Fiat Chrysler Automobiles N.V. FCAU has agreed to pay a fine of $9.5 million in order to settle the U.S. Securities and Exchange Commission’s (SEC) allegations of misleading investors in 2016 by not disclosing that the company conducted only a limited internal review of its
Ford Motor Company F recently announced that its workers in Canada, represented by Unifor, have unanimously voted in favor of the new three-year tentative agreement between Unifor and the company. The deal encompasses Ford’s investment of $1.46 billion (C$1.95 billion) to intr
Nexa Resources S.A. NEXA has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at NEXA given that, according to its RSI reading of 28.87, it is now in ov
Crexendo, Inc. CXDO has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at CXDO given that, according to its RSI reading of 29.62, it is now in oversol
YETI Holdings, Inc. YETI has been struggling lately, but the selling pressure may be coming to an end soon. That is because YETI recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.
Sportsman's Warehouse Holdings, Inc. SPWH has been struggling lately, but the selling pressure may be coming to an end soon. That is because SPWH recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.
We believe there may be a decent opportunity with Constellation Brands stock (NYSE: STZ) at the present time. STZ trades at $182 currently and is in fact down 3% so far this year. It traded at a pre-Covid high of $205 in February, and it is still 11% below that level now. STZ
After a 44% rise since March 23, at the current price of around $195 per share we believe Visa stock (NYSE: V) has reached its near term potential. Visa, the largest global electronic payment solutions company, has seen its stock rally from $136 to $195 off the recent bottom c
With airlines stocks declining again, everyone is wondering – what will happen next? United Airlines (NASDAQ:UAL), which fell nearly -11.4% in the last 5 trading days, is the latest to join the club of airline stocks that have dropped more than 10% within a week. Will this t
We believe that State Street’s stock (NYSE: STT) has a strong 30% upside potential in the near term. STT trades at $58 currently and it has lost 26% in value year-to-date. It traded at a pre-Covid high of $79 in February and is 27% below that level now. Also, STT stock has
Despite a 25% decline in Gilead Sciences stock (NASDAQ:GILD) since late April this year, at the current price of $63, we believe GILD stock has more downside. Why is that? This can be attributed to the newer treatment options for Covid-19, including Dexamethasone and convale
The chemicals sector has underperformed significantly this year, as the Covid-19 pandemic caused industrial activity to plummet globally, impacting chemical demand. However, this might be a good time to enter the sector as valuations look attractive with demand also likely to
Despite a 125% rise since the March 23 lows of this year, at the current price of around $20 per share we believe Williams Companies’ stock (NYSE: WMB) has more to go. WMB stock has rallied from $9 to $21 off the recent bottom compared to the S&P which moved 48%. William
E-commerce based used-car retailer, Carvana’s (NYSE: CVNA) P/S (price-to-sales) multiple of 2.7x is higher than the figure of 0.9x for CarMax (NYSE: KMX), a used-car industry leader. So, is Carvana stock too expensive compared to CarMax stock? We believe that Carvana stock i
After a 1.8x rise since its low in March, at the current price of around $125 per share, we believe Qorvo Inc. stock (NASDAQ: QRVO) could see significant downside. The stock has recovered to a level higher than where it was before the drop in March, but in reality, demand and
After the 13% rally in the past couple weeks, Atlas Air stock (NASDAQ: AAWW) looks fully valued based on its historic P/E multiples. Atlas stock has rallied from $16 in March to $61 at present, compared to the S&P which gained 51%. The stock has outperformed broader market
Halliburton (NYSE:HAL) fell nearly -14.4% in the last 5 trading days, not unlike some other companies tied to oil & gas industry. Will this trend continue over the next month, or should we expect a rebound? What about the next 3 months, 6 months, or a year? Turns out that
Since January, Vail Resorts stock (NYSE: MTN) has declined by just 6% as compared to Hyatt Hotels stock (NYSE: H), which is down by 40%. Considering the current stock price, Hyatt and Vail are trading at a trailing P/S multiple of 1 and 4, respectively. Implying, an investor w
We believe there may be better opportunities than Southern Copper Corp stock (NYSE: SCCO) at the present time. SCCO trades at $44 currently and it has gained more than 5% in value so far this year. It traded at a pre-Covid high of $38 in February, and it is 16% above that leve
Despite rising more than 15% from its March lows of this year, at the current price of little over $7, we believe GrafTech International stock (NYSE: EAF) is still undervalued. GrafTech International is a leading manufacturer of high quality graphite electrode products essenti