20 Nov 2012 @ 17:28
Best Buy Co. Inc. (
NYSE:BBY): The stock tanked to $11.74 level after reporting weak quarterly results. The stock is currently trading at $12.07, down 12.22 percent from its previous close of $13.75. Best Buy’s yet another dismal quarter reported record loss at $10 million. The company had earned $156 million for the corresponding quarter of […]
19 Nov 2012 @ 18:02
With all the major indices firmly in green territory, markets are looking to recoup the losses sustained in the previous week. Among the news rocking the business world is privately held Hostess Group, which has threatened to liquidate itself on account of an ongoing strike. On the other hand homes sales report is out and […]
19 Nov 2012 @ 15:33
The future of Cisco (
NASDAQ:CSCO) has suddenly become very cloudy, but a 0.27% increase to $17.99 in its share price in pre-trading, not to mention common sense, indicates that, counter-intuitively speaking, their cloudy future is a very good thing. It will an interesting stock to watch on the NASDAQ today. The company announced this weekend […]
16 Nov 2012 @ 18:24
Nobody knows the company secrets better than its CEO. While most of us investors lack the resources to interact with a company’s top management, we can certainly pay heed to certain actions taken by them. The law requires a company’s top management to make public declaration about their trades in their company stock. So, when […]
15 Nov 2012 @ 18:01
Investors, even the veteran ones, have differing views about following analysts’ recommendations. While, it is never advisable to take your portfolio decision based on only analysts’ recommendations, it certainly helps to keep track of market’s opinion about a security. However, not all analysts are created equal. As a rule of thumb, I maintain a list […]
14 Nov 2012 @ 17:58
Markets are still grappling with economic woes in the country and in Europe. Major indices are trading in red and are following the trend this week so far. On the positive side, some major companies have announced positive quarterly results. However, the markets failed to respond correspondingly to the earnings surprises. Another stock in news […]
13 Nov 2012 @ 17:49
Markets started strong today, looking forward to make up for the losses sustained yesterday. However, the trading session seems to be re-tracing its yesterday’s moves as NASDAQ slipped into red territory. However, other major indices such as Dow Jones and S&P are still in green. The indices are mainly supported by the stocks presenting favorable […]
12 Nov 2012 @ 18:05
Markets started the week with a bang and all the major indices traded in the green territory. While ‘Fiscal Cliff’ is fast becoming the buzz word and Greek woes seem to stay here for quite some time, there seems to be some good news for the US as the country is likely to overtake Saudi […]
09 Nov 2012 @ 13:06
Analysts’ reports are an important source for carrying out your stock research. I always pay attention to upgrades and downgrades given by analysts. But apart from these upgrades and downgrades, I also pay attention to initiations. Many a times, Initiations are a routine matter but at other times it may signify important events. The new […]
08 Nov 2012 @ 15:18
Any good investor will tell you that it pays not to have all your eggs in one basket. The power of diversification is all the more potent in stock market. I like to diversify my holdings among different sectors. Basic Material companies form the core of an economy and generally are considered to be a […]