Standard & Poor's 500 Index
Could Gold Catch a Bid if Equities Stay Weak in 2018?
What the markets have long been fearing has finally come true, at least in part. The S&P 500 (SPY) (SPX) hit a record high on January 26, 2018. Since then, the index has fallen ~8% as of February 6, 2018.
NRG, Calpine, and Dynegy extend losses for second week in a row
Dynegy Inc. (DYN), NRG Energy Inc. (NRG), and Calpine Corporation (CPN) were among the top four losers in the utility sector for the second successive week.
Understanding Investors’ Response towards Apple’s Bond Sale
Apple continues its bond sale trend in 2017 Earlier in this series, we discussed how IBM had continued its trend of share buybacks, and how the IT (Information Technology) sector continued to be the top spender among industries. In early February 2017, Apple (APPL) raised $10 billion in debt. The Financial Times, citing Dealogic estimates, stated […]
Will 2018 Be a Good Year for Shake Shack?
Since the beginning of 2018, Shake Shack stock has fallen 4.9%.
How Much Upside Is Left in Chipotle’s Stock Price?
In the first quarter, Chipotle Mexican Grill (CMG) posted adjusted EPS (earnings per share) of $2.13 on revenue of $1.2 billion.
Philip Morris Stock Falls on Weak 3Q17 Earnings
Philip Morris International (PM) announced its 3Q17 earnings on October 19. The company posted adjusted EPS (earnings per share) of $1.27 on revenues of $7.47 billion.
What Drove Whiting Petroleum Stock in 2017?
Whiting Petroleum (WLL) stock rose 5.3% in the week ending December 29 from the previous week. However, the stock fell ~47.6% by the end of 2017.
Why Carlyle’s 4Q16 Performance Nosedived
Carlyle Group posted economic net income of $0.02 in 4Q16 on February 8, which was lower than the analyst estimate of $0.41.
Must-know: Cabot Oil & Gas’ market performance
Despite COG’s recent negative stock market movement, the fact that it was able to hold its own and sustain significant levels of production should ensure that it maintains relatively high stock market returns.
Power utilities cheer investors with blockbuster returns in 2014
US power companies distribute a high percentage of their income to shareholders as dividends. Total returns are a better parameter to evaluate the sector’s performance.
Costco Tops Fiscal 1Q18 Estimates
Costco Wholesale (COST) reported stronger-than-expected fiscal 1Q18 results, surpassing analysts’ expectations for both sales and EPS (earnings per share).
Shake Shack Stock Rose on Increased Target Price by SunTrust
On January 3, 2017, Shake Shack was trading at $16.70, which represents an increase of 7.8% from its previous day’s closing price.
Why Investors Are Optimistic about Shake Shack’s 4Q17 Earnings
Shake Shack (SHAK) is scheduled to announce its 4Q17 earnings after the market closes on February 15, 2018.
US Equities Decline on 1Q15 Gross Domestic Product Numbers
US equities declined in 1Q15. GDP dropped by 0.7% in the first quarter against the expectation of 0.2% growth.
Analyzing DuPont’s Stock Performance in 2017
With DuPont stock continuing to rise, it’s trading 8.1% above its 100-day moving average of $72.10. The movement indicates the stock’s upward trend.
These Factors Could Drive Cleveland-Cliffs’ Valuation in 2018
Among the US steel and iron ore peers, Nucor (NUE) is trading at the highest forward multiple of 7.7x.
Salesforce Stock: Most Analysts Recommend ‘Buy’
Wall Street analysts’ views on Salesforce stock Earlier in this series, we discussed how growing competition in the cloud space could halt Salesforce (CRM) double-digit revenue growth. We also discussed the company’s initiatives to overcome this. Salesforce is a prominent player in the software space, along with Microsoft (MSFT), Oracle (ORCL), IBM (IBM), and SAP (SAP). […]
Why Investors Are Optimistic about McDonald’s 4Q17 Earnings
McDonald’s (MCD) is scheduled to announce its 4Q17 earnings before the market opens on January 30, 2018.
These Factors Could Impact CLF’s US Volumes in 3Q17 and Beyond
In 2Q17, Cleveland-Cliffs (CLF) achieved 4% growth year-over-year in US volumes to 4.3 million tons.
