Is Fabrinet (FN) the Worst AI Stock to Buy According to Finance Media? [Yahoo! Finance]
Fabrinet Ordinary Shares (FN)
Last fabrinet ordinary shares earnings: 2/3 04:15 pm
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US:NYSE Investor Relations:
investor.fabrinet.com/investor-relations
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Source: Yahoo! Finance
Is a 0.5% Rate Cut Aggressive? Analysts have long predicted interest rate cuts and the Fed just lowered rates by 0.5% on September 18th. This is the first rate cut since the pandemic, driven by concerns about the labor market, and was followed by market volatility. The new benchmark rate is between 4.75% and 5.0%, with more cuts expected. Fed Chairman Jerome Powell stated that these cuts are based on economic data, not political factors. We have had several analysts supporting or opposing the 50 basis-point rate cut, both before and after the announcement was finally made. We recently discussed the President at Potomac Wealth Advisors, Mark Avallone's, stance on this aggressive decision made by the Fed. Here's an excerpt from our article on the 10 Worst Small Cap AI Stocks To Buy According to Short Sellers , that covered his opinion: “Mark Avallone expressed surprise at the Fed's decision but emphasized that investors shouldn't make impulsive decisions, but rather utilize poten
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News
- Fabrinet downgraded to Sell from Neutral at B. Riley [Yahoo! Finance]Yahoo! Finance
- Why Fabrinet Stock Sank Today [Yahoo! Finance]Yahoo! Finance
- Fabrinet (NYSE: FN) was downgraded by analysts at B. Riley from a "neutral" rating to a "sell" rating. They now have a $178.00 price target on the stock, down previously from $194.00.MarketBeat
- Fabrinet (NYSE: FN) was downgraded by analysts at B. Riley from a "neutral" rating to a "sell" rating. They now have a $178.00 price target on the stock, down previously from $194.00.MarketBeat
- Fabrinet (NYSE: FN) is now covered by analysts at Barclays PLC. They set an "equal weight" rating and a $292.00 price target on the stock.MarketBeat
FN
Earnings
- 11/4/24 - Beat
FN
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form 144
- 11/5/24 - Form 10-Q
- FN's page on the SEC website