If youre bullish on oil, then Continental Resources (CLR) is the stock for you. I believe the company will likely significantly grow its earnings in 2018 due to higher realized prices and around 20% production growth. Meanwhile the company, which burned cash flows in 2017, will likely report str
A group of Senate Democrats are charging that billionaire Carl Icahn is using his role as President Trump’s regulation buster for his “own personal gain.”
Senators Elizabeth Warren, Al Franken and four colleagues sent the White House and EPA letters this week demanding answers to a series of questions they’ve raised about Icahn’s vast business empire and his....More>>>
Friday was a mixed day for the stock market; the Dow Jones Industrials fell slightly even as the S&P 500 (SNPINDEX:^GSPC) and Nasdaq Composite finished higher. The S&P 500’s gains of about a fifth of a percent were propelled in part by favorable economic data showing that retail sales climbed by 0.6% in December, driven by strong performance in the automotive sector. Solid bank earnings....More>>>
Remember when Bristol-Myers Squibb tumbled in August after announcing that a late-stage trial for the use of Opdivo in lung cancer failed to meet its primary endpoint? Well, Bristol is starting to make back some of those losses after releasing better-than-expected earnings today.
Bristol-Myers reported a profit of 84 cents a share, topping the Street consensus for 73 cents a share, on sales....More>>>
Can NVIDIA stock continue its remarkable run or will there be a correction?
NVIDIA (NSDQ:NVDA) stock is on a roll. The shares of the Santa Clara, California-based graphics card maker are up more than 250% for the year. Nvidia stock gained more than 7% in yesterday’s trade, that too on a strong volume (almost double the average volume), indicating that thestock still has strong momentum.....More>>>
Why should investors like marijuana stocks? For some, the rationale might be the enormous market potential. For others, it could be simply that many marijuana stocks have soared over the last year or so.
There are plenty of reasons for investors to like three marijuana stocks in particular — GW Pharmaceuticals (NASDAQ:GWPH), Insys Therapeutics (NASDAQ:INSY), and Aphria (NASDAQOTH:APHQF).....More>>>
The travails and triumphs of the market visited two of its mavens this week, when a PR fiasco sunk Warren Buffett (Trades, Portfolio) stock United Airlines and an unlikely burst occurred in one of Prem Watsa (Trades, Portfolio)’s most stubborn stocks, BlackBerry.
Shares of United Continental Holdings dropped 4.29% on Monday and Tuesday, shaving $88.9 million off of Buffett’s holding....More>>>
Money Morning Director of Technology & Venture Capital Research Michael Robinson is still a big fan of Bitcoin and many of the other cryptocurrencies out there. But he acknowledges that they are not for everyone.
Shares of Kura Oncology (KURA) have risen by more than 90% since I presented the idea to readers in September of last year. The stock has climbed 38% since my update piece published in late November in which I stated my expectations of continued upside due to multiple clinical catalysts in 2018