The last time we saw today's setup, one group of stocks more than doubled in four years and left U.S. stocks in the dust... It has nothing to do with China. And it might surprise you... European stocks are now dirt-cheap compared with their U.S. counterparts. Based on histo
With the collapse in Teva (TEVA) stock and other generics last week, I have reviewed my articles and find that the last time I commented on it and the generic industry was over a year ago. Before commenting on the values inherent in today’s lower prices for generics, here are the first two bullet points from my May 11, 2016, Seeking Alpha article, Generic Stocks Down; Are....More>>>
Maybe the election is over and maybe we all have to get back to work. What is not over is that the current Powerball jackpot has reached a massive $320 million. Maybe this is a lower amount at $202 million for the cash value lump-sum payment, but either way it is empire making money that can create multi-generational wealth.
With the drawing set for Saturday, November 19, the reality is that....More>>>
Consolidation in the refining sector is a clear signal towards the expected fall in crack spreads. Although crack spreads were already falling, M&A activity in the sector cements this belief that the time of low oil prices might be coming to an end. Tesoro’s (NYSE:TSO) acquisition of Western Refining (NYSE:WNR) serves a number of purposes for the company. The issue of weakening crack spreads....More>>>
American International Group Inc (NYSE:AIG) stock was down on Wednesday following a poor earnings report for the fourth quarter of 2016.
American International Group Inc reported losses per share of $2.72 for the fourth quarter of 2016. This is down from the company’s losses per share of $1.07 for the fourth quarter of 2015. It also failed to meet Wall Street’s....More>>>
The S&P 500 and Nasdaq tumbled this week as investors dumped tech stocks and investors looked ahead to the Italian referendum on Sunday.
The S&P 500 fell 1% this week after finishing little changed at2,191.95 today, while the Dow Jones Industrial Average ticked up 0.1% this week after dipping 21.51 points, or 0.1%, to 19,170.42. The Nasdaq Composite dropped....More>>>
Citigroup’s Kate McShane and team ask if the bull markets in Nike (NKE) andUnder Armour (UA) are over. Their answer: No. They explain why:
Since their respective analyst days last fall (Under Armour – Sept; Nike – Oct),Under Armour and Nike stocks are down ~17% and 5%, respectively. The pullback in both names appears to be driven primarily by....More>>>
Conventional wisdom suggests rising rates are bad for real estate investment trusts. In fact, that’s not always true. REITs have historically done well when the cost of money is increasing, asserts Keith Fitz-Gerald, editor of Total Wealth.
Between 1994 and 2013, for example, there were nine time periods when interest rates rose by more than 1% (or 100 basis points in trader speak)....More>>>
Sales Trends A Bit Soft, But Nothing To Worry About
I have been a bit disappointed by Nordstroms (NYSE:JWN) recent results. Not because it was a bad quarter per se, but because it broke the sequence of constant overperformance compared to other peers in the
It's been a bad month for Pegasystems (NASDAQ: PEGA), with investors running for the exits after a huge top-line miss in Q3. For an enterprise software company, there's probably nothing worse. Pegasystems sold off from all-time highs near $65 and now trades nearly 20% lower, in the low $50s.
I have previously written some articles where I have tracked Tesla's (NASDAQ:TSLA) construction and purchases of property, plant, and equipment (P,P & E), as well as Tesla's payments for them. The reason Tesla does not have to pay for all its equipment up front was explained in
Ever since the proposed acquisition of Rite Aid Corporation (NYSE:RAD) by Walgreens Boots Alliance Inc (NASDAQ:WBA) was restructured multiple times and eventually turned into an all-cash deal for a couple stores, RAD stock has been left for dead.