US Steel Demand: 2018 Could Be a Strong Year
If the Trump administration moves forward on the proposed infrastructure investments, it could boost US steel demand.
Why Gold Failed to Catch Bids despite Escalating Trade Tension
In times of escalating geopolitical or economic concerns, gold often acts as a safe-haven asset. This year, however, gold’s safe-haven appeal seems to be somewhat tarnished.
Mondelēz International Aims for Margin Improvement in 2017
Mondelēz International (MDLZ) has been streamlining its business and reducing costs to improve its profitability.
Weekly Roundup: Steel Stocks Saw Their Fortunes Reverse
Last week was mixed for steel stocks—they followed different trajectories. With gains of 6.6%, AK Steel (AKS) was the biggest gainer.
Is Cliffs Bidding Farewell to Seaborne Iron Ore Volatility?
Cleveland-Cliffs’ (CLF) new management has always been keen on exiting the volatile seaborne iron ore business as soon as possible.
Steel Stocks Recoup Losses after MT’s Earnings Lift Sentiments
Last week started on a positive note for most steel stocks, with most seeing upward price action on Monday. But sentiments were mostly negative after that.
Why Investors Are Optimistic about Yum! Brands’ 4Q17 Earnings
Yum! Brands (YUM) is scheduled to announce its 4Q17 earnings before the market opens on February 8, 2018. The company’s stock price was trading at $82.63 at the close of trading on February 2.
Clorox Stock Rose on Better-than-Expected Q2 Earnings
Clorox (CLX) reported better-than-expected second-quarter earnings on February 4.
Constellation Brands’ Valuation after Fiscal 2Q18 Results
Constellation Brands’ (STZ) 12-month forward PE (price-to-earnings) ratio fell 1.4% to 24.0x on October 5, 2017, the day the company announced its fiscal 2Q18 results.
ISE Cyber Security Index Beats S&P 500 Index
Since December 2015, the ISE Cyber Security Index (HACK) has beaten the S&P 500 Index (SPX) by 10.54 percentage points. Cybersecurity stock is expected to grow rapidly.
Why Church & Dwight Stock Fell ~6%
Church & Dwight (CHD) stock fell ~6% on Friday, April 20, 2018, after being downgraded by Deutsche Bank to “hold” from “buy.”
Freeport Investors Should Follow the FOMC’s Meeting
The FOMC’s (Federal Open Market Committee) meeting is scheduled for December 12–13. So far, the Fed has raised rates twice this year.
Bloomin’ Brands’ year-to-date return as of 3Q14
As of November 2014, Bloomin’ Brands’ (BLMN) year-to-date (or YTD) return was -7.6%. BLMN operates casual dining restaurants. It competes with companies like EAT and TXRH.
Coca-Cola, PepsiCo, Dr Pepper Snapple: A Valuation Showdown?
As of March 28, Coca-Cola and PepsiCo were trading at 12-month forward PE multiples of 22.7x and 22.0x, respectively.
Target Could Sustain Its Growth Momentum in Q3 2018
Target is scheduled to announce its third-quarter results on November 20. Analysts expect Target to maintain its growth momentum.
How Much Upside Could be Left in Williams-Sonoma Stock?
In this series, we’ll look at analysts’ revenue and EPS estimates for Williams-Sonoma over the next four quarters, as well as the company’s guidance and valuation.
Tiffany on the Street: Analyst Ratings and Valuations
Of the 26 analysts covering Tiffany stock, 42.0% rated it a “buy” as of April 3, 2017, while 54.0% rated it a “hold,” and one (4.0%) rated it a “sell.”
Domino’s Stock Falls on Longbow’s Target Price Reduction
At the end of November 28, 2017, Domino’s Pizza (DPZ) was trading at $172.29, a fall of 1.3% from the previous day’s closing price.
Will Santa Claus Rally Boost Cannabis Stocks?
On December 26, a Santa Claus rally seems to be in full swing. This effect pushed the S&P 500 (SPX) and Nasdaq Composite Index (COMP) to record highs.
Why CLF’s US-Centric Iron Ore Policy Could Reduce Stock Volatility
Cleveland-Cliffs (CLF) has come a long way as far as its business mix is concerned.
