Q: The stock market seems to be reaching new record highs every day. Are there any stocks that still look cheap?
Corporate earnings have exhibited pretty impressive growth as a whole over the past few years, so the market’s performance is somewhat justified. However, many stocks do look to be rather expensive right now — particularly in the tech sector. Yet some bargains remain.
It’s been an interesting few years for T-shirt manufacturer Delta Apparel (NYSEMKT:DLA). A huge spike in cotton prices in 2011 helped turn a near-$2 EPS in FY11 into a loss in FY12. (DLA fiscal years then ended in June; the company moved to September in 2013.) Delta managed to recover in FY13, getting EPS back over $1 – and then the company’s Soffe brand started falling apart,....More>>>
September 13, 2017: Markets opened mixed Wednesday and none of the major indexes has strayed far from the break-even line with less than an hour to go until the closing bell. The producer price index rose by 0.2%, a little less than expected. Among the sectors, energy has posted the largest gain following the report on U.S. inventories while real estate and healthcare lagged. WTI crude oil for October....More>>>
Qualcomm has agreed to buy NXP Semiconductors (NASDAQ:NXPI) in a deal that values the chip maker at $110 a share, or $47B, including debt, as it seeks to expand the reach of its chips from phones to cars. “The combined company is expected to have annual revenues of more than $30B, serviceable addressable markets of $138B in 2020 and leadership positions across mobile, automotive, IoT, security,....More>>>
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Tesla is set to reap massive revenues from the industry which powers every other one: energy. Solar energy will power TSLA stock going forward.
Since its IPO in 2010, Tesla (NSDQ:TSLA) has had short periods of volatility and also uncertainty about its viability as a game-changing company. Elon Musks ambitious projects had raised some eyebrows on the Wall Street. However, recent developments....More>>>
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For the second week of October, we have four companies expected to go public on our upcoming IPOs calendar. These four companies could raise a combined $768 million, according to Renaissance Capital, a manager of IPO-focused ETFs.
Three of the upcoming IPOs this week are in the energy sector, and one is in the communication sector.
In terms of potential deal size, Extraction Oil....More>>>
Enbridge Energy, Limited Partnership (NYSE:EEP) had its target price lowered by Barclays from $16.00 to $11.00 in a research report sent to investors on Tuesday morning, Marketbeat reports. The brokerage currently has an equal weight rating on the pipeline company’s stock.
Analysts predict that Container Store Group Inc (NYSE:TCS) will post sales of $231.21 million for the current quarter, according to Zacks. Two analysts have issued estimates for Container Store Group’s earnings, with estimates ranging from $230.11 million to $232.30 million. Container Stor