Shares of Ross Stores (ROST) spiked last week following a solid earnings report, which marked its 6th consecutive quarterly revenue and earnings beat. Shares declined a little over 1% on Friday, and I think shares look like a bargain. Like its peer TJX Companies (TJX), I believe the company is o
During his campaign for Rhode Island General Treasurer, investment newbie Seth Magaziner (31 year old son of Bill Clinton policy advisor Ira Magaziner) promised greater transparency regarding the state pension’s high-risk, costly opaque alternative investments gamble than his predecessor, Governor Gina Raimondo.
Promises, promises. When was the last time a politician followed through....More>>>
Shares of Bank of America (BAC), Citigroup (C) and JPMorgan Chase (JPM) are rising today, but not Wells Fargo (WFC) despite beating earnings forecasts this morning. Why? Evercore ISI’s John Pancari and team single out Wells Fargo’s exposure to energy:
Patrick T. Fallon/Bloomberg News
Wells Fargo reported 1Q16 EPS of $0.99. Ex gain on sale of Wells Fargo’s crop....More>>>
CFRAs Ken Leon takes a look at investment banks that he thinks should benefit from increasing M&A activity.
Leon writes that a favorable economy, in which companies and private equity firms have plenty of cash on hand, as well as a benign political climate will boost M&A activity in this year. Cross-border transactions, which made up more than....More>>>
June 26, 2017: Here are four stocks trading with heavy volume among 49 equities making new 52-week lows in Monday’s session. On the NYSE, advancers led decliners by more than 2 to 1 and on the Nasdaq, advancers led decliners by about 4 to 3.
Marathon Oil Corp. (NYSE: MRO) dropped about 1.1% Monday to post a new 52-week low of $11.40 after closing Friday at $11.53. The 52-week....More>>>
Oil prices have risen above $50 since OPEC’s agreement to cut production. Energy-related names like National Oilwell Varco (NYSE:NOV) have risen with it. The stock is up about 20% in the month of December. NOV will likely trade with oil, yet some of us still follow earnings fundamentals, including the rating agencies. The company’s Q3 revenue fell sequentially by 5%, while EBITDA....More>>>
President Trump’s executive order rolling back energy regulations is unlikely to spawn a surge of jobs or a quick reduction offuel prices, as the basic rules of economics maintain a powerful hold on the industry.
Will coal jobs suddenly come roaring back? Dont bet on it. Will the price of electricity go into reverse? Not likely. Will increased federal land rights for oil and natural....More>>>
Companies with growing earnings per share (EPS) are often good investments as they can return a good profit to investors. Here is a selection of the most undervalued companies, according to the DCF calculator, that have a five-year growing EPS.
EPS of Ever-Glory International Group Inc. (EVK) grew by 17% over the last 10 years.
According to the DCF calculator, the stock is undervalued....More>>>
On Thursday, our Under the Radar Moversnewslettersuggested smallcap electrical power conversion product stock Ideal Power Inc (NASDAQ: IPWR)as a long trade:
We’re taking a bit of a flyer with Ideal Power, but the upside is worth the risk. While it’s in the red today, if you look closely you’ll see all it took was a brush of all the recently-hurdled moving average lines to....More>>>
The market is clearly taking its lead from the buzz surrounding the tax reform vote as futures spent the overnight session on a dizzying roller coaster ride. This morning’s trade is less exciting with the major indices trading mixed; however, there are still a number of popular stocks that