NBA Fearless Forecast Weekly Rank: 161
NBA Fearless Forecast Weekly Rank: 161
Micron Technology (NASDAQ: MU) shares are on a tear. This morning, the tech specialist announced it is initiating coverage of Micron Technology stock with a buy rating and a $80 price target that implies 35% upside from today's share price of $59 and change. Let's start with the glaringly obvious: Micron stock is cheap.
When FuelCell Energy Inc (NASDAQ:FCEL) released its most recent earnings update (30 April 2018), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. Being able to interpret how well FuelCell Energy has done so far requires weighing its performance against a benchmark, rather than looking at a standalone number at a point in time. FCEL is loss-making, with the most recent trailing twelve-month earnings of -US$55.20m (from 30 April 2018), which compared to last year has become more negative.
Southwest Airlines Co. LUV is faced with a new trouble related to the April 17 flight 1380 incident. Per media reports, a group of eight passengers aboard the Southwest flight in April has filed a lawsuit against the carrier in the Supreme Court of New York. The tragic incident in April forced the carrier to make an emergency landing at the Philadelphia International Airport due to an engine failure causing a fan blade to detach.
Bitcoin's (BTC) bears may be building for a strong comeback, having pushed prices to a eight-day low below $6,300 earlier on Friday. As discussed yesterday, the cryptocurrency's persistent failure to scale the $6,800 mark in a convincing manner had raised the prospects of another leg down inÂ bitcoin prices. Bitcoin breached the key support of $6,620 a couple of hours ago â signaling that the relief rally from the June 13 low of $6,108 has ended at $6,850 (June 18 high) and the bears have regained control.
Chesapeake Energy: Will the Bulls or Bears Win? (Continued from Prior Part) Increasing margins Chesapeake Energy (CHK) has been focusing on cutting its costs and improving its margins. In the first quarter, Chesapeake Energy’s revenue per boe (barrel
Rather, with shares of the so-called "Netflix of China" up more than 96% in the month leading up to yesterday's close, today's drop is likely the result of traders taking some of their recent profits off the table. Of course, it likely helps that iQiyi only just held its initial public offering after spinning off from former parent company Baidu in late March 2018, leaving the stock susceptible to more than its fair share of post-IPO hype and volatility.
Housing affordability hit its worst level in nearly a decade during the first quarter, according to Attom Data Solutions. Attom measures affordability by comparing average wages to median home prices to determine the share of income people need to spend on housing. Prospective buyers needed to shell out more because mortgage rates rose.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action after the company reported first quarter earnings that beat Wall Street expectations. Here's the performance of the components of the Nasdaq 100 Index as of 10:30 am ET: HSIC Henry Schein Inc 2.39% CMCSA Comcast Cl A 2.21% HOLX Hologic Inc 2.05% LBTYA Liberty Global plc Cl A 1.94% DISH DISH Network Corp Cl A 1.84% LBTYK Liberty Global plc Cl C 1.87% VOD Vodafone Grp Plc ADS 1.42% NTES Netease Inc Ads 1.16% FOXA(F) Twenty-First Century Fox Inc A 1.18% MAT Mattel, Inc 1.26% FOX(F) Twenty-First Century Fox Inc B 1.02% CHTR Charter Communications Inc 0.99% DISCA(HB) Discovery Inc Ser A 1.00% AAL American Airlines Grp