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India to invest $1.46 trillion to lift virus-hit economy
India to invest $1.46 trillion to lift virus-hit economy
| August 15th | 2020  1:26AM
India to invest $1.46 trillion to lift virus-hit economy
NEW DELHI (AP) — India’s prime minister said Saturday his country has done well in containing the coronavirus pandemic and announced $1.46 trillion infrastructure projects to boost the sagging economy. The key lesson India learnt from the pandemic is to become self-reliant in manufacturing and developing itself as a key supply chain destination for international companies, Prime Minister Narendra Modi said.
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California heat spurs 1st rolling power outages since 2011
California heat spurs 1st rolling power outages since 2011
| August 15th | 2020  1:10AM
California heat spurs 1st rolling power outages since 2011
LOS ANGELES (AP) — California on Friday ordered rolling power outages for the first time since 2011 as a statewide heat wave strained its electrical system. The California Independent System Operator (California ISO), which manages the power grid, declared an emergency shortly after 6:30 p.m. and directed utilities around the state to…
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Trump orders Chinese owner of TikTok to sell US assets
Trump orders Chinese owner of TikTok to sell US assets
| August 14th | 2020  9:18PM
Trump orders Chinese owner of TikTok to sell US assets
WASHINGTON (AP) — President Donald Trump on Friday gave the Chinese company ByteDance 90 days to divest itself of any assets used to support the popular TikTok app in the United States. Trump’s executive order said there is “credible evidence that leads me to believe that ByteDance … might take action that threatens to impair the national…
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Ponzi king Madoff's brother released from home confinement
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| August 14th | 2020  7:17PM
Ponzi king Madoff's brother released from home confinement
WASHINGTON (AP) — The younger brother of Ponzi king Bernard Madoff has been released from home confinement and from federal custody, the Bureau of Prisons said Friday. Peter Madoff, who had served about nine years of his sentence, was released from home confinement on Thursday, said Justin Long, a spokesman for the federal Bureau of Prisons.
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After brief trade truce, US slaps levy on Canadian aluminum
Donald Trump
| August 14th | 2020  6:54PM
After brief trade truce, US slaps levy on Canadian aluminum
WASHINGTON (AP) — After more than two years of browbeating and trade sanctions on Canada and Mexico, President Donald Trump strong-armed the United States’ neighbors into agreeing to supplant a 25-year-old North American trade agreement with one of his own. His pact, meant to update the old deal and encourage more manufacturing in the…
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Opko Health (NASDAQ: OPK) Stock: Multiple Expansion Breakout Forming
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| August 14th | 2020  7:00AM
Opko Health (NASDAQ: OPK) Stock: Multiple Expansion Breakout Forming
Diversified healthcare company Opko Health (NASDAQ: OPK) shares have recently surged to 2018 highs at $6.47 from lows of $1.12 pandemic lows when the S&P 500 index (NYSEARCA: SPY) plunged (-34%) into March 2020. The diagnostic and pharmaceutical company has been a benefactor of the COVID-19 pandemic by providing lab testing capacity to public and private sectors through its BioReference Laboratories subsidiary.
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Ayro May Be the Right Stock For The Wrong Time
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| August 14th | 2020  7:00AM
Ayro May Be the Right Stock For The Wrong Time
When investors talk about an electric vehicle bubble, you hear names like Tesla (NASDAQ:TSLA), Nio (NYSE:NIO) and Nikola (NASDAQ:NKLA). And investors who are speculating in Ayro (NASDAQ:AYRO) would agree.  Despite being up at times, AYRO stock is down 15% for the year. But in fairness, Ayro is not really comparable to full-size electric vehicles (EVs).
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SolarEdge Technologies (NASDAQ:SEDG): Bright Days Ahead for Investors?
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| August 14th | 2020  6:05AM
SolarEdge Technologies (NASDAQ:SEDG): Bright Days Ahead for Investors?
The renewable energy sector has shown a lot of promise in recent years but has yet to reach its full potential. However, with more people interested in environmental conservation efforts than ever before and cutting-edge new technology coming to light, alternative energy has the potential to explode in the coming years. Solar prices are becoming more…
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Why Chefs' Warehouse Stock Should be on Your Buy Menu
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| August 14th | 2020  6:00AM
Why Chefs' Warehouse Stock Should be on Your Buy Menu
Many investors looking for ways to play the economic recovery have turned to the beaten down restaurants. The industry has been particularly hard hit during the pandemic, but optimism around reopening have lifted the group in recent weeks. With valuations for many restaurant stocks hovering around record lows, companies like Brinker International…
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Brookfield Asset Management (NYSE:BAM) Is A Safe Buy For Dividend-Growth Investors
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| August 14th | 2020  5:30AM
Brookfield Asset Management (NYSE:BAM) Is A Safe Buy For Dividend-Growth Investors
Brookfield Asset Management Is The Leading Real Asset Manager Real Assets, despite a surge of popularity in recent years, are still an under-loved asset class. Real Assets include things like real estate, natural resources, and infrastructure; asset classes that tend to outperform in market downturns and provide investors with steady, predictable returns.
