They say good things come in threes. If so, biotech companies could be in for not just another year of outperformance, but another decade. The first era of biotech was a building phase, when companies created their first blockbuster drugs. The second, current one, has resulted in a four-year rally that reflects the sector’s transition from a cluster of one-hit […]
Shares of brokerage firm – E*TRADE Financial Corporation (ETFC – Analyst Report) rose 4.24% in after hours trade following the release of its impressive fourth-quarter 2014 results on Jan 22, after the market closed. Driven by strong trading activity, E*TRADE delivered a positive earnings surprise of 13% in the quarter, marking the fourth straight quarter of earnings beat.Earnings per share […]
The past five-plus years have made for some amazing returns for equities investors. Here are some cold hard facts to put the rally into perspective.1. The S&P 500′s Price-to-Sales Ratio Has Never Been HigherMost people have heard of the S&P 500′s price-to-earnings ratio, or perhaps the more accurate Schiller ratio. What many investors aren’t aware of is the lesser-known price-to-sales ratio. […]
Market Wrap-up for Nov. 10 – 3 Sectors to Watch This WeekBy Tom Reese|November 10th, 2014
RSSA few key sectors will likely dominate the market action this week, playing a bigger-than-usual role in pushing the averages higher or lower. Here’s what investors should look out for in the coming days.1. How Will Oil Companies Hold Up?The per-barrel price of oil […]
