Stocks closed higher on Thursday after President Donald Trump implemented steel and aluminum import tariffs that excluded Canada and Mexico, two key U.S. trade partners. The S&P 500 closed 0.45 percent higher at 2,738.97, with utilities and consumer staples as the best-performing sector. The Dow Jones industrial average ended 93.85 points higher at 24,895.21. The […]
Semiconductor stocks as a group appear undervalued, especially when you factor in their superior growth rates for sales, earnings and cash flow as compared with the benchmark S&P 500 Index. As of the close on March 7, the S&P 500 SPX, +0.45% was down 4.8% from its closing high Jan. 26, but the PHLX Semiconductor […]
After hours of indecisive trading, stocks finished with modest gains Thursday after President Donald Trump formally ordered tariffs on steel and aluminum imports with terms that were less harsh than investors had feared. Stocks rallied following reports that Canada and Mexico will be exempted indefinitely from the tariffs and that other countries will be invited […]
While most major technology companies have already reported their latest quarterly results, both Broadcom Limited (NASDAQ: AVGO) and Micron Technology (NASDAQ: MU) will unveil their latest numbers this month. Broadcom is in the middle of a complicated attempt to acquire Qualcomm (NASDAQ: QCOM) in a more than $100 billion deal, and investors are no doubt […]
Here are four technology stocks with strong technical momentum to watch. Cree Inc. CREE, +2.71% had a big day Tuesday, exploding up out of a three-year base and gaining 9%, or $3.70, to close at $41.76 on extremely heavy volume of 6.3 million shares traded, more than four times its average volume. The move came […]
Semiconductor stocks just hit an all-time high, and some market watchers see new bigger gains in the cards from both a technical and fundamental perspective. The large semiconductor-tracking exchange-traded fund, the SMH, reached an all-time intraday high Wednesday as names like Advanced Micro Devices and Intel rose. The SMH has now logged a 12 percent advance in 2018, and a […]
As stocks sold off on Wednesday, CNBC’s Jim Cramer noticed a disturbing pattern occurring in the market. “The wrong stocks are going up,” the “Mad Money” host warned. “The universe of winners has gotten incredibly small.” Cramer could count the winning stocks — almost all involved in cloud-based functions in technology — on two hands. […]
Even after the short-lived correction in February, the market continues to reach dizzying new heights. That makes it particularly tough to find any real bargains, especially for value investors. Using a variety of metrics, the market looks expensive, and that will likely continue. But while it may be difficult, it isn’t impossible to find compelling […]
U.S. stock index futures pointed to a sharply lower open after news late Tuesday that White House chief economic advisor Gary Cohn has resigned. Dow Jones industrial average futures indicated an open of 300 points lower, while the S&P 500 futures implied a decline of more than 1 percent. Industrials stocks Caterpillar and Boeing fell more than 2 percent in […]
If achieving profit is a company’s goal then having healthy cash flow is most essential to its existence, development and success. This is because cash offers strength, vitality and flexibility to make investment decisions as well as the fuel to run its growth engine. Admittedly, investors flock to companies that earn profits, but even a […]
U.S. stocks meandered but finished mostly higher Tuesday as retailers and industrial companies rose. A jump in metals prices helped mining and materials companies. Asian markets jumped after the North Korean government said it was open to talks with the U.S. about ending its nuclear program. Stocks have edged higher over the last three days, […]
Gold prices finished with a loss on Monday, as pressure from a firmer U.S. dollar and gains in the stock market offset earlier haven support from jitters about a potential trade war and uncertainty for the European Union following Italy’s divisive election. April gold GCJ8, +0.29% shed $3.50, or 0.3%, to settle at $1,319.90 an […]
