U.S. equities continued their upward push on Monday, clearing technical resistance from the late-2018 highs near the 2,800 level on the S&P 500. Investors are looking past everything from a lack of a U.K. Brexit deal to no progress on the China-U.S. trade front. Instead, the focus is on buying into lagging, under-owned and under-valued
The Federal Reserve rate hike in 2018 created a positive environment for investors in the financial sector and it has boosted financial stocks. The higher the interest rate, the wider the rate spread and the bigger the profit margin for banks and credit card companies. U.S. Financials, especially Bank of America (NYSE: BAC) and Citigroup (NYSE:C)
Amid the big, broad rally in tech stocks in 2019, one not-so-insignificant factoid that has been largely swept under the rug is that the godfather of all tech stocks, Amazon (NASDAQ:AMZN), has actually been a laggard this year. Source: Shutterstock So far this year, Amazon stock is up 12%. That’s good. But it’s below average.
Facebook (NASDAQ:FB) has become one of the world’s most-criticized companies and one of the most controversial stocks on Wall Street over the past year. Yet despite the negative headlines and commentary, FB stock has been extremely resilient. Nomura Instinet analyst Mark Kelley recently upgraded Facebook stock to buy from neutral. Kelley’s bullish thesis for the
Shares of global pharma giant Eli Lilly (NYSE:LLY) have performed incredibly well over the past decade, rising more than 350% as the market gained 300%. But, the LLY stock rally has kicked into overdrive during the past year. Shares are up more than 60% while the Dow Jones Industrial Average is pretty much flat over
When investing, it is important not to be fooled by low valuations. That is to say, just because a stock has a cheap valuation relative to the market or its peers, that doesn’t mean that the stock is a good buy. Instead, a cheap valuation is often reflective of weak fundamentals. If the fundamentals stay
U.S. same-restaurant sales dipped into negative territory in February for the first time in nine months. A potentially softening U.S. restaurant environment suggests investors need to be even more selective when it comes to choosing restaurant stocks. Morgan Stanley analyst John Glass recently said investors should focus their attention on fast food stocks in 2019.
The bullish move of stocks since late December has certainly been impressive. It does show how quickly sentiment can change. Source: Shutterstock Yet the macroeconomic environment still looks dicey. Some of the recent economic data – such as the jobs numbers and home sales – point to a slowing of the U.S. economy. In the
Did Tesla (NASDAQ:TSLA) and Tesla stock get a much-needed shot in the arm? Source: Tesla Ford (NYSE:F) CEO Jim Hackett’s heart probably skipped a beat if he was watching Tesla’s reveal of the Model Y SUV. That’s because, during the reveal, CEO Elon Musk predicted that his company would eventually sell more Model Ys than Model
U.S. equities are pausing for breath on Thursday, amid nagging concerns about the fate of U.S.-China trade talks and ongoing woes for Boeing (NYSE:BA) after President Trump grounded the 787 MAX — becoming the last country to do so after two fatal crashes of similar circumstances in the last five months. The drag on the
Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL) are following completely opposite strategies for accelerating their growth. Amazon’s strategy looks poised to be much more beneficial for Amazon stock than Apple’s strategy will be for Apple stock. Source: Shutterstock By selling more smart speakers and other smart-home devices, Amazon is seeking to greatly improve its consumer-electronics
One of my favorite stocks on Wall Street is digital education platform Chegg (NYSE::CHGG). The bull thesis on Chegg stock is simple. The world is becoming more digital than ever. This includes the education sector. But, there is currently no at-scale, uniform, low-cost provider of digital education services globally for high school and college students.
I’m pretty sure that Tim Cook and the executives at Apple (NASDAQ:AAPL) aren’t necessarily fond of people like me. That’s not because I’m lacking as an AAPL fan. In fact, I love their products and have a lot of them. It’s just that I’m content with the ones I already own. I kept my iPhone
U.S. equities bounce back on Monday despite all the drama surrounding Boeing (NYSE:BA) as it faces trouble with its 737 MAX airliner after a series of two fatal crashes within five months. There were no survivors from either. And the circumstances of the tragedies look similar. But outside of that, the market seems ready to
There are some stocks that I consider buying on every dip, and Boeing (NYSE:BA) stock is one of them. But I wish the latest opportunity was under different circumstances. Source: Shutterstock Boeing stock is down after the crash of a Boeing 737 Max 8 Jet. So many lives lost … our thoughts are with the families.
Finding cheap stocks to buy in this market is a challenge. Broad market indices aren’t far from all-time highs. Yet risks abound. The bull market has been going strong for a decade. Trade battles still haven’t been resolved. And at some point, the U.S. macroeconomic situation will reverse. But there are opportunities out there, and
Snap (NYSE: SNAP) stock has defied its many vociferous critics, surging an incredible 79% since the beginning of the year. Snap stock has been hovering around $10, after falling below $5 as recently as the end of December. Source: Shutterstock The critics of SNAP stock will point out that the shares are still nearly 45%
After a red-hot start to the year, shares of Netflix (NASDAQ:NFLX) have been under pressure over the past few days. There are several negative catalysts behind this recent weakness in Netflix stock. A senior executive, who had been with the company for seven years, left. The competition buffed out its content portfolio. There was a
Amazon (NASDAQ:AMZN), like many tech stocks, continues to recover from the market’s late 2018 tech slump. The AMZN stock has risen by nearly 28% since its Christmas eve low. Moreover, the company is on track to deliver an expected 35.7% earnings increase this year. Rarely does a behemoth deliver such growth. Source: Shutterstock However, missteps
After an incredible rally to start the year, equity markets are under pressure this week. We have had sustained selling and all efforts to buy the dip have so far failed. In that sense, it’s reminiscent of what happened in December, which means companies reporting earnings this week are at a disadvantage during this headline
It’s been over a week and people are still giving Warren Buffett a hard time. That’s all because Kraft Heinz (NYSE:KHC) is quickly becoming a dumpster fire of epic proportions. With disappointing earnings, lower revenues, a 36% dividend cut and pending asset sales, Buffett’s decision to get in bed with 3G Capital is looking like
One of the biggest trends in global entertainment is online video games. Based on the latest projections from Goldman Sachs, leading video game stocks have a long runway of growth ahead. Goldman analyst Michael Ng estimates the worldwide gaming market is worth about $135 billion and is growing at a high-single-digit pace, including PC, console
Palo Alto Networks (NASDAQ:PANW) stock has had quite a wild ride since the beginning of Q4 last year. Source: Shutterstock Things were looking good for Palo Alto for most of 2018, until the tech selloff started. PANW stock slid more than 40% into the end of the year. But that’s why its current three-month performance
There has been a lot of talk about Canadian cannabis companies over the past several months. Most of that talk has been positive, and a lot of it has centered around Canadian cannabis leader Canopy Growth (NYSE:CGC). Consequently, over the past year, CGC stock has rallied more than 75%. Source: Shutterstock But, no one ever seems