Streaming giant Netflix (NASDAQ:NFLX) reported fourth-quarter earnings on Thursday, Jan. 17, which were largely better than expected. Although revenues missed, the company beat everywhere else it mattered. Earnings topped expectations. Subscriber growth came in ahead of expectations. The guide was pretty strong. Overall, the report was rock solid, yet Netflix stock dropped 4% following earnings.
The market is off to its best start since 1987. That seems a double-edged sword, given what happened to the market that October. But aside from that swoon, it was a good year. However, this isn’t 1987. The massive selloff we saw begin just before Q4 in select sectors spread through the broad market. And
Diving into a discussion about the U.S.-China trade war is a tough business, so allow me this caveat: anything can happen, especially with our current administration. Nevertheless, those who are seeking to capitalize on the best stocks to invest in may be onto something. First, the obvious statement: neither side wants to budge an inch.
As the U.S. markets further stabilize, I consider three telecom stocks in particular to be good stocks to buy for a diversified portfolio: Vodafone (NASDAQ:VOD), Verizon (NYSE:VZ) and AT&T (NYSE:T). While analysts debate what is next for telecom stocks and whether a global recession is around the corner, I am in the cautiously optimistic bull camp for the coming months.
The reality of markets is that risk and reward are tied together. In most cases, the bigger the risk, the bigger the reward, and vice versa. That is simply a byproduct of a financial system based on buyers and sellers. As such, if you’re looking for stocks that will make the biggest gains in 2019,
China has offered to make up the trade imbalance with the United States, telling U.S. trade negotiators that China will ramp its purchases of U.S. goods, Bloomberg News reported on Friday, citing officials familiar with the talks. Chinese officials made the offer during negotiations in Beijing earlier in January, the report said. This story is
Tesla – Tesla is cutting its full-time workforce by 7 percent to lower costs, according to an employee memo. In the memo, CEO Elon Musk said the cuts are needed along with manufacturing design improvements to achieve economies of scale and to maintain a viable company. (Read the full text of Musk’s email to Tesla
The best business isn’t always the best stock. And even Wells Fargo (NYSE:WFC) bulls would admit that WFC isn’t the best business among big banks. The company is still dealing with the aftereffects of a series of scandals that have led Wells Fargo stock to underperform the sector. But that’s not necessarily a bad thing. Stocks
Last year was definitely rough for Exxon Mobil (NYSE:XOM), with the shares down about 24% from the high Exxon stock was the sixth worst performer in the Dow. But the drop in XOM was more than just about the market swoon. The oil industry has had to deal with some tough headwinds, such as the volatility
Despite a severe industry slump, Realty Income (NYSE:O) continues to thrive. The San Diego-based real estate investment trust (REIT) just declared its 583rd monthly dividend amid ongoing revenue and profit growth. O stock certainly has stood out. Many of its peers such as Kimco Realty (NYSE:KIM) and Simon Property Group (NYSE:SPG) have struggled in recent years.
After a terribly difficult year for stocks, 2019 started on a better note. Sellers are no longer in control and the S&P 500 is up 5% this year and up 10% off the Christmas lows. Although, the sellers are doing a decent job this morning on American Express (NYSE:AXP) stock, down 2.5%. But therein lies
Shopify Inc (NYSE:SHOP) is a cloud-based commerce platform that focuses on small- and medium-sized businesses. If you consider that according to data compiled by the U.S. Census Bureau, that businesses in the U.S. that employed less than 500 workers accounted for 99.7% of all businesses, you would have a pretty good idea of the market
Cara Therapeutics (NASDAQ: CARA) continues its study on KORSUVA (difelikefalin), used for dialysis-dependent CKD patients with pruritus. Even though the primary completion date is in March, Cara stock will probably not move until afterward, if at all. Still, an improving score on the itching intensity scale could only help the stock. But first, all eyes
The campaign of gravity defiance continues this morning with U.S. stock futures solidly in the green. Part of the optimism is being driven by good news on the trade war front. Yesterday the Wall Street Journal reported that the Donald Trump administration could be cutting trade tariffs imposed on China. Against this backdrop, futures on
The Russell 2000 is having its best start to the year since 1987. The index of small-cap stocks has gained more than 8 percent year to date — a far cry from its 2018 performance, when the index saw its worst annual loss since the financial crisis. But the recent strength may just be a
Home Depot (NYSE: HD) is the largest home improvement retailer in North America. And it’s likely to stay that way for a long time. Since 1978, the HD model has moved across North America and now represents over 2,200 stores across the continent. With nearly 35,000 products available in stores and 1 million online, it certainly
The “multiplier effect” of the ongoing government shutdown is not to be discounted, CNBC’s Jim Cramer argued Thursday as stocks rose on reports that U.S.-China trade tensions could ease amid negotiations. With 800,000 federal workers missing their paychecks, “you’ve got an uninsured hurricane going on and we don’t know when it will end or how
Fiat Chrysler Automobiles NV: “That was a CEO situation. It had a great CEO, and after [his death], we just can’t go there. Let it rally a little and then run. I’m sorry. I mean, it was just such a well-run company, but I’m not endorsing it anymore.” Brink’s Co.: “I think this Brink’s went
The stock market’s positive response to a report that U.S. officials were considering lifting tariffs on China to get a trade deal was telling, but it wasn’t necessarily good, CNBC’s Jim Cramer said Thursday. “Stocks that had been crushed on Chinese worries roared higher like this arrangement was already a done deal” despite the report
Check out the companies making headlines after the bell: Shares of Netflix fell as much as 5 percent in after hours trading based on their mixed earnings released Thursday. Fourth-quarter earnings were 30 cents per share which beat analyst’s estimates by 6 cents. Quarterly revenue missed at $4.19 billion vs. the $4.21 billion estimated by