Welcome to John Ransom’s Stocks in the News where the headlines meet the trendlines.
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Stock number one: Intel Corporation
Intel Q3 Earnings Cheat Sheet-- Yahoo
Event:INTC reports its Q3 earnings today after the close . The options market is implying about a 6% one day move, which is slightly above both the 4 qtr avg of about 3.5%, and the 8 qtr avg of about 3.25%.
Sentiment:Wall Street analysts are neutral on the stock, with 22 buys, 25 holds, and 5 sells, and an average 12 month price target of around $35.Even with the recent weakness in the semiconductor sector, INTC is still up 25% year-to-date.Short interest is at a 2 year low, around 2.5% of the float.
Symbol: INTC
Trailing PE: 16; Forward PE: NA
PEG: NA
Dividend: 2.80%
Estimate Trend: Split
Ransom Note Trendline: Avoid Intel
Stock number two: JPMorgan Chase & Co
JPMorgan Swings to Third-Quarter Profit, Misses Estimates--Bloomberg
JPMorgan Chase & Co. (JPM), the biggest U.S. bank, swung to a profit in the third quarter from a loss a year earlier as debt-trading revenue rose and legal costs narrowed. The stock, up 7 cents to $58.23 at 1:08 p.m. in New York, fell as much as 3.6 percent earlier after $1 billion in legal expenses caused earnings to miss some analysts' estimates.
Symbol: JPM
Trailing PE: 15; Forward PE: 10
PEG: 2.34
Dividend: 2.70%
Estimate Trend: Up
Price to book: 1.05
Ransom Note Trendline: Buy JP Morgan Chase
Stock number three: American Airlines Group
Why American Airlines Group (AAL) Stock Is Surging Today--The Street.com
Shares of American Airlines Group(AAL) surged 10.81% to $31.67 in morning trading Tuesday after the World Health Organization said the number of new Ebola cases in the hardest-hit areas is declining.
The WHO reported 8,914 suspected or confirmed Ebola cases and 4,447 resultant deaths. This trend is "relatively flat" at approximately 1,000 new cases per week for the last three to four weeks, according to Bruce Aylward, the WHO assistant director-general who oversees the organization's operations in West Africa.
Symbol: AAL
Trailing PE: NA; Forward PE: 4.63
PEG: 0.11
Dividend: 1.30%
Estimate Trend: NA
Ransom Note Trendline: Avoid American Airlines
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