Wall Street analysts tend to be a bullish lot, and few have been as bullish as FundStrat’s Thomas Lee, who’s been accused of being a perma-bull. But just as his colleagues seem to be embracing another year of gains, Lee has decided to dial back the optimism. In his 2017 outlook released today, Lee wrote that he expects that S&P 500 to finish the year at 2,275, down a few points from....More>>>
As the world shifts from legacy distribution to mobile and over-the-top viewing, both Time Warner (NYSE:TWX) and AT&T (NYSE:T) face a slowing growth long-term outlook, but in different ways. It’s totally understandable that these companies would consider solving their perceived problems and resolving their issues via mergers. Big Phone has a need for content to fill its massive distribution....More>>>
Three initial public offerings (IPOs) on last week’s calendar made it out the door and there are four new IPOs on this week’s list.
Among last week’s IPOs, Chinese-education company Bright Scholar Education Holdings Ltd. (NYSE: BEDU) sold 15 million shares at $10.50, above the expected range of $8 to $10 and raised $158 million. The first-day pop rang in at 28% and the stock....More>>>
SAN FRANCISCO The Amazon Go grocery store, now in the testing stage in Seattle, sounds like a dream come true for holiday shoppers waiting in long lines.
The underlying technology seems to be routed interra firma, however, a mix of cameras, microphones and the massive servers that Amazon uses to run its cloud computing service and power digital assistant Alexa.
Synchrony Financial (NYSE:SYF) is trading at a PE for 2018 of 10.6x with a yield of 1.7%. The business is growing well organically and has abundant capital. All this gives you three reasons to own SYF: nice value, growth and capital return (which might segue into a boost to growth).
Let’s start with the capital: CET1 ratio of nearly 18% at 3Q16 on a Basel III fully phased in basis.....More>>>
Shares of small cap natural compound and Cannabinoid extract stock Radient Technologies (CVE: RTI) have been taking off lately as the Company makes further progress commercializing its technology. The Company extracts natural compounds from a range of biological materials using microwave assisted processing (MAP), a patented technology platform which provides superior customer outcomes in terms....More>>>
Companies with growing earnings per share (EPS) are often good investments as they can return a good profit to investors. Here is a selection of the most undervalued companies, according to the DCF calculator, that have a five-year growing EPS.
EPS of Ever-Glory International Group Inc. (EVK) grew by 17% over the last 10 years.
According to the DCF calculator, the stock is undervalued....More>>>
John Buckingham, editor of The Prudent Speculator, focuses on a widely-diversified portfolio of value-oriented stocks; here, he reviews two leading pharmaceutical firms with promising drug development operations.
Biogen discovers, develops and delivers innovative therapies for the treatment of neurodegenerative diseases and autoimmune disorders.
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins