President Donald Trump arrives for a photo opportunity with sheriffs from across the country on the South Lawn of the White House in Washington, September 26, 2019. Erin Scott | Reuters President Donald Trump, during a White House address to trumpet the surprising May surge in jobs that signaled a rapid economic recovery good be
Month: June 2020
Exxon Mobil (NYSE:XOM) has both opportunities and threats going forward. However, I think that the combined magnitude of the company’s opportunities is larger than the power of the threats facing Exxon Mobil stock. Source: Harry Green / Shutterstock.com Exxon’s Dividend Is a Tremendous Opportunity On April 29, Exxon announced that it would maintain its dividend
There are huge red flags these days surrounding Wells Fargo (NYSE:WFC) and Wells Fargo stock. The beleaguered bank has been lagging behind its competitors in the big bank space, and now its dividend is in danger, too. Source: Kristi Blokhin / Shutterstock.com It’s true that a frothy dividend is the only reason to hold WFC
The widely-anticipated reforms that came with the money market regulations that went into effect in October 2016 brought about its own set of changes that affected investors of all kinds. While these reforms actually began as rules adopted by the Securities and Exchange Commission (SEC) in 2014, when the new regulations of money kicked in,
Lamination operator Rosa Escamilla, 28, wears a protective mask as she works at the Emerald Packaging facility, amid the coronavirus disease (COVID-19) outbreak, in Union City, California, on May 7, 2020. Nathan Frandino | Reuters As economists scratch their heads, the surprise gain of 2.5 million jobs in May shows that markets were right to bet on
It looks like Zoom (NASDAQ:ZM) is finally getting it right. And that makes Zoom stock the one to hold in the post-pandemic world as businesses and schools embrace the work-from-home culture in 2020. Source: Michael Vi / Shutterstock.com It was a rocky spring for Zoom, the remote conferencing company based in San Jose, California. Its
Online broker Charles Schwab received antitrust approval from the U.S. Department of Justice for its acquisition of TD Ameritrade, sources told CNBC’s David Faber on Thursday. Shares of Schwab jumped nearly 7% in premarket trading following the report. TD Ameritrade rose more than 9% before the opening bell. Schwab announced last November it would buy
How would you like the yield of an oil stock without the risks of buying one? That’s what you can get with Abbvie (NASDAQ:ABBV). The beta on ABBV stock is 0.78; The similarly yielding but more-risky Chevron (NYSE:CVX) sports a beta of 1.33. Source: Piotr Swat / Shutterstock.com Abbvie is best known for the immunosuppressant
[Editor’s Note: “Sell Moderna (MRNA) Stock as Covid-19 Catalyst Inflates Valuation” was originally published April 2, 2020. It is regularly updated to include the most relevant information.] Source: Shutterstock Is the party over for Moderna (NASDAQ:MRNA)? MRNA stock soared in May as the company’s novel coronavirus prospects looked bright. But now, with investors selling off
Interior Design area of the Restoration Hardware store in the Meatpacking District of New York. Source: RH Check out the companies making headlines after the bell. Broadcom — Shares of the semiconductor company climbed 1% in extended trading after Broadcom released its second-quarter financial results. The company posted earnings of $5.14 per share excluding some
After several strong rallies, the stock market cooled a bit on Thursday. That didn’t stop some stocks from being big movers, though. With all of that in mind, let’s look at a few top stock trades for Friday. Top Stock Trades for Tomorrow No. 1: American Airlines (AAL) American Airlines (NASDAQ:AAL) just went bananas on
MU and ZAGG are profiled as aggressive growth stock picks. Micron: https://www.zacks.com/stock/quote/MU?cid=CS-YOUTUBE-FT-VID Zagg: https://www.zacks.com/stock/quote/ZAGG?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Many will argue there’s a very large disconnect between the stock market and the economy. And in a very different way that’s certainly true with Energy Transfer LP (NYSE:ET). But rather than using the opportunity to take profits, is now the time to bet on a return to normalcy for ET stock? Let’s look at
A senior Republican senator said she was “struggling” with whether to support Donald Trump, as the US president faces growing disapproval from some members of his own party and former military officers for his response to largely peaceful protests. Lisa Murkowski, a US senator from Alaska, on Thursday said she welcomed the intervention of Jim
CNBC’s Jim Cramer on Thursday warned young investors about the potential pitfalls of daytrading in speculative stocks, especially the really cheap ones. “It’s a little disheartening to see all the $1 to $3 stocks that people are gunning,” Cramer said on “Squawk on the Street.” ”If you want to try and make money and it’s legal,
Shares in Target (NYSE:TGT) has taken a hit as investors saw the downside of its urban strategy. Target stock is down 3% so far this week. Source: jejim / Shutterstock.com Target is based in Minneapolis and has been the “home team” retailer there since the days of its predecessor company, the Dayton Hudson department store
Already embattled industrial firm General Electric (NYSE:GE) really didn’t need the novel coronavirus to add any more excitement to its journey. After tumbling into ignominy, the company appeared to be turning a corner. Then, the Covid-19 pandemic scuttered that momentum, sending GE stock plummeting back down to earth in March of this year. Source: JPstock/Shutterstock.com
Declaring and paying dividends has nothing directly to do with current earnings per share (EPS). Companies can pay a dividend per share that exceeds its EPS. A company whose EPS is lower than its dividend in a current year may be coming off of a string of more profitable years, with higher EPS, from which
Take a look at some of the biggest movers in the premarket: J.M. Smucker (SJM) – The food producer reported quarterly earnings of $2.57 per share, beating the consensus estimate of $2.29 a share. Revenue also beat forecasts, driven by increased consumer demand resulting from the Covid-19 pandemic. Smucker did forecast a 1% to 2%
With the U.S. economy reopening following a multi-month shutdown forced by the novel coronavirus Southwest Airlines (NYSE:LUV) and other airline equities are rebounding. LUV stock is really taking off, soaring 16.4% for the week ending June 2. Source: Markus Mainka / Shutterstock.com A week’s worth of trading isn’t much to go on, but a case