You might be wondering, "What are penny stocks?" Well, small-cap, low-priced stocks are known as penny stocks. Contrary to their name, penny stocks rarely cost a penny. The SEC considers a penny stock to be pretty much anything under $5. And while there are sub $5 stocks trading on big exchanges like NYSE and NASDAQ, […]
Archives for March 2014
March 2014 - Page 22 of 24 - Money Morning - Only the News You Can Profit From
Hot Stocks to Watch Today
U.S. equities jumped up right out of the gate Tuesday, with all three benchmarks up better than 1% just before noon. The S&P 500 Index hit yet another record high. European markets, also hammered on Monday, recovered most of what they lost in Tuesday's session.
While the gains were broad-based as stocks rebounded from Monday's rout, there were a number of equities moving higher on company developments, industry news, earnings, and deal making. Following are 12 of today's hot stocks to watch.
Apple and Tesla Motors Inc. (Nasdaq: TSLA) Might Have a Secret Plan
It now appears that rumors Apple Inc. (Nasdaq: AAPL) had an acquisitive eye on Tesla Motors Inc. (Nasdaq: TSLA) were just that – rumors.
But the two companies have been talking, and almost surely about the planned Tesla Gigafactory, an enormous rechargeable battery production plant projected to open in 2017 and cost at least $5 billion.
SolarCity (Nasdaq: SCTY) Stock Strong Despite Earnings Delay
SolarCity Corp. (Nasdaq: SCTY) stock was up more than 2.8% in early trading Tuesday despite the fact that the company delayed its Q4 earnings report for the second time.
The company announced yesterday (Monday) that it found an accounting error relating to its overhead expenses and now has to restate its 2012 and 2013 financial results. The earnings are expected to be released on March 18.
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Why Disrupted Ukraine Gas Pipelines Won't Send Gas Prices Skyrocketing
Oil and gas prices shot up this week on fears that the Ukraine gas pipelines will be disrupted during Ukraine's conflict with Russia.
Yesterday (Monday), gas futures climbed up 10% in early trading – the biggest rise in two years. The benchmark price for oil rose more than 2%.
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How to Play 2014's Most Profitable Trends Today - 3/14/14
Best stocks to buy for the week ending Feb. 28, 2014: The S&P 500 Index finished February up 4.3% at 1,859.45, its best month since October and its best February since 1998.
The Dow Jones Industrial Average ended February 4% higher, trimming year-to-date losses to 1.5%. And the Nasdaq closed out the month up 5%. The tech-heavy index is up 3.2% in 2014 and sits at a 13 1/2-year high.
Five years ago this Sunday, on March 9, 2009, the S&P 500 closed at 676.58, its lowest level since the start of the 2008 financial crisis. Since then, stock returns have more than tripled.
What President Obama's 2015 Budget Means for These Stocks
U.S. President Barack Obama's 2015 budget, officially set for release today (Tuesday), looks good for defense stocks — for the most part.
Based on preliminary details that members of the Obama administration began discussing last week, defense contractors won't be touched by most of the planned spending reductions.
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Today's Stock Market: The Five Biggest Stories to Watch
Today's stock market news, March 4, 2014: The Dow Jones Industrial Average slipped on Monday by 153.68 points, or 0.9%, to finish at 16,168.03. The Nasdaq dropped 30.82 points, or 0.7%, to hit 4,277.30, while the S&P 500 finished the day down 14.02 points, or 0.8%, to 1,845.43.
The markets had their worst selloff in more than a month on news that political tensions between Ukraine and Russia have escalated over the Crimean peninsula. New concerns about China and Turkey also overshadowed relatively positive economic news in the U.S. economy.
Here's the news today that's moving markets:
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Stock Market Today: Dow Jones Industrial Average Plunges on Ukraine News
Stock market today, March 3, 2014: U.S. stocks today closed markedly lower amid increasing political tension in Ukraine and Russia, while safe-haven investments like gold rose on the crisis.
[rwc_chart_single name="DJIA"]
The Dow Jones Industrial Average closed down 0.94%, or 154 points, at 16,168 points; the S&P 500 closed down 0.72%, or 31 points, at 4,277 points, and the Nasdaq Composite Index closed down 0.72%, or 31 points, at 4,277 points.
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