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Yahoo Finance 21 July, 2021 - 09:00am 10 views

What is Nvidia stock split?

Nvidia (NASDAQ: NVDA) will be executing a 4-to-1 stock split, and shares are expected to start trading on a split-adjusted basis on July 20. ... The price-to-earnings ratio was 89, based on a $751 share price. NasdaqIs Nvidia Stock a Buy Now After the 4-to-1 Stock Split?

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Is TrueBlue, Inc. (NYSE:TBI) Potentially Undervalued?

Yahoo Finance 21 July, 2021 - 11:10am

According to my price multiple model, where I compare the company's price-to-earnings ratio to the industry average, the stock currently looks expensive. In this instance, I’ve used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock’s cash flows. I find that TrueBlue’s ratio of 57.2x is above its peer average of 28.33x, which suggests the stock is trading at a higher price compared to the Professional Services industry. But, is there another opportunity to buy low in the future? Since TrueBlue’s share price is quite volatile, this could mean it can sink lower (or rise even further) in the future, giving us another chance to invest. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market.

Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to more than double in the upcoming, the future appears to be extremely bright for TrueBlue. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.

Are you a shareholder? TBI’s optimistic future growth appears to have been factored into the current share price, with shares trading above industry price multiples. However, this brings up another question – is now the right time to sell? If you believe TBI should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed.

Are you a potential investor? If you’ve been keeping an eye on TBI for a while, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the optimistic prospect is encouraging for TBI, which means it’s worth diving deeper into other factors in order to take advantage of the next price drop.

So while earnings quality is important, it's equally important to consider the risks facing TrueBlue at this point in time. At Simply Wall St, we found 1 warning sign for TrueBlue and we think they deserve your attention.

If you are no longer interested in TrueBlue, you can use our free platform to see our list of over 50 other stocks with a high growth potential.

Let's talk about the popular Trip.com Group Limited ( NASDAQ:TCOM ). The company's shares saw significant share price...

In this article, we will discuss the 10 best stocks to buy according to billionaire Steve Cohen. If you want to skip our detailed analysis of Cohen’s history, investment philosophy, and hedge fund performance, go directly to the 5 Best Stocks to Buy According to Billionaire Steve Cohen. Steven A. Cohen, born on June 11, […]

Chinese electric vehicle (EV) maker NIO (NYSE: NIO) has a market cap of more than $70 billion, so a small percentage move in the stock isn't overly impactful. The initial drop might have been in response to news that the company's vice president for software product management was leaving to work for General Motors (NYSE: GM). Rachad Youssef has become chief product officer for GM's BrightDrop EV subsidiary, effective immediately.

Wall Street’s analysts know that buying low is part of a winning stock strategy, and they’ve been looking for stocks that are low – undervalued, and possibly hitting bottom. It’s the first step in an old formula for success, with the next, of course, being to sell high. Some recent picks from the analyst corps, pulled up via the TipRanks platform, may raise eyebrows. These are stocks new to the public trading markets, but they already have two attributes that may endear them to risk-tolerant inv

Is AMC Entertainment Holdings Inc (NYSE:AMC) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise […]

Here's another cold, hard truth that many proponents of penny stocks don't tell you: Many low-priced shares stay low for a very long time.

Shares of intimate apparel retailer Naked Brand Group (NASDAQ: NAKD) were up as much as 20% on Tuesday with traders from Reddit and Twitter piling into the stock. Naked Brand Group was one of the meme stocks that soared back in January along with the mania in GameStop stock. The current share price is $0.58, making it a penny stock.

In this article, we discuss the 10 best growth stocks under $10. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Growth Stocks Under $10. In an era of soaring market valuations, cheap growth stocks offer investors of all types a chance to make handsome returns in […]

Delta Air Lines and other airline stocks have rebounded with travel as the coronavirus pandemic starts to wane, but the rebound is likely to be uneven.

In this article, we discuss the 10 growth stocks Reddit’s WallStreetBets is buying. If you want to skip our detailed analysis of these stocks, go directly to the 5 Growth Stocks Reddit’s WallStreetBets Is Buying. Inflation fears and a dramatic drop in the prices of cryptocurrencies over the past few weeks have hit growth stocks. […]

GameStop and AMC both reached their highest close since July 9 but short sellers had losses along the way.

