Carnival’s (NYSE: CCL) fiscal second-quarter earnings fell short of investor expectations by a wide margin. Analysts, on average, were expecting a net loss of $1.76 per share on $737.8 million of revenue. On June 18, Carnival reported a net loss of $3.30 per share on $700 million of revenue. Since the announcement CCL stock has shed
Fastly (NYSE:FSLY) appears to be revolutionizing internet content delivery. Moreover, it has already landed multiple rapidly growing companies as customers, and I believe that it can successfully move into new, related sectors. As a I result, I believe that FSLY stock is worth buying at this point, despite its huge gains in recent months and
A battle heats up between a deep-research investor with a private equity mindset and an underperforming small cap software stock. This is a textbook case of good activism — a company with poor operating history, horrible corporate governance, underperforming stock, overpaid CEO and a large, long-term shareholder with a very friendly and reasonable request with impressive
Traders work on the floor of the New York Stock Exchange shortly before the closing bell as the market takes a significant dip in New York, February 25, 2020. Lucas Jackson | Reuters Check out the companies making headlines before the bell Friday: United Airlines (UAL) — The airline reached a deal with a pilot union
Although I focus on megatrends to extract the best possible investing ideas, they’re also useful as a warning system against stocks to avoid. In particular, I avoid chasing fads like Beyond Meat (NASDAQ:BYND). Admittedly, Beyond and the plant-based protein industry are hot topics. However, I ultimately see Beyond Meat stock fading away not in dissimilar
High-Water Mark vs. Hurdle Rate: An Overview Hurdle rate and high-water mark are two types of benchmarks that hedge funds can set as requirements for collecting incentive or performance fees from investors. A high-water mark is the highest value that an investment fund or account has ever reached. A hurdle rate is the minimum amount
After the economy went into lockdown earlier in the year, retailers scrambled to adapt. In March, many apparel stocks hit 52-week lows. But since then, the recovery for many of them has been rather incredible. Now as the new earnings season kicks in, investors are wondering whether they are late to the party or if
A customer leaves an ATM at a Wells Fargo branch in Denver. Rick Wilking | Reuters Check out the companies making headlines in midday trading: Gilead Sciences — Gilead gained 2.1% after saying its coronavirus treatment candidate drug, remdesivir, was associated with an improvement in clinical recovery and a 62% reduction in the risk of mortality compared
Energy stocks have had a volatile year, and Energy Transfer (NYSE:ET) stock has been no exception. The pipelines and energy infrastructure company saw its shares plummet from a 52-week high of $15 to just $4 in March. Source: Casimiro PT / Shutterstock.com However, shares surged back to $9 recently, as investors feasted on its huge
Occidental Petroleum (NYSE:OXY) continues to follow the basic track of other oil stocks. In early June, I could understand investors taking a flyer on OXY stock. After all, initial concerns about the company’s liquidity appear to be unfounded. Source: Pavel Kapysh / Shutterstock.com And so, in some ways, it makes sense that the stock would
Stocks churned higher for most of Friday’s session, setting the stage for the start of earnings season next week. With that in mind, let’s look at a few top stock trades for Monday. Top Stock Trades for Monday No. 1: Fastly (FSLY) Fastly (NYSE:FSLY) stock has been absolutely incredible, rallying from $10.63 at the March
Video game maker Activision Blizzard (NASDAQ:ATVI) has been around since 2008 and is having one of its best-ever years in the face of the novel coronavirus. Activision-Blizzard stock is up more than 30% year to date. Source: madamF / Shutterstock.com The maker of the ever-popular Call of Duty franchise is already pushing all-time highs set
Traders with masks work on the first day of in-person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. Brendan McDermid | Reuters The worst earnings season in years is about to begin, and it’s
Equity markets continue to bounce around, unnerving many investors as they wonder whether a new wave of COVID-19 cases can trigger another stock market crash. In such volatile times, market participants may want to consider buying solid dividend stocks which typically are more resilient during market downturns. Today I’ll discuss seven of the best dividend-paying
Kohl’s (NYSE:KSS) and Kohl’s stock don’t look like winners in the short term or the long term. The retailer just doesn’t appear to have what it takes to succeed during the novel coronavirus crisis in particular or the e-commerce revolution in general. Source: Sundry Photography/Shutterstock.com For retailers with hundreds of brick-and-mortar stores to thrive in
The rally in gold futures is closing in on a historic test at 2011’s all-time high at $1,912. The relentless advance since March highlights structural instability as a result of dovish central bank policies and loan guarantees that now threaten to drop U.S. interest rates below 0%. That could be catastrophic for Main Street Americans,
Value is a word that is thrown around by analysts, investment managers and plenty of others in the market. But for me it comes down to how a stock of a company is priced against its trailing sales or against its intrinsic value known as the book value. Earnings, of course, are what most focus
Warren Buffett. Gerald Miller | CNBC Warren Buffett just announced his annual charitable donations to the five philanthropies he’s chosen to give the vast bulk of his fortune to. This year, the “Oracle of Omaha” is distributing 15.9 million class B shares of Berkshire Hathaway valued at about $2.9 billion. That brings his total philanthropic
A Redfin Corp. ‘For Sale’ sign stands outside of a home in Seattle, Washington. David Ryder | Bloomberg | Getty Images Check out the companies making headlines after the bell: Marathon Oil — The oil company’s stock climbed 1% in extended trading after falling 7.05% earlier Thursday. Oil dropped 3% during the day amid concerns over rising
Normally, companies declare bankruptcy, their stocks plummet and shareholders get wiped out. But car rental company Hertz (NYSE:HTZ) refused to go out like that. More specifically, speculators betting on an impossible turnaround refused to let Hertz stock go out without a bang. Source: Eric Glenn/Shutterstock.com In the weeks after Hertz filed for bankruptcy in late