Shares of Ross Stores (ROST) spiked last week following a solid earnings report, which marked its 6th consecutive quarterly revenue and earnings beat. Shares declined a little over 1% on Friday, and I think shares look like a bargain. Like its peer TJX Companies (TJX), I believe the company is o
Shares of Bank of America (BAC), Citigroup (C) and JPMorgan Chase (JPM) are rising today, but not Wells Fargo (WFC) despite beating earnings forecasts this morning. Why? Evercore ISI’s John Pancari and team single out Wells Fargo’s exposure to energy:
Patrick T. Fallon/Bloomberg News
Wells Fargo reported 1Q16 EPS of $0.99. Ex gain on sale of Wells Fargo’s crop....More>>>
Micron (NSDQ:MU)stock has been on atear of late gaining more than 65% in the last six months compared to 12% gain in the NASDAQ in the same period.The bullish run in the stock price was triggered by aspate of goodnews, including improvingfundamentals and demand supply economics in DRAM and NAND segments. The recent run in the stock has changed....More>>>
The U.S. stock market closed out another quiet week with small losses on Friday. The market opened the session lower and then climbed through mid-day. After an early afternoon selloff, the major averages closed near their best levels of the day.
Gainers included The GEO Group (NYSE: GEO), which jumped almost 22 percent a day after plunging nearly 40 percent on news that the U.S. government....More>>>
The travails and triumphs of the market visited two of its mavens this week, when a PR fiasco sunk Warren Buffett (Trades, Portfolio) stock United Airlines and an unlikely burst occurred in one of Prem Watsa (Trades, Portfolio)’s most stubborn stocks, BlackBerry.
Shares of United Continental Holdings dropped 4.29% on Monday and Tuesday, shaving $88.9 million off of Buffett’s holding....More>>>
If, like me, you were born in the early 1970s, you probably saw Star Wars when it came out in 1977. And if you’re like me, you remember Red Leader flying along the trench at the Death Star declaiming “almost there” over and over again like a mantra before missing his shot and getting blown to bits. Does anyone else feel that way as the S&P 500 tries to hit a new record high?
For small cap marijuana and cannabinoid stocks or players, NASDAQ listedGW Pharmaceuticals PLC (NASDAQ: GWPH)and Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE) along with OTC listed Cannabis Science Inc (OTCMKTS: CBIS) and Medical Marijuana Inc (OTCMKTS: MJNA) are probably the first stocks that come to mind. However, small cap Lexaria Bioscience Corp (OTCQB: LXRP) is focused on a unique niche that combines....More>>>
February 21, 2017: Here are four stocks trading with relatively heavy volume among 34 equities making new 52-week lows in Tuesday’s session. On the NYSE, advancers led decliners by more than 2 to 1 and on the Nasdaq advancers led decliners by about 4 to 3.
Sabre Corp. (NASDAQ: SABR) dropped about 1.8% Tuesday to post a new 52-week low of $20.89 after closing Friday at $21.30. The 52-week....More>>>
Avangrid (NYSE:AGR) is a fairly new utility company, having been formed in 2015 through the merger of UIL Holdings and Iberdrola USA. The company operates in two segments: Avangrid Networks and Avangrid Renewables. The company expects earnings to grow at 8-10% per year, which will lead to dividend growth. *Much of the following information is taken from the November 2016 Investor Presentation to....More>>>
The market is clearly taking its lead from the buzz surrounding the tax reform vote as futures spent the overnight session on a dizzying roller coaster ride. This morning’s trade is less exciting with the major indices trading mixed; however, there are still a number of popular stocks that