Advertisements


California attorney general alleges home flipper Wedgewood illegally evicted tenants

Atty. Gen. Rob Bonta and the Redondo Beach-based company reached a $3.5 million settlement over illegal eviction allegations, which the company denies Atty. Gen. Rob Bonta and the Redondo Beach-based company reached a $3.5 million settlement over illegal eviction allegations, which the company denies.....»»

Source:  latimesCategory: top~50 min. ago Related News

: ‘How much or how little money changes hands doesn’t make it philanthropy’: MacKenzie Scott declines to reveal who got money in her latest round of giving

Scott says she left dollar amounts and recipients out of her announcement in hopes of promoting a broader definition of ‘philanthropy.’.....»»

Source:  marketwatchCategory: top~1 hr. 5 min. ago Related News

Next Avenue: Fixing the racial wealth gap with reparations: How it would work, who would qualify, and how much it might cost

Can it save future generations? Some advocates say it could help close the yawning chasm between the economic status of Black and white Americans......»»

Source:  marketwatchCategory: top~1 hr. 5 min. ago Related News

NerdWallet: Negotiating a good price on a car comes down to this one thing

It's not easy to buy a car these days, or get a good price. This is the one question you need to ask the dealer......»»

Source:  marketwatchCategory: top~1 hr. 5 min. ago Related News

The Moneyist: My late mother’s will was signed under ‘suspicious circumstances.’ My father emptied her $2M estate — and now lives with his much younger wife.

'Her will — in my opinion fake, but I can't prove it — was signed weeks before her death under suspicious circumstances, and creates a trust.'.....»»

Source:  marketwatchCategory: top~1 hr. 5 min. ago Related News

Market Snapshot: U.S. stock futures consolidate after three days of gains

U.S. stock futures on Thursday edged lower after three days of gains, as attention moves to upcoming inflation data......»»

Source:  marketwatchCategory: top~1 hr. 5 min. ago Related News

Kelley Blue Book: VW’s new ID.4 delivers a roomy, modern EV with good range and an AWD that’s a delight to drive

The all-new compact SUV proves that Volkswagen is serious about going electric......»»

Source:  marketwatchCategory: top~1 hr. 5 min. ago Related News

8659 Single Purchase Test

Test Summary To view the full story, click the title link......»»

Source:  crainsnewyorkCategory: blog~1 hr. 49 min. ago Related News

GameStop (GME) Reports Q3 Loss, Lags Revenue Estimates

GameStop (GME) delivered earnings and revenue surprises of -531.82% and 0.49%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock? GameStop (GME) came out with a quarterly loss of $1.39 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to loss of $0.53 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -531.82%. A quarter ago, it was expected that this video game retailer would post a loss of $0.42 per share when it actually produced a loss of $0.76, delivering a surprise of -80.95%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.GameStop, which belongs to the Zacks Retail - Consumer Electronics industry, posted revenues of $1.3 billion for the quarter ended October 2021, missing the Zacks Consensus Estimate by 0.49%. This compares to year-ago revenues of $1 billion. The company has topped consensus revenue estimates two times over the last four quarters.The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.GameStop shares have added about 843.8% since the beginning of the year versus the S&P 500's gain of 24.8%.What's Next for GameStop?While GameStop has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.Ahead of this earnings release, the estimate revisions trend for GameStop: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $1.06 on $2 billion in revenues for the coming quarter and -$0.27 on $5.77 billion in revenues for the current fiscal year.Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Consumer Electronics is currently in the top 47% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.Another stock from the broader Zacks Retail-Wholesale sector, Walgreens Boots Alliance (WBA), has yet to report results for the quarter ended November 2021.This largest U.S. drugstore chain is expected to post quarterly earnings of $1.22 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 1.5% higher over the last 30 days to the current level.Walgreens Boots Alliance's revenues are expected to be $32.93 billion, down 9.3% from the year-ago quarter. Zacks’ Top Picks to Cash in on Artificial Intelligence This world-changing technology is projected to generate $100s of billions by 2025. From self-driving cars to consumer data analysis, people are relying on machines more than we ever have before. Now is the time to capitalize on the 4th Industrial Revolution. Zacks’ urgent special report reveals 6 AI picks investors need to know about today.See 6 Artificial Intelligence Stocks With Extreme Upside Potential>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report GameStop Corp. (GME): Free Stock Analysis Report Walgreens Boots Alliance, Inc. (WBA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Source:  zacksCategory: top~1 hr. 49 min. ago Related News

Phreesia (PHR) Reports Q3 Loss, Tops Revenue Estimates

Phreesia (PHR) delivered earnings and revenue surprises of -51.06% and 15.19%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock? Phreesia (PHR) came out with a quarterly loss of $0.71 per share versus the Zacks Consensus Estimate of a loss of $0.47. This compares to loss of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -51.06%. A quarter ago, it was expected that this developer of health care software would post a loss of $0.22 per share when it actually produced a loss of $0.48, delivering a surprise of -118.18%.Over the last four quarters, the company has not been able to surpass consensus EPS estimates.Phreesia, which belongs to the Zacks Medical Info Systems industry, posted revenues of $55.92 million for the quarter ended October 2021, surpassing the Zacks Consensus Estimate by 15.19%. This compares to year-ago revenues of $38.46 million. The company has topped consensus revenue estimates four times over the last four quarters.The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.Phreesia shares have lost about 1.7% since the beginning of the year versus the S&P 500's gain of 24.8%.What's Next for Phreesia?While Phreesia has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.Ahead of this earnings release, the estimate revisions trend for Phreesia: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.47 on $50.15 million in revenues for the coming quarter and -$1.67 on $197.99 million in revenues for the current fiscal year.Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical Info Systems is currently in the bottom 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.Another stock from the broader Zacks Medical sector, Eargo, Inc. (EAR), has yet to report results for the quarter ended September 2021.This company is expected to post quarterly loss of $0.36 per share in its upcoming report, which represents a year-over-year change of -108.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.Eargo, Inc.'s revenues are expected to be $23.63 million, up 29.9% from the year-ago quarter. Zacks’ Top Picks to Cash in on Artificial Intelligence This world-changing technology is projected to generate $100s of billions by 2025. From self-driving cars to consumer data analysis, people are relying on machines more than we ever have before. Now is the time to capitalize on the 4th Industrial Revolution. Zacks’ urgent special report reveals 6 AI picks investors need to know about today.See 6 Artificial Intelligence Stocks With Extreme Upside Potential>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Phreesia, Inc. (PHR): Free Stock Analysis Report Eargo, Inc. (EAR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Source:  zacksCategory: top~1 hr. 49 min. ago Related News

Oxford Industries (OXM) Q3 Earnings and Revenues Top Estimates

Oxford Industries (OXM) delivered earnings and revenue surprises of 310.34% and 8.80%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock? Oxford Industries (OXM) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to loss of $0.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 310.34%. A quarter ago, it was expected that this owner of the Tommy Bahama, Lilly Pulitzer and Southern Tide clothing lines would post earnings of $2.33 per share when it actually produced earnings of $3.24, delivering a surprise of 39.06%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Oxford Industries, which belongs to the Zacks Textile - Apparel industry, posted revenues of $247.73 million for the quarter ended October 2021, surpassing the Zacks Consensus Estimate by 8.80%. This compares to year-ago revenues of $175.14 million. The company has topped consensus revenue estimates four times over the last four quarters.The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.Oxford Industries shares have added about 62.3% since the beginning of the year versus the S&P 500's gain of 24.8%.What's Next for Oxford Industries?While Oxford Industries has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.Ahead of this earnings release, the estimate revisions trend for Oxford Industries: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $1.26 on $281.36 million in revenues for the coming quarter and $6.68 on $1.1 billion in revenues for the current fiscal year.Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Textile - Apparel is currently in the top 20% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.Lululemon (LULU), another stock in the same industry, has yet to report results for the quarter ended October 2021. The results are expected to be released on December 9.This athletic apparel maker is expected to post quarterly earnings of $1.39 per share in its upcoming report, which represents a year-over-year change of +19.8%. The consensus EPS estimate for the quarter has been revised 0.3% higher over the last 30 days to the current level.Lululemon's revenues are expected to be $1.43 billion, up 28.1% from the year-ago quarter. Zacks’ Top Picks to Cash in on Artificial Intelligence This world-changing technology is projected to generate $100s of billions by 2025. From self-driving cars to consumer data analysis, people are relying on machines more than we ever have before. Now is the time to capitalize on the 4th Industrial Revolution. Zacks’ urgent special report reveals 6 AI picks investors need to know about today.See 6 Artificial Intelligence Stocks With Extreme Upside Potential>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Oxford Industries, Inc. (OXM): Free Stock Analysis Report lululemon athletica inc. (LULU): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Source:  zacksCategory: top~1 hr. 49 min. ago Related News

Sportsman"s Warehouse (SPWH) Lags Q3 Earnings Estimates

Sportsman's Warehouse (SPWH) delivered earnings and revenue surprises of -12.07% and 0.40%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock? Sportsman's Warehouse (SPWH) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.07%. A quarter ago, it was expected that this outdoor sporting goods specialty retailer would post earnings of $0.60 per share when it actually produced earnings of $0.44, delivering a surprise of -26.67%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Sportsman's Warehouse, which belongs to the Zacks Retail - Apparel and Shoes industry, posted revenues of $401.01 million for the quarter ended October 2021, surpassing the Zacks Consensus Estimate by 0.40%. This compares to year-ago revenues of $385.75 million. The company has topped consensus revenue estimates three times over the last four quarters.The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.Sportsman's Warehouse shares have lost about 27% since the beginning of the year versus the S&P 500's gain of 24.8%.What's Next for Sportsman's Warehouse?While Sportsman's Warehouse has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.Ahead of this earnings release, the estimate revisions trend for Sportsman's Warehouse: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.53 on $395.5 million in revenues for the coming quarter and $1.79 on $1.48 billion in revenues for the current fiscal year.Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Apparel and Shoes is currently in the top 22% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.One other stock from the broader Zacks Retail-Wholesale sector, Costco (COST), is yet to report results for the quarter ended November 2021. The results are expected to be released on December 9.This warehouse club operator is expected to post quarterly earnings of $2.59 per share in its upcoming report, which represents a year-over-year change of +13.1%. The consensus EPS estimate for the quarter has been revised 0.1% higher over the last 30 days to the current level.Costco's revenues are expected to be $50.02 billion, up 15.8% from the year-ago quarter. Zacks’ Top Picks to Cash in on Artificial Intelligence This world-changing technology is projected to generate $100s of billions by 2025. From self-driving cars to consumer data analysis, people are relying on machines more than we ever have before. Now is the time to capitalize on the 4th Industrial Revolution. Zacks’ urgent special report reveals 6 AI picks investors need to know about today.See 6 Artificial Intelligence Stocks With Extreme Upside Potential>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sportsman's Warehouse Holdings, Inc. (SPWH): Free Stock Analysis Report Costco Wholesale Corporation (COST): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Source:  zacksCategory: top~1 hr. 49 min. ago Related News

Skate to where the puck is going

As a dividend growth investor, my goal is to buy stock in a company that fits certain criteria. In general I look for: - A streak of consecutive annual dividend increases - Rising earnings per share over the past decade - A dividend payout ratio that is not too high  - An attractive valuation Once I see this, the goal is to accumulate a position, and sit tight. In a way, I am a long-term... To read the whole article, please click on the article title above......»»

