Take a look at some of the biggest movers in the premarket: Deere (DE) – The heavy equipment maker reported quarterly earnings of $2.57 per share, well above the consensus estimate of $1.26 a share. Revenue also came in above Wall Street forecasts and Deere raised its full-year outlook, although it said many uncertainties remain
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The big tech rally this year went beyond America as the value of Asian companies like Alibaba (NYSE:BABA) leaped tremendously. Alibaba stock price jumped 24% in July and generated some juicy returns for investors this past year. Source: BigTunaOnline / Shutterstock.com China-based Alibaba has the ability to grow at an unprecedented rate due to its
For decades, oil-patch enthusiasts and income-focused investors have stuck by Exxon Mobil (NYSE:XOM). Much of the appeal of Exxon Mobil stock stems from the company’s willingness to maintain its generous dividend payouts quarter after quarter. Source: Shutterstock On the other hand, fluctuations in the oil price have caused Exxon Mobil stock to wobble. Even though
Since the pandemic began, I’ve been bullish on U.S. airline equities, including American Airlines (NASDAQ:AAL), as I predicted that demand for flights in the U.S. this summer would far surpass the Street’s average estimates, but as summer starts to wind down it’s unclear that AAL stock is still a buy. Source: GagliardiPhotography / Shutterstock.com My
This week on Best Stock Charts using TrendSpider we review the best stocks to buy now. Is Best Buy $BBY stock is a short? We think it is due to the RSI being overbought at unsustainable levels. Bob also does technical analysis of the stock charts of $HOME, $PSA, and $NTSE. Netease stock and the
John Deere combine harvesters sit on display during the Farm Progress Show in Boone, Iowa, U.S., on Tuesday, Aug. 28, 2018. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Deere — Shares of the farm-machinery company rose 4.7% on Friday after Deere beat Wall Street expectations on the top
Blue-chip stocks are often regarded as some of the best stocks to buy on Wall Street. Why? Because the companies behind the blue chips are supposed to be the cream-of-the-crop. Large-cap titans of industry, with long histories of growth, strong management teams, rock-solid balance sheets, robust future growth prospects and tons of visibility to long-term
Verizon Communications (NYSE:VZ) is proving to be a stable but undervalued company in the market today. In fact, VZ stock is worth at least 55% more than its price today using an analysis of its dividend yield, its own P/E ratio history, and a comparison with its peers. Source: Ken Wolter / Shutterstock.com The company
The last time I wrote about Ocugen (NASDAQ:OCGN), OCGN stock was up 34% only halfway through the month of January. Since then, a whole bunch of stuff happened, some of it good, some of it bad, none of it worthy of you betting the farm on the clinical-stage biopharma company. Source: luchschenF / Shutterstock.com Here’s
For some, the trading environment has never been better. For others, the days are starting to drag on as we slog through mid-August. With that in mind, let’s look at a few top stock trades for next week to see if we can get some momentum going — in one direction or the other. Top
Jeffrey Ubben Source: BusinessWire Jeffrey Ubben is betting on widescale adoption of clean energy through his new fund Inclusive Capital Partners, which he launched in June after stepping away from ValueAct to focus on sustainable investing full time. His fund is the lead investor in a company being formed through a partnership between Schneider Electric
Federal Reserve Chair Jerome Powell arrives for a news conference following the Federal Open Market Committee meeting in Washington, December 11, 2019. Joshua Roberts | Reuters Market pros hold out little hope that Congress will agree to a stimulus package before September, but they will look to Jerome Powell in the coming week to provide
Everybody’s a genius in a bull market. That’s nothing new. But given where we are in the current ‘recovery’, with major market indexes hitting all-time highs despite unemployment over 10% and a raging pandemic, sometimes it’s hard to reconcile the bullish market attitude. Case in point: Tesla (NASDAQ:TSLA) stock was trading at $222 last year
This year has been potentially one of the most challenging years for energy stocks. In a historic event, oil prices traded in negative territory. Gradually, the industry seems to be overcoming the headwinds. Brent oil currently trades at $42 and I believe that some upside is due as fall approaches. According to U.S. Energy Information
There are always investors looking to make a contrarian play. Maybe that’s why you’re considering Hertz (NYSE:HTZ). Even though Hertz stock is in bankruptcy, you’re thinking you see something that other investors haven’t identified. Source: aureliefrance / Shutterstock.com Stop. Just stop it, at least when it comes to Hertz stock. Because the rental car company
Stocks were bid up off the lows on Thursday, ahead of this month’s options expiration coming up on Friday. With that in mind, let’s look at a few top stock trades going into the last day of the week. Top Stock Trades for Tomorrow No. 1: Tesla (TSLA) Shares of Tesla (NASDAQ:TSLA) are up almost
Check out the companies making headlines after hours on Thursday: Ross Stores — Shares of the discount retailer rose about 0.5% in after-hours trading on the back of a surprise profit and better-than-expected revenues. Ross posted a profit of 6 cents per share, which includes a benefit of 19 cents per share, and revenue of
Penny stocks are the domain of the bold. Nevertheless, for investors nearer the conservative end of the risk spectrum, penny stocks can make sense. At InvestorPlace, we practice sound investment fundamentals. So, while a prudent investment strategy is recommended, that doesn’t mean that risk isn’t sometimes warranted. In fact, in many cases, it is. However,
The energy sector has been buried — and rightfully so. That includes Exxon Mobil (NYSE:XOM), which saw a peak-to-trough decline of 57% earlier this year. Worse though, the 2020 peak for Exxon Mobil stock was near $67.50, well below its all-time high up near $81 from 2014. Source: Shutterstock To put it simply, XOM stock
Overstock.com (NASDAQ:OSTK) stock is proof of why investors shouldn’t be scared to chase rallies, so long as those rallies are well-founded and the valuation leaves room for further upside. Back in early May, OSTK stock flew on my screen as one of the hottest e-commerce stocks in the market. Source: Burdun Iliya / Shutterstock.com At