The short interest ratio for Apple Inc. stock has spiked to a 3 month high while the days to cover metric has climbed over 2. Is AAPL stock setting up for a massive short squeeze?
Apple (NASDAQ:AAPL) stock is off to a flying start in 2017. Shares of the Cupertino, California-basedtechnology giant are up nearly 22% in 2017, closing the trading session at a price of $140.88 per share. In comparison, the Nasdaq Composite (INDX:COMPX) is up 8.5% for the year while the S&P 500 (INDX:SPAL) has risen 4.6% in the same time frame. In other words, Apple stock has outperformed the broader market, and by a fair margin. Considering that we are only a quarter into the current year, the rise of AAPL stock hasn’t gone unnoticed. The short interest in Apple stock has risen steadily over the last few months, as the ‘bears’ expectation for a pullback has risen with every new high. Is it time to sell Apple stock? Or, is the AAPL stock still a good buy?
learn about the stock market: Ingles Markets Incorporated(IMKTA)
- [By WWW.THESTREET.COM]
Not all grocers will suffer from Amazon’s growing reach, but those who sell to high-income customers in the top 25 U.S. markets may see their business erode. Among those names include Costco (COST) , Trader Joe’s and Whole Foods (WFM) , which have the most to lose according to Barclays. On the other hand, Walmart (WMT) , Sam’s Club (owned by Walmart) and Ingle’s Markets (IMKTA) have the least to lose.
learn about the stock market: (LGF.A)
- [By Keith Noonan]
While 2016 played host to a range of films that underperformed, the biggest flops belonged to Disney (NYSE:DIS), Viacom (NASDAQ:VIA) (NASDAQ:VIAB) and Lions Gate Entertainment (NYSE:LGF.A). Click through the presentation below to get the details on the year’s five biggest film flops and to learn what last year’s movie misfires mean for the companies involved.
learn about the stock market: Lithium X Energy Corp. (LIXXF)
- [By SEEKINGALPHA.COM]
The other producing lithium miners, and soon to be producers. I have discussed these previously in detail here, here and here. Needless to say, the top 3 producers are non-pure plays (SQM (NYSE:SQM), Albemarle (NYSE:ALB), and FMC Corp. (NYSE:FMC)). The top pure play currently producing miners are Orocobre (ASX:ORE) (OTCPK:OROCF), Tianqi Lithium (SHE:002466), Jiangxi Ganfeng Lithium, Galaxy Resources, Mineral Resources [ASX:MIN] (OTC:MALRF), and Neometals [ASX:NMT] (OTC:RRSSF). The near-term producers include Altura Mining [ASX:AJM] (OTCPK:ALTAF), Pilbara Minerals (ASX:PLS) (OTC:PILBF), Kidman Resources (ASX:KDR), Critical Elements, Nemaska Lithium (OTCQX:NMKEF) [TSX:NMX], Lithium Americas (OTCQX:LACDF) [TSX:LAC], Lithium X (OTCQX:LIXXF) (TSXV:LIX), Neo Lithium, and Bacanora Minerals (OTC:BCRMF) [TSXV:BCN], Advantage Lithium (OTCQB:AVLIF) [AAL], European Metals (OTCPK:MNTCF, ASX:EMH, AIM:EMH) and Pure Energy (OTCQB:PEMIF) [PE].
- [By Tom Bishop]
Lithium X Energy NPV (LIXXF) owns 50% of the Sal de los Angeles lithium brine project in the prolific “Lithium Triangle” in mining friendly Salta province, Argentina.
learn about the stock market: CIRCOR International, Inc.(CIR)
- [By Lisa Levin]
CIRCOR International, Inc. (NYSE: CIR) was down, falling around 15 percent to $60.91. CIRCOR reported Q4 adjusted earnings of $0.48 per share on revenue of $158 million. Stifel Nicolaus downgraded Circor from Buy to Hold.