Every night in 1995, I would deposit money overnight in a different currency… Sounds strange, I realize. But back then, as the vice president of a global mutual fund, one of my jobs was to execute our fund's trades. Once our U.S. trading day was done, we wanted our money to work for us overnight as well. We might put our money into French francs, German marks, or somewhere....More>>>
Constellation Brands (NYSE:STZ), the producer of premium wine and the Corona, Modelo, & Pacifico beer brands, has strong sales momentum acting as a tailwind. The company’s focus on premium margin growth is helping to drive earnings growth. Although Constellation’s valuation has increased over the past few years, the stock is valued below its peers on a PEG and Price to Sales basis.....More>>>
When an industry enjoys significant growth, individual stock valuations often rise with the tide. This firm’s inability to grow profits amidst record industry revenues raises a red flag. Add in significant competition, lagging margins, and an overvalued stock price, and it’s hard to justify any bull case. Nevertheless, this stock is up 48% over the past year. For these reasons and more,....More>>>
It’s been a long time since Valeant Pharmaceuticals (NYSE:VRX) stock was in a legitimate uptrend. Despite the hiring of a new CEO last year to right the ship, Valeant’s share price has continued to fall.
The question that investors must ask now isn’t when Valeant will turn things around. Instead, the key question is whether it will happen at all. Can Valeant Pharmaceuticals....More>>>
U.S. stock futures appear to be taking a breather this morning, after the major market indexes banked their second consecutive session of record highs on Friday. It will be a busy week for traders, as former FBI Director James Comey will testify this week before the Senate Intelligence Committee, the European Central Bank will hold a monetary policy meeting and U.K. election on Thursday could bring....More>>>
Mid cap pet stock Blue Buffalo Pet Products Inc (NASDAQ: BUFF)reportedQ1 2017 earnings after the market closed Tuesday.Net sales increased 7.9% to $302.0 million driven primarily by volume growth. Net sales of Dry Foods increased 6.4% to $245.2 million while net sales of Wet Foods, Treats and Other Products increased15.1% to $56.8 million. Net income increased 18.1% to $44.1 million and....More>>>
Expectations for at least a near-term stock-market correction once Donald Trump takes the presidential oath of office on Jan. 20 are running high. But one well-known Wall Street analyst argues that investors should shut out the speculation.
In a Friday note, Brian Belski, chief investment strategist at BMO Capital Markets, observed that, based on client conversations, a number of investors....More>>>
William Patalon IIIAs I mentioned in a recent column that offered my latest “Gold Anomaly” research reports, your Private Briefing subscription entitles you to everything we produce – from the daily alerts and “weekenders” to the in-depth research reports that I like to bring you.
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In my Trader column on Dec.3, I argued for more upside in Deere (DE), despite the fact that it had gained more than 30% on the year. Part of the argument was technical–Deere had finally broken out of a trading range that had been in place for five years–but I also noted that the agricultural equipment maker had been able to grow earnings despite continued sluggish demand for farm equipment.....More>>>