With the current bull market entering its eighth year and the S&P 500 trading wellabove its historic average, it’s becoming increasingly difficult to find and buy cheap stocks today — challenging, but not impossible.
In fact, some of businesses’ biggest names trade at significant discounts to the market, including companies like Warren Buffett’s Berkshire Hathaway....More>>>
Earnings season can be one of the most lucrative times of the year for stock traders.
Just take a look at Money Morning Quantitative Specialist Chris Johnson’s track record.
He banked a 224% profit on Best Buy Co. (NYSE: BBY) after its May 2017 earnings report, 151% on Deere & Co. (NYSE: DE) in May 2017, and another 100% gainer in only 18 days after Alibaba Group Holding....More>>>
A while back, DigiTimes reported that Taiwan Semiconductor Manufacturing Company (NYSE:TSM), a major contract chip manufacturer, planned to introduce an enhanced variant of its 16nm manufacturing technology dubbed “12nm.”
On the chipmaker’s most recent earnings call, an analyst asked management about this potential new technology. The company seemingly confirmed its existence,....More>>>
In its first-quarter earnings report, Twitter (NYSE:TWTR) proved its strong fourth-quarter performance wasn’t a one-time thing. Not only is Twitter’s revenue finally growing at strong rates again, but the company has managed to make its business profitable, reporting two quarters in a row of GAAP (generally accepted accounting principles) profitability.
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>>>
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:
Remember the mass layoffs of 2008-2009? The US economy shed millions of jobs quickly and relentlessly, as companies died and the rest fought for survival.
Then the Fed and the US government flooded the banks and the corporate sector with bailouts and handouts. With those giga-tons of liquidity sloshing around, as well as taking on massive amounts of new cheap debt, companies were able to....More>>>
Creative Planning cut its holdings in shares of Deere & Company (NYSE:DE) by 6.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 42,725 shares of the industrial products compan
Shares of Cypress Semiconductor (NASDAQ:CY) rallied 33% last year, but the chipmaker's stock advanced less than 3% this year. That anemic growth compared poorly to the Philadelphia Semiconductor Index's 5% gain and the NASDAQ's 10% rally.
Cypress Capital Management LLC WY boosted its position in John Deere (NYSE:DE) by 68.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,350 shares of the industrial products company