Month: August 2018

As Argentina’s currency plungedand interest rates spiked this week, the South American country was at the epicenter of an emerging markets’ financial spiral that is expected to continue well into next year. Argentina’s peso steadied Friday after losing about 20 percent against the dollar since Tuesday as its central bank said it would auction dollar
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Shares of athletic apparel brand Under Armour (NYSE:UAA) dropped on Wednesday after Dick’s Sporting Goods (NYSE:DKS) pointed to weakness with the Under Armour brand in its second-quarter earnings report. UAA stock dropped to $20 on the news. Bulls aren’t surprised by this. Under Armour is expanding its distribution channel. Specifically, they are pouring more product
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The tech sector is one of the strongest sectors in the market right now, and the same has held true throughout 2018. Indeed, Goldman Sachs report told investors that the best sectors to invest in right now are tech stocks and financial. Strategist David Kostin wrote, “Put simply, growth will drive technology share prices higher.”
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Slow and steady wins the race, as the old adage goes. But slow and steady can be a bit boring. Investors looking for stocks to buy, as a rule, should focus on high-quality, and preferably, lower-risk issues. Still, there’s room in any investor’s portfolio for higher-risk, higher-reward plays — as long as those risks are
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Entertainment stocks have been having a moment in the sun as improvements in technology make content more engaging and more accessible across the globe. While the shifting industry landscape can pose a challenge for large companies that need time to make major strategy shifts, it has also opened the door for others to innovate and
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The U.S. economy looks like it’s getting stronger. Just this week, the GDP for last quarter was adjusted upward to 4.2% for the quarter. That almost doubled GDP in Q1. While that expansion hasn’t filtered down to workers yet, it does show that companies are back on track and hiring. This is looking like the
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After a crowded sports year, which included the Winter Olympics and the World Cup, we’re finally back to what matters — the NFL. Americans love major sporting events, but none resonates more deeply than the National Football League. With the season opener mere days away, it’s time to consider stocks to buy that benefit from
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Check out the companies making headlines after the bell: American Outdoor Brands shares skyrocketed 20 percent in the extended session after a first-quarter earnings beat. The Smith & Wesson parent company earned 21 cents per share for the quarter, up 9 cents from Wall Street’s expectations of 12 cents per share. It also beat estimates
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Clothing retailer Guess (NYSE:GES) just reported exceptional second-quarter numbers that affirm that this company’s multi-quarter rebound narrative remains on track. In response to those strong numbers, GES stock jumped higher by more than 10%. While it may be tempting to jump into this red-hot retail stock, I’d caution investors not to overpay for exposure to
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On the surface, iPass (NASDAQ:IPAS) appears to be a compelling investment. A mobile connectivity and location-technology provider, IPAS stock is levered toward an ultra-high demand industry. Investors prize leading companies like Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Amazon.com (NASDAQ:AMZN) not just for their primary businesses, but also for their useable analytics. On that front, iPass delivers the goods.
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After nearly a decade of impressive gains across all three major stock indexes, investors are understandably starting to get a little bit nervous about where the market is headed. After all, share prices can’t continue to rise indefinitely … can they? Many analysts are predicting that the bears will have their reckoning next year, but
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Federal authorities announced Wednesday that Cleveland Browns linebacker Mychal Kendricks and television writer/producer Damilare Sonoiki have been indicted on insider trading charges. U.S. Attorney William M. McSwain said in a news conference that Kendricks allegedly received non-public information about corporate mergers in 2014 from Sonoiki, who was an employee at Goldman Sachs at the time.
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