Source: Celgene Corp.Biotech companies have been among the market’s best-performing stocks, and that means many of the industry’s top stocks have soared to lofty levels that might have kept investors on the sidelines. Since sliding markets are likely to take biotech stocks lower, investors could soon have their first chance in a long time to buy into some great companies […]
We hate to spoil the surprise, but the answer, as clearly shown by the first blue bar on the chart below, is Energy, and specifically the ridiculous valuation that energy companies are currently trading at. Why? Because as the following Factset chart shows, the forward P/E of the energy sector is currently 27x – an all time high – and […]
Akin Oyedele
Mar. 9, 2015, 9:41 AM
3,645
David Paul Morris/Getty ImagesSee AlsoAlbert Edwards: Global liquidity is evaporatingHappy Birthday, Bull Market!Deutsche Bank isn’t sure Nasdaq 5000 is all that different this timeStocks are expensive.”The typical stock in the S&P 500 trades at 18.1x forward earnings, ranking at the 99th percentile of historical valuation since 1976,” wrote Goldman Sachs’ David Kostin.Kostin wrote that what clients ask […]
Gilead, without a doubt, has proven itself to be a leader in the biotechnology industry. The stock has had an extremely bullish pattern over the last four years, growing over 400% in stock price since March 2011. However, over the last 6 months, the stock has seen a loss of about 5%.In fact, there has been a considerable amount of […]
Transportation is a growing sector and one that has seen a strong performance as of late. As a matter of fact, iShares Transportation Average ETF under the ticker (IYT – ETF report) has soared almost 30% in the last 52 weeks.While this is certainly a strong performance, let’s narrow it down and focus on some of the most undervalued companies […]
Sam Ro
Feb. 16, 2015, 2:37 PM
1,035
FactSetSee AlsoThe state of global business conditions in one quoteWhy Americans aren’t spending all the money they’re saving on gasHere’s your complete preview of this week’s big economic eventsIf you thought Wall Street’s forecasts for earnings were too bullish, then congratulations. You were right.Earnings and expectations for earnings growth are arguably the most important drivers […]
Technology
Why Yelp Inc (YELP) Stock Is Trading Up By 7.11% Today
Yelp announced upward revision in 1QFY15 and FY15 guidance, following which the stock traded up by around 7.11%
YELP
By: Joshua GriffinPublished: Feb 10, 2015 at 11:22 am EST
Yelp Inc (NYSE:YELP) announced on Tuesday that it was raising the guidance for the first quarter of fiscal 2015 (1QFY15) and financial year 2015 […]
By: Martin BlancPublished: Jan 29, 2015 at 1:12 pm EST
Raytheon Company (NYSE:RTN) released its fourth-quarter (4QFY14) financial performance before the market opened on Thursday. Raytheon reported a beat on earning per share (EPS), but missed profit forecast estimates; following the news, the stock is down by 5.7% as of 12:45 PM EST.The company reported revenue of $6.14 billion, showing an […]
SummaryFCX trading below tangible book value.
The stock has a 6% dividend yield at its current price.
Indonesia continues to be a giant thorn in the side of Freeport management.
Dividend may not be sustainable.
Either capex or the dividend needs to be reduced, after examining free-cash-flow.
Freeport-McMoRan (NYSE:FCX) kicks off the Basic Materials festivities Tuesday morning, January 27th, 2015, releasing their 4th quarter, 2014 […]
Bloomberg TVTom Lee, the most bullish strategist on Wall Street for the second year in a row.In 2014, Wall Street’s stock market forecasts proved too conservative. The S&P 500 closed the year at 2,058, above the year-end forecast of all but one strategist — FundStrat’s Tom Lee. For 2015, Wall Street sees stocks gaining some ground, but few strategists are calling for […]
