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  • Morgan Stanley says new technologies are feeding into a surge in productivity that will help the economy for years.
  • Strategist Adam Virgadamo says the pandemic will speed up that change, and investors don’t have to buy tech stocks to reap the rewards. 
  • He’s compiled a list of innovators that have been outperforming and look like they will continue to do based on their strategies and investments in their businesses.
  • Visit Business Insider’s homepage for more stories.

New technology has permeated so many industries and transformed business. But when investors want long-term growth, they’re mostly buying the same mega-cap tech stocks.

That’s stayed true even as some experts have warned about the sky-high prices of those same stocks, raising the spectre of the dot-com bubble 20 years ago and the dominance of a handful of giant stocks that hit record levels.

Whether there’s a bubble or not, Adam Virgadamo, a US

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The main aim of stock picking is to find the market-beating stocks. But every investor is virtually certain to have both over-performing and under-performing stocks. So we wouldn’t blame long term Computer Modelling Group Ltd. (TSE:CMG) shareholders for doubting their decision to hold, with the stock down 58% over a half decade. Unhappily, the share price slid 3.0% in the last week.

See our latest analysis for Computer Modelling Group

While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.

During the five years over which the share price declined, Computer Modelling Group’s earnings per share (EPS) dropped by 8.0% each year. This reduction in EPS is

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  • Morgan Stanley research teams, in a research note, outline the activity-based stocks that are still discounted for a post-COVID recovery across five different sectors.
  • Morgan Stanley recommends investors think about individual stocks instead of sectors.
  • “The bifurcation between winners and losers within sectors is arguably best exemplified within Retail – in aggregate, the sector has been a strong outperformer this year, but this largely reflects single-stock stories,” Morgan Stanley’s equity analyst, Jamie Rollo, said in a note.
  • Click here to sign up for our weekly newsletter Investing Insider.
  • Visit Business Insider’s homepage for more stories.

Morgan Stanley brought together five separate equity research teams to understand which European activity-based stocks damaged by the pandemic were still discounted for a post-COVID recovery, in a new research note released this week.

The investment bank is thinking ahead to recovery based on its biotech team expecting phase three vaccine results by November and

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Canadian marijuana company Aurora Cannabis (NYSE:ACB) had a dreadful 2019; its stock lost 56% of its value over the year, compared with a 36% decline in the industry benchmark Horizons Marijuana Life Sciences ETF. External headwinds in Canada, along with Aurora’s own haphazard acquisitions, dragged down revenue and made profit challenging, while expenses kept piling up. All these factors led to its decline, and hopes of the company recovering anytime soon were minimal.

Hence, its third-quarter results at the end of March came as a pleasant surprise. The company reported a surge in revenue — to be precise, a year-over-year jump of 35% to 75.5 million Canadian dollars. Aurora gave a sneak peek into its fourth-quarter results on Sept. 8 when it discussed some impairment charges and a decline in revenue. But investors hoped to get some good news from the actual results, and the stock was up 16%

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It’s been an uninspiring year for blue chip IBM Corp (NYSE:IBM), and it could get worse. “Big Blue” is one of the worst stocks on the S&P 500 in October over the past 10 years. With the tech stock also trading near a potential layer of resistance and short-term options attractively priced, it might be a good time to buy puts on IBM.

Worst Stocks October
Worst Stocks October

According to data from Schaeffer’s Senior Quantitative Analyst Rocky White, IBM shares have averaged a monthly loss of 4.24% in the last decade, finishing October in positive territory just three times. That’s good for the worst on the 25-stock list and bears the ignominious distinction of being the only Dow name present.

There’s a great deal of technical resistance working against IBM as well. The shares have been stymied by the -10% year-to-date level recently, while their 200-day moving average has contained breakouts

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The Tokyo Stock Exchange plans to resume normal operations Friday after it halted trading for the entire day Thursday owing to what it said was a malfunction in its computer systems — the worst such outage ever.

There was no indication that the outage at the world’s third-largest exchange resulted from hacking or other cybersecurity breaches.

“We are extremely sorry for the troubles we have caused,” Koichiro Miyahara, president and CEO of the exchange, told reporters late Thursday.

The exchange issued a statement later saying it would open as usual Friday. It said it foresaw no problems with resuming trading.

Miyahara and other exchange officials said a computer hardware device they called “Machine 1” failed, and the backup, “Machine 2,” didn’t kick in, so stock price information was not being relayed properly.

The officials characterized the problem as a memory malfunction.

They said that rebooting the system during a trading

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Trading in Tokyo’s stock markets, which are among the world’s biggest, was halted for the whole day Thursday after the system was hit by one of its worst ever glitches.

A technical problem involving the delivery of market information was flagged to the operator of the Tokyo Stock Exchange operator and business was stopped less than half an hour before the opening bell.

The decision not to open for the rest of the day was taken around noon, with Japan Exchange Group giving no further details on the cause.

“TSE has decided to halt all listed stocks for all of today. When trade will resume has not yet been decided,” it said in a statement, which added that a decision on whether to resume Friday will be announced later.

The glitch hit the country’s top Nikkei 225 and Topix indexes as well as exchanges in Nagoya, Sapporo and Fukuoka that

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Lithia Motors, Inc. (NYSE: LAD) today announced the pricing of its public offering (the “Offering”) of 3,181,819 shares of its Class A common stock (the “common stock”) at a price to the public of $220.00 per share. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 477,272 shares of common stock at the same public offering price, less underwriting discounts and commissions. The offering is expected to close on October 5, 2020, subject to the satisfaction of customary closing conditions.

In addition, today Lithia concurrently announced the pricing of its private offering of $550 million aggregate principal amount of its 4.375% senior notes due 2031 (the “Notes”), which represents an increase of $50 million from the offering size previously announced. This press release is neither an offer to sell nor a solicitation of an offer to buy the Notes.

Goldman Sachs & Co.

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September 29, 2020– Comtech Telecommunications Corp. (NASDAQ: CMTL) today announced that its Board of Directors has authorized a new $100.0 million share repurchase program pursuant to which the Company may repurchase shares of its common stock from time to time in open market transactions at prevailing market prices, in privately negotiated transactions, or by other means in accordance with federal securities laws.

“Authorizing the use of our strong balance sheet for share repurchases demonstrates our confidence in the underlying value of our stock and our commitment to providing long-term value for our stockholders,” commented Fred Kornberg, Chairman and Chief Executive Officer of the Company.

Any repurchased shares will be available for various corporate purposes. There can be no assurance of how many shares will be repurchased, and the repurchase program may be suspended or discontinued at any time. The actual timing, number and value of shares repurchased under the program

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CHICAGO, Sept. 29, 2020 /PRNewswire/ — In-depth analysis and data-driven insights on the impact of COVID-19 included in this global stock images and videos market report.

Arizton Logo
Arizton Logo

The global stock images and videos market is expected to grow at a CAGR of approx. 5% during the period 2019−2025.

Key Highlights Offered in the Report:  

  1. As video production has stalled and studio shoots stand cancelled during the lockdowns, creatives are being forced to rethink how they create their ads, driving up the reliance on stock imagery.

  2. Consumers are increasingly seeking out companies and brands that take social themes seriously and are part of green, queer, and inequality-related conversations. This is creating the need for powerful and meaningful visual images that represent them.

  3. Audio is slowly supplanting the use of visuals as sound becomes a bigger part of storytelling and interactions, threatening the growth of the market

  4. More content is

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