It might be a little hard to understand how Beyond Meat could beat earnings and sales estimates by a lot and still see its stock price tank by 10%. It makes sense though. It often will take quite a while before a newly issued stock starts to show a profit, but Beyond Meat has been […]
When you have lost money 11 years out of 11, with a 12th being a virtual certainty, taking a quarter off from losing once in a while can really excite some people. You know that a company is popular when you can spend your first 12 years losing money each and every year and a […]
Most companies are coming in ahead of estimates for third quarter earnings, which is due in part to particularly understated predictions. Amazon’s wasn’t set low enough. When your company is worth 888 billion, a single percentage point move in your stock adds up to 8.8 billion. Amazon dropped 8.75 of these when it’s third quarter […]
In spite of all the problems that Boeing has had lately with its 737 MAX aircraft, Wall St. Analysts have stood by them. The leaked emails now having them turning on Boeing. Boeing started 2019 by simply busting out of the gate. From the close of trading on December 24 to the close on March […]
Energy stock ConocoPhillips is being touted as a buy right now by JPMorgan because it has sold off so much this year. Whether the selling has stopped is what we need to decide. You hear stocks being described as “cheap” quite often, although any time a stock loses value it can be called that. It’s […]
In terms of the leading Democratic presidential candidates, Joe Biden clearly appears to be the least damaging to the stock market, but this does not mean there won’t be any. Compared to the impact of wealth taxes, raising the capital gains tax on those whose income is $1 million or more would certainly be low-impact […]
After waiting patiently all trading day for news from the trade dispute front, holding its breath for something substantial, we at least got the minimum, but hopes were higher. With the way that the trade dispute between China and the United States has been going, where the situation has just been getting worse with each […]
After several years of struggle, Target stock is up 69% year-to-date and still rising. Losing their head of merchandising may concern some, but without good reason. The world of retail has become a much more challenging one to succeed in lately, and in particular, since Walmart and Amazon have come to dominate it. The success […]
Even with a new CEO in place with an impressive track record in retail, and investors providing a 22% gain in one day in a vote of confidence, this is far from a solid stock yet. The retail sector has fallen upon some pretty hard times overall, taking several long-standing successful companies and washing them […]
Stocks rallied Thursday due to increased hopes that the Federal Reserve may lower rates later this month. Friday brought us a solid jobs report, which pushed them up further. Many economics hold the belief that unemployment below a certain level, 5.5% generally, it causes too much inflation that may need to be managed. They believe […]