We began recommending Nike stock on Ransom Notes Radio on March 11, when the price closed at $54.53. It’s up 35% since then.
The stock broke through long-term upside resistance around $105 in July, but no one has missed the opportunity to own Air Products shares before their next run-up.
The stock is up 34% year-to-date.The chart is bullish, but with a PE twice as high as projected earnings growth rates, we encourage investors to be cautious and use stop-loss orders.
We would sell immediately and not bank on a $9 buyout.Short interest is high at about 35%. Shareholders should not mistake a brief upswing from short covering as a sign that the market likes this stock.
One of the most respected hacking groups in the world has apparently successfully hacked Apple’s Touch ID fingerprint scanner, causing embarrassment to Apple.
"If you're one of the more than 250 million Americans who already have health insurance, you will keep your health insurance." – President Obama
After many consecutive years of net losses, Rite Aid is expected to be profitable this year, and see earnings per share grow very aggressively going forward. The PE is quite low in comparison to the earnings growth, but the debt levels are extremely high.
Walgreen Company plans to shift 120,000 employees to a private healthcare exchange, in a move designed to avoid the extraordinary financial burden of the Obama administration’s Affordable Healthcare Act.
We’ve been cautious on Target stock all year. The company has been plagued with earnings misses, now projected down 9% for the year.
Wall Street expects Alexion to increase earnings per share 42% in 2013. The stock price is up 30% since we said “buy” in February; currently in a sideways trading pattern.
I never knew a client who bought IPO shares on the open market once it began trading. It was understood that would have been insanely foolish, because the share price was so inflated.
MasterCard reiterated a bullish financial outlook for the remainder of 2013, and the market responded by driving the share price to new highs.
Pandora Media has selected digital-advertising veteran Brian McAndrews as its new CEO, Chairman and President.
The benefit change mirrors an identical decision made by IBM last week, and is attributed to rising healthcare costs.
Visa will be added to the Dow Jones Industrial Average as of the market close on Sept 20. Watch for the stock to trade up, as approximately 6.5 million shares need to be purchased by Dow index funds.
Isis Pharmaceuticals will receive $100 million from Biogen Idec in a six-year agreement to develop treatments for neurological disorders, and up to $220 million thereafter for each new drug compound.
Rising home prices are jump-starting a long-delayed trend in home repairs, as homeowners and investors prepare for home sales and investment activity.
Construction supplies retailer Fastenal Company reported a 7.2% surge in daily sales in August in a press release today, up dramatically from a 2.9% increase in July.
Ford reported August retail sales up 20 percent to their highest levels since 2006, with total sales up 12.2%. Fourth-quarter production will be up 7 percent year-over-year.
Bank of America Corp. plans to sell its holdings in China Construction Bank Corp. for $1.5 billion, in a move to clean up its balance sheet and enhance its capital ratios.
Newsbusted: Planned Parenthood, Cecil the Lion, Hillary Clinton, Jim Gilmore, Christ Mathews, Debbie Wasserman Shultz