CNBC’s Jim Cramer wanted to reaffirm his faith in the technology sector as the tech-heavy Nasdaq index took Thursday’s sell-off pain head-on, dropping 2.1 percent amid marketwide weakness. So the “Mad Money” host decided to continue his “power rankings” of stocks with the most investment potential in each sector with the information technology space, the […]
Sell-offs that occur during earnings season often provide great opportunities for investors to build positions in top-notch stocks, CNBC’s Jim Cramer argued Thursday as the market compounded its monthly losses. “In a sell-off during earnings season, you can’t have a lot of guesswork. You want to be sure you’re buying companies that you absolutely know […]
Check out the companies making headlines after the bell: PayPal stock jumped more than 7% percent after the market-close on Thursday following the release of its third-quarter earnings report. The payment company beat on both its top and bottom lines, reporting earnings of 58 cents per share on revenue of $3.68 billion, vs. analyst estimates […]
Marley Jay, The Associated Press Published 2:41 p.m. ET Oct. 18, 2018 CLOSE Millennials are driving a change in how the super rich invest their money, with a shift towards more conscious investments. Elizabeth Keatinge has more. Buzz60 FILE- In this Oct. 11, 2018, file photo trader Peter Mazza, left, works with trader Daniel Trimble […]
(Note: The author of this fundamental analysis is a financial writer and portfolio manager.) Advanced Micro Devices Inc. (AMD) stock already has fallen into a bear market, down 22% from its intraday high last month. But the heartburn isn’t likely to end anytime soon for investors in AMD. The stock faces massive volatility in the coming weeks as options traders anticipate 20% gains […]
Growth stocks faced more selling pressure Thursday as the market correction intensified. The Shanghai composite plunged 2.9% overnight and the 2-year Treasury yield hit its highest level since June 2008. Exxon Mobil (XOM) and Chevron (CVX) outperformed in the Dow, while Activision Blizzard (ATVI) and Vertex Pharmaceuticals (VRTX) fell hard in the Nasdaq 100. X […]
courtesy of Getty Images. Right now, after a nice bout of selling, you can identify a few stocks trading below their book value — which pay dividends and have earnings. Such situations often have temporary issues like expected interest rate hikes that might affect future earnings — or they represent businesses in an industry that […]
NEW YORK (Reuters) – Less than a month before the U.S. congressional elections, data suggests equity options traders do not view the election as a big catalyst for setting the direction of U.S. stock market in the immediate aftermath of the vote results. FILE PHOTO: Traders work on the floor of the New York Stock […]
When China’s stock market falls sharply, there’s a good chance U.S. stocks — and some big blue chip names like Goldman Sachs and Caterpillar — go down with it. The Shanghai Composite Index plunged 2.9 percent Tuesday, sending negative ripples through world markets. China stocks are now down 12 percent in October and 26 percent […]
NEW YORK (Reuters) – Less than a month before the U.S. congressional elections, data suggests equity options traders do not view the election as a big catalyst for setting the direction of U.S. stock market in the immediate aftermath of the vote results. FILE PHOTO: Traders work on the floor of the New York Stock […]
