By David Schassler, Portfolio Manager and Head of Portfolio and Quantitative Investment Solutions, VanEck The VanEck Vectors® Real Asset Allocation ETF (RAAX®) uses a data-driven, rules-based process that leverages over 50 indicators (technical, macroeconomic and fundamental, commodity price, and sentiment) to allocate across 12 individual real asset segments in five broad real asset sectors.
U.S. banks are sitting on a pile of cash that could turn into billions of dollars of profits. In the coming months, banks are expected to free up tens of billions of dollars in reserves they set aside to cover soured loans-losses that still haven't materialized a year into a pandemic that shut down swaths of the U.S.
Earnings reports remain in a lull, but several names of note are slated to present their latest financials. Here's a look at five key reports in the week ahead. Lennar Corp. is expected to report adjusted net income of $541.7 million, or $1.71 a share, on sales of $5.1 billion before the market opens on Tuesday, based on a FactSet survey of 18 analysts.
Shares of S&P Global Inc. inched 0.14% higher to $345.61 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.10% to 3,943.34 and the Dow Jones Industrial Average rising 0.90% to 32,778.64. This was the stock's third consecutive day of gains.
If analysts are right, buying Broadcom at fair value could be one of the best income decisions you ever make.
For AMC Entertainment Holdings, and the past 12 months have been a series of sickening lows and dizzying highs. Now that the worst appears to be over, they are moving to the next difficult phase: delivering a rebound. All three are emerging from brutal pandemic lockdowns.
Shares of Beyond Meat Inc. sank 0.25% to $142.45 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.90% to 32,778.64 and the NASDAQ Composite Index falling 0.59% to 13,319.86. Beyond Meat Inc.
Value stocks are beating growth stocks by the widest margin in two decades, the latest sign that investors expect the next year to bring a powerful economic rebound. As the rollout of Covid-19 vaccines quickens and the economy bounces back from last year's shutdowns, portfolio managers are snapping up cyclical stocks-banks, energy companies and others whose fortunes are closely linked to economic growth.
Zuora , the producer of systems that enable companies to manage subscription businesses, reported a narrower fiscal-fourth-quarter loss on 13% higher revenue. The results were stronger than Wall Street analysts had estimated. The company's fiscal-first-quarter outlook is in line with expectations. For the quarter ended Jan.
The top-performing newsletters' favorite value stocks continue to leave the broader market in the dust. I'm referring to the lists of value stocks that I have provided in columns over the past six months on MarketWatch. The lists contained stocks that were particularly popular among newsletters with long-term market-beating records, and which also satisfied various "value" criteria.
Shares of Tesla Inc. and Nio Inc. rallied Thursday, after Mizuho analyst Vijay Rakesh recommended investors buy the respective leaders in their electric vehicle markets, while setting bullish price targets. Tesla's stock jumped 3.6% in afternoon trading, after falling 5.3% so far this year through Wednesday.
With another round of federal stimulus on the way and expectations for solid growth for the U.S. economy this year, value stocks have been rallying. Stocks with low valuations tend to do well during economic growth phases. Mark DeCambre underlined the value rally by pointing out that the Dow Jones Industrial Average ended at a record high Dec.
Shares of S&P Global Inc. inched 0.23% higher to $345.14 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.04% to 3,939.34 and the Dow Jones Industrial Average rising 0.58% to 32,485.59. This was the stock's second consecutive day of gains.
Shares of XPeng Inc. fell 4.6% in premarket trading Friday, after the China-based electric vehicle maker reported a fourth-quarter loss that was much narrower than a year ago, as vehicle deliveries jumped fourfold, but was wider than some analysts had expected.
Oracle shares moved 3% lower in extended trading on Wednesday after the enterprise software maker reported fiscal third-quarter earnings that exceeded analysts' estimates and increased its quarterly dividend to 32 cents per share from 24 cents per share. Here's how the company did: Earnings: $1.16 per share, adjusted, vs.
Shares of Tesla Inc. and Nio Inc. rallied Thursday, after Mizuho analyst Vijay Rakesh recommended investors buy the respective leaders in their electric vehicle markets, while setting bullish price targets. Tesla's stock climbed 2.2% in morning trading, after falling 5.3% so far this year through Wednesday, while China-based Nio's stock jumped 4.4%, after suffering a 15.2% year-to-date drop.
Shares of Party City Holdco Inc. dropped 7.8% in premarket trading Thursday, after the party goods retailer reported a fourth-quarter adjusted profit, revenue and same-store sales that missed expectations, as the COVID-19 pandemic negatively impacted seasonal celebrations. The net loss narrowed to $96.4 million, or 88 cents a share, from $268.8 million, or $2.88 a share, in the year-ago period.
Shares of General Electric Co. slumped Wednesday, after the industrial conglomerate confirmed a $30 billion deal with AerCap Holdings NV, while also surprisingly proposing a 1-for-8 reverse stock split. GE, which hosted an analyst meeting early Wednesday, also provided 2021 financial guidance, in which the range for adjusted earnings was a bit downbeat, but the ranges for revenue and free cash flow were in line with expectations.
AMC Entertainment Holdings Inc. said the winter surge in coronavirus cases walloped the company during its latest quarter, forcing it to again shut down many of the theaters it had reopened. AMC on Wednesday reported a loss of $946.1 million for the fourth quarter, bringing its annual loss for 2020 to $4.59 billion.
Shares of S&P Global Inc. inched 0.65% higher to $344.35 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.60% to 3,898.81 and the Dow Jones Industrial Average rising 1.46% to 32,297.02. S&P Global Inc.