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.
Chevron (NYSE:CVX) is a company I have had my eye on for quite some time.
I have already elaborated on the mistake I made as a naive young investor, having panicked and sold my shares in Chevron at a price of $70, having been overly convinced by the media doom sayers that the oil industry will never be the same again.
However, from a long-term financial standpoint, Chevron still remains....More>>>
Stocks continue to print new highs. And many continue to doubt the rally–as they have for much of the post-crisis recovery.
They continue to say stocks are priced for perfection, implying that stocks are expensive, and/or that investors are assuming a perfect presidency from Trump. But remember, we’ve talked about the massive fundamental and technical performance gap that has....More>>>
Small cap sensor film stock UniPixel Inc (NASDAQ: UNXL) is sinking by a double digit percentage in after-hours and pre-market trading after reporting Q4 earnings. The problem for UniPixel is that only a few analysts cover the small cap stock and the bottom line loss was a bit worst than the 10 cent loss they were expecting. The stock also had a slight uptick ahead of earnings:
Best Biotech ETF: The biotech sector has been greatly outperforming the broader markets over the past three months. In fact, the Nasdaq Biotechnology sector has climbed more than 14% since June, while the Dow is up just 2% in that time.
And we see those biotech gains continuing from here. That’s why we’re bringing readers the best biotech ETF to buy now.
Stocks jumped back from modest declines that came late in Thursday’s trading session, and by the closing bell, both the Dow Jones Industrial Average(DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) indexes had posted tiny gains.
May 1, 2017: Markets opened higher on Monday following an agreement that keeps the federal government solvent through the end of September. Blue chips have shown very little gain today, with telecom and utilities performing worst and tech and financials performing best. WTI crude oil for June delivery settled at $48.84 a barrel, down 1% on the day. June gold also dropped 1% for the day to settle....More>>>
According to the GuruFocus All-in-One Screener, several gurus are focusing on stocks whose Peter Lynch fair values are far above the current prices. The following stocks are trading with wide margins of safety and have positive performances over the past 12 months.
Wi-LAN Inc. (WILN) is trading around $1.83 per share. The Peter Lynch value gives the stock a fair price of $2.3 so the stock....More>>>
Gainers Loxo Oncology Inc (NASDAQ: LOXO) rose 32.7 percent to $65.00 in pre-market trading after the company reported that larotrectinib trial demonstrated 76 percent confirmed objective response rate. Dynavax Technologies Corporation (NASDAQ: DVAX) shares rose 22 percent to $7.20 in the pre-market trading session after the company on Friday presented updated data for SD-101 in combination....More>>>
The candy maker said Tuesday that it’ll cut its global workforce by about 15%, which likely amounts to about 2,700 people. The company employs about 18,000 people worldwide, according to public filings last December.
The cuts will be “driven primarily by its hourly headcount outside of the United States,” the company....More>>>