I will get right to it. After describing the reasons behind its meteoric rise and the discussing why this name was one of my top blue chip top picks for 2017, it comes down to performance. Just this morning Bank of America (NYSE:BAC), as well as other large banks, are out with key earnings reports. This matters for the 2017 call and it matters for the share price which has skyrocketed in the last....more>>>
With President-elect Donald Trump leading GOP control of Congress — and possibly the Supreme Court — what does this mean for your retirement?
Well, it’s unlikely there will be any draconian changes to retirement savings vehicles, but watch out for other potential game-changers. Some of them may hurt your ability to save and achieve financial security in your golden years.
Dear Mr. Trump, First, I would like to apologize for all the insightful and well-informed things I have written about you. But please keep in mind the context in which those remarks were made. Honestly, I think you're tremendous. Tremendous. I love you. You are an imbecile, it's true. But at least you are not a conniving, power-grasping, finger-pointing harpy. You at....more>>>
The following slide deck was published by Cancer Genetics, Inc. in conjunction with this event.
131 Click to enlarge Notes:trading options: Profire Energy, Inc.(PFIE)
Advisors’ Opinion:[By Monica Gerson]
Profire Energy, Inc. (NASDAQ: PFIE) is estimated....more>>>
Ambarella, Inc. (NASDAQ: AMBA) released fiscal third-quarter earnings report after markets closed on Thursday. The company posted $1.11 in earnings per share (EPS) and $100.5 million in revenue. The consensus estimates from Thomson Reuters called for $0.94 in EPS and $97.3 million in revenue. The same period from last year had $1.08 in EPS and $93.2 million in revenue.
Gross margin for the....more>>>
According to a Gartner report published earlier this year, global cloud application services, which consists of Software-as-a-Service (SaaS) offerings, are expected to grow 20% this year to $37.7 billion. The market is estimated to have grown 16% in 2015 to $31.4 billion. This growth is attributed to the shift in the models of software vendors who are transitioning from on-premises licensed software....more>>>
Keep it, and over time it will be worth less and less. It doesn't yield anything. And if you misplace it, it's gone forever. For these reasons, it's easy to dismiss cash as an investor. But in fact, cash is a good thing. And chances are, you'd be smart to have more of it in your portfolio. Here's why… 1. Cash helps you avoid market risk.....more>>>
American Express (AXP) has a lot to gain from lower taxes. How much? Sandler O’Neil’s Christopher Donat and Crispin Love do the math:
Raising 2018 EPS significantly as we reduce our federal tax rate assumption. The driver of our 16% increase in 2018 EPS is our assumption that the statutory federal tax rate will drop to 25% from the current 35% rate....more>>>
Lost amid all the talk of a new Glass-Steagall in the Republican platform is the fact that the party also wants to make it easier for companies like International Business Machines (IBM), Pfizer (PFE), Dow Chemical (DOW), Cisco Systems (CSCO), and Merck (MRK) to repatriate their foreign profits. Strategas Research Partners’ Daniel Clifton and team discuss:
Republican platform specifically....more>>>
Correlation between oil prices and MLPs came back this week, shattering the recent relative calm for MLPs. The index dropped 3.6%, moving in the opposite direction of yield-based equities (UTY +2.2%), equities in general (S&P 500 +0.5%) and natural gas prices.
Click to enlarge
MLPs either followed oil lower or dropped on an increase in risk premiums across the sector to reflect....more>>>
Yesterday, our Elite Opportunity Pronewsletter suggested large cap supermarket stock Kroger Co (NYSE: KR) as a potential speculative short trade:
I’m not going to dig deep into their financials, but trust me when I say we are not fans of Lululemon Athletica Inc. (LULU), The Kroger Co. (KR) and Nordstrom Inc. (JWN) right nowAs for KR and JWN, we just don’t think the current consumer....more>>>
Related MGPI 22 Biggest Mid-Day Gainers For Wednesday 12 Biggest Mid-Day Losers For Friday MGP Ingredients beats by $0.24, misses on revenue (Seeking Alpha) Related BG 7 Stocks That Rallied Three Days On Increasing Volume Earnings Scheduled For November 2, 2016 Bunge Limited....more>>>