Celestica Inc. Breaks Out to All-Time High: Can It Keep Going?
By Leslie N. Masonson, MBA Celestica Inc. (CLS), is a NYSE-listed firm incorporated in 1996 headquartered in Toronto, Canada. Therefore, American investors are probably not familiar with this company which doesn’t get coverage in the U.S. financial media. Because of its future prospects based on its growing earnings and 85% price appreciation over the past year, investors should keep [...]
Foot Locker Steps Back on Guidance After Another Bad Quarter: With FL Down 30%, Is It Time to Sell?
Foot Locker (FL) investors were in for a rude awakening this Wednesday morning as the company reported fiscal second-quarter earnings that featured another step backward on the full-year guidance. While the company’s earnings were right on target with what analysts were looking for (4 cents adjusted), revenue slid below the analyst consensus ($1.86 billion compared to $1.88 billion expected). [...]
Lowes Struggles With Dwindling Sales, But Reaffirms Full-Year Outlook: Time to Buy the Stock?
Lowes (LOW) reported second-quarter earnings in Tuesday morning’s trading session. So far, the news has sent shares more than 4% higher as the company may be suffering from a setback in sales but remains optimistic and upheld its full-year outlook. Revenue for the fiscal second quarter came in at $24.96 billion, which was just shy of the $24.99 billion [...]
Can You Time The Market? YES!!
By Steve Chappell, Global Head of Trading Systems Development for VectorVest, Inc. It has always been ironic to me that seemingly everyone on Wall Street says, “You can’t time the market,” and then proceeds to make predictions about its future. Somewhere along the way, market timing became a myth, or worse, a total investing taboo. So, you’d be forgiven for [...]
Palo Alto Networks Gains 15% After Upbeat Earnings & Forecast: Should You Buy This Stock?
Over the past month or so, shares of Palo Alto Networks (PANW) had fallen more than 15%. Analysts and investors alike sent the stock into a downward spiral, overreacting after the company scheduled its earnings call for a Friday. There is no question that this is a rare occurrence, but investor sentiment can be a fickle beast. All it [...]
SELLING STOCKS SHORT
Written by: Angela Akers The US Fed meeting minutes were released this week and they were more hawkish than anticipated causing interest rate concerns to resurface. Additionally, the global economic concerns that have permeated the last several weeks intensified this week with more bad news for China, the world’s second-largest economy. So, we’ve experienced another downtrodden week in the [...]