It was a great year for Wal-Mart Stores Inc. (NYSE:WMT) in 2016 as the stock was up nearly 13%. Moreover, the stock is off to a decent start this year as it is up approximately 4% year to date.
Over the past few years, the retailer has relished substantial competitive benefits on the back of its enormous scale.Things are gradually changing with the rise of e-commerce sales, however, where....More>>>
With the S&P 500 hitting another new high yesterday, UBS strategistJulian Emanuel and team wonder if buyback activity is signalling a market top:
Spencer Platt/Getty Images
On one hand, many would argue that the emphasis on share repurchases is merely a sign of the times the US economy continues to grow (albeit slowly) while corporates enjoy ample balance sheet flexibility in....More>>>
Will the Fed raise interest rates in March 2017? Right now, CME Group’s FedWatch tool, which is a gauge of the market’s expectations, places the odds of a rate hike at 88.6%.
And investors are expecting a rate hike in March for two reasons…
First, Fed officials said in December 2016 they want a total of three rate hikes in 2017. There has already been one FOMC....More>>>
Thinking to buy Ford Motor Companystock on its recent strength, think again.
Ford (NYSE:F)is a stock that is affected meaningfully by macro events especially within the US which is by far its biggest market. Last week Fed announced that it will not onlyraiseinterest rates for the first time in 2016 but also is planning to hike 3 times instead of 2 next year. This resulted in the S&P 500....More>>>
Either Wall Street is wildly enthusiastic about the future prospects of Tesla Inc. (NASDAQ: TSLA) or pessimistic about Ford Motor Co.’s (NYSE: F). It could be some mix of the two that has brought Tesla’s market cap of $43 billion, which is 88% of Ford’s $49 billion.
The contrast in size between the two is massive. Tesla barely produced 83,000 cars last year. Ford produced....More>>>
As North America’s bull market continues to see extended gains following Donald Trump’s presidential victory, many investors are beginning to question current valuation levels in the face of increased global uncertainty. When attempting to rebalance one’s portfolio in order to preserve capital, companies like Wal-Mart (NYSE:WMT), J&J (NYSE:JNJ), and General Mills (NYSE:GIS)....More>>>
Shareholders of small biotech firm Neothetics (NASDAQ:NEOT) got burned in a big way when lead candidate LIPO-202 flunked dual phase 3 trials roughly a year ago.
NEOT data by YCharts
LIPO-202 is an injectable formulation of salmeterol xinafoate, a well-known long-acting 2-adrenergic receptor agonist used in several FDA-approved drugs. It was indicated for the reduction of central....More>>>
Citigroup’s Kate McShane and team ask if the bull markets in Nike (NKE) andUnder Armour (UA) are over. Their answer: No. They explain why:
Since their respective analyst days last fall (Under Armour – Sept; Nike – Oct),Under Armour and Nike stocks are down ~17% and 5%, respectively. The pullback in both names appears to be driven primarily by rich multiples....More>>>
In the world of investing, many ideas are so widely accepted that they go unquestioned. But conventional thinking is often wrong. Here's one piece of conventional investing wisdom we often hear: In times of panic, gold is a safe haven. Gold in your portfolio can help insure against losses when the stock market falls. As it turns out, this piece of conventional wisdom is correct.....More>>>
First Solar (FSLR) was at the bottom of the S&P 500 Wednesday, on the heels of itsfourth quarterwas better than expected, but not good enough for many investors.
Agence France-Presse/Getty Images
First Solar dropped $3.06, or 8.4%, to $33.56. The S&P 500 closed down just 2.56 points, or 0.11%, to 2362.82.
First Solar said it earned$1.24 per share, abovethe98 cents analysts....More>>>