No Picture
Trading Ideas

Pandora Soars as Investors Get Early Glimpse of Results

(Bloomberg) — The world’s biggest maker of jewelry added roughly a tenth to its market value on Monday after reassuring investors it would reach the upper end of its profit forecast for 2019.Shares in Pandora A/S rose as much as 12%, as the Copenhagen-based company released some preliminary figures ahead of its Feb. 4 annual results. It now expects its profit margin for 2019 to be in the higher end of the previously guided range of 26-27%.The update was “definitely good news,” said Per Fogh, an analyst at Sydbank. “Many people had expected Pandora to miss that guidance altogether, so …read more […]

No Picture
Trading Ideas

3 Tech Stocks That Are Poised to Benefit From 5G Growth

Technology evolves, and the next step in cellular tech is upon us. 5G is here, and effects will build over the next several years, as providers, device makers, and app writers adapt to the new capabilities. The new standards were set two years ago, and carrier networks started going live in the middle of last year. Early in December, T-Mobile launched the first 5G nationwide network.The main advantages that 5G will bring are already known: more room on the data channels will speed up connections; lower signal latency will make connections more responsive; and most important of all, 5G will …read more […]