AAPL stock kicked off its first day of trading as part of the Dow Jones on Thursday, March 19th. There's one question on investors' minds – will the inclusion help or hurt the most valuable tech company in the world?
Even though we're in the middle of March Madness right now, I'm not going to talk about this year's "Cinderella" teams, which come out of nowhere and make it to the Final Four in college basketball.
No… the real "Cinderella" story is happening at U.S. box offices. A simple Disney remake of the classic film managed to gross over $70 million in one weekend earlier this month. There's clearly investment potential in this success.
The oil price forecast calls for higher crude ahead, but not enough to save the day. The pivotal issue of the cost per barrel has taken a back seat to a more crucial issue at hand.
One that could lead to a more protracted fiscal crisis in the future. Because, while under the "old rules" oil prices could move up to meet budgetary needs.
Nike Inc (NYSE: NKE) stock was up just under 5% on early Friday as the sports apparel and equipment maker benefited from a three tenths of a percent climb in retail sales..
The DJIA Index surged 227 points Wednesday. The cause? The Federal Reserve indicated a slower pace for an expected interest rate hike this year.
Commodities rallied on the news, with gold prices jumping nearly 2% and silver prices up almost 2.5%.
There was news last week of two negative indicators we haven't seen since the Lehman Brothers bankruptcy in 2008: the low level of the inventory-to-sales ratio – a key measure of future corporate profits – andretail sales falling, in February, for the third consecutive month.
We also learned the Atlanta Fed lowered its real-time 1Q GDP estimate to a moribund 0.6%, while jobless claims were back above 300,000.Lumber sales – animportant leading economic indicator – plunged, and technology bellwether Intel Corp (NASDAQ:INTC) lowered its revenue estimate for the first quarter by $1 billion on plunging PC sales.
On Thursday, March 12, just as we learned this discouraging news, thestock market saw its largest rally in months, with the S&P 500 jumping by 1.24% (25.31 points)….
If you’re watching the headlines, you know that the Nasdaq Composite Index – the bellwether for the tech sector – has reached the 5,000 level for the first time in 15 years.
That’s prompting a few so-called “experts” to say tech stocks are in “bubble” territory.
I’m writing today to let you know just the opposite is true.
Our best stocks to invest in for 2015 are seeing a lot of big gainers.
But there’s something particularly exciting about Avago Technologies Ltd. (Nasdaq: AVGO). This Singapore-based chipmaker supplies chips that help speed up processing in cloud data centers.
It’s up 30% this year, with even more room to grow…
Google stock is one of our favorite tech plays. It got even better with the Feb. 23 announcement that Google will purchase the mobile payment company Softcard (formerly known as Isis).
Essentially, the search engine company is buying Softcard's technology to use as Google Wallet.
The purchase also guarantees pre-installment of Google Wallet on all Verizon Communication Inc. (NYSE: VZ), T-Mobile US Inc. (NYSE: PCS), and AT&T Inc. (NYSE: T) Android phones in the United States starting later this year.
Money Morning's oversold stock pick of the week is careers website provider Dice Holdings, Inc. (NYSE: DHX).
Sometimes stocks get beaten down unfairly – but they're actually a great value. Dice stock got slammed with several issues at once. The biggest was disappointing earnings guidance last month. But its energy-oriented jobs websites also came under scrutiny as oil prices plunged.