Month: July 2020

K12 Inc.’s (NYSE:LRN) price-to-earnings (or “P/E”) ratio of 80x might make it look like a strong sell right now… …read more […]

The European Union is reportedly in talks to make advance purchase deals of potential COVID-19 vaccines with drugmakers Moderna (MRNA), Sanofi (SNY) and Johnson & Johnson (JNJ) as well as biotech firms BioNtech (BNTX) and CureVac.The most advanced talks appear to be those with Johnson & Johnson and Sanofi because the EU is already discussing details on the number of doses needed, Reuters reported. With U.S. giant Johnson & Johnson, the EU is negotiating a supply of 200 million doses of its potential vaccine, the Reuters report said, adding that additional supplies may also be available.“We are in talks …read more […]

Healthcare costs, Social Security and lifestyle choices should be considered before you act on an early retirement offer. …read more […]

It’s that time of year again. Earnings season is in full swing, and investors are bracing for some bad news as companies report their second quarter results. Ahead of the upcoming prints, the Street is calling for a sharp profit decline as a result of the COVID-19 pandemic and the heavy blow it dealt to the economy. While the results could be rough for many, the pros from RBC Capital argue that the health crisis has altered consumer behavior for the foreseeable future. To this end, the investment firm, which lands within the top four on TipRanks’ list of …read more […]

Lockheed Martin (LMT) has won a $15 billion contract to supply the U.S. Air Force with its C-130J Hercules transport aircraft.The contract was awarded for the development, integration and production of all the four variants of the military transport aircraft. The U.S. Air Force said that the contract is for an indefinite quantity and indefinite delivery. Work, which will be performed at Lockheed’s plant in Georgia, is expected to be completed July 16, 2030.The C-130J aircraft can carry tons of supplies more than 3,000 miles and deliver “the last mile” to remote operating bases, keeping trucks off dangerous highways. It …read more […]

The aftermath of the coronavirus recession has split America in two: Those who have emerged from the crisis still financially intact versus others who are shaken. …read more […]

Indian Oil Corp Ltd’s 300,000 barrels per day refinery on the country’s east coast to be shut for three weeks for maintenance, the top district administrative official told Reuters on Sunday. “The Indian Oil refinery in Paradip will remain shut from July 25 to August 15 for maintenance,” said Sangram Keshari Mohapatra, the top bureaucrat in the district of Jagatsinghpur, where the refinery is located. …read more […]

Shares in Nikola Corp. (NKLA) plunged almost 15% in extended market trading on Friday as the maker of hydrogen-fueled vehicles filed an offering to sell 23.9 million shares of common stock.The stock dropped to $41.78 in after-market trading on Friday. According to the SEC filing, the 23,9 million shares of common stock are issuable upon the exercise of 890,000 warrants originally issued in a private placement in connection with the initial public offering of VectoIQ and up to 23 million shares. The company expects to receive $11.50 per warrant and generate up to $274.7 million from the exercise of the …read more […]

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […] …read more […]

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […] …read more […]

We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […] …read more […]

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* Insider buying can be an encouraging signal for potential investors. * Insiders at biotechs took advantage of initial and secondary public offerings. * Notable insider purchases were also seen at some industrial companies.Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit. So insider buying can be an encouraging signal for potential investors, particularly during periods of uncertainty.Insiders continued to add shares despite overall market volatility and economic uncertainty. Here are some of the most noteworthy …read more […]

* This weekend’s Barron’s cover story presents the publication’s latest annual ranking of the best annuities. * Other featured articles look at dividend aristocrats roaring back, the political considerations for vaccine makers and retail stocks bucking the trend. * Also: the prospects for index providers, an internet holding company a big bank and more.Cover story “The Best Annuities” by Karen Hube presents a look at the best of what the industry has to offer. For its latest annual ranking, Barron’s compiled 100 of the best annuities based on assumptions such as age, gender, size of investment and time …read more […]

* Benzinga has examined the prospects for many investor favorite stocks over the past week. * This week’s bullish calls included the electric vehicle leader and a COVID-19 vaccine hopeful. * Entertainment stocks dominated the week’s bearish calls.As the effects of the pandemic continued to dominate the headlines, the Dow Jones industrial average and the S&P 500 ended the week marginally higher, while the Nasdaq slipped about 1%.It was a week in which investors were keeping an eye on Warren Buffett — and the big banks kicked off the dreaded new earnings season with mixed results. A …read more […]