The Dow Jones Industrial Average (DJIA) is slightly higher at midday, turning positive after spending most of the morning in the red. McDonald's stock is leading the blue chips, thanks to positive analyst attention, overshadowing a pullback in tech stocks. Meanwhile, markets are digesting President Trump's tax plan and a mixed bag of economic data. The final gross domestic product (GDP) reading wa...Read More
The S&P 500 Index (SPX) is pacing toward a rare September win -- and heading into the historically positive month of October. And while the airline sector features some of the best SPX stocks to own next month, oil-and-gas name Chesapeake Energy Corporation (NYSE:CHK) has been one of the worst stocks on the S&P over the past 10 years. With the energy stock trading near a potential resistance and s...Read More
Analysts are weighing in on home goods retailer Pier 1 Imports Inc (NYSE:PIR), medical device maker DexCom, Inc. (NASDAQ:DXCM), and travel site Trivago NV (NASDAQ:TRVG). Here's a quick roundup of today's bearish brokerage notes on shares of PIR, DXCM, and TRVG.Pier 1 Imports Plunges After Cutting GuidancePier 1 Imports cut its full-year earnings and same-store sales estimates, overshadowing a...Read More
Analysts are weighing in on pharmaceutical products specialist Abbott Laboratories (NYSE:ABT), social media powerhouse Facebook Inc (NASDAQ:FB), and tobacco giant Philip Morris International Inc. (NYSE:PM). Here's a quick roundup of today's bullish brokerage notes on shares of ABT, FB, and PM. FDA Approval Sparks Bullish Notes for ABTBarclays raised its price target on ABT to $60 from $57, alongs...Read More
Stocks futures are pointing to a lower open today on Wall Street. Among specific stocks in focus today are specialty drug company Zynerba Pharmaceuticals Inc (NASDAQ:ZYNE), tech name BlackBerry Ltd (NASDAQ:BBRY), and organic foods manufacturer Hain Celestial Group Inc (NASDAQ:HAIN). Here's a closer look at what's moving shares of ZYNE, BBRY, and HAIN. Drug Results Have Zynerba SoaringZynerba...Read More
Dow Jones Industrial Average (DJIA) futures are pointed lower this morning, as traders digest President Trump's tax plan, which critics say would substantially increase the U.S. deficit. Investors are also responding to the final gross domestic product (GDP) reading, which was revised up to 3.1%for thesecond quarter -- the fastest growth in two years. Weekly jobless claims also surged more than ex...Read More
No scientific fact is ever settled beyond dispute. Challenging the status quo is the best way to ensure scientific findings are as accurate and truthful as possible.It's great that in the scientific community, you are always free to disagree. In fact, it is encouraged! Just kidding!When it comes to climate change, you better tout the official story or keep your mouth shut.It started when the globa...Read More
No scientific fact is ever settled beyond dispute. Challenging the status quo is the best way to ensure scientific findings are as accurate and truthful as possible.It's great that in the scientific community, you are always free to disagree. In fact, it is encouraged! Just kidding!When it comes to climate change, you better tout the official story or keep your mouth shut.It started when the globa...Read More
Palisade Research September 28, 2017 Category: Research Current Price: $2.26Shares Outstanding: 12.4 millionMarket Capitalization: $28.0 millionCash: $4 millionRain Man is not a self-given nickname. Dave Mathewson is synonymous with gold exploration in Nevada, and the nickname was given due to his multi-million-ounce discoveries in and around the Rain District.(Dave Mathewson, Source: Corporate Pr...Read More
Palisade Research September 28, 2017 Category: Research Current Price: $2.26Shares Outstanding: 12.4 millionMarket Capitalization: $28.0 millionCash: $4 millionRain Man is not a self-given nickname. Dave Mathewson is synonymous with gold exploration in Nevada, and the nickname was given due to his multi-million-ounce discoveries in and around the Rain District.(Dave Mathewson, Source: Corporate Pr...Read More
