Profund Advisors LLC lifted its stake in shares of NetApp Inc. (NASDAQ:NTAP) by 14.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,660 shares of the data storage provider’s stock after purchasing
Millions of seniors rely on Medicare to provide health coverage in retirement. But more than half of Gen Xers today aren't confident that Medicare will do the trick once they become eligible, according to new data from Ameriprise Financial. Consequently, many workers who are midway through their
If you’re looking for stocks that will deliver impressive gains this year, look no further than e-commerce giant Amazon.com, Inc. (NASDAQ:AMZN). Don’t get me wrong, it’s an expensive pick. Amazon stock has a share price of around $1,530 and a P/E of 332.88. However, those numbers are justified when you consider the amount of growth that lies ahead.
Dont fight the trend is an oft-used expression on Wall Street. It may be truer now than ever. Casting a dubious eye on what has amounted to a spectacular rise for equity markets since Donald Trump became president-elect in November is proving a costly enterprise.
Whether the advance for equities can sustain itself over the next month and into 2017 is anyones guess, but for now investors who....More>>>
Shares of Rogers Corp. (NYSE:ROG) gained 19.9% in April 2017, according to data from S&P Global Market Intelligence.
The company reported first-quarter results on April 26, sending share prices nearly 12% higher the next day. Rogers saw 27% year-over-year sales growth and 79% higher earnings, leaving analyst estimates far behind in both cases.
Analysts at Deutsche Bank hosted a panel of four experts to dissect Amazon.com, Inc. (NASDAQ: AMZN)’s proposed acquisition of Whole Foods Market, Inc. (NASDAQ: WFM). The analyst’s main takeaway from the discussion is that Amazon will become a “disruptive player” in groceries over the next five years with implications felt across the entire food sector.
As the worlds of tech and athletics merge, Under Armour (UAA) is determined to lead the charge.
Cowens John Kernan reiterated a Market Perform rating on the stock Monday, given its valuation, but writes that the firms commitment to technology and innovation continues. He writes that the North American athletic category is very competitive, and he thinks Under Armour....More>>>
RPM International (NYSE:RPM) isn’t a household name among investors, but the maker of Rust-Oleum and DAP makes a variety of coatings and sealants to serve consumer and industrial customers alike, including cleaning products, specialty restoration equipment, and building materials. Coming into Thursday’s fiscal third-quarter financial report, its shareholders had wanted to see significant....More>>>
Shares of crude-oil tanker operator DHT Holdings (NYSE:DHT) gained 13% in the first month of the new year, rising from $4.14 at the start of January to end at $4.69 at its close. Since February began, DHT’s stock has roughly maintained its gain.
DHT operates a fleet of 20 crude-oil tankers out of its headquarters in Bermuda.The prices it can charge....More>>>
Related CLF Mid-Day Market Update: FedEx Surges On Earnings Beat; Guess? Shares Drop Nomura Downgrades Vale, BHP Billiton From Buy To Neutral The Vetr community has upgraded $CLF to 4-Stars. (Vetr) Related SID Mid-Day Market Update: FedEx Surges On Earnings Beat; Guess? Shares Drop Brazilian....More>>>
There were a lot of questions going into Match Group's (NASDAQ:MTCH) earnings release. Just a week before, reports emerged that Facebook (NASDAQ:FB) planned on adding dating features to its ubiquitous social media site, causing Match's stock to dive 25%.