There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on February 26, Baker Hughes Company's CEO, Lorenzo Simonelli, invested $199,672.97 into 11,254 shares of BKR, for a cost per share of
Apple Inc. AAPL 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 AAPL given that, according to its RSI reading of 29.18, it is now in oversold te
Amid the coronavirus outbreak in China, which has been walloping all sectors, Constellation Brands Inc STZ is one of the very few companies that remain unaffected. With numerous speculations doing the rounds, the company came up with its own version of the story. It rejected all
Brown-Forman Corporation BF.B is slated to release third-quarter fiscal 2020 results on Mar 4. This alcoholic beverage bigwig delivered a positive earnings surprise of 11.3% in the last reported quarter. Also, the company’s earnings outperformed the Zacks Consensus Estimate by
Spirit AeroSystems Holdings, Inc. SPR reported fourth-quarter 2019 adjusted earnings of 79 cents per share, which lagged the Zacks Consensus Estimate of $1.57 by 49.7%. The bottom line also plunged 57% from the year-ago quarter’s $1.85.Barring one-time adjustments, the company
OGE Energy Corp.’s OGE fourth-quarter 2019 earnings of 18 cents per share missed the Zacks Consensus Estimate of 29 cents by 38%. Moreover, the reported figure plunged 33.3% from 27 cents in the year-ago quarter. The downturn can be attributed to the asset impairment at Enable
Investors who have the propensity to take higher risk can think of investing in momentum stocks to boost their gains. In this respect, the Driehaus strategy can be used to choose the best momentum stocks using the “buy high and sell higher" theory. Eventually, Richard Herman D
Investors who have the propensity to take higher risk can think of investing in momentum stocks to boost their gains. In this respect, the Driehaus strategy can be used to choose the best momentum stocks using the “buy high and sell higher" theory. Eventually, Richard Herman D
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itse
Today's markets are a battle between fear over just how much damage COVID-19 can do to the global economy and hope that fiscal and monetary stimulus will be able to cushion the blow and push shares higher.
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itse
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itse
Chinese electric carmaker Nio Limited (NIO) will release its fourth quarter earnings result before the opening bell Tuesday. Vying to become the next Tesla (TSLA), the young startup has created tons of buzz about the domestic Chinese EV industry.
The consumer has been strong and the driving force of the U.S. economy. But that could change quickly if the coronavirus spreads across the U.S. as health officials are warning.
Can marijuana stocks fly high again? It’s been a rough year for the cannabis industry as doubts over legalization has caused investors to rethink interest in the sector.
Radius Health, Inc. RDUS reported encouraging results for the fourth quarter of 2019, wherein loss was narrower than expected and sales surpassed estimates.
Dentsply International (XRAY) came out with quarterly earnings of $0.73 per share, missing the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.58 per share a year ago. These figures are adjusted for non-recurring items.
EOG Resources, Inc. EOG was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $6
ServiceMaster Global Holdings, Inc. SERV reported mixed fourth-quarter 2019 results wherein earnings beat the Zacks Consensus Estimate but revenues lagged the same.