It was yet another down day for stocks, with the Dow plunging almost 139 points and the big indexes sliding for a second consecutive week.
Traders work on the floor at the closing bell. Agence France-Presse/Getty ImagesThe Dow Jones Industrial Average slid 138.6 points, or 0.67%, to end at 20453.25. The S&P 500 Index was down almost 16 points, or 0.68% to 2328.95. The Nasdaq fell more than 31 points, or 0.53%, to 5805.15.
Blame it on flaring geopolitical tensions and light market action ahead of the Easter holiday weekend overshadowing the estimate-beating earnings reports from J.P. Morgan Chase (JPM) and Citigroup (C).
The big news today: the U.S. dropped its biggest non-nuclear bomb on a suspected ISIS tunnel complex in Afghanistan.
The WSJ reported that declines today were across all sectors. Investors dumped financial and industrial companies while retreating to haven investments like Treasuries and gold.
Top 10 Gold Stocks To Buy For 2019: Chimera Investment Corporation(CIM)
Advisors' Opinion:- [By Shane Hupp]
Public Employees Retirement Association of Colorado trimmed its position in shares of Chimera Investment Co. (NYSE:CIM) by 18.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 51,307 shares of the real estate investment trust’s stock after selling 11,267 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Chimera Investment were worth $893,000 at the end of the most recent reporting period.
Top 10 Gold Stocks To Buy For 2019: region(XIV)
Advisors' Opinion:- [By Money Morning News Team]
This led some traders to purchase leveraged ETFs that move inverse to the VIX, like the�VelocityShares Daily Inv VIX Short Term�(Nasdaq: XIV).
The VIX is a derivative of the broad S&P 500, and the XIV is a derivative of that derivative.
Top 10 Gold Stocks To Buy For 2019: Plug Power Inc.(PLUG)
Advisors' Opinion:- [By Maxx Chatsko]
Fuel cell manufacturer Plug Power (NASDAQ:PLUG) has done relatively little since going public all the way back in 1999. Then again, maybe it's all about timing.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Plug Power (PLUG)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Maxx Chatsko]
That much becomes clear after taking a look at fuel cell stocks Plug Power (NASDAQ:PLUG) and Ballard Power Systems (NASDAQ:BLDP). The companies generated just $235 million in revenue combined last year. While that would seem to indicate that the technology has a ways to go, a closer look shows both companies are on an upward trajectory as they position to exploit decarbonization trends. It also reveals two different growth strategies.
Top 10 Gold Stocks To Buy For 2019: Cotiviti Holdings, Inc. (COTV)
Advisors' Opinion:- [By Max Byerly]
Cotiviti Holdings, Inc. (NYSE:COTV) – Equities research analysts at Jefferies Group lowered their FY2018 earnings estimates for Cotiviti in a report issued on Wednesday, May 2nd. Jefferies Group analyst S. Dodge now expects that the business services provider will post earnings per share of $1.68 for the year, down from their previous estimate of $1.71. Jefferies Group also issued estimates for Cotiviti’s FY2019 earnings at $1.87 EPS.
Top 10 Gold Stocks To Buy For 2019: Rogers Corporation(ROG)
Advisors' Opinion:- [By Stephan Byrd]
Rogers (NYSE: ROG) and Kraton (NYSE:KRA) are both computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their risk, profitability, dividends, institutional ownership, valuation, analyst recommendations and earnings.
Top 10 Gold Stocks To Buy For 2019: icad inc.(ICAD)
Advisors' Opinion:- [By Lisa Levin]
Losers Netshoes (Cayman) Limited (NASDAQ: NETS) shares dipped 43.73 percent to close at $2.87 on Tuesday as the company posted downbeat Q1 results. Cesca Therapeutics Inc. (NASDAQ: KOOL) shares dropped 29.01 percent to close at $0.80 after reporting Q1 results. SenesTech, Inc. (NASDAQ: SNES) shares fell 22.2 percent to close at $0.340 after reporting Q1 miss. Vipshop Holdings Limited (NYSE: VIPS) fell 19.95 percent to close at $12.08 after the company reported weaker-than-expected earnings for its first quarter on Monday. Image Sensing Systems, Inc. (NASDAQ: ISNS) fell 19.68 percent to close at $3.775 after reporting earnings were down year over year. First quarter earnings came in flat, down from 4 cents per share in the same quarter of last year. Sales came in at $3.01 million. Boxlight Corporation (NASDAQ: BOXL) dropped 18.47 percent to close at $9.62 on Tuesday after surging 77.44 percent on Monday. ENDRA Life Sciences Inc. (NASDAQ: NDRA) declined 16.21 percent to close at $2.43. ENDRA Life Sciences is expected to release quarterly earnings today. ALJ Regional Holdings, Inc. (NASDAQ: ALJJ) shares fell 16.13 percent to close at $1.79. Switch Inc (NYSE: SWCH) shares dropped 14.93 percent to close at $13.16 following a first-quarter earnings miss. Restoration Robotics Inc (NASDAQ: HAIR) fell 14.42 percent to close at $3.68 after reporting a first-quarter earnings miss. iCAD, Inc. (NASDAQ: ICAD) declined 13.01 percent to close at $3.41 following Q1 results. Intersections Inc. (NASDAQ: INTX) fell 12.44 percent to close at $1.97. Histogenics Corporation (NASDAQ: HSGX) declined 12.24 percent to close at $2.15. AZZ Inc. (NYSE: AZZ) fell 12.1 percent to close at $39.60 following Q3 earnings. Hallador Energy Company (NASDAQ: HNRG) fell 11.1 percent to close at $6.49. Integrated Media Technology Limited (NASDAQ: IMTE) dropped 10.66 percent to close at $16.93 on Tuesday. Myomo, Inc. (NYSE: MYO) slipp
Top 10 Gold Stocks To Buy For 2019: Waste Management, Inc.(WM)
Advisors' Opinion:- [By Stephan Byrd]
KAMES CAPITAL plc grew its stake in shares of Waste Management (NYSE:WM) by 26.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,022 shares of the business services provider’s stock after buying an additional 5,215 shares during the period. KAMES CAPITAL plc’s holdings in Waste Management were worth $2,105,000 as of its most recent filing with the Securities and Exchange Commission.
