Times News Network
It was the “eureka” moment, as I read the press release. Of course! How to revive or at least drain more value from a beloved, but way past mature American brand name. Talk about a consumer staple. The Kellogg Company (K) closed on Friday night at $67.54, down just 10.6% from the apex of an … Read More “I’m Intrigued as Kellogg Splits Into 3: Here’s the Play” »
It should have been a good day for semiconductor stocks. On Wednesday, WSTS (World Semiconductor Trade Statistics) released the organization’s new forecast for the semiconductor market, which was generated in May. The group predicts that the worldwide semiconductor market is expected to grow 16.3% in 2022 to 646 billion. USD on top of the red-hot … Read More “Intel has issues, but if you insist, you can see how to play it” »
On Tuesday, the nation of Qatar announced the selection of Exxon Mobil (XOM), TotalEnergies (TTE), Shell (SHEL) and ConocoPhillips (COP) as partners in what is expected to be the multi-billion dollar expansion of the world’s largest liquefied natural gas project. Almost immediately, five-star (by TipRanks) analyst Stephen Richardson of Evercore ISI upgraded his rating on … Read More “It’s Exxon vs. Chevron: Here’s how investors can play them” »
Club dealer Costco (COST) on Thursday night announced the company’s third-quarter tax earnings. What a nail-biter! One week earlier, the stock had been smashed in sympathy with the earnings-related twin mergers of Walmart (WMT) and Target (TGT). We knew Costco had superior management on its side, but still … Loyal readers know I took the … Read More “Move over goal and Walmart, Costco gets the gold star” »
Cisco (CSCO) reported last night. Cisco was sold last night. My kneeling? They did not get me this time. As a trader / investor who has always had a high opinion of CEO Chuck Robbins and was always willing to give a reasonably valued technology stock like Cisco, which pays a nice dividend, a fair … Read More “Do not be in a hurry to invest in Cisco” »
Oops. Do I owe Walmart (WMT) CEO Doug McMillon an apology for the statement expressed in Tuesday’s Real Money column? Not really. Walmart should probably have warned, and the balance still stinks. That said, the headwinds Walmart experienced during the first quarter of the year did not appear to have been better managed elsewhere. That … Read More “I certainly would not invest in goals right now, but I would trade with it” »
Sarge-fave, well … I’m guessing that the former Sarge-fave Walmart (WMT) announced the company’s financial results for the first quarter on Tuesday morning. These results were ugly. It made me feel like a fool. For the three-month period ending April 30 … Walmart posted adjusted EPS of $ 1.30 (GAAP EPS: $ 0.74) on revenue … Read More “Walmart’s results are ugly, but so far it’s negotiable” »
The latest news has been messy. On Friday, Ford Motor (F) sold another 7 million shares in the startup of electric cars Rivian Automotive (RIVN) for about $ 188 million. Ford had sold 8 million. shares in RIVN earlier in the week following the expiry of the firm’s IPO. Readers will remember that Rivian was … Read More “Is it time to hop back in Ford? Here’s how to trade it” »
Crushed it! Okay, maybe I’m a little biased. Maybe I’m long Advanced Micro Devices (AMD). Maybe Lisa Su was already my favorite all-time CEO. Maybe, just maybe, when Advanced Micro Devices released the firm’s first quarter financial results on Tuesday night, the firm simply ripped the cover off of the ball. Maybe. For the three … Read More “AMD Crushed It, Lisa Su Crushed It: Here’s How to Trade It” »
Qualcomm (QCOM) released the firm’s fiscal second quarter results on Wednesday evening, and unlike Meta Platforms (FB), which got all the FinTV coverage overnight, actually did hit “it” out of the park. For the three month period ending March 27th, Qualcomm posted adjusted EPS of $ 3.21, or GAAP EPS of $ 2.57 on revenue … Read More “Qualcomm Is Now an Elite Semiconductor Company: Here’s My Plan” »
