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
A majority of the attention of investors concerning U.S. oil resource and reserves has rightly been in the shale play in the lower 48, but Alaska has been enjoying a lot of new oil discoveries, and there will be plenty more to come in the years ahead.
Just over the last year a minimum of “5 billion barrels of recoverable oil” has been discovered....More>>>
(Bloomberg) — Prices for individual major medical plans are stabilizing in Pennsylvania and will continue to unless the Trump administration and Republicans in Congress take action that would hurt the program, the state’s insurance regulator....More>>>
Higher yields, weaker gold and utility stocks have hurt “flight to safety” investments.
The rise in the 30-year bond yield held its 200-week simple moving average at 3.05% over the past two weeks. And the gold bullion exchange-traded fund held its 61.8% Fibonacci retracement level of $112.04 on Friday.
The yield on the 30-year U.S. bond rose to as high as 3.091%....More>>>
Small cap staffing stock Staffing 360 Solutions Inc (NASDAQ: STAF), which is in the midst of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations with operations in the US and UK, pre-announced its unaudited financial results for the fiscal second quarter ended November 30, 2016. Expected revenue rose 14% to$47 million and expected gross profit....More>>>
FBR’s Thomas Curran and Mark Kelley contend that Halliburton (HAL) and Baker Hughes (BHI) will need General Electric’s (GE) help if their merger–blocked yesterday by the Department of Justice–is to succeed:
Confirming the past week’s media reports, the U.S. Department of Justice (DOJ) announced yesterday, April 6, that it will sue....More>>>
Goldman Sachs analyst Noah Poponak and team like the defense sector but have some concerns about Lockheed Martin (LMT), particularly its valuation. They explain:
Matt Cardy/Getty Images
We continue to hold an Attractive sector view on Defense, where Lockheed is the bellwether and owns one of the Pentagons fastest growing programs in the F-35. However, the remainder of the portfolio....More>>>
Several days ago Fitbit (FIT) and Dexcom (DXCM) announced they are partnering to develop CGM (continuous glucose monitoring) solutions for people living with diabetes. The first product will incorporate DXCM's CGM data and bridge it with FIT's new Ionic watch. Users of Android and iOS devices wou
News of Amazon’s huge $13.7 billion (bn) takeover bid for Whole Foods Market represents the largest US grocery deal over past decade and is leaving rivals in the retail sector quaking. It’s a big play by the retail behemoth in the US and yet another signal of the seismic shift in
Investors should applaud Alphabet's (GOOG) (NASDAQ:GOOGL) latest decision to allow developers to block rooted Android devices. One of the provisions found in Google's SafetyNet Exclusion allows developers to block or exclude app support on devices that do not pass basic integrity. This inclu
Lately, there have been a lot of questions about the overvaluation of stocks in the cybersecurity space. I've had contributors who think the entire sector should be shorted. I mean, regardless of growth rate, ROIC or P/E, just short the entire sector and its glory.