The past year-plus has been easy going for investors looking to generate profits from equity returns, with the S&P 500 up by almost double from the March 2020 lows. Income, however, is another story altogether. Already-low interest rates started retreating this sprin
Activist investor Paul Singer and his Elliott Management is waging part II of its battle at Arconic (NYSE:ARNC) – the specialized engineering aluminum company that spun off from Alcoa (NYSE:AA) last year. ARNC CEO Klaus Kleinfeld recently likened Paul Singer to The Godfather’s Michael Corleone.
Elliott owns over 12% of ARNC, choosing to stick with the company even after the breakup, calling it undervalued. It’s nominated five members for the ARNC board and plans on overthrowing the CEO. The plan is to bring on former Spirit Aerosystems (NYSE:SPR) CEO Larry Lawson, who....More>>>
Both Under Armour and Fitbit stocks are trading at dramatically lower prices than they were just a few years ago. But shares are outperforming the market so far in 2018 as investors have grown less pessimistic about their businesses.
So which of these rebounding stocks makes the better buy today?
Let’s take a closer look.
Under Armour vs. Fitbit
Company Market Cap Sales Growth Gross Profit Margin Price-to-Sales Ratio 52-Week Performance
Under Armour (NYSE:UA) (NYSE:UAA) $10 billion 3% 45% 2.1 3%
Fitbit (NYSE:FIT) $1.8 billion (26%) 43% 1.1 44%
A steep slowdown in demand from cryptocurrency miners is tempering enthusiasm for what in many ways is a strong Nvidia (NVDA) earnings report.
After the bell on Thursday, Nvidia reported April quarter (fiscal first quarter) revenue of $3.21 billion (up 66% annually) and GAAP EPS of $1.98, handily beating consensus analyst estimates of $2.89 billion and $1.46. All five of Nvidia’s reported market segments — Gaming, Datacenter, Automotive, Professional Visualization and OEM & IP — beat consensus revenue estimates.
Nvidia also guided for July quarter revenue....More>>>
I wrote about Eldorado Gold (NYSE:EGO) before, as I found the company to be undervalued. Since then, the reality has improved, but the stock price has significantly declined. I find this to be a very interesting opportunity for “investors of Graham-and-Doddsville” how to benefit from a supposedly “efficient stock market”. You can find my first article here.
Eldorado Gold is a gold exploration, development and mining company. It has operations and ongoing exploration and development projects in Turkey, Greece, Canada, Romania, Serbia and....More>>>
HYCON (CURRENCY:HYC) traded 13.2% lower against the U.S. dollar during the 1-day period ending at 22:00 PM E.T. on September 7th. Over the last week, HYCON has traded 13.1% higher against the U.S. dollar. HYCON has a market cap of $599,583.79 and $198,790.00 worth of HYCON was traded on
Copart, Inc. (NASDAQ:CPRT) – Investment analysts at Jefferies Financial Group raised their Q1 2022 EPS estimates for Copart in a report issued on Thursday, September 9th. Jefferies Financial Group analyst B. Jordan now anticipates that the business services provider will post e
Sundial Growers Inc. (NASDAQ: SNDL) was the latest cannabis stock to go viral after Reddit traders caught wind of a potential catalyst earlier this year. Sundial stock jumped from $0.50 to near $4 in early February, about a 692% gain.
IDEXX Laboratories, Inc. (IDXX Quick QuoteIDXX ) has been gaining on solid top-line growth in the second quarter driven by strong sales at the CAG, LPD and Water businesses. Sturdy gains in CAG Diagnostics’ recurring revenues, supported by sustained strong global trends in pet he
Many investors often break their portfolio into separate baskets, such as core holdings versus non-core holdings. Core holdings, including dividend stocks, are often considered to be the best available companies to own as their competitive advantages have set them apart from their peers. These