• You may not have as much in your 401(k) for retirement as you think
    MarketWatch

    You may not have as much in your 401(k) for retirement as you think

    A $100,000 or even $200,000 balance in a 401(k) plan might seem like a lofty amount of money — and it is — but it may not mean as much in your retirement as you think. As part of the new Secure Act, plan sponsors will have to show Americans how their account balances translate into monthly income. The new retirement law, which was passed in December, aims to provide investors with a clearer picture about whether or not they’re on track to retire.

  • When Do People Retire on Average
    SmartAsset

    When Do People Retire on Average

    Determining when to retire can be tough. There are various factors to consider, including your financial situation, your health, and the lifestyle you wish to enjoy once you retire. While the decision of when to retire is personal to you, … Continue reading ->The post When Do People Retire on Average appeared first on SmartAsset Blog.

  • This Former Highflying Stock Is Crumbling Despite Its Earnings Beat
    Investor's Business Daily

    This Former Highflying Stock Is Crumbling Despite Its Earnings Beat

    InMode crushed 2020 guidance expectations Tuesday following a fourth-quarter earnings and sales beat. But InMode stock went from a huge gain to losses on Tuesday and Wednesday.

  • TheStreet.com

    Jim Cramer on Boeing, Tesla, and Nvidia

    Jim Cramer has some thoughts on the markets, Boeing , Tesla , and Nvidia . Jim Cramer penned a Real Money column focusing on why there's too much upside, and not enough downside, which has impacted the selling.

  • 9 secrets of dividend investing, from a couple of stock pros who beat the market
    MarketWatch

    9 secrets of dividend investing, from a couple of stock pros who beat the market

    Many income-focused investors dwell on dividend yield and buy largely on that basis. Not so, say the two dividend-minded mutual-fund managers who run the outperforming Guinness Atkinson Dividend Builder Fund (GAINX) . Matthew Page and Ian Mortimer use a much more nuanced approach to get high-achieving results.

