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With elective procedures delayed, UnitedHealth profit spikes
With elective procedures delayed, UnitedHealth profit spikes
| July 15th | 2020  7:55AM
With elective procedures delayed, UnitedHealth profit spikes
The nation’s largest health insurer more than doubled its second-quarter profit, as COVID-19 shutdowns kept patients out of doctor’s offices and off operating tables. UnitedHealth’s medical costs tumbled 11% to $34.68 billion with demand for care suppressed from the middle of March until May. Toward the end of the quarter, however, a more normalized levels of care was returning.
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Europe's shift to electric cars picks up despite recession
Europe's shift to electric cars picks up despite recession
| July 15th | 2020  7:43AM
Europe's shift to electric cars picks up despite recession
FRANKFURT, Germany (AP) — The coronavirus has cancelled business plans all over the world but Europe's push into electric cars isn't one of them. Sales of battery-powered and hybrid cars have held up better than the overall market amid a deeply painful recession, mainly thanks to the action of governments. The 27-country European Union…
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Sunrun Inc (NASDAQ:RUN) Stock: Bright Days Ahead for the Residential Solar Industry?
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| July 15th | 2020  1:00AM
Sunrun Inc (NASDAQ:RUN) Stock: Bright Days Ahead for the Residential Solar Industry?
Renewable energy is one of the more compelling industries to look at in the stock market at this time. Instead of using limited energy resources like fossil fuels to power cars and houses, there are companies that are fully focused on finding ways to use natural energy sources like wind, solar, and hydropower to power our daily lives. The result is products that don’t produce pollution and save consumers a lot of money.
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Pilgrim’s Pride (NYSE: PPC) Stock Turning into a Value Buy
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| July 15th | 2020  1:00AM
Pilgrim’s Pride (NYSE: PPC) Stock Turning into a Value Buy
Processed poultry products maker Pilgrim’s Pride (NYSE: PPC) shares have been punished in 2020 trading near the COVID-19 pandemic lows even after the benchmark S&P 500 index (NYSEARCA: SPY) made its recovery into July. Poultry farms have undergone a number of COVID-19 related problems ranging from plant shutdown, infected workers to China import restrictions.
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Wells Fargo (NYSE: WFC) In Serious Trouble As Dividend Slashed
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| July 15th | 2020  1:00AM
Wells Fargo (NYSE: WFC) In Serious Trouble As Dividend Slashed
In the world of public companies, there are few more ominous signs management can give to shareholders than the cutting of a dividend. And with an 80% cut on Tuesday as part of their Q2 results, Wells Fargo (NYSE: WFC) management was issuing a warning as much as they were issuing a quarterly report. Unsurprisingly, the results that came out in the…
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Colgate-Palmolive (NYSE: CL) Nears Breakout Point of 7-Year Base
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| July 15th | 2020  1:00AM
Colgate-Palmolive (NYSE: CL) Nears Breakout Point of 7-Year Base
Colgate-Palmolive (NYSE: CL) has been basing between around $60 and $75 a share for roughly the past seven years. Over that period, the stock has edged out of that base a few times, but the move always stalled out around $76-$78. Most recently, shares hit $76.94 in February, before markets tanked, sending Colgate down to $58.14 in a little over a month. Colgate…
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Denny’s (NASDAQ: DENN) Shares Entering Value Play Territory
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| July 14th | 2020  7:10AM
Denny’s (NASDAQ: DENN) Shares Entering Value Play Territory
Iconic diner restaurant chain Denny’s, Inc. (NASDAQ: DENN) shares have been suffering since peaking out at $14.96 post-pandemic on June 6, 2020. Shares have collapsed towards pandemic lows fading against the strength of the benchmark S&P 500 index (NYSEARCA: SPY). The relaxing of isolation mandates initially improved sentiment but the rise…
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Dollar Tree (NASDAQ: DLTR) Stock a Buy: The Perfect Recession Play
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| July 14th | 2020  7:00AM
Dollar Tree (NASDAQ: DLTR) Stock a Buy: The Perfect Recession Play
Although the stock market has been in a clear uptrend for months, there are plenty of valid concerns about the state of the U.S. economy at this point. Unemployment remains high and we are still learning about the true extent of the economic damage caused by lockdowns and the pandemic. In early June, the National Bureau of Economic Research officially declared that the U.S.
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Wendy’s (NASDAQ:WEN) Bounces Back, Consolidates Near Multi-Year Highs: Should You Look to Get In?
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| July 14th | 2020  1:00AM
Wendy’s (NASDAQ:WEN) Bounces Back, Consolidates Near Multi-Year Highs: Should You Look to Get In?
