Month: April 2020

By Anna Edney April 30, 2020, 6:17 AM PDT Updated on April 30, 2020, 7:32 AM PDT  Commissioner Hahn says agency wants to see totality of data  Several different pathways available for review, Hahn says Remdesivir Photographer: Ulrich Perrey/AFP via Getty Images The Food and Drug Administration is moving at “lightning speed” to review data on Gilead Sciences Inc.’s
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Wall Street expects a year-over-year increase in earnings on lower revenues when Novavax (NVAX) reports results for the quarter ended March 2020. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.  Save
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In line with my previous prediction, Netflix (NASDAQ:NFLX) reported strong first-quarter results on April 21. As I’ve noted previously, the company will probably benefit from the recession and continued fears about the coronavirus. As a result, I remain very bullish on NFLX stock. Source: sitthiphong / Shutterstock.com The company’s Q1 revenue came in slightly above
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United Airlines (NASDAQ:UAL) has witnessed significant volatility in the recent past. At the peak of the novel-coronavirus-driven market meltdown, UAL stock plummeted to $17.8. Source: NextNewMedia / Shutterstock.com Expansionary monetary policies and the stimulus package boosted market sentiments and the stock surged to $36.6. However, with the expectation of slow recovery for the airline industry,
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Gilead (NASDAQ:GILD) isn’t a member of the Dow Jones Industrial Average, but reports out today that the company’s drug remdesivir is proving effective in treating the novel coronavirus were one reason why broader equity benchmarks surged. Source: Provided by Finviz The S&P 500 jumped 2.66%. The Dow Jones Industrial Average tacked on 2.21% Save Up
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  General Electric reported Wednesday a steep declines in first-quarter revenue and earnings as the industrial giant took a hit amid the coronavirus pandemic. The company posted a total revenue of $20.524 billion, which represents a year-over-year decline of 8%. GE Industrial profits fell 46% year over year to $1.096 billion from $2.017 billion. On
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Stocks are looking past the gloom of deeply recessionary economic news and finding hope in a reopening economy and the idea that drugs may ultimately be able to help fight the coronavirus. The market bounded higher Wednesday on a combination of what look like ‘green shoots,’ the most hopeful of which were reports of  Gilead’s
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Latest Stocks to Buy Updates: Loop Capital: Buy Netflix Stock on Subscriber Growth [Wednesday, April 29, 4:35 p.m.]Contributed by Sarah Smith In his daily column, InvestorPlace’s Bret Kenwell wrote that one analyst is particularly bullish on Netflix (NASDAQ:NFLX) stock. Loop Capital’s Alan Gould reiterated his “buy” rating, assigning a new price target of $500. That implies more
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[Editor’s note: “6 Monthly Dividend Stocks to Buy” was previously published in December 2019. It has since been updated to include the most relevant information available.] Most dividend stocks pay their shareholders quarterly, but a few dividend-yielding stocks offer monthly distributions.   Save Up to 50% off on Vegas Shows, Tours & Attractions! The group is small:
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[Editor’s Note: “Even as Penn National Gaming Stock Rebounds, Consider Other Casino Plays” was originally published April 17, 2020. It is regularly updated to include the most relevant information.] Source: Jeffrey J Coleman / Shutterstock.com Should you buy Penn National Gaming (NASDAQ:PENN) stock? Shares have rebounded in recent weeks, as investors shake off novel coronavirus concerns,
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  Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said Wednesday that positive news from Gilead Sciences about a potential treatment for the coronavirus marked a turning point in the fight against Covid-19.  CLX Custom Gaming Desktops Starting @ $598 “What I regard this as is the beginning of the end of the true nightmare, which is
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A cash flow machine, a real estate investment trust, and a Dividend King can go a long way in bringing diversity and income to your portfolio. Howard Smith (TMFBuilt2Last) Apr 29, 2020 at 7:45AM Investments that pay, and grow, dividends can be a reliable path to creating long-term wealth. Retirees may want dividends for current
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