Fitbit Inc. (NYSE:FIT) has been in a clear downward trajectory since it hit its all-time high of about $50 per share shortly after its IPO in 2015. In the latter half of 2016, the stock took a huge hit, and as we begin 2017, is trading just off of all-time lows. I believe this latest selloff was unwarranted and was substantially a function of tax loss harvesting. Moreover, FIT has been gaining market....More>>>
Cryptocurrencies simply couldn’t be stopped in 2017, and blockchain technology is to thank for that.
Blockchain is the digital, distributed, and decentralized ledger underlying most virtual currencies that’s responsible for logging all transactions without the need for a financial intermediary, such as a bank. In other words, it’s a new means of transmitting funds and/or....More>>>
The high-flying Indian IT outsourcing industry has withstood several challenges in the past. However, a recent obstacle has sent the industry into a tailspin, as these firms scurry around to identify strategies to work around the hindrance.
The industry — valued at over $150 billion and comprising companies such as Wipro Limited (ADR) (NYSE: WIT), Cognizant Technology Solutions Corp....More>>>
March has brought madness to airline stocks, including United Continental Holdings (UAL), Delta Air Lines (DAL), and American Airlines (AAL). But the recent pullbacks aren’t a buying opportunity, say Imperial Michael Derchin and Adam Hackel.
Agence France-Presse/Getty Images
I recommended United Continental on Nov. 19, the week that Warren Buffett’s Berkshire Hathaway (BRK.B)....More>>>
Apple Inc stock testing 20-day SMA support line.
Source:Apple Inc Technical Chartsby amigobulls.com
Shares of Cupertino, California-based Apple Inc (NASDAQ:AAPL)have had a good run so far in 2017. Apple Inc stock rallied more than 20% since the beginningof the year in comparison to 9% gain in Nasdaq Composite (INDX:COMPX) in the same period. However, Apple Inc stock has lost some....More>>>
SLS International (AMEX:SLS) has been given a $11.00 target price by stock analysts at HC Wainwright in a note issued to investors on Monday. The brokerage currently has a “buy” rating on the biotechnology company’s stock.
SLS has been the topic of a number of other research reports. Maxim Group set a $13.00 price target on SLS International and gave the company a “buy”....More>>>
It’s important for investors to know how to invest in penny stocks safely. That’s because they’re often volatile and can sometimes be fraudulent, despite offering triple-digit returns in a matter of weeks. We’ll show you our top two strategies for finding good penny stocks to buy, plus our small-cap stock pick primed for double-digit growth this year…
The global market for alternative energy soared to $1.35 trillion last year, and that’s just the beginning of this explosive industry growth.
For savvy investors, right now is the perfect time to get in early on alternative energy investments as renewable energy begins overtaking the energy market.
You see, the need for energy is a constant across the globe. And demand for....More>>>
Go back a year, and offshore drillers like Noble (NE), Rowan (RDC), Transocean (RIG) and Atwood Oceanics (ATW) had been all but written off–until they weren’t anymore. Since then, investors have been rewarded for picking winners in the group from the losers, as Atwood Oceanics has more than doubled, Transocean has gained 34%, and Rowan has risen 42%, while Noble and Diamond Offshore....More>>>
Even though recent weeks have been relatively volatile for Vestas Wind Systems (OTCPK:VWDRY) as U.S. President Donald Trump decided to withdraw from the Paris climate accord, long-term prospects of the world’s biggest wind turbine maker still look very optimistic. With several fundamental drivers and untapped opportunities in two future renewable powerhouses –....More>>>
BALTIMORE ( Stockpickr) — This Thanksgiving, have your turkey and mashed potatoes with a side of stock gains. It may sound surprising, but statistically speaking, Thanksgiving week has a distinct bullish bias for the stock market.
Must Read: Warren Buffett’s Top 10 Dividend Stocks
(That’s in spite of a closed market on Thursday, and a shortened session on Friday.)