The airline industry revenue has collapsed due to the novel coronavirus pandemic. While I am positive on a few names in the industry, American Airlines (NASDAQ:AAL) is one company I would avoid. AAL stock has plummeted by 72% from 52-week highs and currently trades at $9.65. Even after this big downside, the stock remains unattractive.
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Certainty is always more abundant than accuracy on Wall Street. Well argued, data laden hypotheses support opinions that drive buyers and sellers. A high-profile money manager and fellow talking head, Mr. I. M. Sureofmyself, was describing his view of how the economic and health care crisis would develop and unfold over the next six to
The New York Stock Exchange floor is reopening — sort of. The decision to partially reopen the floor on May 26, which has been closed since March 23, involved a complicated stew of business, legal and medical issues that many larger businesses throughout the United States will be facing —particularly those where people are required
A view of the charging Bull with a woman in New York City USA during coronavirus pandemic on April 25, 2020. John Nacion | NurPhoto | Getty Images Coming off a volatile week, analysts expect stocks to continue navigating choppy trading as investors try to build a view of what the economy will look like
It’s Thursday again, which means another round of increasingly bleak initial jobless claims, but that wasn’t enough to send the broader equity benchmarks to large losses on the day. Source: Provided by Finviz The S&P 500 rose 1.15%. The Dow Jones Industrial Average added 1.60% The Nasdaq Composite gained 0.91% A day after being the Dow’s
What Is Quora? Quora is a billion-dollar social media startup, funded by $226 million in venture capital. The rapidly growing crowdsourced Q&A platform is reliant on a strong community that provides questions, responses, and up and down votes to create, edit, and organize the growing platform. Active users include celebrities, CEOs, and other high profile figures. Initially, Quora had
We’re in unprecedented times thanks to the novel coronavirus. That goes double for investors, as they try to figure out what stocks and assets are worth owning at this stage of the game. With gold always a fixture, are gold stocks worth owning at this point? Source: Shutterstock That answer really depends on the situation.
Small-cap healthcare company Co-Diagnostics (NASDAQ:CODX) had a fantastic run in recent weeks. But it appears that the good times have come to a decisive end. CODX stock dropped more than 5% Thursday during the regular trading session, and it has fallen another 7% in early morning trading. Source: Shutterstock That’s because, on Thursday, Co-Diagnostics suffered
David Tepper David Orrell | CNBC Billionaire investor David Tepper said the stock market is one of the most overpriced he’s ever seen, only behind 1999. Before Wednesday’s sell-off, it was “maybe the second-most overvalued stock market I’ve even seen,” Tepper said Wednesday on CNBC’s “Halftime Report.” “I would say ’99 was more overvalued.” “The market is
I wanted to find five foreign, profitable companies that investors would find worthwhile. They would have to be cheap stocks with low price-earnings ratios and high dividend yields. The idea is that by diversifying a portion of your portfolio in non-U.S. stocks, you will enhance your overall returns. Often, foreign equities provide a return that
Take a look at some of the biggest movers in the premarket: Qualcomm (QCOM), Cisco (CSCO), Apple (AAPL), Boeing (BA) – Reports out of China suggest that retaliation against these and other U.S. companies could come if the U.S. goes ahead with plans announced this morning to block chip shipments to China’s Huawei. JD.com (JD)
Equities opened for trading under significant pressure on Thursday, but bulls bid the market back up. Here’s a look at a few top stock trades to watch for Friday. Top Stock Trades for Tomorrow No. 1: JPMorgan (JPM) The banks have been getting killed, but they made a nice bounce on Thursday. JPMorgan (NYSE:JPM) was
[Editor’s Note: “5 Streaming Stocks to Buy Right Now for Big Long-Term Gains” was originally published in April 2020. It has since been updated to include the most relevant information.] There’s no hiding the truth: streaming stocks are on fire now right now. And with good reason. Consumers across the globe are cooped up in
Federal Reserve Chairman Jerome Powell made prepared remarks on May 13 that suggested the economy is not about to bail out General Electric (NYSE:GE). If you own GE stock, I’d be very worried your investment is dead money until sometime in 2021, maybe longer. Source: Sundry Photography / Shutterstock.com Among the things Powell said in
Offices of Cutera Inc. in Brisbane, Calif. Google Earth The largest public companies that tapped the government’s emergency relief fund for small businesses nearly all had ready access to other forms of capital, according to a CNBC analysis of filings. Even amid the upheaval caused by the coronavirus pandemic, these companies raised millions of dollars
An employee tends to marijuana plants at the Aurora Cannabis Inc. facility in Edmonton, Alberta, Canada, on Tuesday, March 6, 2018. Jason Franson | Bloomberg | Getty Images Check out the companies making headlines after the bell. Applied Materials — Shares of the manufacturing company climbed 4% in extended trading after Applied Materials reported second-quarter
After a sudden late-session selloff on Tuesday, more selling pressure hit stocks on Wednesday. With that in mind, let’s look at a few top stock trades — starting with the overall market. Top Stock Trades for Tomorrow No 1: S&P 500 ETF (SPY) The SPDR S&P 500 ETF (NYSEARCA:SPY) has quickly put investors back on
Return on Sales vs. Operating Margin: An Overview Return on sales (ROS) and the operating profit margin are often used to describe the same financial ratio. Although the two are often considered synonymous, there is a difference. The difference between ROS and operating margin lies in the numerators (top part of the equation)—the ROS uses
Are you looking for stocks to own once the novel coronavirus has moved on? American business might be down but it’s not out. Warren Buffett recently reiterated his belief in America stating that he will continue to bet on the country as he has for all 89 years he’s been on this planet. “We do
While the markets were in bull mode, United Airlines (NASDAQ:UAL) stock still did not do very well. Note that the shares are close to their 52-week low, which was set in mid-March. For the year so far, the stock has tumbled a grueling 73%. Source: travelview / Shutterstock.com But could UAL stock provide investors with