This article is reprinted by permission from NextAvenue.org. It is part of a partnership between Next Avenue andChasing the Dream, a public media initiative on poverty and opportunity.
In her powerful new book,Nomadland, award-winning journalist Jessica Bruder reveals the dark, depressing and sometimes physically painful life of a tribe of men and women in their 50s and 60s who are as the subtitle says surviving America in the twenty-first century. Not quite homeless, they are houseless, living in secondhand RVs, trailers and vans and driving from one location to another to pick up seasonal low-wage jobs, if they can get them, with little or no benefits.
best stocks to buy now: Catalent, Inc.(CTLT)
Advisors’ Opinion:
- [By Lisa Levin]
Catalent Inc (NASDAQ: CTLT) shares were also up, gaining 15 percent to $40.57 as the company reported stronger-than-expected results for its fourth quarter on Monday.
best stocks to buy now: DepoMed Inc.(DEPO)
Advisors’ Opinion:
- [By Lisa Levin]
Shares of Depomed Inc (NASDAQ: DEPO) got a boost, shooting up 13 percent to $23.90. Depomed is preparing to put itself up for sale, following calls from activist investor Starboard Value LP to explore such a move, just a year after it fought off a hostile acquisition bid, people familiar with the matter told Reuters.
best stocks to buy now: XOMA Corporation(XOMA)
Advisors’ Opinion:
- [By Lisa Levin]
Shares of XOMA Corporation (NASDAQ: XOMA) got a boost, shooting up 31 percent to $14.69. Wedbush upgraded XOMA from Neutral to Outperform.
Energous Corp (NASDAQ: WATT) shares were also up, gaining 17 percent to $11.89. Energous reported a new, high-power, Near Field WattUp charging solution for electronic devices.
- [By Spencer Israel]
The following are some of the stocks discussed on the show for which co-host Joel Elconin offered technical levels.
Bank of America Corp (NYSE: BAC) hit a low last week of $22.43, and has a big psychological level of $22.
Goldman Sachs Group Inc (NYSE: GS) has two minor support levels from early December of $221.22 and $220.35. Under $220 it gets dicey, with support at $214.97 and $209.92.
United States Steel Corporation (NYSE: X) has a key low of $31.33 from February 2. That number serves as support.
Best Buy Co Inc (NYSE: BBY) has a triple top at $45.15. It's currently in a trading range from $43.75-$45.70.
Shake Shack Inc (NYSE: SHAK) has been range bound over the last four days from $31.68 to $32.62. It has major support at the all-time low from March 15 at $30.36.
Warren Lorenz, CEO of TechMeetsTrader, joined the show to discuss his "Facebook for stocks" platform, and how he learned how to trade by watching trading communities. Listen to the full interview with Lorenz here.
Tommy Lackey, managing partner and portfolio manager at Relativity Capital Advisors, told us which stocks are on his nitrous scans and meltdown filters this morning. Those include XOMA Corporation (NASDAQ: XOMA) Whirlpool Corporation (NYSE: WHR) and Bed Bath & Beyond Inc. (NASDAQ: BBBY). Listen to the full interview with Lackey here.
With the market in a slight selloff following Friday's healthcare fallout, the focus today will be which sectors, if any, rebound throughout the day. With steel stocks looking weak and gold minors and utilities looking strong, co-host Dennis Dick said he'll try to jump into those sectors if they stay weak after the open. Hear what other sectors Dick is watching here.
With Snap Inc (NYSE: SNAP)'s 25-day quiet period for analysts over, the Street was treated to bullish ratings by Goldman Sachs, Citigroup, Morgan Stanley and others. It's worth noting, however, most of Monday morning
best stocks to buy now: Nestl茅 S.A. (NSRGF)
Advisors’ Opinion:
- [By SEEKINGALPHA.COM]
In sum, the three companies are equally valued at generous multiples. It is difficult to choose one of them based on fundamentals or valuations, but we like the strategy of Nestl茅 and P&G more than Unilever. Therefore, we recommend investing in these companies only if someone is interested in a limited but relatively safe upside potential. Good entry prices would be as follows: Nestl茅 (OTCPK:NSRGF) at CHF 70.1 or $70.1 for the ADR , P&G at $83.6 and Unilever (OTC:UNLVF) at 34.1 or $38 for the ADR (NYSE:UN).
- [By SEEKINGALPHA.COM]
A recently updated map from HowMuch.net ranking the world’s most valuable brands by country in 2017 shows that Apple Inc. (AAPL) lost its spot as the US’s most valuable brand. Of these, the top 10 most valuable brands with shares or ADRs traded in the US are:
US-based search engine and Google parent Alphabet Inc (GOOG) (NASDAQ:GOOGL) Swiss food giant Nestle (OTCPK:NSRGF) Korea’s Samsung Electronics (OTC:SSNLF) – part of a larger group of Samsung brands China’s (and the world’s) largest bank ICBC (OTCPK:IDCBF) Japanese automaker Toyota (TM) Irish medical equipment maker Medtronic (MDT) Royal Dutch Shell, the oil company (RDS.A) Royal Bank of Canada (RY) Spanish bank Santander (SAN), and Hong Kong-based insurer AIA (OTCPK:AAGIY)
In 11th and 12 place, by market cap, are British telecom Vodafone Plc (VOD) and German automaker BMW (OTCPK:BMWYY), whose brands are valued at 2-4x AIA’s according the map, but whose market caps trade at significantly lower multiples in the current market environment.
