The J. M. Smucker Company SJM is in solid shape, courtesy of rising demand stemming from increased at-home consumption amid the coronavirus outbreak. Apart from this, the company’s strategic buyouts and partnerships along with focus on e-commerce business bode well. Also, its
Hanesbrands Inc. HBI is well placed courtesy of its robust growth efforts, which have been boosting investors’ optimism. Notably, shares of the company have surged 40.8% so far this year compared with the industry’s growth of 13.1%. Moreover, the stock has comfortably outper
The U.S. Energy Department's weekly inventory release showed a larger-than-expected increase in natural gas supplies. The bearish injection, together with an unfavorable weather forecast, sparked a selloff that left the U.S. benchmark with a loss of almost 10% for the week follo
Although Wall Street has been steady despite the coronavirus crisis, the month of September has brought about considerable levels of volatility. Fears of prolonged global economic woes and overvaluation concerns may cause a sudden slowdown in the market. This makes it important
As widely expected, the Fed held interest rates steady at a near-zero level in its latest meeting. U.S. interest rates have been this low since March 2020. The central bank said that it will continue to purchase $120 billion in government bonds each month. The Fed will keep in
Air Products and Chemicals, Inc.’s APD shares have gained 25.1% over the past three months against the industry’s rise of 19.1%.The company has a market cap of roughly $66.7 billion and average volume of shares traded in the last three months is around 1,107.3K. Air Products
Brazil's 2020 inflation outlook rose to 2%, a central bank survey showed on Monday, the sixth week in a row it has risen and a reflection of the near-term upward pressure on consumer prices from the recent spike in the cost of some food staples.
Restaurant sales are finally showing improvement although they are still lagging year over year. All retail sales at U.S. restaurants grew in August according to the National Restaurant Association (NRA). The economy is gradually reopening and businesses are slowly trying to get
Vaccine hopes for the deadly coronavirus rose once again on Sep 18 after President Donald Trump said that he expects to have available enough doses for every American by 2020. Although a number of biotech firms have been aggressively working toward developing a treatment for COV
Costco Wholesale Corporation COST is likely to register an increase in the top line when it reports fourth-quarter fiscal 2020 numbers on Sep 24, after the closing bell. The Zacks Consensus Estimate for revenues is pegged at $52,608 million, indicating an improvement of 10.8% fr
Value style is considered one of the best practices when it comes to picking stocks. Value investing is essentially about selecting stocks that are fundamentally sound but have been beaten down by some external factors, such as the pandemic. There are different valuation metrics
Ryanair Holdings plc RYAAY recently announced that it would reduce its October capacity by a further 20% due to coronavirus-related travel restrictions by European Union governments. The airline stated that these travel restrictions, often introduced at short notices, were affec
I have often said that the strongest trades are when both fundamental and technical analysis agree, and that is what is happening now in the stock market.
Shares of FS Bancorp, Inc. FSBW rallied 3.6% following the announcement of a new share repurchase plan last week. The board of directors has approved buyback authorization worth $5 million.Repurchases under the program can be executed either through the open market or privately
Thailand's central bank is likely to leave its key interest rate unchanged at a record low this week to preserve ammunition and gauge the impact of recent stimulus before providing fresh support to the coronavirus-hit economy, a Reuters poll showed.
First Financial Corporation THFF has been struggling lately, but the selling pressure may be coming to an end soon. That is because THFF recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.
FedEx (FDX) posted blowout quarterly results on September 15 that highlighted its ability to thrive during the coronavirus. FDX shares have now soared roughly 80% in the past three months and its outlook appears strong, as it expands its e-commerce reach.
Hyatt Hotels Corporation (H) shares had been largely outpacing the broader market over the last several years. Then the coronavirus brought the entire travel and leisure industry to as close to a complete halt as possible.
Farmers National Banc Corp. FMNB has been struggling lately, but the selling pressure may be coming to an end soon. That is because FMNB recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.