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In this article WRB PPG KNX CSX Follow your favorite stocksCREATE FREE ACCOUNT A CSX freight train is seen in Orlando. Paul Hennessy | Lightrocket | Getty Images Check out the companies making headlines in extended trading. CSX — The transportation company’s shares were up 2.6% after the company’s first-quarter earnings and revenue topped analysts’ expectations.
The stock market is healing and trending in the right direction after a miserable 2022. But the gains this year have not been even. Some sectors, such as pharmaceuticals and retail, continue to struggle. Meanwhile, tech names are among the hottest stocks, and cryptocurrencies are red-hot as well. Knowing where to put capital to work
While SoFi (NASDAQ:SOFI) is growing rapidly and should benefit significantly from the likely end of the student-loan payment moratorium in August, the company has important weaknesses and is facing threats that could potentially be very debilitating. Its weaknesses are its lack of profitability and the high interest rate that it’s paying on its deposits. Among
Bed, Bath & Beyond (NASDAQ:BBBY) stock spiked 40% on Wednesday morning after Bloomberg Law reported the retailer was laying the groundwork for a bankruptcy filing. The company could enter receivership within several weeks, if not by this weekend. At first glance, the price action seems almost incomprehensible. A bankruptcy should ordinarily wipe out shareholders, and
Clorox Co. said Thursday it would lay off about 200 employees as part of an ongoing restructuring to reduce its costs. In a blog post, Chief Executive Linda Rendle said the consumer-products maker’s new streamlined operating model, introduced last September, has already proven to be “the right strategy.” “While I’m energized about these changes and
In this article KEY TSLA IBM LVS T Follow your favorite stocksCREATE FREE ACCOUNT A sign marks the location of a Tesla dealership on April 19, 2023 in Schaumburg, Illinois. Scott Olson | Getty Images Check out the companies making the biggest moves in premarket trading: Tesla — The electric vehicle maker tanked about 7%
Investors may want to keep an eye on the biotech boom and these top biotech stocks to watch. For one, the sector is still one of the safest, most recession-proof investments around. Two, an aging population is demanding better treatment in an effort to live longer lives. Three, there’s the incredible new innovation in gene therapies, immuno-oncology,
Investing would be a lot easier if you didn’t have to worry about underperforming stocks to get rid of. Wouldn’t it be great if stocks did what you thought they would do when you bought them? But that’s part of the game you play when you invest in the stock market. We can use tools, metrics
For a decade, Andrew Beal waited for market conditions to change. With interest rates at rock-bottom levels, year after year, and other small and regional banks taking big risks to generate a little bit of income, Beal mostly did nothing. He sat on his hands while the assets of the bank that he ran decreased
Tesla is on deck, along with 4 other must-watch companies. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
In this article LVS IBM TSLA ZION LRCX WYNN SLG Follow your favorite stocksCREATE FREE ACCOUNT Electric vehicles (EV) line up outside a Tesla dealership in Melbourne on April 19, 2023. William West | AFP | Getty Images Check out the companies making headlines after the bell. Tesla — Shares slid 3.6% after the electric
Undervalued stocks offer the chance to pick up shares of companies that are trading at too low a price based on some measure of intrinsic value. The appeal in identifying such equities is obvious: Find good companies at low prices before others do and watch your investment increase in value as demand rises. The premise
After spiking following GameStop’s (NYSE:GME) latest quarterly earnings release on March 21, GME stock has held steady in the low-$20s per share. Managing not to cough back its most recent gains just yet, some may believe that shares in the video game retailer have the potential to rise further from here. But while another “meme
There’s good news if you’re betting your investment capital on video game retailer GameStop (NYSE:GME). The company’s financials are improving, and insider buying suggests strong confidence in GME stock. Be prepared for volatility along the way, but a share position in GameStop is likely to yield excellent returns by 2025. The meme-stock traders might target
The latest economic data seems to be breaking the Federal Reserve’s way, with cooling of both inflation and the labor market, according to New York Fed President John Williams on Wednesday. In an evening speech to a group of bond-market experts known as the Money Marketeers of New York University, Williams said the most recent
Check out the companies making headlines before the bell. United Airlines Boeing wide body 777-200 aircraft as seen during take off and flying phase, passing in front of the air traffic control tower while the plane is departing from Amsterdam Schiphol Airport AMS towards Houston IAH in the United States of America as flight UA21.
If you’re looking for new stocks to watch in 2023 for potential breakout opportunities, the most logical options would be new initial public offerings (IPOs). According to Renaissance Capital, there have been 36 IPOs year-to-date. They have raised $2.4 billion in proceeds through April 15. StockAnalysis.com says there have been 53, more than 39% less
These are the worst EV stocks to own as the market reshuffles. The competition in the electric vehicle battleground has been heating up nicely, leaving many contenders in the dust. As established automotive giants such as Ford and others charge ahead with their respective EV lineups, the market seems to be drawing a line to
Tesla (NASDAQ:TSLA) has led the electric vehicle pack for over half a decade. This justifies TSLA stock’s huge valuation, over seven times revenue and 51 times earnings as trading opens on April 17. Earnings for the first quarter are due April 18. But even assuming it earns 86 cents/share, that’s down 20% from last year on deliveries