Source:  dividendgrowthinvestorCategory: blog~1 hr. 49 min. ago Related News

Apple AirTags Being Used By Thieves To Steal Luxury Cars 

Apple AirTags Being Used By Thieves To Steal Luxury Cars  Apple AirTags is a great tracking device for when you lose your wallet or backpack. But thieves in Canada use the devices to track and steal luxury vehicles.  "Brand name 'air tags' are placed in out-of-sight areas of the target vehicles when they are parked in public places like malls or parking lots," York Regional Police wrote in a statement.  York Region is a municipality in Southern Ontario, Canada. Since September, there have been five known incidents where suspects placed AirTags on high-end vehicles so they could locate and steal later.  "Thieves then track the targeted vehicles to the victim's residence, where they are stolen from the driveway," police said.  York Regional Police provided an example of one AirTag found in a truck's trailer light socket.  AirTags use ultra-wideband technology and leverage Apple's crowdsourced Find My network of devices (there's an estimated one billion devices worldwide that detect and anonymously report emitted Bluetooth signals) to detect the puck-shaped beacons. Once a device pings the AirTag, a notification is sent to the owner of the precise location of the missing item. In this case, the location of the targeted car.  As new technology comes to market, car thieves utilize new devices to steal with ease. We noted months ago that British car thieves used a high-tech device disguised as a Nintendo Game Boy to steal cars in seconds.  Luxury car owners in the York Region might want to take a good look at their vehicle and examine for tracking devices. It's as simple as using a radio frequency detector to see if they're being tracked.   Tyler Durden Thu, 12/09/2021 - 02:45.....»»

Source:  zerohedgeCategory: blog~1 hr. 49 min. ago Related News

TV Show Mysteriously Deletes Poll After Vast Majority Oppose Mandatory Vaccination

TV Show Mysteriously Deletes Poll After Vast Majority Oppose Mandatory Vaccination.....»»

Source:  zerohedgeCategory: blog~1 hr. 49 min. ago Related News

WHO Europe Says Vaccine Mandates Should Be A "Last Resort"

WHO Europe Says Vaccine Mandates Should Be A "Last Resort" As the UK PM Boris Johnson contemplates imposing his "Plan B" round of restrictions on England (the other constituent nations of the UK are free to adopt their own rules and regulations surrounding COVID), other European leaders are warning against going overboard by imposing another round of lockdowns, or stringent vaccine mandates. And when it comes to this second item, it appears the WHO agrees. During a press briefing earlier this week, the head of the WHO's European branch cautioned European countries against making COVID jabs mandatory while simultaneously asking that European countries find ways to better protect both adults and children (even though severe cases among children with no comorbidities are extremely rare) from the virus. And while President Biden attempts to double down on his vaccine mandates in the US, WHO regional director Hans Kluge is asking that European nations avoid making vaccines compulsory. Instead, vaccine mandates should be "an absolute last resort and only applicable when all other feasible options to improve vaccination uptake have been exhausted." At any rate, the biggest COVID-related problem facing Europe isn't omicron, but an uptick in infections involving children in the five to 14-year age group. "It is not unusual today to see two to three times higher incidence among young children than in the average population," Kluge told a press conference. While infections involving children are typically mild, the health risks "extend beyond the children themselves," Kluge said, explaining that children risk spreading the virus to parents and grandparents at home. As for the question of vaccine mandates, Kluge said information is "context specific" and added that the effect mandates have on "public confidence and public trust" must also be considered. Instead of imposing mandates, "vaccinating children should be discussed and considered nationally" in each European nation, Kluge added. And schools should adopt improved ventilation measures, while making the use of masks a "standard" at all primary schools as part of adopting a "safe" learning environment. School closures, like lockdowns, should be avoided at all costs, Kluge said. While The WHO's European arm is concerned about rising cases of the omicron variant, Kluge said fighting the delta variant should remain the primary focus of public health officials, since it's still the dominant variant. "The problem now is Delta and however we succeed against Delta today is a win over Omicron tomorrow, before it eventually surges," Kluge said. The WHO's European region comprises 53 countries and territories, including several countries in Central Asia. Tyler Durden Thu, 12/09/2021 - 04:15.....»»

Source:  zerohedgeCategory: blog~1 hr. 49 min. ago Related News

New York City casino pitch includes cryptocurrency trading floor

The proposal from money manager Jason Ader also includes an e-sports arena and a landing pad for flying cars To view the full story, click the title link......»»

Source:  crainsnewyorkCategory: blog~3 hr. 49 min. ago Related News

Historic blunder?! State moves to protect Penn Station and MSG, jeopardizing redevelopment

In a bizarre step, a state agency says the awful train station should join the National Register of Historic Places To view the full story, click the title link......»»

Source:  crainsnewyorkCategory: blog~3 hr. 49 min. ago Related News

"Sex and the City" hotel rebounds

The 72-room Hotel Giraffe made its last mortgage payment in March 2020 To view the full story, click the title link......»»

Source:  crainsnewyorkCategory: blog~3 hr. 49 min. ago Related News

Deals of the Day: Dec. 8

A San Francisco VC firm opens a New York office, and Denali Management continues its buying spree across the city To view the full story, click the title link......»»

Source:  crainsnewyorkCategory: blog~3 hr. 49 min. ago Related News

Rethink expands to the U.S. with New York office

The Canadian shop behind buzz-creating campaigns for Kraft, Heinz and more is also joining the Dawn independent agency collective To view the full story, click the title link......»»

Source:  crainsnewyorkCategory: blog~3 hr. 49 min. ago Related News

Republicans prepare lawsuits to fight impending noncitizens voting rights law

The City Council is expected to pass a bill that would allow 800,000 undocumented workers the right to vote To view the full story, click the title link......»»

Source:  crainsnewyorkCategory: blog~3 hr. 49 min. ago Related News

City must appear in court over vaccine mandate lawsuit

The action was brought by a NYPD detective requesting a temporary restraining order against the requirement To view the full story, click the title link......»»

Source:  crainsnewyorkCategory: blog~3 hr. 49 min. ago Related News

CEO ‘deeply sorry’ after backlash to mass firing on Zoom

Better.com’s CEO said his decision to cut 900 jobs by video call embarrassed the company’s remaining employees To view the full story, click the title link......»»

Source:  crainsnewyorkCategory: blog~3 hr. 49 min. ago Related News

Winklevoss twins, Loeb among donors to Adams" $1.2M transition fund

The money will be used by the mayor-elect as he pulls together a staff and irons out policy priorities ahead of taking office To view the full story, click the title link......»»

Source:  crainsnewyorkCategory: blog~3 hr. 49 min. ago Related News

About Crain"s New York Business

Crain's New York Business is one of more than 20 publications owned by Crain Communications, one of the largest privately owned business media companies. Crain's New York Business covers what's... To view the full story, click the title link......»»

Source:  crainsnewyorkCategory: blog~3 hr. 49 min. ago Related News

Penny Stocks to Watch: What’s Going on With ZOM, DARE, PSFE, EFOI and AUUD Today?

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Penny stocks are still a hot topic among retail traders and we're covering some of the top ones to watch Wednesday that are on the move. The post Penny Stocks to Watch: What’s Going on With ZOM, DARE, PSFE, EFOI and AUUD Today? appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

7 Stocks to Watch as Omicron Takes Aim at the Holiday Travel Recovery Story

InvestorPlace - Stock Market News, Stock Advice & Trading Tips With the omicron variant of the novel coronavirus imposing a dark cloud over the travel industry, these are the stocks to watch. The post 7 Stocks to Watch as Omicron Takes Aim at the Holiday Travel Recovery Story appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

Avoid the Noise and Focus on What Matters for Vinco Ventures

InvestorPlace - Stock Market News, Stock Advice & Trading Tips BBIG stock is like a ship traveling in foggy weather right now. With fairly poor fundamentals, it's hard to see things turning out well. The post Avoid the Noise and Focus on What Matters for Vinco Ventures appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

EPAM Stock Alert: Mark Your Calendars for Dec. 14 as EPAM Systems Joins the S&P 500

InvestorPlace - Stock Market News, Stock Advice & Trading Tips EPAM stock is soaring today after an announcement that the company will be listed on the prestigious S&P 500 index. Here's what to know. The post EPAM Stock Alert: Mark Your Calendars for Dec. 14 as EPAM Systems Joins the S&P 500 appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

4 Once-Hot Stocks That Have Fallen the Farthest in 2021

InvestorPlace - Stock Market News, Stock Advice & Trading Tips After huge gains in 2020, these once-hot stocks have gotten crushed as investors adjust portfolios and market volatility persists. The post 4 Once-Hot Stocks That Have Fallen the Farthest in 2021 appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

Jumia Stock’s Recent Spike Isn’t a Reason to Buy

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Despite strong Black Friday sale numbers, it's still too early to say the story has completely changed with JMIA stock. Avoid for now. The post Jumia Stock’s Recent Spike Isn’t a Reason to Buy appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

GameStop Plunges as Liquidity Squeeze Crushes Meme Assets

InvestorPlace - Stock Market News, Stock Advice & Trading Tips GME stock has plunged since Thanksgiving as a short squeeze quickly turned into a panicky sell-off. With the Fed tapering, don't count on a comeback. The post GameStop Plunges as Liquidity Squeeze Crushes Meme Assets appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

Cardano Continues to Bolster Its Case as an Ethereum Undertaker

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Cardano is the slow play that keeps getting it right. The recent MonoX Finance hack only reiterates earlier notions of its path forward. The post Cardano Continues to Bolster Its Case as an Ethereum Undertaker appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

Decentraland Is a Wager on a Future That Might Not Arrive

InvestorPlace - Stock Market News, Stock Advice & Trading Tips With metaverse mania taking hold, Decentraland seems like an excellent idea. However, the fundamentals are problematic. The post Decentraland Is a Wager on a Future That Might Not Arrive appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

ROKU Stock Alert: Finally! The YouTube Resolution That Has Roku Rebounding Today.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Roku (ROKU) stock is heading higher on Wednesday after revealing it's reached an agreement with YouTube to keep the apps on its devices. The post ROKU Stock Alert: Finally! The YouTube Resolution That Has Roku Rebounding Today. appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

AUUD Stock Alert: What Is Going on With Little-Known Auddia Today?

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Auddia is teaming up with Bleav Podcast Network to deliver more content to sports fans. Here's what it could mean for AUUD stock. The post AUUD Stock Alert: What Is Going on With Little-Known Auddia Today? appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

Matterport Just Might Be a Virtual Lock on Profits

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Matterport has a big partner in the metaverse and possibly an equally strong ally on the price chart for patient MTTR stock investors. The post Matterport Just Might Be a Virtual Lock on Profits appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

The Millionth Call to Abandon AMC Stock Few Will Heed

InvestorPlace - Stock Market News, Stock Advice & Trading Tips AMC stock remains in danger of dropping quickly, it's just a matter of time. The precedents are clear for those who care to look. The post The Millionth Call to Abandon AMC Stock Few Will Heed appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

ETH2 vs. ETH: How Are the Ethereum Listings Different?

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors want to know the differences between ETH2 vs. ETH as the former pops up quietly on the Coinbase platform this morning. The post ETH2 vs. ETH: How Are the Ethereum Listings Different? appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

Coinbase Stock Still Demonstrates Promising Long-Term Potential

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Pay close attention to COIN stock as Coinbase has a chance at making you money today and possibly longer-term for bullish investors. The post Coinbase Stock Still Demonstrates Promising Long-Term Potential appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

TSLA Stock Price Prediction: Why (and When) One Analyst Sees Tesla Soaring to $1,580

InvestorPlace - Stock Market News, Stock Advice & Trading Tips A new price prediction is in for Tesla (TSLA) stock Wednesday and it has one analyst expecting major gains in not much time. The post TSLA Stock Price Prediction: Why (and When) One Analyst Sees Tesla Soaring to $1,580 appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

NVEI Stock Alert: Nuvei Plunges 50% After Spruce Point Short Report

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Spruce Point released a scathing short report that has shares of NVEI stock plunging today. Here's what you need to know. The post NVEI Stock Alert: Nuvei Plunges 50% After Spruce Point Short Report appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

3 Dead-Cat Bounce Stocks to Sell in This Market

InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you're looking for bearish ideas, here are three weak stocks to sell. The reward to risk ratios are compelling for traders. The post 3 Dead-Cat Bounce Stocks to Sell in This Market appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

4 EV Stocks That May Take a Surprising Lead in 2022

InvestorPlace - Stock Market News, Stock Advice & Trading Tips These four EV stocks can be market performers in 2022, as they are well-positioned for growth and market share upside in the coming years. The post 4 EV Stocks That May Take a Surprising Lead in 2022 appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

The Upcoming Delisting Makes Didi Global Stock a Pure Gamble

InvestorPlace - Stock Market News, Stock Advice & Trading Tips You may want to at least wait for DIDI stock to move over to the OTC market before you decide to buy the shares. The post The Upcoming Delisting Makes Didi Global Stock a Pure Gamble appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

Kellogg Strike Update: 9 Things for K Stock Investors to Know as the Union Feud Escalates

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Kellogg (K) stock is in the news today as investors react to an update from the company concerning the current employee strike. The post Kellogg Strike Update: 9 Things for K Stock Investors to Know as the Union Feud Escalates appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

Skillz Is a Speculative Bet That Will Reward the Long-Term Investor

InvestorPlace - Stock Market News, Stock Advice & Trading Tips SKLZ stock has an exciting long-term runway ahead backed by several growth drivers, including a new acquisition and a strategic partnership. The post Skillz Is a Speculative Bet That Will Reward the Long-Term Investor appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

MEME ETF: The Top 10 Holdings of the New Roundhill Fund for Meme Stock Investors

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The new Roundhill MEME ETF (MEME) is live and with it comes an opportunity to invest in a wide variety of meme stocks it holds. The post MEME ETF: The Top 10 Holdings of the New Roundhill Fund for Meme Stock Investors appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

7 Overlooked Stocks to Buy Before Wall Street Catches On

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Although broader markets are near record highs, it’s still possible to find overlooked stocks available at attractive valuations. The post 7 Overlooked Stocks to Buy Before Wall Street Catches On appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

Despite Stellar Q3 Results, Cloudflare Stock Is Still Too Expensive

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Despite stellar Q3 results, Cloudflare stock already reflects much of the upside. NET stock is fully priced at today's market value and won't be a bargain unless it falls 28% from here to $112.50. The post Despite Stellar Q3 Results, Cloudflare Stock Is Still Too Expensive appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

Meta Platforms Is Worth 56% More Even With Conservative Estimates

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Facebook (Meta Platforms) looks like good value. FB stock is worth $515 or 56% more with conservative revenue growth and FCF margins. The post Meta Platforms Is Worth 56% More Even With Conservative Estimates appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

Clover Health Is Now a Penny Stock, Denoting Its Serious Decline

InvestorPlace - Stock Market News, Stock Advice & Trading Tips CLOV stock is saddled with issues that include a declining share price and operational issues that are only getting more troublesome. The post Clover Health Is Now a Penny Stock, Denoting Its Serious Decline appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

Tezos Price Predictions: How Far Can Ubisoft NFTs Take the XTZ Crypto?

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Tezos price predictions are flying today after a new partnership with video game company Ubisoft has the XTZ crypto up big on the day. The post Tezos Price Predictions: How Far Can Ubisoft NFTs Take the XTZ Crypto? appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

7 Cryptos in a Holding Pattern as the Market Weighs Risks

InvestorPlace - Stock Market News, Stock Advice & Trading Tips With the global markets weighing the omicron variant's economic risks as well as geopolitical threats, cryptos are now in a holding pattern. The post 7 Cryptos in a Holding Pattern as the Market Weighs Risks appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

3 Slammed Nasdaq Stocks to Buy

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Some investors may be wondering what just happened and what's the market's next move, but that's not the case in these Nasdaq stocks to buy. The post 3 Slammed Nasdaq Stocks to Buy appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

Paxos, Coinbase, Circle Execs Testify During a Crypto Congress Hearing. What to Know.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Major cryptocurrency execs headed to DC today for a crypto Congress hearing. The focus is on stablecoins, regulations and the future of finance. The post Paxos, Coinbase, Circle Execs Testify During a Crypto Congress Hearing. What to Know. appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

5 Oil Refining Stocks on Watch Amid Biden’s Petroleum Reserve Release

InvestorPlace - Stock Market News, Stock Advice & Trading Tips President Biden and his team are looking to tackle the issue of high energy prices by increasing supply, a boon for oil refining stocks. The post 5 Oil Refining Stocks on Watch Amid Biden’s Petroleum Reserve Release appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

GameStop Isn’t Exactly the Robin Hood Its Been Made Out to Be

InvestorPlace - Stock Market News, Stock Advice & Trading Tips GME stock really hasn't proven much in regard to its digital transformation, nor is it some Robin Hood to the main street investor. The post GameStop Isn’t Exactly the Robin Hood Its Been Made Out to Be appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

After Post-IPO Rise and Retracement, Expensify Doesn’t Look Expensive

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The market is still figuring out a price range for recently launched EXFY stock. However, it's worth owning if you can handle the volatility. The post After Post-IPO Rise and Retracement, Expensify Doesn’t Look Expensive appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

Wait for the Right Opportunity to Buy Rivian Stock

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Without any major news on the horizon, RIVN stock could head lower. Stay patient when buying in as you could see a better entry point soon. The post Wait for the Right Opportunity to Buy Rivian Stock appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

Keep an Eye on UiPath’s Dec. 8 Earnings for Signs of Future Profitability

InvestorPlace - Stock Market News, Stock Advice & Trading Tips PATH stock reports its earnings on Dec. 8. It's an exciting company with an innovative product, but can it become profitable soon? The post Keep an Eye on UiPath’s Dec. 8 Earnings for Signs of Future Profitability appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

What the Bulls Fail To Grasp About Sofi Stock

InvestorPlace - Stock Market News, Stock Advice & Trading Tips SOFI stock has too many variables pointing to it staying low for it to be a buy-the-dip play. Best to just avoid for now. The post What the Bulls Fail To Grasp About Sofi Stock appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

AABB Stock Alert: Why Speculative Asia Broadband Shares Are Rocketing 50% Today

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shares of AABB stock are soaring higher by 50% after the company confirmed a release date for its cryptocurrency exchange. The post AABB Stock Alert: Why Speculative Asia Broadband Shares Are Rocketing 50% Today appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

GameStop Stock: The Underlying Business Is Doomed For Failure

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Gamestop and GME stock will continue to struggle amidst the rise of digital downloads. The post GameStop Stock: The Underlying Business Is Doomed For Failure appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

Three of Our Top Analysts, Live Today

InvestorPlace - Stock Market News, Stock Advice & Trading Tips What’s the right stock positioning today? … a special, live event this afternoon with Louis Navellier, Eric Fry, and Luke Lango … four free stock recommendations   Yesterday, an Amazon Web Services (AWS) outage resulted in widespread chaos. The e-commerce giant’s delivery operations went down, preventing drivers from delivering packages. Vans filled with holiday purchases.... The post Three of Our Top Analysts, Live Today appeared first on InvestorPlace......»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

QuantumScape Will Drive You Crazy if You Allow It To

InvestorPlace - Stock Market News, Stock Advice & Trading Tips QuantumScape is a pre-revenue company; there's little to move QS stock other than news and rumors. That has investors pulling their hair out. The post QuantumScape Will Drive You Crazy if You Allow It To appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

3 Web 3.0 Cryptos to Buy After an AWS Outage Crashed the Internet

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Web 3.0 cryptos remain at the forefront of investors' minds, especially as the AWS outage showcased the fragility of Web 2.0. The post 3 Web 3.0 Cryptos to Buy After an AWS Outage Crashed the Internet appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

Nokia Stock Continues to Shine in The Hotly Contested 5G Race

InvestorPlace - Stock Market News, Stock Advice & Trading Tips NOK Stock' s comeback continues as it notches some massive wins in the 5G realm, filling the gap Huawei left open. The post Nokia Stock Continues to Shine in The Hotly Contested 5G Race appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

Teladoc Is Oversold and Undervalued With Positive Catalysts About to Kick in

InvestorPlace - Stock Market News, Stock Advice & Trading Tips TDOC stock is oversold and undervalued as it beats Q3 earnings. The company has made significant acquisitions, which could pay off in 2022. The post Teladoc Is Oversold and Undervalued With Positive Catalysts About to Kick in appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

Trump Stocks DWAC, CFVI Continue to Spike on Partnership News

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Popular Trump stocks DWAC and CFVI are rising today, and there's reason to believe a partnership may be in store for the two. The post Trump Stocks DWAC, CFVI Continue to Spike on Partnership News appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

4 Top Stock Trades for Thursday: DWAC, BKKT, COST, DOCU

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The DWAC SPAC, Bakkt Holdings, Costco and DocuSign were our top stock trades for Thursday. So, let's get a look at the charts now. The post 4 Top Stock Trades for Thursday: DWAC, BKKT, COST, DOCU appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

IPOF Stock: The Latest Rumors Sending Chamath Palihapitiya’s SPAC Swirling

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The latest rumor involving IPOF stock includes Chamath Palihapitiya, planes, and a Discord group. Here's what you need to know. The post IPOF Stock: The Latest Rumors Sending Chamath Palihapitiya’s SPAC Swirling appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

Is Roku Too Good To Pass Up at This Price?

