When compared to more traditional equities, penny stocks are less expensive dollar wise. But they’re also highly volatile and the companies behind them are often cloaked in obscurity. “Penny stocks truly are the Wild West of the financial landscape,” says Robert Johnson, President and CEO of the American College of Financial Services. Johnson is in […]
Category: Stocks Watch
Jeff Sessions Trumped — Are Marijuana Stocks About to Skyrocket?
President Trump once ranked his own The Art of the Deal as his second favorite book. However, he just might have learned something about the art of the deal from Sen. Cory Gardner (R-Colo.). Sen. Gardner vowed to block all of the president’s nominees to the U.S. Department of Justice in January. This move came […]
Asian shares trade mixed as Hang Seng lags
Asian markets traded mixed on Monday, as investors digested the softer close on Wall Street and geopolitical tensions on the back of U.S.-led airstrikes on Syria last week. Japan’s Nikkei 225 rose 0.21 percent as the broader Topix added 0.11 percent. The financials sector was weaker on the whole, while pharmaceuticals and precision machinery stocks […]
Stock Market Futures Rise After Syria ‘Mission Accomplished’; These 5 S&P 500 Stocks Have Big News Monday
Stock market futures for the S&P 500 index, Dow Jones and Nasdaq 100 rose Sunday as President Donald Trump signaled that Saturday’s attacks on Syria were “mission accomplished.” Earnings season kicks into high gear this week, with Netflix (NFLX), Bank of America (BAC), Charles Schwab (SCHW) on tap Monday. Meanwhile, Merck (MRK), Bristol-Myers Squibb (BMY) […]
Russian sanctions could fuel another aluminum rally
New sanctions on Russia, which include the nation’s aluminum giant United Co. Rusal, have fueled a rally in prices for aluminum, and benefited shares of the metal’s North American producers. Analysts, however, say the pop in prices won’t last much longer than the rift with Russia, which is tough to predict. In any event, processors […]
How the stock market reacts to earnings will be telling
It has been a while since investors greeted what’s expected to be a strong earnings seasons with such disdain. Earnings for S&P 500 companies are expected to grow 17% over the next 12 months, according to FactSet. Yet, valuations that investors are attaching to these earnings have dropped over the past few months, largely due […]
3 Top Bank Stocks to Buy in April
A combination of rising interest rates and lower corporate taxes could be a boon to bank stocks in 2018, but this is an industry where investors can afford to be picky, because the banking industry is unlike any other. With more than 400 banks trading on major American exchanges, investors have the ability to select […]
3 Top Dividend Stocks to Buy in April
Whether you’re looking for a steady and dependable source of income, potential for big capital growth, or both, these Motley Fool contributors have identified three top dividend stocks that should be at the top of your “buy” list this month. Their recommendations include a technology leader with a dominant position in its niche in Garmin […]
Investors are gloomier, and that could be great for stocks
Investors have plenty to worry about, but their growing gloominess actually could be bullish for the stock market. That’s the suggestion from David Templeton, portfolio manager and principal at Horan Capital Advisors. “With much of the sentiment now decidedly bearish, just possibly the market is nearing a bottom,” Templeton wrote in a blog post dated […]
Dow closes more than 100 points lower as bank shares drop
U.S. stocks fell on Friday as several banking companies weighed down the major indexes on the final day of an otherwise strong week for equities. The Dow Jones industrial average fell 122.91 points to close at 24,360.14, with J.P. Morgan Chase as the worst-performing stock in the index. The S&P 500 closed 0.3 percent lower […]
Wall Street eyes earnings stabilizer after FAANG stocks wobble
Wall Street is hoping that first-quarter earnings growth and corporate forecasts are strong enough to bring the FAANG group of stocks back into favor and take the spotlight off worries that caused the recent sell-off in the high-flying group. With valuations below recent peaks, the group – comprised of Facebook, Amazon.com, Apple Inc (AAPL.O), Netflix […]
Wall Street analyst swaps internet stocks for mani-pedi app
James Cakmak just left his job as a Wall Street analyst covering internet stocks to focus on running Snailz Inc., an app he co-founded and refers to as “the OpenTable of nail salons.” As a result, Monness, Crespi, Hardt & Co. had to discontinue coverage of Twitter Inc. TWTR, -0.83% PayPal Holdings Inc. PYPL, -0.25% […]