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Trading Ideas

Popeyes Viral Chicken Sandwiches Offer an Investing Lesson

November 8, 2019 admin Comments Off on Popeyes Viral Chicken Sandwiches Offer an Investing Lesson

Popeyes’ new chicken sandwich went viral in August and prompted the “Chicken Wars.” This battle was fought between the fast food purveyor of fried chicken. Popeyes, and its competitors in the chicken sandwich space, Chick-fil-A and perpetual Twitter heavyweight-champion Wendy’s (Nasdaq: WEN). The viral sensation can offer some powerful investing lessons for the savvy stock trader.

Contrarian investing is the investment strategy that involves going against the Wall Street herd mentality. When everyone else zigs, the contrarian investor zags. When the crowd goes left, the contrarian goes right. And when the masses are buying like it’s a Macy’s “One Day Sale” …read more […]

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The Permian paradox: Texas shale players go green to drill more

November 8, 2019 admin Comments Off on The Permian paradox: Texas shale players go green to drill more

HOUSTON/BENGALURU (Reuters) – As the thirst for electricity to power drilling rigs in West Texas drives the state’s energy needs to new highs, oil and gas companies are increasingly relying on wind and solar power to ensure that the shale boom continues. Oil and gas firms operating in the Permian shale basin in West Texas, the nation’s biggest, have been largely behind growth in the area’s energy demand, according to Electric Reliability Council of Texas (ERCOT), which oversees most of the state’s electricity grid. …read more […]

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Old Navy spin-off in doubt after Gap's Peck departs: analysts

November 8, 2019 admin Comments Off on Old Navy spin-off in doubt after Gap's Peck departs: analysts

Peck, who joined the company in 2005 and has held the top job since 2015, planned to split Old Navy into a separate public company as he strove to revitalize Gap with the addition of Athleta athleisure wear, provide more online offerings and close unprofitable stores. Old Navy’s spin-off was predicated on its out performance of Gap’s other brands, but Peck’s departure, after recent poor sales in a flooded market, had Wall Street wondering whether the split could be delayed or abandoned altogether. “We think the Old Navy spin should be scrapped … it makes little sense to …read more […]