- [By Tyler Crowe, Reuben Gregg Brewer, and Travis Hoium]
Finding investments that can reward you over such long periods can do miracles for your portfolio -- as long as you can find the right ones. So we asked three Motley Fool investors to highlight a stock they see as a great investment with solid growth prospects over the next 25 years. Here's why they picked W.W. Grainger (NYSE:GWW), Wynn Resorts (NASDAQ:WYNN), and Waste Management (NYSE:WM).
- [By ]
For his "Executive Decision" segment, Cramer spoke with Jim Fish, president and CEO of Waste Management (WM) , which just posted an eight-cents-a-share earnings beat, but saw shares decline as investors worry over the impact of trade wars with China on the company's recycling business.
- [By Max Byerly]
Becker Capital Management Inc. purchased a new stake in shares of Waste Management (NYSE:WM) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 10,320 shares of the business services provider’s stock, valued at approximately $868,000.
- [By Logan Wallace]
Get a free copy of the Zacks research report on Waste Management (WM)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 Gold Stocks To Buy For 2019: 3M Company(MMM)
Advisors' Opinion:- [By ] Bulls were stampeded on Tuesday. The Dow Jones Industrial Average lost 424 points, or 1.74%, the S&P 500 handed over 1.34% and the Nasdaq Composite shed 1.68%. For some investors, the losses might have come as a surprise amid solid first-quarter earnings reports from bellwether companies like Caterpillar (CAT) , United Technologies (UTX) , Coca-Cola (KO) and 3M (MMM) . You need to be at TheStreet's May 5 boot-camp for investors. Learn more here.
But, it was cautious comments by Caterpillar execs on the demand outlook for the rest of 2018 during an earnings call that sent the bears out of hibernation. Not helping market sentiment were 10-year yields topping the 3% mark for the first time in more than four years.
- [By ]
The Caterpillar news was followed by 3M (MMM) , which lowered full-year guidance, sending its shares down 6.8%. Lockheed Martin (LMT) then delivered blowout earnings, but mentioned that its cash flow might be challenged. Shares fell 6.1%.
- [By ]
Selected examples: (AAL) , (CL) , (DRI) , (HAL) , (LUV) , (MCD) , (MMM) , (SBUX) . Darden and 3M are holdings in Jim Cramer's Action Alerts PLUS.
What Trade War?Notes Goldman: "Firms expressed optimism that trade conflict would be resolved. Commentary emphasized the support for a free trade environment. Company management did not expect the disputes would escalate and affect global economic growth."
- [By Garrett Baldwin] Markets are keeping a close eye on the 10-year bond, which is hovering near 3% – an important psychological level that is likely to influence future price movements. On Monday, Fox Business Network's "Varney & Co." asked Money Morning Chief Investment Strategist Keith Fitz-Gerald if investors should be worried. Here's what Keith had to say about the 10-year Treasury yield… and how it will affect your stocks and bonds in the future. The price of Brent crude oil topped $75.00 and hit its highest level since November 2014. Oil traders were eyeing the ongoing efforts of OPEC and Russia to reduce excessive production around the globe, rising demand ahead of peak driving season, and the possibility that the Trump administration will slap Iran with a new round of sanctions. Three Stocks to Watch Today: KO, GOOGL, SLM Shares of The Coca-Cola Co.�(NYSE: KO) added 1.2% after the firm easily beat earnings and revenue expectations. The firm cited strong demand for its new flavors of Diet Coke and its Coke Zero Sugar. Demand was so strong for the quarter that the firm reported organic sales growth of 5%. The company reported earnings per share of $0.47, topping estimates by a penny. Revenue of $7.6 billion easily beat Wall Street estimates. Shares of Alphabet Inc. (Nasdaq: GOOGL) seesawed in pre-market hours. The online search giant topped Wall Street earnings and revenue expectations after the bell Monday. However, shares were off 0.5% after executives announced that its business costs were on the rise. The firm's real estate and computer purchases tripled in one year, to $7.3 billion. About one-third of that total came from its $2.4 billion purchase of the Chelsea Market building in New York City. Good news for SLM Corp.�(NYSE: SLM) investors, but bad news for indebted college students and graduates. The firm – also known as Sallie Mae – topped Wall Street earnings expectations on Monday. The firm said that it increased its loan o
Top 10 Gold Stocks To Buy For 2019: CyberOptics Corporation(CYBE)
Advisors' Opinion:- [By Ethan Ryder]
Perceptron (NASDAQ: PRCP) and CyberOptics (NASDAQ:CYBE) are both small-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, risk, earnings, dividends and valuation.
Top 10 Gold Stocks To Buy For 2019: TELUS Corporation(TU)
Advisors' Opinion:- [By Ethan Ryder]
LSV Asset Management reduced its position in Telus (NYSE:TU) (TSE:T) by 42.5% in the 1st quarter, HoldingsChannel reports. The fund owned 112,500 shares of the Wireless communications provider’s stock after selling 83,000 shares during the quarter. LSV Asset Management’s holdings in Telus were worth $3,955,000 at the end of the most recent quarter.
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