understanding the stock market


President-elect Donald Trump is beefing up his cadre of CEO-advisors: the incoming commander-in-chief said Wednesday that he is adding three more of America’s most prominent chief executives to an economic forum dedicated to job creation and productivity.

The Trump transition team announced Wednesday that the President’s Strategic and Policy Forum is adding to its ranks Tesla and SpaceX CEO Elon Musk, Uber co-founder and CEO Travis Kalanick, and PepsiCo CEO Indra Nooyi. The forum, which was first announced earlier this month, is meant to give the president-elect direct and non-partisan perspectives from the private sector as he shapes his economic agenda. Previously-announced forum members include JPMorgan chief Jamie Dimon, GM head Mary Barra  and Disney’s Bob Iger. Stephen Schwarzman, the billionaire co-founder of the Blackstone Group, will serve as the forum’s chair.


“America has the most innovative and vibrant companies i n the world, and the pioneering CEOs joining this Forum today are at the top of their fields,” Trump said in a statement Wednesday morning. “My administration is going to work together with the private sector to improve the business climate and make it attractive for firms to create new jobs across the United States from Silicon Valley to the heartland.” 

understanding the stock market: Costco Wholesale Corporation(COST)


Advisors’ Opinion:

  • [By Shanthi Rexaline]

    Kroger Co (NYSE: KR) and Costco Wholesale Corporation (NASDAQ: COST) are among the other retailers that significantly benefit from SNAP.

    Although estimates are not available, beverage giants such as PepsiCo, Inc. (NYSE: PEP), Dr Pepper Snapple Group Inc. (NYSE: DPS) and The Coca-Cola Co (NYSE: KO) also benefit from SNAP. When there was a move in 2011 to bring about restrictions on SNAP purchases, Pepsi reportedly spent $750,000 in the third quarter of 2011 on lobbying alone.

  • [By Daniel B. Kline]

    Costco (NASDAQ:COST) has not raised membership fees in the United States and Canada since November 2011, and CFO RIchard Galanti hinted during its Q1 earnings call in December 2016 that an increase was coming this year.Those hints will become reality on June 1.

  • [By Teresa Rivas]

    Costco (COST) is lower after hours, following its mixed first-quarter earnings report.

    Costco said that it earned $1.24 a share, a nickel ahead of analysts expectations.


    Its revenue of $28.1 billion was slightly below the $28.3 billion analysts were expecting. However, it was above the $27.5 billion it said that it expected to earn in its Nov. 30 pre-announcement.

    Costco is down 1% to $152.36 after hours, after closing up 1.9% during regular trading. The shares are down 4.7% year to date.

  • [By Demitrios Kalogeropoulos]

    As for individual stocks, Costco Wholesale(NASDAQ:COST) and Big Lots (NYSE:BIG) were some of the biggest individual movers as investors reacted to details from their latest quarterly earnings reports.

  • [By Daniel B. Kline]

    Costco (NASDAQ:COST) continues to squander an opportunity by operating as if the internet has not become a major factor in retail.

    The company has proven resilient in the face of digital competitors led by Amazon (NASDAQ:AMZN). While other retailers are shuttering stores, losing sales, and generally fighting for survival, the warehouse chain has not had that problem.

  • [By Chris Lange]

    Costco Wholesale Corp. (NASDAQ: COST) is seen in many consumers eyes as one of the best values out there, whereas Whole Foods has had trouble shaking its Whole Paycheck moniker. But this could change after the acquisition. The question is how Whole Foods value proposition changes relative to Costco once Amazon is in control. In other words, how much will Whole Foods lower prices?

understanding the stock market: Cherokee Inc.(CHKE)


Advisors’ Opinion:

  • [By Lisa Levin]

    Cherokee Inc (NASDAQ: CHKE) shares dropped 37 percent to $4.85 after the company reported a loss for its first quarter on Thursday. The company reported an adjusted loss of $0.07 per share, versus analysts’ estimates for a profit of $0.13 per share.

  • [By Lisa Levin]

    Cherokee Inc (NASDAQ: CHKE) shares dropped 32 percent to $5.26 after the company reported a loss for its first quarter on Thursday. The company reported an adjusted loss of $0.07 per share, versus analysts’ estimates for a profit of $0.13 per share.

understanding the stock market: AVG Technologies N.V.(AVG)


Advisors’ Opinion:

  • [By Igor Novgorodtsev]

    InterActiveCorp (IACI) bought Ask.com for $1.85 billion in 2005. The new Perion will be worth only about 40% of that. After the merger, Perion will leapfrog its much larger rivals: Babylon and AVG (AVG). Finally, Perion should be able to increase its operating margins as it can spread its SG&A costs over a much larger base (Conduit EBITDA margin is 32% vs. Perion’s 23%). Perion will keep its senior management team intact: Josef Mandelbaum will remain its CEO and Yacov Kaufman its CFO. Perion has successfully orchestrated a roll-up acquisitions of privately-held Sweetpacks and Smilebox, so I have high confidence that they know how to integrate a new business.

understanding the stock market: Clean Energy Fuels Corp.(CLNE)


Advisors’ Opinion:

  • [By Michael Vodicka]

    Clean Energy Fuels Corp. (CLNE) designs, builds and operates natural gas filling stations in the United States. The company supplies compressed natural gas (CNG) and liquefied natural gas (LNG), serving a fleet of 650 customers, more than 32,000 natural-gas vehicles while owning or supplying more than 350 filling stations in 32 states.

  • [By Lisa Levin]

    In trading on Wednesday, energy shares fell by 1.72 percent. Meanwhile, top losers in the sector included Clean Energy Fuels Corp (NASDAQ: CLNE), down 5 percent, and Frontline Ltd. (NYSE: FRO), down 7 percent.

  • [By Jason Hall]

    Natural gas for transportation leader Clean Energy Fuels Corp (NASDAQ:CLNE) has steadily grown and improved the quality of its business and business results over the past several years. Today’s Clean Energy Fuels is leaner, has a stronger balance sheet, and is in a solid position as a market leader in a growth industry.

understanding the stock market: Geo Group Inc (The)(GEO)

Advisors’ Opinion:

  • [By Shanthi Rexaline]

    Height Securities said in a note that the recent drama surrounding Sessions, known as a friend to the industry, has scared the wits out of investors in Corecivic Inc (NYSE: CXW) and The GEO Group Inc (NYSE: GEO).

  • [By Wayne Duggan]

    If a potential Trump impeachment appears to be progressing, traders should watch for potential buying opportunities in the following places:

    U.S. companies with primarily domestic exposure and the SPDR S&P 500 ETF Trust (NYSE: SPY). Bank stocks and the Financial Select Sector SPDR Fund (NYSE: XLF). Prison stocks Corecivic Inc (NYSE: CXW) and The GEO Group Inc (NYSE: GEO). Energy and coal stocks, including the Market Vectors Coal ETF (NYSE: KOL).

    __________

  • [By Jon C. Ogg]

    Corrections Corporation of America (NYSE: CXW) was trading up 7.8% at $20.97 shortly before Monday’s closing bell. GEO Group Inc. (NYSE: GEO) was up 2.2% at $31.29.