The stock market looks set for a big drop as fears about the spread of coronavirus beyond China cause investors to hit the sell button. Here’s what history says happens next after the S&P 500 drops 2% or more to start the day.
It is widely believed that only risky stocks generate lucrative returns. Although the strategy works in bullish market conditions, it leads to paltry returns when the market turns bearish.
The conglomerate bought back nearly $5 billion of stock last year, but the total accounted for less than 1% of shares outstanding. Some Berkshire fans would like to see repurchases of 2% to 3%.
In recent trading, shares of Public Storage (Symbol: PSA) have crossed above the average analyst 12-month target price of $222.54, changing hands for $225.77/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va
In recent trading, shares of Casey's General Stores, Inc. (Symbol: CASY) have crossed above the average analyst 12-month target price of $177.00, changing hands for $179.92/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react:
In recent trading, shares of Sunstone Hotel Investors Inc (Symbol: SHO) have crossed above the average analyst 12-month target price of $13.12, changing hands for $13.26/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: dow
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
Baidu, Inc. BIDU is scheduled to report fourth-quarter 2019 results on Feb 27.For fourth-quarter 2019, the company expects revenues between $3.78 billion and $4.02 billion. The Zacks Consensus Estimate for revenues is pegged at $3.96 billion, indicating growth of 0.2% from the y
Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, they can also lead on the downside when the growth story is over, so it is important to find companies which are
Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, they can also lead on the downside when the growth story is over, so it is important to find companies which are
Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, they can also lead on the downside when the growth story is over, so it is important to find companies which are
Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, they can also lead on the downside when the growth story is over, so it is important to find companies which are
Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, they can also lead on the downside when the growth story is over, so it is important to find companies which are
Sabra Healthcare (SBRA) came out with quarterly funds from operations (FFO) of $0.47 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to FFO of $0.50 per share a year ago. These figures are adjusted for non-recurring items.
ANSYS, Inc. ANSS is set to report fourth-quarter 2019 results on Feb 26.For fourth-quarter 2019, the company anticipates non-GAAP earnings in the range of $1.87 per share to $2.05 per share. The Zacks Consensus Estimate for fourth-quarter earnings is pegged at $1.99 per share, u
Investors are always looking for stocks that are poised to beat at earnings season and Voyager Therapeutics, Inc. VYGR may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.
After a weekend during which COVID-19 cases accelerated, Italy suffers from the largest outbreak outside of Asia, and South Korea's government raised its virus alert to its higher level, fear of a global pandemic dominates the markets.
Teck Resources Ltd TECK delivered adjusted earnings of 31 cents per share in fourth-quarter 2019, missing the Zacks Consensus Estimate of 35 cents. The earnings figure also came in lower than year-ago quarter’s 65 cents per share.Quarterly results reflected the impact of weak
As of late, it has definitely been a great time to be an investor in Bloomin' Brands, Inc. BLMN. The stock has moved higher by 7.1% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest t
Venator Materials PLC VNTR logged a loss of $174 million or $1.63 cents per share in the fourth quarter of 2019, wider than a loss of $69 million or 65 cents a year ago.Adjusted loss per share for the quarter were 9 cents, narrower than the Zacks Consensus Estimate of a loss of