Macquarie Infrastructure Company MIC failed to impress investors with its recent operational performance, due to difficult end-market conditions amid the coronavirus outbreak and other woes, which are expected to adversely impact earnings.The Zacks Rank #4 (Sell) company has a ma
Columbia Banking System, Inc. COLB 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 COLB broke out above the 200 Day Simple Moving Average, su
Banner Corporation BANR 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 BANR broke out above the 200 Day Simple Moving Average, suggesting a
Northrop Grumman Corp.’s NOC business unit, Northrop Grumman Systems recently secured a contract to conduct development, modernization, retrofit and sustainment activities for the Global Hawk program. The deal has been awarded by the Air Force Life Cycle Management Center, Wrig
Investors raised bullish positions on most Asian currencies, a Reuters poll showed, as a slew of promising COVID-19 vaccine trial results boosted appetite for riskier emerging market assets and reduced the safe-haven appeal of the dollar.
The Bank of Japan is quietly walking back its unpopular negative interest rates policy with a controversial scheme designed to drive mergers among weaker, smaller lenders, a move some insiders see as a risky deviation into industrial reform.
Xpeng (NYSE: XPEV) stock jumped 34% in Monday’s trading after it unveiled its next-generation autonomous driving architecture that will feature in its 2021 production models. The system will add laser-based lidar technology along with other significant software and hardwa
Value Tech Stocks such as Oracle (NYSE:ORCL) and Intel (NASDAQ:INTC) have had a mixed year. There was good reason for this, as the deep Covid-19 recession, abundant liquidity following interest rate cuts, and the growing at-home economy drove investors to hyper-growth software as
Zoom (NASDAQ:ZM) stock is up 6x this year, as the company’s video conferencing software became an indispensable tool for people working and learning from home through Covid-19 and the associated lockdowns. Zoom now has a market cap of over $120 billion and is now valued mor
Despite an impressive rise of 80% from its March lows of this year, at the current price of $65 per share, Rio Tinto stock (NYSE: RIO) still has some upside left. RIO stock rallied from $36 to $65 off its recent bottom, compared to the S&P 500 which increased 60% from its r
After a 65% rise since the March 23 lows of this year, at the current price of around $370 per share we believe Teleflex stock (NYSE: TFX), best known for its single-use medical devices for common diagnostic and therapeutic procedures, has reached its near-term potential. TFX s
We believe Philip Morris stock (NYSE: PM) is a decent opportunity at the present time. PM trades at $77 currently and is, in fact, down 10% so far this year. It traded at a pre-Covid high of $88 in February and is 13% below that level now. PM stock has gained 28% from the low o
Caterpillar stock (NYSE: CAT) is up 16% since the start of the year and it has gained around 2x from its March lows. Caterpillar faces downside risk as the company’s revenues in the last four quarters have declined by 21%. The ongoing Covid-19 crisis and the economic unce
We believe that Walgreens Boots Alliance stock (NASDAQ: WBA) may be a good buying opportunity at the present time. WBA stock trades near $38 currently and it is, in fact, down 36% so far this year (from $59 at the beginning of 2020). It traded at $44 in late March 2020 &nd
Here is an interesting fact. While most stocks have been climbing, Boston Scientific’s (NYSE:BSX) stock is doing something different. It fell -10.5% in the last 5 trading days and is down -9.5% in November overall. Does it mean it is time to get out? We don’t think
Ciena Corporation stock (NYSE: CIEN), best known for its network hardware, software, and services, has more room for growth in the near term. CIEN stock has rallied just 26% off the recent bottom significantly underperforming the S&P which moved 60% since its March lows, wi
Cardinal Health’s (NYSE:CAH) stock fell -11.9% in the last 5 trading days. While that may be concerning for investors, we believe that it is not a signal to get out of the stock. Our assessment – Cardinal Health’s stock is going to go up over the next few mont
Macy’s stock (NYSE: M) has become vulnerable due to its high operating costs, mall-based locations, and nonessential product assortment. Consequently, the company’s stock has lost 39% of its value so far this year, and currently stands at around $10. And, we believe
F5 Networks stock (NASDAQ: FFIV) is roughly unchanged since 2018-end, but at the current price of near $161 per share, we believe that F5 Networks stock has around 20% potential downside.