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Follow this list to discover and track stocks with the greatest 52-week loss. These are stocks whose price has increased the most over the past 52 weeks (percent change). This list is generated daily, the losses are based on today's closing price and limited to the top 30 stocks that meet the criteria.
CommScope (COMM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Kraft (KHC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Pacific Gas & Electric Co. pushed back Friday on a U.S. judge's revised proposals to prevent the utility's equipment from causing more wildfires, saying it could not "monitor every tree at every moment of every day" to ensure they don't pose a threat to its electric lines in violation of California laws. Judge William Alsup earlier this month proposed requiring the company to fully comply with all vegetation management and clearance laws as part of its probation in a criminal case. Alsup called the utility's efforts to prevent trees from hitting its power lines and starting wildfires dismal.
UBS Group AG (UBS), AutoNation Inc. (AN), Mednax Inc. (MD) and Amdocs Ltd. (DOX) have declined to three-year lows. The price of UBS Group shares declined to $11.88 on March 22, which is only 2.3% above the three-year low of $11.61. UBS is a Swiss investment bank and financial services company.
Utility stocks fit this profile with their low market correlation and typically larger dividend payouts. These stocks usually have a flight-to-quality classification as well ??? when there is a broader market sell-off investors will go to utility stocks as a high yield safe haven.
Californian electricity and gas supplier PG&E filed for bankruptcy protection in January, in anticipation of significant expected liabilities from wildfires in the state. The bankruptcy poses a threat to California's climate change ambitions by putting in limbo dozens of large solar, wind, and other clean energy projects PG&E has contracted with other companies. Because PG&E can reject contracts in bankruptcy, energy developer esVolta LP said in papers filed with the U.S. Bankruptcy Court in San Francisco on Wednesday that it feared it would not be able to line up financing for its 75 megawatt Hummingbird battery storage project.
Announcement: Moody's announces completion of a periodic review of ratings of MEDNAX, Inc. New York, March 22, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of MEDNAX, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
It wasn't that long ago investors were face-to-face with a menacing bear in the major U.S. markets. The tangle, of course, proved shorter-lived than a sand castle built in a tidal pool at high tide. But that doesn't mean there aren't stocks trending lower. For investors seeking diversification from the U.S. market's raging bull, this trio of Chinese stocks is setting up nicely for short-sellers.Going across-the-pond and shorting Chinese stocks makes strategic sense, especially considering many of the country's leading names are still trading in bear markets. * 10 Stocks on the Rise Heading Into the Second Quarter Bottom line, it can be profitable to pick up others' unwanted garbage at bargain prices.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHowever, as I'll discuss below, the charts for Weibo (NASDAQ:WB), Sina (NASDAQ:SINA) and Baidu (NASDAQ:BIDU) strongly suggest otherwise. In fact, WB stock, SINA and BIDU are among the best short-selling opportunities in Chinese stocks: Weibo (WB) Click to EnlargeWhat can I say or more aptly, what can the chart of WB stock say other than the trend is your friend if you're a bear. A couple of weeks ago Weibo, a social media and gaming platform, announced quarterly results which on the surface sounded quite bullish.The Chinese stock beat Street earnings estimates by 5 cents with profits of 73 cents per share. Weibo also saw sales growth of 28% from a year prior that matched forecasts and issued in-line guidance for the company's first quarter. Nevertheless, it's been all downhill ever since for WB stock.Technically, Weibo's earnings report sent shares tumbling from a multi-day challenge of the 200-day simple moving average and firmly back into bear territory. Now, and a couple of weeks later, it's time to put shares on the radar for a short.Currently, this Chinese stock is toiling in a consolidation pattern wedged at the 62% retracement level from WB's 2016 - 2018 bull cycle. I'd suggest shorting WB beneath the recent low of $59.35 as shares breakdown.For money management, the recommendation is to use the three-day high for exiting. As of this writing that's $62.52. But if conditions go according to plan, a short trigger should reaffirm Weibo's bearish trend and put the 2019 low of $51.15 as a logical first target for profit-taking. Sina (SINA) Click to Enlarge SINA is another internet company which sounds a lot like the Yahoo portal, which offers users a vast and varied amount of content. And much like Yahoo, I have to wonder if anyone, other than my dad, goes there anymore to catch up on the news?Apparently, some other folks do use the SINA platform.SINA announced year-over-year sales growth of 13.8% earlier this month when it released its quarterly confessional. However, revenues were a tad weaker-than-forecast. Also, this Chinese stock's earnings doled up a big-time profit miss of 41 cents per share on actual earnings of 22 cents vs. estimates of 63 cents.Much like WB stock, earnings have taken their toll on SINA shareholders as the report resulted in this Chinese stock gapping lower out of a challenge of the 200-day simple moving average. But the trend looks even worse for bulls and stronger for bears on the provided weekly price chart.On the larger timeframe, SINA's downtrend has been firmly rooted in a consolidation period beneath the 62% retracement level. And with the earnings reaction helping break shares through angular support and a supportive-looking weekly stochastics set-up, SINA is in position for shorting. * 7 Dual-Class Stocks That Will Outperform My recommendation is to simply short SINA stock beneath the two-week doji closing low of $58.09. And to keep one's exposure contained off and on the price chart, a blended stop above $60.20 looks approachable. Baidu (BIDU) Click to Enlarge Not that I'm saving the best for last, but as the detailed chart work might hint at, BIDU has garnered this strategist's attention in the not-too-distant past. And on those many occasions, I've actually been a consistent supporter of buying this Chinese stock on weakness. But I recently changed my tune.In late February I cautioned investors against owning BIDU and even to short the tech giant. The bearish lean followed an overall much healthier-than-expected earnings report, but one which failed to rally shares despite having been largely left out of 2019's bullish run in the market.Fast forward a couple of weeks and despite both U.S. and China's benchmark averages rallying to fresh relative highs, BIDU stock has remained in the captivity of a bearish flag pattern beneath oodles of technical resistance.For like-minded investors that wish to trade this Chinese stock's friendly trend, for now, I'd put shares on the radar for shorting beneath the prior week's opening low of $165.60. That would have the impact of breaking the flag's angular support and a second attempt for BIDU reaffirming its bearish trend.For money management and to reduce unnecessary exposure on the Baidu price chart and in one's trading account, a blended stop above $173 looks about right in today's market.Similar to our last write-up, the 50% retracement level near $147 looks like a good spot to take initial profits. And if conditions become even more favorable, angular trend-line support near $135 would be a second area to lock in profitable gains.Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies, related musings or to ask a question, you can find and follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks That Will Continue to Rebound in 2019 * 5 Stocks To Buy for the Happiest Employees * 7 ETFs for a Millennial Portfolio Compare Brokers The post 3 Chinese Stocks to Take a Bite Out Of appeared first on InvestorPlace.
CNBC combed through Wall Street research over the last week to see what stocks are feeling the Amazon effect.
Murphy Oil's (MUR) subsidiary enters into an agreement to sell Malaysian assets. It intends to utilize the proceeds to develop domestic oil assets, strengthen its balance sheet and buy back shares.
Why Semiconductor Stocks Soared Yesterday(Continued from Prior Part)Micron’s second-quarter resultsMicron (MU), the largest US chip maker, topped earnings and revenue estimates in the second quarter of fiscal 2019. Its EPS of $1.71 beat
Why Semiconductor Stocks Soared YesterdaySemiconductor stocks are riding high On March 21, US and South Korean semiconductor stocks surged after chip maker Micron Technology (MU) reported upbeat fiscal 2019 second-quarter results (for the period that
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
When Will DRAM and NAND Market Forces Be Favorable for Micron?(Continued from Prior Part)Micron’s NAND earnings Micron Technology (MU) has been shifting to higher-value NAND (negative-AND) solutions, which accounted for 50% of the company’s NAND
Beijing Chaoyang District Court said on Friday that Evoque, whose latest model was launched in 2018, had five unique features that were copied directly in the Landwind X7 built by Jiangling Motors, leading to widespread consumer confusion. The court ruled that all sales, manufacturing and marketing of the Landwind vehicle must stop immediately and Jaguar Land Rover be paid compensation.
When Will DRAM and NAND Market Forces Be Favorable for Micron?(Continued from Prior Part)Micron’s NAND strategy Micron Technology’s (MU) core business is DRAM (dynamic random-access memory). The company also offers NAND (negative-AND), which is