Month: April 2020

Jim Cramer on CNBC’s Halftime Report. Scott Mlyn | CNBC CNBC’s Jim Cramer said Thursday he believes that scientists testing treatments for the new coronavirus will succeed in getting patients “out of the hospital faster” and reducing “death sentence” concerns. “I think the scientists are going to solve it,” predicted Cramer, who has been advising
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A recent survey bodes well for airlines, including United Airlines (NASDAQ:UAL). Other good signs for the sector’s names, particularly UAL stock, are the continuously rising momentum behind opening the economy, exceptionally low oil prices, and the proliferation of antibody tests. Source: travelview / Shutterstock.com New indications that the novel coronavirus may not be as deadly
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Some so-called novel coronavirus stocks have printed modest, token gains. Not health services app Teladoc Health (NYSE:TDOC). Despite taking a 5% hit on the Tuesday, April 21 session, TDOC stock has more than doubled from this year’s opening price. Naturally, the nature of Covid-19’s infectiousness has greatly expanded the company’s profile. Source: Piotr Swat /
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Chipotle Mexican Grill is a chain of restaurants in the United States, United Kingdom, Canada, Germany, and France, specializing in Mission burritos and tacos. Roberto Machado Noa | LightRocket | Getty Images Check out the companies making headlines in midday trading.  Chipotle — Shares of the Mexican restaurant chain rose nearly 10% following its strong
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Netflix (NASDAQ:NFLX) stock is coming off record highs and just issued quarterly earnings that show skyrocketing subscriber growth. You’d think that’s a recipe for the bullish rally to continue, right? Source: vesperstock / Shutterstock.com Not so fast. There are actually a lot of contrarians out there who pushed Netflix stock down following its April 21
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If you want to find a way to profit off how the novel coronavirus is changing our future society, one place you should be looking to is streaming media stocks. That’s where Roku (NASDAQ:ROKU) stock comes into play. Source: jejim / Shutterstock.com As most of us are living under stay-at-home orders and social distancing during
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There’s a narrative surrounding Rite Aid (NYSE:RAD) stock that I don’t completely agree with. According to that narrative, RAD stock is a ‘cheap’ bet on a potential turnaround under new management. Source: Jonathan Weiss / Shutterstock.com That’s true as far as it goes. Heyward Donigan took over as chief executive officer in August. Rite Aid
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Take a look at some of the biggest movers in the premarket: American Express (AXP) – American Express reported quarterly profit of $1.98 per share, an adjustment that excludes an increase in credit reserves, with GAAP earnings at 41 cents per share. The consensus estimate was $1.43 per share. The financial services company increased its
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