Enbridge Energy, Limited Partnership (NYSE:EEP) had its target price lowered by Barclays from $16.00 to $11.00 in a research report sent to investors on Tuesday morning, Marketbeat reports. The brokerage currently has an equal weight rating on the pipeline company’s stock.
Facebook (FB) has received some negative publicity lately with the Cambridge Analytica scandal, resulting in its stock taking the heavy beating by plummeting more than 15%. As a result, much has been written about whether the current stock price level is attractive for a buy, including many articles written on Seeking Alpha. While my end-point is the same, the tools I am going to use are quite different.
If there is one stock that has managed to figure out how to transform itself to adapt to the cloud business, it is Adobe (NASDAQ:ADBE). Since Adobe began transitioning its offerings onto a SaaS model, the stock’s performance has steadily climbed. It has climbed nearly 80% since a year ago, and analysts believe that there is more to come.
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I was right on schedule with CVS Health (NYSE:CVS), picking up shares just under $74. Recall that this stock has been absolutely crushed in the last 6 months and is now one of my worst performing stocks this year among those that I follow. When I asked what the hell was going on in the name, I told you that CVS shares were a bargain under $75. It didn’t take long for the stock to surpass $80,....More>>>
Both Amazon.com (NASDAQ:AMZN) and Google’s parent company,Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), are trading near their all-time highs. Amazon’s stock has climbed so much in the past 12 months, it’s made its founder and CEO Jeff Bezos the second wealthiest person in the world, recently surpassing Warren Buffett and Amancio Ortega. Alphabet shares are up a modest 11%, compared with....More>>>
Shares of the e-commerce king, which is also now a cloud computing giant, connected-home leader, drone company, freight airline, Hollywood studio and even a traditional brick-and-mortar retailer, rose above $900 for the first time Tuesday.
It’s another all-time high.
Amazon (AMZN, Tech30) stock is on a seven-day winning streak.....More>>>