  • Chinese Companies Say They Can’t Afford to Pay Workers Now
    Bloomberg

    Chinese Companies Say They Can’t Afford to Pay Workers Now

    (Bloomberg) -- A growing number of China’s private companies have cut wages, delayed paychecks or stopped paying staff completely, saying that the economic toll of the coronavirus has left them unable to cover their labor costs.To slow the spread of the virus that’s claimed more than 2,000 lives, Chinese authorities and big employers have encouraged people to stay home. Shopping malls and restaurants are empty; amusement parks and theaters are closed; non-essential travel is all but forbidden.What’s good for containment has been lousy for business. With classes canceled at a coding-and-robotics school in Hangzhou, employees will lose 30% to 50% of their wages. The Lionsgate Entertainment World theme park in Zhuhai is closed, and workers have been told to use up their paid vacation time and get ready for unpaid leave.“A week of unpaid leave is very painful,” said Jason Lam, 32, who was furloughed from his job as a chef in a high-end restaurant in Hong Kong’s Tsim Sha Tsui neighborhood. “I don’t have enough income to cover my spending this month.”Across China, companies are telling workers that there’s no money for them -- or that they shouldn’t have to pay full salaries to quarantined employees who don’t come to work. It’s too soon to say how many people have lost wages as a result of the outbreak, but in a survey of more than 9,500 workers by Chinese recruitment website Zhaopin, more than one-third said they were aware it was a possibility.The salary freezes are further evidence of the economic hit to China’s volatile private sector -- the fastest growing part of the world’s second-biggest economy -- and among small firms especially. It also suggests the stress will extend beyond the health risks to the financial pain that comes with job cuts and salary instability. Unsurprisingly, hiring has all but ground to a halt: Zhaopin estimates the number of job resumes submitted in the first week after the January outbreak was down 83% from a year earlier.“The coronavirus may hit Chinese consumption harder than SARS 17 years ago,” said Chang Shu, Chief Asia Economist for Bloomberg Intelligence. “And SARS walloped consumption.”By law, companies have to comply with a full pay cycle in February before cutting wages to the minimum, said Edgar Choi, author of “Commercial Law in a Minute” and host of a legal-advice account on WeChat. For companies that aren’t making enough to cover payroll, it’s permissible to delay salaries, as long as staff get the money they’re owed eventually.Choi said he’s heard from thousands of foreign workers who say their payments have been cut in half this month or halted althogether. That, he said, is illegal. “A lot of these employees are foreigners, they don’t know Chinese,” he said. “Whatever their boss tells them, that’s it. It’s easy for them to get bullied.”NIO Inc., an electric car-maker based in Shanghai, recently delayed paychecks by a week. The company’s chairman William Li also encouraged employees to accept restricted stock units in lieu of a cash bonus.At Foxconn Technology Group’s Shenzhen factory, workers returning from the Lunar New Year break are quarantined in the dorms before they can return to work. They’re getting paid, but only about one-third of what they’d earn if they were working.Without full, regular paychecks and few places to spend them these days anyway, Chinese consumers could cut spending in some categories to zero, said Bloomberg’s Shu. And it may not bounce back: For example, she said, if you skip your daily latte for two months, you’re not likely to make up for those missed drinks later in the year.With limited reserves and less by way of remote technologies, the smaller companies that underpin China’s vast private sector are particularly vulnerable. Among broader efforts to help firms stay afloat, policy makers have called on state-run banks to make loans at cheaper rates to small businesses in particular.In the case of Pei Binfeng, co-founder of the Hangzhou coding and robotics academy, the outbreak forced them to suspend all in-person classes for students in kindergarten through grade 12. With the loss of revenue, the company will withhold 50% of salary for key executives and 30% for other employees until business resumes.“What we teach isn’t a must-have for a lot of parents, so expenses like this are usually the first to go when things get tough,” said Pei.Rick Zeng, deputy general manager at the Lionsgate theme park in Zhuhai, said they’ve been shut down on government orders since the end of January. Starting next week, some staff will need to go on unpaid leave.In the southeastern city of Fuzhou, hotel manager Robert Zhang said all but two or three of his 100 rooms are vacant on average nights. Two-thirds of the employees are effectively on furlough, getting some salary but not as much as they’re used to.“When there’s no business, there’s no performance-based salary,” he said. “For a month or two, the impact isn’t immediately obvious. But if the epidemic lasts and tourism doesn’t recover for three to four months, our employees will feel the crunch.”(Updates with job data in the sixth paragraph. An earlier version corrected Edgar Choi’s occupation)\--With assistance from Colum Murphy, Shirley Zhao, Bei Hu and Gao Yuan.To contact the reporters on this story: Lulu Yilun Chen in Hong Kong at ychen447@bloomberg.net;Jinshan Hong in Hong Kong at jhong214@bloomberg.netTo contact the editors responsible for this story: Candice Zachariahs at czachariahs2@bloomberg.net, Janet Paskin, Edwin ChanFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Billionaire Ray Dalio Pulls the Trigger on 3 “Strong Buy” Stocks
    TipRanks

