Economic Data

Durable Goods, Consumer Spending & More Early Data

Friday, September 27, 2019 A bevy of new economic data has hit the tape ahead of Friday’s opening bell, with a little bit of everything for everyone: Durable Goods were up, although Business Investment was down. Consumer Spending was positive but weaker than we’ve seen, while Core Inflation is flat. Here are the details: August Durable Goods Orders brought a headline of +0.2%, better than the -0.1% expected but notably lower than the +2.1% reported in July. […]

Technicals

Are Investors Undervaluing CVS Health (CVS) Right Now?

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Looking at the history of these trends, perhaps none is more beloved than value investing. […]

Technicals

Are You Looking for a High-Growth Dividend Stock? CyrusOne (CONE) Could Be a Great Choice

Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor’s dream. However, when you’re an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. […]

Technicals

Calithera Biosciences Enters Oversold Territory

Calithera Biosciences, Inc. CALA has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at CALA given that, according to its RSI reading of 28.37, it is now in oversold territory […]

Technicals

Osisko Gold Royalties Enters Oversold Territory

Osisko Gold Royalties Ltd OR has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at OR given that, according to its RSI reading of 28.73, it is now in oversold territory. What is RSI? […]

Stock Analysts

North Dakota Crude Production Reaches Another Milestone

Per North Dakota’s oil regulator, the state’s daily crude output rose 1.2% to a fresh monthly record in July, edging past the record set in June. Records Galore in July The North Dakota Department of Mineral Resources’ (‘DMR’) latest data said that oil production in July averaged a record 1,442,459 barrels a day, up 17,229 barrels a day from June. […]

Stock Analysts

Can Value Investors Consider CenturyLink (CTL) a Good 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 […]

Technicals

Why NuStar (NS) Stock Might be a Great Pick

One stock that might be an intriguing choice for investors right now is NuStar Energy L.P. NS . This is because this security in the Oil and Gas – Production Pipeline – MLB space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective […]