Weight-loss drugs are the pharmaceutical industry’s equivalent of AI, in the sense of being a product with the capability to send shares soaring. Novo Nordisk A/S (NYSE: NVO), maker of Wegovy, saw its stock gap up more than 16% on August 8, after the weight-loss medication demon
Earnings season is always an important time for investors. This is because earnings growth (i.e. higher profits) is the single best predictor of stock price growth. Over time, stocks of companies that are reporting earnings growth will go up.
This is true for every sector, inc
The following companies are expected to report earnings prior to market open on 08/09/2023. Visit our Earnings Calendar for a full list of expected earnings releases.Roblox Corporation (RBLX)is reporting for the quarter ending June 30, 2023. The gaming company's consensus earnin
The following companies are expected to report earnings after hours on 08/08/2023. Visit our Earnings Calendar for a full list of expected earnings releases.Sun Life Financial Inc. (SLF)is reporting for the quarter ending June 30, 2023. The life insurance company's consensus ear
The ‘Dogs of the Dow’ investment strategy became popular in the early 1990’s when author Michael O’Higgins wrote a book titled “Beating the Dow - A High Return, Low-Risk Method for Investing in the Dow Jones Industrial Stocks With as Little as $5,000.”
The idea was to select th
The slowdown in digital advertising triggered many technology stocks to sell off, notably social media platforms like Snap Inc. (NASDAQ: SNAP). However, a light at the end of the tunnel was lit when behemoths like Alphabet Inc. (NASDAQ: GOOGL) reported an uptick in ad sales, wit
Software stocks benefited from the pandemic-induced strong demand for cloud-based services from businesses looking to operate amid lockdowns. However, weakened consumer spending amid ongoing macroeconomic headwinds is hurting indu
If you’re exploring dividend stocks, you can adopt various strategies. You might seek out high-yield stocks, or those with consistent payouts and robust financial conditions, or companies with a track record of boosting dividends.
Those last categories often overlap: Companies
With the second-quarter 2023 earnings season underway, many earnings reaction trends are taking place. Companies that beat earnings estimates and raise guidance usually see their stocks gap and go higher. Companies that miss estimates and low guidance tend to gap down and dump l
Beverage stocks have been hot this year, with gains ranging from the high-single-digits to roughly 50% for names like Starbucks. While the gains are not distributed evenly, the leaders are expected to continue leading the market in 2023 and beyond. Starbucks (NASDAQ: SBUX) is on
The following companies are expected to report earnings prior to market open on 08/08/2023. Visit our Earnings Calendar for a full list of expected earnings releases.Eli Lilly and Company (LLY)is reporting for the quarter ending June 30, 2023. The large cap pharmaceutical compa
The following companies are expected to report earnings after hours on 08/07/2023. Visit our Earnings Calendar for a full list of expected earnings releases.Palantir Technologies Inc. (PLTR)is reporting for the quarter ending June 30, 2023. The technology services company's cons
The past month has been a rollercoaster ride for investors in Nikola (NASDAQ: NKLA) as the electric vehicle manufacturer experienced a remarkable surge of over 100% in its stock value. However, the euphoria came to a halt following the company's Q2 earnings report released last
The second quarter 2023 earnings season has seen a wide variance between the "haves" and the "have nots" of performance. While many companies have had impressive earnings beats, some crushed earnings estimates by nearly triple or more. These stocks saw their share prices gap up
The Russell 2000 small-cap index (NYSEARCA: IWM) is the laggard index 2023, trading up just 11.98%. It's underperforming the benchmark indexes compared to the 40.7% yearly gain for the Nasdaq 100 index (NASDAQ: QQQ) or the S&P 500 (NYSEARCA: SPY), up 17.3%. We discussed how port
We are in the second half of the second-quarter 2023 earnings season. So far, the earnings results are not great but they are not bad either. Moreover, the outlook given by companies that have already reported is far better than e
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