People wait on a long line to receive a food bank donation at the Barclays Center on May 15, 2020 in the Brooklyn borough in New York City. The event was organized by Food Bank for New York City and included dairy and meat items. Stephanie Keith | Getty Images Nearly 4 million people came
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Investors fortunate enough to have bought Chevron (NYSE:CVX) stock at its March 23 low of $54.22 per share have made a very nice return. Since then, Chevron stock rebounded nicely to trade in the low-$90s for the past month. At $91.70, there’s a lot of upside between here and $120, which is where CVX traded
There’s a lot I don’t understand about science and virology. But I understand marketing and the power of a great brand. So even in the midst of a global selloff in equities, I remained bullish on Disney (NYSE:DIS). And since my last article, DIS stock is up 20%. Source: spiderman777 / Shutterstock.com However, skeptics will
Snap (NYSE:SNAP) doesn’t look bad for a company that often gets lost in the shuffle with Facebook (NASDAQ:FB) and Twitter (NYSE:TWTR) dominating headlines in the social media space. SNAP stock gained close to 11% in value over the last month. Source: Ink Drop / Shutterstock.com After a stellar first-quarter report, SNAP stock recorded a 36.7%
Mohamed El-Erian told CNBC on Tuesday that there was “good news across the board” on the coronavirus battle as U.S. stock surged. Appearing on “Squawk Box,” the chief economic advisor at Allianz said he is encouraged by developments on a potential Covid-19 vaccine and the lack of a dramatic spike in new cases as states moved to reopen
Check out the companies making headlines before the bell: Big Lots — Big Lots is the latest discount retailer to report a strong quarter amid the pandemic, earning an adjusted $1.26 per share compared with a 40 cent consensus estimate. Revenue exceeded forecasts as well, with same-store sales jumping 10.3% compared with a 1% FactSet
In Best Stock Charts this week we discuss what you must know about TrendSpider which is that today is their final day of 35% OFF! Use the link below to take advantage of this rare offer. If you are looking for free charting software with automated technical analysis you must take advanate of their 7
Delta Air Lines (NYSE:DAL) and other carriers aren’t out of the novel coronavirus woods yet, not by a long shot. But a jump of 18.24% last week by DAL stock can’t be glossed over either. Source: NextNewMedia / Shutterstock.com The recent strength of DAL stock epitomizes what’s happening in the equity market today. Stocks, including
The global economy is beginning to reopen, and that is very good news. Oil stocks were under pressure even before the pandemic hit, but things got worse as lockdowns began. Demand fell of a cliff, and even Exxon Mobil (NYSE:XOM) stock took a plunge. Source: Michael Gordon / Shutterstock.com At one point, Exxon Mobil stock was trading
CNBC’s Jim Cramer said Friday he’s concerned the stock market’s rally from its March lows may run out of steam unless Congress approves additional coronavirus relief measures. “Without another package, I know it’s trillions of dollars, we’re just going to kind of sputter out,” Cramer said on “Squawk Box.” ”I get worried. It’s just too many people that
The rising tensions between the U.S. and China could continue to hang over the technology sector, even though President Donald Trump on Friday stopped short of threatening Beijing with more trade actions. The president said the U.S. was ending its preferential treatment of Hong Kong and terminated the U.S. relationship with the World Health Organization
After a bumpy couple of days, the S&P 500 traded somewhat quietly on Friday, after bouncing off the 3,000 area and 200-day moving average. With that in mind, let’s look at a few top stock trades for next week. Top Stock Trades for Monday No. 1: Zscaler (ZS) Zscaler (NASDAQ:ZS) shares are ripping higher after
Royal Caribbean (NYSE:RCL) just got its head back above water. In fact, since May 11, RCL stock has exploded from $37.78 to about $52. Even now, it’s still a very solid opportunity. And if it can stay afloat, as the economy recovers, I strongly believe it can refill its gap around $108. Source: Laszlo Halasi
With reopening America on the minds of investors and consumers alike, many beaten down stocks are on the mend. One of the biggest names in that regard has been Carnival Cruise (NYSE:CCL). CCL stock has given investors hope, more than doubling from its March low. Source: Ruth Peterkin / Shutterstock.com But is there a false
Signage is displayed outside Morgan Stanley & Co. headquarters in the Times Square neighborhood of New York. Michael Nagle | Bloomberg | Getty Images Morgan Stanley is planning to kick off the return of trading personnel to its New York headquarters in mid to late June, according to people with knowledge of the situation. The
A family wearing masks passes the New York Stock Exchange, Tuesday, May 26, 2020. Mark Lennihan | AP The big rotation into unloved stocks, like banks, small caps and airlines, took a break Friday, but it could be a theme that dominates trading again in the week ahead. Investors will be assessing the progress of
Exxon Mobil (NYSE:XOM), the world’s largest energy producer, hasn’t had a great year. Exxon Mobil stock has shed 36.1% of its value since December, and it certainly isn’t alone. Source: Shutterstock The novel coronavirus pandemic has wreaked havoc across all markets, but perhaps the most severely affected sector is the oil industry. Plummeting oil prices
How big is the economic impact from the coronavirus in China? Listen in on the conference calls of these 5 companies. Disney: https://www.zacks.com/stock/quote/DIS?cid=CS-YOUTUBE-FT-VID Yum China: https://www.zacks.com/stock/quote/YUMC?cid=CS-YOUTUBE-FT-VID Uber: https://www.zacks.com/stock/quote/UBER?cid=CS-YOUTUBE-FT-VID Tapestry: https://www.zacks.com/stock/quote/TPR?cid=CS-YOUTUBE-FT-VID Canada Goose: https://www.zacks.com/stock/quote/GOOS?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
With a global push for cleaner energy, natural gas stocks are likely to remain in focus and demand in the coming decade. The reason: Natural gas is the cleanest fossil fuel with emission of up to 50% less CO2 as compared to other fuels. Considering this fact, it’s not surprising that McKinsey & Company estimates
I don’t think there’s any company that has suffered worse from the novel coronavirus than Boeing (NYSE:BA). Sure, several companies have gone bankrupt, such as J.C. Penney (OTCMKTS:JCPNQ) and more recently Hertz Global (NYSE:HTZ). But these were already deeply troubled organizations. Regarding the airplane manufacturer, despite its own problems, it still represented American economic and