Seeking catalyst driven opportunity
Wall Street has started off November in a better mood after a couple of October “spooks” they got yesterday. Yesterday, the S&P 500 went up 0.4%, the Dow rose 0.7% and the NASDAQ gapped up 0.8%. The main culprit was the earnings results from a …
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock’s price. Do they really matter, though? Before we …
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to …
Laser Photonics Corporation LASE (LPC), a leading global developer of laser systems for cleaning and other material processing applications, announced today that it has appointed John T. Armstrong as its new Executive Vice President. Prior to joining Laser Photonics, Armstrong served as a Vice President …
Earlier this year, several prominent companies announced stock splits this year, including Nvidia (NVDA), Chipotle Mexican Grill (CMG), Broadcom (AVGO), and MicroStrategy (MSTR). Cloud company Arista Networks (ANET) just announced its own earlier this month. As 2025 looms, there are a bunch of candidates out there to speculate on …
Tech stocks have dominated the stock market over the last decade and are poised to do so for another decade. The emergence of generative artificial intelligence has opened a new frontier in technology, and cloud infrastructure companies are ramping up spending in the process. One …
TripAdvisor TRIP reported third-quarter 2024 non-GAAP earnings of 50 cents per share, which declined 4% from the prior-year quarter. The figure beat the Zacks Consensus Estimate by 13.64%. Revenues of $532 million remained flat year over year. The figure beat the Zacks Consensus Estimate of …
S&P500 quiet correction The US hovered close to 6000, a new psychologically important level. In the second half of the week, the market’s momentum needed to be clearer. This was due to both fatigue from the 5% rally from the lows of the 4th and …
Shares of BK Technologies Corporation BKTI have gained 19% since the company reported its earnings for the quarter ended Sept. 30, 2024. This contrasts with the S&P 500 index’s -0.7% change over the same time frame. Over the past month, the stock gained 15.5% compared …
As the electric vehicle landscape charges forward, Tesla Inc TSLA and Rivian Automotive Inc RIVN stand as two of the most-watched U.S. players in the industry. But while Tesla has a strong profit engine driving its future, Rivian has been burning cash, relying on partners …