Trading Ideas
6 Underperforming Guru Stocks
Juniper Networks and Guardant Health on the list Continue reading… …read more […]
Month: December 2019
Trading Ideas
Tesla may cut price of China-built cars in 2020: BBG
Tesla’s stock was on the rise Wednesday after reports surfaced that its considering cutting the prices of its China-built Model 3 Sedans by 20% or more next year, in an effort to lure in more buyers. The On the Move Panel breaks it down. …read more […]
Trading Ideas
Opportunities in EVs and Charging for 2020
Renewable energy is my main investment focus for 2020. This includes companies in the electric vehicle supply chain.
For example, look no further than the 21st century EV pioneer. Back in 2013, Tesla (Nasdaq: TSLA) was out of favor and cheap.
At $47 per share, it was selling for peanuts. Analysts were predicting its quick demise.
But here is what I wrote to my readers in April of that year: “Investors who want a pure play in the EV space might do well to consider investing in a few shares of Tesla Motors.
“Given the enthusiasm for the company’s cars and its rapid …read more […]
Business News
Wall Street extends record-setting rally; FedEx drops
The S&P 500 and Nasdaq inched to all-time highs on Wednesday, extending a record-setting run as investors’ optimism about the global economy remained strong, while a steep drop in FedEx shares limited further gains.
Trading Ideas
Tech expert on streaming wars: 'They're all going to come back to Netflix'
One tech expert believes that consumers will ultimately hold onto their Netflix accounts. …read more […]
Trading Ideas
3 Reasonably Priced Stocks for the Value Investor
Royal Dutch Shell plc tops the list Continue reading… …read more […]
Business News
UK ad watchdog bans BAT from Instagram e-cigarette promotion
British American Tobacco (BAT) must stop advertising its e-cigarettes from any public account on Instagram, including some influencers’ accounts, the UK’s advertising watchdog ruled on Wednesday.
Trading Ideas
6 Predictable Guru Stocks
Mastech Digital tops the list Continue reading… …read more […]
Business News
Despite IPO flameouts, 2019 sets record for U.S. unicorn births
Unicorns like Uber, Lyft and Slack may have had disappointing IPOs, but U.S. venture capital firms gave birth to a record number of unicorns in 2019.
Business News
Indian tribunal backs Mistry’s reinstatement as chairman of Tata Sons
Cyrus Mistry, who has been embroiled in a legal battle with Tata Group since being ousted in 2016, won backing from a tribunal to be reinstated as executive chairman of its holding company, lawyers said on Wednesday.
Business News
Dollar gains on Fed rates view; stocks edge higher
The dollar gained on Wednesday as improving economic data squashed the likelihood of a Federal Reserve interest rate cut in 2020, while global equity markets extended a rally that again pushed key indices on Wall Street to record highs.
Trading Ideas
Tesla, Saudi Aramco and the Stock Price Bros
(Bloomberg Opinion) — “Stock price, bro” is an established response to anyone expressing skepticism about Tesla Inc. It’s shorthand for “If things are so bad, then why is the stock price so high (bro)?”I was reminded of this during the first few days of trading for Saudi Arabian Oil Co., which debuted on Riyadh’s stock exchange earlier this month. I’ve never been able to square Crown Prince Mohammed Bin Salman’s $2 trillion price tag for Saudi Aramco with the company’s financials; my last stab at valuation came in a bit below $1.5 trillion. So when it breached the prince’s price …read more […]
Business News
Airbus sees strong sales haul this year on Asia demand, long-range A321
Airbus is on course to end 2019 with a rise in its order backlog after netting more sales than deliveries across its major products, a senior executive said on Wednesday, thanks partly to strong demand in Asia.
Business News
Peruvian prosecutor investigating deaths of two McDonald’s employees
A Peruvian prosecutor’s office said it was investigating the death of two teenaged employees in a McDonald’s-branded restaurant in Lima, in an incident that has spurred protests against the fast-food giant in the South American nation.
Business News
Daimler agrees to $20 million settlement over U.S. vehicle recalls
Daimler AG’s Mercedes-Benz USA has agreed to a $20 million civil penalty over its handling of U.S. vehicle recalls after a year-long U.S. government investigation into 1.4 million recalled vehicles.