Year: 2020

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Were Hedge Funds Right About Dumping American Airlines Group Inc (AAL)?

July 9, 2020 admin Comments Off on Were Hedge Funds Right About Dumping American Airlines Group Inc (AAL)?

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […] …read more […]

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Were Hedge Funds Right About Piling Into JetBlue Airways Corporation (JBLU)?

July 9, 2020 admin Comments Off on Were Hedge Funds Right About Piling Into JetBlue Airways Corporation (JBLU)?

We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […] …read more […]

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Oil Sinks With Rebound in Libyan Output Adding to Market Gloom

July 9, 2020 admin Comments Off on Oil Sinks With Rebound in Libyan Output Adding to Market Gloom

(Bloomberg) — Crude slid after a key Libyan oil field resumed production, threatening to unleash barrels into a market where demand is already lackluster.U.S. oil futures fell as much as 3% on Thursday after trading in a tight range this week. The Messla oil field and Sarir refinery in eastern Libya resumed production after a technical problem forced a shutdown. Meanwhile, rising global coronavirus cases and reports of layoffs at companies from Wells Fargo & Co. to Walgreen Boots Alliance Inc. are dampening the potential of a demand recovery later this year.“The global market is going to have a difficult …read more […]

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3 Small-Cap Stocks Under $6 That Could See Over 70% Gains

July 9, 2020 admin Comments Off on 3 Small-Cap Stocks Under $6 That Could See Over 70% Gains

As the number of new COVID-19 cases climbs at a record pace, the stock market isn’t just trudging along, it’s charging forward. Given this clear disconnect, finding compelling plays can feel like guesswork. The adrenalin junkies among the Wall Street observers, however, are turning to small-caps.Out on the Street, these names with market capitalizations landing below $2 billion are known for their volatility as they are prone to very extreme movements. That being said, small-cap stocks boast huge growth prospects that their larger counterparts simply don’t offer. Additionally, these often younger companies tend to fly under-the-radar, meaning that the potential …read more […]

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Bed Bath Drops 9% In Pre-Market As Sales Sink 49%; Merrill Lynch Raises PT

July 9, 2020 admin Comments Off on Bed Bath Drops 9% In Pre-Market As Sales Sink 49%; Merrill Lynch Raises PT

Shares in Bed Bath & Beyond (BBBY) plunged 9% in pre-market trading after the home goods retailer reported a 49% decline in net sales in the first quarter due to temporary store closures during the coronavirus pandemic.The stock dropped to $9.45 in Thursday’s pre-market trading as the retailer announced that it will close about 200 of its stores over the next two years to cut costs. Net sales in the first quarter dropped 49% to $1.3 billion year-on-year falling short of the $1.39 billion estimated by analysts. Bed Bath reported an adjusted net loss of $1.96 per diluted share for …read more […]