Advancement in vaccine development and new therapeutics have lifted broader markets, but tepid air travel demand continues to weigh on Boeing (NYSE: BA). In the third-quarter earnings report, the company reduced the 10-year commercial market deliveries by 11% to 17,000 aircraft
Despite a 47% rise since the March lows, at the current price of around $38 per share we believe Boston Scientific stock (NYSE: BSX), has more room for growth in the near term. BSX stock has rallied from $26 to $38 off the recent bottom compared to the S&P which moved 60% o
We believe that Flowserve Corporation stock (NYSE: FLS), a manufacturer of pumps and valves, may be a good opportunity at the present time. FLS stock trades near $33 currently and it is, in fact, down 36% so far this year (from $51 at the beginning of 2020). It traded at $46 in
After rising almost 120% from its March lows of this year, at the current price of almost $11, US Steel Corp stock (NYSE: X) looks highly overvalued. US Steel stock rallied from $5 to $11 off its recent bottom, compared to the S&P 500 which increased 60% from its recent low
On Monday, Moderna (NASDAQ: MRNA) stock rallied by over 10% after the company said that its Covid-19 vaccine – which is based on messenger RNA technology – was 94.5% effective based on preliminary data. Investors have good reason to be optimistic about Moderna for m
Target (NYSE: TGT) is scheduled to report its fiscal third-quarter results on Wednesday, November 18. We expect Target to likely beat the revenue and earnings expectations, driven by a boost in products related to in-home activities, such as home office and entertainment needs.
The market dipped on Tuesday after once again climbing to new highs to start the week. Monday’s jump was spurred by the second positive coronavirus vaccine news in as many weeks, this time from Moderna. The dual announcements help Wall Street remain bullish even as cases rise i
Barfresh Food Group Inc. BRFH came out with a quarterly loss of $0.01 per share in line with the Zacks Consensus Estimate. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.
The euro zone is on track for its first double-dip recession in nearly a decade, according to a Reuters poll of economists which points to a more muted recovery next year despite expectations for 500 billion euros of additional monetary stimulus.
Do You Have These Top E-Commerce Stocks On Your Q4 2020 Watchlist?E-commerce stocks have been some of the biggest winners in the stock market this year. The COIVID-19 pandemic has forced traditional retail stores to close their doors, which harshly impacted the entire retail sect
HEXO (HEXO) closed at $0.76 in the latest trading session, marking a +1.86% move from the prior day. This change outpaced the S&P 500's 0.48% loss on the day. Meanwhile, the Dow lost 0.56%, and the Nasdaq, a tech-heavy index, lost 0.21%.
Frontline (FRO) closed the most recent trading day at $6.65, moving -1.77% from the previous trading session. This change lagged the S&P 500's 0.48% loss on the day. At the same time, the Dow lost 0.56%, and the tech-heavy Nasdaq lost 0.21%.
Commercial Metals (CMC) closed at $21.87 in the latest trading session, marking a +0.64% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.48%. Meanwhile, the Dow lost 0.56%, and the Nasdaq, a tech-heavy index, lost 0.21%.
Micron (MU) closed at $61.88 in the latest trading session, marking a +0.03% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.45%. Elsewhere, the Dow lost 0.52%, while the tech-heavy Nasdaq lost 0.19%.
Best Buy (BBY) closed the most recent trading day at $118.97, moving +0.27% from the previous trading session. This move outpaced the S&P 500's daily loss of 0.45%. At the same time, the Dow lost 0.52%, and the tech-heavy Nasdaq lost 0.19%.
Market indexes weren’t interested in carrying record highs further in today’s trading, which looks to have been decided early this morning, before the opening bell sounded. After new record highs on a surge into Monday’s close, the Dow dumped 400 points at session lows toda
La-Z-Boy (LZB) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.52 per share a year ago. These figures are adjusted for non-recurring items.
In trading on Tuesday, shares of Bae Sys plc (Symbol: BAESF) crossed above their 200 day moving average of $6.56, changing hands as high as $6.62 per share. Bae Sys plc shares are currently trading up about 2.6% on the day. The chart below shows the one year performance of BA
In trading on Tuesday, shares of Chimera Investment Corp (Symbol: CIM) crossed above their 200 day moving average of $10.55, changing hands as high as $10.61 per share. Chimera Investment Corp shares are currently trading up about 0.1% on the day. The chart below shows the on