[ad_1] Anne Wojcicki, co-founder and chief executive officer of 23andme Inc., during the South by Southwest (SXSW) festival in Austin, Texas, US, on Friday, March 10, 2023. Jordan Vonderhaar | Bloomberg | Getty ImagesGenetic testing firm 23andMe said on Sunday it filed for filed for Chapter 11 bankruptcy protection in the U.S. to help the $50 million company sell itself and that co-founder and CEO Anne Wojcicki had resigned after multiple failed takeover bids.23andMe, whose saliva-based test kits help customers learn about their ancestry, had cut about 40%, or 200 employees, of its workforce and stopped development of all its therapies as part of a…
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[ad_1] Image source: Getty Images BAE Systems’ (LSE: BA) share price is up 42% from its 6 January 12-month traded low of £11.27. Some investors might think the stock cannot rise much further and ignore it. Others may believe they must buy it as the bullish momentum will surely continue. I know neither approach is useful in optimising long-term investment returns from my years as a senior investment bank trader. Instead, I focus on two things only in a growth stock. The first is how much value remains in it and the second is its earnings growth potential. How does…
[ad_1] Image source: Getty Images It’s been a shaky couple of years for the ITV (LSE:ITV) share price. Since reaching its peak in 2021, shareholders have been patiently waiting for management’s aggressive multi-billion pound investment in content creation and its new-ish ITVX platform to pay off. Yet looking at the latest results, this might be just around the corner. And with the stock trading at just 7.7 times earnings, investors could be about to witness a welcome surge. With that in mind, let’s explore just how much higher ITV’s share price could climb over the next 12 months. Investments are…
[ad_1] Image source: Getty Images After rising by over 20% since November, the AstraZeneca (LSE:AZN) share price is on a good run. And now management has just signed a $1bn deal to acquire EsoBiotec and further secure its long-term cancer therapy product portfolio. So, with the pharma giant making waves, investors are naturally beginning to ask, how much higher can this stock climb over the next 12 months? Let’s dig into the latest forecasts. Delivering results While the acquisition of EsoBiotec is leading the headlines, the deal itself isn’t likely to generate a return for investors for a while. After…
[ad_1] Image source: Getty Images Since the unveiling of National Grid’s (LSE:NG.) £60bn overhaul project in May last year, the share price has delivered some robust returns. In fact, the energy infrastructure stock is up by around 15% so far. Lately however, analysts have started getting bullish about incoming growth. So much so that price targets are actually on the rise, along with Buy recommendations from institutional analysts. So, what’s driving this new wave of optimism? And how high can the National Grid share price climb over the next 12 months? Changing tactics As a quick reminder, last year management…
[ad_1] Image source: Getty Images The last 12 months have been a bit rough for the ITM Power (LSE:ITM) share price. The once-loved hydrogen power stock has suffered yet another blow to its valuation, with the stock falling by over 40%. That continues a downward trend that started in early 2021. However, despite what this volatile implies, the underlying company’s finally starting to deliver tangible results. Revenue in the first half of its 2025 fiscal year (ending in April) almost doubled, from £8.9m to £15.5m year-on-year. At the same time, adjusted earnings have also slightly improved from a loss of…
[ad_1] (Bloomberg) — The rally in emerging-market local-currency bonds is getting more exotic, as investors seek to shield themselves from US-induced risks by venturing deeper into lesser-known frontier nations. Most Read from Bloomberg William Blair has bought bonds in Jamaican dollars, Dominican Republic peso, Pakistani rupee, and Zambian kwacha. Meanwhile, AXA Investment is holding securities in the Kazakh tenge, Ninety One is mulling Ugandan shilling notes, Pinebridge is evaluating Uzbekistani soum bonds, and BlackRock Inc. has added Serbian dinar debt to its portfolio. Money managers are increasingly making off-benchmark allocations, leaving currency risk unhedged as they seek the juiciest yields…
[ad_1] Image source: Rolls-Royce plc The last 12 months have been another blockbuster period of outperformance for Rolls-Royce (LSE:RR.) shares. The aerospace and engineering group has rewarded shareholders with a near-110% return since March 2024. And zooming out to when new CEO Tufan Erginbilgiç moved into the corner office, the Rolls-Royce share price has erupted by almost 800%! But with the shares now trading at a forward price-to-earnings ratio of 37, questions surrounding its valuation are getting louder. So is the stock heading north or south from here? And if someone were to invest £5,000 into Rolls-Royce shares today, how…
[ad_1] Filming an elevated overpass in Shanghai evening on a high-rise buildingGuowei Ying | Moment | Getty ImagesAsia-Pacific markets are mostly higher Monday as U.S. President Donald Trump’s April 2 tariff deadline looms.Australia’s S&P/ASX 200 added 0.07% to close at 7,936.9.South Korea’s Kospi was down 0.42% to close at 2,632.07 while the small-cap Kosdaq added 0.11% to close at 720.22 after South Korea’s Prime Minister Han Duck-soo’s impeachment was struck down by the country’s Constitutional Court.Japan’s Nikkei 225 slipped 0.18% to close the trading day at 37,608.49 while the Topix lost 0.47% to close at 2,790.88.Hong Kong’s Hang Seng Index…
[ad_1] Image source: Getty Images When exploring the FTSE 250, a lot of stocks are looking cheap right now. The UK’s growth index doesn’t seem to be getting a lot of love from investors as sentiment surrounding the British economy remains pretty weak. However, despite investor attitudes, institutional analysts have started exploring the index for bargains. UBS has recently described the FTSE 250 as being “in the right place, at the right rate”, adding the index to its ‘top investment ideas for 2025’ list. So why are analysts turning bullish? And could Safestore Holdings (LSE:SAFE) be one of the biggest…