Month: March 2020

The equity markets took a bit of a tumble today on coronavirus concerns, but this may have created a buying opportunity for our favorite chip makers. Nvidia: https://www.zacks.com/stock/quote/NVDA?cid=CS-YOUTUBE-FT-VID Intel: https://www.zacks.com/stock/quote/INTC?cid=CS-YOUTUBE-FT-VID TSMC: https://www.zacks.com/stock/quote/TSM?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
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Big daily moves are still the trend in big stock charts, it seems. The coronavirus from China remained in focus on Monday but with a strong sense of optimism. Major market indexes pushed higher. Source: Shutterstock Perhaps the trading community felt hopeful that the U.S. government would be successful in extending its efforts to contain
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PayPal will not layoff any employees due to the coronavirus pandemic, CEO Dan Schulman said Tuesday, making the digital payments provider the latest company to make such a pledge. “We don’t intend to do any layoffs as a result of COVID-19,” Schulman said on CNBC’s “Squawk on the Street.” “This is the right thing to step up,
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In the middle of the turmoil brought on by the coronavirus, it’s hard to think positively. Yet at some point, we will get through this, remembering this moment years from now as one of the darkest chapters in American history. Nevertheless, we shouldn’t be naïve. As I’ve mentioned in prior articles, the novel coronavirus has
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Editor’s note: This article is a part of InvestorPlace.com’s Best Stocks for 2020 contest. The Readers’ Choice pick for the contest is Apple (NASDAQ:AAPL). When InvestorPlace readers expressed their confidence in Apple (NASDAQ:AAPL) stock, they probably didn’t anticipate the current level of global chaos. It’s certainly one of the best stocks in 2020, but with a year-to-date loss of almost 14%,
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The Virgin Orbit ventilator device. Virgin Orbit Richard Branson’s California-based rocket company Virgin Orbit partnered with medical researchers and developed a ventilator device that the company plans to mass produce and send to hospitals around the United States to fight the coronavirus. “[It is] a very, very simple and robust design that we can get out
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Editor’s note: This column is part of InvestorPlace.com’s Best Stocks for 2020 contest. Louis Navellier’s pick for the contest is PennyMac Financial Services (NYSE:PFSI).  PennyMac Financial Services (NYSE:PFSI) is the fourth-largest originator and sixth-largest loan servicer in the U.S. And it’s only been around 12 years. What’s more, the company is still outperforming the broader stock market.
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Interior Design area of the Restoration Hardware store in the Meatpacking District of New York.  Source: RH Check out the companies making headlines after the bell. RH — The home furnishings retailer’s stock fell 11% in extended trading after the company missed analysts’ estimates on revenue during the fourth quarter. RH reported revenue of $665
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Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer argued Monday that stock market short-sellers are unwisely doubting the ability of scientists to slow the spread of the new coronavirus. “This is a day where you say, if I’m short I’m betting against science, not betting against the lackadaisical attitude of many people in the country, ”
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After a week of stunning volatility, traders can only hope for a sense of direction in the Dow Jones Industrial Average and other major market indexes. The coronavirus from China will undoubtedly remain top-of-mind for traders and non-traders alike. Source: Shutterstock Monday’s big stock charts suggest an easing of selling pressure and a decline in trading
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