Last October, Aurora Cannabis (NYSE:ACB) went public on the New York Stock Exchange. At the time, investors were full of optimism about the Canadian pot stock. The company beat out its rivals in terms of production capacity and was already expanding globally. But nearly a year later, ACB stock’s prospects don’t seem quite as strong.
As the trading week comes to a close, U.S. equities seem to be in a good news/bad news situation. The S&P 500 bounced back after a modest sell-off on Monday, and is green through the first four days of the week. But yet another effort to hold S&P at 3,000 failed on Thursday morning, and
Denver money manager Fred Taylor of Northstar Investment Advisors. Source: Northstar Investment Advisors Managing investments in a year fraught with headline risks requires a sound strategy and the conviction to stand by it, but also the flexibility to take advantage of fast-changing market conditions. Denver money manager Fred Taylor has long focused on companies that
Check out the companies making headlines before the bell: Bank of America – Bank of America reported quarterly profit of 56 cents per share, 5 cents a share above estimates. Revenue was slightly above forecasts, as well. Results were helped by a 27% increase in investment banking fees and strong growth in consumer banking. Bank
On Thursday, Oct. 17, Tesla (NASDAQ:TSLA) stock gained 0.85%. For a stock as volatile as Tesla, that’s not much and volume in shares of the electric carmaker on that particular day was well below average. Source: Ivan Marc / Shutterstock.com However, that was the ninth consecutive day Tesla stock closed higher. That modest Oct. 17
It’s been a hard year for marijuana firms and their investors. The industry has been wracked with worries about health concerns, waning demand and regulatory tie-ups. Naturally, this has taken a toll on marijuana stock prices. Aurora Cannabis (NYSE:ACB) is a prime example of a pot stock that’s been hammered over the past 12 months.
Friday featured some volatility, a few earnings reports, and a selloff in several blue-chip and high-growth stocks. Here’s a look at some top stock trades for next week. Top Stock Trades for Tomorrow No. 1: Boeing (BA) Shares of Boeing (NYSE:BA) were hammered on Friday as worries heat up over the 737 MAX once again.
A ticker symbol is a short version of a company name. Benefits of Ticker Symbols: -Every ticker symbol is unique (some companies have similar names and this eliminates confusion) -It is faster to type than a full company name -Faster for trade executions Examples: -McDonald’s = MCD -Facebook = FB -Caterpillar = Cat -Google =
New IPO Twilio is a disruptor in mobile apps, messaging and communications. Facebook: https://www.zacks.com/stock/quote/FB?cid=CS-YOUTUBE-FT-VID Twitter: https://www.zacks.com/stock/quote/TWTR?cid=CS-YOUTUBE-FT-VID Twilio: https://www.zacks.com/stock/quote/TWLO?cid=CS-YOUTUBE-FT-VID Home Depot: https://www.zacks.com/stock/quote/HD?cid=CS-YOUTUBE-FT-VID. Nordstrom: https://www.zacks.com/stock/quote/JWN?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
Carl Icahn, billionaire activist investor, waits for Donald Trump, president and chief executive of Trump Organization Inc. and 2016 Republican presidential candidate, not pictured, to speak at an election night event in New York, U.S., on Tuesday, April 19, 2016. Victor J. Blue | Bloomberg | Getty Images Billionaire investor Carl Icahn is moving his
Morgan Stanley headquarters in Times Square, New York. Source: Morgan Stanley Check out the companies making headlines in midday trading: Netflix – Shares of the streaming service rose 3.4% after Netflix reported mixed third-quarter earnings results, beating Wall Street’s expectation for earnings and international subscriber growth but just missing on both revenue and domestic subscriber growth.
InvestorPlace’s Vince Martin recently commented that Alibaba Group (NYSE:BABA) has returned to its rangebound ways, an indication that owning Alibaba stock might not be the best idea in the immediate future. Source: BigTunaOnline / Shutterstock.com “Investors who have long waited for Alibaba stock to finally rally again might hope that history will repeat. The
Back during Sony’s (NYSE:SNE) tough days, I personally witnessed the dramatic rise and influence of GoPro (NASDAQ:GPRO). At the time, I was a senior business analyst tasked with increasing Sony’s digital camera market share. From a product perspective, GPRO had the better ideas. But I’m glad I invested in SNE rather than GoPro stock. Source:
Blame it on the month of October, or China or on the Federal Reserve. But Friday was marked by notable volatility in numerous groups and relatively stable action in others. Overall, we barely saw a decline in the stock market today, with the SPDR S&P 500 ETF (NYSEARCA:SPY) down just 0.2% in the final 15
Pimco founder and bond industry legend Bill Gross is done with his previous life running huge investment bonds and making market headlines. But that doesn’t mean he’s done as an investor. Instead, the one-time “bond king” is putting money to work for his own sake rather than running what was once the world’s largest bond
Check out the companies making headlines before the bell: American Express – The financial services giant earned $2.08 per share for the third quarter, 5 cents a share above estimates. Revenue also came in above analysts’ forecast. American Express also forecast current-quarter revenue growth of 8% to 10%, compared to a consensus estimate of 8.9%.
Cloud security company Okta (NASDAQ:OKTA) had a tremendous couple of years. Since trading at just $22.60 in early 2017, it quickly became a crowd favorite, soaring as high as $141.85. Since then, OKTA has crashed 34% off those highs. However, the plunge in OKTA stock has created a long-term buying opportunity. Source: Sundry Photography /
[Editor’s note: “8 Monthly Dividend Stocks to Buy for Consistent Income” was previously published in July 2019. It has since been updated to include the most relevant information available.] With so much uncertainty weighing on key economic metrics — most notably the U.S.-China trade war — the idea of buying dividend stocks is an attractive
Nio (NYSE:NIO) stock climbed more than 11% after the “Tesla (NASDAQ:TSLA) of China” reported strong third-quarter earnings on Oct. 8. Investors were especially pleased to learn that the company’s vehicle delivery increased by 35% from the second quarter. Source: Carrie Fereday / Shutterstock.com This news came at just the right time for Nio stock, since
Stocks dipped Friday, but closed well off session lows. The dollar slumped to its lowest levels in three months despite weak data out of China, the world’s second-largest economy. China said its third-quarter GDP grew by 6%, but economists were forecasting a slightly higher uptick of 6.1%. Source: rafapress / Shutterstock.com On the back of