Employees wearing protective masks and gloves prepare drinks at a restaurant in Fort Lauderdale, Florida, U.S., on Thursday, June 25, 2020. Jayme Gershen | Bloomberg | Getty Images Stocks rallied on a much stronger-than-expected gain in hiring, but the bond market appears to be looking to the future and there are real doubts about whether
Month: July 2020
AbbVie (NYSE:ABBV) stock is both cheap and has a very attractive dividend yield. In addition, this pharmaceutical company’s growth prospects are high, now that its purchase of Allergan is closed. Source: Piotr Swat / Shutterstock.com For example, the stock trades on a forward earnings ratio of just 9.2 times 2020 expected earnings. It is even
The consensus estimate was for a 79 bcf injection Natural gas bounces A relief rally was overdue Production may be falling, but inventories are high After putting in a new quarter-of-a-century low at $1.432 last week, natural gas turned higher to warn over-enthusiastic shorts that the risk of a bearish outlook rises as the price
In our live stream Swing Trading Today we answer the question of if the stock market is cheap? We will do some Technical Analysis to determine resistance levels on the stock charts. ✅Get Notified 15 Minutes To US Going Live Via Eamil (No Spam Pledge) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Bob’s 5 Most Powerful Video Tutorial – Free http://bit.ly/2IpRUPU
Most investors won’t consider buying over-the-counter stocks because they think they are illiquid and thinly traded. The reality is that in 2019, a total of $329 billion in OTC stocks changed hands, providing more than 10,750 stocks with an additional marketplace for interested U.S. investors. Oxford Metrica, in conjunction with the OTC Markets Group, published
The writing has been on the wall for quite some time for Chesapeake Energy (NYSE:CHK) stock. Over the last few weeks, the company underwent a 200:1 reverse stock split. It was drowning in $9 billion in debt. Then, weeks later it told the U.S. regulators there was “substantial doubt about the company’s ability to continue as
Kylie Cosmetics are displayed at Ulta beauty on November 18, 2019 in New York City. Kylie Cosmetics has sold a controlling stake to Coty Inc for a reported $600 Million. Coty Inc plans to buy 51% and the controlling share of Kylie Cosmetics, valuing it at $1.2 billion. Kylie Jenner will remain the public face
In the first day of the third quarter, equities did what they do best: continued to rally. That said, let’s look at a few top stock trades to get us started in the second half. Top Stock Trades for Tomorrow No. 1: Roku (ROKU) Roku (NASDAQ:ROKU) stock was a beast on Wednesday, ending the day
Editor’s note: This article is a part of InvestorPlace.com’s Best Stocks for 2020 contest. The Readers’ Choice pick for the contest is Apple (NASDAQ:AAPL). Despite all the chaos in the stock market this quarter, investors have been able to count on a few certainties. You’re likely reading this on an iPhone or a Mac, perhaps an iPad. And if
If you’re in upper management at United Airlines (NASDAQ:UAL), U.S. Surgeon General Dr. Jerome Adams probably doesn’t rank among your favorite people in government. It was his exasperated plea to the public not to buy masks that resulted in a concerted public campaign effort to save protective equipment for healthcare professionals. But subsequent confusion about
Customers dine outside at Via Carota restaurant in the West Village, New York City, June 26, 2020. Noam Galai | Getty Images Economists expect nearly 3 million jobs were created in June, as companies rehired workers they let go when the economy shut down. The monthly employment report, to be released Thursday, is surrounded by
Starbucks (NASDAQ:SBUX) survived the attack of Luckin Coffee (NASDAQ:LK) on its China business and is taking what it learned back to the U.S. Source: monticello / Shutterstock.com Luckin is in the process of being de-listed by NASDAQ after a scandal where it created false sales. But the company had some real sales and interesting ideas,
The coronavirus outbreak has caused a lot of negative impact on consumer demand, unemployment and stocks in industries like travel and leisure took a big hit. During this pandemic, consumers changed their preferences and way of living in a way nobody would have imagined before. Shares of Zoom (NASDAQ:ZM) performed very well during this pandemic.
As one of the strangest states in our country, Florida is known for many things. Personally, when I think of the Sunshine State – which is not much at all – alligators are about the only thing that comes to mind. Of course, I’m being facetious. Every four years, it plays a pivotal role as
People walk by a Wells Fargo bank branch on October 13, 2017 in New York City. Spencer Platt | Getty Images Wells Fargo warned on Monday that it will likely cut its dividend after the Federal Reserve announced it would cap dividends for banks based on earnings. Wall Street analysts pointed to Wells Fargo as
A FedEx employee wearing a protective mask and gloves loads boxes into a truck amid the coronavirus pandemic on April 28, 2020 in New York City, Alexi Rosenfeld | Getty Images Check out the companies making headlines after the bell. FedEx — The shipping company’s stock climbed 9% after the closing bell following its release of
With its 7% dividend and its $209 billion market cap, AT&T (NYSE:T) is widely considered a blue-chip investment. However, General Electric (NYSE:GE) investors know all too well how quickly a blue-chip stock can fall from grace. Unfortunately for T stock investors, the company seems to be joining GE in failing to adapt to the 21st
In our live stream Swing Trading Today we answer the question of if the stock market is cheap? We will do some Technical Analysis to determine resistance levels on the stock charts. ✅Get Notified 15 Minutes To US Going Live Via Eamil (No Spam Pledge) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Bob’s 5 Most Powerful Video Tutorial – Free http://bit.ly/2IpRUPU
It’s the last day of the quarter, and we’re seeing some interesting moves in the stock market. That said, let’s look at a few top stock trades for Wednesday. Top Stock Trades for Tomorrow No. 1: Gold (GLD) Gold prices have been trading better lately. Despite investors knowing all about the Federal Reserve and other