Investors will likely spend the holiday-foreshortened week digesting the last two weeks of stock market gains before they move on to digesting their Thanksgiving feast.
Stocks finished higher for the week on Friday with the Dow Jones Industrial Average
gaining 0.1% on the week, the S&P 500 index
rising 0.8%, and the Nasdaq Composite index
finishing up 1.6%. Since Election Day and Donald Trumps surprise presidential win, the Dow has climbed 2.9%, the S&P 500 has gained 2%, and the Nasdaq has risen 2.5%.
stock quotes: Eros International PLC(EROS)
- [By Peter Graham]
Small cap Bollywood stock Eros International plc (NYSE: EROS) is the15th most shorted stock on the Nasdaq with short interest of 39.19% according to Highshortinterest.complus the Company has just reported earnings. Eros International is a leading global company in the Indian film entertainment industry that acquires, co-produces and distributes Indian films across all available formats such as cinema, television and digital new media. Eros International Plc was the first Indian media company to list on the New York Stock Exchange and is one of the oldest companies in the Indian film industry to focus on international markets as the Company has experience of over three decades in establishing a global platform for Indian cinema. The Company has a competitive advantage through its extensive and growing movie library comprising of over 3,000 films, which include Hindi, Tamil, and other regional language films for home entertainment distribution. Eros International has built a dynamic business model by combining the release of new films every year with the exploitation of its film library. The company also owns the rapidly growing OTT platform Eros Now.
stock quotes: Electro Scientific Industries, Inc.(ESIO)
- [By Jim Robertson]
On Wednesday, our Elite Opportunity Pro (EOP) portfolio newsletter has suggestedsmall cap laser-based manufacturing solutions stockElectro Scientific Industries (NASDAQ: ESIO). According tothe Company itself: Its integrated solutions allow industrial designers and process engineers to control the power of laser light to transform materials in ways that differentiate their consumer electronics, wearable devices, semiconductor circuits and high-precision components for market advantage. The Company’s laser-based manufacturing solutions feature the micro-machining industry’s highest precision and speed, and target the lowest total cost of ownership.To put that more into layman terms: Electro Scientific Industries systems enable precise engineering and testing of micron to submicron features in semiconductors, LEDs, multi-layer ceramic capacitors (MLCCs), printed circuit boards (PCBs), flex circuits and other high-value components – all of which are vital to our economy.
stock quotes: Stamps.com Inc.(STMP)
- [By Lisa Levin]
Stamps.com Inc. (NASDAQ: STMP) shares shot up 31 percent to $198.75 as the company posted upbeat Q2 results and raised its FY17 outlook.
Shares of Solaredge Technologies Inc (NASDAQ: SEDG) got a boost, shooting up 21 percent to $27.56 after the company posted stronger-than-expected quarterly results.
- [By Joe Tenebruso]
Stamps.com (NASDAQ:STMP) reported sharply higher sales and earnings in the fourth quarter, as the shipping solutions company has become the platform of choice for a steadily growing number of online businesses.
- [By Lee Jackson]
These companies also reported insider selling last week: Aetna Inc. (NYSE: AET), Cullen/Frost Bankers Inc. (NYSE: CFR), Rockwell Automation Inc. (NYSE: ROK), Stamps.com (NASDAQ: STMP) and Western Alliance Bancorporation (NYSE: WAL).
stock quotes: Vanguard Short-Term Government ETF(VGSH)
- [By Donald van Deventer]
Shorter-duration Treasury Exchange-Traded Funds: (SHY), (SHV), (IEI), (BIL), (TUZ), (FIVZ), (DTUL), (VGSH), (DTUS), (DFVS), (DFVL), (SST), (ISTB), (TBZ).