Investors are nibbling at Apple (AAPL) ahead of a potentially big September. Apple shares were among the top trending tickers on the Yahoo Finance platform on Tuesday, notching a gain of about 2% by afternoon trading. It closed Tuesday at $156.69, up 1.55%. The stock has rallied to the tune […]
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3 major companies just fired a warning shot at stock market bulls
Despite investment banks such as Morgan Stanley and Credit Suisse recently cutting their U.S. equity outlooks, one would be hard-pressed to not find bulls continuing to outnumber bears on Wall Street. Chat up any strategist on the Street and most are apt to play down the impact of the Delta […]
This Dirt-Cheap Value Stock Should Be Receiving More Attention
Large British banks have not seen much love from investors since the Great Recession. Brexit and very low interest rates have not helped. The largest banks headquartered in the United Kingdom all currently trade well below tangible book value (essentially, what a bank would be worth if it were to […]
At $159, JPMorgan Stock Has Limited Growth Potential
[Updated 08/17/2021] JPMorgan Update JPMorgan stock (NYSE: JPM) gained roughly 25% YTD, and at its current price of $159 per share, it is trading 4% below its fair value of $166 – Trefis’ estimate for JPMorgan’s valuation. The bank recently released its second-quarter 2021 results, with both earnings and revenues topping the estimates. […]
Stock futures fall after retail sales disappoint, earnings come in mixed
Stocks fell on Tuesday, with the major indexes pulling back from record levels amid a mixed batch of earnings results from major retailers. A closely watched monthly report on retail sales also missed estimates, pointing to a bigger-than-expected deceleration in consumer spending. The S&P 500 declined after closing at an […]
3 stock market red flags: BofA strategist
One wouldn’t necessarily realize it by watching the market tick-by-tick in August, but there are several cracks starting to emerge in corporate America that could hint at a more muted finish to the year for equities. But first, the good. Last Friday marked the 44th record high for the S&P […]
Is DBS Group Holdings (DBSDY) A Worthy Stock Investment?
Fiduciary Management, an investment management firm, published its “International Equity Fund” second quarter 2021 investor letter – a copy of which can be downloaded here. The FMI International portfolios gained approximately 4.7% (currency hedged) and 4.8% (currency unhedged) in the period, respectively, which compares with an MSCI EAFE Index gain […]
Stock market faces elusive pullback as coronavirus, economic headwinds swirl
FOX Business contributor and chief economics correspondent for The Wall Street Journal Jon Hilsenrath argues bond markets don’t show warning signs of inflation. A growing chorus of Wall Street strategists is warning the U.S. stock market is ripe for a pullback as the COVID-19 delta variant spreads across the globe […]
Stock futures mixed as investors digest tech earnings, await Fed
Stock futures struggled for direction Wednesday morning, with investors digesting a slew of Big Tech earnings results and looking ahead to another set of reports. A monetary policy statement from the Federal Reserve is also slated for release. Contracts on the S&P 500 were little changed to slightly higher, with […]
Telecom Stock Roundup: QCOM-ASUS Offer EXP21, VZ Settles Lawsuits & More (Revised)
U.S. telecom stocks traded relatively flat on average over the past week, as the FCC approved $1.9 billion in subsidies for the ‘rip and replace’ program of various telecommunications equipment manufactured by China-based entities deemed to be national security risks. The detailed policy guidelines, which offered a framework for subsidizing […]
Buying Square stock is like buying JP Morgan in 1871: analyst
Now could be a once in a lifetime opportunity to buy Square stock (SQ) as it transforms into a financial services powerhouse, argues Muzuho analyst Dan Dolev. “We believe Cash App may be en route to becoming the ultimate neo-bank and the money center bank of the future. This could […]
Mobile TeleSystems PJSC Stock – GuruFocus.com
The stock of Mobile TeleSystems PJSC (NYSE:MBT, 30-year Financials) appears to be fairly valued, according to GuruFocus Value calculation. GuruFocus Value is GuruFocus’ estimate of the fair value at which the stock should be traded. It is calculated based on the historical multiples that the stock has traded at, the […]
Which Telecommunication Stock Is A Better Pick?
The telecommunications industry in the United States is currently going through a change, as telecommunication giants like AT&T and Verizon divest their non-core assets. These companies are increasingly focusing on the deployment of 5G networks. Using the TipRanks Stock Comparison tool, we will compare two telecommunication companies, At&T and Verizon, […]
Apple Stock: A Tough First Half Of 2021 In Review
The first half of 2021 is over. Investors who saw Apple stock (AAPL) – Get Report skyrocket in the past two years must have felt a bit more uncomfortable this time. Shares of the Cupertino company managed to climb 3.5% from January to June 2021, but with quite a bit of […]