A video board display’s the numbers after the closing bell of the Dow Industrial Average at the New York Stock Exchange on November 8, 2017 in New York. Wall Street inched to another trifecta of record closes with the Dow finishing at its fifth straight all-time high. / AFP PHOTO / Bryan R. Smith (Photo credit should read BRYAN R. SMITH/AFP/Getty Images)
Salesforce.com, Inc. (NYSE:CRM) will report its fourth-quarter earnings after Tuesday’s bell, and based on the charts, it looks like investors are optimistic. CRM stock has jumped nearly 20% for the year-to-date.
Source: TopoI6 Via Flickr
But the markets have broadly been in bull mode of late, with plenty of participation coming from the tech sector. And investors still have....More>>>
Syngenta AG (SYT) CEO Erik Fyrwald said Wednesday that he was “entirely confident” the company’s $43 billion takeover by China National Chemical Corp. would close in the second quarter of this year and dismissed suggestions it would be disrupted by a third party.
Speaking with CNBC Europe television following the Swiss pesticides group’s full year earnings report,....More>>>
Tractor Supply (NASDAQ:TSCO) is a name I’ve been bearish on for a long time. I’ve always found this stock to be very overpriced despite the fact that the fundamentals have – at times – been pretty stellar. But TSCO trading for $90 or better was never a case of the fundamentals driving the valuation and after the ill-fated Q3 report, it seems TSCO’s....More>>>
Alphabet (GOOGL) doesn’t seem like your typical growth stock, considering it opened at $1,030.99 this morning (Oct. 27, 2017). But Wall Street is overlooking the explosive potential our tech guru sees…
Money Morning Director of Technology & Venture Capital Research Michael A. Robinson believes Alphabet Inc. (Nasdaq: GOOGL) has $48 billion in new yearly hardware sales....More>>>
Large cap equipment rental stock United Rentals, Inc (NYSE: URI) reportedQ3 2017 earnings after the market closed on Wednesday with results beating Wall Street expectations. Total revenue was $1.766 billion and rental revenue was $1.536 billion versus $1.508 billion and $1.322 billion, respectively whilenet incomewas $199 million versus $187 million. Subsequent to the third quarter,United Rentals....More>>>
Saddle Brook, NJ, based Investment company Bulldog Investors, LLC buys Japan Smaller Capitalization Fund, Great Elm Capital, Putnam Highome Securities Fund, Central Securities, Clough Global Equity Fund, Delaware Enhanced Global Dividend of Beneficial In, Credit Suisse Asset Mgmtome Fund, New Ireland Fund (The), Delaware Investments Dividend &ome Fund, Liberty All-Star Equity Fund, sells First....More>>>
On November 1, 2017, Allergan (NYSE: AGN) reported better-than-expected Q3 2017 results, fueled by a solid performance from the key growth drivers and management rebased down the expectations for 2018 EPS assuming a worst case scenario for Restasis.
With the stock trading below 11x on NTM P/E, I think that the current valuation of Allergan is irrational.
Q3 2017 results
Since Under Armour (UAA) is down over 75% from its highs, this stock has attracted many bargain hunters at Seeking Alpha who’ve been trying to determine if it’s worth jumping into. This is my 15th Under Armour article and I’ve not once recommended the stock (and I still don’t). There have been ~10 articles that have come out since earnings, and they have for the most part....More>>>
Healthcare spending is on track to make up nearly 20% of U.S. GDP by 2025, according to the U.S. Centers for Medicare & Medicaid Services (CMS).
That’s one of the reasons we expect the biotech stock we’re showing you today to double in price by 2020.
Another catalyst for this top biotech stock is the aging baby boomer generation. There are currently 76.5 million....More>>>