div > div.group > p:first-child"> Activision Blizzard and Spotify were among the stocks Wall Street analysts recommended to clients as undervalued this week.
Last month, on the heels of the wildly successful Epic Games' 'Fortnite', Activision issued a weak forecast and announced it was cutting 8 percent of its staff. But Olson is betting on a rebound. If Spotify shares fall leading up to Apple's March 25th event, where the iPhone is expected to unveil streaming TV and subscription news services, it could be a reason to buy, noted Rosenblatt Securities analyst Mark Zgutowicz."Net-net, we are buyers on any weakness in front of Apple's event," Zgutowicz said.
"NWL shares continue to fade following a disappointing Q4 earnings report on 2/15 ... At this point, we believe expectations have been sufficiently rebased and that investor sentiment is now 'so bad, it's actually good.' Overall, we believe the market has lost sight of the underlying value in NWL's businesses given all of the moving parts, which exiting FY19 should ultimately be a simpler, faster growing company, with significant exposure to e-commerce...