Brown-Forman Q3 Earnings Beat, Implements Stock Split
Brown-Forman Corporation (BF-B – Free Report), the world’s leading producer and distributor of premium alcoholic beverages, came out with third-quarter fiscal 2018 results, wherein adjusted earnings of 44 cents rose 15.8% year over year and came ahead of the Zacks Consensus Estimate of 41 cents. Earnings per share for the quarter takes into account the five for four […]
Bear Of The Day: J2 Global (JCOM)
j2 Global, Inc. (JCOM – Free Report) is in a hot area of the market with cloud services and digital media, but this Zacks Rank #5 (Strong Sell) has missed on earnings the last four quarters. j2 Global is a mid-cap technology company with a market cap of $3.9 billion. It has two business segments: Cloud Services and […]
Trump’s Volley – Hoover’s Folly?
“You load sixteen tons, what do you get?Another day older and deeper in debtSaint Peter don’t you call me ’cause I can’t goI owe my soul to the company store” – Sixteen Tons by Tennessee Ernie Ford Shortly following Donald Trump’s election victory we penned a piece entitled Hoover’s Folly. In light of Trump’s introduction of tariffs […]
E Despite The Strong Economy And The Weak Dollar, The U.S. Inflation Rate Is Still Not Accelerating
The American economy is particularly strong this year and the job market is virtually fully employed. Adding to the range of the potential concerns over increasing inflation, the U.S. dollar has been unusually weak, which also tends to stoke inflation. Nonetheless, a glance at the following chart suggests that inflation rate has been rather stable […]
What Investors Need To Know About The Implications Of Trump’s Tariffs
A couple of days ago, I shared my view that President Trump’s tariff overtures are more than likely a negotiating tactic as he looks to tackle yet another of his campaign promises – international trade. The resignation of Gary Cohn on Tuesday, President Trump’s top economic adviser and the head of the National Economic Council, have certainly […]
Target Corp. Shares Down 4.78% After Yesterday’s Q4 Earnings Report
Shares of Target Corporation plunged 4.78% after the company, yesterday, failed to beat Wall Street’s estimates. Analysts were expecting that the retailer would report earnings per share (EPS) of $1.38, and $22.46 billion in revenues on Tuesday, March 6. Instead, the company reported a lower adjusted $1.37 EPS, but managed to surpass analysts’ estimates by […]
Silver Soared, So It’s Bullish, Right? Wrong
It’s been only a couple of days since Thursday, when we closed our short positions and we have already seen a sizable rally in gold and silver. In fact, yesterday’s upswing was so significant that both precious metals already moved to the target areas that we featured on Monday, even though they were “scheduled” to move […]
Nearly All Of The Crypto Market Is In The Red
In the first half of today’s trading, nearly all the major cryptocurrencies have moved into negative territory. According to CoinMarketCap, 95 out of the top 100 cryptocurrencies (in terms of market cap) are now trading down compared to yesterday. As a result, the total market cap of the cryptocurrency market has dropped by 31bn USD […]
E Shake Shack: Impressive Expansion But Profit Concerns Weigh
Shake Shack (SHAK) is an casual restaurant chain based in New York City featuring designer shakes, burgers, and other quick-style food. As an investment, it has traded at a premium valuation for some time, and is currently in the middle of a 52-week range: Source: Yahoo Finance What we like about the name is that it […]
Trump Plays With Fire On Trade
With his announcement last week of broad tariffs on imported steel and aluminum, President Trump launched what could be the first salvo of an all-out global trade war. Seemingly itching for a fight, he gleefully tweeted that “Trade wars are good, and easy to win.” It seems like Trump thinks the conflict will play out […]
