It may be a holiday weekend, but 24/7 Wall St. wanted to give investors, business owners, and consumers insight intowhat to expect as 2016 ends and 2017 gets closer. The first order of business will be a Federal Reserve interest rate hike in December.
Unless new data suddenly sours, you can bet with close to certainty that Janet Yellen and her voting members of the Federal Open Market Committee....More>>>
European stocks, which have lagged their U.S. counterparts dramatically since the bull market began in 2009, are closing the gap. In the first five months of 2017, the MSCI Europe index returned 16.6%nearly double the return of Standard & Poors 500-stock index.
See Also: Great Foreign Stocks That Pay Dividends
Whats behind Europes resurgence? For one thing, European....More>>>
Stocks look set to continue last week’s selloff on fears that the failure to pass the Republicans health-care bill could jeopardize Donald J. Trump’s pro-growth agenda.
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S&P 500 futures have dropped 0.8%, while Dow Jones Industrial Average futures have declined 141 points, or 0.7%. Nasdaq Composite futures have fallen 0.8%.
This analysis will show why we think OpenText (OTEX) is one of the few undervalued companies in the technology sector. Per the fiscal 2017 annual report, OpenText made progress expanding into the enterprise information management such that the company sees a total addressable market size of $35 billion. Given the overall market size and associated need of enterprise information management, OpenText....More>>>
For the past few years, I’ve been watching an important consolidation pattern in the U.S. dollar because I believed that another major move would likely occur when the dollar finally broke out. The U.S. Dollar Index finally launched a bullish breakout due to optimism about Donald Trump’s election win and higher expectations for future U.S. economic growth, inflation, and interest....More>>>
Many investors who watched Fitbit (NYSE:FIT) and GoPro (NASDAQ:GPRO) crash and burn may believe that demand for wearable devices — like fitness trackers and action cameras — is fading. Indeed, earlier estimates for these markets were far too bullish.
Back in 2014, Morgan Stanley estimated thatApple would sell up to 60 million Apple Watches in the first year. The actual number,....More>>>
Shares of oil stocks plunged again as the price of West Texas Intermediate wiped out nearly half of its late-January rebound. Sluggish demand growth and stubbornly high supply has had investors whipsawed for months.
In all the confusion, it is difficult not to look at the long-term picture and be positive on oil and shares of energy companies. The dramatic cut in the North American rig....More>>>
This Top Pick — an auto parts firm involved in seating and electrical systems — scores better than about 99% of the nearly 5,000 companies in our proprietary Quadrix ranking system, explains Richard Moroney, editor of Dow Theory Forecasts.
At nine times trailing earnings, Lear (LEA) has a P/E ratio that is by far the lowest on our Focus List, among the lowest 9% in our universe,....More>>>
Perrigos(PRGO)CEO Joseph Papa recently left to become head of Valeant Pharmaceuticals(VRX)this week. Perrigo veteran JohnHendrickson will take over the helm of Perrigo, and time will tell if this is a positive move, according to Jefferies David Steinberg. But he doesnt think investors should wait around to find out.
Steinberg and his team today downgraded Perrigo from....More>>>
SEOUL–South Korean exports–a bellwether for global trade–rose for a fourth straight month in February on brisk demand overseas. Shipment growth was faster than expected.
Exports rose 20.2% from a year earlier to $43.19 billion in February after the prior month’s 11.2% gain, according to preliminary data from the trade ministry and the customs office. The latest reading....More>>>