Gen Digital (GEN) has seen a meteoric rise, with a rating upgrade to
strong buy by Wall Street Zen, reflecting its outperformance of business services peers. The stock's solid performance against other Software - Infrastructure stocks, coupled with firm support from Wall Street analysts, bolsters its position. GEN's popularity among asset managers is also noteworthy, as reflected in a robust $38.61 million position by Achmea Investment Management B.V and other major buys by QRG Capital Management, and Simon Quick Advisors. With an increment of 4.5% since the last earnings report and a positive outlook as a value stock, momentum seems to be on GEN's side. The company, despite Trump's tariff announcement hitting tech stocks, maintains impressive financial standings and strength. Furthermore, the overall consensus rates GEN as one of the best software infrastructure stocks to buy. Upcoming highlights include Q4 and full-year 2025 results, which are expected to reveal major earnings. In a strategic move, GEN has appointed John Chrystal to its board and completed the acquisition of MoneyLion for $1 billion, magnifying its financial wellness capabilities. The acquisition was highly supported by shareholders and is contemplated to accelerate GEN's leadership in financial wellness market. The company's use of AI in future product enhancement, such as Norton Cyber Safety and Norton Neo browser, continues to innovate and solidify their market position.
Gen Digital Stocks GEN News Analytics from Tue, 24 Sep 2024 07:00:00 GMT to Sat, 28 Jun 2025 04:27:29 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor -3
