If you bought shares of Karuna Therapeutics (NASDAQ:KRTX) at or near its initial public offering price of $16, you’re loving life. Although KRTX stock disappointed early bird investors for the first few months, the payoff came around mid-November. That was when the equity value skyrocketed into a different dimension. And for a few brief moments,
An aerial photo shows Boeing 737 MAX aircraft at Boeing facilities at the Grant County International Airport in Moses Lake, Washington, September 16, 2019. Lindsey Wasson | Reuters Boeing will still burn more than $1 billion a month even after halting 737 Max production, according to J.P. Morgan. Boeing’s decision to stop suspend production of
Canopy Growth Corp (NYSE: CGC) investors can’t wait for New Year’s Day. If for no other reason, they will be happy 2019 is over. CGC stock and other popular cannabis stocks that performed so well in 2018 have been hammered this year. Source: Jarretera / Shutterstock.com Canadian revenue growth didn’t quite live up to expectations.
Even with a late-day fade, U.S. stocks started the week off strong on Monday. All three broad market indices closed at all-time highs. Each extended their winning streak to four sessions. Source: Shutterstock Skeptics likely still are waiting for a pullback. With a resolution in the trade war and signs that Brexit finally will take
Briefly indulge me in an “I’m old enough to remember when” moment regarding Nokia (NYSE:NOK). I’m old enough to remember when cell phones initially started going mainstream, becoming affordable and smaller to boot. Back then, “then” being the late 1990s, Nokia was one of the dominant handset makers and Nokia stock was super hot. Source:
A bag of Tyson Foods Inc. frozen chicken is arranged for a photograph in Tiskilwa, Illinois, U.S., on Thursday, May 5, 2016. Tyson is scheduled to release earnings figured on May 9. Bloomberg | Bloomberg | Getty Images Shares of Tyson Foods rose more than 2% on Monday after Reuters reported the meat processor received
When Louis Navellier and I walked out of the studio after last Tuesday night’s Early Warning Summit, we were both confident and pumped. Source: Shutterstock Confident that 2020 will be a big year for select stocks … and pumped at the incredible opportunity investors have to make a lot of money. I want to share
Considering that Phase I of the U.S.-China trade deal is mostly in the rear view mirror and that there weren’t marquee earnings reports or headlines from the Federal Reserve to analyze, Monday was a brisk day on the stock-specific headline front. But broader indexes rallied on follow through on last week’s trade news. Source: Provided
The changing retail landscape and the advent of e-commerce have led to radical changes in how and where we shop. Thanks to retail stocks such as Amazon (NASDAQ:AMZN), even previously dominant retailers such as Walmart (NYSE:WMT) had to change the way they did business. However, some did not adapt with the times and have found
An employee fits a battery pack under a Tesla Model S automobile on the final assembly at the Tesla Motors Inc. factory Jasper Juinen | Bloomberg | Getty Images Credit Suisse thinks Tesla‘s focus on its electric vehicle batteries, both in development and production, is a key advantage for Elon Musk’s company over other automakers.
There is an interesting trend among tech stocks these days: Many technology giants are following an old playbook. Much like the industrial giants of yesterday, today’s tech stocks are quickly becoming conglomerates — with their hands in many different dishes. Think about it, Amazon (NASDAQ:AMZN) isn’t just a retail name anymore, but one with a
A tentative agreement between the U.S. and China, as well as a predictable Fed has investors feeling good as they bid up stocks. Let’s look at a few top stock trades for Friday. Top Stock Trades for Tomorrow No. 1: Broadcom (AVGO) We were looking for a breakout in Broadcom (NASDAQ:AVGO) stock, but doing so
People walk out of the co-working space WeWork in the Williamsburg neighborhood of Brooklyn in New York. Spencer Platt | Getty Images Problems in the IPO market have the potential to ripple through and slam the S&P 500, and the failed WeWork offering could be a warning, according to Bank of America Merrill Lynch equity
Industrial conglomerate 3M (NYSE:MMM) has not performed well this year, down around 12%. As we get ready to wrap up 2019, many wonder whether December may offer a good entry point into 3M stock, which currently trades around $167. Source: JPstock / Shutterstock.com In 2019, investor sentiment in the U.S. has in general been optimistic, as