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Trading Ideas

Hedge Funds Watching Rockwell Medical Inc (RMTI) From Afar

We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds’ and investors’ portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […] …read more […]

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Business News

Tech weakness weighs on S&P 500, Nasdaq

A selloff in technology stocks dragged on the S&P 500 and Nasdaq on Wednesday, with investors also cautious about brewing U.S.-China tensions at a time when policymakers are attempting to revive the global economy from a coronavirus-driven slump.

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Trading Ideas

Exxon Shareholders Vote Against Splitting Chairman, CEO Roles

(Bloomberg) — Exxon Mobil Corp. shareholders voted against separating the roles of chairman and chief executive officer as the oil giant navigates a historic collapse in crude prices.Just 33% of investors backed the proposal to create an independent chairman position, compared with 41% last year. Proxy advisers Glass Lewis & Co. and Egan-Jones Proxy Services had recommended that shareholders vote in favor of the plan.Pressure for Exxon to appoint an independent chairman, separate to the CEO, has been building for years. Exxon beefed up the powers of its lead director earlier this year in response to some shareholders’ concerns.Some investors, …read more […]

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Trading Ideas

Tesla’s Price Cuts Signal Demand Is Weaker Than Shares Suggest

(Bloomberg) — Tesla Inc.’s overnight price cuts suggest the coronavirus is putting a bigger damper on demand than has been reflected in the electric-car maker’s share price, two analysts said.The $5,000 reductions for the Model S and X and $2,000 cut for the Model 3 were an “acknowledgment that Tesla isn’t immune to material North American demand weakness,” Craig Irwin, an analyst at Roth Capital Partners, said in a report Wednesday.“With the stock trading in the stratosphere,” Roth wrote, “the key question is, ‘Can Tesla continue to deliver an interesting growth rate in the U.S.?’”Credit Suisse’s Dan Levy said the …read more […]

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Trading Ideas

Best Casino Stocks to Watch Right Now

Casino stocks are contagious amongst investors for many reasons. Gambling is as good a business model as you can find right? In fact, the house always wins.
These businesses have strong earnings growth in most cases. Moreover, most of these stocks pay dividends to shareholders.
Read more below to learn about the benefits and drawbacks of investing in gambling companies. You will also find three of the best stocks in the industry, as well as one to keep a close watch on going forward.

Pros and Cons of Casino Stocks
Why is the casino industry such a popular investment? For starters, the economics are …read more […]