The S&P 500 bounced back in early Monday trading, and it seems not even the weakest jobs report since 2010 can derail the U.S. stock market. Citi analyst Tobias Levkovich is among those who believe the S&P 500 is likely headed higher long term, but he urges traders not to kid themselves when it comes…
Last week’s U.S. jobs report certainly came as quite a surprise to the market, but was the number really as bad as it seemed? A number of economists quickly rushed in to point out that a Verizon Communications Inc. VZ 0.83% strike and inclement weather skewed the numbers.
Now may be the time for Sturm, Ruger & Company RGR 0.28% to take advantage of the stock’s 7.8 percent gain this year and lock in some profits. BB&T analyst Brian Ruttenbur has downgraded the stock from Buy to Hold and sees a cyclical downturn ahead for gun makers.
According to data from CXO Advisory, the Utility sector, one of the most historically defensive stock market sectors, becomes a lot more volatile in the summer months. Since the SPDR sector ETFs launched back in 1999, the Utilities SPDR (ETF) XLU 0.86% has been the best-performing sector ETF in the months of June, August and…
If the past is any indication, now is the time of year when Under Armour Inc UA 0.97% starts to shine. On CNBC Fast Money Final Trade, Steve Grasso pointed out that Under Armour historically averages a 6 percent gain in June and an 11 percent gain in July.
There are no sure things in the stock market, and stocks with the highest upside often have the greatest amount of risk as well. Cobalt International Energy, Inc. (CIE), Globalstar, Inc. (GSAT) and Celldex Therapeutics, Inc. (CLDX) are three risky stocks with at least 40% average analyst upside. Cobalt International Energy (CIE) As oil prices have…
An entire generation of new investors have been dipping their toes into the the stock market for the first time in recent years. Unfortunately, millennial stock favorites Apple (AAPL), Tesla Motors (TSLA) andWalt Disney (DIS) have been dragging down these young investors’ returns.
A Reddit poster recently mentioned that one of his coworkers invested $10,000 in Amazon.com, Inc. AMZN 0.41% back in 1999 and now plans on using his roughly $600,000 in profits to buy a retirement home.
The U.S. economy added only about 38,000 jobs in May, its lowest monthly job growth number since fall of 2010. The unemployment rate fell to its lowest level since before the Financial Crisis, coming in at 4.7 percent. However, the 38,000 jobs added were well short of analyst expectations of roughly 155,000.
With this year’s E3 is just weeks away, Pacific Crest analyst Evan Wilson recently took a close look at what investors can expect from the big show and which gaming stocks are best-positioned looking forward. According to Wilson, this year’s E3 will be all about virtual reality, hardware updates and year-end holiday releases.