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Why Cinemark, Liberty SiriusXM And Other Oversold Majors In The Communication Services Sector Look Promising
Thursday, December 22, 2022 - 8:06am | 571The most oversold stocks in the communication services 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...
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Why Under Armour Shares Are Moving After Hours
Wednesday, December 21, 2022 - 5:35pm | 373Under Armour Inc (NYSE: UA) (NYSE: UAA) shares are popping in Wednesday's after-hours session after the company appointed a new CEO. What Happened: Under Armour said the president of Marriott International (NASDAQ: MAR) Stephanie Linnartz will join the...
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Target, Lowe's And 2 Other Stocks Insiders Are Selling
Wednesday, December 21, 2022 - 9:38am | 671The Nasdaq 100 index closed slightly lower on Tuesday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go...
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Tesla To $270? Here Are 10 Other Price Target Changes For Wednesday
Wednesday, December 21, 2022 - 9:23am | 552Goldman Sachs raised NIKE, Inc. (NYSE: NKE) price target from $120 to $133. Goldman Sachs analyst Kate McShane maintained a Buy rating on the stock. NIKE shares rose 11.6% to $115.20 in pre-market trading. Wedbush cut Shake Shack Inc. (NYSE: SHAK) price target from $58 to $49. Wedbush analyst...
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Lennar Has To Cut Costs Despite Promising Demand To Weather Economic Uncertainty, Says Analyst
Monday, December 19, 2022 - 2:45pm | 484Raymond James analyst Buck Horne reiterated a Market Perform rating on the shares of Lennar Corp (NYSE: LEN) after the review of 4Q22 results. Lennar reported 4Q22 GAAP EPS of $4.55, which included $0.25/share of mark-to-market tech investment losses and $0.22/share of land/backlog/...
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J.P. Morgan Sees Continued Upside In The Macau SAR-Centric Equities
Thursday, December 15, 2022 - 2:27pm | 692J.P. Morgan analyst Joseph Greff provides insight on the outlook for gaming and lodging stocks/companies in the fiscal year 2023. The analyst sees more compelling value and better risk-rewards in gaming versus lodging, given better values and differing sets of investors’ expectations...
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Global Central Banks All Hiking
Thursday, December 15, 2022 - 10:41am | 1049Good Morning Everyone! FTX executives are turning on each other. A filing yesterday revealed that days before the bankruptcy filing co-CEO Ryan Salame told authorities that SBF may have committed fraud by sending FTX customer funds to his hedge fund Alameda. Prices as of 4 pm EST, 12/14/22; %...
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What's Going On With Lennar Stock After Hours?
Wednesday, December 14, 2022 - 6:20pm | 448Shares of U.S. homebuilder Lennar Corp (NYSE: LEN) are moving in Wednesday's after-hours session after the company reported better-than-expected financial results. What Happened: Lennar said fourth-quarter revenue increased 21% year-over-year to $10.17 billion, which...
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Tesla To $235? Here Are 10 Other Price Target Changes For Wednesday
Wednesday, December 14, 2022 - 9:11am | 540Goldman Sachs cut Tesla, Inc. (NASDAQ: TSLA) price target from $305 to $235. Goldman Sachs analyst Mark Delaney maintained a Buy rating on the stock. Tesla shares fell 0.4% to $160.35 in pre-market trading. Mizuho boosted Constellation Energy Corporation (NASDAQ: CEG) price target from $54 to...
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Lennar, REV Group And 3 Stocks To Watch Heading Into Wednesday
Wednesday, December 14, 2022 - 5:09am | 321With US stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects REV Group, Inc. (NYSE: REVG) to report quarterly earnings at $0.25 per share on revenue of $595.02 million before the opening bell. REV...
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Markets Turn More Bullish Following Inflation Data
Wednesday, December 14, 2022 - 4:09am | 269The CNN Money Fear and Greed index showed an improvement in overall market sentiment following the release of US CPI data. US stocks closed higher on Tuesday following release of lower-than-expected data on inflation. The Dow Jones jumped over 700 points earlier during the session the consumer...
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JetBlue Airways, Pacira BioSciences And Some Other Big Stocks Moving Lower On Tuesday
Tuesday, December 13, 2022 - 2:21pm | 443U.S. stocks traded slightly higher, with the Nasdaq Composite gaining around 70 points on Tuesday. Here are some big stocks recording losses in today’s session. Vanda Pharmaceuticals Inc. (NASDAQ: VNDA) fell 23% to $8.31. The Lion Electric Company (NYSE: LEV) declined 14.5% to $2.2810. Lion...
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LL Flooring Slows Down Store Openings & Recommences Stock Buyback
Tuesday, December 13, 2022 - 8:50am | 212LL Flooring Holdings, Inc. (NYSE: LL) is planning to slow new store openings and recommence share repurchases in 2023 under its existing share repurchase program. The company recently opened two new stores in Bellingham, Washington, and Joplin, Missouri, bringing the total new store...
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5 On-The-Money Stock Picks For Last Week From Benzinga's Most Accurate Analysts: MongoDB, Lululemon Athletica And More
Monday, December 12, 2022 - 8:34am | 611Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused...
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CNN Fear & Greed Index In 'Neutral' Zone After Dow Tumbles 300 Points
Monday, December 12, 2022 - 4:06am | 349The CNN Money Fear and Greed index moved to the "Neutral" zone after the Dow Jones dropped more than 300 points on Friday. US stocks notched losses last week, with the Dow dropping 2.77% to record its worst week since September. The S&P also dipped around 3.3%, while the Nasdaq lost...