January has already seen impressive gains in broader markets, and shareholders in the Atlanta-based airline Delta (NYSE:DAL) stock have also enjoyed a year-to-date gain of about 6%. Source: VanderWolf Images/Shutterstock.com In the U.S, four major carriers — American Airlines (NASDAQ:AAL), United Continental Holdings (NASDAQ:UAL), Delta and Southwest Airlines (NYSE:LUV) — control about 70% of the domestic market. Furthermore,
Acasti Pharma (NASDAQ:ACST) is a classic example of the extreme volatility of small-cap biotech stocks. It was only in late December that the shares were fetching $2.87, up from $1 a year earlier. But now ACST stock is trading around 79 cents, with a market cap of about $70 million. To provide some context, in
David Tepper, founder of Appaloosa Management, said Friday he still likes this bull market, which is the longest on record. ”I love riding a horse that’s running,” Tepper told CNBC’s Joe Kernen in an exclusive email. ”We have been long and continue that way.” The current bull market started in March of 2009. Since then, the S&P 500
This is a big deal. After all, one of the US Federal Reserve’s two major goals is to maintain the inflation rate near 2%. Because, you know, high inflation is bad. If the inflation rate went up to 4, 5, or 6%, suddenly a lot of people would find themselves in the poor house. Basically inflation
On a Friday before a holiday weekend, investors can usually expect some sluggish market action and that was the case today, but small gains are better than losses and the small gains accrued today lifted the widely followed U.S. equity indexes to another batch of record highs. Source: Provided by Finviz The S&P 500 gained
For a boring company like Cisco Systems (NASDAQ:CSCO), it enjoyed a solid performance in 2019. Last year, Cisco stock returned nearly 17% for stakeholders. Granted, it’s not an earth-shattering figure. As a telecommunications equipment specialist, Cisco isn’t exactly a sexy organization. However, it’s a name you may want to keep in the backburner. Source: Anucha
Who knew furniture sales can be so exciting? Yet that’s the perfect word to describe shares of furniture and home-goods e-commerce specialist Wayfair (NYSE:W). Early in 2019, I was on both sides of the investment thesis of Wayfair stock. Almost a year later, how should prospective buyers approach this wild entity? Source: Jonathan Weiss /
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 15, 2020. Brendan McDermid | Reuters Wall Street may be getting a bit too excited about the stock market’s hot start to the new year. The S&P 500 has already jumped nearly 3% for 2020, rising more than
A Dave & Buster’s location in Irvine, California. Scott Mlyn | CNBC Check out the companies making headlines in midday trading on Friday: Alphabet – The Google-parent’s stock rose nearly 1% after UBS increased its price target, saying shares will climb more than 15% this year. The firm’s optimistic outlook came a day after a
GW Pharmaceuticals PLC (GWPH) stocks rallied this week after the company released preliminary Q4 results that exceeded forecasts. The driving force behind the GWPH’s performance came from better-than-expected sales of the company’s flagship product Epidiolex, the cannabidiol (CBD)-based drug used to treat epilepsy, Lennox-Gastaut and Dravet syndromes. Thus far, Epidiolex is the only CBD-based pharmaceutical
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Stocks continue to push higher, with major U.S. indices hitting more record highs on Thursday. That being said, here’s a look at a few top stock trades for Friday. Top Stock Trades for Tomorrow No. 1: Signet Jewelers (SIG) There’s a short squeeze alert in Signet Jewelers (NYSE:SIG). The stock is more than 40% on
As the old adage puts it, the most dangerous words in investing are, “this time is different.” For years, that wisdom would have steered investors away from Plug Power (NASDAQ:PLUG) stock. Source: Shutterstock After all, Plug Power has been one of the market’s longest-running serial disappointers. Since inception, Plug Power has accumulated a deficit over
Abbvie (NYSE:ABBV) is up over 40% since its mid-August 2019 lows, but amazingly Abbvie stock still offers great value to investors. Source: Piotr Swat / Shutterstock.com For example, ABBV has a dividend yield of 4.8% and a prospective price-to-earnings ratio of just 9 times. This is significantly below the averages for the S&P 500. I
The Tesla logo is seen on the Apple iPhone case in Santa Monica, California. Patrick T. Fallon | Bloomberg | Getty Images Elon Musk’s electric automaker Tesla on Wednesday once again reclaimed its title as Wall Street’s most-shorted stock. That was, at least, until Apple stole it back. Tesla’s meteoric climb over the last six
Pedestrians walk past a Gap Inc. store in New York. Craig Warga | Bloomberg | Getty Images Check out the companies making headlines after hours on Tuesday: Gap Inc. — Stock of the clothing retailer was up more than 4% in extended trading after the company announced it no longer planned to spin-off Old Navy
Shares of Chinese streaming giant iQiyi (NASDAQ:IQ) have gone parabolic over the past few months, rising from $15 in early October 2019 to $25 by early January 2020. That’s a jaw-dropping 65%-plus rally in IQ stock in just three months. Source: NYC Russ / Shutterstock.com What’s behind the recent strength in the company? More importantly,
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Another day, another record in the stock market today. On Thursday, we had a trio of record highs, as the SPDR S&P 500 ETF (NYSEARCA:SPY), the SPDR Dow Jones Industrial Average (NYSEARCA:DIA) and the PowerShares QQQ ETF (NASDAQ:QQQ) all surged once again. This bull just won’t die — and surprisingly, it’s got many investors frustrated.
In case you hadn’t noticed, America is having a delivery dilemma. What started out as a quaint thing called “shopping from home” has grown into perhaps the dominant industry of this generation. E-commerce is not only changing the way consumers shop, but it’s also changing how they spend their leisure time. And increasingly those consumers