    Billionaire Ray Dalio Pulls the Trigger on 3 “Strong Buy” Stocks

    As coronavirus fears run rampant throughout the world, investors are turning to Wall Street titans for guidance, namely Ray Dalio. Founding hedge fund Bridgewater Associates in 1975, the firm now boasts $160 billion worth of assets under management, with Dalio alone estimated to be worth $18.7 billion.Dalio, who has looked at the impact of past pandemics and virus outbreaks on the market, called the current reaction to the coronavirus overblown, noting that the concerns “probably had a bit of an exaggerated effect on the pricing of assets because of the temporary nature of that...” He added, “It most likely will be something that in another year or two will be well beyond what everyone will be talking about.”While the billionaire does acknowledge that it’s difficult to gauge what the full extent of the virus will be, he argues that diversifying across currencies, asset classes and geographical regions could prove to be the best strategy. Additionally, Dalio believes investors should pay attention to issues related to wealth and political gaps, the emergence of China, technology and the environment that could emerge from the public health crisis.“What concerns me most if you did have a downturn -- we are now 11 years in expansion -- whether that’s one, two, three years forward, with the larger polarity that exists, the wealth gap and the political gap,” Dalio commented.Looking into Bridgewater’s basket of stocks, we’ve chosen three of the fund’s new holdings that TipRanks’ Stock Screener reveals as “strong buys." Not to mention each has a top Smart Score, at least an 8 out of 10. Let’s take a closer look and see what Wall Street analysts have to say.BlackRock Inc. (BLK)On Wall Street, BlackRock is known as one of the largest asset managers in the world. Pulling the trigger on BLK in the fourth quarter, Bridgewater purchased over 32,000 shares for $16.1 million.Following the company’s solid quarterly performance, several analysts also see the stock as a Buy. In Q4, BLK posted EPS of $8.34, well above the $7.66 consensus estimate. In addition, long-term inflows surpassed the Street’s $82 billion projection, landing at $99 billion or a 6.1% annualized pace. While higher opex led to an operating margin compression of 254 basis points to 43.5%, Morgan Stanley’s Michael Cyprys thinks the print was positive overall.“4Q19 results this morning demonstrate BLK's ability to continue delivering strong organic growth,” the four-star analyst explained. On top of this, he pointed out, “Debunking ‘too big to grow fears,’ BLK delivered 7%-plus organic asset growth for the full year 2019, which is an acceleration from 2.1%-plus organic growth in 2018 and 4.3%-plus average growth rate over last five years. Importantly, strong net new money growth translated into 5% organic base fee growth in 2019, better than the 2% growth in 2018.”Based on this report, Cyprys expects other analysts to make adjustments to their outlooks for 2020. “Higher AUM levels, better fee rate, and strong organic growth trajectory should support upward revisions to consensus EPS, despite higher core G&A expense guidance into 2020,” he noted.With the company also hoping to receive the board’s approval for a dividend increase, the deal is sealed for Cyprys. In line with his bullish take on the financial stock, he left both his Overweight rating and $603 price target unchanged. Should the target be met, a twelve-month gain of 7% could be in the cards. (To watch Cyprys’ track record, click here)In general, the rest of the Street is on the same page. With 7 Buys and 2 Holds received in the last three months, the consensus rating comes in as a Strong Buy. (See BlackRock stock analysis on TipRanks)Citigroup Inc. (C)Dalio’s second new position was in financial services giant Citigroup. In the fourth quarter, Bridgewater spent $36.1 million to acquire a stake in the company, or 452,049 shares to be exact.Weighing in on the company for Oppenheimer, five-star analyst Chris Kotowski points to its fourth quarter results as an encouraging sign. Even though there was a $0.25 discrete tax benefit, at $1.90, core underlying EPS still exceeded both the analyst’s estimate of $1.80 and the $1.81 Street forecast. In terms of revenue, Citigroup reported a beat, with the $18.4 billion figure representing a 7.3% year-over-year gain.It should be noted that growth and seasoning in the consumer portfolio drove a 15.2% year-over-year credit cost increase. However, Kotowski argues that this was widely expected, with the $2.2 billion total provision landing very close to his $2.1 billion prediction.When it comes to the fact that average shares dropped 9.8% year-over-year, reflecting a loss of 29% from the peak, the analyst commented, “Skeptics often tell us that ‘the market doesn't pay you for buybacks,’ but clearly this has greatly enhanced the company's long term earnings and dividend paying capacity. While we suspect this year's $18 billion of repurchases was a peak, we see $16 billion in 2020 and $12 billion in 2021.” If these repurchases play out, by year end 2021, another 15%-plus shrinkage in the share count would be realized.That being said, Kotowski believes that the upward trend for return on average tangible common stockholder's equity (ROTCE) is especially promising. “Excluding various gains and tax benefits in both years, we would put the "core" ROTCE at ~11.2% for the year, up from 10.5% in 2018 and 8.9% in 2017. Thus, the trend remains up and to the right, which is in our view the main thing that drives bank stocks,” he stated.All of the above factors prompted the Oppenheimer analyst to maintain an Outperform call and $124 price target. This conveys Kotowski’s confidence in Citigroup’s ability to climb 57% higher in the next twelve months. (To watch Kotowski’s track record, click here)What do other analysts think about Citigroup’s long-term growth prospects? As it turns out, the rest of the Street is generally bullish, with its Strong Buy consensus rating breaking down into 10 Buys vs 3 Holds. Not to mention the $94.82 average price target brings the upside potential to 21%. (See Citigroup stock analysis on TipRanks)CarMax Inc. (KMX)Bridgewater also snapped up shares of CarMax, the largest used car retailer in the U.S. The famous hedge fund added a position of 60,342 shares, valued at $5.3 million. Out on Wall Street, analysts are also excited about KMX.After hosting members of the company’s management team, Morgan Stanley’s Armintas Sinkevicius remains optimistic about its long-term growth narrative. During the meeting, management said the omni-channel experience rollout has already been successful, and there has been little core business disruption. In the future, the company will continue to seek out opportunities from efficiencies at the Customer Experience Centers and strengthen customer interaction.Based on this Sinkevicius commented, “We are constructive on the ability of Carvana and KMX to disrupt the used car dealership model, but find the profitability, free cash flow, and valuation at KMX to be significantly more attractive.” To this end, the analyst sided with the bulls, keeping the rating as Overweight. At $112, the price target implies shares could surge 13% in the next twelve months. (To watch Sinkevicius’ track record, click here)Meanwhile, RBC Capital analyst Scot Ciccarelli cites KMX’s recent $50 million investment in Edmunds, a research site that offers in-depth reviews of new vehicles, insights and helps shoppers progress through the entire car purchasing process, as being the source of his bullish thesis. He argues that this move is low-risk and possibly high-reward as KMX could use Edmunds’ reviews on its own website.“Further, if Edmunds and their ‘millions of customers a month’ were to provide direct links to CarMax inventory, this should also generate a substantial number of new online sales leads – which CarMax can now accommodate because of their growing omni-channel capabilities. Third, CarMax may be able to learn what the ‘value algorithms’ are searching for in their grading scale and may be able to work towards improving their third party value rankings,” Ciccarelli added. It makes sense, then, that the five-star analyst reiterated his bulllish call and $108 price target. (To watch Ciccarelli’s track record, click here)Looking at the consensus breakdown, a majority of Wall Street analysts also have high hopes for the used car retailer. With 8 Buys and 2 Holds, the word on the Street is that KMX is a Strong Buy. Additionally, the $106.88 average price target indicates that a possible twelve-month gain of 8% could be in store. (See CarMax stock analysis on TipRanks)

