Friday marked a quiet day for the indices, but a loud day for earnings. That said, let’s look at a few top stock trades as we head into the long holiday weekend. Top Stock Trades for Tuesday No. 1: Roku (ROKU) Man, did the trade in Roku (NASDAQ:ROKU) work out well or what? After better-than-expected
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Investors might be tempted to take profits in Teladoc Health (NYSE:TDOC). After all, TDOC stock has gained 900% from its 2016 lows. And it certainly looks expensive. The provider of virtual healthcare services now has a market capitalization over $8 billion. Source: Piotr Swat / Shutterstock.com Yet Teladoc isn’t profitable, and likely won’t be until
CNBC’s Jim Cramer on Wednesday blasted Bed Bath & Beyond‘s decision to announce disappointing same-store sales figures well ahead of its fourth-quarter earnings release. However, Cramer said investors could use the subsequent stock plunge as a buying opportunity. “I would buy it,” he added. Bed Bath & Beyond shares sank about 25% on Wednesday after
If one simply opened up their investing app or glanced at a financial news summary for Friday, it would look like a quiet session in the stock market today. The S&P 500 was up less than 0.02%, in what appeared to be a sleepy trading session ahead of a three-day holiday weekend. However, it was
Shares of Teva Pharmaceuticals (NYSE:TEVA) were up over 9% in late trading on Feb.12. The company posted EPS and revenue that exceeded analysts’ expectations. Source: JHVEPhoto / Shutterstock.com The earnings report made it three quarters in a row that Teva stock has beaten revenue expectations. The bottom line number marked a reversal from the third
The last time I weighed in on Boeing (NYSE:BA), I noted that the stock “appears to have priced in a substantial amount of fear and negativity. Many investors also believe Boeing stock has hit bottom.” Source: Alex JW Robinson / Shutterstock.com That was on January 17, when BA stock was trading at $321.09. At the
A man runs past the New York Stock Exchange (NYSE). Bloomberg The portfolio manager who helps run a mutual fund that consistently beats the market and its peers said the key to his success is being able to wait for stocks to pop. The D.F. Dent Premier Growth Fund, which has returned over 15% annually
Friday was another mostly listless day for equities, as the major benchmarks spent much of the session searching for direction only to find little of it on a sluggish, light volume day in advance of a long weekend. Source: Provided by Finviz The S&P 500 gained 0.18%. The Dow Jones Industrial Average slipped 0.08%. The Nasdaq
On paper, there’s an intriguing bull case for miner Freeport-McMoRan (NYSE:FCX). Freeport-McMoRan stock looks cheap. Copper prices have dipped of late, but have at least one important long-term tailwind. And Freeport has steadily improved its balance sheet in recent years, cutting net debt by over $12 billion between the end of 2015 and the end
Source: Hairem / Shutterstock.com When you think of all the coolest tech advancements in the works, from virtual reality (VR) to self-driving cars to artificial intelligence, I want you to think of one thing: NVIDIA (NASDAQ:NVDA). And, specifically, NVIDIA’s signature technology: the graphic processing unit (GPU). In a nutshell, every computer needs a processor to
Wedbush Securities’ Dan Ives praised Tesla’s announcement on Thursday morning of a new $2 billion common stock offering. “It’s a smart, strategic move,” Ives said on “Squawk Box.” “It takes any doomsday scenario around cash crunch … off the table.” Shares of Tesla, which have skyrocketed recently, were under some pressure on Thursday after the
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Stocks are likely to remain hostage to developments involving the coronavirus in the week ahead, and even so, the market could continue to hit new highs. Economists have been reducing China’s growth outlook for the quarter, with some seeing little
Just 9 short days ago your friendly Gold Enthusiast advised that he’s waiting for signs of an uptrend before buying into silver. Just exactly what that means might be up for debate; usually, an uptrend requires starting from a decent base with relatively low volume, and from there a rise in both price and volume. Are
In several recent sessions of Big Stock Charts, we’ve focused on names with sideways trading largely for two reasons. Source: Shutterstock First, stock charts heading generally sideways sometimes — but not always — can be easier to read. When a stock goes parabolic like Tesla (NASDAQ:TSLA) has of late, or plunges to multi-year lows, there
[embedded content] Shares of struggling pharmacy retail operator Rite Aid (NYSE:RAD) have sprung back to life in a big way over the past few months, as investors are growing more optimistic on the company’s turnaround plans, but RAD stock still has some hurdles to clear. Source: Michael Gordon / Shutterstock.com Specifically, Rite Aid reported blowout
The last time I wrote about Zillow Group (NASDAQ:Z, NASDAQ:ZG) was in December 2018. At the time, Z stock had dropped 31% over three months, prompting me to suggest investors buy on the dip. Source: OpturaDesign / Shutterstock.com Up 57% in the 14 months since, I see the company’s latest initiatives as the first of
Elon Musk, chief executive officer of Tesla Inc., speaks during a ceremony at the company’s Gigafactory in Shanghai, China, on Tuesday, Jan. 7, 2020. Qilai Shen | Bloomberg | Getty Images This is breaking news. Please check back for updates. Tesla priced its secondary common stock offering at $767 a share, raising more than $2 billion,
Expectations for a withdrawal of 118 bcf Natural gas continued to grind lower A blow-off low is necessary to bring volatility back and inject fear Natural gas continued its descent as the price moved below the $1.80 level over recent trading sessions. The price fell to its latest low of $1.753 per MMBtu on the
Tonight on Thursday Night Stock Charts Live we discuss how we are poised to close out the trading week. We will do live technical analysis of the weekly stock charts. ✅Join our free Best Stock Charts Newsletter list (we hate spam too) http://eepurl.com/gsysiL ===================================================== ?Facebook Discussion Group Join Our Facebook Discussion Group! http://bit.ly/2k2TD2t ?Follow Me
Equities were under pressure in morning Thursday trading, as investors sold on worries about the coronavirus from China. But there is more to the data than meets the eye, as investors quickly picked up on that note. The S&P 500 climbed to new record highs in the stock market today, before settling just below flat.