TipRanks These 3 “Strong Buy” Stocks Are Top Picks for 2021, Say Analysts Some traditions are too time-honored to shirk, and on Wall Street, the annual ‘top picks’ are one. Usually made at the very end or very beginning of a year, the Street’s analysts publish reviews on the stocks they believe will show the best performance in coming months – their top picks. The analysts have been analyzing each stock carefully, looking at its past and current performance, its trends on a variety… Source link
Read More »Zoom Q3 earnings beat analysts’ expectations, revenue up 367%
TipRanks Billionaire Israel Englander Pours Money Into 2 “Strong Buy” Stocks Following the wild ride that was 2020, where does the market go from here? Major strides have been made in the COVID-19 vaccine race, yet the near-term picture remains unclear, blurred by the virus’ resurgence and the stimulus stalemate on Capitol Hill.In times like these, the investing greats can serve as a source of inspiration, namely billionaire Israel “Izzy” Englander.Who exactly is Englander? The… Source link
Read More »Uber beats Q3 earnings expectations powered by growth in Eats business, Rides falls short
Uber (UBER) reported its Q3 2020 earnings after the closing bell on Thursday, beating analysts’ expectations on solid growth from its Eats business. Still, the impact of the ongoing coronavirus pandemic continues to be a concern for Uber’s main Rides business, which fell short of analysts’ forecasts. Here are the most important numbers from the report compared to what analysts were expecting from the company in the quarter, as compiled by Bloomberg. Gross bookings: $14.75 billion versus… Source link
Read More »Apple earnings top expectations but sales drop in China, iPhone sales weighs on stock
Apple (AAPL) reported fiscal fourth-quarter earnings after market close on Thursday that topped expectations, with sales from the company’s services offerings and Mac computers hitting quarterly records. However, shares traded lower by more than 3% immediately following the report, as investors focused on a worse-than-expected drop in iPhone sales during the third quarter, and a steep decline in sales in China. The results came just weeks following Apple’s highly anticipated unveiling of… Source link
Read More »Economic data continues to beat expectations: Morning Brief
Wednesday, October 28, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe But economists still warn a slowdown is coming. U.S. economic data continues to impress. On Tuesday, durable goods orders for September, and Richmond Federal Reserve data for October, showed the manufacturing sector continues to top expectations. Durable goods orders rose 1.9% while core orders rose 0.4%. Economists noted the headline figure was flattered by orders in… Source link
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