The recent earning announcement on May 31, 2017 created sudden fear in the public’s mind and brought the stock price of Michael Kors (NYSE:KORS) down by around 9% in one day. As of this writing, the price remains at $33. In this article, I will discuss one negative and five positives, and explain why you should consider buying the stock at this low price.
1. Inauguration Day: On Friday, Donald Trump will be sworn in as the 45th president of the United States.
Since his election, Trump has shown an uncanny ability to move markets. Bullish investors, girded by his pro-business rhetoric, have pushed the Dow closer and closer to 20,000 points. But the Republican has also introduced a degree of uncertainty. Trump has made a habit of targeting....More>>>
Under Armour INC (NYSE:UA) released a new line called Under Armour Sportswear in New York Fashion Week on 15th September. This line includes different collection of clothes like $200 woolen pants and $1,500 trench coats. It does not have athleisure component to them and the designers have targeted this new line at “ambitious millennials” who are looking at something different than the....More>>>
During the recession, it was much easier to find mega-conglomerates that fit our purchase criteria, but the upward march of stocks has significantly pared back the list of such candidates, notes Benj Gallander, editor of Contra the Heard.
General Electric (GE) — our Top Pick for conservative investors in 2017 — continues to play musical chairs, buying and selling subsidiaries....More>>>
WFT CEO Krishna Shivram. Source: WFT Annual Report
Last month Weatherford International (NYSE:WFT) borrowed $540 million in senior notes to pay down its revolver and cure a potential covenant breach. It also raised about $450 million in equity to help shore up its balance sheet and fund more cash burn. The shares were sold to a passive investor who also has warrants to acquire an additional....More>>>
Beating Alzheimers is going to be a team sport. We now have our new quarterback. Referencing billionaire Microsoft co-founder Bill Gates announcement today to join the fight to cure Alzheimers, George Vradenburg, chairman, president and co-founder of UsAgainstAlzheimers - a movement bent on stop
Sales Trends A Bit Soft, But Nothing To Worry About
I have been a bit disappointed by Nordstroms (NYSE:JWN) recent results. Not because it was a bad quarter per se, but because it broke the sequence of constant overperformance compared to other peers in the
It's been a bad month for Pegasystems (NASDAQ: PEGA), with investors running for the exits after a huge top-line miss in Q3. For an enterprise software company, there's probably nothing worse. Pegasystems sold off from all-time highs near $65 and now trades nearly 20% lower, in the low $50s.
I have previously written some articles where I have tracked Tesla's (NASDAQ:TSLA) construction and purchases of property, plant, and equipment (P,P & E), as well as Tesla's payments for them. The reason Tesla does not have to pay for all its equipment up front was explained in