As major indices continue to trade near record highs it has become more difficult to hunt down valuable stocks at cheap prices. But if you can find those stocks, and if those stocks happen to boast a dividend yield of 3%, it gives investors an opportunity for solid returns at a time when many stocks are overpriced. Both Williams-Sonoma, Inc. (NYSE:WSM) and Ford Motor Company (NYSE:F) offer investors....More>>>
Remember Mark Zuckerberg’s former classmate and business partner Eduardo Saverin?
The Facebook (FB) co-founder is no longer in the U.S. after famously renouncing his American citizenship. But he hasn’t given up on the tech industry.
B Capital Group, the venture capital firm Saverin set up, just announced it has raised $360 million for its first fund. It’s investing....More>>>
This is the kind of stock market "divergence" that I like to see… Master limited partnerships (MLPs) recently fell more than 4% over five days… while oil prices rose. Whenever I see a crazy divergence like that, I usually ask one question: "What happens next?" We looked back to see what happened to these companies after previous divergences like....More>>>
The Coca-Cola Company posted its second quarter earnings on July 26, reporting a 16% fall in revenues, hit by headwinds of 17% from the refranchising of its bottling operations, and a 2% impact from foreign currency. On the positive side, organic revenues grew 3% driven by its price/mix growth and concentrate sales, while core business organic revenues improved by 4%. Meanwhile, the company’s....More>>>
Cimarex Energy (NYSE:XEC) was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Monday.
Several other research firms have also issued reports on XEC. Piper Jaffray reaffirmed a “hold” rating and issued a $138.00 price target on shares of Cimarex Energy in a research....More>>>
Finding specific patterns in stock price movements is one of the best ways to crush the market.
We are talking gains like $1,050, $988, or $1,260 in a matter of seconds.
While hedge funds and big banks on Wall Street have armies of researchers, AI programmers, and $24,000 financial data subscriptions, average investors are left to discover these patterns on their own.
Media headlines about DNB Financial (NASDAQ:DNBF) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. DNB Financial earned a....More>>>
Despite facing a $400 million budget hole, Delaware is the latest state to repeal its estate tax—as of Jan. 1, 2018. Democratic Governor John Carney Jr. signed a stand-alone estate tax repeal bill today, just two days after signing the 2018 state budget, which includes tax hikes on real estate transfers, tobacco and alcohol.
“The very wealthy don’t have to move down to Florida,”....More>>>
Elon Musk’s Twitter (TWTR) feed is getting attention this morning, after Tesla Inc.’s (TSLA) CEO jabbed at The Economist and dumped a financial guidance bomb on bears – all at 1:11 a.m. ET.
Here’s the tweet in question:
The Economist used to be boring, but smart with a wicked dry wit. Now it’s just boring (sigh). Tesla will be profitable & cash flow+....More>>>
Overstock.com stock price has run from $15.95 on August 2nd this year to a 12-year high of $65.70. If closed Monday this week at $46.10. The incredulous run-up in OSTK was ignited when OSTK decided to grab onto the coattails of the cryptocurrency mania. The company announced on August 8th that it would begin to allow shoppers to pay with Bitcoin and other cryptos. Then in October, OSTK announced....More>>>