As of April 3, 2024, five stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when...
The Nasdaq 100 closed lower by around 0.9% on Tuesday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company’s prospects or that they view the stock as being overpriced. Insider...
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Gordon Haskett cut the price target for Dollar Tree, Inc. (NASDAQ: DLTR) from $150 to $140. Gordon Haskett...
Shares of Cal-Maine Foods, Inc. (NASDAQ: CALM) rose sharply in today’s pre-market trading after the company reported upbeat results for its fourth quarter. The company reported quarterly earnings of $3.00 per share which beat the analyst consensus estimate of $2.46 per share, according to...
Levi Strauss & Co. (NYSE: LEVI) is set to release earnings results for its first quarter, after the closing bell on April 3, 2024. Analysts expect the San Francisco, California-based company to report quarterly earnings at 21 cents per share, down from 34 cents per share in the year-ago period...
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it...
Although U.S. stocks closed lower on Tuesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider...
U.S. stock futures were lower this morning, with the Nasdaq futures falling by around 0.2% on Wednesday. Shares of Intel Corporation (NASDAQ: INTC) fell sharply in today’s pre-market trading after the company outlined a new financial framework for its foundry business. After the market...
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the "Greed" zone on Tuesday. U.S. stocks closed lower on Tuesday, with the Dow Jones index recording losses for the second straight session. The 30-stock Dow also recorded its...
Editor's note: This story was updated with Elon Musk's reaction to Gerber's comments. Gerber Kawasaki Wealth and Investment Management CEO Ross Gerber slammed Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk for the company’s dismal first-quarter performance...
With U.S. stock futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Acuity Brands, Inc. (NYSE: AYI) to report quarterly earnings at $3.25 per share on revenue of $907.75 million before the opening bell,...
Acuity Brands, Inc. (NYSE: AYI) is scheduled to release earnings results for its second quarter, before the opening bell on April 3, 2024. Analysts expect the company to report quarterly earnings at $3.25 per share, up from $3.06 per share in the year-ago period. The company is projected to post...
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dipping over 1% on Tuesday. The Dow traded down 1.07% to 39,142.53 while the NASDAQ fell 1.14% to 16,209.12. The S&P 500 also fell, dropping, 0.85% to 5,199.28. Check This Out: Wynn Resorts, Hilton Worldwide And An...
Shares of Stryve Foods, Inc. (NASDAQ: SNAX) fell sharply during Tuesday’s session following a fourth-quarter revenue miss. Stryve Foods posted adjusted loss of $1.90 per share, versus market estimates for a loss of $1.96 per share. The company’s sales came in at $2.887 million versus...
Levi Strauss & Co. (NYSE: LEVI) is expected to release earnings results for its first quarter, after the closing bell on April 3, 2024. Analysts expect the San Francisco, California-based company to report quarterly earnings at 21 cents per share, down from 34 cents per share in the year-ago...