After hitting a record intraday high, the Nasdaq finished up nearly 75 points, locking in its eighth straight daily win -- for the first time since December. Meanwhile, the Dow was once again bolstered by a rise from FAANG names. Most notably, Apple (AAPL) gained over 2%, hit
The worst performing sector as of midday Tuesday is the Utilities sector, showing a 1.1% loss. Within the sector, FirstEnergy Corp (Symbol: FE) and PPL Corp (Symbol: PPL) are two large stocks that are lagging, showing a loss of 2.4% and 2.3%, respectively. Among utilities ET
In afternoon trading on Tuesday, Healthcare stocks are the best performing sector, up 0.9%. Within that group, Biogen Inc (Symbol: BIIB) and Align Technology Inc (Symbol: ALGN) are two large stocks leading the way, showing a gain of 2.8% and 2.7%, respectively. Among healthc
What happened
Shareholders of Virgin Galactic Holdings (NYSE: SPCE) had a good day on Monday, when reports that NASA had contracted with the company to recruit and train "private astronauts," before NASA flies them to the International Space Station (ISS), helped push Virgin Gal
In trading on Tuesday, shares of Plexus Corp. (Symbol: PLXS) crossed above their 200 day moving average of $66.99, changing hands as high as $67.19 per share. Plexus Corp. shares are currently trading up about 2.7% on the day. The chart below shows the one year performance o
Dell Technologies Inc is considering spinning off its roughly $50 billion stake in cloud computing software maker VMware Inc, the Wall Street Journal reported on Tuesday.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which
The following are today's upgrades for Validea's Contrarian Investor model based on the published strategy of David Dreman. This contrarian strategy finds the most unpopular mid- and large-cap stocks in the market and looks for improving fundamentals.
The following are today's upgrades for Validea's Earnings Yield Investor model based on the published strategy of Joel Greenblatt. This value model looks for companies with high return on capital and earnings yields.
The following are today's upgrades for Validea's Low PE Investor model based on the published strategy of John Neff. This strategy looks for firms with persistent earnings growth that trade at a discount relative to their earnings growth and dividend yield.
The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets.
Inovio Pharmaceuticals (NASDAQ: INO) announced on Tuesday that it has been awarded a $71 million Defense Department contract to assist it in ramping up production of its Cellectra 3PSP smart devices, and to purchase a quantity of its Cellectra 2000 devices. Both devices are used
McDonald's (NYSE: MCD) and Starbucks (NASDAQ: SBUX) are two of the most well-known fast food brands in the world. McDonald's operates and franchises over 36,000 restaurants in more than 100 countries, while Starbucks owns and franchises more than 32,000 stores in over 75 marke
There's some good news and bad news in the latest analyst update for cruise line stocks. The good news is that Chris Woronka at Deutsche Bank is boosting his price target for all three of the publicly traded players. The bad news is that his elevated price goals for shares of No
Cybersecurity has been a hot theme this year, suddenly taking new importance in an economy that’s had workers everywhere working from home, logging into systems outside of offices, many for the first time.
The energy sector has a spotty track record when it comes to dividends. While many companies in the industry pay above-average yields, they aren't always sustainable. That has been the case with both Kinder Morgan (NYSE: KMI) and Clearway Energy (NYSE: CWEN)(NYSE: CWEN.A)
Esports rose to prominence in 2018 with the launch of Activision Blizzard's Overwatch League. Before then, professional gaming didn't get much attention outside of dedicated esports fans. But the big game companies are starting to provide the financial backing that esports hav
The COVID-19 pandemic disrupted lots of businesses, but few were hurt more than mall owners. Most mall tenants are considered nonessential businesses, and crowded indoor malls could easily turn into deadly breeding grounds for the novel coronavirus. As a result, most malls were
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