After more than an 80% rise from its March lows of this year, at the current price near $90 per share, we believe Paccar’s stock (NASDAQ: PCAR) is overvalued. Paccar, one of the largest manufacturers of medium- and heavy-duty trucks in the world, saw its stock increase fr
Hill-Rom Holdings stock (NYSE: HRC) gained around 10% over the month to levels of around $90 currently. But will the company’s stock see higher prices over the coming weeks, or is a decline in the stock imminent?
Going by the historical performance, we believe that the stock price of Mylan (NYSE: MYL), a pharmaceutical company best known for its generic drugs, could offer an upside of over 45% from the current levels. MYL stock trades at $15 currently and it is down 35% from the pr
Texas Instruments stock (NASDAQ: TXN) is up 64% since the beginning of this year, and at the current price of around $153 per share, we believe that TI stock has more than 15% potential downside.
CBOE Global stock (BATS: CBOE) is approximately 7% ahead of the March 23 low of this year, and at the current price of around $82 per share, we believe the stock has more to go based on its historical P/E multiples. CBOE Global, one of the world’s largest exchange holding
Why is the market letting you buy $103 of Caterpillar revenues for a price of roughly $170 per share of Caterpillar stock (NYSE: CAT) – implying a price-to-sales, P/S, multiple of close to 1.7x – while for Deere & Company (NYSE: DE), you need to shell
Despite an eye-popping 127% rise since the March lows of this year and having surpassed its pre-Covid peak of this year, at the current price of $222 per share, Parker-Hannifin Corporation stock (NYSE: PH) still has some upside left. Parker-Hannifin Corporation is a leading wor
Despite almost a 32% rise in Bristol Myers Squibb’s stock (NYSE: BMY) since the March lows of this year, at the current price of around $60 per share, we believe BMY stock has a significant upside. Why is that? The key is BMY stock hasn’t moved since 2018, over two
After a 43% rise since the March 23 lows of this year, at the current price of around $348 per share we believe Cooper stock (NYSE: COO), best known for its Cooper Vision lenses, has reached its near-term potential. Cooper’s stock has rallied from $243 to $348 off t
Euro zone economic activity has slipped back into decline this month as renewed restrictions to control the coronavirus pandemic forced many businesses in the bloc's dominant service industry to limit operations, a survey showed on Friday.
Japan's government is in no mood for a huge bailout plan for ailing airline ANA, sources say, preferring a piecemeal approach to direct capital injections - a stark contrast to the bold moves other countries have made to protect flagship carriers.
Japan's factory output likely grew for a fourth straight month in September thanks to a recovery in external demand as economic activity gradually picked up, a Reuters poll found on Friday.
German private sector activity grew for the fourth month running in October, a survey showed on Friday, but while the manufacturing sector expanded at a faster rate, services activity shrank, suggesting Europe's largest economy is operating at two speeds.
If Europe's joint debt sales did lift the euro/dollar exchange rate this week, as some suspect, then the European Central Bank may struggle to keep a lid on the currency in the face of almost 1 trillion euros more of such sales over the next six years.
PayPal Holdings Inc's decision to open its network to bitcoin and its rivals was hailed by virtual coin enthusiasts as a watershed moment for cryptocurrencies and their path towards becoming a widespread means of payment.
A dearth of action in fixed income markets is prompting bond investors to focus more on currencies to spot market trends, marking a turning point for the gigantic but generally murky foreign exchange markets.
South Korean economy likely returned to growth in the third quarter, after plunging into a recession in the previous quarter, a Reuters poll showed on Friday, due to a lower base, virus-related fiscal stimulus and a gradual recovery in exports.
The euro zone's economic recovery is at serious risk of stalling as a resurgent coronavirus sweeps through Europe, according to economists in a Reuters poll who kept their already weak growth and inflation forecasts for 2021 modest at best.
Heritage Commerce (HTBK) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.