  • Taxes 2020: What you don’t know about your tax bracket could hurt you
    USA TODAY

    Taxes 2020: What you don’t know about your tax bracket could hurt you

    Tax brackets can hurt taxpayers if they don't understand how they work. The IRS typically issues new tax brackets annually that affect your earnings.

  • Coronavirus may trigger a major stock market selloff: analyst
    Yahoo Finance

    Coronavirus may trigger a major stock market selloff: analyst

    The easy money continues to be made on Wall Street even as the coronavirus hurts more big name companies.

  • Artificial Intelligence Stocks To Buy And Watch Amid Rising AI Competition
    Investor's Business Daily

    Artificial Intelligence Stocks To Buy And Watch Amid Rising AI Competition

    When looking for the best artificial intelligence stocks to buy, investors should expand their search to unexpected fields. Salesforce.com and Trade Desk are among AI stocks on IBD's radar.

  • Buy the Dip on Roku Stock
    Schaeffer's Investment Research

    Buy the Dip on Roku Stock

    ROKU options can be had for a bargain at the moment

  • I took out $50K in student loans, but now I’m living on disability. Is my spouse responsible — and will my family have to pay off my student debt if I die?
    MarketWatch

    I took out $50K in student loans, but now I’m living on disability. Is my spouse responsible — and will my family have to pay off my student debt if I die?

    ‘There are several deferments and forbearances that can temporarily suspend the obligation to repay federal student loans.’

