The November U.S. midterm elections are now only two months away. President Donald Trump and a Republican Congress have implemented a number of market-moving changes since the last election. Bank of America economist Joseph Song[WD] recently looked at what is on the line for investors this November how it could impact the market. The latest…
The latest data on airline bookings from Bank of America suggests the uptick in summer domestic bookings and pricing continued in the month of August. With airline stocks trading at some of the lowest earnings multiples in the market, value investors such as Warren Buffett have made big bets on the long-term outlook for airline…
Apple Inc. (Nasdaq: AAPL) investors were hoping that the company could avoid major fallout from the trade war between the U.S. and China, but a new letter from Apple to the U.S. trade representative suggests a number of Apple products are being impacted by the latest rounds of U.S. import tariffs.
With former U.S. retail stalwarts like J.C. Penney Company (JCP) and Sears Holdings Corp (SHLD) seemingly on the brink of death, it goes without saying that the U.S. retail sector has been difficult to navigate for investors over the last few years. According to Goldman Sachs analyst Alexandra Walvis, the difficulty will continue in coming…
Bitcoin prices fell below $6,500 this week following reports that Goldman Sachs Group, Inc. (NYSE: GS) is scrapping plans to roll out a cryptocurrency trading desk. However, some analysts say Goldman isn’t bitcoins biggest problem, and the currency is getting crushed under the weight of a strong U.S. dollar.
FOLLOWING SEVERAL WEEKS of heavy selling pressure, Tesla Inc (Nasdaq: TSLA) stock bounced on Thursday after CEO Elon Musk retweeted a new report claiming Tesla dominated the electric vehicle market in August.
Bank of America is monitoring a number of themes analysts believe will create long-term value for investors, and the firm’s top-performing theme over the past four years is the Sharing Economy. The Sharing Economy is a term used to describe a number of activities and services that are shifting to online platforms, including on-demand, rental,…
General Electric Company (NYSE: GE) is pursuing an aggressive asset sales plan to improve its balance sheet, focus its business and get its stock price back on track. Unfortunately for GE stock investors, UBS analyst Steven Winoker says GE stock will likely continue to struggle until the power market shows signs of improvement.
After a nine-year rally in U.S. stocks, some investors are starting to rotate away from high-growth, high-risk stocks and into the relative safety of dividend-paying value stocks. Unfortunately, the Standard & Poors 500 index’s price-to-earnings ratio is currently 25.2, roughly 60 percent above its historical average. In other words, it takes some digging to find…
IT HAS BEEN A DIFFICULT few months for Facebook, Inc. (Nasdaq: FB) after a guidance miss sent the stock tumbling in late July. However, MoffettNathanson analyst Michael Nathanson says FB stock investors shouldn’t expect a rebound any time soon as the company prepares to once again appear before Congress this week.