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VEON Stock Price and Research (Nasdaq: VEON)

VEON (Nasdaq: VEON) is a $5 billion company today. Investors that bought shares one year ago are sitting on a -29.36% total return. That’s below the S&P 500’s return of 13.35%.

VEON stock is underperforming the market. It’s beaten down, but it reports earnings soon. So is it a good time to buy? To answer this question we’ve turned to the Investment U Stock Grader. Our research team built this system to diagnose the financial health of a company.

Our system looks at six key metrics…

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✗ Earnings-per-Share (EPS) Growth: VEON reported a recent EPS growth rate of -22.7%. That’s below the …read more […]

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BofA’s Simple Answer for Sideways Stocks Amid Stellar Earnings

Bank of America Merrill Lynch has a disquieting solution to this vexing mystery: Why are markets struggling despite blockbuster earnings growth? “It’s late-cycle, profits are peaking, and the Fed is tightening,” according to a team led by chief investment strategist Michael Hartnett. Investors are too optimistic about the global expansion and the ability of economies to handle rising rates, Hartnett wrote in a May 6 note. …read more […]

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Why Your Kids Are Ignorant About Economics

Readers wasted no time sounding off last week about a 2016 Harvard Institute of Politics poll that found the majority of 18- to 29-year-olds in this country are opposed to capitalism.

Some blamed the nation’s underwhelming public education system.

But sometimes it’s basic common sense that’s in short supply.

Take Paul Krugman, for example.

Krugman is a distinguished professor of economics at the Graduate Center of the City University of New York, a former professor of economics at MIT and Princeton University, and a columnist for The New York Times.

No one would call him uneducated.

Yet his biweekly columns are filled with bizarre misstatements of …read more […]

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Oil surges on threat to Venezuela’s PDVSA, Iran worries

Oil prices rose to their highest levels since late 2014 on Monday, boosted by the latest troubles for Venezuelan oil company PDVSA and a looming decision on whether the United States will re-impose sanctions on Iran. Brent crude oil futures were at $75.81 a barrel at 10:20 a.m. EDT (1420 GMT), up 94 cents. U.S. West Texas Intermediate (WTI) crude futures rose 69 cents to $70.40, the first time since November 2014 that WTI had climbed above $70. …read more […]