Recommending purchasing Ciena (CIEN) when it trades into the low $20’s and then lightening up in the mid-to-high $20’s as worked relatively well for a little while now, but I’m starting to wonder if Ciena may be about to take that next step where the mid-$20’s become the “new low $20’s” and where the Street has more confidence in the growth outlook for the company’s converged packet business, as well as more confidence that margins will recover in the coming quarters. Although there’s a lot left to prove, Ciena has taken some good initial steps towards demonstrating that it....More>>>
Chicago Equity Partners LLC decreased its position in Cummins (NYSE:CMI) by 9.1% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 35,290 shares of the company’s stock after selling 3,515 shares during the period. Chicago Equity Partners LLC’s holdings in Cummins were worth $5,720,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Advisor Partners LLC boosted its holdings in shares of Cummins by 8.1% in the fourth....More>>>
Icon Plc (NASDAQ:ICLR) – Stock analysts at KeyCorp increased their Q4 2018 earnings estimates for Icon in a research note issued on Sunday, June 17th. KeyCorp analyst D. Hooker now forecasts that the medical research company will earn $1.59 per share for the quarter, up from their previous estimate of $1.58. KeyCorp currently has a “Overweight” rating and a $152.00 price target on the stock.
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Icon (NASDAQ:ICLR) last announced its earnings results on Thursday, May 3rd. The medical research company reported $1.42 earnings....More>>>
March 7, 2018: The S&P 500 closed up 0.4% at 2,738.94. The DJIA closed up 0.4% at 24,894.24. Separately, the Nasdaq was up 0.4% at 7,427.95.
Thursday ended up a net positive day for the broad U.S. markets. The markets shifted from positive to negative a couple times throughout the day, but ultimately finished on a positive note. Most of the gain for the markets came at the end of the day. Crude oil posted another significant drop. The S&P 500 sectors were almost entirely positive. The most positive sectors were consumer staples and real estate up 0.8% and 0.7%, respectively. The....More>>>
Today, I will show you how to take our very best investment ideas and make them 10 times better… That's right. Using this simple strategy, I believe every individual investor managing less than $10 million can earn 50% a year in safe stocks. Returns at this level can transform your retirement… or even build generational wealth. But this doesn't mean you have to buy risky stocks. And I'm not talking about anything expensive, difficult, or complex. I'm just talking about taking our best, safest ideas… and making one tiny adjustment.....More>>>