Stocks To Buy

With most of the tech space focused on the semiconductor shortage, a few areas are performing well in spite of the industry effects. One area? Memory. From solid state drives to flash drives, demand for storing more and larger amounts of data has remained constant. That’s great for companies that produce these products. And based on the latest earnings numbers, it’s clear that these companies are in an uptrend. For instance, Western Digital (WDC) just reported better-than-expected financial results. While revenue was ...
Read More

For most companies, share buybacks sound attractive. They can offset shares issued to executives. And as long as the market is rising, things look good. Most companies aren’t Apple (AAPL). The consumer tech giant just beat earnings and raised its share buyback program to a staggering $90 billion. That’s on top of a dividend payout as well, increasing the amount of cash the company returns to shareholders every year. The $90 bullion share buyback is pretty close to the $89.6 billion the ...
Read More

Earnings season makes for some rich trades. While many traders expected shares of Microsoft (MSFT) to rally to a $2 trillion valuation after earnings, the company instead surprised with a drop instead. The company saw revenue up 19 percent compared to a year ago, its highest level. And the company beat analyst expectations. But revenues from the company’s Azure division, where it does its cloud services, seemed a little light to shareholders. The end result is that, in spite of great earnings, ...
Read More

There’s always a lot to read on a company’s earnings report. Tesla Motors (TSLA) fared well with a strong earnings and sales beat. And the company disclosed that it sold some of its Bitcoin position at a profit, making over $110 million there—or more than it’s made from selling cars in its existence. Yet even with strong earnings numbers and a solid return on cryptocurrency trading, shares sagged a bit. Looking out over the longer term, shares appear to be setting up ...
Read More

What do you get when a stock beats on its quarterly earnings numbers and when it raises guidance? Typically, you get a rally. But not always. If you get a selloff when that happens, the numbers suggest such a selloff may be temporary. That could be the case with Honeywell International (HON). The industrial giant has been positioning itself for faster growth and embracing better technology. That allowed it to post better-than-expected earnings on Friday, and raise the full-year 2021 outlook. Yet ...
Read More

While earnings season has come in strong, a few misses have occurred. Within that group of stocks, some companies are likely to continue to struggle. Other firms, however, are demonstrating short-term issues that are likely to lead to higher prices in time. One such name in the latter category is American Express (AXP). Shares dropped on Friday as the company reported solid earnings with better-than-expected profits. The issue? The company’s revenues were a little on the low side. Overall, the company reported ...
Read More

Earnings season is off to a strong start. Despite a few high-profile misses, most companies have beaten expectations. One company has had a series of better-than-expected numbers in the past year that’s about to report earnings once again. That company is Microsoft (MSFT). The tech giant has seen explosive growth in the past year thanks to a shift to remote work during the pandemic, and analysts are expecting revenue up 17 percent this quarter. Shares are at all-time highs, but are only ...
Read More

Shares of Netflix (NFLX) took a dive in after-hours trading on Tuesday as the company reported earnings. While earnings were fine, subscriber growth slowed to 208 million. That’s up 14 percent from a year before, but it’s also a sign that the boost at the start of the pandemic is starting to wear off. Despite the selloff, shares of Netflix were a top media play in the past year, edging out other companies that have also gotten into the streaming space. The ...
Read More