InvestorPlace - Stock Market News, Stock Advice & Trading Tips ROKU stock has taken a beating, but shares are bouncing back on news of a YouTube deal. What's more, Cathie Wood recently upped her position. The post Is Roku Too Good To Pass Up at This Price? appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

10 Top Stocks to Watch in Cathie Wood’s New CTRU Transparency ETF

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Cathie Wood's ARK Invest released a brand new, passively managed, Transparency ETF today. Investors are clamoring over the high impact news! The post 10 Top Stocks to Watch in Cathie Wood’s New CTRU Transparency ETF appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First........»»

Source:  investorplaceCategory: top~3 hr. 49 min. ago Related News

Stock Market News for Dec 8, 2021

U.S. stocks closed higher for the second consecutive session on Tuesday as investors shrugged off fears of the Omicron variant of the coronavirus after reports suggested that the mutant is less severe than originally thought. U.S. stocks closed higher for the second consecutive session on Tuesday as investors shrugged off fears of the Omicron variant of the coronavirus after reports suggested that the mutant is less severe than originally thought. The rally was driven by tech stocks. All the three major indexes ended in positive territory.How Did The Benchmarks Perform?The Dow Jones Industrial Average (DJI) gained 1.4% or 492.4 points to close at 35,719.43 points.Shares of The Goldman Sachs Group, Inc. GS gained 2.8%, while Microsoft Corporation MSFT rallied 2.7%. Microsoft carries a Zacks Rank #3 (Hold).  You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.The S&P 500 jumped 2.1% or 95.08 points to close at 4,686.75 points, registering its best close in a week, recording its best day since Mar 1. Consumer discretionary, technology and energy stocks were the best performers.The Consumer Discretionary Select Sector SPDR (XLY) gained 2.3%, while the Technology Select Sector SPDR (XLK) advanced 3.5%. The Energy Select Sector SPDR (XLE) also climbed 2.3%. All the 11 sectors of the benchmark index ended in positive territory for the second straight day.The tech-heavy Nasdaq climbed 3% or 461.76 points to end at 15,686.92 points, recording its best day since Mar 9.The fear-gauge CBOE Volatility Index (VIX) was down 19.46% to 21.89. A total of 11.38 billion shares were traded on Tuesday, lower than the last 20-session average of 11.55 billion. Advancers outnumbered decliners on the NYSE by a 4.10-to-1 ratio. On Nasdaq, a 3.37-to-1 ratio favored advancing issues.Omicron Fears Fade Boosting Investors’ ConfidenceLast week saw huge sell off on fears of the Omicron variant of the coronavirus. However, investors started the week on a high as fears somewhat subsided after Dr. Anthony Fauci, Joe Biden’s Chief Medical Advisor, said that the variant doesn’t look as threatening it was earlier believed to be. This sent stocks on a rally.The momentum continued into Tuesday, with investors regaining lost confidence. More good news on the Omicron variant came in on Tuesday after GlaxoSmithKline plc GSK said that its recent preclinical studies suggested that its sotrovimab antibody works against the omicron variant. This sent the company shares on a rally, gaining 1.5%.Tuesday’s rally was mainly driven by tech and energy stocks that have been taking a beating lately. Shares of Adobe Inc. ADBE jumped 4.5%, while Meta Platforms, Inc. FB, and Apple, Inc. advanced 1.6% and 3.5%, respectively.Economic DataIn economic data released on Tuesday, U.S. trade deficit declined 18% in October as exports hit a 13-year high, while imports slowed down somewhat due congestions at U.S. ports. The gap stood at $67.1 billion in October from a staggering $81.4 billion in September.U.S. exports jumped 8.1% to hit a record high of $223.6 billion. This also reflects its biggest monthly gain since 2008. However, imports rose less than 1% $290.7 billion. However, it still remains at an all-time high.A separate report showed that productivity costs in the third quarter declined 5.2%, declining 20 basis points from the prior read. Also, unit labor costs in third-quarter went up 9.6%. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Goldman Sachs Group, Inc. (GS): Free Stock Analysis Report GlaxoSmithKline plc (GSK): Free Stock Analysis Report Microsoft Corporation (MSFT): Free Stock Analysis Report Adobe Inc. (ADBE): Free Stock Analysis Report Meta Platforms, Inc. (FB): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Lockheed"s (LMT) Arm Wins Deal to Support CH-53K Aircraft

Lockheed (LMT) is going to procure long-lead items involving full-rate production of CH-53K aircraft Lockheed Martin Corp.’s LMT business unit, Sikorsky, recently won a contract for procuring long-lead items involving full-rate production of CH-53K aircraft. The Naval Air Systems Command, Patuxent River, MD, offered the contract.Valued at $35.3 million, the contract is expected to get completed by December 2022. Work related to this deal will be executed in Stratford, CT.Growing Importance of CH-53K HelicopterThe CH-53K helicopter takes forward Sikorsky’s 50 years of manufacturing and operational success with its CH-53A, CH-53D/G and CH-53E predecessors. The new heavy lifter allows the U.S. Marine Corps and international militaries to move troops and equipment from ship to shore and to higher altitude terrains more quickly and effectively. It is also effective in handling missions like humanitarian aid, troop transport, casualty evacuation, support of special operation forces, and combat search and rescue.In February 2021, Israel made a decision to purchase Lockheed’s CH-53K helicopter over Boeing's BA CH-47, in an effort to further build on the Israel Defense Force’s capabilities. Such a strategic move by Israel could be pivotal for Lockheed’s growth in the trouble-ridden Middle East area over top competitors.Growth ProspectsSubstantial fleet modernization plans of militaries deploying new and advanced attack helicopters are anticipated to support the combat helicopter market growth. Notably, per a Mordor Intelligence report, the global attack helicopter market is expected to witness a CAGR of more than 4% during the 2020-2025 time period.Such growth can be attributed to the rise in global threats, geopolitical instabilities and increased spending on defense. These projections are expected to boost the growth of major combat helicopter producers like Lockheed.Will Other Helicopter Makers Benefit?No doubt, the aforementioned growth projections for the combat helicopter market also bode well for other helicopter makers such as Airbus SE EADSY, Boeing and Textron TXT.Boeing’s MH-47G belongs to the family of CH-47 Chinook multi-role heavy-lift helicopters. The helicopter enjoys massive global demand owing to the advanced and combat-proven features that enable it to work in all kinds of combat and tactical missions.During the third quarter, Boeing delivered four CH-47F Block II Chinook helicopters for the U.S Army. The company boasts a long-term earnings growth rate of 4%.Airbus is among the world's largest suppliers of advanced military helicopters. Airbus helicopters are in service across more than 150 countries worldwide. Airbus’ product line offers the full spectrum of rotary-wing aircraft solutions for civil, government, military, law enforcement and Para public uses. Some of the significant helicopters manufactured by EADSY are H125M, H135M and H145M.The Zacks Consensus Estimate for Airbus’ 2021 earnings has increased 8% in the past 60 days. Shares of Airbus have appreciated 3.4% in the past year.Textron’s Bell unit is a renowned manufacturer of military helicopters like AH-1Z, UH-1Y, V-22 among others. The segment delivered 33 commercial helicopters in the third quarter.The Zacks Consensus Estimate for Textron’s 2021 earnings has been revised upward by 1.5% to $3.33 in the last 60 days. TXT has gained 56.2% in the past year.Price Movement and Zacks RankShares of Lockheed Martin have lost 6.2% in the past year compared with the industry's decline of 34.5%.Image Source: Zacks Investment Research The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.  Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Boeing Company (BA): Free Stock Analysis Report Lockheed Martin Corporation (LMT): Free Stock Analysis Report Textron Inc. (TXT): Free Stock Analysis Report Airbus Group (EADSY): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Company News for Dec 8, 2021

Companies in The News Are: AAL,AZO,CONN,CNM Shares of American Airlines Group Inc. AAL declined 0.2% after the company said that its Chief Executive Officer Doug Parker will retire on Mar 31, 2022 after being in the role for almost nine years.AutoZone, Inc.’s AZO shares jumped 7.6% after the company reported fiscal first-quarter 2022 earnings of $25.69 per share, surpassing the Zacks Consensus Estimate of $20.83 per share.Shares of Conn's, Inc. CONN gained 0.8% after the company reported third-quarter fiscal 2021 earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.57 per share.Core & Main, Inc.’s CNM shares surged 9.3% after the company reported third-quarter fiscal 2021 earnings of $0.56 per share, outpacing the Zacks Consensus Estimate of $0.28 per share. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AutoZone, Inc. (AZO): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report American Airlines Group Inc. (AAL): Free Stock Analysis Report Core & Main, Inc. (CNM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Here"s Why Hold is an Apt Strategy for AXIS Capital (AXS)

AXIS Capital (AXS) continues to build on its Specialty Insurance, Reinsurance plus Accident and Health portfolio coupled with an improved portfolio mix. AXIS Capital Holdings Limited AXS is poised for growth on solid Specialty Insurance, Reinsurance plus Accident and Health insurance portfolio, exit from underperforming lines, investment in more attractive markets, and entry into new markets, which improve its portfolio mix and underwriting profitability. A solid balance sheet and favorable growth estimates make AXIS Capital stock worth retaining in one’s portfolio.The company has a solid track record of beating earnings estimates in the last six quarters.Zacks Rank & Price PerformanceAXIS Capital currently carries a Zacks Rank #3 (Hold). Year to date, the stock has gained 3.6%, compared with the industry’s increase of 9.4%.Image Source: Zacks Investment ResearchGrowth ProjectionsThe Zacks Consensus Estimate for AXIS Capital’s 2021 earnings is pegged at $4.21, indicating a 302.4% increase from the year-ago reported figure on 8.5% higher revenues of $5.1 billion. The consensus estimate for 2022 earnings is pegged at $5.55, indicating an increase of 31.8% year over year on 6.1% higher revenues of $5.4 billion.The long-term earnings growth rate is currently pegged at 5%. It has a Growth Score of A.Style ScoreAXIS Capital has an impressive VGM Score of A. This style score rates stocks on their combined weighted styles, helping to identify those with the most attractive value, best growth, and momentum.Business TailwindsAXIS Capital continues to build on its Specialty Insurance, Reinsurance plus Accident and Health portfolio coupled with an improved portfolio mix.This leading specialty insurer and a global reinsurer, aiming for leadership in specialty risks, forayed into the pet insurance market. The insurer is growing Marine Cargo, Cyber and Renewable Energy insurance businesses, which are likely to provide strong double-digit ROE opportunities. AXS thus remains focused on markets that promise growth.AXIS Capital’s combined insurance and reinsurance portfolios have witnessed average rate increases in double digits owing to strong rate increases from every line of business.The insurer remains focused on improving margin while reducing the expense ratio thus improving profitability.AXIS Capital scores strongly with credit rating agencies.Solid Dividend HistoryThe company has been hiking dividends for the last 18 years. Its dividend increased at an 18-year CAGR of 7.1%. Its current dividend yield of 3.3% is better than the industry average of 0.4%. AXIS Capital boasts one of the highest dividend yields among its peers.Stocks to ConsiderSome better-ranked stocks from the same space include First American Financial FAF, Fidelity National Financial FNF and Cincinnati Financial Corporation CINF.First American sports a Zacks Rank #1 (Strong Buy). The Zacks Consensus Estimate for 2021 earnings indicates a 22% year-over-year increase.  First American delivered a four-quarter average earnings surprise of 29.19%. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for 2021 and 2022 earnings of Fidelity National, sporting a Zacks Rank #1, has moved up 6.1% and 4.6%, respectively in the past seven days. Fidelity National delivered a four-quarter average earnings surprise of 38.18%.Cincinnati Financial carries a Zacks Rank #2 (Buy). The Zacks Consensus Estimate for 2021 earnings implies a 64% year-over-year increase. Cincinnati Financial delivered a four-quarter average earnings surprise of 40.05%.Shares of First American Financial, Fidelity National and Cincinnati Financial have gained 50.1%, 30.3% and 34.8%, respectively in a year.    Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cincinnati Financial Corporation (CINF): Free Stock Analysis Report Axis Capital Holdings Limited (AXS): Free Stock Analysis Report First American Financial Corporation (FAF): Free Stock Analysis Report Fidelity National Financial, Inc. (FNF): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

3 Oil & Gas Pipeline Stocks to Watch Amid Challenging Industry

Lower production volumes of the commodities owing to dented fuel demand and conservative capital spending by upstream players have hurt demand for partnerships' midstream assets. EPD, ET and MMP are surviving the industry challenges. Although the midstream energy business is less exposed to coronavirus-induced oil and gas price volatility, the outlook for the Zacks Oil and Gas - Pipeline MLP industry is still subjected to heightened levels of uncertainties. Due to dented fuel demand and conservative capital spending by upstream players, lower production volumes have hurt demand for partnerships’ midstream assets.Despite the uncertainties, pipeline players are better off than upstream and downstream firms since the partnerships are generating stable fee-based revenues from their long-term contracts with shippers. Among the frontrunners in the industry that are trying to survive the challenging business scenario are Enterprise Products Partners LP EPD, Energy Transfer LP ET and Magellan Midstream Partners LP MMP. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Enterprise Products Partners L.P. (EPD): Free Stock Analysis Report Magellan Midstream Partners, L.P. (MMP): Free Stock Analysis Report Energy Transfer LP (ET): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Enbridge (ENB) Provides a Glimpse of Financial Guidance

The attractive financial outlook is establishing the fact that Enbridge's (ENB) business model is robust with minimal exposure to coronavirus-induced commodity price volatility and volume risks. Enbridge Inc. ENB recently provided a glimpse of its financial guidance and dividend payout for 2022.Before getting into the guidance for next year, it’s worth mentioning that Enbridge continues to expect adjusted earnings before interest, income taxes and depreciation (EBITDA) for 2021 in the band of C$13.9 billion to C$14.3 billion. ENB also reiterated its projections for this year’s distributable cash flow (DCF) per share in the range of C$4.7 to C$5.For 2022, Enbridge is projecting EBITDA in the band of C$15 to C$15.6 billion and DCF per share in the range of C$5.2 to C$5.5. The metrics for next year thus suggest an improvement as compared to this year. Through 2024, Enbridge expects average annual DCF per share growth of 5% to 7%.Enbridge has a strong commitment toward returning capital to shareholders. It has raised its quarterly dividend by 3% to 86 Canadian cents per share. Thus, Enbridge has increased its 2022 dividend (C$3.44 annualized), thereby marking a dividend increase for 27 straight years. Enbridge also intends to establish a share buyback program through which it will be able to repurchase C$1.5 billion of outstanding shares.Overall, the attractive financial outlook is establishing the fact that Enbridge’s business model is robust with minimal exposure to coronavirus-induced commodity price volatility and volume risks.Enbridge Inc Price Enbridge Inc price | Enbridge Inc QuoteCurrently, Enbridge carries a Zacks Rank #3 (Hold). Meanwhile, a few better-ranked players in the energy space include Whiting Petroleum Corporation WLL, Continental Resources, Inc. CLR and Callon Petroleum Company CPE. While Continental Resources carries a Zacks Rank #2 (Buy), Whiting Petroleum and Callon Petroleum sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Whiting Petroleum is a leading upstream energy company and is the top producer of crude oil in North Dakota. With oil price improving at a healthy pace, Whiting Petroleum expects to continue generating handsome cashflows while maintaining a healthy balance sheet.Headquartered in Denver, CO, Whiting Petroleum has witnessed upward earnings estimate revisions for 2021 in the past 30 days. Looking at the price chart, WLL has gained 176.9% year to date, outpacing the 99% rise of the composite stocks belonging to the industry.Continental Resources is also a leading upstream energy company, with proven reserves in North Dakota and Oklahoma. The oil inventories of Continental Resources are among the best in the industry.Headquartered in Oklahoma City, Continental Resources has witnessed upward earnings estimate revisions for 2021 in the past 30 days. Considering the price chart, CLR has gained 186.1% so far this year, outpacing the 98.9% improvement of the composite stocks belonging to the industry.Callon Petroleum is also a leading exploration and production company with a strong presence in prolific unconventional resources that comprise Permian Basin and Eagle Ford Shale play.CPE has witnessed upward earnings estimate revisions for 2021 in the past 30 days. Looking at the price chart, Callon Petroleum has gained 308.2% year to date, outpacing the 98.9% improvement of the composite stocks belonging to the industry. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Enbridge Inc (ENB): Free Stock Analysis Report Continental Resources, Inc. (CLR): Free Stock Analysis Report Whiting Petroleum Corporation (WLL): Free Stock Analysis Report Callon Petroleum Company (CPE): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Is Aflac (AFL) Stock Outpacing Its Finance Peers This Year?

Here is how Aflac (AFL) and Atlanticus Holdings Corporation (ATLC) have performed compared to their sector so far this year. The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Aflac (AFL) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Aflac is a member of the Finance sector. This group includes 903 individual stocks and currently holds a Zacks Sector Rank of #1. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Aflac is currently sporting a Zacks Rank of #2 (Buy).Within the past quarter, the Zacks Consensus Estimate for AFL's full-year earnings has moved 5.4% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.Based on the latest available data, AFL has gained about 27.5% so far this year. Meanwhile, the Finance sector has returned an average of 22.3% on a year-to-date basis. As we can see, Aflac is performing better than its sector in the calendar year.Another Finance stock, which has outperformed the sector so far this year, is Atlanticus Holdings Corporation (ATLC). The stock has returned 139.9% year-to-date.For Atlanticus Holdings Corporation, the consensus EPS estimate for the current year has increased 15.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, Aflac belongs to the Insurance - Accident and Health industry, which includes 5 individual stocks and currently sits at #118 in the Zacks Industry Rank. Stocks in this group have gained about 28.3% so far this year, so AFL is slightly underperforming its industry this group in terms of year-to-date returns.In contrast, Atlanticus Holdings Corporation falls under the Financial - Miscellaneous Services industry. Currently, this industry has 51 stocks and is ranked #105. Since the beginning of the year, the industry has moved +20.8%.Going forward, investors interested in Finance stocks should continue to pay close attention to Aflac and Atlanticus Holdings Corporation as they could maintain their solid performance. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Aflac Incorporated (AFL): Free Stock Analysis Report Atlanticus Holdings Corporation (ATLC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Best Momentum Stocks to Buy for December 8th

ACLS, FLGT, GHLD, and BERY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 8, 2021. Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, December 8th:Axcelis Technologies, Inc. ACLS: This company that designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.5% over the last 60 days. Axcelis Technologies, Inc. Price and Consensus Axcelis Technologies, Inc. price-consensus-chart | Axcelis Technologies, Inc. Quote Axcelis Technologies’ shares gained 10.6% over the last one month against the S&P 500’s decline of 0.1%. The company possesses a Momentum Score of B. Axcelis Technologies, Inc. Price Axcelis Technologies, Inc. price | Axcelis Technologies, Inc. Quote Fulgent Genetics, Inc. FLGT: This company that provides COVID-19 testing and genetic testing services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.7% over the last 60 days. Fullgent Genetics Price and Consensus Fullgent Genetics price-consensus-chart | Fullgent Genetics Quote Fulgent Genetics’ shares gained 8.3% over the last one month. The company possesses a Momentum Score of B. Fullgent Genetics Price Fullgent Genetics price | Fullgent Genetics Quote Berry Global Group, Inc. BERY: This company that manufactures and supplies non-woven, flexible, and rigid products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.9% over the last 60 days. Berry Global Group, Inc. Price and Consensus Berry Global Group, Inc. price-consensus-chart | Berry Global Group, Inc. Quote Berry Global’s shares gained 6.5% over the last one month. The company possesses a Momentum Score of B. Berry Global Group, Inc. Price Berry Global Group, Inc. price | Berry Global Group, Inc. Quotey Guild Holdings Company GHLD: This mortgage company that originates, sells, and services residential mortgage loans has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 28.2% over the last 60 days. Guild Holdings Company Price and Consensus Guild Holdings Company price-consensus-chart | Guild Holdings Company Quote Guild Holdings’ shares gained 7.6% over the last one month. The company possesses a Momentum Score of B. Guild Holdings Company Price Guild Holdings Company price | Guild Holdings Company Quote See the full list of top ranked stocks hereLearn more about the Momentum score and how it is calculated here. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Berry Global Group, Inc. (BERY): Free Stock Analysis Report Fullgent Genetics (FLGT): Free Stock Analysis Report Guild Holdings Company (GHLD): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Is Bio-Rad Laboratories (BIO) Stock Outpacing Its Medical Peers This Year?