  • Bloomberg

    Ally Sinks Most Since 2014 After $2.65 Billion Subprime-Card Bet

    (Bloomberg) -- Ally Financial Inc. fell the most in nearly six years after the company, the largest U.S. auto lender, pushed into the subprime credit-card business with a $2.65 billion acquisition.Ally agreed to buy CardWorks, a closely held lender, in a cash and stock transaction, according to a statement Tuesday after the close of regular trading. CardWorks will add $4.7 billion in assets and $2.9 billion in deposits to Ally’s franchise.“Investors will question the purchase of a non-prime, consumer-finance portfolio this late in the cycle,” analysts at Keefe, Bruyette & Woods said in a note to clients. Still, the deal has merits “in that it diversifies Ally’s business and also enhances” return on equity, KBW said.Chief Executive Officer Jeffrey Brown defended the purchase during a conference call with analysts on Wednesday. He said the two companies have been getting to know each other since 2018, and Ally will maintain a “disciplined approach” to risk management even with the addition of the subprime card portfolio.“This is not a unicorn,” Brown said. “This is a 32-year-old established business that’s been through multiple cycles that is extraordinarily effective at servicing their customers.”Shares of the company slid 10% to $28.75 at 10:16 a.m. in New York, the biggest drop since April 2014. That pared the stock’s gain over the past year to 5.7%, compared with the 21% advance of the Russell 1000 Financial Services Index.“We know the Street is not quite as excited as we are, but we know they’re going to get there as we continue to perform and make this part of a long-term strategy,” Chief Financial Officer Jennifer Laclair said in an interview. Ally, which said the deal could add as much as 100 basis points to adjusted profits by 2022, has been trying to diversify beyond auto lending. Last year it acquired the point-of-sale lender Health Credit Services for $190 million. The firm’s interest in credit cards comes after it abandoned a proprietary cash-back card it offered with Toronto-Dominion Bank.Don Berman, founder and CEO of CardWorks, said his company’s charge-offs rose to more than 20% during the last financial crisis. Still, he said, it’s able to react quickly to changes in consumer credit and competition.“When competition gets somewhat irrational, which we track very carefully, it’s not a time to be very robust, and you pull back a little bit,” Berman said. “And when that competition becomes more rational, you jump back in.”\--With assistance from Felice Maranz and Shahien Nasiripour.To contact the reporter on this story: Jenny Surane in New York at jsurane4@bloomberg.netTo contact the editors responsible for this story: Michael J. Moore at mmoore55@bloomberg.net, Steve Dickson, Daniel TaubFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Options Market Darlings Virgin Galactic, Plug Power Are Surging Again
    Bloomberg

    Options Market Darlings Virgin Galactic, Plug Power Are Surging Again

    (Bloomberg) -- A number of stocks that have captured investor attention are continuing their gains as the options market more and more resembles a roulette wheel.Richard Branson’s space-tourism company Virgin Galactic Holdings Inc. jumped as much as 15% on Wednesday, marking another day of double-digit gains. Meanwhile, Plug Power Inc. rose as much as 8.9% to extend a five-year high as retail investors talked up their positions on message boards like r/wallstreetbets on Reddit. Fellow renewable energy equipment-maker FuelCell Energy Inc. rose as much as 17%.Tesla Inc., a favorite among retail investors, jumped as much as 7.8% after analysts at Piper Sandler Cos. raised their price target to the highest on Wall Street.As the four stocks extend their rallies, bets in the options market are also continuing to mount. Tuesday saw options volume that dwarfed historical averages, and that extended into Wednesday. As of 9:46 a.m. in New York, Tesla February calls that expire at the end of the week were among the most traded equity options.Much of the group’s rise in recent weeks has come without concrete news. Virgin Galactic is due to report a quarterly update next week.(Updates with share movement, options volume throughout.)To contact the reporter on this story: Bailey Lipschultz in New York at blipschultz@bloomberg.netTo contact the editor responsible for this story: Catherine Larkin at clarkin4@bloomberg.netFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • This 5-year bear market in energy stocks could turn into forever
    MarketWatch

    This 5-year bear market in energy stocks could turn into forever

    While the S&P 500, the Dow Jones Industrial Average, and the Nasdaq Composite index hover near all-time highs, energy stocks have fallen on very hard times. Exxon Mobil (XOM) — the world’s most valuable public company as recently as 2012 — has seen its stock price plunge about 40% from its all-time high above $100 a share in June 2014, a loss of more than $180 billion in market capitalization. The Energy Select Sector SPDR ETF (XLE) the largest energy-sector ETF, is down by a similar amount from that date.

  • Barrons.com

    Tesla Stock Is Soaring Again Because There’s More to the Company Than Cars

    Stock in the electric-vehicle pioneer rose back above $900 a share after an analyst at Piper Sandler raised his target for the price to the highest on Wall Street.

