Month: April 2020

General Electric reported Wednesday a steep declines in first-quarter revenue and earnings as the industrial giant took a hit amid the coronavirus pandemic.  The company posted a total revenue of $20.524 billion, which represents a year-over-year decline of 8%. GE Industrial profits fell 46% year over year to $1.096 billion from $2.017 billion. On an
0 Comments
A lot of investors have had their eye on Intel (NASDAQ:INTC) lately. Not only does it tend to trade alongside Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD), which are also spotlight-type stocks, but INTC stock is a major technology player. Source: Sundry Photography / Shutterstock.com With its $261 billion market cap, Intel is no speck
0 Comments
Chipotle (NYSE:CMG) reported strong first-quarter results, and its digital sales have soared during the outbreak of the novel coronavirus. While the latter trend is likely to continue, the company is relatively poorly positioned for the current recession. Moreover, the valuation of CMG stock is quite high. Consequently, I recommend selling the shares at their current
0 Comments
Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said Wednesday that positive news from Gilead Sciences about a potential treatment for the coronavirus marked a turning point in the fight against Covid-19. “What I regard this as is the beginning of the end of the true nightmare, which is that it’s a death sentence,” Cramer said on
0 Comments
Latest Stocks to Buy Updates: Loop Capital: Buy Netflix Stock on Subscriber Growth [Wednesday, April 29, 4:35 p.m.]Contributed by Sarah Smith In his daily column, InvestorPlace’s Bret Kenwell wrote that one analyst is particularly bullish on Netflix (NASDAQ:NFLX) stock. Loop Capital’s Alan Gould reiterated his “buy” rating, assigning a new price target of $500. That implies more
0 Comments
[Editor’s Note: “Even as Penn National Gaming Stock Rebounds, Consider Other Casino Plays” was originally published April 17, 2020. It is regularly updated to include the most relevant information.] Source: Jeffrey J Coleman / Shutterstock.com Should you buy Penn National Gaming (NASDAQ:PENN) stock? Shares have rebounded in recent weeks, as investors shake off novel coronavirus concerns,
0 Comments