Wendy’s (NASDAQ: WEN) shares were sold off when markets started tanking in February, going from around $23 to $6.80 in less than a month. But shares quickly rebounded, approaching $20 a share just a month after hitting the lows. Since then, the stock has sat in a tight base between $20 and $22 a share. The restaurant industry has been one of…
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3 Surprising COVID Stocks That May Continue to Outperform
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| July 14th | 2020  1:00AM
3 Surprising COVID Stocks That May Continue to Outperform
It’s been a banner year for some stocks, particularly those that have been able to benefit from a global pandemic.  For instance, companies have quickly pivoted to remote working policies during the crisis, benefitting firms like Zoom Technologies (ZM) and Microsoft (MSFT). Pharmaceutical plays like Gilead Sciences (GILD) have gotten a…
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Mohawk (NYSE: MHK) Recovery Comes To An Abrupt End
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| July 14th | 2020  1:00AM
Mohawk (NYSE: MHK) Recovery Comes To An Abrupt End
For a while in recent months, things were looking good for investors of flooring manufacturer Mohawk Industries (NYSE: MHK). Despite taking a 60% whack from the coronavirus crash in Q1, shares had been steadily rallying since the lows of March and the outlook was as good as it had been in a long time. Through the start of June, shares more than doubled…
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JP Morgan’s (NYSE: JPM) Earnings Season Shocker, Business Isn’t That Bad
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| July 14th | 2020  1:00AM
JP Morgan’s (NYSE: JPM) Earnings Season Shocker, Business Isn’t That Bad
An Earnings Season Bellwether Blows Past Consensus If you were looking to the big banks and JP Morgan Chase (NYSE: JPM) as a bellwether indicator of earnings season let me assure you, the portents are good. JP Morgan reported top and bottom-line results that not only beat the consensus, but they also smashed right through them. The company says its…
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AT&T (NYSE: T) Continues To Flatline
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| July 14th | 2020  1:00AM
AT&T (NYSE: T) Continues To Flatline
For a non-travel or hospitality-related business, AT&T (NYSE: T) is certainly making hard work of its recovery from Q1’s crash. Granted, it’s not an e-commerce business or an obvious winner from the fast-growing work-from-home economy, but still, it’s a $200 billion telecommunications company whose shares are still down 25% from…
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HanesBrands (HBI) Keeps Improving its Fit, Looks Like a Solid Buy
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| July 14th | 2020  1:00AM
HanesBrands (HBI) Keeps Improving its Fit, Looks Like a Solid Buy
If you're looking for comfort in clothing, a great place to start is with HanesBrands (NYSE: HBI). If you're looking for a little more comfort in your portfolio, buying HanesBrands stock might be just the thing. We last took a look at this stock last week, and while things were already looking up back then, improvements in the fit of this stock have…
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Fastenal (NASDAQ:FAST), This Rally Is Far From Over
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| July 14th | 2020  1:00AM
Fastenal (NASDAQ:FAST), This Rally Is Far From Over
Don’t Underestimate This Market Shares of Fastenal (NASDAQ: FAST) have staged a stunning and largely underreported rebound since hitting their post-pandemic bottom. Supported by an equally stunning rebound in the housing data, Fastenal has seen its share prices advance 57% to exceed the pre-pandemic highs and set a new all-time high. With the…
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You Can Ignore Delta’s Earnings Report, But Don’t Buy the Fear Either
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| July 14th | 2020  1:00AM
You Can Ignore Delta’s Earnings Report, But Don’t Buy the Fear Either
Delta Air Lines (NYSE: DAL) reported earnings on July 14 and the results were dreadful. The airline reported a $5.7 billion loss in the second quarter. Not surprisingly, the stock is down 4% in early morning trading. Revenue for the quarter came in at $1.2 billion. That was a 91% decrease on a year-over-year basis. Delta is also cutting flights in response to the uptick in confirmed cases of the novel coronavirus.
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Ford Bronco: Just What Ford Needs to Make It a Buy (NYSE: F)
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| July 14th | 2020  1:00AM
Ford Bronco: Just What Ford Needs to Make It a Buy (NYSE: F)
Somewhere between “major international corporation,” “scrappy local success story”, and “beleaguered dinosaur” lies Ford (NYSE: F), a company that's been making history for decades but is increasingly under fire from a growing range of competitors. As other corporations have before it, it's turned to its past to inspiration on its future, and brought back the Ford Bronco.
