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Incyte Corporation (INCY) Stock Forecasts

Summary

A handful of sectors are shining through the pandemic, while others are struggling badly. Through 3Q, six of 11 GICS sectors had positive performances for the year-to-date, and the S&P 500 was up 2%. The leading sectors included Technology (up 29%) and Consumer Discretionary (+23%). The badly lagging sectors include Real Estate (-10%), Financials (-21%) and Energy (-41%). On a three-year basis, two clear trends emerge: the Tech sector has outperformed three years in a row, while the Energy sector has lagged badly three years in a row. Will the trends reverse next year? We doubt it. Investors are eager to allocate capital to innovative IT companies that are connecting people (even as they are practicing social distancing) and making corporations more efficient. Meantime, the Energy sector is facing “peak demand” forecasts at some point in the next 2-3 decades, suggesting that the long-term growth outlook is capped. In

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Do Its Financials Have Any Role To Play In Driving Solution Dynamics Limited’s (NZSE:SDL) Stock Up Recently?

TipRanks

3 “Strong Buy” Stocks That Are Flirting With a Bottom

In the investing game, it’s not only about what you buy; it’s about when you buy it. One of the most common pieces of advice thrown around the Street, “buy low” is touted as a tried-and-true tactic.Sure, the strategy seems simple. Stock prices naturally fluctuate on the basis of several factors like earnings results and the macro environment, amongst others, with investors trying to time the market and determine when stocks have hit a bottom. In practice, however, executing on this strategy is no easy task.On top of this, given the volatility that has ruled the markets over the last few weeks, how are investors supposed to gauge when a name is flirting with a bottom? That’s where the Wall Street pros come in.These expert stock pickers have identified three compelling tickers whose current share prices land close to

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Tech Rallies Most Since April in Stock Rebound: Markets Wrap

(Bloomberg) — U.S. stocks rebounded from a three-day rout, as dip buyers poured into beaten-down tech shares to send the Nasdaq 100 to its best day since April. The dollar fell versus major peers.

The S&P 500 Index rose the most since June, though finished well off its session highs. The Nasdaq gains followed an 11% rout took it down to the average price over the past 50 days. Tesla also bounced off that closely watched level after suffering its biggest selloff. Computer chip and hardware makers rose, led by Advanced Micro Devices Inc. and Apple Inc. Shares climbed broadly in Europe.

“Dip buyers have been handsomely reward for the last 12 years,” said Randy Frederick, vice president of trading and derivatives at Charles Schwab & Co. “There’s substantial amounts of capital on the sidelines still available to come into the market.”

Treasuries retreated and Bloomberg’s dollar index turned lower.

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Auswide Bank Ltd (ASX:ABA) Looks Like A Good Stock, And It’s Going Ex-Dividend Soon

Some investors rely on dividends for growing their wealth, and if you’re one of those dividend sleuths, you might be intrigued to know that Auswide Bank Ltd (ASX:ABA) is about to go ex-dividend in just 4 days. Investors can purchase shares before the 3rd of September in order to be eligible for this dividend, which will be paid on the 18th of September.

Auswide Bank’s next dividend payment will be AU$0.11 per share. Last year, in total, the company distributed AU$0.35 to shareholders. Based on the last year’s worth of payments, Auswide Bank has a trailing yield of 7.0% on the current stock price of A$5.1. We love seeing companies pay a dividend, but it’s also important to be sure that laying the golden eggs isn’t going to kill our golden goose! As a result, readers should always check whether Auswide Bank has been able to grow its dividends, or

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Canadian Spirit Resources Inc. Announces Second Quarter 2020 Financial Results and Grant of Stock Option

Classified in: Business
Subject: EARNINGS

CALGARY, Alberta, Aug. 27, 2020 (GLOBE NEWSWIRE) — Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces the release of its interim financial results and Management Discussion and Analysis (“MD&A”), for the six month period ended June 30, 2020. In addition, CSRI announces that it has granted incentive stock options to acquire 1,000,000 common shares of the Corporation for a price of $0.05 per share for a period of five years in accordance with the terms and conditions of the Corporation’s Stock Option Plan.

Second Quarter 2020
This news release summarizes information contained in the unaudited interim condensed financial statements and MD&A for the three and six months ended June 30, 2020, and should not be considered a substitute for reading these full disclosure documents which are available on SEDAR at www.sedar.com or the Corporation’s website at www.csri.ca.

The following summarizes certain selected

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Credit Suisse Thinks Bain Capital Specialty Finance’s Stock is Going to Recover

In a report issued on May 1, Douglas Harter from Credit Suisse maintained a Buy rating on Bain Capital Specialty Finance (BCSF – Research Report), with a price target of $15.50. The company’s shares closed last Monday at $9.22, close to its 52-week low of $7.12.

According to TipRanks.com, Harter is a 4-star analyst with an average return of 4.1% and a 63.8% success rate. Harter covers the Financial sector, focusing on stocks such as Ellington Residential Mortgage, Essential Properties Realty, and Arlington Asset Investment.

Currently, the analyst consensus on Bain Capital Specialty Finance is a Hold with an average price target of $10.67.

See today’s analyst top recommended stocks >>

Bain Capital Specialty Finance’s market cap is currently $499.5M and has a P/E ratio of 5.10. The company has a Price to Book ratio of 0.49.

Based on the recent corporate insider activity of 10 insiders, corporate

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Investor’s Business Daily | Stock News & Stock Market Analysis

About Investor’s Business Daily – Investor’s Business Daily provides exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market. All of IBD’s products and features are based on the CAN SLIM® Investing System developed by IBD’s Founder William J. O’Neil, who identified the seven common characteristics that winning stocks display before making huge price gains. Each letter of CAN SLIM represents one of those traits.


Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the stocks they discuss. The information and content are subject to change without notice.

*Real-time prices by

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