Stock Analysts

Carpenter Technology (CRS) to Invest $100M in Reading Mill

Carpenter Technology Corporation CRS will invest $100 million in soft magnetics capabilities and a new, precision strip hot rolling mill in its Reading, PA facility. This move will help meet increasing demand of aerospace, consumer electronics and electric vehicle manufacturing customers. Carpenter Technology’s soft magnetic technology has enabled it to develop a strong growth platform in the Aerospace and Defense end-use market. […]

Economic Data

Book Closes on 2017 GDP: Q4 2.9%

Wednesday, March 28, 2018 Today saw the second revision (third take) on Q4 Gross Domestic Product (GDP), among the most important metrics to follow regarding economic growth. Expectations for Q4 were to have seen a 20 basis-point rise from the previous read’s 2.5%, but the results were even stronger: 2.9% for Q4 GDP, very nearly marking the third straight quarter of 3% growth. Overall, Q4 slowed down a bit from Q3: in terms of real Gross Domestic Income (GDI), a gauge of wage growth in relation to overall economic growth, we saw a Q4 rise of 0.9% as compared to the previous quarter’s +2.4%. […]

Economic Data

What To Expect From Q1 GDP?

Today saw the second revision (third take) on Q4 Gross Domestic Product (GDP), among the most important metrics to follow regarding economic growth. Expectations for Q4 were to have seen a 20 basis-point rise from the previous read’s 2.5%, but the results were even stronger: 2.9% for Q4 GDP, very nearly marking the third straight quarter of 3% growth. Overall, Q4 slowed down a bit from Q3: in terms of real Gross Domestic Income (GDI), a gauge of wage growth in relation to overall economic growth, we saw a Q4 rise of 0.9% as compared to the previous quarter’s +2.4%. […]

Technicals

Smith & Nephew (SNN): Moving Average Crossover Alert

Smith & Nephew plc SNN is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for SNN broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend. This has already started to take place, as the stock has moved higher by 5.5% in the past four weeks […]

Technicals

Moving Average Crossover Alert: Clarus (CLAR)

Clarus Corporation CLAR could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for CLAR broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness. This has already started to take place, as the stock has moved lower by 5.1% in the past four weeks […]

Technicals

Moving Average Crossover Alert: Western Digital (WDC)

Western Digital Corporation WDC is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for WDC broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend. This has already started to take place, as the stock has moved higher by 5.7% in the past four weeks […]

Stock Analysts

Here’s Why Allegion (ALLE) is a Solid Investment Choice

Shares of Allegion plc ALLE have rallied 11.4% in the past year, against the industry ’s decline of 30.3%. Moreover, its earnings estimates for 2017 and 2018 have moved up 7.1% and 9.5%, respectively, over the last 60 days, which reflects analysts’ optimism. The company’s Zacks Rank #1 (Strong Buy) indicates robust fundamentals and expectations of outperformance in the near term. […]

Stock Analysts

Merck KGaA’s Tepotinib Gets Fast Track Designation in Japan

Merck KGaA MKGAF announced that the Japanese Ministry of Health, Labour and Welfare (MHLW) has granted SAKIGAKE 'fast-track' designation to its pipeline candidate, tepotinib. The company is developing the candidate for the treatment of advanced non-small cell lung cancer (“NSCLC”). The SAKIGAKE designation is granted to expedite a candidate’s development and review in Japan and focuses on new or unmet areas and regenerative medicines […]

Stock Analysts

Apple Rides on Wearables, Rumored to Launch Watch Series 4

Apple AAPL will reportedly launch Watch Series 4 in the third quarter of 2018, per KGI analyst Ming-Chi Kuo, as reported by 9to5Mac. The new generation of the Apple Watch is speculated to have a 15% larger display, trendy design, enhanced sensors for health monitoring beyond heart rate and longer battery life. […]

Stock Analysts

Twitter Sinks as Citron Short Positions Flaring Up Distrust

Twitter TWTR shares fell 12% to close at $28.07 on Mar 27, after Citron Research announced that it’s taking a short position on the stock. Per Bloomberg, Citron believes that increasing contribution from data licensing business makes Twitter vulnerable to any “potential privacy regulation” following social media giant Facebook’s FB data leak debacle. […]

Stock Analysts

Should Value Investors Pick Gentherm (THRM) Stock?

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process […]

Stock Analysts

Is GKN (GKNLY) a Great Stock for Value Investors?

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. […]