Barron's Weekend Stock Picks: Oneok Shares Fall, Tyson Dips And Disney Sees Rating Lowered

Author: Justin Chan | May 20, 2023 02:30pm

Benzinga reviews this weekend's top stories covered by Barron's. Here are the articles investors need to read.
In "Oneok Investors Are Balking at the Magellan Deal," Andrew Bary writes that investors seem none too pleased with natural gas transmission company Oneok's (NYSE:OKE) planned merger with pipeline transportation business Magellan Midstream Partners (NYSE:MMP) as Oneok's stock has fallen since the $18.8 billion transaction was announced.
"Tyson Insiders Bought Up the Beaten-Down Shares," by Ed Lin, notes that Tyson Foods' (NYSE:TSN) stock has dropped due to a "disappointing fiscal second quarter and cut guidance." Still, Tyson insiders, including the company's president and CEO Donnie King, bought a large number of beaten-down shares on the open market, signaling a bullish outlook for the stock.
See Also: Analyst Warns Bitcoin And Other Crypto Assets Could Crash If This Happens: 'It Might Make A New Low'
In "Everyone Is Focusing on Bud Light's Transgender Controversy. They're Missing a Bargain Stock Opportunity," Bary notes that, the controversy surrounding Bud Light's decision to work with transgender influencer Dylan Mulvaney aside, Anheuser-Busch InBev (NYSE:BUD) is trading at an unusually high discount despite an improved balance sheet and strong positions across the globe.
"Disney Stock Lost a Bull. The Pivot to Streaming Will Be Painful," by Connor Smith, points out that one analyst has lowered his rating of Disney (NYSE:DIS) stock, citing the company's pivot to streaming — along with the slow growth in Disney's parks business and an ongoing dispute with Florida Governor Ron DeSantis — as having a noticeable impact on Disney's earnings.
In "Western Alliance, KeyCorp Fall as Report Says Yellen Notes More Bank Mergers May Be Needed," Emily Dattilo explains why shares of regional banks like Western Alliance Bancorp. (NYSE:WAL), KeyCorp (NYSE:KEY) and Zions Bancorp (NASDAQ:ZION) are having a rollercoaster moment amid Treasury Secretary Janet Yellen's announcement that more bank mergers could be on the horizon.
Read Next: A Massive Debt Forced This 33-Year-Old To Rethink Her Life. Now With A Hefty Retirement Fund, She's Sharing How To Turn Your Net Worth Positive.

Photo: Shutterstock

Posted In: BUD DIS KEY MMP OKE TSN WAL ZION