Month: April 2020

When the shuttered American economy reopens, companies will need resources to get things moving again — both power and raw materials. That’s where the industrials come in. This concept goes back to Charles Dow himself. When the Dow Jones Industrial Average was launched in 1896, it contained just 12 companies that focused almost entirely on
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JPMorgan kicks off earnings season on Tuesday. The bad news: Short-term guidance will be very ugly.   But there’s some good news:  1) The Securities and Exchange Commission has told corporations that this earnings season is not routine and has encouraged companies to provide forward-looking guidance, and not be concerned that the information may change rapidly.
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Take a look at some of the biggest movers in the premarket: Caterpillar (CAT) – The heavy equipment maker’s stock was downgraded to “underperform” from “neutral” at Bank of America Securities, which points to a severe capital spending downturn in key Caterpillar markets. Dunkin’ Brands (DNKN) – Credit Suisse gave the restaurant chain’s stock a
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FedEx (NYSE:FDX) stock and United Parcel Service (NYSE:UPS) stock staged a small relief rally on news that Amazon (NASDAQ:AMZN) will slow its efforts to strangle them. Source: Sundry Photography / Shutterstock.com Amazon is suspending its Amazon Shipping program, which let Amazon merchants who did their own warehousing ship through it. The pilot, which began two years
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Download Preston & Stig’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston & Stig are the #1 selling Amazon authors of the Warren Buffett Accounting Book. The book can be found at the following location: http://www.amazon.com/gp/product/1939370159/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=1939370159&linkCode=as2&tag=pypull-20&linkId=XRE5CA2QJ3I2OWSW
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People who lost their jobs wait in line to file for unemployment following an outbreak of the coronavirus disease (COVID-19), at an Arkansas Workforce Center in Fort Smith, Arkansas, April 6, 2020. Nick Oxford | Reuters Another 5.25 million workers are expected to have filed unemployment claims last week, reflecting a larger swath of the
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I can’t help but feel bad for Caesars Entertainment (NASDAQ:CZR). As any gaming and resort company in Las Vegas, they are highly dependent on consumer sentiment. Prior to the novel coronavirus upending our record-breaking bull market, CZR stock was on the verge of something special. That’s according to Caesars CEO Tony Rodio, who stated that
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Stocks in several sectors have plummeted after the coronavirus-driven market meltdown. Airline, energy and tourism stocks have taken a big hit due to the black swan event. Other stocks that have been relatively resilient. Qualcomm (NASDAQ:QCOM) stocks is one of the names that has not collapsed. Source: testing / Shutterstock.com Yes, Qualcomm stock has declined
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Amid the devastation from the novel coronavirus comes changes to our lexicon. Today, Americans are all too familiar with the term “social distancing.” But another phrase has far more crucial implications: personal protective equipment (PPE). With medical professionals and first responders throughout the nation struggling to address the pandemic, Lakeland Industries (NASDAQ:LAKE), a hazard-protection gear
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With the stock market gaining momentum, it’s becoming more difficult to find bargain-priced stocks to upgrade your portfolio. Electronic payment processor PayPal (NASDAQ:PYPL) is one such company whose share price has risen 20% from where it bottomed in mid-March. But PYPL stock is still trading 15% lower than its February highs, making it a worthwhile
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