A Delta Air Lines jet taxis passes Southwest Airlines jets to be parked with a growing number of jets at Southern California Logistics Airport (SCLA) on March 24, 2020 in Victorville, California. David McNew | Getty Images U.S. airline shares were down sharply again on Monday, this time after Warren Buffett said Berkshire Hathaway sold its
Spirit Airlines aircraft seen at Los Angeles International Airport. Alex Tai | SOPA Images | LightRocket via Getty Images Check out the companies making headlines after the bell. Lyft — The rideshare company’s stock soared 15% in extended trading after Lyft reported first-quarter earnings. The company reported 21.2 million active riders in the first quarter, a
It’s a busy earnings seasons for high-growth stocks and that continues after the close. That said, let’s look at a few top stock trades as a result. Top Stock Trades for Tomorrow No. 1: PayPal (PYPL) PayPal (NASDAQ:PYPL) earnings are due up after the close, and man, this one has been strong. Shares have climbed
DoorDash Palantir Robinhood Asana Instacart New initial public offerings (IPOs) are one of the best ways investors can strike “gold” in the stock market. That’s because these freshly public companies represent the next generation of world-changing businesses in the first innings of their long-term growth narratives. Sure, many of them don’t pan out as expected.
On Saturday, Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) had its annual meeting. From it, we learned that Warren Buffett’s company had sold all its positions in the airline industry. In doing so, it liquidated billions of dollars of stock. Those sales included Berkshire’s formerly large position in American Airlines (NYSE:AAL) stock. Source: GagliardiPhotography / Shutterstock.com In case
CNBC’s Jim Cramer said Wednesday that investors cannot ignore the rising popularity of plant-based meat products. “This movement is happening. You’ve got to get on the bus or … get left behind,” Cramer said on “Squawk on the Street.” Cramer acknowledged there are not huge sales just yet for a company like Beyond Meat, which after-the-bell Tuesday
Private sector payroll data shows more than 20 million jobs were lost in April and Friday’s government report is expected to be a million more, but the more important numbers will show up in Thursday’s report on how many Americans are still filing unemployment claims. No numbers have shown the economic pain the coronavirus shutdowns
Download Stig & Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Subscribe to The Investors Podcast on iTunes: https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489 Subscribe to The Investor Podcast on Stitcher: http://www.stitcher.com/podcast/theinvestorspodcast/the-investors-podcast?refid=stpr Subscribe to The Investor Podcast on SoundCloud: https://soundcloud.com/theinvestorspodcast Have a question? Get your voice heard on the show: http://www.theinvestorspodcast.com/get-on-the-show.html In this second part episode, Preston and
With oil trading higher for a fifth consecutive day and more states embracing the idea of at least partially reopening their economies, the major equity averages traded higher Tuesday, building on the late Monday rally. Source: Provided by Finviz The S&P 500 climbed 0.90%. The Dow Jones Industrial Average jumped 0.56% The Nasdaq Composite rallied by
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Advanced Micro Devices (NASDAQ:AMD) is one of the few winners for 2020. Not only is AMD stock in positive territory, up about 8% for the year, but it is also up more than 75% year-over-year. That is truly rare for today’s stock market. Source: Fabio Alcini / Shutterstock.com But is it too much? The stock
Like many of you, I’ve been watching Gilead Sciences (NASDAQ:GILD) for a while now as it works on a treatment for the novel coronavirus. The company’s recent breakthrough with its remdesivir treatment is important for everyone who follows GILD stock. Source: Casimiro PT / Shutterstock.com And now that remdesivir has emergency use authorization from the
Naguib Sawiris, billionaire and chairman of Orascom Investment Holding. Sima Diab | Bloomberg | Getty Images Egyptian billionaire Naguib Sawiris says he would buy airlines, going against fellow billionaire investor Warren Buffett, who announced that Berkshire Hathaway sold all its airline stocks at the firm’s annual meeting on Saturday. Sawiris, chairman and CEO of Orascom Investment
Barbie dolls for sale at a Target store. Scott Mlyn | CNBC Check out the companies making headlines after the bell. Walt Disney — The entertainment giant’s stock was down 2% in extended trading after the company reported its second-quarter financial results. Disney reported a 58% drop in sales from parks and cruises, which was the
Bulls keep bidding up stocks, as investors look to ride more gains in the face of the novel coronavirus. With that in mind, let’s look at a few top stock trades for Wednesday. Top Stock Trades for Tomorrow No. 1: Activision Blizzard (ATVI) Activision Blizzard (NASDAQ:ATVI) is set to report earnings on Tuesday after the
With the devastation that the novel coronavirus imposed on the oil and gas industry, it’s a wonder that Halliburton (NYSE:HAL) was able to score any positives from its otherwise ugly first quarter 2020 earnings report. On an adjusted basis, the company delivered earnings per share of 31 cents. This beat the consensus target of 24
Thanks mostly to the novel coronavirus pandemic, digital education giant Chegg (NYSE:CHGG) reported outstanding first-quarter numbers in early May as students pivoted in bulk towards online learning platforms. In response to the blowout earnings report, CHGG stock popped more than 30% to all time highs near $60. Source: Casimiro PT / Shutterstock.com Readers of mine
Many companies are being hurt by social distancing safety rules due to the coronavirus and investors may want to reevaluate whether to own their stocks, CNBC’s Jim Cramer said Tuesday. “Social distancing is going to be the answer why you have to sell certain stocks,” Cramer said. For companies that need to invest heavily to help
A pedestrian wearing a protective mask walks in front of a temporarily closed Starbucks coffee shop in Brooklyn, New York, on Monday, April 27, 2020. Gabby Jones | Bloomberg via Getty Images Check out the companies making headlines midday Tuesday: Starbucks — The coffee chain’s stock rose 2.8% after Starbucks CEO Kevin Johnson said that
Chevron (NYSE:CVX) produced significant cash flow during Q1, covering its dividend, just like it said it would last month. As a result, CVX stock has an attractive 5.8% dividend yield. It is worth at least 40% more than its price today, mainly because the energy multi-national is going to continue paying its dividend. Last month