Intimate apparel maker Naked Brand Group (NASDAQ:NAKD) is struggling to remain listed on the Nasdaq composite as NAKD stock continues to trade below $1. You wonder why the company is in this position since now seems the perfect time for the company to make some dough. Source: Shutterstock Strict social distancing orders mean a lot
Month: July 2020
Warren Buffett just announced his annual charitable donations to the five philanthropies he’s chosen to give the vast bulk of his fortune to. This year, the “Oracle of Omaha” is distributing 15.9 million class B shares of Berkshire Hathaway valued at about $2.9 billion. That brings his total philanthropic donations to more than $37 billion
Shoppers walk past a Bed Bath & Beyond store in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines after the bell: Bed Bath & Beyond — The home goods retailer’s stock fell 11% in extended trading after the company released its first-quarter financial results. Bed Bath & Beyond reported a
It was a quiet session on Wednesday, as investors search for direction shortly ahead of earnings season. With that in mind, let’s look at a few top stock trades for Thursday. Top Stock Trades for Tomorrow No. 1: Twitter (TWTR) Shares of Twitter (NYSE:TWTR) were burning higher, climbing by more than 10% before backing off
Massive industrial conglomerate General Electric (NYSE:GE) has been through a number of dynasties, each marked by a CEO with a unique vision. The price of GE stock has reflected these vicissitudes, sometimes with gains and other times with gut-wrenching losses. Source: JPstock/Shutterstock.com Current CEO Larry Culp’s tenure, while not a new development anymore, is still
For some time — and especially over the last several weeks — I’ve been warning investors not to touch Chesapeake Energy (OTCMKTS:CHKAQ). Laden with unsustainable debt combined with the oil demand destruction brought on by the novel coronavirus, the equity share formerly known as CHK stock tumbled on the news that the embattled energy company
A pedestrian passes by the New York Stock Exchange, NYSE, in New York on March 17, 2020. (Photo by Michael Nagle/Xinhua via Getty) (Xinhua/Michael Nagle via Getty Images) Xinhua News Agency Companies struggling to get through the coronavirus slashed the amount of money they returned to shareholders through dividends in the second quarter. The net
Nikola Motor Company Badger pickup truck Source: Nikola Motor Company Check out the companies making headlines in midday trading. Nikola — Shares of Nikola soared nearly 18% after JPMorgan hiked its rating on the controversial electric vehicle company to overweight from neutral. The bank said the stock looks attractive for long-term investors after a 40% plunge this month
When it comes to red hot technology stocks, Nvidia (NASDAQ:NVDA) stock is leading the pack. Source: Allmy / Shutterstock.com Nvidia has hit all-time highs several times in the past month and has more than doubled in the past year, reaching $395 a share. The rapid ascent has left analysts scrambling to revise their price targets on
Less than seven weeks after Hertz Global Holdings (NYSE:HTZ) filed bankruptcy, HTZ stock is still trading. Not only are those bankrupt shares still changing hands, but in huge volumes, driving the stock price as high as $5.53 on June 8. Why? Source: Eric Glenn/Shutterstock.com I sort of understand why traders might like to speculate on
A person dressed as Minnie Mouse walks in front of the Disney store in Times Square as New York City moves into Phase 2 of re-opening during the coronavirus pandemic on June 28, 2020. Noam Galai | Getty Images Check out the companies making headlines after the bell: Levi Strauss – The clothing company’s stock dropped
A new low as open interest rises The shorts get over-enthusiastic- Hot weather ahead Levels to watch in the natural gas futures market Natural gas has a long history as one of the most volatile commodities that trade on the futures markets in the United States. Since trading in natural gas began on the NYMEX
After a strong trading day on Monday, investors used Tuesday as a way to digest the gains. Let’s look at a few top stock trades as we near mid-week. Top Stock Trades for Tomorrow No. 1: Livongo (LVGO) The only word that can describe Livongo’s (NASDAQ:LVGO) run at this point? Breathtaking. Shares have surged over
Discover the secret behind earnings estimates and earnings estimate revisions and how it can lead to dramatic stocks gains.
It’s not the most famous cloud-based tech firm on the planet, but Fastly (NYSE:FSLY) is a name that’s gaining traction lately. The buzz surrounding FSLY stock is well-earned as this company is far from a cloud-computing Johnny-come-lately. Source: Shutterstock Commentators shouldn’t throw the word “innovator” around lightly. However, the term is entirely appropriate in the
In contradiction to everything that conventional wisdom represents, Whiting Petroleum (NYSE:WLL) has become a target of traders seeking fast action and quick gains. The daily trading volume on WLL stock would suggest, if we didn’t know any better, that there’s a bright future in store for this once-promising shale company. Source: Shutterstock But let’s not
View of the phone company QUALCOMM technology 5G in the Mobile World Congress. Ramon Costa | SOPA Images | LightRocket | Getty Images How to find compelling stocks primed to outperform during the third quarter of 2020? Here are a few of the names the best-performing Wall Street analysts are betting on right now. With
Signage for Shake Shack Inc. is displayed on a glass door at the company’s restaurant in Shanghai, China, on Thursday, Jan. 24, 2019. Qilai Shen | Bloomberg | Getty Images Check out the companies making headlines in midday trading: Novavax — The biotech stock soared 29% after the company announced that it was awarded $1.6
Many traders today are looking for cyclical turnarounds, or else are looking to get on the bandwagon of the latest “momentum” stock. These stocks make new highs each day but are untethered from any real value or reason anchor. In the end, they tend to falter when growth fails. I would rather look for reliable
This is because most market participants seem interested in bidding up the high-flying tech names, rather than gravitating towards gold. However, as of this week, we’re finally beginning to see a bit of complacency creep into the metal, with bullish sentiment showing that there are four bulls for every bear. This suggests that any rallies