Energy was a key sector driving profits for S&P 500 index in 2017. Per the latest Earnings Trends, the index witnessed year-over-year earnings growth of 7.1% last year. However, excluding the Energy sector, the index’s earnings growth fell drastically to 4.4%.
Investors searching for the top penny stocks to watch in 2018will want to take a close look at the three stocks we have on our list today, one of which is the top-performing penny stock of the year, with shares up 513.87% year to date.
But while penny stocks can bring triple-digit returns in a matter of weeks, they are also speculative investments that can see big pullbacks after making....More>>>
I believe the European financial market contains too much risk, and one should rather invest in the American financial system because it has a lot more upward potential. I wrote that in one of my latest articles. However, there is one exception to my statement: UBS Group (NYSE:UBS). The Swiss banking group is especially strong in investment banking and asset management and will probably outperform....More>>>
Heres another reason why the Federal Reserve can leave rates unchanged Wednesday: Financial conditions are significantly tighter thanks to new money-market regulations that go into effect next month.
Liborthe London interbank offered rate, a measure of the cost for banks to borrow from each other in dollars that also serves as a benchmark reference rate for trillions of dollars in private-sector....More>>>
Last March, I recommended American Airlines (AAL), opining that it was just too cheap to ignore. Through last night, it had returned 23% to the S&P 500′s 15%. But American Airlines is getting hammered today after releasing earnings this morning.
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What’s going on? Its earnings weren’t great–itreported an adjusted profit....More>>>
Judging by some of the best-known retail stocks, youd think Americas shopping malls were ghost towns. Shares of Macys (M, $31.31) trade for 57% less than the price they commanded last July. Nordstrom (JWN, $36.68) has plunged by 55% since March 2015. And Kohls (KSS, $34.49) has sunk 56% since April 2015. Over the past year through June 14, SPDR S&P Retail ETF (XRT, $41.10), an exchange-traded....More>>>
After a year and a half of tough conditions in the memory chip markets, Micron Technology (NASDAQ:MU) is now benefiting from rising prices and strong demand. The company’s first-quarter results beat expectations, and its guidance for the second quarter foretells a return to exceptional profitability.
While Micron’s first-quarter numbers give investors a good idea of where the....More>>>
Shares of NVIDIA Corporation (NSDQ:NVDA) have been in a strong uptrend over the past one year. The NVDA stock price is up by 172% in the year-to-date, closing the last trading session at $89.59, up from $32.96 at the beginning of the year. However, the stock has corrected by nearly 2.5% in the last trading session....More>>>
If one is to truly allege that the digital asset is little more than a massive ploy to defraud unwitting investors of their money, la Bernie Madoff, then one must admit that the entire stock market itself is one giant hustle, too.
Last week, Skechers (SKX) presented at UBS Global Consumer and Retail Conference, giving interesting updates on the status of their business and their expectations for the future. I think its worth refreshing our view of the stock and its attractiveness.
In the last few weeks, we have seen two high profile unicorns file for initial public offerings. The first out of the gate was Dropbox (Pending:DBX), a storage solution for a world where gigabyte files are the rule rather than the exception, with a filing on February 23. Following close after,
U.S. stock futures moved sharply higher on Monday, indicating Wall Street may extend gains seen late last week after data showed a strong increase in jobs created, but weaker-than-forecast wages. Dow futures