Boeing Shares Hold Steady as CEO Muilenburg endures a Senate Grilling

Boeing (BA) CEO Dennis Muilenburg was on Capitol Hill on Tuesday, testifying before the Senate Commerce Committee about the company’s efforts to address issues with the flight control system that has been implicated in two fatal crashes of the – now grounded – 737 Max aircraft. Held on the anniversary of the first accident, many family members of the victims were in attendance, seated directly behind Muilenburg as he endured a grilling from Senators about the questionable design of the MCAS system as well as the company’s response to the crashes. Nearly all of the committee members began their questioning[…]

Read more

Tesla (TSLA) Rally Is More Than A Short Sqeeze

Tesla ( Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tesla, Inc. (TSLA): Free Stock Analysis Report Toyota Motor Corporation (TM): Free Stock Analysis Report General Motors Company (GM): Free Stock Analysis Report Ford Motor Company (F): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Powered by WPeMatico

Read more

3 Sales & Earnings Growth Winners

We here at Zacks are always talking about the Zacks Rank, which harnesses the power of earnings estimate revisions. But that doesn’t mean we don’t care about the top line! The Sales & Earnings Growth Winners screen looks for companies with strong sales and a Zacks Rank of #1 (Strong Buy) or #2 (Buy), as well as a Zacks Style Score of A or B for growth. But that’s not all, because this screen also seeks out effective management via ROE and good liquidity via the current ratio. That’s a lot of parameters. But the stocks that pass the test[…]

Read more

WeWork Restructuring is a Positive Sign for the Markets

The restructuring of office sharing prodigy WeWork is a painful lesson for early investors – especially Japan’s SoftBank – which had valued the company much higher in recent rounds of venture capital funding, but it’s actually a sign of health for the IPO markets as investors are expressing a very rational preference for more traditional valuations and corporate structure. After the disappointing performance of highly anticipated IPOs from tech “unicorns” like Uber (UBER) and Lyft (LYFT), the markets are apparently demanding profitability (or at least a defined path towards profitability) and a management structure that protects the interests of equity[…]

Read more

Lockup Expirations Looming: Stocks To Focus On

The IPO frenzy in the first two quarters of the year means that we are on the brink of a lockup expiration frenzy. This could either mean a buying opportunity or a signal to stay away. I will explain some possible scenarios in this discussion over how to play lockup expirations. For those of you who are unfamiliar with the terminology, I will explain what a lockup period/expiration is and why it is significant. A lockup period follows a firm’s IPO, where it restricts some shares from being traded until 90 – 180 days after a firm debuts its shares[…]

Read more

Fintech Stocks For Your Portfolio Of The Future

Our financial system is evolving at an accelerating rate, with technology being at the foreground of its progression. Cash is slowly becoming obsolete, as every financial need is now able to be managed digitally. Finance is becoming so computerized that a category of digital currencies called cryptocurrency has run ramped with the markets total value hitting the same market cap as Google’s (GOOGL) at the peak of its run (January 2018). Fintech leaders like PayPal (PYPL) and Square (SQ) are leading the charge in this digital era, with payment transfer being the core offering. Tech behemoths like Facebook (FB) and[…]

Read more

JNJ, JP Morgan and UnitedHealth all Beat, Goldman Sachs Misses

The broad US equity markets rallied to within about 1% of all-time record highs last seen in July on Tuesday as earnings season got rolling with solid beats from JP Morgan Chase (JPM), Johnson and Johnson (JNJ) and UnitedHealth Group (UNH). A strong consumer lending business helped JPM earn $2.68/share, topping the Zacks Consensus Estimate of $2.44 by 24 cents. Mortgages, car loans and credit cards all contributed to the solid results, though CEO Jamie Dimon did surprise investors during the conference call by predicting a looming recession. Dimon pointed out that trade-related geopolitical issues were already reducing the confidence[…]

Read more

3 Stocks With Top Style Scores

Sometimes you just get too much of a good thing! Take the Zacks Rank, for example. You know it’s one of the most successful stock rating systems out there, but at any given time there are hundreds of stocks with a Zacks Rank #1 (Strong Buy) or Zacks Rank #2 (Buy). You can’t buy them all! That’s where the Zacks Style Scores come in. These indicators help to fine tune that long list of stocks to increase your odds of outperformance, and they’re split into Value, Growth and Momentum scores depending on what kind of investor you are. But if[…]

Read more

Gold Rush Poised To Continue

Gold has been in the limelight for the past six months. This flashy commodity has rallied over 18% since the beginning of May, the biggest 6-month gold rush in more than 3 years. Gold prices have leveled off since August, trading around $1,500 an ounce for the past 2 months. Right now is the perfect opportunity to get a piece of this portfolio hedging commodity. In this day and age, there is no need to go out and buy physical gold from your local jewelry store. You can simply purchase an ETF that tracks the underlying metal. The largest and[…]

Read more

Market Break Creates Tech Stock Buying Opportunity

The recent dip in the stock market has created a buying opportunity for your favorite tech stocks that you thought you missed out on. The equity market breakdown was caused by anxious investors concerned about an economic slowdown. The Eurozone economy is slowing down, and US investors are concerned that we will follow. Softer than expected service-sector figures combined with the implication of a manufacturing slowdown sent the European markets into a sell-off frenzy since Tuesday, the first trading day of the 4th quarter. The European market saw a roughly 5% breakdown this week, while the US’s S&P 500 has[…]

Read more
error

Enjoy this blog? Please spread the word :)