Press Esc to close

Welcome to Money Morning - Only the News You Can Profit From.

Close

Sharpen Your Pencil – And Put These Three Stocks on Your "Shopping List"

Ask any of our gurus for advice on how to survive a stock-market sell-off – or even a whipsaw period like the one we’re navigating now – and you’ll get a surprising answer.

Keep a shopping list ready, they’ll tell you…

  • Facebook Inc. (Nasdaq: FB) Is Looking to Move into Mobile Payment Company Facebook 2

    Facebook has made a string of important acquisitions recently: A mobile messaging app, a satellite drone maker, and a virtual-reality company.

    Now things are really getting interesting as the company moves into another burgeoning industry: mobile payments.

    Check out how Facebook could become the next big global e-money institution...
  • Why Wall Street Loves Facebook (Nasdaq: FB) Stock Right Now 20130725_facebook-like

    The demise of momentum stocks, or Facebook Inc. (Nasdaq: FB) stock at least, appears to be greatly exaggerated.

    Shares of Facebook, a notable momentum stock over the last 12 months, spiked $4.22, or 7.3%, to $62.41 Wednesday. The move marked the stock's best one-day gain since Jan. 30.

    Over the last three months, shares of the social networking leader are up 9%. Year to date, they have logged gains of 14.2%. FB shares were up more than 25% earlier this year, but slipped along with other high-growth stocks over the last few weeks amid a notable shift from growth to value.

    Giving Facebook shares a boost Wednesday were bullish comments from several Wall Street firms:
  • Why Facebook Inc. (Nasdaq: FB) Stock Is Down Today facebook stock price today

    Why the sudden slip in Facebook (Nasdaq: FB) stock?

    Shares of the social networking leader slipped some 5% intraday Friday to $56.50. That followed a 5.15% drop on Thursday. The recent slump has nearly wiped out all of 2014's gains and leaves shares close to FB's Jan 2 opening price of $54.83.

    While FB shares are still up a modest 5% year to date, they sit roughly 20% off the highs hit less than a month ago.

    Here’s what’s behind the dip, and what’s ahead...
  • Hot Stocks to Watch: Today's Biggest Gainers

    U.S. stocks opened higher Friday, with all three major benchmarks comfortably in the green right out of the gate.

    As has been the case over the last several Fridays, initial public offerings (IPOs) dominated market news, with six companies debuting today.

    To continue reading, please click here...
  • Dow Jones Industrial Average Drops Nearly 100 Points Today, and Other Top News

    At the closing bell, the Dow Jones Industrial Average dropped 98.89 points to finish at 16,268.99. The Nasdaq fell 60.69 points finish at 4,173.58, while the S&P 500 was down 13.06 points to settle at 1,852.56.

    Here's a recap of other major events today.

    To continue reading, please click here...
  • Why Facebook (Nasdaq: FB) Is Buying Oculus VR Inc. for $2 Billion oculus-rift-0113-de Facebook's shopping spree continued this week with the purchase of Oculus VR. But what on Earth is the world's largest social media outfit going to do with a company that makes virtual reality goggles? You have to know that CEO Mark Zuckerberg has a plan...
  • Today's Pre-Market Trading Report

    Pre-market trading report, March 26, 2014: The Dow Jones Industrial Average rose 91.19 points to finish at 16,367.88 on Tuesday. The Nasdaq increased 7.88 points to finish at 4,234.27, while the S&P 500 hit an intraday all-time high before falling to close at 1,865.62. Global stocks are up on positive U.S. economic data and an improved outlook on Ukraine.

    Today's durable goods report is the most important data input of the week. A second solid gain would increase the outlook for the manufacturing sector. Meanwhile, Asian shares struck a two-week high this morning as investors saw good news on improved economic data and expectations that China will ramp up stimulus spending to keep its economy running above 7.5% growth.

    To continue reading, please click here...
  • What's Next for Facebook Inc. (Nasdaq: FB) Stock facebook

    The big question looming over Facebook Inc. (Nasdaq: FB) is what its next move will be.

    It's going to be tough to trump the social media giant's $19 billion purchase of WhatsApp on Feb. 19. [Almost as hard as it's going to be to beat the 158% price move FB stock has seen over the past year.]

