Trading Ideas

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Trump revealed the newest plans to develop vaccine, but later said the country will make a comeback with or without it. Board Certified Specialist in Preventive Medicine & Public Health Dr. David Katz joins Yahoo Finance’s Seana Smith to discuss. …read more […]

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Shares of Norwegian Cruise (NCLH) are down 80% year to date, but one analyst says the impact of COVID-19 is priced in, and see the stock “as materially undervalued” if cruises rebound going into 2021. …read more […]

Even the most risk tolerant investor might wonder if now is the time to invest in cruise line stocks. As you would expect, the industry has been floored by COVID-19, and stocks across the sector have consequentially nosedived. Case in point: shares of Royal Caribbean Cruises (RCL) have sunk 70% year-to-date.But Nomura analyst Harry Curtis thinks there’s plenty of upside when considering RCL as long-term investment. Curtis rates RCL stock a Buy along with a $62 price target. Should Curtis’ thesis play out, investors could be taking home a 79% gain. (To watch Curtis’s track record, click here)Curtis noted, ”We …read more […]

Cisco said that its popular WebEx video service has exploded since social distancing orders were put in place. …read more […]

Tech giant Apple acquired virtual-reality streaming company NextVR. Meanwhile Foxconn, Apple’s biggest supplier, was hit hard by the coronavirus crisis. Yahoo Finance’s Tech Editor Dan Howley shares the details. …read more […]

Vir Biotechnology, Inc. (NASDAQ:VIR) came out with its quarterly results last week, and we wanted to see how the… …read more […]

With the stock collapsing following the reverse split, Aurora Cannabis (ACB) needed a strong quarter to change the trend. The Canadian cannabis company is in the middle of a transformational plan that doesn’t always work out as planned.The company delivered in spades. Not only did Aurora report crucial progress in cutting out of costs, but also the company smashed revenue estimates during the coronavirus outbreak. The stock has bounced strong off the lows and is likely headed higher now.According to TipRanks, the consensus on Wall Street is that Aurora Cannabis stock is a “hold” for investors. On one hand, TipRanks …read more […]

(Bloomberg) — The head of an investment firm who claimed to have access to shares in tech companies like Uber Inc. and Twitter Inc. ahead of their initial public offerings admitted swindling investors out of more than $18 million.Fred Elm, 51, the founder of Fort Lauderdale, Florida-based Elm Tree Investment Advisers, pleaded guilty to conspiracy and securities fraud charges in Manhattan federal court on Friday, agreeing to forfeit more than $8.3 million. Prosecutors have agreed to seek a maximum prison term of 17-and-1/2 years and a fine of no more than $400,000 when Elm is sentenced on Aug. 7.According to …read more […]

United is paying flight attendants until Sept. 30 thanks largely to $5 billion the airline is receiving in government payroll aid under the CARES Act, which prohibits any job or pay cuts for employees before October. Chicago-based United and other airlines have begun to share more details with employees about the scale of their dilemma in trying to match crews and fleets to an uncertain recovery from the economic crisis sparked by the new coronavirus pandemic, which has sent the global economy into a tailspin. United’s flying schedule is down by about 90%. …read more […]

Last week, you might have seen that New York Community Bancorp, Inc. (NYSE:NYCB) released its quarterly result to the… …read more […]

We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are… …read more […]

With unemployment rising to 15%, and the grim corporate earnings seasons wrapping up, investors may struggle to keep up the relatively buoyant mood that has boosted markets in recent weeks. They may find some support from the Federal Reserve, where Chairman Jerome Powell this week urged Congress and the White House to agree on additional stimulus packages. The Fed has already cut rates down to 0 to 25 basis points; they have no further ammunition, so if more help is to come, it will need to come on the spending side. Urging action, Powell said that an economic recovery “could …read more […]

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