Stocks to sell

U.S. equities are volatile and bouncing around the unchanged line on Friday as President Trump talks up the chances of a possible trade deal with China. Something Beijing has in turn talked down. Also weighing on sentiment was disappointment with the quarterly results out of Apple (NASDAQ:AAPL) amid a realization that higher average selling prices
0 Comments
While the technology sector suffered a brutal whiplashing last month, Apple (NASDAQ:AAPL) surprisingly held the fort. In October, AAPL lost a relatively modest 4%. Contrast that to competitors Microsoft (NASDAQ:MSFT) and Amazon (NASDAQ:AMZN), which shed 7% and 21%, respectively. Looking back, it’s easy to see why Apple stock has managed to retain investor sentiment throughout
0 Comments
Back in late 2015, Netflix (NASDAQ:NFLX) CEO Reed Hastings told owners of Netflix stock that the company would more or less break even in 2016, but added that it would generate “material profits thereafter.” What that meant isn’t exactly clear. The company was already reporting operating profits at the time, and its net income, based on
0 Comments
Usually, a top-and-bottom earnings beat leads to investor celebration. But when you’re heading Snap (NYSE:SNAP), nothing comes easy. Despite exceeding Wall Street’s profitability and growth expectations for the third quarter, SNAP stock dropped double digits in the markets. Is this a case where the technical indicators misalign with positive fundamentals? No. Rest assured that the
0 Comments
U.S. equities remained volatile on Tuesday, with the Nasdaq Composite struggling to stay in positive territory, as investors remained shell shocked and nervous amid various cross currents. From higher interest rates, to worries about the sustainability of 20%+ earnings growth and, of course, the specter of ongoing policy tightening from the Federal Reserve. Amid all
0 Comments
Fitbit (NYSE:FIT) reports earnings after the bell tomorrow. The provider of health and fitness monitoring devices has seen its stock hammered amid competition from smartwatches made by Apple (NASDAQ:AAPL) and Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG). Now, as the company reports its third-quarter earnings, investors will probably focus on signs that Fitbit stock can maintain its competitive moat.
0 Comments