CNBC’s Jim Cramer on Wednesday warned investors not to buy or sell stocks based on what President Donald Trump tweets. The “Mad Money” host cites Tuesday afternoon’s tweets from Trump ending broad stimulus talks, which sank stocks, and then Tuesday night’s tweets supporting a piecemeal approach, which boosted stocks. “This is what happens if you invest by
Take a look at some of the biggest movers in the premarket: Levi Strauss (LEVI) – Levi Strauss reported quarterly earnings of 8 cents per share, compared to expectations of a 22 cents per share loss. The apparel maker’s revenue also beat Wall Street forecasts, helped by a 52% jump in online sales. United Airlines
Tuesday was shaping up to be a solid day in the stock market until President Donald Trump tweeted, saying they should shelve stimulus bill negotiations. That said, let’s look at a few top stock trades from the day. Top Stock Trades for Tomorrow No. 1: Alteryx (AYX) Alteryx (NYSE:AYX) shares were one of the few
2020 has not been a good year to have oil and gas stocks in your portfolio. The one-two punch of the novel coronavirus pandemic and a spring oil price war has littered the industry with bankruptcies. Marathon Oil (NYSE:MRO) isn’t at that stage yet — and its situation is slightly less dire than it was
Plug Power (NASDAQ:PLUG) stock has been absolutely on fire in 2020, with shares rising more than 320% year-to-date as Wall Street has grown more bullish than ever on the hydrogen market and, more specifically, Plug Power’s ability to be a leader in this emerging clean energy category. Source: Shutterstock Wall Street’s bullishness hasn’t wavered in
A man walks near the New York Stock Exchange (NYSE) on August 31, 2020 at Wall Street in New York City. Angela Weiss | AFP | Getty Images Whoever wins the presidential election is likely to seek an infrastructure program next year, but if Democrats win the presidency and Congress, the program could be bigger
It’s easy to understand why people may confuse the terms APR and APY. Both are used to calculate interest for investment and credit products. And they significantly affect how much you earn or must pay when they’re applied to your account balances. But while APR and APY may sound the same, they are quite different and
Many “story stocks” have won big in the months following March’s novel coronavirus crash. But few have performed as well as hydrogen stocks. With many major names in the space generating triple-digit gains, those who dived into this megatrend have realized big profits, or are sitting on massive gains. Yet, while this sector has been
Alibaba (NYSE:BABA) stock is still very undervalued despite having risen almost 36% year-to-date and over 73% in the past year. BABA stock will rise over the next year because it is powered by the company’s consistently growing free cash flow (FCF). Source: Shutterstock As a result, BABA stock is more than twice its present price
Joe Biden and Donald Trump speak during the first U.S. presidential debate on Sept. 29, 2020. Kevin Dietsch/UPI | Bloomberg | Getty Images Stock market analysts in Asia clearly do not agree on who will win the U.S. presidential election. But they’re pretty unified on how they plan to play it. CNBC asked 30 strategists
Take a look at some of the biggest movers in the premarket: Southwest Airlines (LUV) – Southwest is asking its employee unions to agree to pay cuts, in return for not furloughing or laying off employees through 2021. Non-union salaries will be cut by 10% until the beginning of 2022. Cisco Systems (CSCO) – Cisco
Stocks got off to a hot start on Monday and didn’t slow down much throughout the session. With that in mind, let’s look at a few top stock trades for the rest of the week. Top Stock Trades for Tomorrow No. 1: Square (SQ) Look at how well Square (NYSE:SQ) stock traded from April through
On its face, Intel (NASDAQ:INTC) stock looks like a steal. After all, Intel is one of tech’s greatest and oldest companies. Yet Intel stock trades at some of the lowest multiples in the market. Source: Sundry Photography / Shutterstock.com Indeed, Intel is valued at just 10.8x the consensus earnings-per-share estimate for 2021. Many other chip
Home décor e-tailer Wayfair (NYSE:W) stock is up more than 240% so far in 2020. But with heavy competition from more established e-commerce names, should investors be taking their profits now from Wayfair stock? Source: Jonathan Weiss / Shutterstock.com Not by a long shot. Wayfair is an up-and-coming name in the e-commerce space. And with
People walk by the New York Stock Exchange (NYSE) in lower Manhattan on October 02, 2020 in New York City. Spencer Platt | Getty Images The markets are coiling and compressing as they process jarring events and political suspense, with potential energy building up for eventual release. The stock market has been vibrating within a
A child wearing a face mask sits on the Charging Bull statue, also known as the Wall Street Bull, following the outbreak of the coronavirus disease (COVID-19) in New York, August 19, 2020. Carlo Allegri | Reuters Here are the companies making headlines in after-hours trading. Alteryx — Shares of the analytics company soared more
Have you ever considered owning your own small aircraft? Sure, we all have at some point. A plane represents a sense of independence, giving you the freedom to go wherever you want, whenever you want. And you’re not limited to just the road. But let’s face it. Having your own plane, say a Cessna, is
Tracking a Top Technology Stock and Solid Performer in the Consumer Products Space. Microsoft: https://www.zacks.com/stock/quote/MSFT?cid=CS-YOUTUBE-FT-VID Chewy: https://www.zacks.com/stock/quote/CHWY?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
Exxon Mobil (NYSE:XOM) shares are down 52% in 2020. With Exxon Mobil stock now trading at just 21 times forward earnings with a 10.5% dividend, a new debate is raging. Is Exxon one of the highest-yielding blue chip stocks on the market? Or is its 10% yield the bait for the market’s biggest value trap?
Even as interest among speculators has cooled, many are still betting on Hertz Global (NYSE:HTZ). In typical times, HTZ stock would be trading for pennies following its Chapter 11 bankruptcy. But if there’s one phrase to describe 2020, it isn’t “typical times.” With the novel coronavirus pandemic indirectly fueling a rapid rise in day trading,