Technicals

What Makes Allstate (ALL) a Strong Momentum Stock: Buy Now?

Momentum investing revolves around the idea of following a stock’s recent trend in either direction. In the ‘long’ context, investors will be essentially be “buying high, but hoping to sell even higher.” With this methodology, taking advantage of trends in a stock’s price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades […]

Technicals

Brixmor Property (BRX) Is Up 1.23% in One Week: What You Should Know

Momentum investing revolves around the idea of following a stock’s recent trend in either direction. In the ‘long’ context, investors will be essentially be “buying high, but hoping to sell even higher.” With this methodology, taking advantage of trends in a stock’s price is key; once a stock establishes a course, it is more than likely to continue moving that way. […]

Technicals

Are You Looking for a Top Momentum Pick? Why American Electric Power (AEP) is a Great Choice

Momentum investing is all about the idea of following a stock’s recent trend, which can be in either direction. In the ‘long’ context, investors will essentially be “buying high, but hoping to sell even higher.” And for investors following this methodology, taking advantage of trends in a stock’s price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. […]

Technicals

Here’s Why Burlington Stores (BURL) is a Great Momentum Stock to Buy

Momentum investing is all about the idea of following a stock’s recent trend, which can be in either direction. In the ‘long’ context, investors will essentially be “buying high, but hoping to sell even higher.” And for investors following this methodology, taking advantage of trends in a stock’s price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. […]

Technicals

What Makes Amedisys (AMED) a Strong Momentum Stock: Buy Now?

Momentum investing revolves around the idea of following a stock’s recent trend in either direction. In the ‘long’ context, investors will be essentially be “buying high, but hoping to sell even higher.” With this methodology, taking advantage of trends in a stock’s price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades […]

Technicals

International Speedway (ISCA) Earnings Expected to Grow: Should You Buy?

Wall Street expects a year-over-year increase in earnings on higher revenues when International Speedway (ISCA) reports results for the quarter ended August 2019. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report might help the stock move higher if these key numbers are better than expectations […]

Technicals

Costco (COST) Earnings Expected to Grow: Should You Buy?

Wall Street expects a year-over-year increase in earnings on higher revenues when Costco (COST) reports results for the quarter ended August 2019. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 3. […]

Technicals

Earnings Preview: Constellation Brands (STZ) Q2 Earnings Expected to Decline

The market expects Constellation Brands (STZ) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended August 2019. This widely-known consensus outlook is important in assessing the company’s earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 3, 2019, might help the stock move higher if these key numbers are better than expectations. […]

Technicals

Earnings Preview: AngioDynamics (ANGO) Q1 Earnings Expected to Decline

Wall Street expects a year-over-year decline in earnings on lower revenues when AngioDynamics (ANGO) reports results for the quarter ended August 2019. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 3. […]

Stock Analysts

Telecom Stock Roundup: BlackBerry Q2 Loss Wider, Ericsson’s Smart Factory & More

In the past five trading days, telecom stocks witnessed a healthy uptrend on renewed optimism of a trade deal between the United States and China as both sides agreed to ease the bilateral tensions and pave the way for an early settlement of trade disputes. The on-again, off-again negotiations are likely to get a boost when high-level officials meet in October for a mutually agreeable solution. […]

Stock Analysts

Broadcom (AVGO) Prices and Upsizes Convertible Notes Offering

Broadcom AVGO has priced an upsized offering of $3.25 billion of shares of “Mandatory Convertible Preferred Stock.” The principal amount of the notes will carry an interest rate of 8% and has been upsized from $3 billion. Notably, the stocks will be convertible at a conversion rate of 3,250,000 shares of the company’s Series A “Mandatory Convertible Preferred Stock” per $1,000 principal amount of Notes. […]

Stock Analysts

Fortinet Secure SD-WAN to Protect IndiGo’s Branch Network

Fortinet FTNT recently announced that Indian airline IndiGo has adopted the Fortinet Secure SD-WAN solution to secure its WAN edge across its branch offices in order to bolster security and connectivity across its branches. Increasing number of passengers, poor MPLS (multi-protocol label switching) network and Internet quality delayed the process of tracking bookings, hampered customer service, etc, in turn, adversely impacting Indigo’s business. The adoption of Fortinet’s hybrid WAN support integrated with security capabilities will help IndiGo improve link quality connecting 2000 users in 54 branches with the lowest latency […]

Economic Data

Q2 GDP 2.0% (Final), Wall Street Has One Eye on DC

Thursday, September 26, 2019 The third and final read on Q2 Gross Domestic Product (GDP) has come out this morning, with no change on the headline: 2.0%. Estimates had been for a tick higher, but 2.0% it is. Forward estimates for Q3, ending the last day of September, are for between 2.0% and 2.6%. […]