Here is how Bio-Rad Laboratories (BIO) and Fullgent Genetics (FLGT) have performed compared to their sector so far this year. The Medical group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Bio-Rad Laboratories (BIO) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Medical sector should help us answer this question.Bio-Rad Laboratories is one of 1116 companies in the Medical group. The Medical group currently sits at #11 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Bio-Rad Laboratories is currently sporting a Zacks Rank of #2 (Buy).Over the past three months, the Zacks Consensus Estimate for BIO's full-year earnings has moved 8% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.Based on the most recent data, BIO has returned 29.1% so far this year. Meanwhile, stocks in the Medical group have lost about 9.3% on average. This means that Bio-Rad Laboratories is outperforming the sector as a whole this year.Another Medical stock, which has outperformed the sector so far this year, is Fullgent Genetics (FLGT). The stock has returned 63.4% year-to-date.For Fullgent Genetics, the consensus EPS estimate for the current year has increased 29.9% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).To break things down more, Bio-Rad Laboratories belongs to the Medical - Products industry, a group that includes 90 individual companies and currently sits at #183 in the Zacks Industry Rank. Stocks in this group have lost about 2.7% so far this year, so BIO is performing better this group in terms of year-to-date returns.On the other hand, Fullgent Genetics belongs to the Medical Info Systems industry. This 43-stock industry is currently ranked #158. The industry has moved -39.4% year to date.Investors with an interest in Medical stocks should continue to track Bio-Rad Laboratories and Fullgent Genetics. These stocks will be looking to continue their solid performance. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BioRad Laboratories, Inc. (BIO): Free Stock Analysis Report Fullgent Genetics (FLGT): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Wall Street Analysts Believe Kulicke and Soffa (KLIC) Could Rally 27%: Here"s is How to Trade

The consensus price target hints at a 27.2% upside potential for Kulicke and Soffa (KLIC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term. Shares of Kulicke and Soffa (KLIC) have gained 13.3% over the past four weeks to close the last trading session at $65.12, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $82.80 indicates a potential upside of 27.2%.The average comprises five short-term price targets ranging from a low of $68 to a high of $100, with a standard deviation of $11.65. While the lowest estimate indicates an increase of 4.4% from the current price level, the most optimistic estimate points to a 53.6% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based on this tool would arguably do themselves a disservice.However, an impressive consensus price target is not the only factor that indicates a potential upside in KLIC. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective in predicting an upside.Price, Consensus and EPS SurpriseHere's What You May Not Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.Here's Why There Could be Plenty of Upside Left in KLICThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.Over the last 30 days, the Zacks Consensus Estimate for the current year has increased 8.2%, as three estimates have moved higher compared to no negative revision.Moreover, KLIC currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Therefore, while the consensus price target may not be a reliable indicator of how much KLIC could gain, the direction of price movement it implies does appear to be a good guide. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Kulicke and Soffa Industries, Inc. (KLIC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Delta Apparel (DLA) Recently Broke Out Above the 200-Day Moving Average

When a stock breaks out above the 200-day simple moving average, good things could be on the horizon. How should investors react? Delta Apparel (DLA) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, DLA broke through the 200-day moving average, which suggests a long-term bullish trend.The 200-day simple moving average is a useful tool for traders and analysts, establishing market trends for stocks, commodities, indexes, and other financial instruments over the long term. The marker moves higher or lower along with longer-term price moves, and serves as a support or resistance level.DLA has rallied 8.7% over the past four weeks, and the company is a Zacks Rank #2 (Buy) at the moment. This combination suggests DLA could be on the verge of another move higher.Once investors consider DLA's positive earnings estimate revisions, the bullish case only solidifies. No estimate has gone lower in the past two months for the current fiscal year, compared to 1 higher, and the consensus estimate has increased as well.Investors may want to watch DLA for more gains in the near future given the company's key technical level and positive earnings estimate revisions. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Delta Apparel, Inc. (DLA): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Down 24.3% in 4 Weeks, Here"s Why You Should You Buy the Dip in Axcella Health Inc. (AXLA)

Axcella Health Inc. (AXLA) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term. A downtrend has been apparent in Axcella Health Inc. (AXLA) lately with too much selling pressure. The stock has declined 24.3% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price movements.RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30.Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock's price is reaching a point of reversal.So, by this measure, if a stock has gotten too far below its fair value just because of unwarranted selling pressure, investors may start looking for entry opportunities in the stock for benefitting from the inevitable rebound.However, like every investing tool, RSI has its limitations, and should not be used alone for making an investment decision.Why a Trend Reversal is Due for AXLAThe heavy selling of AXLA shares appears to be in the process of exhausting itself, as indicated by its RSI reading of 26.89. So, the trend for the stock could reverse soon for reaching the old equilibrium of supply and demand.This technical indicator is not the only factor that calls for a potential rebound for the stock. There is a fundamental indicator as well. A strong agreement among sell-side analysts covering AXLA in raising earnings estimates for the current year has led to an increase in the consensus EPS estimate by 2% over the last 30 days. And an upward trend in earnings estimate revisions usually translates into price appreciation in the near term.Moreover, AXLA currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. This is a more conclusive indication of the stock's potential turnaround in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Axcella Health Inc. (AXLA): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Nvidia (NVDA) Just Reclaimed the 20-Day Moving Average

When a stock breaks out above the 20-day simple moving average, good things could be on the horizon. How should investors react? From a technical perspective, Nvidia (NVDA) is looking like an interesting pick, as it just reached a key level of support. NVDA recently overtook the 20-day moving average, and this suggests a short-term bullish trend.The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages.Like other SMAs, if a stock's price is moving above the 20-day, the trend is considered positive. When the price falls below the moving average, it can signal a downward trend.Over the past four weeks, NVDA has gained 5.8%. The company is currently ranked a Zacks Rank #2 (Buy), another strong indication the stock could move even higher.Once investors consider NVDA's positive earnings estimate revisions, the bullish case only solidifies. No earnings estimate has been lowered in the past two months, compared to 11 raised estimates, for the current fiscal year, and the consensus estimate has increased as well.With a winning combination of earnings estimate revisions and hitting a key technical level, investors should keep their eye on NVDA for more gains in the near future. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVIDIA Corporation (NVDA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Qualcomm (QCOM) Crossed Above the 20-Day Moving Average: What That Means for Investors

Should investors be excited or worried when a stock crosses above the 20-day simple moving average? Qualcomm (QCOM) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, QCOM crossed above the 20-day moving average, suggesting a short-term bullish trend.A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages.Similar to other SMAs, if a stock's price moves above the 20-day, the trend is considered positive, while price falling below the moving average can signal a downward trend.QCOM could be on the verge of another rally after moving 10.2% higher over the last four weeks. Plus, the company is currently a Zacks Rank #2 (Buy) stock.Looking at QCOM's earnings estimate revisions, investors will be even more convinced of the bullish uptrend. There have been 11 revisions higher for the current fiscal year compared to none lower, and the consensus estimate has moved up as well.With a winning combination of earnings estimate revisions and hitting a key technical level, investors should keep their eye on QCOM for more gains in the near future. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report QUALCOMM Incorporated (QCOM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Xilinx (XLNX) Crossed Above the 20-Day Moving Average: What That Means for Investors

Should investors be excited or worried when a stock crosses above the 20-day simple moving average? Xilinx (XLNX) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, XLNX crossed above the 20-day moving average, suggesting a short-term bullish trend.A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages.Similar to other SMAs, if a stock's price moves above the 20-day, the trend is considered positive, while price falling below the moving average can signal a downward trend.XLNX could be on the verge of another rally after moving 9.2% higher over the last four weeks. Plus, the company is currently a Zacks Rank #1 (Strong Buy) stock.Looking at XLNX's earnings estimate revisions, investors will be even more convinced of the bullish uptrend. There have been 6 revisions higher for the current fiscal year compared to none lower, and the consensus estimate has moved up as well.With a winning combination of earnings estimate revisions and hitting a key technical level, investors should keep their eye on XLNX for more gains in the near future. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Xilinx, Inc. (XLNX): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Is A.P. MollerMaersk (AMKBY) Stock Outpacing Its Transportation Peers This Year?

Here is how A.P. MollerMaersk (AMKBY) and ArcBest (ARCB) have performed compared to their sector so far this year. The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. A.P. MollerMaersk (AMKBY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.A.P. MollerMaersk is a member of the Transportation sector. This group includes 139 individual stocks and currently holds a Zacks Sector Rank of #2. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. A.P. MollerMaersk is currently sporting a Zacks Rank of #1 (Strong Buy).The Zacks Consensus Estimate for AMKBY's full-year earnings has moved 42.5% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.Based on the latest available data, AMKBY has gained about 40.6% so far this year. At the same time, Transportation stocks have gained an average of 10.3%. This means that A.P. MollerMaersk is performing better than its sector in terms of year-to-date returns.ArcBest (ARCB) is another Transportation stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 148.6%.Over the past three months, ArcBest's consensus EPS estimate for the current year has increased 22.4%. The stock currently has a Zacks Rank #1 (Strong Buy).Looking more specifically, A.P. MollerMaersk belongs to the Transportation - Shipping industry, which includes 44 individual stocks and currently sits at #52 in the Zacks Industry Rank. This group has gained an average of 61% so far this year, so AMKBY is slightly underperforming its industry in this area.ArcBest, however, belongs to the Transportation - Truck industry. Currently, this 12-stock industry is ranked #15. The industry has moved +61.2% so far this year.Investors with an interest in Transportation stocks should continue to track A.P. MollerMaersk and ArcBest. These stocks will be looking to continue their solid performance. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report A.P. MollerMaersk (AMKBY): Free Stock Analysis Report ArcBest Corporation (ARCB): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Is Aluminum (ACH) Stock Outpacing Its Basic Materials Peers This Year?

Here is how Aluminum (ACH) and AdvanSix (ASIX) have performed compared to their sector so far this year. For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Aluminum (ACH) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.Aluminum is a member of our Basic Materials group, which includes 251 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Aluminum is currently sporting a Zacks Rank of #1 (Strong Buy).Over the past 90 days, the Zacks Consensus Estimate for ACH's full-year earnings has moved 9.9% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.Based on the most recent data, ACH has returned 57.4% so far this year. Meanwhile, stocks in the Basic Materials group have gained about 7.9% on average. This means that Aluminum is outperforming the sector as a whole this year.Another stock in the Basic Materials sector, AdvanSix (ASIX), has outperformed the sector so far this year. The stock's year-to-date return is 130.2%.The consensus estimate for AdvanSix's current year EPS has increased 14.1% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).Breaking things down more, Aluminum is a member of the Mining - Non Ferrous industry, which includes 10 individual companies and currently sits at #118 in the Zacks Industry Rank. On average, stocks in this group have gained 19.3% this year, meaning that ACH is performing better in terms of year-to-date returns.AdvanSix, however, belongs to the Chemical - Specialty industry. Currently, this 37-stock industry is ranked #173. The industry has moved +6.4% so far this year.Investors with an interest in Basic Materials stocks should continue to track Aluminum and AdvanSix. These stocks will be looking to continue their solid performance. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Aluminum Corporation of China Limited (ACH): Free Stock Analysis Report AdvanSix (ASIX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Is Axcelis Technologies (ACLS) Outperforming Other Computer and Technology Stocks This Year?

Here is how Axcelis Technologies (ACLS) and Broadcom Inc. (AVGO) have performed compared to their sector so far this year. For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Axcelis Technologies (ACLS) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.Axcelis Technologies is a member of our Computer and Technology group, which includes 647 different companies and currently sits at #8 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Axcelis Technologies is currently sporting a Zacks Rank of #1 (Strong Buy).Within the past quarter, the Zacks Consensus Estimate for ACLS' full-year earnings has moved 8.8% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.According to our latest data, ACLS has moved about 136% on a year-to-date basis. Meanwhile, stocks in the Computer and Technology group have gained about 26.5% on average. This shows that Axcelis Technologies is outperforming its peers so far this year.Another stock in the Computer and Technology sector, Broadcom Inc. (AVGO), has outperformed the sector so far this year. The stock's year-to-date return is 34.8%.Over the past three months, Broadcom Inc.'s consensus EPS estimate for the current year has increased 0.4%. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, Axcelis Technologies belongs to the Electronics - Manufacturing Machinery industry, which includes 11 individual stocks and currently sits at #28 in the Zacks Industry Rank. On average, stocks in this group have gained 40.8% this year, meaning that ACLS is performing better in terms of year-to-date returns.Broadcom Inc. however, belongs to the Electronics - Semiconductors industry. Currently, this 40-stock industry is ranked #48. The industry has moved +40.2% so far this year.Axcelis Technologies and Broadcom Inc. could continue their solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to these stocks. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report Broadcom Inc. (AVGO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

5 ETFs Trading At New Highs

After a wild swing over the past few sessions, Wall Street showed the biggest rally in nine months on bets that the Omicron variant is less fearful than expected. After a wild swing over the past few sessions, Wall Street showed the biggest rally in nine months on bets that the Omicron variant is less fearful than expected. While several ETFs have gained with the broader market, a few have hit fresh highs.We have highlighted five from different zones that hit new peaks in the recent trading session and will likely continue to roar higher with the market. These include SPDR S&P Homebuilders ETF XHB, iShares U.S. Real Estate ETF IYR, iShares Semiconductor ETF SOXX, First Trust Indxx NextG ETF NXTG and Invesco S&P 500 Low Volatility ETF SPLV.The Nasdaq Composite outperformed, jumping 3.1% and representing the best day since Mar 9. The Dow Jones Industrial Average gained 1.5% while the S&P 500 climbed 2.1%, marking the best day since Mar 1 (read: 5 Top-Ranked ETFs to Buy At Bargain Prices).Dr. Anthony Fauci, the White House chief medical adviser, said that early indications of Omicron suggest that it may be less dangerous than the Delta variant. Additionally, China has pledged measures to support economic growth that has rekindled investors’ interest in riskier assets.Overall, the economy is on firmer footing with increased consumer confidence, pick-up in hiring and higher wages. While inflation is rising at the fastest pace in 30 years, retail sales remain robust. Further, the U.S. service sector activity gauge hit a record high in November as businesses expedited hiring.We have profiled the above-mentioned ETFs in detail below:SPDR S&P Homebuilders ETF (XHB)SPDR S&P Homebuilders ETF provides exposure to homebuilders with a well-diversified exposure across building products, home furnishing, home improvement retail, home furnishing retail and household appliances. It tracks the S&P Homebuilders Select Industry Index, holding 35 stocks in its basket.SPDR S&P Homebuilders ETF is the most-popular option in the homebuilding space with AUM of $2.2 billion and charges 35 bps in annual fees. The product has a Zacks ETF Rank #2 (Buy) with a High risk outlook (read: Best-Performing ETF Areas of November).iShares U.S. Real Estate ETF (IYR)iShares U.S. Real Estate ETF offers exposure to U.S. real estate companies and REITs, which invest in real estate directly and trade like stocks. It follows the Dow Jones U.S. Real Estate Capped Index. iShares U.S. Real Estate ETF holds a basket of 88 securities with specialized REITs dominating the portfolio at 37.2% followed by residential REITs (15.3%) and industrial REITs (12.2%).iShares U.S. Real Estate ETF has amassed $6.3 billion in its asset base while trading in heavy volume of 7 million shares a day on average. It charges 41 bps in annual fees and has a Zacks ETF Rank #1 (Strong Buy) with a Medium risk outlook.iShares Semiconductor ETF (SOXX)iShares Semiconductor ETF has targeted access to the domestic semiconductor stocks. SOXX offers exposure to companies that design, manufacture and distribute semiconductors. iShares Semiconductor ETF tracks the ICE Semiconductor Index, holding 30 stocks in its basket.iShares Semiconductor ETF has amassed $9.4 billion in its asset base and charges a fee of 43 bps a year. SOXX trades in a solid volume of 833,000 shares and has a Zacks ETF Rank #1 with a High risk outlook (read: 5 Best Sector ETFs of November).First Trust Indxx NextG ETF (NXTG)First Trust Indxx NextG ETF offers exposure to companies that have devoted, or have committed to devote, material resources to the research, development and application of the fifth generation ("5G") and next-generation digital cellular technologies as they emerge. It tracks the Indxx 5G & NextG Thematic Index and holds 103 stocks in its basket.First Trust Indxx NextG ETF has AUM of 1 billion and trades in an average daily volume of 55,000 shares. The fund charges 70 bps in annual fees and has a Zacks ETF Rank #3 (Hold).Invesco S&P 500 Low Volatility ETF (SPLV)Invesco S&P 500 Low Volatility ETF provides exposure to stocks with the lowest realized volatility over the past 12 months. It tracks the S&P 500 Low Volatility Index and holds 101 securities in its basket. Invesco S&P 500 Low Volatility ETF is widely spread across sectors with consumer staples, utilities, industrials, and healthcare receiving double-digit exposure each.Invesco S&P 500 Low Volatility ETF has amassed $8.2 billion in its asset base and trades in heavy volume of around 3.7 million shares a day on average. It charges 25 bps in annual fees and has a Zacks ETF Rank #3 with a Medium risk outlook. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week.Get it free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR S&P Homebuilders ETF (XHB): ETF Research Reports iShares Semiconductor ETF (SOXX): ETF Research Reports Invesco S&P 500 Low Volatility ETF (SPLV): ETF Research Reports iShares U.S. Real Estate ETF (IYR): ETF Research Reports First Trust Indxx NextG ETF (NXTG): ETF Research Reports To read this article on Zacks.com click here......»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Campbell Soup (CPB) Q1 Earnings Surpass Estimates

Campbell (CPB) delivered earnings and revenue surprises of 9.88% and 2.64%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock? Campbell Soup (CPB) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $1.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.88%. A quarter ago, it was expected that this maker of canned soup, Pepperidge Farm cookies and V8 juice would post earnings of $0.47 per share when it actually produced earnings of $0.55, delivering a surprise of 17.02%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Campbell, which belongs to the Zacks Food - Miscellaneous industry, posted revenues of $2.24 billion for the quarter ended October 2021, missing the Zacks Consensus Estimate by 2.64%. This compares to year-ago revenues of $2.34 billion. The company has topped consensus revenue estimates just once over the last four quarters.The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.Campbell shares have lost about 15% since the beginning of the year versus the S&P 500's gain of 24.8%.What's Next for Campbell?While Campbell has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.Ahead of this earnings release, the estimate revisions trend for Campbell: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.78 on $2.26 billion in revenues for the coming quarter and $2.75 on $8.44 billion in revenues for the current fiscal year.Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Food - Miscellaneous is currently in the bottom 21% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.General Mills (GIS), another stock in the same industry, has yet to report results for the quarter ended November 2021. The results are expected to be released on December 21.This maker of Cheerios cereal, Yoplait yogurt and other packaged foods is expected to post quarterly earnings of $1.05 per share in its upcoming report, which represents a year-over-year change of -0.9%. The consensus EPS estimate for the quarter has been revised 0.2% higher over the last 30 days to the current level.General Mills' revenues are expected to be $4.84 billion, up 2.5% from the year-ago quarter. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Campbell Soup Company (CPB): Free Stock Analysis Report General Mills, Inc. (GIS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Broadcom (AVGO) to Report Q4 Earnings: What"s in the Cards?

Broadcom's (AVGO) fiscal fourth-quarter results are likely to reflect gains from solid upticks in infrastructure software and Wi-Fi 6E-compliant solutions. Broadcom AVGO is set to report fourth-quarter fiscal 2021 results on Dec 9.For the quarter, Broadcom expects revenues of $7.35 billion. The Zacks Consensus Estimate for revenues currently stands at $7.35 billion, suggesting growth of 13.7% from the year-ago quarter’s reported figure.The Zacks Consensus Estimate for earnings has remained steady at $7.75 per share over the past 30 days and indicates 22.1% growth from the figure reported in the year-ago quarter.Broadcom’s earnings beat the Zacks Consensus Estimate in all of the trailing four quarters, the average earnings surprise being 1.58%. Broadcom Inc. Price and EPS Surprise Broadcom Inc. price-eps-surprise | Broadcom Inc. Quote Let’s see how things have shaped up for Broadcom prior to this announcement:Factors to ConsiderBroadcom’s top-line growth is expected to have benefited from strong demand for its PON fiber in the broadband market, driven by the pandemic-induced work-from-home and online-learning waves. Continued solid demand for DOCSIS 3.1 cable modems has been a key catalyst.Robust adoption of Wi-Fi 6 and Wi-Fi 6E for access gateways, courtesy of solid demand from homes, enterprises, telcos and other service providers, is expected to have contributed to revenue growth across the broadband end market in the fiscal fourth quarter.Acceleration in 5G deployment, production ramp up and increase in radio frequency content are expected to have driven top-line growth.For fiscal fourth quarter, Broadband revenues are expected to have grown in double digits on a year-over-year basis. The company expects strong design win momentum for WiFi 6E in the United States, driven by increased deployment of next-generation last-mile fiber connectivity to homes by service providers like AT&T, British Telecom and Deutsche Telekom.Management expects wireless revenues to increase 25% on a year-over-year basis. Revenues from resales are expected to register 20% year-over-year growth.In the networking domain, the company expects revenues to increase in low double digits on a year-over-year basis. Server storage connectivity revenues are expected to be up low double digit year over year.In the fiscal fourth quarter, Broadcom expects its Semiconductor Solutions business to be up double digits on a year-over-year basis.The Zacks Consensus Estimate for the Semiconductor solutions segment’s revenues for the fiscal fourth quarter is pegged at $4.86 billion, suggesting growth of 0.6% from the figure reported in the year-ago quarter.Broadcom’s fiscal fourth-quarter performance is likely to reflect synergies from the buyouts of CA and Symantec’s enterprise security business. The pandemic-induced work-from-home trend may have favored the adoption of cloud-based infrastructure software solutions, which is likely to get reflected in the to-be-reported quarter’s top line.These factors are anticipated to have aided Broadcom’s Infrastructure software revenues. Revenues from the Infrastructure software segment are expected to increase mid-single digit on a year-over-year basis.The Zacks Consensus Estimate for the Infrastructure Software segment revenues for fiscal fourth quarter is pegged at $1.70 billion, indicating year-over-year growth of 5.7%.Broadcom is also benefiting from its partnership with Alphabet's GOOGL Google Cloud.In April, Broadcom inked a partnership with Alphabet to migrate Google Cloud’s core software solutions to the latter’s cloud environment. With this migration, business enterprises will be able to implement Broadcom’s software solutions like security and DevOps through Google Cloud.What Our Model IndicatesPer the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here.Broadcom has an Earnings ESP of 0.00% and a Zacks Rank #2. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Stocks to ConsiderHere are a few companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases:Costco Wholesale COST has an Earnings ESP of +1.18% and a Zacks Rank #3.Costco shares have returned 43.9% year to date compared with the Zacks Retail-Discount Stores industry’s growth of 24.4% and the Retail Wholesale Market sector’s decline of 8.5% year to date.Lululemon athletica LULU has an Earnings ESP of +1.37% and a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here.LULU shares have returned 24.9% year to date compared with the Zacks Textile Apparel industry’s growth of 17.5%. LULU has outperformed the Consumer Discretionary sector’s decline of 11.1% year to date. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Costco Wholesale Corporation (COST): Free Stock Analysis Report lululemon athletica inc. (LULU): Free Stock Analysis Report Broadcom Inc. (AVGO): Free Stock Analysis Report Alphabet Inc. (GOOGL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Flowserve (FLS) Displays Solid Prospects, Headwinds Persist

