It’s amazing when analysts seem to know what a stock price will be a week, a month and even sometimes a year from now. But because they aren’t mind readers and don’t own any (to our knowledge) crystal balls it’s hard to determine how accurate these readings can be. Today’s article discusses this dilemma. Here’s how they describe what analysts need to do, “To come up with their individual estimates, these analysts have to project what a company’s business will look like a year from now, typically focusing on its earnings, among other factors. Then they need to account for how much investors will be willing to pay for those earnings. In other words, after forecasting a company’s earnings — which is the “e” in a stock’s price/earings ratio — analysts have to determine the price (or “p”) that investors will assign that company.” To read more, CLICK HERE.
Today’s article discusses several stocks that they claim are set to blast off. Here’s how they found them, “For the uninitiated, “Rocket Stocks” are our list of companies with short-term gain catalysts and longer-term growth potential. To find them, I run a weekly quantitative screen that seeks out stocks with a combination of analyst upgrades and positive earnings surprises to identify rising analyst expectations, a bullish signal for stocks in any market. After all, where analysts’ expectations are increasing, institutional cash often follows. In the last 300 weeks, our weekly list of five plays has outperformed the S&P 500’s record run by 79.78%.” To check out the stocks, CLICK HERE.
“May the odds be ever in your favor,” that line may be from the wildly popular franchise The Hunger Games but it also sounds like the phrase we should hear when we drop in our hat in the stock market. Today’s article discusses how the Dow’s performance historically for the month of June is less than spectacular and will either be down or up, it’s a slightly worse than 50/50 chance. Here’s what they had to say, “It’s often said that it makes sense to stay in the stock market because it goes up more than two-thirds of the time, if not more. But that’s not the case in June. If you look at performance of the blue-chip stock gauge going back 100 years, the Dow has posted positive returns in June just 49% of the time, according to Bespoke.” To read more, CLICK HERE.
Today’s article discusses a stock that sky rocketed 10,000% in just a few hours. What happened? What stock was it? And will investors get their earnings? Here’s what they had to say about the stock,”…Riviera Tool (RIVT), a machining company based in Grand Rapids, Mich. The Detroit Free Press reported Wednesday night that electric-car maker Tesla Motors (TSLA) plans to acquire Riviera Tool, and its stock went through the roof in over-the-counter trading.” To read more, CLICK HERE.
Today’s article explains why McDonald’s, the great and powerful stock, may be slipping and another fast food chain may be poised to do better. Here’s what they had to say, “Sonic is using its growing cash flow to aggressively expand into new regions of the United States. Sonic operates approximately 3,500 locations, the bulk of which are concentrated in the South, meaning there’s plenty of room left for future unit growth. This is why Sonic expects mid-single digit comparable sales growth this year. Earnings per share will benefit from this, and also from the company’s aggressive share buyback program.” To read more, CLICK HERE.