stock split

STARBUCKS CORP., $94.81, Nasdaq symbol SBUX, remains a buy for aggressive investors.

The company is a leading seller and roaster of specialty coffee. It has 39,477 outlets in 86 countries. Licensees operate about half of those stores.

The stock shot up 23% this week after the company replaced Laxman Narasimhan as its chief executive officer with Brian Niccol, the former CEO of Chipotle Mexican Grill Inc....

The shares of these two chipmakers are hitting new highs, due to the rapid spread of new artificial intelligence applications and activist pressure. We feel both can go even higher, but advise only aggressive investors to consider adding them to their portfolios.


NVIDIA CORP....

Thanks to investor enthusiasm for artificial intelligence (AI) software, specifically its ability to process huge amounts of data and improve decisionmaking, the class A shares of Alphabet have jumped over 30% since the start of 2024, hitting a new all-time high of $185 in late June.


The technology should improve the quality of its Google search engine, as well as its other platforms such as Android and Chrome....

PAGERDUTY INC., $19.71, is a buy. The company (symbol PD on New York) operates a platform that collect real-time data from software systems and devices and then notifies its IT customers of any incident that could harm their operations.

PagerDuty’s platform sits on top of a company’s technology systems, taking in data....

WALMART INC., $64.65, New York symbol WMT, is a buy.

The company is the world’s biggest retailer, with over 10,500 outlets in 19 countries.

Walmart continues to benefit as inflation draws more shoppers to its value-focused stores, particularly for groceries and health products....

In the past few years, Walmart has built up its e-commerce retailing platforms as more consumers embrace online shopping. That includes making it easier for customers to order products online and pick them up at a nearby store.


As part of that strategy, Walmart recently agreed to buy consumer electronics manufacturer Vizio....

CHIPOTLE MEXICAN GRILL, $2,902.96, is a buy. The company (New York symbol CMG; TSINetwork Rating: Extra Risk) (Shares outstanding: 27.6 million; Market cap: $80.2 billion; No divid.) now plans to split its stock on a 50-for-one basis....

CHIPOTLE MEXICAN GRILL INC., $2,882.04, is a buy. The stock (symbol CMG on New York) lets you tap this Mexican restaurant chain, headquartered in Denver. The company is a fast-food leader charging slightly higher prices than its competitors but offering better quality food, including naturally raised meat.

Chipotle now plans to split its stock on a 50-for-one basis....

Elevated interest rates and inflation continue to force CIBC to put aside higher amounts to cover potential loan defaults. However, actual loan losses remain small. As well, it looks like interest rates will come down in 2024, which will let it reverse some of those provisions....

We first recommended Alphabet (then called Google) as a buy for aggressive investors in our August 2011 issue of Wall Street Stock Forecaster at $607 (or $15.175 adjusted for splits). Since then, the stock has gained a whopping 767.8% for our subscribers.

That success is largely due to the early effectiveness of its Internet search algorithms, which delivered more useful results to its users than competing search engines....