Stocks should be crushed by global turmoil, Jim Cramer says. Instead, they're doing fine.
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Until we see deep-pocketed institutional buyers snapping up European bonds, we'll remain in market purgatory. Unfortunately, it's tough to see such a scenario.
We need more Jon Corzines.
That's the only way to put it when you look at these bond auctions in Europe. Italy prices some bonds at 7.8%, and we need Corzine in there snapping them up for MF Global, with leverage. We need someone showing people it is a good bet and putting some flex behind the muscle.
Unfortunately, MF Global went bankrupt doing so. Instead we have the Italian people stepping up and getting a decent return on their money as part of a 'Buy Government Bonds' ploy by the Italian government. An individual sucker is born every minute. We need some more institutional suckers now.
Shares of the tech giant are ridiculously cheap.
No one is sure why Apple (AAPL) shares are so cheap. The stock's price-to-earnings ratio is 13.14 (on a trailing basis) -- near the lowest level in the past five years and less than the average for the S&P 500, which is 19.
During that same time period, as Apple changed the world with the iPod, iPhone and iPad, shares have soared more than 300%. And Wall Street analysts think the good times aren't going to end anytime soon. They have an average price target of $505.94. The high estimate is $700.
With the high-stakes drama in Europe, investors looking for the traditional end-of-year rally may find hopes dashed this time around.
The Standard & Poor's 500 index ($INX) usually gains about 1.5%, Dow Jones reports. Investors are reworking their portfolios, feeling good about the holidays and looking forward to the new year.
But this December could well be a little darker.
A share buyback and a stake by Buffett are among the reasons to get charged up over this stock.
By Nicholas Vardy, Bull Market Alert
Serving approximately 22,000 financial institutions, think of MasterCard (MA) as a financial toll road, making its money on each of the transactions it processes. In doing so, MasterCard racks up $545 billion in transactions each year.
Even with the U.S. economy in the doldrums, MasterCard has been making a mint from the global trend toward a switch to cashless payments — whether using credit cards or debit cards.
The pharmaceutical company's share price reflects the bad news but not the potential positives.
Once a highflying growth darling on Wall Street, TevaPharmaceuticalIndustries (TEVA)has fallen from favor. Many nervous shareholders bailed out of the stock because of a string of adverse events, including the pending loss of patent protection in 2014 for its blockbuster MS drug Copaxone. Shares of Teva have tumbled about 40% to $38 a share from a high of $64.54 in late March 2011.
But for opportunistic and not "of the herd" investors, the world’s largest generic-drug maker should be an enticingly attractive buy. And some of the smart-money crowd have been snapping up shares in anticipation of a sharp snap-back.
A lineup of upgrades contributed to Monday's market rally.
Global markets have weakened as the European debt crisis worsens, but US investors can take comfort in several positives.
It is said that opportunities are never lost -- someone else will catch the one you miss. And the saying remains true in the equity market. No one wants to miss a good opportunity to make exceptional profits.
So, is this the time to take the plunge? Or should we wait for the markets to fall further?
Trouble in the housing sector has led to a boom in rentals, benefiting some investment trusts.
The housing market may still be down for the count, but if there's one pocket of absolute strength, it has to be apartment-based real-estate investment trusts.
In the wake of the housing bubble, the rate of home ownership has taken the biggest tumble in 70 years. The end result has been a bona fide boom in apartment rentals.
Investors are hoping for something out of a December meeting of European leaders to address the problem.
Shares of retailers bounced on bullish reports from Black Friday. But experts are urging caution.
Consumers remain stressed due to high unemployment and a lackluster real estate market, neither of which is showing signs of rapid improvement. A recent Gallup Poll found that 49% of Americans are feeling better about their financial situation, down from 53% a few months ago. Experts are not expecting consumers to splurge much this year.
The company will continue to dominate the tablet market, despite competition from Amazon, Research in Motion and others.
However, news reports conflict over the timing and the specifications of these devices. One report suggests that suppliers are already shipping millions of panels for the iPad 3. Another says that Apple will launch the iPad mini early next year and the more powerful iPad 3 by the second quarter.
This stock now trades at half the level at which the CEO bought a quarter of a million worth of shares in August.
Just twelve short months ago, rare earth play Molycorp (MCP) posted third-quarter 2010 revenues of $8.5 million.
For the same period this year, sales just spiked 16-fold to $138 million. More important, net income swung from a steep $10 million loss to a hefty $48 million profit, or $0.52 per share.
While registered users on the social network are visibly expanding, information about Facebook's revenue and operating margins is erratic at best.
While valuations for the company have gone to as high as $100 billion in private markets, an initial registration statement is all it takes to provide a much clearer picture of how Facebook's metrics are faring. Facebook leads the global social networking arena, competing with the likes of Google (GOOG), LinkedIn and MySpace.
Prominent home construction stocks are showing important bottom patterns, setting up opportunities in these stocks and a sector ETF.
By Tom Aspray, MoneyShow.com
This week brings lots of data on the housing market with new home sales due out Monday, followed by the S&P Case-Shiller housing price index on Tuesday. On Wednesday, pending homes sales for October are due, followed by the latest report on construction spending.
Last week, the National Association of Realtors reported that while sales rose in October, prices are still declining. Another positive for the housing market is that rents in many areas have risen to the point where owning a home is now cheaper than renting.
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4 analysts downgrade the stock the day after a disappointing quarterly report.
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[BRIEFING.COM] The stock market ended the Wednesday session on a mixed note. The tech-heavy Nasdaq displayed relative strength, climbing 0.4%, while the S&P 500 added 0.2% with five sectors settling in the green. For its part, the Dow Jones Industrial Average (-0.2%) spent the entire session below its flat line.
Equities started the midweek affair on a rather unassuming note in the absence of market-moving news or economic releases. With those pieces missing from the equation, ... More
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