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Shah Busts Europe's Biggest Myth – and Shares His Latest Crystal-Ball Call
Shah Gilani has a penchant for making bold predictions.
He also has a penchant for being right.
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August 3, 2016
The Fitbit stock price soared 9% to $14.65 today after posting better than expected Q2 2016 earnings and revenue.
With shares still down 51% year to date, is this the time to buy FIT?
May 12, 2016
There are some quality cheap stocks to buy now that no one is noticing. They are undervalued compared to where the stock should – and will – rise to.
To find these great cheap stocks to buy today, we looked at companies' prospects as well as current share-price metrics.
May 5, 2016
The Fitbit stock price is tanking today after it dropped 15% to $14.96. That drop happened despite a strong earnings report.
February 18, 2016
Fitbit Inc. (NYSE: FIT) will release Q4 earnings on Monday, Feb. 22.
Although the Fitbit stock price is down 46.3% so far this year, we expect shares to head higher after it reports another strong quarter.
January 12, 2016
Shares of Fitbit Inc. (NYSE: FIT) closed at $18.85 yesterday (Monday), falling below its IPO price of $20. Wall Street is worried about Fitbit's ability to compete with major producers of smartwatches like Apple Inc. (Nasdaq: AAPL). FIT stock is now down 36.3% in 2016.
January 8, 2016
Fitbit Inc. (NYSE: FIT) is being sued by technology developer Valencell for patent infringement. Valencell states that Fitbit used its patented technology without permission. Fitbit stock is down 48.99% over the last six months, and this lawsuit will not help.
December 21, 2015
xFitbit Inc. (NYSE: FIT) stock is up 38.7% during its six-month run as a public company.
And our Fitbit stock price prediction shows the firm will maintain that momentum in 2016.
November 3, 2015
Fitbit Inc. (NYSE: FIT) reported earnings per share (EPS) of $0.24 on revenue of $409 million in its Q3 2015 earnings report. Wall Street projected EPS of $0.10 on revenue of $351 million. While FIT shows the potential to be a stock to own, Money Morning Chief Investment Strategist Keith Fitz-Gerald notes that a company […]
October 30, 2015
The Fitbit Inc. (NYSE: FIT) stock price is up 26.6% since the company went public in June, but shares have plunged 21.1% in the last three months.
The recent volatility has investors wondering if they should buy Fitbit stock now.
October 20, 2015
After Oprah Winfrey announced a 10% stake in the company, the Weight Watchers stock price has soared.
WTW stock is selling for $18.25, up 62.79% from Winfrey's purchase of $6.79.
October 9, 2015
On Tuesday, Morgan Stanley analysts cut their target price for GoPro stock. Millions of investors were surprised, and the stock got shellacked.
GoPro is a worse value trap now than ever, and any investor who gets sucked in now is playing with fire.
I know the temptation is to buy, but hold your ground. The company has always been on the "cusp of something great," and it's never delivered.
September 10, 2015
The Fitbit stock price has seen a massive rise over the last week. Shares of FIT are up 9.1% since Sept. 3.
The majority of the gains came after Morgan Stanley reported that Fitbit dominates the wearable tech market over Apple.
September 8, 2015
The Fitbit stock price shot up today after Morgan Stanley gave the fitness wearable tech company an upgrade.
The boost in FIT stock came after the bank upgraded it to "overweight" – the equivalent of a "Buy" rating.
August 28, 2015
The Pentagon has partnered with Apple Inc. (Nasdaq: AAPL), Boeing Co. (NYSE: BA), Hewlett-Packard Co. (NYSE: HPQ), and 159 other private companies and universities to develop wearable tech for military use.
U.S. Defense Secretary Ash Carter announced the creation of a new institute in San Jose called "Flexible Hybrid Electronic Institute" on Friday. The institute will work to develop manufacturing techniques and new applications for flexible electronics.
August 5, 2015
The first-ever Fitbit Inc. (NYSE: FIT) earnings report was released after the closing bell today (Wednesday).
The fitness-related wearable tech company easily beat projected top- and bottom-line numbers.
August 4, 2015
Fitbit Inc. (NYSE: FIT) releases its first earnings report as a public company after the closing bell tomorrow.
These earnings are significant because the Fitbit stock price has skyrocketed since its June IPO.
July 30, 2015
This tech stock is currently out of favor with Wall Street, which means it's ripe for the taking. And you don't want to pass up on this profitable opportunity.
Because, according to our calculations, this stock will double your money in three years.
July 1, 2015
6/30/15 FIT: Shares of Fitbit Inc. (NYSE: FIT) gained more than 14.4% on news that its new products have outsold the Apple Inc.(Nasdaq: AAPL) Watch. FIT stock is now up nearly double from its $20 IPO price. Bloomberg's Slice Intelligence reports that Fitbit's wearable technology line – which is more focused on fitness – has […]
June 23, 2015
6/23/15 FIT: Shares of Fitbit Inc. (NYSE: FIT) surged another 14% today as the wearable tech company hit an all-time intraday high of $40.45 in just its third day of trading.
June 19, 2015
6/19/15 FBIT: Shares of Fitbit Inc. (NYSE: FIT) surged more than 50% yesterday during FIT's debut on the New York Stock Exchange. The company's IPO price was $20, above its expected $17 to $19 range. The company's valuation topped $4.1 billion.
June 18, 2015
6/18/15 FBIT: Wearable fitness tracking firm Fitbit Inc. (NYSE: FIT) will launch its initial public offering (IPO) today, June 18. Fitbit Inc. (NYSE: FIT) is already one of the most anticipated tech IPOs of 2015..
The Fitbit IPO hits the market today, June 18. It's one of the most anticipated deals of 2015 so far and is the highest valued tech IPO of the year.
All of the hype begs an obvious question – how does Fitbit make money?