I love hated stocks. I’m talking about the ugly stocks that get bashed on TV every day by slick Wall Street analysts. These names are deeply unloved by the markets, and as a result… they’re dirt cheap. Most of my biggest wins in the market over the years have been booked on these very stocks. … Read more
Amazon’s fourth-quarter results beat estimates, but weak guidance and general concerns about slowing growth and heavier investments in 2019 dragged the stock down in after hours trading. Here are the most important numbers: EPS: $6.04 vs. $5.68 estimated, according to Refinitiv Revenue: $72.4 billion vs. $71.9 billion estimated, according to Refinitiv AWS: $7.43 billion vs. … Read more
General Electric shares surged after strong aviation results increased revenue more than what was expected, overshadowing lingering problems in the GE Capital and power businesses. GE also announced a $1.5 billion settlement in principle with the Department of Justice for its investigation of the now defunct subprime mortgage business WMC. Expectations vs. results EPS: 17 cents a … Read more
Many analysts had a “better than feared” response to Apple’s earnings, largely breathing a sigh of relief despite a revenue decline, lower profit and downbeat outlook. Analysts also mostly shrugged off that Apple for the first time was no longer including unit sales for iPhone, iPad, and Mac. Apple did, however, reveal the profitability of its … Read more
The energy sector is lighting up this earnings season. We got our first peek last Friday with Schlumberger Inc. (SLB). 2018 was definitely a year to forget for the company. Oil prices were on the decline throughout the fourth quarter. All signs pointed towards a miserable report, and negative sentiment was strong. So strong, in … Read more
How fast the Chinese economy is growing is a constant obsession of global markets. But no country – especially one the size of China – can continue expanding at a rate that doubles every seven years. The law of big numbers means growth will eventually slow, and it has. Since 2010, China’s economy has been slowing. Last … Read more
Caterpillar stock plunged Monday after the company reported earnings that were sharply lower than expected. The maker of heavy equipment cited tariffs as a factor in the fourth-quarter results. Its revenues exceeded expectations. Here’s how the company did compared with what Wall Street expected: Adjusted earnings: $2.55 per share vs. $2.99 per share expected by … Read more
As you’ve probably heard, the U.S. government is in the midst of its longest shutdown in history. And (the first question that might have come to mind) – what (if anything) does that mean for markets, and your investments, both now and later? As context… A government shutdown in the U.S. occurs when Congress (the … Read more
It’s Friday — let’s see if we can end the week profitable! Let’s cover some stock option names for today: BABA – Increasing volume and showing signs of bullish life yesterday. If the stock itself can clear $160, $170 within a week or so isn’t out of the question. The daily chart looks great for … Read more
BY JODY CHUDLEY, Financial Analyst Is there a more attractive stock to buy right now than China Mobile (CHL)? If there is I’d love to hear about it… seriously! I first wrote about how attractive I thought shares of China Mobile were at the start of October. Since then, the stock has outperformed the S&P 500 by more than … Read more