If youre bullish on oil, then Continental Resources (CLR) is the stock for you. I believe the company will likely significantly grow its earnings in 2018 due to higher realized prices and around 20% production growth. Meanwhile the company, which burned cash flows in 2017, will likely report str
Oil prices are coming back to life. Global demand is soaring on the back of booming global GDP growth and oil inventories are plummeting even during winter which is a historically slow period for demand. As oil prices and the cash flow of oil companies rise, oil producers will inevitably return
PayPal, the electronic payments firm, is entering the robo-advisory business. It has announced a new arrangement with Acorns, a robo-advisory firm focused on small investors, that essentially creates a two-way street for customers with accounts at....More>>>
The price of crude oil topped out in June 2014, then bottomed in February 2016 and has since partially recovered. During this period, the price of oil plunged by 76% and reached historic proportions, even in relation to other energy boom and bust cycles of the past. Let’s update the energy sector’s present status and use historical trends to anticipate what the future holds for investors.....More>>>
AMD remains our favorite semiconductor stock despite market volatility sending shares lower for the past week. Notwithstanding the discrepancy in valuation, we like the underlying fundamentals of AMD and expect the share price to trade higher upon confirmation of solid Q2’17 and Q3’17 earnings results.
Furthermore, the stock price likely exhibits momentum from here, assuming asset....More>>>
International Game Technology (NYSE:IGT) reported its Third Quarter 2017 Results on Tuesday, November 14th, much to the delight of investors. Shares ended the day up 15% as the company reported earnings of $0.40/share vs. expectations of $0.24/share. The casino equipment maker’s stock was having a lackluster year but is now nearing its 52-week high of $32.07.
Netflix Inc. (NASDAQ:NFLX) is bubbling, and one important lesson is that bubbles burst. A counter point is bubbles persist and you do not necessarily want to short the stock because you may be caught up in a short squeeze. I believe it is a great time to take profits in NFLX. My recommendation is to sell some of your stock holdings to preserve capital and/or take some profits. Strike while the iron....More>>>
Recreational vehicles have hit a stretch of popularity that the industry hasn’t seen since the 1970s, and Thor Industries (NYSE:THO) has found itself in the right place at the right time. The RV specialist has made every effort it can to boost its growth to take advantage of favorable conditions, both by ramping up its existing internal operations and by looking for strategic combinations....More>>>
This time of year, taxpayers are bombarded with advice about maximizing deductions to reduce tax bills. By now, most of us know that we can donate to charity, pay off medical expenses, and pre-pay our mortgage interest to boost deductions. But what if instead of focusing on increasing deductions, taxpayers checked out ways to reduce taxable income? In other words: what could....More>>>
NVIDIA (NASDAQ:NVDA) has grown its revenues very aggressively in the past 3 years. This article appreciates this fact. What this article attempts to do is put into perspective NVIDIA’s current trading valuation.
I argue that in spite of superb business opportunities ahead, this growth is already accounted for. Currently, it is priced with no margin of safety....More>>>
Yesterday, our Elite Opportunity Pronewsletter suggested mid cap upscale department store stock Nordstrom, Inc (NYSE: JWN) as a potential speculative short trade:
I’m not going to dig deep into their financials, but trust me when I say we are not fans of Lululemon Athletica Inc. (LULU), The Kroger Co. (KR) and Nordstrom Inc. (JWN) right now As you can see with JWN, although the stock....More>>>
Huntington Bancshares (NASDAQ:HBAN), one of the top banks in the Midwest has expanded over the past years with successful mergers & acquisitions. Huntington Bancshares posted better than expected financial results for third quarter 2016. The bank reported total revenue of $938 million in Q3, significantly higher than wall-street expectations. With a solid franchise in the Midwest, Huntington....More>>>
Money Morning Director of Technology & Venture Capital Research Michael Robinson is still a big fan of Bitcoin and many of the other cryptocurrencies out there. But he acknowledges that they are not for everyone.
Shares of Kura Oncology (KURA) have risen by more than 90% since I presented the idea to readers in September of last year. The stock has climbed 38% since my update piece published in late November in which I stated my expectations of continued upside due to multiple clinical catalysts in 2018
Yet another profit upgrade sent Fever-Tree Drinks Plc shares soaring in early London trading, propping up an already giddy valuation for the U.K. maker of premium tonic water and lemonade. Shore Capital analysts say that while they can see the growth opportunity, a price-to-earnings ratio o
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W