The Latest Breaking News from CVEO

While the Fed’s dovish comments have ignited a massive stock market rally, robust jobs growth entails that the central bank has more work to do when it comes to taming inflation. As investors turn cautious, we believe it could be wise to scoop up fundamentally strong stocks Acuity Brands (AYI),…

While a recession in 2023 looks inevitable amid lingering macro headwinds, experts believe it to be mild. Moreover, amid high hopes for a Santa Claus rally, quality stocks Stellantis (STLA), Albertsons Companies (ACI), Poseida Therapeutics (PSTX), and Civeo (CVEO) could be ideal buys under $30 now. Keep reading….

The Fed’s tightening monetary policy raises concerns that the economy might be on the cusp of a recession. However, robust corporate earnings this season is providing some relief in the gloomy outlook. Given this scenario, here are two growth stocks, AmerisourceBergen (ABC) and Civeo (CVEO), which have demonstrated stable momentum…

Amid sky-high inflation and consecutive rate hikes, U.S. GDP witnessed another consecutive decline in the second quarter. However, investors seem to have shaken off recession fears causing U.S. equities to rally. Thus, we think quality growth stocks, Core Molding (CMT), Civeo (CVEO), and Genuine Parts (GPC), could be worth buying…

The International Monetary Fund recently cut its global growth projections for this year and the next amid the deteriorating macro backdrop with the relentless rise in inflation and the geopolitical war. However, despite the economic uncertainties, we think business services stocks Civeo (CVEO), ARC Document (ARC), TriNet Group (TNET), and…

The Fed’s hawkish stance in a high inflationary environment and a potential economic slowdown have triggered a broad-based stock market sell-off over the past few weeks. Due to this downtrend, fundamentally strong growth stocks RCM Technologies (RCMT), Coca-Cola (COKE), and Cenovus Energy (CVE) are currently trading at highly discounted valuations.…

The stock market plunged yesterday after a hotter-than-expected inflation data release. Many analysts believe it will be hard for the Fed to tame the surging inflation without pushing the economy into a recession. However, the market downturn presents an opportunity for investors to scoop up quality small-cap stocks Civeo (CVEO),…

Civeo Corp (NYSE:CVEO) reported first-quarter FY22 sales growth of 32%, to $165.68 million, beating the consensus of $142.24 million. The revenue increase was primarily due to a significant rise in Canadian lodge billed rooms, increased Canadian mobile camp activity, and improved Australian village billed rooms. Canada segment sales rose 55% Y/Y to…

Civeo (NYSE:CVEO) will host a conference call at 11:00 AM ET on April 29, 2022, to discuss Q1 2022 earnings results. How to Attend Civeo (CVEO) Conference Call Follow this link to access the live webcast.