This week global equities are marching to the end of May and the first two-thirds of the current quarter, which has so far seen a pronounced snap-back in equities compared to the pandemic-related damage done during the first three months of 2020.
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
To become a "Dividend Aristocrat," a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years. Companies with this kind of track record tend to attract a lot of investor attention — an
At the time of writing, U.S. stock futures are up more than 1%. Futures for the Russell 2000 are leading the gains, and crude oil is also gaining. Coronavirus vaccine hopes and recovery in travel pattern during the Memorial Day weekend led to the optimism.
Stocks with a low price-to-earnings (P/E) ratio are generally favored by investors. The perception is that the lower the P/E, the higher will be the value of the stock. This implies that a stock’s current market price does not justify its high earnings and therefore suggests r
AutoZone, Inc. AZO has delivered earnings of $14.39 per share in the third quarter of fiscal 2020 (ended May 9, 2020), down from the prior-year quarter figure of $15.99. The reported figure, however, surpassed the Zacks Consensus Estimate of $13.82. Net income declined 15.5% ye
As of late, it has definitely been a great time to be an investor in BlackLine, Inc. BL. The stock has moved higher by 18.4% 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 that the
Air Products and Chemicals, Inc. APD is benefiting from its project investments, new business deals and productivity actions.Shares of this industrial gases giant are up 14.6% over a year compared with the 21.2% decline of its industry.
Investors tend to get fixated on the price-to-earnings (P/E) strategy while seeking stocks that are trading at a bargain. P/E, without a shadow of a doubt, is the most popular multiple used by investors to assess the fair market value of a stock. But even this straightforward, b
Amid the coronavirus pandemic, Swiss Bank — UBS Group AG UBS — continues with restructuring activities. A new global financing team has been formed by the bank to facilitate clients with faster service spanning different divisions under one group, per Reuters.The new team wi
LATAM Airlines Group LTM filed for Chapter 11 bankruptcy protection in the United States as it grapples with a dramatic drop in air travel demand amid coronavirus concerns. Along with the Latin American carrier, its affiliates in Chile, Peru, Colombia, Ecuador and the United Sta
The bull run of Wall Street is continuing in May after a fabulous April. All three major stock indexes — the Dow , the S&P 500 and the Nasdaq Composite — are in positive territory defying the well-known financial-world adage "Sell in May and go away."Besides these three
On May 25, Novavax, Inc. NVAX announced that it has started the phase 1 clinical trial of its coronavirus vaccine candidate, with preliminary results slated to come out in another couple of months. Novavax is among the many biotech companies working toward the development of a C
Latvia is planning to become one of the first countries to launch a coronavirus contact-tracing app using the new toolkit created by Apple, Inc. AAPL and Alphabet, Inc.’s GOOGL Google. Last week, Google and Apple released the initial version of their COVID-19 contact-tracing a
Cerner Corporation CERN recently collaborated with Hospital IQ, which is an intelligent automation company, to lend support to health systems with predictive analytics in order to boost clinical and operational awareness. With this partnership, Cerner is likely to bolster its al
Veeva Systems Inc. VEEV is scheduled to release first-quarter fiscal 2021 results on May 28, after the closing bell.In the last reported quarter, the company delivered a positive earnings surprise of 3.9%. Its earnings surpassed estimates in each of the trailing four quarters, t
South Korea's central bank is expected to cut its policy rate to a record low on Thursday, as the coronavirus pandemic hits exports in the trade-reliant economy and prospects of a second wave of infections cloud the outlook.
Indian stocks will not recoup this year's losses anytime soon and 2020 will mark the worst annual performance in nine years on fears of a deep downturn in the economy and business activity, a Reuters poll of market strategists found.
India's economy is likely to have expanded at its slowest pace in at least eight years in the January-March quarter, partly as a result of the coronavirus clampdown, a Reuters poll predicted.