Shares of Ross Stores (ROST) spiked last week following a solid earnings report, which marked its 6th consecutive quarterly revenue and earnings beat. Shares declined a little over 1% on Friday, and I think shares look like a bargain. Like its peer TJX Companies (TJX), I believe the company is o
The odds of a Fed rate hike in September just soared after U.S. Federal Reserve Chair Janet Yellen said the argument for raising interest rates has strengthened.
Yellen made the comment Friday at the Fed’s symposium in Jackson Hole, Wyo. But she wasn’t the only Fed official who spoke. Vice Chair Stanley Fisher suggested the Fed might actually raise rates twice this year.....More>>>
Penny stocks those stocks that trade for low prices, often with share prices of less than a dollar per share are dangerous. Period. Indeed, with a few exceptions, investors should steer clear of these uber-cheap stocks, which typically trade over-the-counter and not on a major exchange.
Call them penny stocks, microcaps or OTC stocks; by any name, theyre bad news. Promises of quick....More>>>
Seadrill Ltd (NYSE:SDRL) is deep into penny-stock land these days. A low-priced stock is often a bad investment. Just because it’s cheap, doesn’t mean it’s a bargain. Too often, while there can be huge gains in penny stocks, the risks are huge, as well. Given its recent problems, SDRL stock is not what it once was.
Seadrill used to be a high-flying company.....More>>>
Note from the author: I have no prior or existing financial relationship with Joe Lowry or any of his business interests. I have no business relationship with any company mentioned in this interview, nor I do own any shares of any of the companies mentioned here.
This is my fourth interview of “Mr. Lithium,” Joe Lowry. (Do people still call him that?) Following Joe’s advice....More>>>
Combine Florida man, a penny stock, a brand new cryptocurrency and multi-level marketing. What could possibly go wrong? That was my thinking when Ernie Land told me about Sunshine Capital Inc and Dibcoin. Sunshine Capital which plans on acquiring businesses has Rx Smart Coffee as one of its targets, so they are taking advantage of Ernie’s expertise in multi-level marketing.....More>>>
With legal marijuana sales in North America expected to climb from $6.7 billion in 2016 to over $20 billion by 2020, the prices of some marijuana penny stocks will skyrocket right along with the 198% increase in sales.
Marijuana penny stocks are still speculative investments, and only some will see their share prices jump thanks to the industry’s growth. But we want to make sure....More>>>
Pipeline giant Kinder Morgan (NYSE:KMI) has been on the upswing in recent days after reporting better than expected Q3 2016 results. The company was able to hit most of the marks analysts were looking for, lowering debt and leverage as well as providing a crucial update to its capital return (dividends) plans.
Many people don’t realize it, but when you get that final paycheck, it is one of the most important financial events of your life. The idea of no longer working for money and having access to a paycheck can do weird things to some people. In many cases, it can turn them into a penny pinching, wheeling-dealing, cheapskate who will go out of their way to save a buck or get a better....More>>>
Patrons enjoying an evening outdoors at Bryant Park Grill & Caf茅 (Source: Company Website)
Ark Restaurants Corp. (NASDAQ:ARKR) owns and operates 21 restaurant/bars and 19 fast food concepts/catering operations with different trade names except for Gallagher’s and Rustic Inn, of which there are pairs of each. Notably, ARKR owns Bryant Park Grill &....More>>>
Midcap poultry processing stock Sanderson Farms, Inc (NASDAQ: SAFM) reported fiscal Q3 earnings before the market opened on Thursday. Net sales were $931.9 million versus $728.0 million and net incomewas $115.8 million versusnet income of $54.7 million for the third quarter of fiscal 2016. The earnings release noted that compared with the third fiscal quarter of 2016, market prices for....More>>>
The market is clearly taking its lead from the buzz surrounding the tax reform vote as futures spent the overnight session on a dizzying roller coaster ride. This morning’s trade is less exciting with the major indices trading mixed; however, there are still a number of popular stocks that