    While many balked at the exorbitant price paid for the five-year-old messaging app for smartphones, Facebook CEO Mark Zuckerberg sees great potential in the acquisition. Referring to WhatApp's soaring growth, Zuckerberg said, "No one in the history of the world has done anything like that."

    Where's it headed next? Here's a look.
  • Why This Facebook (Nasdaq: FB) Acquisition Means Huge Profits

    When Facebook Inc. (Nasdaq: FB) recently announced it was buying the messaging service WhatsApp for $19 billion, it touched off an avalanche of controversy and criticism.

    We saw comments from the usual market pundits and stock jockeys. But with WhatsApp - thanks to the unique name, and the immense purchase price - even the late-night comedians stepped up.

    This line from new "Late Night" host Seth Myers pretty much sums it all up:

    "President Obama has announced that 4 million people have signed up for ObamaCare," Myers deadpanned. "Obama says he wants to hit 7 million users by the end of March, at which point he'll sell it to Facebook for $10 billion."

    Read More...
  • Stock Market Today: Dow Jones Industrial Average Falls, These Stocks Soar

    U.S. stocks closed mixed today, with the Dow Jones Industrial Average incurring losses, while the S&P 500 and the tech-heavy Nasdaq noted modest gains.

    The Dow Jones Industrial Average closed down 0.07% or 11 points, to 16,340; the S&P 500 closed up 0.03%, or 0.5 points, at 1,868 points; and the Nasdaq closed up 0.5%, or 16 points, at 4,323 points.

    Energy futures fell today, with crude oil, heating oil, and natural gas futures significantly off. Light, sweet crude oil for April delivery is down 2.1% at $97.91 per barrel today; heating oil is down 1.4% at $2.92 per gallon; and natural gas is down 1.7% at $4.52 per million BTUs.

    Meanwhile, metals futures rose, with gold trading up 1.5% at $1,367.50 per ounce, platinum trading up 0.7% at $1,475.30 per troy ounce, and silver rising 2.2% at $21.28 per ounce.

    Read More...
  • Why Facebook (Nasdaq: FB) Is Buying Drone Maker Titan Aerospace drone

    What is Facebook Inc. (Nasdaq: FB) up to?

    The social networking leader is slated to buy long-endurance, solar-powered drone maker Titan Aerospace in a $60 million deal.

    As crazy as it sounds, it's not that crazy at all.

    To continue reading, please click here...
  • What Pushed Facebook Inc. (Nasdaq: FB) Stock to Record Highs This Week

    Monday's broad-based rally sent the S&P 500 Index to an intraday record and also helped push Facebook Inc. (Nasdaq: FB) stock to an all-time high of $70.92.

    Shares of the social networking giant climbed 3.4%, or 2.33 points, to the new high. Volume was heavy, with 76.63 million shares changing hands - compared to FB's average daily volume of 63 million shares.

    To continue reading, please click here...
  • Why Facebook (Nasdaq: FB) Really Bought WhatsApp 5017703003_508d161ea6_z-001 Facebook is crazy for wanting to buy messaging company WhatsApp for $19 billion - crazy like a fox. But most in the media have completely missed the key to why this deal is so smart. This is how Facebook plans to become the king of mobile...
  • Why Facebook (Nasdaq: FB) Bought WhatsApp for $19 Billion facebook buys whats app

    For Facebook Inc. (Nasdaq: FB)if you can't beat 'em, buy 'em...

    In its biggest acquisition yet, Facebook announced late Wednesday it's buying mobile messaging company WhatsApp in a $19 billion blockbuster deal.

    Here's what’s behind the hefty price tag…
  • What's Pushing Facebook (Nasdaq: FB) Stock Higher 20140130MR1

    Facebook Inc. (Nasdaq: FB) stock soared 14% yesterday (Thursday) since it reported a year-over-year revenue increase of 63% in Wednesday's earnings report.

    Money Morning's Defense & Tech Specialist Michael Robinson thinks there's one key development driving FB's stock and earnings higher.

    To watch Robinson's interview on CNBC World as he describes why FB stock keeps climbing, click here.