Shares ofGoPro (NASDAQ:GPRO) sank to fresh all-time lows on Monday, following an analyst downgrade (via Tech Trader Daily). Goldman Sachs analyst Simona Jankowski dropped her rating on GoPro from neutral to sell, while simultaneously slashing her price target down to a mere $6, or about 30% lower
Penn West Petroleum Ltd. (NYSE:PWE) has been to the financial cliff and back again. The achievements of the last two years are probably top 1% in many areas. There was a little trepidation as the latest announcement saw more changes in senior management. For many shareholders, those senior manage
May 4, 2018: Markets opened slightly lower Friday but traders didn’t wait long to put equities on a dead path up and to the right. A not-too-bad report on non-farm payrolls threatened to raise worries about inflation but some pressure is off now that trade talks with China have begun. Tech stocks also performed especially well in the session.
WTI crude oil for June delivery settled....More>>>
Our Long Idea reports aim to identify those firms that the market has overlooked and that, when analyzed beyond standard metrics, are significantly undervalued. These hidden gems provide excellent upside potential to any portfolio, with little downside risk.
In addition to individual Long Ideas, we provide Model Portfolios that provide well-screened lists of companies based on specific criteria....More>>>
Last night, Bloomberg reported that Sanofi (SNY) had made a bid for Medivation (MDVN) but had been rebuffed, while noting that other companies–perhaps Gilead Sciences (GILD), Amgen (AMGN) or AstraZeneca (AZN)?–were also on the prowl. SunTrust Robinson Humphrey’s Peter Lawson explains why Medivation might be biotech’s most wanted:
Greenwich, CT, based Investment company Silver Point Capital L.P. buys iShares Russell 2000, Quality Care Properties Inc, Hertz Global Holdings Inc, sells SPDR S&P 500, PHH Corp, C&J Energy Services Inc, Cars.com Inc, Caesars Entertainment Corp during the 3-months ended 2017-09-30, according to the most recent filings of the investment company, Silver Point Capital L.P.. As of 2017-09-30,....More>>>
Is a stock market pullback on the way? Maybe. And even if not now, it’s inevitable that the market will take a breather at some point in the future.
Smart investors will be ready to take advantage of a market pullback, whenever it comes and offers discount prices on great stocks. Three drug stocks appear to be excellent choices to buy on a dip: AbbVie (NYSE:ABBV), Allergan (NYSE:AGN),....More>>>
As well know by now, Under Armour (UAA) plunged on Tuesday after it missed earnings forecasts and cut its revenue-growth guidance in half, resulting in so many downgrades, I’ve lost count. So it’s nice to see one group of analysts–Baird’s Jonathan Komp and Benjamin Bray–urging investors stick wit the beaten-down sports-apparel company:
Small cap generic pharmaceutical stock Lannett Company, Inc (NYSE: LCI) is thesecond most shorted stock on the NYSE with short interest of 55.65% according toHighshortinterest.com. Lannett Company was founded in 1942 anddevelops, manufactures, packages, markets and distributes generic pharmaceutical products for a wide range of medical indications and therapeutic areas. The Company believes its....More>>>
Make way for some waves. CVS Health (CVS) and Express Scripts (ESRX) have released their formulary exclusion list for 2017, which details which prescription drugs will not be covered by health plans.
Why do we care? Commercial payors have been showing signs of pushing back against high drugs costs, which is a huge concern for drug companies and their investors. The coverage list determines....More>>>
New Yorkers should avoid the area surrounding Trump Tower, Mayor Bill de Blasio said on Friday — not exactly the type of advice area businesses want to hear heading into the holiday season.
Donald Trump’s neighborhood in Midtown Manhattan has been flooded by cops, Secret Service agents and protesters along with the usual hordes of shoppers, tourists and office workers since his....More>>>
CohBar, Inc. is a leader in the research and development of mitochondria based therapeutics (MBTs), an emerging class of drugs with the potential to treat a wide range of diseases associated with aging and metabolic dysfunction including non-alcoholic st
Since March 2009, the stock market has been virtually unstoppable. At one point in January 2018, all three major indexes -- the Dow Jones Industrial Average, S&P 500, and Nasdaq-- had essentially quadrupled from their Great Recession lows.
Wall Street analysts expect that Wright Medical Group NV (NASDAQ:WMGI) will report $197.17 million in sales for the current quarter, Zacks Investment Research reports. Fifteen analysts have provided estimates for Wright Medical Group’s earnings, with the lowest sales estimate coming in at $
After winning re-election in a vote derided as a sham, Venezuelan President Nicolas Maduro is embarking on a more difficult task: persuading everyone who labeled him a ruthless autocrat that he’s allowing enough freedom to avoid more punishment or international retribution.