Barron's Weekend Stock Picks: Globalstar Satellites, Catalent And Dell's Delightful Destiny

Zinger Key Points
  • After years of struggling, Globalstar Satellites is poised to turn things around, investors believe.
  • Dell also has a bright future ahead, according to analysts.

Benzinga reviews this weekend's top stories covered by Barron's. Here are the articles investors need to read.

In "Globalstar Satellites Could Score for Small Devices, IoT, Says New Boss," Bill Alpert writes that investors are optimistic that Globalstar Satellites GSAT could finally turn a new leaf with Paul Jacobs, former CEO of wireless chipmaker Qualcomm, and his team of Qualcomm veterans, at its helm. 

In "This Specialty Chip Stock Has Strong Earnings and Fat Margins. That Drew Short Sellers," Alpert explains why caution should be exercised when it comes to New England-based Allegro MicroSystems Inc ALGM, which has seen automakers clamor for its chips as an increasing number of cars include assisted-driving features or run on electric power. 

"Catalent Stock Soars on Agreement With Activist Investor Elliott Management," by Carleton English, tracks the trajectory of New Jersey-headquartered multinational company Catalent Inc CTLT, which saw a huge boost after it settled with investment firm Elliot Management, onboarded four new directors and agreed to carry out a strategic review. 

"Tesla Finally Raised Prices. Why the Stock Is Tumbling," by Brian Swint, notes that the market is trying to process what Tesla Inc's TSLA new Model 3 means for the company's sales growth and market share in China, amid intense EV competition in the country. 

"Dell Stock Hits a New High. 3 Reasons for Optimism," by Adam Clark, discusses why analysts are high on computer hardware company Dell Technologies Inc. DELL, which could benefit from the growth in artificial intelligence. 

Read Next: EXCLUSIVE: Cathie Wood Credits AI For Tesla FSD Losing Its Training Wheels

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