London Stk Exchange Group (OTCMKTS: LNSTY) stock trades at $28.17 (down 1.12%) on June 17, 2021. It is a breakout and expects to reach $34 soon.
London Stk Exchange incorporated changes in its executive committee. Its Group Head (Data Analytics), David Craig, will leave the exchange at the end of this year. Andrea Remyn Stone will take over the charge of Data Analytics Group. London Stk Exchange will merge with Refinitiv soon.
London Stk Exchange decided to sell its London Stock Exchange Group Holdings Italia S.p.A to Euronext for cash of Euro 4.443 billion on April 29, 2021.
Should You Buy Iberdrola SA (OTCMKTS: IBDRY) stock?
Iberdrola SA (OTCMKTS: IBDRY) stock trades at $51.64 (down 8.2%) on June 17, 2021. Investors could consider exposure to this stock at lower levels for a target of $56.
Iberdrola entered a collaboration pact with GS Energy in June 2021. They would develop projects in Asia, including Korea. It is on the backdrop of strengthening its renewable projects such as photovoltaic projects, offshore, and onshore projects in the Asia Pacific.
The company expects potential growth in the Asian markets. It is also ramping up its activities in Australia and Japan in the renewable space.
LVMH Moet Hennessy Louis Vuitton SA (OTCMKTS: LVMUY) stock is on an upward trend
LVMH Moet Hennessy Louis Vuitton SA (OTCMKTS: LVMUY) stock trades at $164.35 (up 1.26%) on June 17, 2021. The stock gained 34.60% in six months.
LVMH Moet struck a deal with Google to utilize AI (Artificial Intelligence) to ramp up its sales. The deal allows providing a personalized experience to its online customers.
LVMH Moet could also benefit from inventory management and demand forecast using Google’s AI. It can target high-end products to its valued customers.
Cresco Labs Inc (OTCMKTS: CRLBF) stock trades at $10.51, Should you sell?
Cresco Labs Inc (OTCMKTS: CRLBF) stock is down by 1.22% and trades at $10.51 on June 17, 2021. Investors can exit this stock and enter at lower levels. Being an MSO in the cannabis space, Cresco posted a growth of 168% YoY to $178 million in Q1 2021 revenues. Its profits surged by 268.9% YoY to $87 million.