Shares in AMC Entertainment closed up 24.5% on Tuesday after a late session volume spike boosted the cinema operator which has been a big focus on social media. AMC shares ended the session at $43.09 after rising as high as $44.39. While the volatile stock was up sharply throughout the trading day it picked up more steam during the last hour of trading when it surpassed $40 for the first time since July 13.

After a month of solid gains, that saw the Dow, the S&P 500, and the NASDAQ all hit new record highs, markets have turned down slightly. This short run of losses fits with the general pattern of trading in the past six months: strong gains, a brief pullback that does not completely erase them, followed by another round of gains. Rinse and repeat. It’s a market environment made for a long-term investors. Brief turn-downs are nothing to fear, but they do put added risk on day trading. But the long

Moderna stock hit a series of record highs in July on several pieces of bullish vaccine news and as it heads to the S&P 500. Is Moderna stock a buy?

Alcoa (NYSE: AA) shares shot through the roof on Tuesday, jumping as high as 10.7% as of 2:40 p.m. EDT. With yet another analyst joining the bandwagon who believes Alcoa shares have significant upside ahead, more and more investors are betting on the stock. Morgan Stanley turned bullish about the metals and mining sector in June and singled out Alcoa as a top pick.

Shares of SolarWinds (NYSE: SWI) are down more than 41% as of 11:10 a.m. EDT, according to data from S&P Global Market Intelligence. This was just days before it was revealed by security firm FireEye (NASDAQ: FEYE) that a breach on its systems was exploited through SolarWinds IT monitoring and management software Orion -- which FireEye and a slew of other tech companies and government agencies use, and through which Russian hackers had infiltrated their systems. It's been tough going for SolarWinds ever since.

Tesla's Semi truck is said to finally be going into production as GM confirms third electric pickup truck.

After virtually a month of steady declines in the stock, AMC's business is getting some good news today.

Altice's adtech firm Teads targets $5 bln valuation in U.S. IPO

Reuters 21 July, 2021 - 05:17am

The company's existing shareholders plan to sell 38.5 million shares in the IPO, at a price range of $18 to $21 each, after which Altice would hold majority voting rights.

Founded in 2011, Teads provides automated buying and selling of online advertising space, a technology that is fast gaining popularity, to clients including Adidas, Danone SA, Vice Media and BBC Global News.

The company, whose platform reaches 1.9 billion users globally, was acquired by Altice in 2017 in an all-cash deal that valued Teads at around 285 million euros ($337.35 million).

Other adtech companies that made their market debuts in recent months include Integral Ad Science Holding Corp (IAS.O) and Viant Technology Inc (DSP.O).

Teads earned a profit of $111.5 million on revenue of $540.3 million in the year ended Dec. 31, 2020, its filing showed. The company said its revenue grew 6% annually despite the negative impact of COVID-19 in the first half of last year.

Goldman Sachs, Morgan Stanley and JP Morgan are the lead underwriters for the offering. Teads said it would be listed under the symbol "TEAD".

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'Supply and demand dynamics developing on an almost day-to-day basis': Analyst on oil volatility

Yahoo Finance 20 July, 2021 - 12:20pm

ZACK GUZMAN: I want to turn our attention to one other sector of the market that traded lower yesterday, in the green today, that would be the oil market there. As you see WTI just below $67 a barrel, retreating again though, still at two-month lows there. And for more on where we can go from here in the wake of the shakeout we saw in the OPEC Plus negotiations.

I want to bring on Bob Iaccino, Path Trading Partners co-founder and chief market strategist joins us now. And Bob, I mean, when we look at it, I mean, we knew that UAE officials there were really pushing to delay or push for more of the supply coming back here. I mean, how is it all shaking out to you if we were seeing some of the jitters around the Delta variant, what that could do to growth. If you do have more oil coming on the market now, how do you break it all down?

BOB IACCINO: Well, I look at it basically like this, you're looking at supply and demand dynamics developing on an almost day-to-day basis. The disruption or discord I should say between the UAE and Saudi Arabia was likely to get resolved but the market had to trade it as if it wasn't. And that's what caused us to break out of the range that we had been in for most of March, April, and May.

