Any time a growth stock like Amazon (NSDQ:AMZN) comes under pressure, value investors come out in droves citing the company’s ridiculously high earnings multiple as reason enough to stay clear of the stock. Growth investors and value investors are two entirely different breeds. One looks for deeply discounted fundamentally strong companies whereas growth investors concentrate a lot on growth....More>>>
Late last week, small cap algae commercialization stockAlgae Dynamics Corp (OTCQB: ADYNF) announced a research agreement with the University of Waterloo to perform fundamental research on cannabis oil and its constituents in the context of the development and treatment of cancers of the colorectum, pancreas, breast and prostate. This announcement follows a previously announced new strategic initiative....More>>>
Related Benzinga's Top Initiations Barclays Bullish On Cotiviti Shares Related MDVN Mid-Afternoon Market Update: CIFC Rises Following Acquisition News; Marathon Oil Shares Slide 10 Biggest Mid-Day Gainers For Monday Pfizer Pays Up (Seeking Alpha) ....More>>>
Crude oil futures were up Tuesday, with prices headed closer to session highs reached in the prior U.S. session, as expectations that the Organization of the Petroleum Exporting Countries will extend production cuts until early next year continued to boost trading sentiment.
The news, announced during a joint press conference by Saudi Arabia and Russia on Monday, lifted prices by as much....More>>>
Shale oil producer Whiting Petroleum (NYSE:WLL) is all set to benefit from an improvement in oil prices going forward as the company has managed to reduce its losses even in a challenging environment due to its cost control. In fact, driven by its focus on reducing costs, Whiting was recently upgraded by Stifel to “Buy” from “Hold” with a price target of $15. This implies....More>>>
May 23, 2017: Markets opened higher again Tuesday but have not moved much higher as the session went on. The blue chips performed best with particular strength in financials. Tech stocks and consumer discretionaries are on track for a down finish. WTI crude oil for July delivery settled at $51.47 a barrel, up 0.7%. June gold dipped 0.5% for the day to settle at $1,255.60. Equities were headed for....More>>>
Cobalt International Energy (NYSE:CIE) has been on a seemingly never-ending slide. After plunging 77.3% in 2016, the offshore oil developer picked up right where it left off in 2017, falling another 22.8% last month. While the company released some good news last month, investors continue to focus on its precarious financial position.
U.S. equities finished mixed on Friday, with the Dow Jones Industrial Average clawing back over the 21,000 level into positive territory in the final minutes of trading, keeping up the recent dynamic of last minute, end-of-day surges on Fridays to ensure sentiment is protected over the weekend. The bulls largely ignored small-cap stocks, however.
In the end, the Dow gained a fraction,....More>>>
Michael E. Lewitt
Yesterday, markets had their worst day in 2017.
The Dow Jones Industrial Average plunged about 240 points and the S&P 500 dropped 1.2% with financials falling over 2.5%. I think the selloff was due to concerns about Trump’s policies not having the magical effects the markets are counting on. I also think it had a lot to do with Rep. Kevin Brady’s....More>>>
If you want to make big gains in the market, you need to invest in growth. Just consider the gains you could have made during the U.S. consumer boom in the 1950s… From 1950 to 2015, U.S. gross domestic product (GDP) per capita rose 690%, adjusted for inflation. During that time, the S&P 500 soared 11,700% (not including reinvested dividends). Over the course....More>>>