Profund Advisors LLC lifted its stake in shares of NetApp Inc. (NASDAQ:NTAP) by 14.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,660 shares of the data storage provider’s stock after purchasing
Millions of seniors rely on Medicare to provide health coverage in retirement. But more than half of Gen Xers today aren't confident that Medicare will do the trick once they become eligible, according to new data from Ameriprise Financial. Consequently, many workers who are midway through their
Timing the market is easily one of the most difficult parts of trading. In particular, calling the market bottom and knowing when to get in is usually something investors only know way after the fact. 24/7 Wall St. is looking back to when the S&P 500 bottomed back in March 2009 to see how some of the major blue chips have fared since then.
Back on March 6, 2009, the S&P 500 bottomed....More>>>
Cryptocurrencies burst onto center stage in 2017, delivering what might very well be historic gains. For the year, the aggregate value of all digital currencies soared from a starting value of $17.7 billion to an ending value of roughly $613 billion. That works out to an increase of more than 3,300%! By comparison, the stock market has historically gained 7% a year, inclusive of dividend reinvestment....More>>>
The S&P 500 has been in one of the strongest bull markets in history since 2009. Yet surprisingly, in the past decade, the SPDR Gold Trust (GLD) has actually outperformed the SPDR S&P 500 ETF Trust (SPY) by more than 15 percentage points (even including the SPYs dividends). The GLD is up nearly 120% since 2006.
That didnt come in a straight line, of course. That covers a major run-up....More>>>
Kinder Morgan Inc. (NYSE: KMI) reported first-quarter 2017 results after markets closed Wednesday. The midstream giant posted adjusted earnings per share (EPS) of $0.17 per share on revenues of $3.42 billion. In the same period a year ago KMI posted EPS of $0.18 on revenues of $3.2 billion. Consensus estimates called for EPS of $0.18 and revenues of $3.35 billion for the first quarter.
Many see blockchain as the technology of the future and that has created an amazing buzz around the sector. Similar to what happened in the 1990s, it is sufficient for a company to add blockchain to its name to see its stock spike up and interest rise. However, before investing, you should really look what is actually behind a stock and its exuberant name or behind the usage of a trendy word like....More>>>
PriceSmart (NASDAQ: PSMT) is one of 12 publicly-traded companies in the “Variety stores” industry, but how does it compare to its rivals? We will compare PriceSmart to similar companies based on the strength of its dividends, institutional ownership, risk, earnings, analyst recommendations, profitability and valuation.
The “dog” moniker was earned by stocks exhibiting three traits: (1) paying reliable, repeating dividends, (2) their prices fell to where (3) yield (dividend/price) grew higher than their peers. Thus, the highest yielding stocks in any collection became known as “dogs.”
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What Industries In The Utilities Sector Flash....More>>>
A week ago, we published a story about a problem surfacing with the Apple Inc. (AAPL) iPhone 6 lineup, especially the iPhone 6 Plus. So-called Touch Disease was rendering Apples first generation of larger smartphone useless and the company had no fix. Now reports say Touch Disease occurrences are surging to the point where it is the single biggest iPhone issue that Apple Stores have to deal with.
Many great American companies have risen to become behemoths over the decades. Many of those great names also have fallen from grace. Sometimes after a company falls from grace, it almost doesn’t even matter to investors what a company says or does.
Investors love good stories. They love earnings. They love growth. They love dividends. And if those qualities aren’t quite there,investors....More>>>
Prima plastics Ltd (PPL) recorded standalone sales growth of 19% YoY (~23% QoQ) largely driven by volume growth (I-direct estimate: ~14% YoY) in Q4FY18. The strong volume was on the back of capacity addition in FY17 at Ongole (Andhr
I.D. Systems (NASDAQ: IDSY) and Lumentum (NASDAQ:LITE) are both computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, profitability, risk, valuation, analyst recommendations, institutional ownership and d
A little-known Office of Management and Budget official is President Donald Trump’s leading candidate to become permanent director of the Consumer Financial Protection Bureau, according to four people with knowledge of the matter.
If approved by the Senate, Kathy Kraninger would suc
ZTE Corp.’s shares cratered after it agreed to pay at least $1 billion in penalties and overhaul its management as part of a sweeping settlement agreement that allows it to resume business after a two-month hiatus.
China’s second-largest telecoms equipment maker fell as much
Schwab Charles Investment Management Inc. lifted its holdings in shares of Matthews International Corp (NASDAQ:MATW) by 8.7% in the first quarter, Holdings Channel reports. The institutional investor owned 214,209 shares of the company’s stock after buying an additional 17,161 shares dur