Technicals

CenterPoint Energy (CNP) is a Great Momentum Stock: Should You Buy?

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

Meritage Homes (MTH) Is Up 2.09% in One Week: What You Should Know

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

Are You Looking for a Top Momentum Pick? Why Oneok Inc. (OKE) 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. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades […]

Stock Analysts

5 Top Domestic Stocks to Buy Amid Trade Jitters & Weak Data

Wall Street has been facing volatility in the second half of September owing to several economic and political factors. Uncertainty over the U.S.-China trade deal, global economic slowdown, the initiation of an impeachment proceeding against President Donald Trump and some recently released weak economic data are near-term concerns. At this juncture, investors are concerned that intensifying trade conflict will hurt sales of U.S. […]

Stock Analysts

Medtronic (MDT) Gets FDA Nod to Study Intrepid TMVR System

Medtronic plc MDT received FDA permission to initiate an early feasibility study (EFS) for its Intrepid transcatheter mitral valve replacement (TMVR) system, which uses a minimally-invasive transfemoral access approach. The regulatory nod comes following the company achieving favorable primary endpoint outcomes of the Intrepid TMVR pilot study, using the transapical approach. This is the first-ever trial to receive the FDA’s approval to assess the safety and proficiency of a TMVR system. […]

Stock Analysts

Can Zero-Inventory Stores Prevent Brick-and-Mortar Closures?

In the last decade, online shopping has soared to great heights with customers increasingly facing time crunch. Rise in e-commerce, on the other hand, led many brick-and-mortar retailers to bankruptcy and resulted in closure of stores globally as foot traffic decreased drastically leaving storekeepers worried. The latest concept of zero-inventory showrooms, however, appears to benefit traditional retailers as of now […]

Stock Analysts

American Water’s (AWK) Unit Wins Another Contract From DOD

American Water Works AWK announced that its unit, Military Services Group has been awarded a contract for operation and maintenance of water and wastewater systems at Joint Base San Antonio (“JBSA”) in Texas. The duration of the contract, which is valued at $448 million and subject to an annual economic price adjustment, is 50 years. […]

Economic Data

Quiet Before the New Quarter Storm

Monday, September 30, 2019 We have a busy week of economic data on deck for this week, although this Monday ahead of the bell we are bone dry. It’s the last day of calendar Q3, and as such we’ve still got a couple weeks before we can expect the spigot to open for a new earnings season. After today’s opening bell, the relatively minor Chicago PMI read will report for September; for August, the report was slightly positive with a headline of 50.4 […]

Economic Data

Wall Street Waits for Key Economic Data This Week

We have a busy week of economic data on deck for this week, although this Monday ahead of the bell we are bone dry. It’s the last day of calendar Q3, and as such we’ve still got a couple weeks before we can expect the spigot to open for a new earnings season. After today’s opening bell, the relatively minor Chicago PMI read will report for September; for August, the report was slightly positive with a headline of 50.4. […]

Technicals

Falling Earnings Estimates Signal Weakness Ahead for Ferroglobe (GSM)

Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One such stock that you may want to consider dropping is Ferroglobe PLC GSM , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year […]

Technicals

What Makes Ametek (AME) a New Buy Stock

Ametek (AME) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company’s changing earnings picture […]