Author Archive: Jeremy Parkinson
Analysts Are Optimistic On GoDaddy Inc.’s Growth Potential Heading Into Earnings
GoDaddy (NYSE: GDDY) released it’s Initial Public Offering on April 1 and raised about $460 million with an IPO price of $20. Following the stock’s public debut, shares jumped 30%. Shares of the website-hosting provider have since decreased slightly, but analysts remain bullish on potential growth. Shares of GoDaddy last closed at $24.88. GoDaddy has been […]
Actavis Tops 1Q Earnings By Wide Margin, Provides Outlook
Actavis plc’s (ACT – Analyst Report) first quarter 2015 earnings came in at $4.30 per share, beating the Zacks Consensus Estimate of $3.84 per share by a huge margin and increasing 23.2% from the year-ago period. Actavis Inc. – Earnings Surprise | FindTheCompany Revenues for the reported quarter came in at $4.23 billion, up 59% from the year-ago […]
Buy Silver Or You Will Die
It’s the news everyone dreads—a call from the hospital. And it’s about one of the most important people in the world… Your mother. [Every ALL-CAPS ITEM below contains silver or is required in its use.] You hear the nurse talking urgently through your TELEPHONE and you realize it’s serious… You grab your REMOTE CONTROL and […]
With Only 10% Of Companies Left To Report, Where Does S&P 500 Q1 Earnings Growth Stand?
In typical fashion, the retailers wrap up the earning season. That procession begins this week when several department stores report their first quarter results. The S&P 500 multi-line retailers have struggled in the last couple of quarters, but this season they are expected to put up earnings per share (EPS) growth of 9.5%, and revenue […]
IMF Works On Contingency Plans For Greek Default; Greece Says Deal Difficult; Timeline Of Obligations
Schaeuble Warns Defaults Can Surprise As negotiations head down to the wire, Schaeuble repeats a message he gave a month ago Defaults Can Surprise. German Finance Minister Wolfgang Schaeuble warned that sovereign defaults can catch officials off guard as Greece prepares for a finance ministers’ meeting Monday with the European Central Bank threatening to tighten the […]
The Best Of The IBD 50
A lot of you are subscribers to Investors Business Daily and follow the IBD50 selections. This morning I used Barchart to sort the IBD50 stocks to see which ones had the highest technical buy signals. Today’s list includes: Paycom Software,CDK Global,Criteo,Valeant Pharmaceutical International and Universal Insurance Holdings. Paycom Software Barchart technical indicators: 100% Barchart technical buy signals Trend […]
Weekly Market Review – Week Ending 5/8/2015
Macro The non-farm jobs report was remarkably close to the consensus estimate. Last week we noted Barron’s calling for 212,000 with the actual print coming at 223,000. As the title of this post implies, on the surface it looks like a Goldilocks number. Fed Governor Charles Evans talked during the week (before the report) and […]
Bull Of The Day: New Oriental Education & Technology
After an excellent quarterly performance, estimates for China’s top tutoring company have been on the uptrend, sending the stock back to Zacks rank #1 (Strong Buy) last week. About the Company Founded in 1993, New Oriental Education & Technology Group ((EDU – Snapshot Report)) is the largest provider of private educational services in China with about 20.8 million student […]
DISH Network Beats Q1 Earnings, Revenues In Line
DISH Network Corp. (DISH – Analyst Report) declared first-quarter 2015 financial numbers wherein earnings beat the Zacks Consensus Estimate while revenues were in line with the mark. Quarterly net income came in at $351.5 million or 76 cents per share compared with net income of $175.9 million or 38 cents in the year-ago quarter. Earnings also surpassed the […]
Bubble Trouble In Nasdaq’s Baby Tech Companies
By Daniel C. Roarty, CFA, AllianceBernstein Are technology stocks in a bubble? Opinions differ. But the sector’s startup baby boom and the rich valuations being showered on so many fledgling firms are worrying. It is important to be more discriminating when investing in disruptive innovation today. The tech investing scene has never been more youth obsessed. […]
