Stock Groups

Wall Street analysts see upside in Five Below & Apple


Joel Anderson, Chief Executive Officer, Five Below 

Scott Mlyn | CNBC

The macroeconomic picture – and the longer-term expectations for certain stocks – is becoming clearer as earnings season continues.

TipRanks which monitors the most successful stock pickers, reports that Wall Street analysts are optimistic about Toast and Apple. Apple and IMAX will be reporting this week.

We’ll dive deeper into the stocks and discover why analysts love them.  


Cloud computing solutions are becoming increasingly popular in almost every area of our lives. A lot of companies provide a way to increase efficiency and convenience for customers, allowing enterprises to reach their full potential.

The same applies to the restaurant business, such as ToastTOSTThis relatively under-exploited market has allowed ) to rise to prominence. (See Toast Insider Trading ActivityTipRanks 

Mayank Tandon initiated coverage on the stock for Needham & Co., writing that Toast“Operates an extensive restaurant [point of sale]A management platform that integrates modern payment processing with software solutions. This allows restaurants to grow efficiently and run their day-to-day business operations. 

Tandon gave the stock a Buy rating and set a $70 price target.  

Five-star analyst said that there is potential for the company to grow its market. This would be seven times more than its current size. The company has not yet gone international, so he believes this will be the case.  

Tandon believes that Toast will offer both hardware and software, although it does have the potential to generate a lot of revenue. TOST’s “payroll management, online ordering and loyalty programs management” can be cross-sold after it has acquired existing restaurants. This positioning, according to the analyst is extremely advantageous to TOST in terms of expanding and recurring revenue.  

Toast has now prepared to weather the Covid-19 epidemic by expanding its number of serviced restaurants. This will allow it to be more economically reopen and help in its “land-and-expand” strategy.  

Tandon holds the No. 1 position on TipRanks. Out of over 7,000 financial analysts, Tandon ranks 99. He has been successful 67% of all the times and averaged 42.8% per rating.  


AppleAAPLAlthough ) was a favorite of many, it seems that almost every news outlet covers new product launches. This free publicity significantly lowers the cost. Apple’Ad expenses and margins. (See Apple News SentimentTipRanks 

Laura Martin of Needham & Co. mentioned this detail in her recent report, adding that the “rabid fandom” surrounding Apple has reached a point where the company can release hours of infomercials in a 30-day span and still get so much free coverage. It is an unusual phenomenon that she claims isn’t experienced by other firms in relation to brand awareness.  

Martin was bullish about the stock and gave it a Buy rating. This highly-ranked analyst chose $170 as the price target.  

Apple’s keynote presented again focused on the “improving speed, memory and editing capabilities” of its own silicon chips. Martin claimed that Apple’s vertical integration helps to create moats and protects it against outsourced chips.  

Apple’s penetration can also be a factor that boosts confidence. In fact, the number of iOS users has increased by 1.57 to 1.65 since early 2020. The “key leading indicator of AAPL’s upside value” shows a predicted decrease in churn. Due to its stickiness to accessory and software ecosystems and family plan pricing, as well the financing options available for iPhones and iPhones, it has been difficult for users to leave this vast ecosystem.  

Martin was ranked No. 191. Her stock picks have resulted in a success rate of 64%, and they have returned an average of 43.4% per pick. 

Five below  

Companies around the world are affected by shipping restrictions, but companies that take steps to protect themselves against these headwinds might be able to emerge stronger.

Value retailer(*) (Five BelowFixed-rate contracts and establishment of fulfillment centers are two ways that ) have managed to mitigate rising freight costs. Five Below intends to increase its segment Five Beyond (higher-priced) to more locations in order to offset rising freight costs.  FIVERandal Konik from Jefferies expressed his positive opinions about Five Below, writing that the company has been “quickly growing and investing its supply chain.” According to him, the company’s shipping costs are more protected than those of its competitors and the actual impacts will be “likely to be quite minimal.” (See

(Tip-ranks) Five Below Risk Factor AnalysisKonik assigned $300 as a price target to the stock and rated it a Buy.  

Five Below just opened an Arizona fulfillment centre, according to the five-star analyst. This center was operational during the quarter currently unknown. The company also announced plans to open a second Indiana center by the middle of 2022. This kind of vertical integration creates confidence in Konik that the company will have even smoother delivery, with shorter lead-times.  

Five Beyond’s implementation has been successful in over 270 retail stores. This number is projected to increase to approximately half of Five Below’s stores before 2022. Konik is thrilled that Five Beyond was established in so many stores prior to the start of holiday shopping season.  

TipRanks has named Konik the No.1 financial aggregator. Out of more than 7,000 professionals, Konik is ranked 415. His ratings have been successful 63% of time and he has averaged 22.1% per one.  


Small and medium-sized companies are often at disadvantage when it comes to customer interaction technology. To gain an advantage over your competitors, you need a data-driven customer relationship management tool. SaaS platforms have become a popular choice for companies looking to provide this service.(*) (

  FreshworksInitiating his coverage on the stock is Brian Schwartz of Oppenheimer & Co., who wrote that Freshworks has “blossomed into a true platform success story of substantial scale with an accelerating growth trajectory.” He asserted that the company can maintain a consistent industry-leading growth rate, as small and mid-sized businesses using outdated technology move to its platforms. (See FRSHTipRanks 

Schwartz assigned the stock as a Buy and set a target price of $50.  Freshworks Stock AnalysisThe analyst explained that Freshworks is on the verge of tapping into hundreds of thousands of customers who are “struggling to modernize and automate their customer engagement strategy.” The company clearly has an extended runway for organic growth.  

Schwartz stated that Freshworks’ strong management team had led to high revenues and billings for several years. He was enthused by the firm’s strong business performance and the company’s ability to outpace its “desk and service” peers considerably. He expects the company to continue its success with innovative and other initiatives.  

Schwartz advised caution about the potential danger of high-level competitors in CRM if they tried to target small or mid-sized companies. The company will face difficult comparisons after gaining so much momentum.  

According to TipRanks, Schwartz is No. Two out of over 7,000 analysts are Schwartz. He has had success with stock ratings 88% of his time and an average return of 67.4% for each.  


A strong slate of movies from the studios is bringing back consumers, even as Covid-19 troubles linger. The(*) (

Box office revenue has already returned to prepandemic levels. October could be the best month ever. While moviegoers appear to be able to cope with the virus, some analysts believe investors are overlooking IMAX.  

Eric Wold from B. Riley Securities says that although the movie industry and company are recovering faster than they expected, the stock is still underperforming the market. His belief is that stronger relationships with studios, greater theatrical releases and a higher screen count could lead to positive changes in IMAX’s third quarter earnings report, due out late October. (See IMAXTipRanks IMAXWold gave the stock a Buy rating and set a $30 price target.  

According to the five-star analyst, there have been many movie release methods during the pandemic. The one that is most profitable for IMAX seems to be the best. Wold said that simultaneous movie releases in theaters as well as on streaming platforms or “day and date” was not as effective as expected.  IMAX Earnings ResultsInstead, Wold wrote, “all the major studios …have agreed to implement exclusive theatrical windows for their film slates.” The prospect that IMAX would be called upon to distribute big film releases within shorter windows and more intensely demanded was exciting Wold. IMAX is well placed to seize this opportunity, thanks to its larger screen count.  

TipRanks rates Wold No. Wold is ranked No. 209 among more than 7,000 analysts. He is a successful analyst 67% of all time and averages a return of 35.1% for each trade.