Month: February 2019

CNBC’s Jim Cramer suggests that investors don’t underestimate the importance of a U.S.-China trade deal as negotiations pick back up in Washington, D.C. next week. President Donald Trump has signaled that he may hold off of hiking tariffs on Chinese imports as time inches closer to a March 1 agreement deadline. Stocks rallied, including many
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A lot of super-geniuses who loved Nvidia (NASDAQ:NVDA) at $280 per share seemed to hate Nvidia stock at its pre-earnings report price of $150 per share. That’s not the way this game is played … It is true that NVDA has had a rough time lately. The bitcoin boom became a bitcoin bust, crimping demand
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Check out the companies making headlines midday Friday: XPO Logistics – XPO stock tanked a whopping 17 percent after the transportation company reported disappointing fourth-quarter results. Its earnings came in eight cents shy of estimates with adjusted quarterly profit of 72 cents per share, and the company’s revenue also fell short of expectations. XPO also
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Stock market investors like to find high-growth stocks, especially when they can discover them at a low price-earnings (P/E) ratio. Many of these equities command high multiples, however, if they have earnings at all. Likewise, most stocks are rightfully valued at low P/E ratios because they exhibit low levels of growth. Most of the better-known,
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Coca-Cola (NYSE:KO) stock dropped sharply yesterday after the consumer-staples giant reported fourth-quarter numbers that were largely in-line with expectations. But KO also issued cautious guidance for fiscal 2019 which seemed to incorporate slowing global economic trends and persistent foreign-exchange headwinds, causing KO stock to decline from $50 to $45. KO stock was trading right near
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Check out the companies making headlines before the bell: PepsiCo – The beverage and snack giant reported adjusted quarterly profit of $1.49 per share, matching Street forecasts, while revenue beat estimates. However, PepsiCo also forecast an unexpected drop in full-year profit, due to a stronger dollar and increased investments. Deere – The heavy equipment maker
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I’ve been skeptical about Twitter (NYSE:TWTR) stock for some time now. Admittedly, even though TWTR stock has been range-bound since late July, I’ve been too skeptical towards it, as Twitter stock has rallied over the last two years, roughly doubling during that period. As I wrote in December, the gains of Twitter stock have been deserved, at
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Charlie Munger, Warren Buffett‘s right-hand man at Berkshire Hathaway, said that places like California and Connecticut have been very “stupid” for driving rich people away from their states. “It’s been serious. Driving the rich people out is pretty dumb if you’re a state or a city,” Munger told CNBC’s Becky Quick in an interview Thursday.
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