Few industries have had investors seeing green quite like the legal cannabis industry over the past couple of years. Investors who had the foresight, wherewithal, and luck to buy into some of the most popular marijuana stocks at the beginning of 2016 could find themselves up well in excess of 1,000%. There’s little denying the […]
Predicting when the next bear market will occur is notoriously difficult. Just ask stock-market timers. But what about predicting the severity of the next bear market? That has become a pressing question of late, since Wall Street has shifted from whether a U.S. recession will occur in the next 12-18 months to when. A bear […]
Stocks ended a choppy week of trading with modest losses Friday as investors look forward to getting more clues about the direction of interest rates. Technology shares drove the declines, and energy stocks also fell a day after leading the market. Some late-day gains in banks and insurers helped temper the market’s losses. Investors dealt […]
Stock Markets The week was pretty quiet with stocks edging higher and in a bright spot, small-cap companies outperforming. There were a number of high-profile mergers that lifted investors’ confidence this week, but indexes gave back some gains on Friday, likely due to chipmaker Broadcom’s announcement that the U.S./China trade tensions are suppressing demand. On […]
Market volatility in 2019 has created some interesting stock-buying opportunities, and vehicle technology company BorgWarner (NYSE:BWA), enterprise asset intelligence (don’t worry I’ll explain later) company Zebra Technologies (NASDAQ:ZBRA) and process automation and climate technology company Emerson Electric (NYSE:EMR) are three of them. To be clear, they all face some short-range headwinds, but their valuations now […]
Stocks fell on Friday after a sharp decline in Broadcom shares put other chipmakers and the broader tech sector under pressure. The Dow Jones Industrial Average slid 17.16 points, or 0.1%, to 26,089.61. The S&P 500 declined by 0.2% to 2,886.98 as the tech sector dropped 0.8%. The Nasdaq Composite lagged, falling 0.5% to 7,796.66. […]
Check out the companies making headlines midday Friday: Broadcom — Broadcom shares dropped more than 6% after the chipmaker reported weaker-than-forecast quarterly revenue and cut its full-year outlook. The company cited a “broad-based ” slowdown in demand as well as a crackdown on Huawei by the U.S. Broadcom’s decline pressured other chip stocks, including Skyworks […]
Zoom Video Communications (NASDAQ:ZM), Innovative Industrial Properties (NYSE:IIPR), and ShockWave Medical (NASDAQ:SWAV) have taken a cue from Top Gun’s Maverick, who famously proclaimed, “I feel the need… the need for speed.” Indeed, these three diverse companies have been posting torrid revenue growth. Moreover, video-conferencing specialist Zoom, which just went public in April, and cannabis real […]
Stocks rose on Thursday on the back of strong gains in Disney and energy shares, building on this month’s sharp rally. The Dow Jones Industrial Average climbed 101.94 points to 26,106.77 as Disney shares outperformed. The S&P 500 gained 0.4% to close at 2,891.64, led by the energy sector. The Nasdaq Composite advanced 0.6% to […]
CNBC’s Jim Cramer said Thursday that retail earnings have revealed the middle part of the sector is “struggling.” “There’s a market for high-end luxury goods and low-end mass market merchandise, but right now there’s not much space in between,” the “Mad Money” host said. Diving into the sector’s quarterly results, presented over the past weeks, […]
U.S. stocks closed higher Thursday, following back-to-back losses for major indexes, as investors monitored a sharp jump in oil futures after two oil tankers were damaged in suspected attacks off the coast of Iran. How did major indexes fare? Dow Jones Industrial Average DJIA, +0.39% rose 101.94 points, or 0.4%, to 26,106.77, and the S&P […]
Amazon and a little-known energy company are Wall Street analysts’ favorite stocks based on highest percentage of buy ratings. Both the online retailing juggernaut and Diamondback Energy are universally loved on Wall Street, with all analysts that cover the stocks rating them a buy. They are the only two out of 500 stocks where that’s […]
