The author sees Axsome Therapeutics (AXSM) and Exelixis (EXEL) as attractive biotech stocks despite less investor attention than leading AI companies. Axsome's Auvelity sales rose 51% year over year to $180.3 million in the second quarter, about 82.6% of the company's $218.4 million revenue, and the drug recently gained approval for Alzheimer's disease agitation and is in a Phase 3 study for smoking cessation. Sunosi sales grew 20% to $35.8 million, and an AXS-12 application could be approved by May 2027. Exelixis posted $628.7 million in second-quarter revenue, up almost 11%, with its main drug Cabometyx protected from U.S. generics until at least 2030. The FDA extended the review for zanzalintinib to March 3, 2027, but the author believes approval remains likely.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Related news
- Buy, Hold or Sell TSLA Stock? Key Tips Ahead of Q3 Earnings
Tesla (TSLA) is scheduled to report third-quarter 2026 results after the close on Wednesday. The Zacks consensus expects earnings of 44 cents per share, down 12% year over year, and revenue of $27.8 billion, down 1.1%. Tesla delivered 486,532 vehicles in the quarter, up 1.3% sequentially but down 2.1% year over year and below the model estimate of 494,446 units. Zacks' Earnings ESP of -10.98% and Rank #4 (Sell) mean its model does not predict an earnings beat. The article notes that 2026 capex is expected to exceed $25 billion and shares are down 21% year to date, and it argues investors are better off staying away from the stock now.
- Should You Buy, Sell, or Hold META Stock Before Q3 Earnings Release?
Meta Platforms (META) reports third-quarter 2026 results on Oct. 21, with revenue guidance of $61 billion to $64 billion. The Zacks consensus is $63.24 billion in revenue, up 23.42% year over year, and $6.54 per share in earnings, down 9.79% from the year-ago quarter. Meta beat the consensus in three of the last four quarters, with an average surprise of 3.46%. Advertising driven by AI is expected to support revenue, with Advantage+ passing a $75 billion annual revenue run rate, while rising AI infrastructure and depreciation costs could weigh on margins. META shares are up 7.5% year to date, trailing the sector's 15.8% gain, and trade at 6.1X forward 12-month price/sales.
- My Top Dividend Growth Stock to Buy in October and Hold Forever
The author highlights Morgan Stanley as a dividend growth stock, with a recent yield of 2.5% and a total annual payout of $4.60 per share, up from $1.10 in 2018 and $2.95 in 2022. This year's quarterly dividend rose 15%, from $1 to $1.15, and share buybacks lift the total yield to about 4.8%. The firm has been expanding beyond investment banking into wealth and investment management; in the third quarter, revenue rose 11% to $20.3 billion, wealth management contributed $9 billion, and EPS grew 8%. The company repurchased $1.5 billion of stock in the quarter under a $20 billion authorization. The author suggests investors seeking growing dividend income take a closer look.
- 4 Turnaround Stocks to Buy Before 2026 Is Over and Hold for a Decade
The article reviews four software stocks that fell sharply in recent years but each grew revenue at least 18% in its latest quarter and rallied at least 38% over six months as of Oct. 16. Duolingo (DUOL) is down 57% over the past year and trades at 17 times trailing earnings, with revenue up 18.3% and about 18% of its float sold short. Monday.com (MNDY) is down 49% over the past year, has a market cap of $3.8 billion and trades at 38.3 times earnings, with revenue up 21.9% and 16% of its float shorted. Unity (U) has recovered after scrapping its unpopular 2023 install fee, with revenue up 23.9% and its stock up 54% over six months. GitLab (GTLB) has soared 145% over six months, with revenue up 21.3%, and sits 10% below its 52-week high.
- Pinterest Stock Is Down 18% This Year. Buy, Sell or Hold?
Pinterest (PINS) stock is down 17.5% this year, closing at $21.91 on October 16, but has rallied 19.9% from its September 9 closing low of $18.28. Holds now lead analyst ratings with 19, versus 17 Buys and 2 Outperforms, and the $29.05 mean price target has been unchanged since September 30. Q2 revenue rose 18% to $1.18 billion, but the Q3 guide of $1.19 billion to $1.21 billion implies 13% to 15% growth. Pinterest also named James Dibbo, who ran finance for Amazon's ads and Prime Video businesses, as CFO starting October 26. The article presents a bull case, citing 18% U.S. and Canada revenue growth and an adjusted EBITDA margin outlook of about 30%, and a bear case, pointing to slower Q3 growth and Hold-heavy ratings.
