Take a look at some of the biggest movers in the premarket: United Airlines (UAL), American Airlines (AAL), Delta Air Lines (DAL), Southwest Airlines (LUV), JetBlue (JBLU) – Airline stocks are extending this week’s rally this morning, as demand continues to rebound faster than expected despite being substantially below normal levels. Gap (GPS) – Gap
Month: June 2020
How would you like the yield of an oil stock without the risks of buying one? That’s what you can get with Abbvie (NASDAQ:ABBV). The beta on ABBV stock is 0.78; The similarly yielding but more-risky Chevron (NYSE:CVX) sports a beta of 1.33. Source: Piotr Swat / Shutterstock.com Abbvie is best known for the immunosuppressant
Already embattled industrial firm General Electric (NYSE:GE) really didn’t need the novel coronavirus to add any more excitement to its journey. After tumbling into ignominy, the company appeared to be turning a corner. Then, the Covid-19 pandemic scuttered that momentum, sending GE stock plummeting back down to earth in March of this year. Source: JPstock/Shutterstock.com
After several strong rallies, the stock market cooled a bit on Thursday. That didn’t stop some stocks from being big movers, though. With all of that in mind, let’s look at a few top stock trades for Friday. Top Stock Trades for Tomorrow No. 1: American Airlines (AAL) American Airlines (NASDAQ:AAL) just went bananas on
Many will argue there’s a very large disconnect between the stock market and the economy. And in a very different way that’s certainly true with Energy Transfer LP (NYSE:ET). But rather than using the opportunity to take profits, is now the time to bet on a return to normalcy for ET stock? Let’s look at
CNBC’s Jim Cramer on Thursday warned young investors about the potential pitfalls of daytrading in speculative stocks, especially the really cheap ones. “It’s a little disheartening to see all the $1 to $3 stocks that people are gunning,” Cramer said on “Squawk on the Street.” ”If you want to try and make money and it’s legal,
Interior Design area of the Restoration Hardware store in the Meatpacking District of New York. Source: RH Check out the companies making headlines after the bell. Broadcom — Shares of the semiconductor company climbed 1% in extended trading after Broadcom released its second-quarter financial results. The company posted earnings of $5.14 per share excluding some
Declaring and paying dividends has nothing directly to do with current earnings per share (EPS). Companies can pay a dividend per share that exceeds its EPS. A company whose EPS is lower than its dividend in a current year may be coming off of a string of more profitable years, with higher EPS, from which
Shares in Target (NYSE:TGT) has taken a hit as investors saw the downside of its urban strategy. Target stock is down 3% so far this week. Source: jejim / Shutterstock.com Target is based in Minneapolis and has been the “home team” retailer there since the days of its predecessor company, the Dayton Hudson department store
It has been a disastrous year for retail companies. The shift to e-commerce was already accelerating toward the end of 2019, with brick and mortar stores struggling to grow sales despite a strong economy. Then the novel coronavirus hit, shuttering physical retail and forcing consumers onto the internet. That’s particularly bad news for J.C. Penney (OTCMKTS:JCPNQ)
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In lesson three, we explored the importance of a Balance Sheet. We learned that current assets and liabilities are income streams
This is how to trade options, more specifically, the vertical spread. The vertical spreads are fantastic option spreads to trade when you’re looking to trade out larger dollar stocks because it allows you to use less capital for trading those bigger stock. First I want to show you the diagram behind what it looks like
Kevin Matras shows how you can profit from this easy to implement strategy, even in sideways markets.
Just a few weeks ago, social media stocks were experiencing a moment in the sun as the novel coronavirus bolstered the case for online connectivity. Facebook’s (NASDAQ:FB) FB stock was one such beneficiary, rising to all-time highs in mid-May. Source: rvlsoft / Shutterstock.com But a lot can change in a week, and change it did.
The bond market has caught a tiny bit of the stock market’s optimism, and it’s selling off on the idea that the economy may have hit rock bottom in April. Bond yields, which move opposite price, have been edging up, and on Wednesday they made a significant move higher off their relatively low base. The
Despite a bevy of headwinds, bulls remain in control as the S&P 500 was up about 1.4% on Wednesday. With that in mind, let’s look at a few top stock trades for Thursday. Top Stock Trades for Tomorrow No. 1: Slack (WORK) As the work-from-home theme gains steam — and largely thanks to the blowout
Energy Transfer (NYSE:ET), the midstream natural gas pipeline and gas gathering company, has an attractive 14.9% distribution yield at today’s price. ET stock, at just over $8 per share, should be trading much higher than it is. Source: Shutterstock Over time, as the price of natural gas starts to improve with the economy, the stock
[Editor’s note: “After 70% Rebound, It’s Time to Ditch Chevron Stock” was originally published April 6. It has since been updated to reflect the most relevant information available.] Source: Jeff Whyte / Shutterstock.com What’s next for Chevron (NYSE:CVX)? Like its major oil company peers, Chevron stock has moved higher in the past two months, as
It has been more than a month since BP (NYSE:BP) reported terrible first-quarter results that included a 67% decline in adjusted net income along with a 10% drop in sales. Thankfully, or not, depending on how you look at the situation, the company maintained its quarterly dividend for BP stock at 63 cents, good for
Zoominfo Source: zoominfo ZoomInfo is aiming to price its initial public offering $1 ahead of its already-buoyed price range, two sources familiar with the matter told CNBC. The company had already raised their IPO price range Tuesday morning, but now could target as high as $21 a share and rake in nearly $1 billion. ZoomInfo,