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The bear market is over, and a new bull market has begun!The Dow, on March 26th, after just 11 days in bear market territory (the shortest bear market ever), came roaring back to close up by 21.3%...
While Wall Street analysts were lowering their estimates on Facebook (NASDAQ:FB) FB because of an uncertain outlook for advertising in the foreseeable future, the company was finalizing a deal for a...
With a number of countries under lockdowns to contain the spread of the coronavirus, the trend of working from home (WFH) has picked up. The successful execution of the WFH policy suggests that the...
This has been a cursed year for the oil sector. Despite starting on a decent note, oil prices took a massive hit in March on a price war between Saudi Arabia and Russia. OPEC+ producers’...
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell...
Ericsson (BS:ERICAs) ERIC reported unimpressive first-quarter 2020 results, with the top line missing the Zacks Consensus Estimate.The company stated that the COVID-19 pandemic had a limited impact on...
NextEra Energy (NYSE:NEE), Inc. NEE reported first-quarter 2020 adjusted earnings of $2.38 per share, surpassing the Zacks Consensus Estimate of $2.21 by 7.7%. In addition, the reported earnings were...
Stocks have now dipped about 5% to start this week, as the indices declined for a second straight session amid a drop in oil prices. Of course, it should be mentioned that stocks had been on an...
Verizon VZ is one of hundreds of companies that is set to report its first quarter fiscal 2020 financial result this week amid the ongoing economic uncertainty and turmoil brought on by the...
United Community Banks (UCBI) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.56 per share a year ago....
The oil patch has been going through a rough phase since the coronavirus scare peaked and almost the entire globe went under lockdown. But black gold probably saw its worst day on Apr 20 as the May...
Canadian Pacific (CP) came out with quarterly earnings of $3.30 per share, beating the Zacks Consensus Estimate of $2.86 per share. This compares to earnings of $2.09 per share a year ago. These...
If you have been looking for Diversified Bonds funds, a place to start could be PIMCO Income P (PONPX). PONPX bears a Zacks Mutual Fund Rank of 2 (Buy), which is based on nine forecasting factors like...
Stocks slipped Tuesday amid continued oil industry turmoil. Wall Street is also now in the midst of the busy part of first quarter earnings season, with many of the biggest names in tech and other...
A lot has been said about the oil price disaster over the last few days. The concerns flared up the investing world on Apr 20 after May WTI crude futures plunged, lost all value and dropped to below...
The biotech space of the broader healthcare sector is currently the hottest of all segments buoyed by the COVID-19 pandemic. This is especially true as the rapidly spreading virus, which has now...
A lot has been said about the oil price disaster over the last few days. The concerns flared up the investing world on Apr 20 after May WTI crude futures plunged, lost all value and dropped to below...