While its big brother TJX Companies (NYSE:TJX) deservedly receives attention, Ross Stores (NASDAQ:ROST) continues to outperform expectations. Revenue growth crushed expectations, coming in $140 million above consensus growing 11.5% y/y to $3.1 billion while EPS was $0.06 above expectations at $0.62 per share, up 17% y/y. Given its high growth rate and relatively small size, I think shares are worth....More>>>
There has been no shortage of news on the geopolitical and economic front this week just as first-quarter earnings get underway, but in the face of all of this stocks have been remarkably resilient, writes U.S. Banks Terry Sandven.
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In his latest note, Sandven writes that he expects that the macro environment will keep supporting higher equity prices,....More>>>
By Vitor Gaspar and Ruud De Mooij
Imagine how three-dimensional printing, driverless cars and artificial intelligence will change our future. Or think of how developments in information technology, e-commerce and the sharing economy are already changing the way we learn, work, shop, and travel. Innovation drives progress and, in economic terms, determines productivity growth. And productivity....More>>>
Theres an old Chinese curse that translates roughly into may you live in interesting times. Americans today certainly are living in interesting times, but few investors feel cursed. A nearly eight-year-old bull market has sprinted to a series of new highs since the presidential election. Standard & Poors 500-stock index, which closed at 2351 on February 17, has surged 9.9% since the close....More>>>
HP Inc. (HPQ) rose to the top of the S&P 500 Wednesday.
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The shares climbed 48 cents, or 2.7%, to $18.02, compared to the S&P 500, which lost 8.85 points, or 0.38%, to 2344.93.
HP was helped by data from IDC that showed the firm regained the crown of top PC vendor from rival Levono Group in Q1.
In addition, Morgan Stanleys....More>>>
It’s a new week, but that doesn’t necessarily mean the excitement is over.
Last week was historic, with the surprise election of Donald Trump and the quick reversal in stocks from limit down in overnight trading Tuesday to explosive rallies in stocks and Treasury yields Wednesday and Thursday. We’re probably not going to see such huge swings in the coming week, but intraday....More>>>
Enterprise Products Partners (NYSE: EPD) is an American natural gas and crude oil pipeline company, and with a $60 billion market cap, one of the largest. The company has had a difficult time since the start of the oil crash, with its stock price dropping by almost 40%. Despite this, as we will see through this article, the company has impressive assets, strong growth potential, and a commitment....More>>>
If you want to make big gains in the market, you need to invest in growth. Just consider the gains you could have made during the U.S. consumer boom in the 1950s… From 1950 to 2015, U.S. gross domestic product (GDP) per capita rose 690%, adjusted for inflation. During that time, the S&P 500 soared 11,700% (not including reinvested dividends). Over the course....More>>>
If you’re like most American workers, you’ve probably left behind a 401(k) retirement account at a former employer. Or two. Or three. That could cost you.
A 35-year-old radiologist came to Denis Higgins, a CPA at Edelstein Wealth Management in Boston for a financial check-up, with four 401(k)s—three from old jobs worth $100,000 in total, and one at his new job at a physicians’....More>>>
Costco Wholesale (NASDAQ:COST) has produced long-term success that most of its retail peers can only wish they had. Yet even though the company’s warehouse retail business model has proven tougher than expected to emulate, Costco still has had to deal with the negative impact from online competition and a change in the way people like to shop. Costco will release its fiscal second-quarter....More>>>
One of the highest growth, revolutionary business models of decades past, Wal-Mart Stores (NYSE:WMT) is becoming something of a pariah of late. Years of stock trading underperformance, low or no growth from a monster top line sales position, and difficulties transitioning its focus from traditional brick and mortar stores to the new-age online retail space have hurt investor perceptions of Wal-Mart’s....More>>>
As the largest maker of recreational vehicles, this Top Pick for 2017 looks well-positioned in an industry rejuvenated by millennials and retiring baby boomers, observes Richard Moroney in his small-cap newsletter, Upside.
Thor Industries (THO) expects 2017 to be one of the strongest years for the RV industry since the 1970s.
The prospect of higher gasoline prices seems unlikely....More>>>
Jim Cramer shares his views every day on RealMoney. Click here for a real-time look at his insights and musings.
Cramer: How a Good Day for the Market Got Leveled
Posted at 6:02 p.m. on Thursday, April 13, 2017
Just a bad setup. Terrible. And frankly it didn’t matter what the companies reporting Thursday had to say. The market wanted to go down.
Here comes robo trucks.
Alphabet (GOOGL) spin-off Waymo is developing autonomous trucks, according to a Buzzfeed report on Thursday night.
“We’re taking our eight years of experience in building self-driving hardware and software and conducting a technical exploration into how our technology can integrate into a truck,” a Waymo spokesperson reportedly....More>>>
Small cap insurance software stock Ebix Inc (NASDAQ: EBIX) reported Q1 2017 earnings before the market opened this morning. Q1 revenue rose 11% to $79.1 million and decreased 1% over Q4 2016 revenue of $80.0 million. The year over year revenue improvement reflected growth in the Companys Exchange, Risk Compliance, and Broker Solution channels. On a constant currency basis, Q1 revenue increased 10%....More>>>