inc 0.94% CSX CSX Corp 0.89% EXPE Expedia Grp Inc 0.87% INTC Intel Corp 0.75% QRTEA Qurate Retail Inc 0.85% DISCK(HB) Discovery Inc Ser C 0.71% TMUS T-Mobile US Inc 0.70% PCAR PACCAR Inc 0.73% DLTR Dollar Tree Inc 0.61% TRIP TripAdvisor Inc When-Issued 0.56% SBUX Starbucks Corp 0.45% VIAB Viacom Inc Cl 'B' 0.53% ORLY O'Reilly Automotive, Inc. 0.47% STX(HB) Seagate Tech 0.46% SIRI(HB) Sirius XM Hldgs Inc 0.56% SBAC SBA Communications'A' 0.34% INCY Incyte Corp 0.29% KHC The Kraft Heinz Company 0.30% ADP Automatic Data Proc 0.30% CERN Cerner Corp 0.33% ULTA Ulta Beauty Inc 0.24% NXPI NXP Semiconductors N.V. 0.09% COST Costco Wholesale Corp 0.12% MNST Monster Beverage Corporation 0.11% MDLZ Mondelez Int'l Inc Cl A 0.07% XRAY Dentsply Sirona Inc 0.07% HAS Hasbro Inc 0.09% WBA Walgreen Boots Alliance Inc -0.07% PAYX Paychex Inc 0.01% VRSK Verisk Analytics Inc -0.07% BIDU(HB) Baidu Inc -0.18% CTSH Cognizant Tech Solutions'A' -0.05% JD JD.com Inc -0.12% AAPL Apple Inc -0.22% ALXN Alexion Pharmaceuticals -0.18% ESRX Express Scripts Hldg Co -0.21% QCOM Qualcomm Inc -0.32% FISV Fiserv Inc -0.22% AVGO(HB) Broadcom Inc -0.19% FAST Fastenal Co -0.22% CTAS Cintas Corp -0.31% CELG Celgene Corp -0.37% TXN Texas Instruments -0.35% VRTX Vertex Pharmaceuticals -0.32% ADI Analog Devices -0.33% MXIM Maxim Integrated Prod -0.43% BMRN Biomarin Pharmaceutical -0.27% CA CA Inc -0.44% AMGN Amgen Inc -0.47% NCLH Norwegian Cruise Line Hldg -0.42% AMZN Amazon.com Inc -0.49% REGN Regeneron Pharmaceuticals -0.50% $NDX.X Nasdaq 100 -0.51% BIIB Biogen Inc -0.55% CSCO Cisco Systems -0.54% AABA(HB) Altaba Inc -0.61% NFLX Netflix Inc -0.67% MAR Marriott Int'l Cl A -0.65% SHPG Shire plc ADS -0.65% EBAY eBay Inc -0.68% TSCO Tractor Supply -0.64% LILAK(HB) Liberty Latin America Ltd Cl C -0.71% SYMC(E) Symantec Corp -0.67% FB Facebook Inc -0.72% SWKS Skyworks Solutions -0.67% LILA(HB) Liberty Latin America Ltd Cl A -0.71% ROST(HB) Ross Stores -0.72% ATVI Activision Blizzard Inc -0.76% GILD Gilead Sciences -0.82% GOOGL Alphabet Inc Cl A -0.79% GOOG Alphabet Inc Cl C Cap Stock -0.81% MYL Mylan NV -0.85% EA Electronic Arts, Inc. -0.90% ISRG Intuitive Surgical -0.89% ILMN Illumina Inc -0.96% WDC Western Digital -0.98% XLNX Xilinx Inc -0.95% BKNG(HB) Booking Hldgs Inc -1.06% MCHP Microchip Tech -1.08% CTRP Ctrip.com Intl Ltd -1.12% PYPL(HB) PayPal Hldgs Inc -1.24% AKAM Akamai Technologies -1.29% INTU Intuit Inc -1.32% MSFT Microsoft Corp -1.37% LRCX Lam Research -1.35% CHKP(HB) Check Point Software Tech -1.39% ADBE Adobe Systems -1.68% CTXS Citrix Systems Inc -2.08% ADSK Autodesk, Inc -2.27% MU Micron Tech -2.42% NVDA Nvidia Corp -2.45% AMAT Applied Materials -2.44% TSLA Tesla Inc -2.81% KLAC KLA-Tencor Corp -4.37%
There are a number of reasons that attract investors towards large-cap companies such as General Electric Company (NYSE:GE), with a market cap of US$112.48b. Let’s take a look at General Electric’s leverage and assess its financial strength to get an idea of their ability to fund strategic acquisitions and grow through cyclical pressures. How does GE’s operating cash flow stack up against its debt?
I am writing today to help inform people who are new to the stock market and want to better understand how you can grow your money by investing in Universal Display Corporation (NASDAQ:OLED). Universal Display Corporation (NASDAQ:OLED) is trading with a trailing P/E of 42.3x, which is higher than the industry average of 22.8x. While OLED might seem like a stock to avoid or sell if you own it, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions.
