Here is how AMC Entertainment (AMC) and Adidas AG (ADDYY) have performed compared to their sector so far this year.
Morgan Stanley (NYSE:MS) is a big name on Wall Street, and many of its analysts are truly at the top of their game. While I wouldn’t blindly follow Morgan Stanley analysts, I do think they’re worth listening to whenever they update their notes or ratings. For the most part, Morgan Stanley is quite bullish on many of the market’s darlings, especially in the mega-cap scene. Amid the market’s latest upswing, they’ve been proven right to stay bullish, even as some of the bears out there have express
As Adidas aims to build on hot demand for its three-striped white and black Samba and multi-coloured Gazelle sneakers, it's also taking steps to prevent the shoes from becoming victims of their own success. Sales subsequently jumped from a couple of hundred thousand pairs a month at the start of last year to millions of pairs a month, according to CEO Bjorn Gulden, with Adidas now looking to further increase their popularity. The company said terrace shoe sales helped drive its strong performance in the first quarter, without giving detailed figures for the Samba, Gazelle and Spezial.