Walmart Inc (NYSE: WMT) lowered its full-year earnings per share guidance on Tuesday and said online sales growth will likely slow in fiscal 2019. Despite the cautious outlook, WMT stock traded higher on Tuesday, and analysts say the near- and long-term outlook for the retail giant is still extremely bullish.
The fourth quarter is off to a shaky start for U.S. stocks, but the October sell-off may have created some buying opportunities for long-term investors. The S&P 500 index has pared some of its 2018 gains to start off the quarter but remains up 2.7 percent year-to-date. With a number of uncertainties surrounding the November…
Bank of America Corp (NYSE: BAC) continued the positive earnings momentum for big banks on Monday, reporting better-than-expected top- and bottom-line numbers in the third quarter. After nearly a decade of struggles following the 2008 financial crisis, analysts say Bank of America’s business finally seems to be on track.
JPMorgan Chase & Co. (NYSE: JPM) kicked off third-quarter earnings season for U.S. banks on a high note on Friday, reporting an earnings beat on better-than-expected retail banking revenue. An uptick in net interest margin also eased investor fears, and analysts say J.P. Morgan remains among the top U.S. bank stock investments.
U.S. midterm elections are coming up in less than a month, and the balance of power in Congress is at stake. Following President Donald Trump’s election in 2016, many investors thought bank stocks would benefit from deregulation, tax cuts and rising interest rates. Unfortunately for investors, those catalysts didn’t produce huge gains in bank stocks. Bank of…
Berkshire Hathaway (ticker: BRK.A, BRK.B) CEO and legendary investor Warren Buffett has always been generous in sharing his time and his investing philosophy. In a pair of recent interviews with CNBC, Buffett discussed a range of important market topics. For decades, Buffett’s long-term value investing approach has consistently outperformed the S&P 500. Even during the past five years, when…
Semiconductor stocks have been some of the hottest stocks in the tech sector in recent years, with popular stocks such as Nvidia Corp. (ticker: NVDA) and Advanced Micro Devices (AMD) up more than 1,000 percent each in the past three years. But the higher share prices climb, the more important stock selection becomes. Data from Bank…
AFTER 125 YEARS OF operation, Sears Holdings Corp (Nasdaq: SHLD) may finally be throwing in the towel. CNBC is reporting that sources familiar with the matter say Sears is in talks to secure bankruptcy financing, an eventuality that most Wall Street analysts have seen coming for years.
LESS THAN A MONTH AFTER Apple unveiled its new family of iPhones, Alphabet, Inc. (Nasdaq: GOOG, GOOGL) subsidiary Google debuted its new Pixel 3 phone on Tuesday. Analysts say Apple and Google operating systems will likely continue to dominate the global smartphone market, and the Pixel 3 could be an under-the-radar contributor to Google’s “Other” segment revenue.
The nine-year-old bull market in U.S. stocks has been dominated by growth and momentum plays, such as the popular FAANG group of stocks. These momentum stocks have significantly outperformed value stocks, and Oppenheimer analyst Ari Wald says there’s no reason for investors to be fearful of momentum stocks just because stock prices are near all-time highs. After…