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%
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.
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.
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.
Druckenmiller and Buffett got “trumped” by the President’s economic policies this year. Incidentally, the US economy posted better-than-expected growth.
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.
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.
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.
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.
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.
Cleveland-Cliffs’s (CLF) CFO Tim Flanagan mentioned that the company is expected to generate $400 million of free cash flow in the second half of 2018.
As of June 22, Starbucks (SBUX) was trading at $51.24, which represents a 13.7% fall since the announcement of its fiscal second-quarter earnings on April 26.
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.
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.
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.
Despite the massive surge in Microsoft stock, which helped its market cap to cross the $724 billion mark, it’s lagging behind Amazon (AMZN), which has a market cap of ~$726 billion.
Despite the massive surge in Microsoft stock, which helped its market cap to cross the $713 billion mark, it was momentarily eclipsed by Amazon (AMZN).
Altria Group (MO) posted its 4Q17 earnings on February 1, 2018. The company posted adjusted earnings per share of $0.91 on net revenues of ~$4.7 billion.
McDonald’s (MCD) posted its 4Q17 earnings before the market opened on January 30. The company posted adjusted EPS (earnings per share) of $1.71 on revenues of $5.34 billion.
The cash cost of goods sold for Cleveland-Cliffs’ (CLF) APIO division was $44.56 per ton in 4Q17, 22% higher YoY (year-over-year) and 10% higher sequentially.
Equity markets It’s no secret that US equity markets (SPY) (SPX) seemingly hit higher highs every other day in 2017. The S&P 500 rose 19.4%, reaching record highs. Therefore, it comes as no surprise that market participants are worried about valuation getting stretched. While higher valuation doesn’t automatically mean assets are overvalued, the perception of […]
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 […]
Morgan Stanley (MS) announced its 4Q17 earnings on January 18, 2018. Its adjusted EPS (earnings per share) were $0.84, and its revenue was $9.5 billion.
Anadarko Petroleum stock Since late 2017, Anadarko Petroleum (APC) stock has mostly followed an uptrend, like most energy stocks. Year-to-date, Anadarko Petroleum’s stock has fallen ~16.6%. In comparison, the Energy Select Sector SPDR ETF (XLE) has risen ~3%, and the S&P 500 SPDR ETF (SPY) (SPX-INDEX) has risen 24%. Anadarko Petroleum stock has been driven primarily […]
Whiting Petroleum (WLL) stock increased 5.8% in the week ended January 12, 2018, compared to the week ended January 5, 2018. WLL has been on an uptrend, mirroring crude oil prices.
In the final part of our series, we’ll look at RSP Permian’s (RSPP) stock performance compared to the benchmark energy sector as well as the broader market as well as crude and natural gas prices.
Now, let’s look at Jagged Peak Energy’s (JAG) stock performance in comparison to the benchmark energy sector, the broader market, as well as crude and natural gas prices.
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.
Of the 14 analysts covering Rio Tinto (RIO) stock, 64.3% have given it “buy” ratings. Compared to the end of June 2017, the percentage of “buys” on Rio Tinto has fallen from 80%.
On January 12, 2018, Lowe’s Companies (LOW) hit a 52-week high of $102.28. It closed the day at $100.86, which represents a growth of 5.4% from the previous day.
On January 4, Credit Suisse and Oppenheimer upgraded Domino’s Pizza (DPZ) from “market perform” to “outperform,” which appears to have increased investors’ confidence, leading to a rise in the stock price.
