Buy Undervalued Stocksby Jim Walker on Wednesday, June 17th, 2015 | Comments Off on Buy Undervalued StocksThe stock market is overvalued and probably ready for a correction but there are still opportunities to buy undervalued stocks. An insightful article in InvestorsPlace suggests that IBM, Chevron and the shipping container company, Textaniner Group Holdings, are all undervalued stocks and set to […]
By Ben LevisohnSunTrust Robinson Humphrey’s Edward Nash and team offer five biotech stocks for the next six months:
Cempra (CEMP) ($50 PT), our top pick based on near-term clinical and commercial success potential. We recently met with management and it was reiterated that the second Phase III study of solithromycin in CABP (SOLITAIRE-IV) remains on track to report top-line data by […]
Fears that the five-year Greek financial crisis will culminate in debt default and exit from the euro have intensified as Athens hardened its rhetoric against its creditors and insisted it would miss a payment to the International Monetary Fund unless it received debt relief.With just 48 hours to go before a meeting of eurozone finance ministers, seen as the last […]
The S&P 500 (SPX) has seen its fair share of ups and downs in the first half of June, but the overall direction lacks conviction. Or is that changing? Like, real soon. This week kicks off with some noise due to failed weekend talks to rescue Greece. Just a little volatility primer before attention turns to the midweek Federal Reserve […]
Saudi Arabia opens $590bn stock market to foreignersPublished time: June 15, 2015 15:14Get short URLReuters / Faisal Al NasserTagsInvestment, Markets, Saudi ArabiaStarting Monday Saudi Arabia is giving foreign investment institutions access to one of the world’s most-restricted stock markets in an effort to diversify its capital base, in a country which gets 90 percent of its revenue from oil.Until Monday […]
Related LFStocks Hitting 52-Week LowsMorning Market LosersEven A Kiss From A Princess Can’t Save LeapFrog(Seeking Alpha)In a report published Monday, BMO Capital Markets analyst Gerrick L. Johnson maintained an Outperform rating on LeapFrog Enterprises, Inc. (NYSE: LF), while reducing the price target from $8 to $4, saying that the company is “leaping backwards.”LeapFrog accounted its F4Q EPS at a loss […]
Benchmarks ended the last trading day of the week in the red following a deadlock between Greece and its creditors over the country’s bailout program. Positive consumer sentiment data also raised anxiety about a possible hike in interest rates sooner than later. For the week, the S&P 500 and the Dow ended in the green, while the Nasdaq finished in […]
MPI/Getty ImagesOne of the first things you hear about the stock market are the stories of the great bull markets and great crashes.And when you hear the stories about these dramatic moves, you also quickly hear about the great (and not-so-great) forecasts that preceded them.We like to imagine that there are people who can predict the future. And none are […]
Greek Prime Minister Alexis Tsipras arrives at his office in Maximos Mansion for a governmental council meeting. Photograph: Alkis Konstantinidis/Reuters
Time for a recap, as we await Mario Draghi’s appearance at the European Parliament this afternoon.The Greek government and the European Commission have blamed each other for the collapse of negotiations over its bailout programme last night, amid rising concern […]
Today, we’re introducing our new Index of Evil…But first a quick look at what our proprietary stock market indicator is telling us about future returns.Our lead researcher, Stephen Jones, developed it for us. Stephen is a former stock market analyst at Value Line and the president of financial planning firm String Advisors.The question today: when past stock market conditions have […]
