Popular News

Analyst Predicts More Record Highs for Nike Stock

February 16, 2018 / www.schaeffersresearch.com

Nike Inc (NYSE:NKE) stock is up 0.9% to trade at $68.88, and earlier tagged a new record high of $68.98, after the shoe giant received a price-target hike to $80 from $74 at Stifel -- a roughly 16% premium to its current perch. Nike shares are now up 4.9% week-to-date, and on track for their best weekly performance since Dec. 15. This positive price action is just more of the same for NKE stock,...Read More

Walmart in Focus Amid Flipkart, Earnings Buzz

February 16, 2018 / www.schaeffersresearch.com

Retail behemoth Walmart Inc (NYSE:WMT) will step into the earnings confessional ahead of the opening bell on Tuesday, Feb. 20 -- when U.S. stocks resume trading after the long holiday weekend. In early trading today, WMT shares are in the spotlight amid reports of a bigger-than-expected footprint overseas, as well as upbeat analyst attention. Reuters reported that Walmart is in talks to buy a more...Read More

Buy Signal Says Now's the Time to Trade Seagate Technology Calls

February 16, 2018 / www.schaeffersresearch.com

Shares of data storage specialist Seagate Technology PLC (NASDAQ:STX) pulled back along with the rest of the equities market in early February, but data from Schaeffer's Senior Quantitative Analyst Rocky White suggests you should definitely buy this dip. In fact, STX just sent up a buy signal that has never once failed, according to White.Specifically, he screens for stocks that have pulled back t...Read More

Earnings Put Coca-Cola Stock on Track for Best Week Since 2016

February 16, 2018 / www.schaeffersresearch.com

The Coca-Cola Co (NYSE:KO) stock has shot 2.4% higher in electronic trading, after the beverage giant reported fourth-quarter adjusted earnings of 39 cents per share on $7.5 billion in revenue -- better than analysts were expecting. This marks the eighth quarter in a row Coke has beat on the top and bottom lines, with the latest results reflecting higher sales of teas, coffees, and vitamin waters....Read More

Dow Futures Higher With Sixth Straight Win In Sight

February 16, 2018 / www.schaeffersresearch.com

Dow Jones Industrial Average (DJI) futures are trading modestly above fair value, and hinting at their sixth straight daily win, with the blue chips eyeing their best weekly percentage gain since November 2016 -- the first week of the "Trump rally." S&P 500 Index (SPX) futures are also pointing to a positive session, and another advance today would mark the index's longest winning streak since t...Read More

Apricus Biosciences Eyes New Record Lows After FDA Rejection

February 16, 2018 / www.schaeffersresearch.com

Shares of San Diego-based Apricus Biosciences Inc (NASDAQ:APRI) are getting hammered this morning, after the U.S. Food and Drug Administration (FDA) once again declined to approve its Vitaros erectile dysfunction cream. Regulators cited safety concerns regarding an ingredient in the drug known as DDAIP.HCI, and also pointed to "deficiencies related to Chemistry, Manufacturing and Control," per a c...Read More

Dow Logs Longest Win Streak of 2018

February 15, 2018 / www.schaeffersresearch.com

The Dow notched its fourth triple-digit gain in five sessions, and its fifth straight win -- the index's longest winning streak since December. Well-received earnings for Cisco Systems (CSCO) boosted the blue-chip barometer back above 25,000, and another hot day for tech stocks helped Wall Street shake off concerns about rising inflation. As such, the S&P and Nasdaq also extended their winning str...Read More

Apple Stock Boosted By Buffett

February 15, 2018 / www.schaeffersresearch.com

U.S. stocks have traded on both sides of the aisle today, but at last check, all three benchmarks were on track for their fifth straight win. FAANG stock Apple Inc. (NASDAQ:AAPL) is higher as well, while mobile marketing specialist Live Ventures Inc (NASDAQ:LIVE) and food stock TreeHouse Foods Inc. (NYSE:THS) are struggling. Here's a closer look at what shares of AAPL, LIVE, and THS are react...Read More

New Netflix Shorts Rocked By Ryan Murphy Deal

February 14, 2018 / www.schaeffersresearch.com

U.S. stocks have once again erased steep losses, and are now charging higher. Several individual names are making volatile moves, as well, including FAANG stock Netflix, Inc. (NASDAQ:NFLX), cloud communications platform Twilio Inc (NYSE:TWLO), and biotech stock DBV Technologies (NASDAQ:DBVT). Here's a closer look at what shares of NFLX, TWLO, and DBVT are reacting to today.NFLX Stock Has Been Ta...Read More

Skechers Stock Ripe for a Bullish Options Trade

February 15, 2018 / www.schaeffersresearch.com

Even amid a broader stock market correction, shares of Skechers USA Inc (NYSE:SKX) topped out at a two-year high of $42.73 on Feb. 9, after the footwear retailer's fourth-quarter earnings and revenue beats were met with a round of price-target hikes. While SKX stock consolidated gains this week, it has pulled back to a trendline that has had bullish implications in the past. With plenty of skeptic...Read More

