Editor’s note: This article is a part of InvestorPlace.com’s Best Stocks for 2020 contest. John Jagerson and Wade Hansen’s pick for the contest is Disney (NYSE:DIS). When we started our original write up for this year’s top stock pick with “Please keep your arms and hands inside the ride at all times … 2020 is going to be
Having seen its price cut nearly in half by the coronavirus from China and an oil price war, Exxon Mobil (NYSE:XOM) has its executives buying the plunge. Source: Jonathan Weiss / Shutterstock.com The company’s principal financial manager and the head of its Global Projects unit, both 40-year veterans at the company, bought shares of XOM
CVS: 3 “Essential” Healthcare Stocks for the Times CVS – Here are 3 uniquely attractive healthcare stocks in the midst of this ongoing health crisis: CVS, CPRX and MRNA. Full details below… Get Free Updates Healthcare stocks have always been considered a safe haven in the midst of a bear market. Because no matter how
Halting a three-day winning streak, stocks tumbled Friday as investors appeared to sell the news on the House of Representatives passing the $2 trillion stimulus and as coronavirus case data grew increasingly ominous. Source: Provided by Finviz The S&P 500 slid 3.37% The Dow Jones Industrial Average lost 4.12% The Nasdaq Composite dropped 3.79% In a
Jobs, wages, profits and dividends are all under siege for American oil companies. For years, Schlumberger (NYSE:SLB) stock was a stunner. That is, until mid-2014. Now, those glory days are long gone. Even when the price of oil powered its way up to $75 in October 2018, Schlumberger shareholders continued to suffer staggering losses. Source:
American Airlines planes parked in Tulsa, Oklahoma. American Airlines The coronavirus crisis is bringing the United States economy to a screeching halt, with every sector feeling the effects of most of the country’s workforce staying home. Satellite imagery combined with other photographic evidence and alternative data sources give a stark look at the U.S. situation:
Sanjay Mehrotra, CEO of Micron Technology, appears on CNBC’s Squawk on the Street at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Gerry Miller | CNBC Check out the companies making headlines midday Thursday: Micron Technology — Shares of the semiconductor company rose 6.8% Thursday after beating Wall Street expectations on
Despite my long-term bullishness, I concede that the wild swings in the markets have been discomfiting for my readers. Truly, we’re witnessing an unprecedented response to this crisis that will impose both societal and economic scars. As you might expect, companies which are levered to consumer sentiment like Tesla (NASDAQ:TSLA) have taken a beating. At
Exxon (NYSE:XOM) pays $3.48 per share in dividends to its shareholders. Will the dividend be cut? So far, not. So the dividend yield for XOM stock is 9.8%. This is a rare bargain. Source: Harry Green / Shutterstock.com Exxon has made no statement that it is cutting the dividend since the coronavirus pandemic ramped up.
SPY: Learning About the Markets While Social Distancing SPY – Today’s featured article covers the S&P 500 (SPY), and reveals how you can learn about the markets while social distancing. Continue reading for all these important details. Get Free Updates Many people’s lives have been turned upside down by staying at home or sheltering in
In Best Stock Charts this week we discuss the anatomy of a bear market rally. We will use technical analysis to discuss where we believe there is resistance above and where it is safest so sell short the stock market ✅Get a 15 Minute Live-Stream Alert Sent To Your Inbox (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/
After several sharp days of rallying, investors were greeted with harsh losses in the stock market today. The SPDR S&P 500 ETF (NYSEARCA:SPY) opened lower by about 3% and fell almost 4% at its lows. However, the market regained its footing for most of the afternoon, as investors awaited the House result for the $2.2
It’s been an insane month for airlines stocks. Legacy carrier United Airlines (NASDAQ:UAL) has been no exception. UAL stock traded for $90 as recently as January. Last week, it sold for a low of just $18, amounting to an 80% loss of value in scarcely two months. Source: NextNewMedia / Shutterstock.com However, United’s fortunes are
http://www.zacks.com – Kevin Matras talks about intrinsic value and time value, and what you need to know before placing your next options trade.
Pershing Square Capital manager Bill Ackman defended his emotional CNBC appearance last week after his fund announced a few days later that it made over $2 billion on bets against the markets. The investor warned that “hell is coming” and that hotel stocks could go to zero in the interview. “Shortly after the show, I
The first crushing wave of 3.28 million workers seeking unemployment benefits is expected to be followed by millions more in coming weeks as the impact of virus-related shutdowns ripples across the U.S. economy. Economists had expected anywhere between 1 million and 4 million new claims to be filed for the week ending March 21, as
Before Microsoft (NASDAQ:MSFT) shareholders start freaking out and selling their Microsoft stock, there are no signs at the moment that the company will delay the release of its new gaming console, Xbox Series X. The console is slated to be released in the fourth quarter Source: NYCStock / Shutterstock.com However, Wedbush Morgan analyst Michael Pachter
Bank of America (NYSE:BAC) is the second-largest bank in the United States, with 5,000 locations and a footprint that stretches across 37 states . It is truly a “national” bank and a dominant player with retail accounts, loans, mortgages and wealth management services. But along with the other big banks, BAC stock has been hammered
ACB: Cannabis Stock Weekly Recap ACB – We also saw the cannabis sector rally with the overall market. Companies such as ACB, IIPR, and CTST made significant moves. Get Free Updates It was another eventful week for the stock markets. We saw a huge rally starting Tuesday when the plan for the largest economic stimulus
InvestorPlace Mission Control aims to bring readers up-to-the-second financial news, market insights, and the best stocks to buy from market open to close during these volatile times. Read on to learn what the experts believe, and to help you avoid danger and seize opportunity as the world grapples with the coronavirus crisis. John Rogers: This