And what we did yesterday when that discord was resolved was trade back down to the top of that range. And that's what crude oil does, crude oil has a characteristic, it trades in a channel which represents sort of the best you can expect for supply and demand balance or dynamics, and then it breaks out of those channels and either resets a new channel or goes into a trend as we reprice to newer more dramatic dynamics.

And that hasn't happened, what's happened is we broke out to a higher demand and a slightly higher supply dynamic or range I should say. So we're looking at this range being from about 65 to 76, wide range but that's what crude oil does. And you mentioned the Delta variant and that's been my biggest concern over the last three or four weeks as to how that plays out with reference to the short-term demand. You always get these overreaches on the potential demand or the potential lack of supply or the potential excess supply. We've now repriced until we find out whether the Delta variant is actually going to affect the demand we've seen or not. Right now it's just the potential for lower demand.

AKIKO FUJITA: Yeah, but we saw those jitters really materialize yesterday. And to your point, Bob, it really does seem like the question right now is, is the Delta variant going to force a return to what we saw last year at the height of the pandemic and the restrictions there? When you look at it from those dynamics, what does it mean in terms of where oil is likely to move? It sounds like you think it's sort of just a short-term concern if things stay the way that they are right now?

BOB IACCINO: Well, I think you saw an ill-timed decision between Saudi Arabia and the UAE, not necessarily their fault but this should have been resolved at the meeting about two-and-a-half, three weeks ago, rather than three weeks later when the Delta variant became the number one headline, referencing COVID and referencing potentially more lockdowns. I don't expect to see a return to what we saw last year because what tends to happen in these situations, not just with crude oil but with stocks as well, is that you see these reactions becoming smaller and smaller and less and less pronounced.

We had the big drop during the COVID shutdowns, which was justified, and then we had a big rally back. Again, not just in crude oil, but in equities as well. I suspect this is the same thing, that we'll get a repricing which is what happened yesterday, the timing of excess supply with the news stories about potentially decreased demand.

We've seen refinery utilization above 90 for six consecutive weeks. That represents demand on the ground, how much refined product is being pushed out there, how much are refineries being stressed to their limits, which is a lot higher than where they're at now. So that's going to be the lead indicator to me. Watch refinery utilization, if it drops back below 90, then the perception of shrinking demand is real rather than just being the potential of it and getting active investors and traders to cover and push these stocks down.

ZACK GUZMAN: Yeah, overall looking around a 2 million barrel per day increase from August to December 2021 that came out of this. But when we think about the global recovery around Delta, I mean, we keep hearing it from doctors saying that maybe here in the US given our vaccination status, maybe not all that worrisome when you think about cases versus hospitalizations and deaths. But elsewhere around the globe, there are some serious concerns. So when you look at the demand side of the equation, maybe less worry about the US but what other markets there are you watching as maybe swing factors that could dislocate that equilibrium you're talking about between supply and demand?

BOB IACCINO: Well, one in terms of real demand and one in terms of sort of representative of global demand, that would be China as the real demand, how bad is it getting there and how much is their demand going to drop. We saw a miss on Chinese GDP, people are expecting the People's Bank of China to step in. But the People's Bank of China can't eliminate Delta variant increases and cases.

The representative one for the globe would be the UK to me, simply because they're the next step in reducing lockdowns and going back to pre-pandemic type of society, which the US leads in. If they turn around and go back then I'd be concerned about the rest of the world coming out of it. As you mentioned, I don't like to comment on the medical part of it, I just look toward the perception of lower demand and actual lower demand. Right now we have the perception and I'm kind of watching if it's going to be a very real thing or not.

ZACK GUZMAN: Yeah, hit it market-wide but really clear in the oil patch right now, at least in terms of the prices we're seeing play out. But Bob Iaccino, Path Trading Partners co-founder, chief market strategist, appreciate you taking the time here to chat with us.

