Marijuana stocks are on fire, and it’s certainly not hard to understand why. Euphoria is exceptionally high (pardon the pun) with Canada set to legalize the sale and consumption of recreational marijuana exactly five weeks from today. A legal weed industry is one that could bring in billions of dollars annually, which is a big reason why investors have pushed marijuana stock valuations into....More>>>
Goldcorp (NYSE: GG) is one of 41 publicly-traded companies in the “Gold & silver ores” industry, but how does it weigh in compared to its peers? We will compare Goldcorp to similar businesses based on the strength of its risk, valuation, institutional ownership, profitability, earnings, dividends and analyst recommendations.
Warren Buffett aims to hold stocks forever. Were a bit less patient. But we like playing the long game: picking a few solid companies, sticking with them through tough times and hanging on for years, even a decade or more. Investing for the long haul can smooth out the risks of buying individual stocks, which may tumble or stay depressed for ages before taking off. A companys innovations may also....More>>>
Small cap satellite stock Iridium Communications (NASDAQ: IRDM) reportedQ2 2017 earnings before the market opened on Thursday with results beating expectations. Total revenueincreased 2% to $111.6 million which consisted of $86.6 million of service revenue and $25.0 million of revenue related to equipment sales and engineering and support projects.Service revenue, which represents primarily recurring....More>>>
Lam Research (LRCX) soared to the top of the S&P 500 today after beating earnings forecasts and raising its fourth-quarter guidance.
Lam Researchgained 6.9% to $136.17 today, while the S&P 500 declined 0.2% to 2,338.17.
Credit Suisse analysts Farhan Ahmad and John Pitzer and argues that Lam Research’s “new trough is higher than [its] old peak.”....More>>>
Watching the fireworks yesterday, a houseguest commented on why the techno display is bad for the environment (there’s always one in every crowd, isn’t there…!) It’s hard to ignore the majesty of a well produced fireworks display, and I don’t really see too many people hopping on the “let’s clean up the environment by eliminating standard 4th....More>>>
For years, Toys “R” Us was an American success story.
Now the discount toy retailer is in its final chapter. The company filed for bankruptcy in September. On Wednesday, Toys “R” Us told employees that it would close or sell all its stores in the United States.
It’s an ignominious end for the company that was once the toy industry’s powerhouse.....More>>>
Transocean (RIG) beat earnings forecasts and probably has enough cash but Jefferies analyst Eduardo Royes and team still consider its stock to be a bigger risk when compared to its peers (I’m guessing they mean Diamond Offshore Drilling (DO), Noble (NE) and Ensco (ESV), among others). They explain why:
Matthew Lloyd/Bloomberg News
We tweak estimates and raise our PT on....More>>>