Investors who have waited for a good entry point in Exxon Mobil Corporation (NYSE:XOM) now have their chance, given that shares of the Texas-based integrated oil giant has fallen almost 10% year to date, trailing the 7% decline in the Energy Select Sector SPDR ETF (NYSEARCA:XLE).
Source: Mike Mozart via Flickr (Modified)
XOM stock, now the worst-performing equity in the Dow Jones....More>>>
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The American College of Financial Services has launched a scholarship program to help boost the number of African-Americans in the financial services industry.
According to the latest data from the U.S. Bureau of....More>>>
Employing contrarian investing tactics is exceptionally difficult. Evolutionarily speaking, we are inclined to follow the majority and not stray from the pack. However, in investing, it can be extraordinarily lucrative to deviate from the consensus. The consensus view of Bed Bath & Beyond (NASDAQ:BBBY) is that the company faces several headwinds that will stagnate growth and cause the stock....More>>>
RBC’s Deane Dray and team look ahead to General Electric’s (GE) meeting next week, where it will highlight its digital platform:
General Electric Chief Executive Jeff Immelt Reuters
Outperform-rated GE is hosting an investor meeting spotlighting its GE Digital platform in San Ramon, CA on June 23. Expect Chief Digital Officer Bill Ruh to provide more specifics around....More>>>
Ad load slowdown could hurt Facebook ARPU growth and drag overall growth. But, should You Short FB stock?
Facebook Inc.’s (NSDQ:FB)stock price has been on adownward trend over the last 30 days. The sharp downward correction can be directly attributed to Facebooks third quarter earnings where the management warned investors of slow growth.
Facebook Chief Financial Officer David....More>>>
Fitbit Inc. (NYSE:FIT) has been in a clear downward trajectory since it hit its all-time high of about $50 per share shortly after its IPO in 2015. In the latter half of 2016, the stock took a huge hit, and as we begin 2017, is trading just off of all-time lows. I believe this latest selloff was unwarranted and was substantially a function of tax loss harvesting. Moreover, FIT has been gaining market....More>>>