Category Archive: Finance
Omnicom (OMC) Beats On Q3 Earnings Despite Lower Revenues
Global marketing and corporate communications firm Omnicom Group Inc. (OMC – Free Report) reported relatively healthy third-quarter 2017 results on modest organic growth. Net income for the reported quarter was $286.9 million or $1.13 per share compared with $278.2 million or $1.06 per share in the year-ago quarter. The year-over-year increase in earnings despite lower revenues was primarily attributable […]
Homebuilder Sentiment Back On The Upswing
Homebuilder sentiment took a sharp turn higher this month, rising from 64 up to 68 and well ahead of consensus expectations for a reading of 64. While the magnitude of the beat seems large, there have been three other reports in the last year where sentiment saw as big or a bigger improvement relative to […]
Uncontrollable ERJ
Jet manufacturer Embraer has been doing well as a short this morning, dropping over 5% as of this moment. I’ve mentioned this one frequently on Tastytrade, as it’s one of my 43 shorts, and judging from past performance, I’d say it’s got plenty of more downside potential.
HH 10 Investment Mistakes Even Skilled Investors Make
Mistake #1: Only Planning for the Short Term The most successful investors have the ability to see beyond the first few days or weeks and look into how a particular stock or market will behave in the next year or two. This allows them to plant themselves firmly in assets that will accrue in both […]
Palladium And Rhodium Are On Fire, Is Platinum Next?
Platinum was once the most precious of metals. For decades, it traded at a premium to gold. The other platinum group metals – palladium and rhodium – barely registered on investors’ radar screens. Platinum lost its crown to gold in 2015. It was overtaken by the other Platinum Group Metals (PGM) metals in recent weeks. […]
All About Fund Flows?
To say that the stock market has become a low-volatility game this year is definitely an understatement. For example, it has now been two months since the last time the S&P 500 dropped by 1% or more and according to Ned Davis Research, this is now the longest stretch without even a 3% pullback since […]
Netflix Inc. Subscriber Growth Fuels Share Gains In After Market
Netflix Inc. (NFLX) released Q3 earnings yesterday, that had mixed results compared to analyst expectations but still gave shares a nice pop in the aftermarket on Monday. The company announced 29 cents per share in earnings on $2.98 billion in revenue while analysts were looking for $2.97 billion. What really impressed investors is the fact that […]
Billion Dollar Unicorns: Apttus Eyeing An IPO
According to Gartner, the Configure Price Quote (CPQ) application suites market is expected to grow 20% annually through 2015 to 2020, driven by the growth in cloud-based solutions. Billion Dollar Unicorn Apttus is a leading player in the space that is toying with the idea of going public yet again. Apttus’ Journey Apttus was founded in 2006 […]
EC The Winners Of The New World Redux
The New “Winners of the New World” Do you remember Jim Cramer’s February 29th, 2000 speech, “Winners of the New World? You want winners? You want me to put my Cramer Berkowitz hedge fund hat on and just discuss what my fund is buying today to try to make money tomorrow and the next day and […]
“Bank” Some Of Your Gains
Recently I read Jonathan Clements’ piece Enough Already. The basic idea was to encourage older investors who have made gains in the risk assets, typically stocks, though it would apply to high yield bonds and other non-guaranteed investments that are highly correlated with stocks. His pithy way of phrasing it is: If I have already won […]
