In this part of our focus on the top 18 cheap S&P 500 stocks, we’ll discuss another six stocks: General Motors (GM), Ford Motor (F), Owens-Illinois (OI), The Goodyear Tire & Rubber Company (GT), Navient (NAVI), and Brighthouse Financial (BHF).
On September 11, Deutsche Bank raised the target price for Gap stock to $26 from $24. On September 12, Jefferies raised the target price to $39 from $35.
On November 22, 2016, Berenberg initiated the coverage of Goodyear Tire & Rubber (GT) with a “buy” rating and also set the stock’s price target at $36.00 per share.
Price movement Goodyear Tire & Rubber (GT) has a market cap of $7.5 billion. It fell 9.0% to close at $28.29 per share on October 28, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -10.5%, -10.8%, and -12.8%, respectively, on the same day. GT is trading 11.3% below its 20-day moving […]
CTB rose by 0.93% to close at $34.16 per share during the fifth week of August, with weekly, monthly, and YTD price movements of 0.93%, -0.53%, and -8.9%.
Investor flows into high yield bond funds were negative last week for the second consecutive week. Net outflows from high yield bond funds totaled $1.9 billion.
High yield bond issuance activity gained traction last week on improved Market sentiment. The total US dollar-denominated issuance of high yield debt is $60.8 billion in 2016 YTD.
Moody’s Investors Service has upgraded Cooper Tire & Rubber Company’s Corporate Family and Probability of Default ratings from B1 and B1-PD to Ba3 and Ba3-PD, respectively.
Based on the credit rating of holdings and N-Q filings, MHITX isn’t under any substantial threat. However, a grim outlook on these bonds will hurt the fund.
In technical analysis, there’s a series of common terms. Understanding the glossary of technical analysis terms is helpful for investors. Technical analysis is used to predict stock prices. It uses price, time, and volume data.
In the last part of this series, we provided an overview of the Elliott Wave Theory. In this part of the series, we’ll discuss the psychology behind the Elliott Wave Theory’s two phases.
Bollinger Bands are combination of a stock’s moving averages. When a stock’s volatility increases, the moving average channel expands. When volatility decreases, the channel tightens.
In technical analysis, volume measures the number of a stock’s shares that are traded on a stock exchange in a day or a period of time. Volume is important because it confirms trend directions.