  • 3 “Strong Buy” Stocks Top Investors Are Snapping Up Right Now
    TipRanks

    3 “Strong Buy” Stocks Top Investors Are Snapping Up Right Now

    Wall Street analysts’ wealth of experience and in-depth knowledge of the market can help investors determine whether to add a new name to a portfolio. Additionally, the use of technical indicators and fundamentals can point the direction of a stock’s near-term trajectory. Another way, though, is to gauge the sentiment amongst fellow investors. As the old saying goes, imitation is the sincerest form of flattery.TipRanks’ Stock Screener has a set of filters which allows you to search out a stock according to your needs, be it by market cap, analyst consensus or various other metrics. In our case, we searched for three tickers boasting “very positive” sentiment from top TipRanks investors – a readout of individual investor portfolios tracked by TipRanks on its Smart Portfolio platform.What’s more, in addition to piquing investors’ interest, all 3 have a further characteristic in common; all currently score a Strong Buy consensus rating from the Street. Let’s explore, then, why investors and analysts alike, are finding these names so compelling right now.Centene Corp (CNC)With a market-cap of $38 billion, Centene has established itself as a major player in healthcare services. The large cap has more than 33,000 employees across the country, has health plans that serve 12.3 million members in 29 states and offers health insurance to other healthcare and commercial organizations. With roughly 22 million members, Centene is the largest provider of government-sponsored health plans.The company’s recent earnings results were a mixed affair. Centene’s Q4 revenue came in at $18.9 billion, 14% up from last year’s $16.6 billion, while also beating the analysts' estimate of $18.43 billion. The company’s higher-than-expected medical benefit ratio (the percentage of health insurance premiums paid out in claims), though, was a disappointment for investors. At 88.4%, the figure came in higher than the Street’s estimate of 87.6% and impacted the company’s medical costs.Nevertheless, J.P. Morgan’s Gary Taylor believes CNC trades at a discount to its group. Multiple overhangs including the election, block grant and public charge, according to the analyst, “will all likely prove immaterial.” Taylor also believes Centene’s acquisition of WellCare for $17 billion in March of last year will lead to further long -term value creation.The 4-star analyst further said, “We believe that CNC remains a long-term growth story as managed care penetration of Medicaid grows from ~68% of spending towards 75-80% over the next decade. We believe CNC’s organic opportunity (primarily fueled by its Medicaid and Medicare exposure) certainly remains above-average for the sector.”Bottom line, then? Taylor reboots his rating on Centene with an Overweight along with a price target of $88. Should the target be met, investors stand to take home a 33% gain over the next year. (To watch Taylor’s track record, click here)Overall, the healthcare service specialist is getting a lot of healthy love from the Street right now. 13 Buys and a single Hold converge to a Strong Buy consensus rating. At $80.54, the average target implies possible upside of 24%.CNC has a ‘Very Positive’ investor sentiment with the number of portfolios holding CNC rising on both a 1 week and 1-month basis. (See Centene stock analysis on TipRanks)Applied Materials (AMAT)Next up is a fellow large cap, though from an entirely different sector. Semi-conductor company Applied Materials makes integrated circuit chips for a wide range of electronics, including TVs, smartphones and flat panel display screens. The $61 billion heavyweight’s robust start to 2020 is a direct continuation of 2019’s stellar performance; last year’s gains of 90% have been boosted by a further 9% year-to-date.As per expectations, AMAT’s latest earnings results delivered a strong quarter and guidance. F1Q20’s revenue of $4.16 billion indicated a quarter-over-quarter increase of 11% and beat the Street’s estimate of $4.11 billion. At $0.98, EPS came in above the high end of the company's $0.87-0.95 guidance and above the Street’s call for $0.93. Looking ahead, galvanized by a continued robust foundry/logic business and the return of some memory spending, AMAT expects to see "strong double-digit" growth in its semiconductor business this year.Deutsche bank’s Sidney Ho applauded the print and notes the guide would have been even stronger without the estimated $300 million impact of the coronavirus on its operations. Ho said, “AMAT continues to benefit from a robust foundry/logic environment and with this strength expected to continue throughout CY20, early signs of a memory recovery, and expectations for continued share gains, the company appears well positioned for a strong CY20… Post earnings, we remain encouraged by AMAT's near and long-term outlook and believe that the risk-reward for AMAT, which trades at ~12x (including pending acquisition) vs. its large cap peers at 1415x, is favorable.”The 5-star analyst, therefore, keeps his Buy rating intact, while raising his price target up from the previous $72 to $75. The new figure implies possible upside of 15% from current levels. (To watch Ho’s track record, click here)It turns out that the rest of the Street wholeheartedly agrees with the Deutsche bank analyst. With 19 "buy" ratings vs. 1 "sell" and 1 "hols," the message is clear: AMAT is a Strong Buy. Possible gains of 17% could be heading investors’ way should the average price target of $75.71 be met over the coming months.In addition, based on top investor portfolios in TipRanks’ database, 6.9% hold AMAT stock. On average, top investors allocate 3.7% of their portfolios to AMAT. This gives the stock its ‘Very Positive’ investor sentiment score. (See AMAT stock analysis on TipRanks)Microchip (MCHP)Staying in the semi-conductor field, we come across another big player in the shape of Microchip. This company does what it says on the tin: Sells microcontrollers, analog, and field-programmable gate array [FPGA] chips to a wide array of customers.With earnings season in full swing, Microchip has been posting results, too. The solid quarter exhibited a beat on revenue and earnings: MCHP reported sales of $1.29 billion, compared to the $1.26 billion estimated by the street. NonGAAP EPS came in at $1.32, above the street’s estimate of $1.26. For the current quarter, MCHP expects revenue of $1.36 billion, guiding above the street’s call for $1.33 billion.Needham’s Rajvindra Gill sees “multiple inflection points in MCHP's business.” The 5-star analyst notes the company has seen a continuation of strong backlog and bookings trends. Additionally, Gill notes MCHP’s ongoing strength in data center and industrial and auto, all recovering from a bottom, with the trends expected to continue in 2HCY20.Gill summarized, “We could envision an optimistic scenario where we see an inventory restocking, given the historical low levels of distribution inventory, combined with genuine demand pull through driven by data center, ADAS, industrial IoT and 5G. While lead times may extend, we do think MCHP has built enough capacity to support a return in demand. In that environment, we believe revenue could return to pre-downturn levels and grow from there. Moreover, we believe MCHP is on track to hit its LT GM target of 63% (vs. 61.7% MRQ) as the $16MM underutilization charges roll-off the P&L. Net, we see upside at current levels as we roll out our new FY22 Non-GAAP estimates."As a result Gill reiterated a Buy rating on MCHP shares, while raising his price target to $140 (from $130). The implication for investors? Potential upside movement of 30%. (To watch Gill’s track record, click here)The consensus breakdown provides further cheer; 15 Buys and 2 Holds coalesce to a Strong Buy consensus rating. With an average price target of $123.13, analysts expect an additional 15% to be added to the share price over the next year.Furthermore, 2.4% of all portfolios hold MCHP, with 0.2% being added in the last month alone. Top investors allocate, on average, 1.7% of their portfolio to the chipmaker’s stock. (See Microchip stock analysis on TipRanks)

