January after reporting sturdy Q3 earnings and a better dividend yield, regardless of a slight drop on Friday.

In “Dexcom Inventory Soars on Earnings. Ozempic Isn’t the Risk It Was Alleged to Be,” Jacob Sonenshine explains that DexCom, Inc‘s DXCM inventory is rising as sturdy earnings counsel that the adoption of diabetes medication like Ozempic is not considerably impacting the demand for steady glucose monitoring gadgets, with gross sales and revenue margins exceeding expectations.

In “VF Corp Activist Sees Inventory Doubling,” Carleton English writes that VF Corp VFC, the father or mother firm of The North Face, is going through heightened scrutiny and activist investor stress attributable to a 75% inventory decline within the final two years.

In “First Residents Inventory Has Taken Off. Its ‘Greatest Days’ Could Be Forward,” English says that First Residents Bancshares Inc FCNCA inventory has surged this yr on the profitable integration of Silicon Valley Financial institution, and analysts anticipate additional beneficial properties, though there are potential dangers.

In “Altria Inventory Selloff Lifts Dividend Yield to Almost 10%,” Andrew Bary writes that Altria Group Inc‘s MO inventory fell 8% attributable to an earnings miss and lowered 2023 steerage, resulting in an almost 10% dividend yield, with issues a couple of 10% drop in cigarette quantity.Learn Subsequent: Stellantis And UAW Strike Tentative Settlement, Ending Six-week Labor Strike

This content material was partially produced with the assistance of AI instruments and was reviewed and revealed by Benzinga editors.Photograph: Shutterstock

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