Flowserve (FLS) stands to gain from a healthy backlog level, solid liquidity position and shareholder-friendly policies. Supply-chain issues and high debt levels weigh on it. Flowserve Corporation FLS has been benefiting from strong bookings, solid backlog level and high backlog conversion capability. In the third quarter of 2021, the company's total bookings grew 13.1% year over year, driven by strong growth in both original equipment and aftermarket bookings. Also, exiting the third quarter, its backlog level remained robust at $1.97 billion. The implementation of additional Flowserve 2.0 initiatives is expected to enable the company to capture more margin enhancement opportunities with efficient cost management and higher productivity.FLS’ healthy liquidity position adds to its strength. Exiting the third quarter, it had total available liquidity, consisting of cash and cash equivalents of $1,457.3 million and $708.6 million of available capacity under its revolving credit facility. Also, in the first nine months of 2021, it generated $117 million of free cash flow. It focuses on delivering free cash flow conversion in excess of 100% of its net income.It remains committed to rewarding shareholders through dividend payments and share buybacks. For instance, in the first nine months of 2021, the company repurchased shares worth $17.5 million and paid out dividends worth $78.6 million.However, Flowserve has been facing the adverse impacts of labor availability, logistics problems and supply-chain woes. The headwinds have deferred revenue generation of about $60 million and lowered gross profits by $20 million in the quarter. Also, the company’s realignment plan has been fuelling expenses and adversely impacting profitability. In the third-quarter, its net income was adversely impacted by realignment expenses of 2 cents per share.Its high-debt profile also poses a concern. Exiting the third quarter, its long-term debt remained high at $1,272.2 million. Interest expenses in the quarter jumped 9.2% year over year to $14.7 million. Any further increase in debt levels can raise the company’s financial obligations.Image Source: Zacks Investment ResearchIn the past three months, this Zacks Rank #3 (Hold) stock has lost 13.5% compared with the industry’s decline of 3.1%.Key PicksSome better-ranked companies from the same space are discussed below.Helios Technologies, Inc. HLIO presently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. Its earnings surprise in the last four quarters was 37.54%, on average.In the past 30 days, Helios’ earnings estimates have increased 7.9% for 2021 and 9.8% for 2022. Its shares have gained 18.8% in the past three months.Applied Industrial Technologies, Inc. AIT presently carries a Zacks Rank #2. Its earnings surprise in the last four quarters was 26.71%, on average.Applied Industrial’s earnings estimates have been stable for fiscal 2022 (ending June 2022) and fiscal 2023 (ending June 2023) in the past 30 days. Its shares have gained 19.1% in the past three months.Welbilt, Inc. WBT presently carries a Zacks Rank #2. Its average earnings surprise in the last four quarters was 172.50%.Welbilt’s estimates for 2021 have been stable for 2021 and 2022 in the past 30 days. Its shares have gained 1% in the past three months. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Flowserve Corporation (FLS): Free Stock Analysis Report Applied Industrial Technologies, Inc. (AIT): Free Stock Analysis Report Welbilt, Inc. (WBT): Free Stock Analysis Report Helios Technologies, Inc (HLIO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Lowe"s, Ollie"s Bargain Outlet, Toyota Motor, Tesla and Goodyear Tire highlighted as Zacks Bull and Bear of the Day

Lowe"s, Ollie"s Bargain Outlet, Toyota Motor, Tesla and Goodyear Tire highlighted as Zacks Bull and Bear of the Day.....»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Can US Aviation Restrictions Avert 5G C-Band Interference?

Verizon (VZ) and AT&T (T) voluntarily decide to heed FAA's pleas for restraint and deferred the commercial launch of their C-band 5G wireless service to January 2022. The Federal Aviation Administration (“FAA”) seems to have averted a collision course with the Federal Communications Commission (“FCC”) and various telecom advocacy groups by outlining a series of flight restrictions that will take effect from January. The safety-first approach aims to mitigate the risks apprehended due to the likely interference of 5G waves within the C-Band spectrum with certain flight operations.The FAA has raised concerns that the commercial launch of the C-band wireless service in the 3.7-3.98 GHz frequency band could cause the airwaves to interfere with radar or radio altimeter signals that measure the distance between the aircraft and ground. Data from these devices are fed to the cockpit safety system that helps pilots gauge the air safety metrics and prevent mid-air collision, avoid crashes and ensure a safe landing.In order to avert any potential disruption in essential safety sensors, the FAA has issued certain flight restrictions that would prevent pilots from operating the automatic landing option and other cockpit systems during inclement weather conditions. Although the directives are primarily intended to make 5G expansion and aviation coexist without compromising passenger safety, some airline industry groups have raised concerns. They feel that these would significantly impact air cargo and commercial air travel at night and in adverse weather conditions when visibility is relatively poor and automatic landing gears are essential.  On its part, the FCC has worked in unison with FAA to conduct several safety studies. The U.S. telecom industry has, however, argued that the 5G airwaves within the C-Band spectrum would not cause any hindrance to normal aviation safety standards. Citing data from wireless services currently in place in several other countries, it observed that FAA’s apprehensions lacked concrete evidence and were merely blown out of proportion. However, two leading telecom firms — Verizon Communications Inc. VZ and AT&T Inc. T — have voluntarily decided to heed FAA’s pleas for restraint and deferred the commercial launch of their C-band 5G wireless service to January 2022. The carriers have also agreed to minimize the power consumption of C-Band base stations around airports till Jul 6, 2022, as both the industry regulators seek to amicably resolve the issue.For the record, Verizon was the largest bidder with $45.5 billion worth of bids in the FCC-led C-Band auction for mid-band airwaves that generated about $81.2 billion in gross proceeds, followed by AT&T at $23.4 billion. The auction offered 280 MHz of spectrum for potential 5G deployments over the next few years. While Verizon secured 3,511 of the 5,684 licenses up for grabs, AT&T claimed 1,621.By virtue of its auction bids, Verizon has secured an average of 161 MHz of C-band nationwide spectrum. The C-Band offers significant bandwidth with better propagation characteristics for optimum coverage in both rural and urban areas than mmWave, which has a short range and requires a high density of sites to achieve coverage. Consequently, it is deemed a prized asset for carriers like Verizon and AT&T that lack considerable mid-band spectrum holdings.AT&T aims to bring the power of 5G to businesses and communities across the nation. The deployment of 5G in the C-Band spectrum enables it to better provide 5G services to subscribers, with the best mix of network coverage and capacity. As the first carrier in the industry, AT&T has unveiled its 5G policy framework that hinges on three pillars — mobile 5G, fixed wireless and edge computing. For a seamless transition among Wi-Fi, LTE and 5G services, the company intends to deploy a standards-based nationwide mobile 5G network. Its 5G service entails the utilization of millimeter-wave spectrum for deployment in dense pockets. In suburban and rural areas, it intends to deploy 5G on mid- and low-band spectrum holdings. It believes that as the 5G ecosystem evolves, customers can experience significant enhancements in coverage, speeds and devices.Meanwhile, leading U.S. House Democrats have urged the FCC to consider the gravity of the issue raised by the FAA and sought an immediate restraining order for the deployment of the C-Band for wireless use until a thorough risk assessment is conducted. Although the FCC did not comment, a coalition of industry trade groups has pointed out that further delay in the rollout of 5G technology would likely hamper the country’s economic growth.Amid this backdrop, FAA’s flight restrictions appear to be a winning formula for both sectors as leisure travel aims to regain its firm footing with an uptick in demand from the pandemic-induced adversities. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AT&T Inc. (T): Free Stock Analysis Report Verizon Communications Inc. (VZ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News

Lam Research (LRCX) Boosts Etch Capabilities With Syndion GP

Lam Research (LRCX) expands its reach to chipmakers by introducing Syndion GP, which offers deep silicon etch capabilities. Lam Research LRCX has rolled out a etch solution, namely Syndion GP, in order to expand its reach to the semiconductor industry.Notably, the solution, which is backed by Lam Research’s deep silicon etch capabilities, allows chipmakers to meet the precision control as well as improved productivity for high-volume manufacturing processes with flexibility.It helps chipmakers develop advanced power devices and power management integrated circuits by offering them deep silicon etch capabilities.Further, Syndion GP provides a smooth transition path to increased production capacity in the case of power devices manufacturing as it can be configured at 200 mm and 300 mm wafer sizes.We note that the unveiling of Syndion GP has added strength to the company’s deep silicon etch capabilities.Lam Research Corporation Revenue (TTM)  Lam Research Corporation revenue-ttm | Lam Research Corporation Quote Move to BenefitWe believe that the latest move will help Lam Research in gaining traction among chipmakers as Syndion GP is well-equipped to support chipmakers in addressing the growing demand for next-generation power devices. This, in turn, will aid top-line growth of the company.Moreover, the new solution seamlessly takes care of the precision manufacturing process, which is highly required in specialty devices used in the automotive, electric power delivery and energy industries. Hence, Lam Research is likely to gain a strong footprint in these industries on the back of Syndion GP.The move has bolstered the company’s suite of specialty technology offerings such as power devices, radio frequency IC solutions, micro-electromechanical systems, optoelectronic devices, analog and mixed-signal semiconductors, and CMOS image sensors.This, in turn, is expected to aid the adoption rate of Syndion GP across consumers, and industrial technologies and applications like 5G, IoT and electric vehicles, among others.Apart from this, the move has expanded Lam Research’s deep silicon etch portfolio, which includes 200 mm DSiE platform and 300 mm Syndion GS.Therefore, the latest move is likely to aid Lam Research to bolster its presence in the semiconductor etch market. Per a report by Mordor Intelligence, this particular market is expected to witness a CAGR of 3.9% between 2021 and 2026.Zacks Rank & Other Stocks to ConsiderCurrently, Lam Research carries a Zacks Rank #2 (Buy).Investors interested in the broader technology sector can consider stocks like Advanced Micro Devices AMD, Mimecast Limited MIME and TaskUs TASK, each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Advanced Micro Devices has gained 51.6% on a year-to-date basis. The long-term earnings growth rate for the stock is currently projected at 46.2%.Mimecast has gained 31.9% on a year-to-date basis. The long-term earnings growth rate for the stock is currently projected at 35%.TaskUs has gained 25.7% on a year-to-date basis. The long-term earnings growth rate for the stock is currently projected at 32.8%. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report Lam Research Corporation (LRCX): Free Stock Analysis Report Mimecast Limited (MIME): Free Stock Analysis Report TaskUs, Inc. (TASK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Source:  zacksCategory: top~3 hr. 49 min. ago Related News