The Most Active Stocks for Wednesday, November 20, 2019

Shares of Target (TGT) are up nearly 12% on the day after crushing earnings and raising its full-year 2019 forecast. CEO Brian Cornell said the results are “further proof of the durability” of Target’s investment strategy, as the retailer has an “unmatched suite of...

This Bill Could Soon End the Federal Ban on Cannabis

Cannabis stocks went down in flames in recent weeks. Poor earnings.  A disappointing rollout of legal cannabis in Canada, severe cash crunches, and the vaping controversy haven’t helped much.  Cannabis producers are burning through cash. Sales growth has so...

Target Hits the Bulls-Eye With Latest Earnings Report

The company’s third-quarter earnings and full-year guidance beat investor expectations. The pressure was on for Target this week as it prepared to deliver its third-quarter earnings report. Walmart managed to exceed Wall Street expectations with its recent earnings...

The Most Active Stocks for Tuesday, November 19, 2019

Markets are up this morning, even with a big decline in Home Depot (HD).   The company just reported quarterly revenue and same-store sales growth that were below estimates.  It also just warned about full-year sales and comps guidance. EPS of $2.53 was...

These Top Catalysts Will Drive Economic Growth in 2020

Goldman Sachs sees a pickup in economic growth in 2020. Analysts see GDP growing to 2.3% early in the year, averaging 2.1% for the full year. All based on lower interest rates, tariffs, and inventory cycle recovery, as highlighted by Yahoo Finance. Analysts believe...

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ISIS Leader Baghdadi Dead in Latest U.S. Raid

So much for those tough-talking terrorists. Over the weekend, President Trump announced that ISIS leader Abu Bakr al-Baghdadi was killed in raids raid in Syria.  All as the former terror leader was “whimpering and crying and screaming all the way,” as noted by...

Slack’s Active Users Grow 37% From a Year Earlier

Slack’s shares rose 5% after the company announced it has over 12 million active users. In June, Slack Technologies went public, and there was a lot of excitement from Wall Street. And while the stock did hit a downturn in September, for the most part, analysts have...

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The Most Active Stocks for Wednesday, November 20, 2019

Shares of Target (TGT) are up nearly 12% on the day after crushing earnings and raising its full-year 2019 forecast. CEO Brian Cornell said the results are “further proof of the durability” of Target’s investment strategy, as the retailer has an “unmatched suite of...

This Bill Could Soon End the Federal Ban on Cannabis

Cannabis stocks went down in flames in recent weeks. Poor earnings.  A disappointing rollout of legal cannabis in Canada, severe cash crunches, and the vaping controversy haven’t helped much.  Cannabis producers are burning through cash. Sales growth has so...