Month: January 2020

FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC Morgan Stanley and Nomura analysts on Friday raised their price targets for Apple stock as the tech giant’s shares continue to surge. However, the latter cautioned that inflated iPhone 12 expectations “may make the music stop” and questioned market enthusiasm about a “5G supercycle.” In
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David Tepper, founder of Appaloosa Management, said Friday he still likes this bull market, which is the longest on record.  ”I love riding a horse that’s running,” Tepper told CNBC’s Joe Kernen in an exclusive email. ”We have been long and continue that way.” The current bull market started in March of 2009. Since then, the S&P 500
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Chinese e-commerce companies seem to be on a roll. Alibaba (NYSE:BABA) has been trending higher over the last few months, and JD.com (NASDAQ:JD) is not far behind. After an extended period of consolidation, JD.com stock has climbed 27% over the last three months. Source: Sundry Photography / Shutterstock.com I believe that, from a technical perspective,
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The past five years have not been good for buyers of value stocks.  The iShares S&P 500 Growth ETF (NYSEARCA:IVW) delivered a return of more than 70% between 2015 and 2019 compared to a 41% return for the iShares S&P 500 Value ETF (NYSEARCA:IVE). Overall, value stocks have been underperforming their growth brethren since at
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Shares of Chinese streaming giant iQiyi (NASDAQ:IQ) have gone parabolic over the past few months, rising from $15 in early October 2019 to $25 by early January 2020. That’s a jaw-dropping 65%-plus rally in IQ stock in just three months. Source: NYC Russ / Shutterstock.com What’s behind the recent strength in the company? More importantly,
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January has already seen impressive gains in broader markets, and shareholders in the Atlanta-based airline Delta (NYSE:DAL) stock have also enjoyed a year-to-date gain of about 6%. Source: VanderWolf Images/Shutterstock.com In the U.S, four major carriers — American Airlines (NASDAQ:AAL), United Continental Holdings (NASDAQ:UAL), Delta and Southwest Airlines (NYSE:LUV) — control about 70% of the domestic market. Furthermore,
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Acasti Pharma (NASDAQ:ACST) is a classic example of the extreme volatility of small-cap biotech stocks. It was only in late December that the shares were fetching $2.87, up from $1 a year earlier. But now ACST stock is trading around 79 cents, with a market cap of about $70 million. To provide some context, in
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For a boring company like Cisco Systems (NASDAQ:CSCO), it enjoyed a solid performance in 2019. Last year, Cisco stock returned nearly 17% for stakeholders. Granted, it’s not an earth-shattering figure. As a telecommunications equipment specialist, Cisco isn’t exactly a sexy organization. However, it’s a name you may want to keep in the backburner. Source: Anucha
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GW Pharmaceuticals PLC (GWPH) stocks rallied this week after the company released preliminary Q4 results that exceeded forecasts. The driving force behind the GWPH’s performance came from better-than-expected sales of the company’s flagship product Epidiolex, the cannabidiol (CBD)-based drug used to treat epilepsy, Lennox-Gastaut and Dravet syndromes.  Thus far, Epidiolex is the only CBD-based pharmaceutical
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