Energy was a key sector driving profits for S&P 500 index in 2017. Per the latest Earnings Trends, the index witnessed year-over-year earnings growth of 7.1% last year. However, excluding the Energy sector, the index’s earnings growth fell drastically to 4.4%.
Our Top Pick for more speculative investors is a biopharmaceutical company that discovers, develops, and commercializes oral antivirals in areas of unmet medical needs in the United States, explains Bill Mathews, editor of The Cheap Investor.
The lead product candidate from Chimerix (CMRX) is brincidofovir (CMX001), a nucleotide analog.
The drug is in Phase III clinical trials....More>>>
There’s been a lot of talk over the past few months about where Apple (NASDAQ:AAPL) may or may not expand its manufacturing footprint. President Trump would naturally like it if Apple brought some manufacturing jobs back home, despite the massive cost increases that would come along with such a move. But Apple has long faced challenges with expanding sales in India in part due to a government....More>>>
Longtime readers know Steve Sjuggerud is a true contrarian… Steve has made a career of recommending cheap, hated assets that most investors have no interest in owning… And he has a long track record of winners to show for it (including the best-performing recommendation in Stansberry Research history). But in last month's issue of his True Wealth Systems service,....More>>>
The government is about to unleash a controversial plan that will force many Americans to change the way they manage their retirement.
Dubbed the Obamacare of financial planning, this legislature is officially known as the fiduciary rule. And it has been touted as financial policy meant to serve in the best interest of investors, just like Obamacare was presented as health policy meant....More>>>
Social Security provides critical benefits to countless seniors and disabled Americans, but despite the program’s long-term standing, there has been talk in recent years of it running out of money. In fact, in a 2016 Transamerica survey, 77% of workers said they’re worried about Social Security going bankrupt by the time they’re set to retire.
U.S. stocks edged higher today, with five benchmark indices all closing at record levels as oil prices climbed higher.
It didnt take much to set those records. The S&P 500 jumped 16.29 points, or 0.75%, to close at 2,198.19. The Dow Jones Industrials ended at 18,956.83 after climbing 88.83 points, or 0.5%, and the Nasdaq Composite rallied 47.35 points, or 0.9%,....More>>>
Related TLT How Bond ETF Flows Affect ETF Sponsors Boring Bonds Boost ETF Asset Growth Related IWM Fast Money Picks For March 10 Fast Money Picks For March 8 Financial Risks: ECB Overstimulation (Seeking Alpha)
U.S. equities drifted lower on Thursday, risking a breakdown out of a tight two-month consolidation range just one day ahead of the inauguration of President-elect Donald Trump. This seems, on the surface, a little odd given Trump’s surprise victory boosted markets in a historic run to record highs.
But sentiment has turned recently, keeping the Dow Jones Industrial Average below....More>>>
I wrote bullishly about Deere (DE) back in December, and since then the stock has done…not much, gaining 4.8% to the S&P 500′s 4.1% rise. So I’ve tried to stay on top of the stock, both the bullish calls and the bearish ones–and today, I have another bear to add to the list. That would be JPMorgan’s Ann Duignan, who reiterated her Underweight rating on....More>>>
If one is to truly allege that the digital asset is little more than a massive ploy to defraud unwitting investors of their money, la Bernie Madoff, then one must admit that the entire stock market itself is one giant hustle, too.
Last week, Skechers (SKX) presented at UBS Global Consumer and Retail Conference, giving interesting updates on the status of their business and their expectations for the future. I think its worth refreshing our view of the stock and its attractiveness.
In the last few weeks, we have seen two high profile unicorns file for initial public offerings. The first out of the gate was Dropbox (Pending:DBX), a storage solution for a world where gigabyte files are the rule rather than the exception, with a filing on February 23. Following close after,
U.S. stock futures moved sharply higher on Monday, indicating Wall Street may extend gains seen late last week after data showed a strong increase in jobs created, but weaker-than-forecast wages. Dow futures