Of all the bad CEOs who ruled the 2010’s, I think the worst was Virginia Rometty of International Business Machines (NYSE:IBM). Rometty, who became CEO in 2012 and finally retired this year, put her priority on dividends and buybacks while the company and interest in IBM stock burned. Source: Laborant / Shutterstock.com Under Rometty, IBM
What started off as a quiet day slowly turned into the bulls’ favor on Monday. With that in mind, let’s look at a few top stock trades after a solid day of trading. Top Stock Trades for Tomorrow No. 1: Nvidia (NVDA) The trend in Nvidia (NASDAQ:NVDA) has been incredible, particularly given the size of
Shares of technology giant Amazon (NASDAQ:AMZN) have been red-hot all year long. Until recently. Broader weakness in tech stocks, coupled with macroeconomic concerns of a resurgence of Covid-19 cases nationwide, has led to AMZN stock sliding for five straight days and dropping into correction territory for the first time since March. Source: Julie Clopper /
CNBC’s Jim Cramer on Monday criticized the United States’ response to the coronavirus, saying that other nations across the world have been exemplars of how to keep deaths from the disease low. “I’m trying to figure out what kind of disaster that our country has had that’s ever been as bad as this that’s been
Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Check out the companies making headlines after the bell: IBM — IBM shares rose more than 6% in extended trading following the release of the company’s second quarter earnings. The technology company reported second quarter earnings of $2.18 per share excluding items
2020 has definitely been a roller coaster for oil stocks. The novel coronavirus has resulted in steep declines in demand, leading OPEC to drastically reduce production. While all this was going on, there was a point when crude oil dropped well below zero! It was, well, jaw dropping. But during the past couple months, the
The shares of Peloton (NASDAQ:PTON) have been on fire in 2020. This year, PTON stock has more than doubled as the Covid-19 pandemic has supercharged demand for the company’s premium, at-home fitness equipment and services. Source: Sundry Photography / Shutterstock.com In financial markets, it’s important to remember that momentum is a real thing. Stock which
Kevin Matras looks at the ‘short ratio’ as a market sentiment indicator and shows how to use it for finding winning stocks. Highlighted stocks include CONN, CWTR, HNZ, VMED and WGO.
What Is a Disclosure? Explained in Plain English Disclosure is the process of making facts or information known to the public. Proper disclosure by corporations is the act of making its customers, investors, and any people involved in doing business with the company aware of pertinent information. Disclosures are at the center of the public’s
“If you’ve been thinking about adding more gold positions to hedge your portfolio, you might want to think about also buying some silver.” That’s the advice I offered two months ago here in Smart Money. Source: Shutterstock So far, so good. The two specific plays I showed you in that column have climbed by 23% and 49%
Take a look at some of the biggest movers in the premarket: Moderna (MRNA) – The drugmaker’s Covid-19 vaccine candidate produced neutralizing antibodies in all 45 patients involved in an early study, according to newly released data. Those antibodies were similar to those seen in patients who have recovered from Covid-19. UnitedHealth (UNH) – The
Shares of artificial intelligence company Remark Holdings (NASDAQ:MARK) are on a fantastic bull run, as MARK stock is up almost 200% year-to-date. But I believe the momentum will lose steam as we move further along the road to recovery. Source: Angyalosi Beata / Shutterstock.com The reason for the exponential rise is down to Remark’s touch-free
I’ve been writing plenty of stories about how the valuation of Tesla (NASDAQ:TSLA) stock has become completely detached from reality. But no matter how big the Tesla bubble gets, Tesla is still a minor player in the global auto market compared to legacy automaker investments like General Motors (NYSE:GM).Yet Tesla is getting all the attention,
A view of Moderna headquarters on May 08, 2020 in Cambridge, Massachusetts. Moderna was given FDA approval to continue to phase 2 of Coronavirus (COVID-19) vaccine trials with 600 participants. Maddie Meyer | Getty Images Check out the companies making headlines in midday trading. Moderna — Moderna shares jumped 10% after the data released by
As I write this on July 15, Southwest (NYSE:LUV) is having an excellent day on the markets with LUV stock up more than 8% on the day and just a little more than 60 minutes of trading until the 4 p.m. bell. Source: Carlos E. Santa Maria / Shutterstock.com The $2.81 move by Southwest puts
The utilities sector is an essential aspect of any healthy economy. The equities included in this industry range from gas and electric companies to transmission providers. Essentially, it comes down to the companies that support the very infrastructure of any modern civilization. Leaders of utilities are some of the highest paid, and many of these
Investors purchasing vaping stocks now in order to secure big gains later are in a precarious position. The market for vape products is full of potential and windfalls are clearly there for the taking. However, the vaping market is squarely in the crosshairs of regulatory bodies and under intense scrutiny. Investors are acutely aware that
Take a look at some of the biggest movers in the premarket: Morgan Stanley (MS) – The investment firm earned $1.96 per share for the second quarter, well above the $1.12 a share consensus estimate. Revenue also beat forecasts. Morgan Stanley saw net revenue and net income rise to record levels, helped by strong trading
I have to admit, there’s something to be said for Luckin Coffee (OTCMKTS:LKNCY). The company has had an accounting scandal involving millions of fraudulent transactions. That scandal caused the removal of its CEO. As a bonus, Luckin stock dropped so low it was delisted. Source: Keitma / Shutterstock.com And yet, like a phoenix rising from
What once was the joke of the major auto manufacturer is now the monster on Wall Street. Tesla (NASDAQ:TSLA) was the target of the comedy among the experts, and now the company market capitalization is more than four times that of Ford (NYSE:F) and General Motors (NYSE:GM) combined. F stock specifically has been pitiful, but