The bull move in Apple (NASDAQ:AAPL) stock has been impressive. Just a year ago, the prospects for the company looked far from promising. The company had fumbled with various products, was lagging in China and its iPhone models seemed lackluster. Source: View Apart / Shutterstock.com But of course, the problems were temporary. While CEO Tim
All traders can say is “wow” in regards to U.S. equities. Even with the coronavirus continuing its spread, bulls continue to bid the market higher. While we saw modest gains in the stock market today, with the S&P 500 rising “just” 0.32%, the gains over the past few sessions have been very impressive. With all
Wall Street analysts are the most bearish they’ve ever been on Tesla following the stock’s steep surge, which has seen shares nearly double this year. Many are saying the valuation looks stretched and is not supported by the underlying fundamentals. Some 45% of analysts currently have a sell rating on the stock, while just 19%
Newer traders might not remember a time when cannabis stocks were few and far between and volumes were thin. Today, it’s much easier to find popular marijuana stocks to trade and perhaps you’ve seen the explosive price moves to the upside — along with the painful moves to the downside. Source: Shutterstock Many cannabis stocks
In Best Stock Charts this week we discuss our short sale of Tesla stock using techncial analysis. We aslo review the stocks and ETFs that we like for the new trading week.
A customer pushes a cart of outdoor items past a membership desk at a Costco Wholesale Corp. store in Naperville, Illinois. Daniel Acker | Bloomberg | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click .) The deadly coronavirus continues
Analysts caution there’s likely to be more negative headlines on the spread of coronavirus as well as a deeper economic hit to the Chinese economy, but they also say any further impact could also be cushioned by central banks. “The news is going to get worse, but you have to juxtapose that against the stimulus
While Square (NYSE:SQ) has ushered in a revolution of cashless payments, investors aren’t giving it the credit it deserves. Sure, SQ stock’s 2020 performance is nothing short of eye-opening, attracting a near-25% gain year-to-date. But shares still sit more than 20% below their highs from October 2018. Source: Jonathan Weiss / Shutterstock.com I expect the
Talk about a blast from the past. General Electric (NYSE:GE) stock is up over 16% so far this year, thanks in part to a better-than-expected earnings report last week that has some believing there’s new life in the beleaguered company. Source: JPstock/Shutterstock.com Bank of America analyst Andrew Obin raised his price target for GE stock
Stocks took a breather on Friday with the new coronavirus from China being the likely culprit. The number of documented cases of the respiratory illness has swelled to over 30,000 globally with about 600 deaths. As such, investors are growing concerned that China’s economy — the world’s second-largest — will take a hit as a
Drew Angerer | Getty Images Amazon could potentially tag-team with the world’s biggest wrestling brand to gain an advantage in the streaming wars, according to a Needham. Not only could the Jeff Bezos-led tech retail juggernaut buy the streaming rights to World Wrestling Entertainment content, but it also could potentially buy the whole company one
Traders fill orders in the S&P options pit near the close of trading on the Cboe Global Markets trading floor on January 31, 2020 in Chicago, Illinois. Scott Olson | Getty Images The uncertainty around the coronavirus could continue to carry more weight in markets than corporate earnings or the consumer inflation and spending data
The outbreak of China’s coronavirus is a big deal. To date, it has infected over 30,000 people across the globe, and killed at least 638. Even if the disease stopped spreading today — which it won’t — this outbreak will still go down as one of the most pervasive epidemics in modern world history. And
Aurora Cannabis (NYSE:ACB) stock has not done well in recent months and on Thursday after the market closed, things got even worse. Aurora stock fell 5.6% on the day and plunged further in after-hours trading on news that its CEO, Terry Booth, would step down. Source: Shutterstock The company also announced a “business transformation plan,”
Despite a better-than-expected jobs report, U.S. equities couldn’t build on this week’s momentum. Investors saw the S&P 500 lose about 0.5% in the stock market today, as bulls simply couldn’t keep the market from unwinding a bit on Friday. After shedding almost 2% on Friday Jan. 31 and testing down into the 50-day moving average,
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As the ESG and sustainable investing movement grows, Societe Generale quantified the potentially large consequences for companies that don’t follow suit. The firm found that in two thirds of “high ESG controversy” cases a company’s stock experienced “sustained underperformance,” trailing the global index by an average of 12% over the course of the following 2
Workers carry a wall frame for a home under construction at a K. Hovnanian Homes development in Plano, Illinois, U.S., on Wednesday, May 15, 2019. Daniel Acker / Bloomberg / Getty Images Economists forecast a slight pickup in job growth in January over December, but warmer weather could have been a positive factor that could
Intel (NASDAQ:INTC) looks poised to outperform going forward, driven by multiple, strong, positive trends. Specifically, Intel stock is well-positioned to benefit from the growth of the cloud, data usage, AI and 5G. Source: Pavel Kapysh / Shutterstock.com On the competition front, Intel will benefit from the apparent closing of the gaps between its products and
[Editor’s note: “10 Mid-Cap Dividend Stocks to Buy Now” was previously published in November 2019. It has since been updated to include the most relevant information available.] One solution to bridge the gap between capital preservation, capital appreciation and income generation is to invest in dividend-paying mid-cap stocks. These are stocks with market caps between