- Forget High - Yield Traps : AbbVie Is the Dividend King to Buy and Hold Through Any Rate Cycle
The article argues AbbVie (ABBV) is not a high-yield trap, since its free cash flow comfortably covers its $1.73-per-share quarterly dividend and most of its $70.8 billion debt is fixed-rate. The company has raised its dividend for 54 consecutive years, qualifying it as a Dividend King. Skyrizi and Rinvoq together brought in over $7.5 billion in Q2 2026, more than the $6.1 billion paid in dividends that quarter, and AbbVie has about 90 clinical-development programs, roughly 60 of them in mid- or late-stage studies. Its 2.5% yield is lower than before mainly because the share price has risen sharply, and the article notes that pipeline setbacks remain a risk.
Related markets
Latest news
- Meta Earnings: What To Look For From META
Meta Platforms (NASDAQ:META) will report earnings this Wednesday after the market closes. Last quarter, revenue reached $60.8 billion, up 28% year on year and above analysts' expectations, though revenue guidance for next quarter slightly missed forecasts; daily active users hit 3.6 billion, up 3.4%. The market expects revenue growth of 23.6% this quarter, slowing from 26.2% a year earlier, and analysts have generally reconfirmed their estimates over the past 30 days. Over the last month, consumer internet stocks have gained 1.3% on average, while Meta is down 4.8%.
- An AI bust could come from places investors arent watching , an economist says
Concerns about an AI bubble are growing, and TS Lombard's Dario Perkins warns that investors may be overlooking other risks. Debt among smaller cloud providers, model developers and suppliers could reach $2 trillion by the end of 2027. Perkins does not see this as a systemic risk, but warns that earnings disappointments and canceled orders could ripple through the ecosystem, and that a chip glut could follow over-ordering. Much of the industry's revenue growth still comes from spending within the AI ecosystem rather than from businesses and consumers outside it. He also flags political backlash, noting that ordinary people dislike AI and nearby datacenters, and warns that one high-profile accident could turn AI toxic.
- Yen jumps after JGB auction draws big demand , euro finds relief
The yen rose 0.2% to 158.15 per dollar in Asian trading after a 20-year Japanese government bond auction drew bids of 5.84 times the amount sold, well above the 4.01 times at the previous auction, and the yield fell 6 basis points to 3.71%. A State Street strategist said the record demand suggests sidelined cash is returning and that JGBs are becoming a relative haven from political and fiscal volatility in Europe, particularly France. Anti-government protests in France prompted curfews in several cities, while Italy said it would send 500 troops after two days of unrest, and the euro rallied 0.2% to $1.1234. Elsewhere, bitcoin slipped 0.3% to $81,674.25 and ether edged down 0.2% to $2,393.21.
- Unemployment rate dips to 4 . 7 % - but vacancies hit five - year low
Vacancies fell by 21,000 to 691,000 in the three months to September, the biggest drop since the three months to March and the lowest since July to September 2014 outside the pandemic, while unemployment dipped in the three months to August. Payroll numbers were down 66,000 over the year to September. The ONS said the fall was mainly among smaller firms struggling with higher labour costs, following rises in employer national insurance, the minimum wage and workers' rights. A CBI survey found labour costs and regulations were making it harder to create jobs, and firms urged the Chancellor not to add to their burden in the October 28 Budget. ICAEW's Suren Thiru said the labour market is 'running on idle' and unemployment could climb above 5 per cent, while Shadow Chancellor Andrew Griffith blamed Labour's 'Jobs Tax' and red tape.
- CNBC Daily Open: Tech rebounds in the U.S., but Asia isn’t buying it yet
U.S. tech stocks rebounded as the Nasdaq Composite rose more than 1% on Monday, with Nvidia up 1.4% and Tesla up 3.8%. In Asia, however, tech shares fell on Tuesday, with South Korea's Kospi down over 4% and Japan's Nikkei 225 down 1.6%. Nvidia also unveiled plans to back four German AI startups as part of its nearly $10 billion European investment commitment. Jenny Lee of Granite Asia said Asian companies are reaching IPOs much sooner, often at four to five years old, while Jio Platforms' Indian IPO saw its anchor investor quota oversubscribed more than 30 times, aiming to raise up to 302 billion rupees ($3.2 billion). In Singapore, several agricultural stocks fell after Senior Minister K Shanmugam warned that companies would not escape responsibility for possible roles in the haze, noting seven firms had been questioned by the Singapore Exchange.
- NiSource (NI) Stock Looks Overvalued Against Its Dividend Outlook
NiSource has nearly doubled shareholders' money over the past five years, delivering a 97.6% total return, which raises the question of whether dividends can justify the current share price. The article highlights a new 20-year energy agreement with Microsoft, including customer-funded grid upgrades and long-term electric service for data centers, which may affect future capital needs and cash-flow visibility. Using a Dividend Discount Model with inputs of about $1.35 dividend per share, roughly 9.07% return on equity, a payout ratio slightly above 61%, and implied dividend growth of about 3.5%, the estimated intrinsic value sits meaningfully below the current share price of $41.95. The model still does not bridge that gap, suggesting income investors are paying a premium for a relatively steady payout with modest assumed growth.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.