Anything thoughts on the short-term and long-term outlook for PYPL and QDEL? I saw somewhere that PayPal was projected to shoot up considerably after the dust settles from it earnings report. It has been a rising stock and isn't that far from it all-time high of 310.16 on July 26 (Monday of this week).
As for QDEL, it has previously reached 306.73 back on August 6 of 2020. It could well be working its way back up the slope.
I look forward to some input / feedback on them from some of you investors / traders!
Thanks much capper!
I don't trade stocks(just commodities) but when somebody here does trade them and wants to discuss it, I try to follow and contribute.
In this article you are going to find out whether hedge funds think Quidel Corporation (NASDAQ:QDEL) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after adjusting for known risk attributes. It's not surprising given that hedge funds have access to better information and more resources to predict the winners in the stock market.
I'm unable to copy this chart here (PAYPAL)