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Is Canopy Growth or Tilray the Better Cannabis Stock?
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| August 14th | 2020  5:00AM
Is Canopy Growth or Tilray the Better Cannabis Stock?
With earnings season in full swing, it’s time to start looking at winners and losers. In the case of cannabis stocks, investors are still looking at a case of low demand and oversupply. At the end of 2018, the marijuana bubble vaporized. And since then, cannabis stocks have struggled to find direction. At every stage, it’s been one delay…
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Forget College Football and Buy DraftKings Stock Anyway
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| August 14th | 2020  5:00AM
Forget College Football and Buy DraftKings Stock Anyway
What a difference one month makes. 30 days ago, the forecast for DraftKings (NASDAQ:DKNG) was looking like a bad poker hand. But putting aside the very real possibility that there will be no college football in 2020, DKNG stock looks like a buy. Since going public in 2019, DKNG stock has climbed over 260%. And in mid-July it the stock dropped nearly 20% as investors began to separate facts from fiction.
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Four (4) Reasons Autozone (NYSE:AZO) Is A Buy Before It Reports Earnings
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| August 14th | 2020  1:00AM
Four (4) Reasons Autozone (NYSE:AZO) Is A Buy Before It Reports Earnings
Autozone Is Firing On All Cylinders There is so much to like about Autozone (NYSE:AZO) right now I am not sure where to start. The company is a leader in the after-market car industry, is supported by strong trends within the industry, it's looking at growth this year and next year, and is set up to beat the consensus when it reports in a few weeks.
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Sonoco’s (NYSE: SON) Operational Chops Give Shares Solid Long-Term Upside
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| August 14th | 2020  1:00AM
Sonoco’s (NYSE: SON) Operational Chops Give Shares Solid Long-Term Upside
Sonoco Products (NYSE: SON), which manufactures and sells industrial and consumer packaging products, has managed its business exceptionally well throughout the pandemic and looks set to thrive in a post-COVID world. Here’s an overview on recent performance: In Q2 2020, Sonoco’s net sales were $1.245 billion, down around 8% yoy. Its base…
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Autodesk Struggles To Break Resistance - Pullback Coming?
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| August 14th | 2020  1:00AM
Autodesk Struggles To Break Resistance - Pullback Coming?
The more you knock on a door that’s not being answered, the more likely you are to turn around and walk away. From a technical perspective it’s similar with stocks when they’re trying to get past a certain level of resistance. The longer they spend trying, and failing, to get through, the more likely they are to turn down. That’s…
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Applied Materials (NASDAQ:AMAT) Is Another 2nd-Half Winner You Need To Own
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| August 14th | 2020  1:00AM
Applied Materials (NASDAQ:AMAT) Is Another 2nd-Half Winner You Need To Own
There’s 20% Upside For Applied Materials, At Least It wasn’t all that long ago that analysts at Wedbush and Bank American issued some very bullish comments on the tech-sector. Wedbush said they see another 20% to 30% upside for secular tech-winners. The shift to digital accelerated with the onset of COVID and that shift means revenue and profits for the established and proven tech-leaders.
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Dillard's (NYSE: DDS) Stock Still a Buy Thanks to Cost Containment
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| August 14th | 2020  1:00AM
Dillard's (NYSE: DDS) Stock Still a Buy Thanks to Cost Containment
Just over a week ago, we pointed out that Dillard's (NYSE:DDS) was a bargain buy thanks in part to diminished expectations for a retailer in the second quarter of 2020. This might easily have been the worst quarter for retail ever, including even the Great Depression because at least then stores weren't required to close by government mandate. Dillard's…
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Bed Bath & Beyond Is A Turn-Around Play In Action
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| August 13th | 2020  7:00AM
Bed Bath & Beyond Is A Turn-Around Play In Action
Bed Bath & Beyond Embraces eCommerce Bed Bath & Beyond (NASDAQ:BBBY) is no fantastic stock, at least it hasn't been. Over the past few years, it has seen its share prices wind down to a two-decade low as eCommerce and discount shopping cut into revenue. When the pandemic struck, the company was on the verge of a major turnaround that, quite frankly, never really had a chance to get off the ground.
