May 17, 2011 9:15 AM | 1 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
According to Citi, Dick's Sporting Goods (NYSE: DKS) will host a call at 10am ET 5/17.Citi said that DKS reported EPS of $0.30 vs. its $0.30, street's $0.29, guidance of $0.26-$0.28 with difference vs. its CIRA ests based on better SG&A (+3c on +4.2% vs. its +6.5%) and gross margin (+1c on +82bps vs. its +55bps) offset by worse sales and (-4c, +2.1% comp vs. its +4-6% estimate). “Although we acknowledge that 1Q sales were below expectations (mgt attributes to adverse weather), we believe execution remains intact on a solid athletic apparel trends, continued footwear innovation and momentum, a change in store mix to team sports away from some fitness and new ideas in the golf category. We believe DKS is on-track to meet +LSD full year comp expectations. We think stock performance on 5/16 (~stock down -3.7%) could yield a somewhat neutral performance today and weakness could be a buying opportunity given encouraging raised guidance, our view of continued product innovation, and attractive and unique sq. ft. growth profile.”Dick's Sporting Goods closed yesterday at $40.69.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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