Do you know which investment whales were buying and selling your favorite stocks before the big rally to new highs?
Month: June 2020
Many sectors that have traditionally been favorites of investors have been upended in recent years. In the wake of the novel coronavirus pandemic, some of these may never recover. Retail was already in trouble before coronavirus lockdowns shuttered stores. Unless your name is Amazon (NASDAQ:AMZN), survival mode is now the name of the game. The
It has been a disastrous year for retail companies. The shift to e-commerce was already accelerating toward the end of 2019, with brick and mortar stores struggling to grow sales despite a strong economy. Then the novel coronavirus hit, shuttering physical retail and forcing consumers onto the internet. That’s particularly bad news for J.C. Penney (OTCMKTS:JCPNQ)
Online broker Charles Schwab received antitrust approval from the U.S. Department of Justice for its acquisition of TD Ameritrade, sources told CNBC’s David Faber on Thursday. Shares of Schwab jumped nearly 7% in premarket trading following the report. TD Ameritrade rose more than 9% before the opening bell. Schwab announced last November it would buy
Take a look at some of the biggest movers in the premarket: J.M. Smucker (SJM) – The food producer reported quarterly earnings of $2.57 per share, beating the consensus estimate of $2.29 a share. Revenue also beat forecasts, driven by increased consumer demand resulting from the Covid-19 pandemic. Smucker did forecast a 1% to 2%
Shares in Target (NYSE:TGT) has taken a hit as investors saw the downside of its urban strategy. Target stock is down 3% so far this week. Source: jejim / Shutterstock.com Target is based in Minneapolis and has been the “home team” retailer there since the days of its predecessor company, the Dayton Hudson department store
Despite a bevy of headwinds, bulls remain in control as the S&P 500 was up about 1.4% on Wednesday. With that in mind, let’s look at a few top stock trades for Thursday. Top Stock Trades for Tomorrow No. 1: Slack (WORK) As the work-from-home theme gains steam — and largely thanks to the blowout
[Editor’s note: “10 Best High-Growth Stocks to Buy for Young Investors” was originally published in November 2019. It has since been updated to include the most relevant information available.] No investment strategy suits all the people all the time, irrespective of the disruptive events occurring now. This is particularly true for young investors in their
[Editor’s note: “After 70% Rebound, It’s Time to Ditch Chevron Stock” was originally published April 6. It has since been updated to reflect the most relevant information available.] Source: Jeff Whyte / Shutterstock.com What’s next for Chevron (NYSE:CVX)? Like its major oil company peers, Chevron stock has moved higher in the past two months, as
Zoominfo Source: zoominfo ZoomInfo is aiming to price its initial public offering $1 ahead of its already-buoyed price range, two sources familiar with the matter told CNBC. The company had already raised its IPO price range Tuesday morning, but now could target as high as $21 a share and rake in nearly $1 billion. ZoomInfo,
The bond market has caught a tiny bit of the stock market’s optimism, and it’s selling off on the idea that the economy may have hit rock bottom in April. Bond yields, which move opposite price, have been edging up, and on Wednesday they made a significant move higher off their relatively low base. The
Energy Transfer (NYSE:ET), the midstream natural gas pipeline and gas gathering company, has an attractive 14.9% distribution yield at today’s price. ET stock, at just over $8 per share, should be trading much higher than it is. Source: Shutterstock Over time, as the price of natural gas starts to improve with the economy, the stock
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A look at two chip names that have good charts and positive estimate revisions. Ultra Clean: https://www.zacks.com/stock/quote/UCTT?cid=CS-YOUTUBE-FT-VID Micron: https://www.zacks.com/stock/quote/MU?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Most people know the richest man in America is Amazon founder Jeff Bezos. He gets tons of press and mainstream media attention. But few people realize that America’s richest family actually has A LOT more money than Bezos… and they are making some radical moves with their business and their money. I’m talking about the
Having covered solar energy for nearly a decade, I know how hard it is to make money at it. Solar stocks represent big potential, but they can also sink your portfolio. Source: Shutterstock The biggest panel makers, like China’s Jinko Solar (NYSE:JKS), Canadian Solar (NASDAQ:CSIQ) and SunPower (NASDAQ:SPWR), have been terrible investments. While the price-performance
In two previous columns, I’ve discussed the threats that Advanced Micro Devices (NASDAQ:AMD) is facing from its relatively weak artificial intelligence capabilities and its dependence on China. There are clear indications that both of those problems are intensifying, making AMD stock very risky at its current levels. Source: Grzegorz Czapski / Shutterstock.com AMD is still
Take a look at some of the biggest movers in the premarket: Campbell Soup (CPB) – The food producer reported quarterly earnings of 84 cents per share, 9 cents a share above estimates. Revenue also beat forecasts and Campbell raised its full-year guidance, noting an increase in demand across all its brands amid the Covid-19
The spread of the novel coronavirus has, understandably, caused a number of investor fears to proliferate. The main fear, naturally, is a share-price decline. But for owners of banking assets like Wells Fargo (NYSE:WFC) stock, there’s also the fear of dividend-yield cuts. Source: Ken Wolter / Shutterstock.com Not to discount these fears, but they may
The Baker Hughes data is not bearish The monthly chart could limit the downside potential for the price of natural gas Electricity demand during a hot summer will increase gas usage at a time when production is falling Energy has been a volatile sector in 2020. The price of NYMEX crude oil futures fell into