It was a roller-coaster session for the Dow Jones Industrial Average (DJIA), with the index ultimately surging higher in afternoon trade to snap a four-day losing streak. Stocks responded to the release of the Trump administration's tax plan, which calls for a 20% corporate tax rate. The financial sector also continued to rally, helping the Dow overcome Nike's post-earnings pullback and guiding t...Read More
With September winding down and the fourth quarter quickly approaching, some stocks appear poised to take a leap forward. The biotech sector has had an excellent year -- and the fun may not be over yet, considering the SPDR S&P Biotech ETF (XBI) has been one of the best-performing exchange-traded funds (ETFs) in the fourth quarter. Per data from Schaeffer's Senior Quantitative Analyst Rocky White,...Read More
Casino stocks have had a strong year so far, with two-thirds of the stocks we track under our "gaming" umbrella trading north of their 80-day moving average. What's more, the VanEck Vectors Gaming ETF (BJK) is up 2.5% year-to-date to trade at $42.12 -- not far from its Sept. 20 two-year high of $42.51. The shares could be poised to hit even higher highs, should history repeat itself and/or skepti...Read More
Financial and bank stocks continue to surge higher thanks to hawkish comments from Fed Chair Janet Yellen yesterday. These gains are illustrated by the ascent of exchange-traded funds (ETF) Financial Select Sector SPDR Fund (XLF) and SPDR S&P Bank ETF (KBE). Both are up over 1% today, with XLF tapping a nine-year high of $25.71 earlier. Two stocks enjoying an upside move today are Morgan Stanl...Read More
U.S. stocks are trading cautiously higher this afternoon, as traders digest the details of President Trump's tax plan. Three stocks also trading higher today are social media giant Facebook Inc (NASDAQ:FB), digital media tech stock Remark Holdings, Inc. (NASDAQ:MARK), and internet marketing firm HubSpot Inc (NYSE:HUBS). Here's a quick look at what is moving shares of FB, MARK, and HUBS.Facebo...Read More
The Dow Jones Industrial Average (DJIA) is cautiously higher at midday, after trading on both sides of the aisle earlier,attempting to snap a four-day losing streak in spite of ugly Nike earnings. The S&P 500 Index (SPX) and Nasdaq Composite (COMP) are also modestly higher, with financial stocks emboldened by Fed Chair Janet Yellen's hawkish comments yesterday. Traders are digesting the details of...Read More
Shares of Twilio Inc (NYSE:TWLO) plunged 6.6% on Tuesday, after Amazon.com, Inc. (NASDAQ:AMZN) unveiled details of its recently launched two-way messaging service from Amazon Web Services. While this was initially seen as new competition for the cloud company, a post-close tweet from Twilio CEO Jeff Lawson pointed to a partnership with Amazon. In reaction, TWLO stock is up 7.8% today to trade at...Read More
Analysts are weighing in on printing stock Kornit Digital Ltd. (NASDAQ:KRNT), solar energy stock SunPower Corporation (NASDAQ:SPWR), and burrito chain Chipotle Mexican Grill, Inc. (NYSE:CMG). Here's a quick roundup of today's bearish brokerage notes on shares of KRNT, SPWR, and CMG.Kornit Digital Cuts Guidance, Prompting A Flurry Of Bearish Analyst AttentionKornit Digital stock is down 25% to...Read More
Analysts are weighing in on tech company Micron Technology, Inc. (NASDAQ:MU), luxury retailer Michael Kors Holdings Ltd (NYSE:KORS), and online streaming entertainment concern Netflix, Inc. (NASDAQ:NFLX). Here's a quick roundup of today's bullish brokerage notes on shares of MU, KORS, and NFLX. Micron Showered With Price-Target Hikes Post-Earnings Micron Technology has received no fewer than nine...Read More
Dow futures are indicating a higher open ahead of an afternoon speech on tax reform from President Trump. Among specific stocks in focus today are athletic apparel juggernaut Nike Inc (NYSE:NKE), pharmaceutical concern Lannett Company, Inc. (NYSE:LCI), and F-150 manufacturer Ford Motor Company (NYSE:F). Here's a closer look at what's moving shares of NKE, LCI, and F. Nike Stock Pointed Lower...Read More