Month: July 2020

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Apple to Outperform Q2 Estimates; Forecast Revenue and EPS of $55.1 Billion and $2.18: Morgan Stanley

July 26, 2020 admin Comments Off on Apple to Outperform Q2 Estimates; Forecast Revenue and EPS of $55.1 Billion and $2.18: Morgan Stanley

“June quarter results likely to outperform consensus estimates on the back of better than expected hardware sell-in. We currently forecast June quarter revenue and EPS of $55.1B and $2.18, 7% and 8% above current consensus estimates, respectively,” said Morgan Stanley. …read more […]

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The Next Move in Oil Prices May Be Down, Not Up

July 26, 2020 admin Comments Off on The Next Move in Oil Prices May Be Down, Not Up

(Bloomberg Opinion) — Oil’s recovery is being hit from both sides. Benchmark Brent crude prices have risen by 128% from their April low, remaining above $40 a barrel since the middle of June. But rising supply and faltering demand bode ill for those who want oil prices to keep climbing.The OPEC+ group of oil producers, who have implemented unprecedented output cuts since May, will soon begin to relax their restraint, adding more crude to a market that is also seeing the first signs of recovery in North American production.The group of 23 oil producing countries, led by Saudi Arabia and …read more […]

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How an HSA Could Transform Your Retirement

July 25, 2020 admin Comments Off on How an HSA Could Transform Your Retirement

In his State of the Market video yesterday, Chief Income Strategist Marc Lichtenfeld shared what he calls “the greatest savings secrets that no one talks about… hands-down my favorite savings and retirement tip.”
It’s a strategy he’s shared with you before – and it’s a solid route to a wealthy retirement that too many savers overlook.

Does this look familiar?
Marc is such a strong believer in the power of a health savings account (HSA) to transform your retirement that he wanted us to ensure it was the first thing his readers ever heard from him.
That’s why your very first email from Marc …read more […]

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Barron's Picks And Pans: Crispr, McDonald's, Nikola And More

July 25, 2020 admin Comments Off on Barron's Picks And Pans: Crispr, McDonald's, Nikola And More

* This weekend’s Barron’s cover story examines the prospects for electric truck makers. * Other featured articles look at companies seeking a cure for sickle cell, risks associated with mortgage REITs and a bubble forming in hydrogen fuel-cell stocks. * Also, the prospects for a troubled California utility, a tobacco pick, a fast-food giant and more.Cover story “Electric Trucks Are the Future. The Stocks Are for the Bold.” by Al Root suggests that though speculative fervor has sent shares of electric-truck makers like Nikola Corporation (NASDAQ: NKLA) soaring, competition is stiff and Tesla-like returns may prove elusive.Bill Alpert’s …read more […]

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Benzinga's Bulls And Bears Of The Week: Apple, Coca-Cola, Twitter And More

July 25, 2020 admin Comments Off on Benzinga's Bulls And Bears Of The Week: Apple, Coca-Cola, Twitter And More

* Benzinga has examined the prospects for many investor favorite stocks over the past week. * This week’s bullish calls included an iconic beverage stock and a cannabis stock. * The iPhone maker and the electric vehicle leader were among the week’s bearish calls.Overall, the second-quarter earnings have not been as bad as many had feared. Yet, last week’s employment numbers disappointed, U.S. relations with China remain on shaky ground, the pandemic continues to have an impact on everything from movie releases to big shopping events and the hurricane season is ramping up.The S&P 500 and the …read more […]