Bed Bath and Beyond is down 30% from its early 2015 highs of $80. The company has posted weaker than expected growth figures and the stock has been punished accordingly. The home furnishings company set lofty expectations for investors after a stellar 2013, but given the current promotional retail environment, Amazon’s rapid rise, and low…
Two home improvement stores dominate the industry in North America: Lowe’s (LOW) which has a market cap of $70 billion Home Depot (HD) which has a market cap of $169 billion Lowe’s is the second largest company in a well-consolidated industry. Lowe’s is the ‘Pepsi’ to Home Depot’s ‘Coke’. Large businesses in consolidated markets tend…
Accenture PLC. (ACN – Analyst Report) is one of world’s leading providers of management consultancy, technology and outsourcing services. The company is steadily gaining traction in its outsourcing business primarily backed by a rise in demand for technology to improve operating efficiencies and save costs. Furthermore, considering the growing need for digital marketing, we commend Accenture’s efforts…
Lumber Liquidators (LL) rallied on Tuesday after short-seller Whitney Tilson announced that he had closed out his position on the flooring retailer. The rally was short-lived, however, as Goldman Sachs analyst Matthew Fassler and his team downgraded Lumber Liquidators stock from Neutral to Sell. They maintained their price target of $13 per share, however. The retailer’s shares plunged in pre-market…
When a stock plummets 25% in seven trading sessions, shareholders get nervous. So it’s not surprising that I received several requests to take a look at the dividend safety of propane distributor Ferrellgas Partners (NYSE: FGP). I gave the limited partnership an “A” rating back in March because of the company’s stellar track record of paying a $0.50 quarterly…
Once again we ask The Fed, “why now?” Bloomberg’s Consumer Comfort survey found 69% of people has a negative view of the state of the economy, netting to the 30.6 print above – the lowest since November 2014… The perfect time to hike rates?
Typically, there are two types of people in the inflation camp. You have the people who follow the Consumer Price Index (CPI), which has come to represent inflation itself. But this metric has been so heavily manipulated over the years… it’s biased at best. Then you have everyone else who has seen the cost of…
Video length: 00:10:07 Talking Points: – Federal Reserve raises rates for first time since June 2006. – Fed ‘dot plot’ continues to see same 2016 year-end rate as in September 2015. – See the December forex seasonality report. In what was perhaps the most telegraphed policy change of the past decade, the Federal Reserve raised rates…
The “most hated man in America” just got arrested for securities fraud. SHKRELI, CEO REVILED FOR DRUG PRICE GOUGING, ARRESTED FOR FRAUD N.Y. LAWYER EVAN GREEBEL ARRESTED IN SHKRELI INVESTIGATION “Pharmaceutical entrepreneur Martin Shkreli was arrested by the FBI on Thursday,” Reuters, whose reporters apparently witnessed the arrest, says. Shkreli, the baby faced, former Jim Cramer protege…
What is a Santa Claus rally? It’s a question we hear every December as the media talks about a possible stock market rally at the end of the year. A “Santa Claus rally” is loosely defined as a rally in the stock market in the weeks before Christmas and into the new year. Traditionally, the Santa Claus rally has…
