Wall Street had an impressive 2020 defying the global outbreak of the novel coronavirus. The stock market rally, which started during the pandemic-ridden April, continued till December, barring some fluctuations in September and October. The rally is likely to last through Janu
Olin Corporation’s OLN shares have shot up around 77% over the past three months. The company is benefiting from investment in the Information Technology (IT) project, the Lake City U.S. Army contract and its productivity actions. We are positive on the company’s prospects an
Wall Street's north bound journey gathered momentum in the first week of January. On Jan 7, all three major stock indexes — the Dow, the S&P 500 and Nasdaq Composite — achieved new milestones of surpassing 31,000, 3,800 and 13,000, respectively, for the first time. All th
Envestnet, Inc. ENV has an impressive Growth Score of A. This style score condenses all the essential metrics from a company’s financial statements to get a true sense of quality and sustainability of its growth. Envestnet’s earnings are anticipated to register 6.4% growth
Huron Consulting Group Inc. HURN yesterday announced that it has agreed on acquiring data strategy and technology consulting firm Unico Solution. The deal is expected to be completed in February. Financial terms have been kept under wraps.
Brady Corporation BRC is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for BRC broke out above the 200 Day Simple Moving Average, suggesting a sho
Haynes International, Inc. HAYN is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for HAYN broke out above the 200 Day Simple Moving Average, sugge
Amerant Bancorp Inc. AMTB is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for AMTB broke out above the 200 Day Simple Moving Average, suggesting
Preferred Apartment Communities, Inc. APTS has been struggling lately, but the selling pressure may be coming to an end soon. That is because APTS recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.
By depressing world birth rates and population projections further, the still-raging pandemic may also damage the ability of economies to grow their way out of the additional debt piles COVID-19 has foisted upon them.
Analysts have raised their forecasts for the Canadian dollar, expecting Canada's economy to benefit from fiscal stimulus and higher oil prices but after a 10-month rally the currency is set for a period of consolidation, a Reuters poll showed.
Meridian Bioscience (VIVO) is a $900 million provider of diagnostic test kits for gastrointestinal and respiratory infectious diseases. The company is expected to grow sales 18% this year to $300 million. And as EPS estimates rise to $1.19 after COVID uncertainty, it's back to a
The stocks of hydrogen and fuel cell makers fared well last year, driven by increasing interest in clean energy, the recent extension of tax credits for fuel cell projects, and the election of Democrat Joe Biden to the U.S. presidency – who has proposed to spend as much a
Moderna (NASDAQ: MRNA) provided updates on the manufacturing of its Covid-19 vaccine, noting that it was increasing the baseline production estimate for this year to 600 million doses, 100 million more than it had initially projected. The company also said that it was cont
After close to 100% gain since the March 23 lows of the last year, at the current price of $13 per share we believe Credit Suisse Stock (NYSE: CS) has some more room to go. Credit Suisse, the second-largest Swiss bank, has seen its stock rally from $7 to $13 off the recent bott
Messenger RNA or mRNA technology has come of age, with the first two Covid-19 vaccines (Moderna and BioNTech/Pfizer) approved by Western regulators being based on the technology. The technology promises big benefits for drug development, considering the relatively quick develop
Supported by the recovery in benchmark oil prices, the shares of EOG Resources (NYSE: EOG) have rallied by 55% since November 2020. Considering the uncertainty associated with the macroeconomic rebound and oil demand, the company plans to curtail capital expenses for the next c
Roku Inc stock (NASDAQ: ROKU), a company that sells streaming media players, digital content, and advertising, saw its stock rally by an impressive 135% in the last one year. Compared to its lows of March 2020, the stock is currently up a whopping 420%, with its market cap stan
After rising more than 5x from its March lows of 2020, at the current price near $16 per share, Cleveland-Cliffs stock (NYSE: CLF) looks fairly valued at the moment. The stock rallied from $3 to $16 off its recent bottom compared to the S&P 500 which increased 67% from its
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