Pfizer (NYSE:PFE) has been working on its recovery over the past six months as it climbs from its August lows. Despite rallying more than 15% from those lows, Pfizer stock is still down more than 13% from its fourth quarter 2018 highs. Is it time to bet on Pfizer stock or throw in the towel?
Equities took a much-needed breather in the stock market today. Although, not by much. The SPDR S&P 500 ETF (NYSEARCA:SPY) slipped just 0.31%, while the PowerShares QQQ ETF (NASDAQ:QQQ) fell 0.26%. We continued to see new highs from many stocks on Friday, but it’s starting to feel a bit tired out there. Equities aren’t rallying
Next week, earnings season kicks off with financial sector stocks announcing their fourth-quarter results. The industry has been weighed down by the Fed’s easing policies, but many believe that bank stocks will outperform in 2020. Citigroup (NYSE:C) is no exception; most analysts are bullish on the stock, with 84% of those covering Citigroup stock giving
We all have bills and expenses each and every month. However, when it comes to investing in dividend-paying stocks, there’s always been a mismatch between when you get paid dividend distributions and when you cut checks or click to make your payments. This is because the vast number of U.S.-listed companies pay their dividends on
A ride at Six Flags amusement park in Upper Marlboro, MD. Jonathan Newton | The Washington Post | Getty Images Six Flags received an exceedingly rare double black eye from the same analyst as the stock was downgraded twice in less than a day by Wells Fargo. When the closing bell rang on Thursday, Timothy
When I last weighed in on Nio (NYSE:NIO) it looked as if the company was entering the beginning of the end. Nio stock seemed like the worst buy possible. Source: Carrie Fereday / Shutterstock.com “I’m not a fan of the stock with the EV market pulling back,” I wrote. “You can find better opportunities elsewhere
Back in December, we collected some predictions for gold. Of course, such predictions are mostly smoke and mirrors, because no one can predict the future with tremendous accuracy all the time. But they are nonetheless interesting and attractive because we are humans and humans want to think they know what’s coming. We won’t name names
Equities backed off record highs Friday after the December employment report proved to be a dud, showing the addition of just 145,000 new roles in the final month of 2019, well below the 160,000 new jobs economists were expecting. Unemployment remained at 3.5%. Source: Charts Provided by Finviz The S&P 500 lost 0.29% The Dow
Defense stocks have seen a lift over the past few weeks as tension between the U.S. and Iran caused a rush into the sector. And this stampede has caused many to question whether it’s a rally worth chasing. History tells us that defense stocks typically beat the market for about six months after a conflict
Johnson & Johnson (NYSE:JNJ) is expected to report its fourth-quarter earnings on Jan. 22. Over the past year, JNJ stock has risen about 12%. And the share price is currently hovering around $145. Source: Alexander Tolstykh / Shutterstock.com The owners of Johnson & Johnson stock may well remember that between 2012 and late 2017, the shares
Martin Chavez, Goldman Sachs Amanda Gordon | Bloomberg | Getty Images Marty Chavez’s next act is beginning. The former Goldman Sachs technology chief is joining the board of Paige, a New York-based start-up that aims to use artificial intelligence techniques to improve the diagnosis and treatment of cancer. “I’m thrilled at the opportunity to put
The good news is that stocks are continuing to rally because the market is assuming the magic combination of continuing job growth, a trade truce, a friendly Federal Reserve, and a bottom on declining global growth will produce an expansion of earnings in 2020. The bad news is that stock prices keep going up, but
Shares in Grubhub (NYSE:GRUB) rose recently on hopes the company will be bought. Then the company denied the report and the shares went back down. Source: Lori Butcher / Shutterstock.com Grubhub, a restaurant delivery service that went public in 2014, saw shares peak in 2018 at $146 each, but they opened Jan. 10 at $51.34
It’s been an exciting past few days for investors in the metals complex, with both gold (GLD) and silver (SLV) soaring higher following increases tensions in the Middle East. Gold jumped more than 3% the past few days following the news, and silver jumped more than 4%. While this has been an excellent opportunity for traders to trim some
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It’s not “peace in the Middle East,” but cooling tensions, at least for the moment, between the U.S. and Iran contributed to a decent day of upside for equities. Source: Charts provided by Finviz The S&P 500 added 0.67% The Dow Jones Industrial Average climbed 0.74% The Nasdaq Composite tacked on 0.81% On a strong day
Virgin Galactic CEO George Whitesides on Thursday revealed the company has seen steadily increasing demand from prospective space tourists, as the company edges closer to its goal of beginning commercial flights this year. The number of people telling the company they want to fly to the edge of space “keeps ticking up by a good
Bloomberg | Getty Images Take a look at the companies making headlines after the bell. Shares of KB Home fell more than 1.5% in extended trading after the company reported lighter-than-expected revenue for its fourth quarter. The homebuilder posted $1.31 in earnings per share and $1.56 billion in revenue. Analysts expected $1.29 in earnings per
Shares of struggling home merchandise retailer Bed Bath & Beyond (NASDAQ:BBBY) tanked in early January after the company reported miserable third-quarter numbers that missed everywhere. And BBBY stock immediately felt the effects. Source: Jonathan Weiss / Shutterstock.com Comparable sales dropped more than expected. Revenues came in below estimates. Gross margins compressed. Expense rates rose. Profits missed by
Penny stocks are almost always high-risk, high-reward investments. Some of them are worth buying because they have visible and realistic pathways to at least tripling. Source: Tinseltown / Shutterstock.com That’s why I’ve recommended some penny stocks before, like struggling department store operator Stage Stores (NYSE:SSI), Chinese premium electric vehicle maker NIO (NYSE:NIO), and hydrogen fuel