Friday's Top Performers: Advertising, General Contractors, and Builders
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
Market Performance: General contractors and builders' shares have shown relative strength, increasing by approximately 6.6% as a group on Friday.
Leading Companies: Hovnanian Enterprises led the gains with a rise of about 10.8%, followed closely by LGI Homes, which increased by around 9.2%.
Sector Highlights: The article highlights advertising, general contractors, and builders as notable sectors for investment on that day.
Disclaimer: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
Analyst Views on ADV
Wall Street analysts forecast ADV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ADV is 2.50 USD with a low forecast of 2.50 USD and a high forecast of 2.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.819
Low
2.50
Averages
2.50
High
2.50
Current: 0.819
Low
2.50
Averages
2.50
High
2.50
About ADV
Advantage Solutions Inc. is a provider of business solutions to consumer goods manufacturers and retailers. It offers a platform of quality omni-channel services, such as brokerage (headquarter sales), retail merchandising, in-store sampling and private brand development. Its segments include Branded Services, Experiential Services, and Retailer Services. The Branded Services segment offers capabilities in brokerage, branded merchandising and omni-commerce marketing services to consumer goods manufacturers. The Experiential Services segment expands the reach of consumer brands and retailer products to convert shoppers into buyers through sampling and product demonstration programs executed in-store and online. The Retailer Services segment provides retailers with end-to-end advisory, retailer merchandising, and agency expertise to drive sales. It provides retailers with an end-to-end solution, including private brand strategy, merchandising, retail media and aisle/shelf optimization.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
