Management's rosy forecast is for double-digit percentage revenue growth this year, building on the 25% top-line growth the company achieved in 2022. In addition, management soothed investors' concerns about how the company is faring during this uncertain macroeconomic environment, noting that it wasn't seeing signs of a recession from its customer base. The most bullish of these analysts, Stephen Biggar at Argus Research, raised his price target on the stock from $180 to $210.
Lackluster earnings reports from some of the biggest companies in the U.S. haven’t put a damper on the stock market’s bounceback. “I still think the story is about the Fed,” said Leslie Thompson, chief investment officer of Spectrum Wealth Management.
Credit card providers are courting customers in a big way in early 2023, and they're using up-front bonuses to get the job done. "Credit card sign-up bonuses can offer great value if you find the right deal," said Debt Hammer founder Jake Hill. "Ultimately, it's important for any consumer shopping for a new credit card to keep in mind what kind of value the provider has to offer and whether the customer is looking for an introductory bonus or an impressive cashback program when signing up for a new card."