Warren Buffett likes good, cheap stocks, and two that certainly fit that mold are Bristol-Myers Squibb (NYSE: BMY) and Kraft Heinz (NASDAQ: KHC). Bristol-Myers stock has increased by a mild 14% over the past year. It hasn't been attracting the interest of retail investors, as they have instead gravitated toward stocks that have been doing well amid the pandemic, even high-risk meme stocks.

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Mining giant BHP is mulling an exit from the multibillion dollar oil-and-gas business before a sale gets more difficult.

Americans are paying an average of 98 cents more per gallon of gas than they were a year ago, according to AAA.

(Bloomberg) -- Oil climbed amid broader market gains and after a U.S. government report showed declining fuel and distillate stockpiles during the high-demand summer driving season.Futures rose as much as 4.5% in New York on Wednesday with U.S. equities advancing on better-than-expected corporate growth during earnings season. Domestic distillate supplies fell by the most since mid-May and gasoline stockpiles also dropped last week, according to an Energy Information Administration report.While

(Bloomberg) -- BHP Group is considering getting out of oil and gas in a multibillion-dollar exit that would accelerate its retreat from fossil fuels, according to people familiar with the matter.The world’s biggest miner is reviewing its petroleum business and considering options including a trade sale, said the people, who asked not to be identified as the talks are private. The business, which is forecast to earn more than $2 billion this year, could be worth an estimated $15 billion or more,

Oil futures rise Wednesday, as a decline in crude stocks at the Cushing, Okla. storage hub provided support, outweighing any pressure from the first weekly U.S. crude inventory rise since mid-May.

Sunday saw OPEC+ finally agree to a production deal, plus increases in baselines for several countries, but concerns over the spread of the COVID delta variant cloud the demand outlook. Oil futures on Monday mark their biggest one-day decline in months.

Italian industrial production figures will be in focus later this morning. Weak numbers would fuel concerns over economic growth, which should support the Greenback.

Chinese electric vehicle (EV) maker NIO (NYSE: NIO) has a market cap of more than $70 billion, so a small percentage move in the stock isn't overly impactful. The initial drop might have been in response to news that the company's vice president for software product management was leaving to work for General Motors (NYSE: GM). Rachad Youssef has become chief product officer for GM's BrightDrop EV subsidiary, effective immediately.

Shares of the bed and sleep product maker reported earnings and, despite a brightened outlook, investors didn't like the news. Here's a look.

The well-known ETF money manager is making the most of the market correction in some of her more-dynamic growth stocks. Let's check out her shopping list.

Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts usually don’t make them change their opinion towards a company. This time it may be different. The coronavirus pandemic destroyed the high correlations among major industries and asset classes. We are […]

Aron has served as CEO, president and member of AMC's board since 2016, having led the company to become the largest cinema operator in the world and maintain its liquidity when the pandemic hammered its business. One of so-called 'meme stocks', AMC soared in a Reddit-driven retail short squeeze in the beginning of the year. The company's shares were down 2.8% in premarket trading on Wednesday.

Shares of Chembio Diagnostics Inc. rocketed 102% on heavy volume in premarket trading Wednesday, infectious diseases diagnostic company announced a $28.3 million purchase order its SARS-CoV-2 antigen tests from Brazil-based Bio-Manguinhos. Trading volume spiked to 22.3 million shares, compared with the full-day average of about 525,100 shares. The stock was the biggest gainer and most actively traded ahead of the open. Chembio's SARS-CoV-2 antigen test is designed to detect an active COVID-19 in

The company beat second-quarter earnings expectations, but motorcycle and related product sales were lower than anticipated.

In this article, we discuss the 10 best growth stocks under $10. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Growth Stocks Under $10. In an era of soaring market valuations, cheap growth stocks offer investors of all types a chance to make handsome returns in […]

Alcoa (NYSE: AA) shares shot through the roof on Tuesday, jumping as high as 10.7% as of 2:40 p.m. EDT. With yet another analyst joining the bandwagon who believes Alcoa shares have significant upside ahead, more and more investors are betting on the stock. Morgan Stanley turned bullish about the metals and mining sector in June and singled out Alcoa as a top pick.

In the second quarter, Wells Fargo reported its lowest quarterly expenses in more than a year, as well as an improved efficiency ratio.

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