A better-than-expected second quarter helped to propel Global Payments (GPN) to the top of the S&P 500 on Monday. The payment technology firm also updated its forecast and increased its share repurchase program.
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Global Payments climbed 7.2%, or $5.34, to $79.79 on the news, putting it close to its 52-week high of $80.88. Its up 15% year to date and nearly....More>>>
Lululemon’s (NASDAQ:LULU) Q1 brought a pop to the stock as it beat on revenues and earnings. What no one seems to be talking about is the shrinking nature of those earnings. Net revenue grew 5% from Q1’16 which is great. Comparable sales have stalled; falling 1%, while comparable store sales fell 2%. Comp sales are a pretty good indicator....More>>>
No good deed goes unpunished, as the saying goes. On first impression, that’s what happened to Dr. Robert McClendon, a Texas physician. He lent $100,000 to a business to cover its payroll. And then he got hit with a $4.3 million IRS penalty for the company’s payroll taxes, a penalty that was just upheld in court. But, as often happens with taxes, the situation is more complex. The....More>>>
“What do you do when a stock looks cheap on an absolute basis (i.e., expected forward return), but only fairly priced on a relative basis (normalized revenue and margins plus EV/Sales, EV/EBIT vs. their own historical multiples)? For example, I own four Japanese stocks that appear to offer mid-teen forward returns but are trading closer to a [50th percentile]....More>>>
Gold may be a commodity, and mining it may be the same all over the world. It’s not a one-size-fits-all industry though. The big differentiator? The tools miners use to determine where gold awaits. That’s what makes Nexus Gold Corp. (OTCMKTS:NXXGF, CVE:NXS) such an interesting opportunity right now – it’s got a tool called Element Detection Technology, or EDT, in its toolbox,....More>>>
Russ Kaplan is a money manager and newsletter advisor who focuses on buying value-oriented stocks with a multi-year investment horizon; here’s his top idea for conservative investors over the coming year.
One of the most under appreciated stocks on Wall Street is Apple (APPL). The stock is among the bluest of blue chips.
Apple has a financial rating of A++. On every measure....More>>>
Bellatrix Exploration (NYSE:BXE) has been through the mill. Now finally escaping the grasp of some really nervous bankers, the company is now projecting a more than doubling of the cash flow. Will the market buy it?
Below is a summary of what has happened so far.
Top 10 High Tech Stocks For 2017: Madison Square Garden Inc.(MSG)
While most income investors are reaching for big yields right now, a small group of “hidden yield” stocks are quietly handing smart investors growing income streams plus annual returns of 12%, 27.1% and even 54% or more per year.
Why wouldn’t U.S. stocks rally, surging to the biggest weekly gain in a year, amid earnings euphoria like this? With no hint of fatigue, the S&P 500 Index spent the holiday-shortened week rolling past 2,700, while the Dow Jones Industria
Historically low rates and central bank stimulus have been a defining characteristic of the recovery. No other economic factors have driven more of the four-fold surge in the S&P 500 from its 2009 low.