Home Depot, Walmart Earnings Highlight Holiday-Shortened Week

February 15, 2018 / www.schaeffersresearch.com

In light of the holiday-shortened week, things will be relatively slow on the economic front, but Wednesday will feature the release of the Federal Open Market Committee's (FOMC) latest meeting minutes, which traders will parse for rate-hike clues. Earnings reports will continue to trickle in, with blue chips Walmart (WMT) and Home Depot (HD) set to report. Other notable names stepping up to the p...Read More

Buy Calls on This Commodities Stock

February 15, 2018 / www.schaeffersresearch.com

The shares of Teck Resources Ltd (NYSE:TECK) rallied on Wednesday, after the company reported earnings and said it expects strong demand for steelmaking coal this year. While TECK stock was last seen modestly lower today, the security recently sent up a pair of historical "buy" signals -- and now could be an opportune time to purchase call options on the commodity stock.The shares were last seen t...Read More

Options Bears Won Big On This Struggling Food Stock

February 15, 2018 / www.schaeffersresearch.com

Subscribers to Schaeffer's Option Advisor service recently doubled their money on Kraft Heinz Co (NASDAQ:KHC) April 82.50 puts. We're going to dissect the options trade below, looking back at what originally attracted us to KHC and how the stock performed after we recommended the puts. We recommended the put option in late December. KHC shares at that time had bounced off their late-October annua...Read More

This Retail Stock Could Climb Next Week

February 15, 2018 / www.schaeffersresearch.com

The shares of athletic apparel retailer Foot Locker, Inc. (NYSE:FL) on Wednesday climbed atop their 10-day and 30-day moving averages for the first time since Jan. 29, when the stock was flirting with six-month highs. FL stock has soared more than 50% in the past three months alone, and could outperform next week, if recent history is any indicator.Not only is Foot Locker stock typically among the...Read More

Dow Eyes Fifth Straight Win in Volatile Session

February 15, 2018 / www.schaeffersresearch.com

It's been a volatile day of trading on Wall Street following this morning's latest inflation update, with the Dow Jones Industrial Average (DJI) exploring a 311-point range on both sides of breakeven so far. At last check, the blue-chip index was in positive territory, and earlier traded north of 25,000 for the first time since Feb. 7, thanks to a positive earnings reaction for Cisco (CSCO) stock....Read More

Sell This Oil Stock Before the Weekend

February 15, 2018 / www.schaeffersresearch.com

It's already been a challenging start to 2018 for Texas-based oil-and-gas stock Newfield Exploration Co. (NYSE:NFX), with the shares down nearly 19% on a year-to-date basis. But if history is any guide, NFX is on the cusp of more heavy losses in the holiday-shortened week ahead.According to data from Schaeffer's Senior Quantitative Analyst Rocky White, NFX stands out as one of the worst-performing...Read More

Surging Square Stock Overdue For Upgrades

February 15, 2018 / www.schaeffersresearch.com

Square Inc (NYSE:SQ) stock is in focus today, after receiving a price-target hike to $43 from $37 at Deutsche Bank. The brokerage firm noted that the payment processing company has solid revenue momentum, and traders are willing to pay for high-profile growth and massive market opportunity. As a result, Square stock is up 3.8% to trade at $43.42 this morning.After touching a record high of $49.56...Read More

Why the Bearish Analyst 'Hot Takes' on CBOE Are Wrong

February 15, 2018 / www.schaeffersresearch.com

The accompanying daily chart of Cboe Global Markets (NASDAQ:CBOE) provides a prototype illustration of the most prominent risk of "momentum investing" (even more profoundly highlighted over this past week with the implosion of the inverse volatility exchange-traded funds). Share price action can be strong over lengthy time frames -- sometimes strong enough to result in gains of 100% or more in per...Read More

Cisco Stock Jumps as Turnaround Efforts Spark Revenue Growth

February 15, 2018 / www.schaeffersresearch.com

Shares of Cisco Systems, Inc. (NASDAQ:CSCO) are up 4.7%to trade at $44.17, hitting a 17-year high of $45.21 out of the gate. The tech firm reported adjusted fiscal second-quarter profit of 63 cents per share on $11.9 billion in revenue -- its first quarterly revenue increase in more than two years, thanks to its shift to software. The results beat expectations, and gave upbeat current-quarter guid...Read More

2 Pharma Stocks on Fire

February 15, 2018 / www.schaeffersresearch.com

A handful of pharmaceutical stocks are higher out of the gate today. Among them, Teva Pharmaceutical Industries Ltd (NYSE:TEVA) is making noise after a big Buffett boost, while the shares of AMAG Pharmaceuticals, Inc. (NASDAQ:AMAG) are soaring after a nod from the Food and Drug Administration (FDA). What's more, an unwinding of skepticism on Wall Street could add fuel to the fire for TEVA and AMAG...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok