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This basket consists of S&P 500 companies with women at the helm.
Ideally, your overall portfolio should beat the market average. But the main game is to find enough winners to more...
Investing.com - This week investors will be watching to see how the Federal Reserve may respond to recession fears whipped up by the inversion of the Treasury yield curve.
NASA has more than 60 years of space experience to share with private industry -- and it will do so in the hopes of getting back to the moon faster.
More than 10 years ago Ryan and Courtney Luke were both working, but with nothing to show for it except big cars and big debts. The Phoenix, Ariz. couple was making $72,000 in take-home pay, yet Ryan had $20,000 of debt, between the loan for his Nissan XTerra (NSANY) and the wedding band and engagement ring he bought on a credit card for his bride. With all their money tied up in their cars and debts, they couldn’t afford to spend on other activities or experiences, said Ryan, a 35-year-old police lieutenant at a large law enforcement agency in Arizona.
Nvidia Corp. headed back toward a $100 billion market cap Friday morning, after detailing earnings that showed its core business is back on track after a crypto-mining-influenced crash over the past year.
In this article we are going to estimate the intrinsic value of HP Inc. (NYSE:HPQ) by taking the foreast future cash...
EVP, Chief Investment Off. of Ventas Inc (30-Year Financial, Insider Trades) John D. Cobb (insider trades) sold 10,000 shares of VTR on 08/15/2019 at an average price of $72.54 a share. Continue reading...
The Trump Administration has reportedly given informal approval for a major F-16 deal with Taiwan. But lawmakers worry the deal could just be a bargaining chip in trade war negotiations with China.
Canada on Friday announced a multi-billion dollar contract with General Dynamics Corp for equipment that will be manufactured in a region where the ruling Liberals need to do well in an October election. Defence Minister Harjit Sajjan said Ottawa would buy 360 light armored vehicles from General Dynamics Land Systems Canada in a deal worth up to C$3 billion ($2.26 billion). The vehicles will be built in London, in the province of Ontario.
Friday was a big day for investors. On Thursday, we said bulls would have liked to see a bigger rebound following Wednesday's brutal beating. But Friday proved strong, with U.S. stocks posting impressive gains across the board. * 10 Cheap Dividend Stocks to Load Up On Let's look at a few top stock trades going forward.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Top Stock Trades for Tomorrow: Advanced Micro Devices (AMD) Advanced Micro Devices (NASDAQ:AMD) has been all over the map lately. Luckily, we're getting new levels to work with on the charts.For now, the 100-day moving average is buoying the stock, with short-term uptrend support also helping to guide AMD higher. Ideally, bulls will see shares reclaim prior uptrend support (blue line), as well as the 20-day and 50-day moving averages.If AMD stock can do that, a test of resistance between $34 and $34.50 is on the table. If it can't reclaim these levels, they may act as resistance going forward. That puts the 100-day back on the table.If it falls below the 100-day, the $29.21 lows and the $27.65 lows are possible. Bank of America (BAC)Is Bank of America (NYSE:BAC) a safe buy? It's hard not to like the stock down here. Not only has this $26.25 to $26.50 area proven to be solid-range support for all of 2019, but BAC stock has put in three straight days with almost identical lows.The fact that these lows held gives longs a great risk/reward situation. $26 can be a stop out point for longs, while they look for a rebound higher. $27.50 is a conservative target, but $28 doesn't seem to be out of the picture.A rebound up to the 50-day and 100-day confluence near $28.75 also seams reasonable. Remember, this stock was at $31 a few weeks ago and these big shakeouts have usually been good buying opportunities. Near range support, it's a worthy risk. Facebook (FB)Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is holding trend right now, while Amazon (NASDAQ:AMZN) has quite a bit of support nearby too. Facebook (NASDAQ:FB) though? Shares are looking suspect at the moment.So far, support is holding near $179 to $180, but downtrend resistance (blue line) is squeezing FB lower. Falling below most of its major moving averages isn't helping the bulls' case either.Over downtrend resistance will help, but for FB stock to really have upside potential, it needs to clear its 50-day and 100-day moving averages. Below $180, and range support at $160 is in play. General Electric (GE)What a wild ride this one has been on the past two days. Shares of General Electric (NYSE:GE) were pulverized on Thursday after a whistleblower cited concern over the company's accounting. The CEO shot back and put his money where his mouth is, buying $2 million worth of stock.The recent lows held well, as GE stock charges back toward $9. Now though, it's key to see if General Electric can reclaim the $9 to $9.25 area or if this zone acts as resistance. Deere (DE)Deere (NYSE:DE) stock is up almost 4% heading into the weekend after the company reported its quarterly results after the close. I don't love the set up in Deere, particularly given the current trading environment. However, shares did test roughly the same low for three straight sessions, all of which held.Anyone taking a long flyer on DE should note that level -- approximately $141 -- as their potential stop out mark. If shares break out over short-term downtrend resistance (blue line), a run to the 200-day is possible. If $142.50 holds as support, bulls can stay long.A breakdown below $141 could send DE stock down to $132.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long BAC, AMZN and GOOGL. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post 5 Top Stock Trades for Monday: AMD, BAC, FB, GE, DE appeared first on InvestorPlace.
Despite a rough few weeks in the tech sector, graphics chip maker Nvidia (NASDAQ:NVDA) may be set for a bounce. Reporting both revenue growth and an increased net income, the Nvidia stock price rose 7% after the company released second-quarter earnings today that beat analysts' estimates. And those estimates were already on the optimistic side.Source: Shutterstock Yet, despite the strong operating performance, NVDA stock has somewhat lagged the market for most of the year, and even now, with this surge, isn't impressing too much. Nvidia stock is now trading at $159, showing about an 19% increase for the year. That compares to the 15% gain year to date for the S&P 500 Index and 20% for the Nasdaq Composite.Nvidia reported adjusted earnings per share of $1.24 for its fiscal second quarter, versus the Wall Street consensus of $1.15. Revenues increased slightly from $2.222 billion in the first quarter to $2.58 billion for the quarter ending July 29. The overall improved performance suggests that the recent slump in orders of high-end graphic chips has eased. The chip market may be headed towards a revival in demand from video game makers as well as large data centers.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSo are we set for a longer-term rebound in NVDA stock? The fundamentals certainly look strong. * 10 Cheap Dividend Stocks to Load Up On Here are three reasons why Nvidia may be a buy after the recent solid earnings release. Strong Revenues for Nvidia StockRevenues across all business units increased from the previous quarter, according to Nvidia's earnings release. Chief Executive Officer Jensen Huang explained on the earnings call that the recent slowdown in sales of video-gaming chips and processors for artificial intelligence computing was temporary. In recent quarters, revenues had shrunk slightly for three straight quarters. Huang attributes this to the fact that customers had been working through stockpiles of unused inventories.But now, Huang sees that customers are starting to buy again. The Hugh Bet on AI May Soon Pay OffThe often overlooked driver of future NIDIA stock price is it's up and coming product offerings in artificial intelligence (AI), a gargantuan market that is only beginning to take off. Nvidia's is carefully investing in domination in the AI market, which may be worth over $15 trillion by 2030.Indeed, the AI sector faces brutal competition, particularly from rival chip markets such as Advanced Micro Devices (NASDAQ:AMD) and the giant Intel (NASDAQ:INTC), who are all aggressively investing in offering products in the AI market.However, the AI market will grow to such an enormous size, that there will undoubtedly be room for more than one winner. "The competition should show up with something," CEO Huang said. "AI is going to be a large market for everybody, and the growth is ahead of us. The bottom is behind us."To some extent, NVDA has a bit of a first-mover advantage. For example, Nvidia pioneered the use of graphics chips to run AI software in the data centers that offer cloud computing. Its line of GeForce processors have proven to be the top choice for PC gamers demanding the highest performance and the highest resolution. Timing in Chips is Everything -- and Now May Be the Time for NVDAThe chip market is notoriously cyclical. Between the specter of a trade war with China, concerns about an upcoming consumer recession in the US, to the feast or famine culture of computer hardware supply chain - particularly in the video gaming industry -- chip stocks are highly volatile.For example, last year, Nvidia stock dropped from a high of $292 in September down to $129 just three months later. More recently, the NVDA stock price went from $178 in late July to $147 just before the earnings release. At the present level of $149, Nvidia stock has probably bottomed out for the time being. With whatever doubts about a chip market slow down behind it, the stock may now be at the beginning of an upcycle.Certainly, Nvidia is operating in a tough market with formidable rivals. However, most all the bad news about a market slow down, and aggressive pricing by its rivals is now baked into the price. Investors in chip stock focus on cycles and are well prepared for a ride. For Nvidia stock, we may have passed the market bottom and set for an eventual upswing.As of writing, Theodore Kim has no exposure to any of the above-mentioned stocks. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post With Solid Q2 Results, Nvidia May Bounce Back appeared first on InvestorPlace.
As both Nvidia and AMD compete to create the next best AI and cloud computing GPUs, the tech is only going to proliferate in performance and both companies stand to gain.
NVIDIA (NVDA) stock soared 6% in today’s trading session as its Q2 earnings for fiscal 2020 beat estimates. However, its guidance missed estimates.
Duke Energy hopes to award contracts for up to 680 megawatts worth of new renewable energy projects in the Carolinas — a little less than what it initially proposed.
Shares of Micron (NASDAQ:MU) have been volatile, which is no surprise given the current landscape of the stock market right now. Take virtually any news headline and it's easy to see its impact on the stock market.Source: Shutterstock The yield curve, slowing national economies like Germany, the market and currency implosion in Argentina and of course, the trade war, can all impact stocks. But the trade war is the big one for Micron stock because the conflict has a huge impact on semiconductor companies.In the case of MU, sometimes the impact of the conflict is direct and other times it's indirect. But if MU's semi, memory and chip peers -- like Applied Materials (NASDAQ:AMAT), Lam Research (NASDAQ:LRCX), Advanced Micro Devices (NASDAQ:AMD) and Western Digital (NASDAQ:WDC) -- are struggling, there's a good chance that MU stock will struggle too.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMoreover, supply/demand issues have weighed on memory manufacturers like MU as well. That's why we've slowly seen estimates for MU's top and bottom lines dwindle over the last nine months. * 10 Cheap Dividend Stocks to Load Up On There has been optimism that MU and its peers have reached a bottom. If that's the case, it would be quite a powerful positive catalyst for MU stock price. Valuing Micron StockThe one thing investors have always pounded the table on when it comes to MU is its low valuation. But that low valuation is there for a reason; specifically, MU operates in a boom-bust business cycle. When the climate is right, its sales and earnings surge. But when demand dries up or supply builds too much (or both), its earnings and revenue are hammered.No one wants to pay an average price=earnings multiple for that, let alone a premium. Some analysts, however, have said that if Micron stock traded with the same multiple as the S&P 500, then MU stock price would be much higher than it is.But modeling a price target on a stock based on the assumption that investors will dramatically raise its valuation is a fool's game. That doesn't happen often and when it does come to fruition, there's no way of knowing what the final valuation will be. Investors really need to analyze each stock based on its own merit and history.In Micron's case, it has a low valuation, and that probably won't change unless a modification of its underlying business alters its outlook. Analysts, on average, expect MU to generate earnings per share of $6.22 this year, leaving Micron valued at 6.75 times the average EPS estimate.However, the average EPS estimate for 2020 is just $2.50. If the average estimates prove correct, MU's EPS will sink 60% year-over-year in 2020, and MU stock is trading at 16.8 times its 2020 EPS. Moreover, the average estimates call for MU's sales to fall 24% this year and another 15% in 2020.The average estimates for 2020 may be too bearish, but that emphasizes exactly what we're talking about: Micron's business is too volatile to command a higher valuation. Trading MU Stock Click to EnlargeThe wild swings of MU's earnings and revenue are too much for many investors. For those who do want to buy Micron stock, perhaps it's best to accumulate it when the news has worsened considerably and sell the shares when it seems like blue skies for MU.On Tuesday, MU stock fired higher, briefly eclipsing $45. However, the prior resistance zone between $44 and $45 held it in check. It didn't help that Micron's 38.2% retracement level is near $44 as well, while its declining 20-day moving average was $43.11.We have been highlighting this resistance zone for months now, and there's currently a lot of resistance in this area.The rhetoric about MU is improving, but investors are still pretty cautious on the name. Luckily for the owners of Micron stock, the charts have somewhat definitive levels.Bulls either need to see Micron stock price overcome its resistance or get cheaper before buying Micron stock. Bulls who are waiting for the shares to overcome resistance should look for a close north of the $44-$45 zone. If that happens, MU stock can reach its July highs near $49.Aggressive bulls waiting for MU to get cheaper may feel confident near $41. There, MU stock price will be near the 50% retracement level and the 50-day moving average, which is trending higher. Conservative bulls may wait for a correction down into the $39 area. There it will encounter prior support from July, as well as the 200-day moving average. Further, the 61.8% retracement level near $38 should help boost MU stock.In either scenario, buyers need to use extreme caution below $38. If this level give way, MU can decline into the low- to mid-$30s.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post A Low-Risk Way to Trade Micron Stock appeared first on InvestorPlace.