W.W. Grainger's (GWW) shares fell 3.4% to 260.21 after the distributor of tools, lighting, plumbing and other maintenance products said May sales rose 6% vs. May '13. Results included 2 percentage points from acquisitions and 1 percentage point decline from unfavorable foreign exchange rates.
The S&P 500 could bottom out in the next month, according to Fundstrat's head of research Tom Lee.
One of the fastest-growing utility stocks, along with "Wall Street's Greatest Dividend Stock," make for phenomenal buys right now.
Certain Wall Street analysts see substantial downside for shareholders of Tesla and Palantir Technologies.
Tesla's growth story was about leading the paradigm shift to EVs, and an affordable car was a part of that story. Now without it, the narrative has changed.
If you are looking to maximize the income your portfolio generates, consider Enterprise Products Partners and Enbridge, but stay away from this midstream giant.
The number may be smaller than expected.
Plenty of stocks are still worth buying despite the S&P 500 sitting around all-time highs.
This is what could happen next to Palantir shares.
In the chaos of the 2008 recession, perhaps no bank stood more prepared than Jamie Dimon's J.P Morgan Chase & Co. (NYSE:JPM). In advance of the crisis, Jamie Dimon realized that "underwriting standards were deteriorating across the industry," with late payments on subprime loans rising. In late 2006, the bank led his firm to exit Wall Street's hot subprime business, starting with a frantic call made to J.P. Morgan's vacationing Chief of Securitized Products where he said, "I really want you to w
Wall Street's most-prominent stock-split stock of 2024 has been purchased on three separate occasions by a lawmaker who completed over 4,200 trades last year.