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Funko Pop (NASDAQ: FNKO) Stock is a Buy on Collectors Market Restart
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| August 13th | 2020  6:05AM
Funko Pop (NASDAQ: FNKO) Stock is a Buy on Collectors Market Restart
Pop culture toymaker Funko Pop (NASDAQ: FNKO) shares were already suffering prior to the COVID-19 pandemic plunge in February 2020 that plunged the S&P 500 index (NYSEARCA: SPY) by (-34%) in March 2020. We outlined opportunistic pullback levels in previous Funko Pop Shares Have More Upside article published June 8th. Funko shares hit a low as $3.12 per share before recovering back to $6.40s into Q2 2020 earnings.
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Zacks Investment Research Lowers Mesoblast (NASDAQ:MESO) to Hold
MGE Energy (NASDAQ:MGEE) Raised to "Buy" at Zacks Investment Research
Myovant Sciences (NYSE:MYOV) Upgraded to Hold by Zacks Investment Research
Nabriva Therapeutics (NASDAQ:NBRV) Lowered to "Hold" at Zacks Investment Research
Tata Motors (NYSE:TTM) Cut to "Sell" at UBS Group
Outfront Media (NYSE:OUT) Given Buy Rating at Barrington Research
Barrington Research Reiterates "Buy" Rating for Franklin Covey (NYSE:FC)
Obseva's (OBSV) "Buy" Rating Reaffirmed at Wedbush
Exelixis (NASDAQ:EXEL) Given Buy Rating at William Blair
Apple's (AAPL) Hold Rating Reiterated at Sanford C. Bernstein
TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) Given Buy Rating at KeyCorp
Collegium Pharmaceutical (NASDAQ:COLL) Now Covered by Analysts at Needham & Company LLC
Applied Industrial Technologies' (AIT) "Buy" Rating Reiterated at Longbow Research
Farfetch (NYSE:FTCH) Stock Rating Reaffirmed by Bank of America
Aerie Pharmaceuticals (NASDAQ:AERI) Now Covered by Analysts at Needham & Company LLC
FormFactor (NASDAQ:FORM) Given Buy Rating at B. Riley
First Busey (NASDAQ:BUSE) Earns "Hold" Rating from Raymond James
LexinFintech (NASDAQ:LX) Rating Increased to Hold at Zacks Investment Research
James River Group (NASDAQ:JRVR) Rating Increased to Buy at Zacks Investment Research

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Analyst Ratings

CompanyBrokerageAction
Cidara Therapeutics Inc logo
CDTX
Cidara Therapeutics Inc
Needham & Company LLCInitiated Coverage
at $6.00
Aerie Pharmaceuticals Inc logo
AERI
Aerie Pharmaceuticals Inc
Needham & Company LLCInitiated Coverage
at $26.00
Collegium Pharmaceutical Inc logo
COLL
Collegium Pharmaceutical Inc
Needham & Company LLCInitiated Coverage
at $34.00
Tata Motors Limited logo
TTM
Tata Motors Limited
UBS GroupDowngrade
to Sell
Aptevo Therapeutics Inc logo
APVO
Aptevo Therapeutics Inc
Piper SandlerBoost Price Target
$24.00 ➝ $32.00
Boxlight Corp logo
BOXL
Boxlight Corp
Alliance Global PartnersBoost Price Target
$1.75 ➝ $2.75
Zoetis Inc logo
ZTS
Zoetis Inc
Edward JonesUpgrade
to Buy
MTBC, Inc logo
MTBC
MTBC, Inc
Colliers SecuritiesBoost Price Target
$12.50 ➝ $13.50
Marrone Bio Innovations Inc logo
MBII
Marrone Bio Innovations Inc
AegisBoost Price Target
$1.40 ➝ $1.65
Satsuma Pharmaceuticals logo
STSA
Satsuma Pharmaceuticals
Credit Suisse GroupBoost Price Target
$32.00 ➝ $33.00
Tenet Healthcare Corp logo
THC
Tenet Healthcare Corp
TruistBoost Price Target
$21.00 ➝ $30.00
II-VI, Inc. logo
IIVI
II-VI, Inc.
DA DavidsonBoost Price Target
$45.00 ➝ $60.00
See All Analyst Ratings

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