The allure of the largest U.S. technology companies is understandable given significant returns last year, but their sheer size is the reason for their eventual downfall and long-term stock underperformance, according to Rob Arnott, founder of Research Affiliates.
Nike (NKE) released earnings last week that sparked disagreements whether the athletic-shoe company had turned a corner or still faced continued competitive pressures from the likes of Under Armour (UA) and Adidas. Count Credit Suisse analyst Christian Buss and team among the former:
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We adjust our estimates following Nike’s earnings release given:....More>>>
Shares of San Jose, California-based Nutanix Inc (NSDQ:NTNX)surged by a staggering 15% yesterday, taking the stock to about $32.5 a share. The stock, which was trading well below the consensus price target of $32.25, has now gone past that number. Yet, the strong rally might encourage some investors to consider buying the stock. More so, because NTNX has received a lot of positive coverage lately,....More>>>
Our colleague Ben Morris has been keeping a close eye on gold. Back in April, he noted that gold was close to breaking out of a multiyear chart pattern that could send prices much higher. But it wasn't yet official, so Ben recommended being patient and waiting for confirmation before getting too bullish on gold and precious metals. That was good advice – gold reversed....More>>>
” Even as I approach the gambling hall, as soon as I hear, two rooms away, the jingle of money poured out on the table, I almost go into convulsions.” /Fyodor Dostoevsky
The newly legislated entry into the global gaming market by Japan has raised prospects of a $30 billion market forming within the first five years of operation. As the implications of this game changing development....More>>>
Natural gas for transportation leader Clean Energy Fuels Corp (NASDAQ:CLNE) has steadily grown and improved the quality of its business and business results over the past several years. Today’s Clean Energy Fuels is leaner, has a stronger balance sheet, and is in a solid position as a market leader in a growth industry.
But is the stock undervalued? By one metric, book value per share,....More>>>
Apple stock could rise to $135 in 2017, driven by earnings growth as well as multiple expansion.
Shares of Cupertino, California-basedApple (NSDQ:AAPL) have been in a sort of year-end rally. After having traded in-line with the major stock market indices for the most part of 2016, the stock seems to have broken out with some momentum in the last month of the year. AAPL stock is up 4.6%....More>>>
Federal prosecutors are pursuing a potential settlement of their record-settingforeign corruption lawsuit that seeks$1 billion in assets, including future proceeds from the 2013 Hollywood hit movieThe Wolf of Wall Street.
Characterized by federal officials as the largest attempted seizure under anti-kleptocracy laws in U.S.history, the case targets officials who allegedly misappropriated....More>>>
A flag flies outside a Sears retail store on March 22, 2017 in Schaumburg, Illinois. Sears Holdings, the parent of Kmart and Sears, Roebuck, & Co., said there is ‘substantial doubt’ about the company’s financial viability (Photo by Scott Olson/Getty Images)
Hopes raised by a chairman’s letter on future strategy March 9 were crushed Wednesday when Sears Holdings....More>>>
Starting this week, some consumers may have a higher credit score.
Because of improved standards for utilizing new and existing public records, the three major credit reporting companies are now excluding all tax liens from credit reports. That means some scores will head higher, for some by
Marcus Co. (NYSE:MCS) – Stock analysts at Barrington Research reduced their Q4 2018 earnings per share estimates for shares of Marcus in a research note issued on Tuesday, April 17th. Barrington Research analyst J. Goss now forecasts that the company will post earnings of $0.28