  • Is Micron Stock A Buy Right Now? Here's What MU Earnings, Chart Show
    Investor's Business Daily

    Is Micron Stock A Buy Right Now? Here's What MU Earnings, Chart Show

    Micron Technology stock has been punished by a downturn in the memory chip business since late 2018. Here is what the fundamentals and technical analysis say about buying MU stock now.

  • Bankrupt Houston energy co. to award millions in exec bonuses
    American City Business Journals

    Bankrupt Houston energy co. to award millions in exec bonuses

    Houston-based McDermott International Inc., an engineering and construction company specialized in oil, gas and petrochemicals that declared bankruptcy earlier this year, plans to award its top executives with millions of dollars in performance bonuses over the course of 2020. The company filed a motion with the bankruptcy court earlier in February requesting that David Jones, the judge presiding over the case, approve the bonuses. CEO David Dickson stands to nab the largest payout, with a maximum bonus of $12.66 million, according to the filing.

  • Marijuana Stocks Are Tumbling — Are Any Good Buys Right Now?
    Investor's Business Daily

    Marijuana Stocks Are Tumbling — Are Any Good Buys Right Now?

    Are marijuana stocks on U.S. exchanges a good buy now? The marijuana industry gets a lot of hype, but look past the smoke and analyze pot stocks on their fundamentals and technicals.

  • TheStreet.com

    Bausch Shares Fall on Wider Loss Reflecting Legal Reserve

    Bausch Health shares are lower after the medical-devices producer reported a wider fourth-quarter loss, reflecting a reserve for legal costs.