Walmart Inc (NYSE: WMT) reported a mixed third quarter on Thursday, but guided for a big holiday sales season. Walmart has impressed Wall Street for three consecutive quarters, and analysts say the retail giant’s momentum should continue for the next several years.
Airline stocks lost altitude in 2018 with the U.S. Global Jets ETF (ticker: JETS) dipping 3 percent overall year to date. Rising fuel prices and labor costs have kept airline investors grounded this year, but JPMorgan Chase & Co. analyst Jamie Baker recently upgraded a handful of airline stocks based on several catalysts. Baker says a…
ANOTHER WALL STREET analyst has lost confidence in Apple Inc (Nasdaq: AAPL) stock. Guggenheim is the latest of a handful of analysts to downgrade Apple stock in recent weeks over concerns about slumping iPhone sales.
AFTER MONTHS OF speculation and competition, Amazon.com (Nasdaq: AMZN) announced on Tuesday that its second headquarters will be split between Arlington, Virginia, and New York City. Analysts say the new locations will give the company critical access to two of the largest financial and political hubs in the world.
The stock market’s October hiccup reset the valuations of a number of popular stocks. But the sell-off was a friendly reminder to all investors that expectations can get easily get a bit too high on Wall Street. Bank of America uses its Beat Factor screen to identify stocks with consensus earnings estimates and price targets that are…
Home Depot Inc (NYSE: HD) reported yet another earnings beat and issued solid fourth-quarter guidance on Tuesday. Analysts say Home Depot remains the gold standard of the home improvement market, and the company will likely continue to gain market share in 2019.
LESS THAN THREE WEEKS before American retailers and shoppers kick of the massive Black Friday holiday sales event, Alibaba Group Holding Ltd (NYSE: BABA) reported a record $30.8 billion in gross merchandise volume (GMV) for its Singles Day shopping event over the weekend. Analysts say long-term investors shouldn’t put too much emphasis on Singles Day numbers, but there are…
Investors are always looking ahead to the next big trend in the market. Traditionally, younger Americans have been trendsetters in the economy, so it’s always wise for investors to keep an eye on what Generation Z is buying. U.S. investment bank Piper Jaffray surveyed more than 8,000 American teens to identify where they are eating, what they…
Yelp Inc (NYSE: YELP) stock fell 31 percent on Friday after the company reported a third-quarter revenue miss and cut its full-year guidance. The market severely punished Yelp stock for the bad report, and analysts say investors should stay away from the stock until the company shows signs that its non-term advertising model is gaining traction.
General Electric Company (NYSE: GE) stock dropped nearly 8 percent on Friday to below $9 for the first time since 2009. The latest round of new lows come after GE received its lowest price target on Wall Street Friday morning.