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Is it Time to Short Tesla Stock ? (NASDAQ: TSLA)
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| July 14th | 2020  1:00AM
Is it Time to Short Tesla Stock ? (NASDAQ: TSLA)
Tesla (NASDAQ: TSLA) shares have raced ahead more than 250% year-to-date trailing only Zoom Video Communications (up 261%) among Nasdaq 100 constituents. While the move in Zoom stock makes intuitive sense given its connection to the pandemic economy, Tesla's surge is harder to accept. After all, we are in a recessionary economy with improving but…
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Stay Awake For Sleep Number’s (NASDAQ: SNBR) Earnings Report
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| July 14th | 2020  1:00AM
Stay Awake For Sleep Number’s (NASDAQ: SNBR) Earnings Report
Sleep Number (NASDAQ:SNBR) will report earnings after the market closes on July 15. The consensus opinion is for the company to report negative earnings of 76 cents per share. However, the whisper number suggests Sleep Number will beat that forecast with a “less bad” report of negative 67 cents per share on revenue of $226.45 million. Whether…
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Zacks Investment Research Upgrades PJT Partners (NYSE:PJT) to "Buy"
Zacks Investment Research Downgrades Park Hotels & Resorts (NYSE:PK) to Sell
Pretium Resources (NYSE:PVG) Rating Lowered to Sell at Zacks Investment Research
Zacks Investment Research Lowers Pennantpark Floating Rate Capital (NASDAQ:PFLT) to Sell
Premier (NASDAQ:PINC) Upgraded by Zacks Investment Research to "Hold"
U.S. Auto Parts Network (NASDAQ:PRTS) Upgraded by Zacks Investment Research to Buy
Prospect Capital (NASDAQ:PSEC) Downgraded by Zacks Investment Research
Woodward, Inc.Common Stock (NASDAQ:WWD) Cut to "Sell" at SunTrust Banks
Werner Enterprises (NASDAQ:WERN) Price Target Increased to $45.00 by Analysts at Barclays
Jefferies Financial Group Initiates Coverage on Protagonist Therapeutics (NASDAQ:PTGX)
Jefferies Financial Group Raises Liberty Global (NASDAQ:LBTYA) Price Target to $25.70
J B Hunt Transport Services (NASDAQ:JBHT) Price Target Raised to $115.00 at Barclays
Hub Group (NASDAQ:HUBG) Price Target Raised to $45.00
Apple (NASDAQ:AAPL) Price Target Raised to $450.00
Heartland Express (NASDAQ:HTLD) Price Target Raised to $19.00 at Barclays
Expedia Group (NASDAQ:EXPE) Price Target Increased to $85.00 by Analysts at Mizuho
Cytokinetics (NASDAQ:CYTK) Given New $29.00 Price Target at JMP Securities
Wells Fargo & Co (NYSE:WFC) Given New $33.00 Price Target at Barclays
Union Pacific (NYSE:UNP) Given New $165.00 Price Target at Barclays

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CompanyCurrent PricePrice Change
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AAPL
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FB
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Alphabet Inc logo
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Amazon.com, Inc. logo
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NVDA
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Alibaba Group Holding Ltd
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Micron Technology, Inc. logo
MU
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GE
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Tesla Inc logo
TSLA
Tesla Inc
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Advanced Micro Devices, Inc. logo
AMD
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T
AT&T Inc.
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Analyst Ratings

CompanyBrokerageAction
AlarmCom Hldg Inc logo
ALRM
AlarmCom Hldg Inc
Northland SecuritiesBoost Price Target
$58.00 ➝ $72.00
Kura Sushi USA logo
KRUS
Kura Sushi USA
BMO Capital MarketsLower Price Target
$21.00 ➝ $17.00
Blueprint Medicines Corp logo
BPMC
Blueprint Medicines Corp
Deutsche BankBoost Price Target
$85.00 ➝ $95.00
Boston Beer Company Inc logo
SAM
Boston Beer Company Inc
Deutsche BankBoost Price Target
$481.00 ➝ $540.00
Verrica Pharmaceuticals Inc logo
VRCA
Verrica Pharmaceuticals Inc
Bank of AmericaDowngrade
to Neutral
PVH Corp logo
PVH
PVH Corp
BMO Capital MarketsLower Price Target
$55.00 ➝ $52.00
First Republic Bank logo
FRC
First Republic Bank
Wells Fargo & CoBoost Price Target
$68.00 ➝ $85.00
General Mills, Inc. logo
GIS
General Mills, Inc.
GuggenheimBoost Price Target
$66.00 ➝ $72.00
Church & Dwight Co., Inc. logo
CHD
Church & Dwight Co., Inc.
ArgusInitiated Coverage
at Buy
Vipshop Holdings Ltd - logo
VIPS
Vipshop Holdings Ltd -
UBS GroupUpgrade
to Buy
Molson Coors Brewing Co logo
TAP
Molson Coors Brewing Co
Bryan, Garnier & CoUpgrade
to Buy
Coupa Software Inc logo
COUP
Coupa Software Inc
KeyCorpBoost Price Target
$320.00 ➝ $325.00
See All Analyst Ratings

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