Chip Chipman | Bloomberg | Getty Images Check out the companies making headlines after the bell: Cree — Shares of the semiconductor company ticked nearly 3% lower in extended trading on Tuesday after giving a weak earnings outlook for the current quarter. Fiscal first quarter revenue outlook came in roughly in line with estimates. Cree, however,
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With shares trading sharply higher as of late, you may think you’ve missed the boat with Target (NYSE:TGT) stock. But even at around $140 per share, shares remain a solid buy. How so? For starters, the novel coronavirus remains a tailwind, not a headwind, for the retailer. Source: jejim / Shutterstock.com Sure, this has been
The electric car industry is booming, and industry stalwarts like Tesla (NASDAQ:TSLA) are reaping the benefits. Meanwhile, gimmicky companies like Electrameccanica Vehicles (NASDAQ:SOLO) have only enjoyed a fraction of the success. While EV stocks like Tesla and Nikola (NASDAQ:NKLA) have powered higher this year, SOLO stock is far less glamorous. Source: buffaloboy / Shutterstock.com The
The S&P 500 finally did what the Nasdaq Composite did months ago, which is finally hit new all-time highs. With that in mind, let’s look at the charts to see what top stock trades Tuesday had to offer. Top Stock Trades for Tomorrow No. 1: Amazon (AMZN) Amazon (NASDAQ:AMZN) stock was setting up for either
Production cuts are working US output should continue to decline The trend is your friend, and the dollar reversed- Levels to watch on the upside The price of crude oil continued to sit near the recent high last week. At the $42 per barrel level on Friday, August 14, the energy commodity was close to
A Biotech Pioneer and an E-Commerce Giant. Amgen: https://www.zacks.com/stock/quote/AMGN?cid=CS-YOUTUBE-FT-VID Alibaba: https://www.zacks.com/stock/quote/BABA?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
A worker is seen wearing a mask while organizing merchandise at a Walmart store, in North Brunswick, New Jersey, July 20, 2020. Eduardo Munoz | Reuters CNBC’s Jim Cramer said Tuesday that Walmart is a “remarkable juggernaut” but it won’t be able to keep up the blistering growth that it saw in the second quarter
Traders wearing masks work, on the first day of in person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. Brendan McDermid | Reuters It finally happened, but not without some drama. The S&P 500
An exterior view of the Oracle Field Office at Wilson Boulevard in Arlington, Virginia, October 18, 2019. Tom Brenner | Reuters Check out the companies making headlines in midday trading. Oracle — Shares of Oracle rose 2.5% on news the company is discussing a deal for TikTok’s U.S., Canada, Australia and New Zealand operations, sources told CNBC.
The price of Nokia’s (NYSE:NOK) stock is still cheap with a $5 handle, but it’s more than doubled off its March lows. The rally of Nokia stock indicates that the company’s new leadership and the 5G boom are legitimate positive catalysts for the Finnish telecom gear maker. Source: RistoH / Shutterstock.com CEO Pekka Lundmark, who
Home Depot (NYSE:HD) stock failed to rally in mid-August despite reporting second quarter numbers that simply blew estimates out of the water. Source: Jonathan Weiss / Shutterstock.com Normally when a red-hot stock fails to rally after super-strong numbers, that’s a sign of valuation friction and rally exhaustion. And that’s exactly what we’re seeing with HD
It’s been a volatile past week and a half for the precious metals market, with silver (SLV) getting hit the hardest, falling over 20% from its early August highs. While we’ve seen an impressive recovery since the lows near $23.50/oz, we have one issue remaining: sentiment. Even though the sharp correction has managed to relieve
A view outside a Kohl’s store on July 16, 2020 in Miramar, Florida. Johnny Louis | Getty Images Check out the companies making headlines after the bell: America’s Car-Mart — Shares of America’s Car-Mart jumped nearly 5% in extended trading after the auto financing company reported better-than-expected earnings. The company reported earnings per share of $2.83, versus
With the recent rally in tech stocks, why would you choose industrial services stocks to buy? Well, the U.S. economy and the global economy alike have witnessed a unique challenge over the past few months. They’re all trying to recover as quickly as possible from the latest economic recession due to the coronavirus crisis. Back
Is there any reason to buy Exxon Mobil (NYSE:XOM) today? The S&P 500 has made a full recovery. But Exxon Mobil stock remains far below from where it was before the novel coronavirus. Source: Jonathan Weiss / Shutterstock.com Sure, shares have recovered from their March pandemic-driven lows. Yet, with few catalysts on the horizon, it’s
Shares of Ocugen (NASDAQ:OCGN) have climbed nearly 180% in the last month. However, OCGN stock is still trading at just 57 cents a share. That’s the life of a penny stock. And that’s the only story you need to know about Ocugen. Source: Shutterstock The reason the stock is rising is genuinely good news. The
It was a quiet Monday as the dog days of August wear on. We’ll get a number of retail earnings this week, which should command some of investors’ attention. With that in mind, let’s look at a few top stock trades in the meantime. Top Stock Trades for Tomorrow No. 1: Barrick Gold (GOLD) Barrick
Value stock strategist, Tracey Ryniec, uses the P/S ratio to profile Casey’s General Store, Inc. (CASY). Casey’s General Store: http://www.zacks.com/stock/quote/CASY?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
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Barrick Gold mining ullstein bild | Getty Images Barrick Gold‘s stock is popping 10% in premarket trading Monday after legendary investor Warren Buffett’s Berkshire Hathaway revealed a stake in the gold miner’s stock. Berkshire added a $562 million position in Barrick Gold in the second quarter, according to SEC filings Friday. While the position is small for