Understanding Cliffs’ New Estimates: Why Are Iron Ore Analysts Second-Guessing?
Most of Cliffs Natural Resources’ (CLF) revenues and earnings are derived from its US steel division. This makes its drivers unique among peers.
Markets Tumble, Gold Shines as Trump Cancels North Korea Meeting
In a classic Donald Trump move, the president wrote a letter to North Korean leader Kim Jong-un to cancel their planned meeting in Singapore next month.
Chesapeake’s Year in Review—and What to Expect in 2018
Chesapeake Energy (CHK) stock rose 2.9% in the week ended December 29, 2017, compared to the previous week ended December 22.
Risks of a Slowdown Rise on Trade War Risks—Can Gold Benefit?
According to a survey by Bank of America Merrill Lynch, 31.0% of respondents see a trade war as the biggest tail risk for the markets, up from 25.0% in May.
Why these Iron Ore Miners Could Offer Valuation Upside
Vale’s (VALE) is trading at a forward EV-to-EBITDA (earnings before, interest, tax, depreciation, and amortization) multiple of 6.4x, which reflects a discount of 5% to its last-five-year average multiple.
Do Newmont Mining’s Latest Ratings Show Analyst Optimism?
Newmont Mining (NEM) has 61% “buy” recommendations from the 18 analysts covering the stock.
Where Newmont Mining Ranks among Gold Miners Today
NEM stock is being covered by 18 Wall Street analysts today, of which 61% recommend a “buy” for the stock, while 39% recommend a “hold.”
S&P 500 Index Nears Record High amid Earnings Season
The S&P 500 Index, represented by the SPDR S&P 500 ETF (SPY), rose 0.3% on October 23, nearing the all-time high it saw in July.
Conagra’s Valuation after Its 3Q17 Earnings
As of March 24, 2017, Conagra Brands (CAG) was trading at a 12-month forward PE (price-to-earnings) ratio of 21.9x.
Did Druckenmiller and Buffett Get ‘Trumped’ This Year?
Druckenmiller and Buffett got “trumped” by the President’s economic policies this year. Incidentally, the US economy posted better-than-expected growth.
Why Ray Dalio and John Paulson Are Still Betting on Gold
As per the 13Fs filed for the first quarter, hedge funds still seem to have confidence in gold’s price outlook.
Will Philip Morris’s 2Q17 Earnings Boost Its Stock Price?
Philip Morris International (PM) is set to announce its 2Q17 earnings before the market opens on July 20, 2017.
Steel Producers and the Intensifying Electric Vehicle Race
Electric vehicles The automotive sector is the second-largest steel consumer after the construction sector. Over the last century, internal combustion vehicles have dominated the automotive landscape (SPY) (SPX). However, EV (electric vehicle) sales are expected to grow multifold in the coming years amid a push by several governments around the world. Steel versus aluminum Steel […]
What Drove Whiting Petroleum Stock Lower Last Week
Whiting Petroleum (WLL) stock fell ~11% in the week ended November 17. The stock seems to have seen extended losses from the week before, when it finalized a one-for-four reverse stock split.
Look Out for These Valuation Catalysts for Iron Ore in 2018
Vale SA’s (VALE) forward EV-to-EBITDA (enterprise value to earnings before, interest, tax, depreciation, and amortization) multiple is trading at close to 7.2x, the highest among its seaborne iron ore peers.
PepsiCo Beats 4Q Earnings Estimates, Stock Falls
PepsiCo stock fell 0.2% to $106.73 on February 15. This series on PepsiCo’s 4Q16 results will discuss the company’s earnings, revenue, and margins.
What High US Equity Market Valuations Mean for Gold
One asset class that is still riding on “Trump trade” appears to be US equities —tech stocks, in particular.
Why Raymond James Is Bullish on Newmont Despite Its Underperformance
Of the 19 analysts covering Newmont Mining (NEM), 53% have issued “buy” recommendations, while 42% have issued “hold” recommendations.
What Bill Miller Thinks about Valeant Pharmaceuticals
According to Bill Miller, Valeant Pharmaceuticals (VRX) is correctly valued.
Nucor’s Waiting for ‘Christmas Gift’ from Trump Administration
Nucor expressed optimism over the Section 232 imports probe that was ordered by the Trump administration earlier this year.
