General Motors (GM) just jumped after a short upbeat earnings call, and deservedly so, as it has lagged the market considerably since 2011. I’m going to take this opportunity to give CEO Barra some credit. A lot of exciting stuff is happening at General Motors, like 1) its operations are throwing off cash; 2) they are cutting loose underperforming parts; 3) there’s future optionality....More>>>
The Q4 2016 earnings report for small cap restaurant stock Noodles & Co (NASDAQ: NDLS) is scheduled for after the market closes onThursday (March 2nd). A couple of weeks ago, Noodles & Co announcedthat it completed an $18.5 million private placement sale of Series A Convertible Preferred Stock and warrants to purchase shares of the Company’s Class A Common Stock to an existing shareholder....More>>>
What to do about Kraft-Heinz (NASDAQ:KHC)? One of Berkshire Hathaway’slarger holdings (Berkshire owns roughly 26.7% of shares outstanding, controlling the company in tandem with Brazilian investment firm 3G Capital),Kraft’s stock has tumbled roughly 28% in 2018, as the consumer packaged foods industry (“CPG”) has come under pressure.
In addition, the market is growing....More>>>
Cimarex Energy (NYSE:XEC) was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Monday.
Several other research firms have also issued reports on XEC. Piper Jaffray reaffirmed a “hold” rating and issued a $138.00 price target on shares of Cimarex Energy in a research....More>>>
There’s no way around it: the S&P 500 now has a P/E ratio of more than 26 going into the first earnings season of 2017, and even the “safest” bets are starting to look scary.
Unless we see massive profit growth all around, there’s a real risk this bull market is going to stutter—or worse.
So where do you go for value? It’s....More>>>
Snapchat just spent $100 million to acquire a tech startup to help its advertising campaigns. But the acquisition by Snap Inc. (NYSE: SNAP) is more desperate than savvy, which is why Facebook Inc. (Nasdaq: FB) remains our top pick for social media stocks…
On Nov. 3, 2017, Snap acquired Metamarkets, a startup that measures the effectiveness of advertising campaigns, for just under....More>>>
The issue for airline stocks like American Airlines Group Inc (NASDAQ:AAL) is whether investors really can trust the sector — at all. The fact that American Airlines shares trade at just 6x forward EPS estimates shows that the market still has quite a bit of skepticism. But a strong run in AAL stock following its 2014 bankruptcy exit shows that there is money to be made in the sector…....More>>>
April 26, 2018: Here are four stocks trading with heavy volume among 100 equities making new 52-week lows in Thursday’s session. On the NYSE advancers led decliners by about 2 to 1 and on the Nasdaq, advancers led decliners by about 9 to 5.
AT&T Inc. (NYSE: T) dropped about 7.8% Thursday to post a new 52-week low of $32.47. Shares closed at $35.20 on Wednesday and the stock’s....More>>>
The world’s largest automaker is putting big money into electric vehicles in China.
Volkswagen (VLKAF) and its local partners plan to invest more than 10 billion ($11.8 billion) to build electric and hybrid cars in the country — the world’s biggest auto market — over the next seven to eight years.
More electric vehicles are sold in China than anywhere else....More>>>
Since Last Time
I have taken a long break since I last wrote on my favorite holding, Career Education Corporation (CECO). Every article I’ve written has received, at best, a lukewarm response. Few seem interested, least of which Wall Street. On the last two earnings calls, no analysts were present. The company continues to get no serious research; almost nobody but myself actually....More>>>