Can Cheniere Energy Continue to Gain Upward Momentum? (Continued from Prior Part) Analyst ratings for Cheniere Energy 81% of analysts surveyed by Reuters rate Cheniere Energy (LNG) a “buy” as of June 20 while the remaining 19% rate it a “hold.” Cheniere
Although NVIDIA had, smartly, turned its focus on the booming market for graphics processors for personal computers (and even publicly claimed that it passed on providing chips for the Sony PlayStation 4 because of low profit margins on game console chips), the company began supplying chips for a high-profile game console last year -- the Nintendo Switch.
Verizon (NYSE: VZ) and Frontier Communications (NASDAQ: FTR) are two companies in dramatically different positions. If you own Verizon, it's because you believe the company can continue its dominance. Shareholders in Frontier likely either believe the company's long, arduous path to growth will succeed, or that it will be purchased at a premium over its current price.
Here are some things going on today in the world of tech: Red Hat fails to meet high expectations Shares of Linux and open-source software distributor Red Hat (RHT) are down $20.39, or over 12%, at $145.34, after the company yesterday afternoon reported fiscal Q1 revenue and profit that topped analysts’ expectations, but also forecast this quarter’s results lower and cut its outlook for this year’s revenue. The cut in outlook, the company said, was solely to account for the rise in exchange rates, which lower the company’s dollar-denominated results. In addition to the cut in outlook, the company’s “billings” number, $709 million, came up short of the consensus $721 million.
Signage is displayed on a shopping cart outside a Rite Aid Corp. store in Hercules, California, U.S., on Tuesday, Jan. 2, 2018. Rite Aid said it has established a special stockholders meeting for Aug. 9 to vote on a proposal to approve its merger with Albertsons amid opposition by some investors who’ve been trying to derail the deal. The vote is for shareholders of record as of Friday, June 22, the company said in a statement Thursday.
ConocoPhillips (NYSE: COP) and ExxonMobil Corporation (NYSE: XOM) are both large, international oil and natural gas producers. In 2012, ConocoPhillips decided to spin off its downstream operations. When it broke off Phillips 66, all of its pipeline and processing assets went with it, making ConocoPhillips a pure play on the upstream energy business.
According to Statista estimates, unit sales of action cameras were 8.4 million in 2015 and 10.5 million in 2016. As per industry estimates, the action camera market is expected to grow at a compound annual growth rate of 15% between 2017 and 2023, indicating unit sales of over 12 million in 2017. GoPro (GPRO) shipped 4.8 million units in 2016, indicating a share of over 45%.
A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. Over the past 10 years, Bank of America Corporation (NYSE:BAC) has returned an average of 1.00% per year to shareholders in terms of dividend yield. Let’s take a look at Bank of America in more detail.
The size of CSX Corporation (NASDAQ:CSX), a US$56.75b large-cap, often attracts investors seeking a reliable investment in the stock market. Big corporations are much sought after by risk-averse investors who find diversified revenue streams and strong capital returns attractive. This article will examine CSX’s financial liquidity and debt levels to get an idea of whether the company can deal with cyclical downturns and maintain funds to accommodate strategic spending for future growth.
In this commentary, I will examine Gilead Sciences Inc’s (NASDAQ:GILD) latest earnings update (31 March 2018) and compare these figures against its performance over the past couple of years, as well as how the rest of the biotechs industry performed.
With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. Today I will analyse the most recent data on F5 Networks’s outlook and valuation to see if the opportunity still exists. Is F5 Networks still cheap?
It's easy for many investors to brush aside companies like Ford Motor Company (NYSE: F), which is struggling to convince investors it has upside as the U.S. new vehicle market slows, and The Hershey Company (NYSE: HSY) as snacking trends seem to be tilting toward healthier options. While Ford's smart mobility and innovative transportation solutions haven't made headlines as large as General Motors', the automaker is focused on transforming its business.
Alibaba (BABA) has dreams: it wants to be able to ship e-commerce orders in China within 24 hours and globally within 72 hours. Alibaba recently partnered with Emirates SkyCargo to move toward its goal of shipping orders across the globe within 72 hours. Emirates is the flagship carrier of United Arab Emirates (or UAE), and SkyCargo is its freight division.
General Electric: Is the Bottom Yet to Come? GE’s stock price movement On June 21, General Electric (GE) stock hit a fresh low of $12.61. The last time GE stock witnessed these levels in intraday trade was July 2009 during the financial crisis era. Yesterday