Back on January 22, I identified three stocks making major bullish price channel breakouts in their charts. At the time, the S&P 500 had plunged more than 5 percent in only three weeks in 2016 and market sentiment was extremely bearish.
The U.S. economy seems to be positioned relatively well compared to many top European and emerging market economies, but the situation is far from comfortable around the world. In this time of global economic uncertainty, the results of Bankrate’s new financial security survey seem appropriately mixed. Several numbers indicate cause for optimism, while others reveal worrisome trends.
Apple Inc. AAPL 1.49% may be the most popular topic of debate on Wall Street. The company’s massive profits, huge cash reserves and low multiple have value investors salivating. But iPhone saturation and slowing growth numbers have others worried that Apple’s stock’s best days are behind it.
There are rarely any guarantees when it comes to investing. Even the best stocks trade up and down on a weekly or monthly basis. However, there is one thing that investors in high-quality companies can generally count on no matter what’s going on in the economy: dividends.
Clearly, the business of cell tower REITs like American Tower Corp AMT 0.67% and Crown Castle International Corp CCI 0.73% is closely tied to telecom companies like AT&T Inc. T 0.16% and Verizon Communications Inc. VZ 0.15%, so it stands to reason that the stocks must also tend to trade in similar directions. Right?
Delta Air Lines, Inc. DAL 0.25% has reported year-over-year (Y/Y) February traffic growth of 5.3 percent on a capacity increase of 6.0 percent. In a press release, Delta emphasized the strong environment for airlines.
If you’re still kicking yourself for not recognizing the investment opportunity that smartphones presented a decade ago, Deutsche Bank analyst Ross Sandler believes that patient investors in virtual reality (VR) technology will see a similar widespread wave of adoption in coming years. In a new report, Ross discusses the business of VR and how long…
The shareholders that are dumping Sunedison Inc SUNE 17.11% after the company announced it is suspending dividend payments on its preferred shares aren’t the only ones fed up with the company. In a series of new notes, several Wall Street analysts have also lost patience with Sunedison. Shares traded Wednesday at $1.56, down 12.8 percent.
A new report by JPMorgan analyst Jan Loeys suggests that traders should be selling stocks following the recent market rally. According to the report, JPMorgan now sees a 33 percent chance of a U.S. recession sometime in the next year.
After an extremely weak opening to 2016, the S&P 500 has bounced back a bit in the last couple of weeks. However, while many investors are celebrating the market rebound, some Wall Street analysts see the move as a great opportunity to sell or short popular tech stocks Tesla Motors (TSLA), GoPro (GPRO) and Twitter (TWTR).