Factors that Can Reverse Cleveland-Cliffs’ Trendline in 2018
Within the steel space, AK Steel (AKS) registered the poorest performance with a 44.6% loss in 2017. After disappointing 1Q17 results, U.S. Steel (X) recovered to end 2017 with an annual gain of 6.6%.
Key Highlights from Cleveland-Cliffs’ 3Q17 Results
Cleveland-Cliffs (CLF) achieved revenues of $698.0 million for 3Q17, an increase of 26% year-over-year.
How Did SRC Energy’s Stock Perform in 2017?
We’ll now look at SRC Energy’s (SRCI) stock performance in 2017 and compare it to the performance of the energy sector, the broader market, and crude and natural gas prices.
Jack in the Box in Fiscal 1Q17: Can Earnings Boost Its Stock?
Jack in the Box (JACK), which also operates Qdoba Mexican Eats, is set to announce its fiscal 1Q17 results on February 22, 2017, after the market closes.
Can Trump’s Probe into US Steel Imports Stem Them Further?
Cliffs Natural Resources’ (CLF) USIO (US Iron Ore) segment mainly sells iron ore to integrated steel companies in the United States (SPY).
What Iamgold’s Outperformance Could Mean for the Future
Iamgold’s (IAG) stock price has had a very strong performance in 2017 YTD, significantly outperforming peers and gaining 83% as of September 8, 2017.
What’s VMware’s Value Proposition in the US Software Space?
Earlier in the series, we discussed the market’s expectations for VMware’s (VMW) fiscal 1Q18 results. Now, let’s take a look at where VMware is positioned in the software space.
How Bitcoin Is Starting Out the New Year
In the last quarter of 2017, bitcoin surged from close to $4,300 to a mind-boggling $19,300 plus during the third week of December 2017.
A Look at Occidental Petroleum Stock Performance
After a dismal performance for most of 2017, Occidental Petroleum (OXY) stock has recently been mostly in a consistent uptrend.
Southern Company to Report 3Q15 Results on October 28
Southern Company (SO) will release its 3Q15 earnings on October 28, 2015. It’s the fourth largest producer of electricity in the United States and is the holding company of four power utilities.
Chipotle Stock Rose after Raymond James’s Upgrade
Raymond James’s upgrade of Chipotle Mexican Grill (CMG) on January 19, 2018, appears to have increased investors’ confidence, leading to a rise in Chipotle’s stock price.
How Has Apache Stock Performed This Year?
On a YTD (year-to-date) basis, Apache (APA) stock has fallen ~36%. The downtrend in Apache’s stock price had been due to lower crude oil prices.
Cisco Systems’ Resurgence May Just Be Getting Started
Cisco (CSCO) stock was under pressure in 2019 due to the US-China trade war. Options traders are betting on CSCO’s rise by the middle of March.
Why Roku Shares Could Surge in the Short Term
Roku shares (ROKU) have had an eventful year! They rose approximately 400% in 2019. However, the stock price fell more than 10% in December.
Why You Should Buy Aurora Cannabis Stock in 2020
Options traders are betting that Aurora Cannabis stock will start to rise by the middle of March after some trying times for the company.
CRON versus APHA December Valuation Update
Cronos Group (CRON) missed analysts’ EBITDA estimates this year. The bad performance and weakness in the cannabis sector caused the stock to fall by 34.9%
Best Energy Stocks: Target Prices and Upside Potential
Integrated energy stocks have underperformed the equity market in 2019. We’ll see what 2020 has in store for Chevron, ExxonMobil, Royal Dutch Shell, and BP.
Could Intel Stock Reach New Highs?
Intel stock closed at $58.95 on December 20, up 1.71% from the previous trading session. This performance lagged the S&P 500’s 0.49% increase on the day.
Why AAPL Stock Could Take a Hit in 2020
Apple (AAPL) closed at $279.74 yesterday, falling 0.24% from the previous trading session. This change lagged the S&P 500’s (SPX) 0.04% decrease on the day.
Micron Stock Will Fall, Says Technical Analysis
Micron stock closed at $47.93 on Friday, rising 2.81% from the previous trading session. This change lagged the S&P 500’s (SPX) 0.91% increase on the day.
Options Traders Think AT&T Stock Will Climb Higher
AT&T stock (T) closed trading at $38.10 on December 4, rising 1.44% from the previous trading session, and I’m seeing more upside ahead.
Facebook Options Traders Think the Stock Can Rise More
Over the past week, there have been several bullish bets placed on Facebook (FB) stock, suggesting that it could rise higher in the coming weeks and months.
Alibaba Stock Has Options Traders Betting on a Jump
Shares of Alibaba Group Holding Limited (BABA) closed at $200.82 in the latest trading session, marking a 3.14% rise from the previous day.
How Strong Is MPC’s Debt and Cash Position?
Marathon Petroleum (MPC) stock has underperformed the equity market and its peers in the current year. MPC’s stock price has risen 2.8% YTD.
The Hercules of the power sector in a falling market
Three power companies had positive returns for the week ended January 2, 2015. Returns for Dynegy (DYN) and Calpine (CPN) stood out in a falling US market.
Hawaiian Electric stock soars on news of merger with NextEra
Hawaiian Electric Industries (HE) was the biggest gainer for the week ending December 5, 2014. It surged by 16.3% during the week on news of its merger with NextEra Energy (NEE) and closed the week at $32.78.
ExxonMobil: How Will XOM Trend for the Rest of the Year?
This quarter, ExxonMobil (XOM) stock has fallen 2.4%. Let’s try to forecast XOM’s upper and lower price limits until the end of the year.
Chevron Stock: Has the Short Interest Fallen?
So far, Chevron’s (CVX) stock price has risen 2.1% in November due to stronger equity markets and higher crude oil prices.
Is Suncor Stock Entering the ‘Buy’ Zone?
Suncor stock has risen 3.8% this month, the highest among its peers, due to its robust results, higher oil prices, and stronger equity markets.
Utility bulls: The stocks that charged up the US power sector
Apart from Dynegy, Public Service Enterprise Group and First Energy were the top gainers in the US power sector last week.
Hawaiian Electric bucks the trend in a weak market
Hawaiian Electric withstood the fall in the markets. It was up 0.6% for the week ending on January 30, 2015. Hawaiian Electric closed the week at $34.30 per share.
No break for Dynegy and AES: Stock continues to drop
Dynegy Inc. (DYN) saw the biggest drop in share prices for the week ending on January 30, 2015. Its share prices fell by 5.3% in the week.
Will the Dow Jones Industrial Average Climb to 30,000?
The Dow Jones Industrial Average (DJIA) (DIA) seems to be touching new highs despite pessimism related to progress in trade talks.
BP Stock: Will Higher Crude Oil Prices Boost Its Earnings?
BP stock has been rising in the current quarter. The rise in the stock price is in line with increased crude oil prices and equity markets in the quarter.
Options Analysis: What’s Next for Aurora Cannabis Stock?
In the November 14 trading session, Aurora Cannabis (ACB) stock fell 12.7% from the previous session during after-hours trading.
Disney Stock Options: Still a Great Buy after Disney+?
Some options traders are betting large, bullish bets in favor of Disney stock and Disney+ in particular. Let’s take a closer look at the options.
Shell Stock: Are Its Shareholder Returns in Danger?
This month, Shell’s stock returns have been lower than most peers’. The company believes its returns could be vulnerable to macroeconomic conditions.
Tesla Stock: Baillie, BlackRock, Sumitomo Raise Holdings
In the third quarter, some prominent institutions raised their stakes in Tesla stock. Here’s why it’s no surprise that institutions are grabbing the stock.
Why Markets Love BP Compared to XOM, CVX, and Shell
BP has the highest correlation coefficient of 0.60 with WTI, followed by Shell at 0.57. Meanwhile, ExxonMobil and Chevron have relatively low correlations.
Has Shell Performed Better than BP in Q3?
Royal Dutch Shell (RDS.A) and BP’s (BP) earnings fell in the third quarter. While BP’s profits fell 41%, Shell’s earnings fell 15%.
Tesla Stock Gains Dim Einhorn’s Greenlight
Tesla stock has risen 23% since the company’s October earnings release, bringing trouble for short sellers such as David Einhorn’s Greenlight Capital.