Eli Lilly Climbs 8% on Impressive Earnings and Upbeat Outlook as Drug Sales Surge: Time to Buy?
Eli Lilly & Co. (LLY) is up more than 8% so far Thursday morning after reporting second-quarter earnings that easily surpassed the Wall Street consensus. The company also raised its guidance for the full year. The drugmaker posted adjusted earnings per share of $3.92, well ahead of the $2.60 that was expected by analysts. Revenue of $11.30 billion also [...]
Optimizing Your Investment Portfolio Three Months Before a Presidential Election
Picture this: it's three months before a presidential election, and the stock market is buzzing with uncertainty and potential. With so many factors at play, it’s crucial to strategically position your investment holdings to capitalize on market trends and mitigate risks. Navigating this exciting yet unpredictable period can be challenging, but with the right approach, you can turn uncertainty [...]
CVS Falls After Disappointing Earnings as Healthcare-Benefits Struggle: Time to Sell?
CVS Health Corporation (CVS) is down 1% today, making it an 8% loss on the week so far. The company’s latest earnings painted another disappointing picture, this time, as the healthcare-benefits segment struggled. The company’s net income of $1.77 billion was quite a step back from $1.90 billion this time last year. This worked out to adjusted earnings per [...]
How to Trade Nasdaq Stocks or Indices
There are so many different stocks you can invest in as you begin building a stock portfolio - VectorVest tracks more than 16,000 of them! Yet, those listed on the Nasdaq are among the most exciting opportunities. These represent the highest-performance companies from the tech sector along with businesses from healthcare, consumer goods & services, and more. In saying that, [...]
Palantir Jumps 11% on Strong Q2 Earnings Fueled By AI Demand: Why It’s Not Quite Time to Buy PLTR
Shares of Palantir Technologies (PLTR) are up more than 11% Tuesday on the heels of an impressive second-quarter performance. The company shoved it to the naysayers with 27% growth in revenue amidst “relentless AI demand”. Adjusted earnings per share came in just above analyst expectations at $0.09 compared to $0.08. Net income of $134 million was a massive improvement [...]
Amazon’s Earnings and AI Stance Have Analysts Excited, But VectorVest Says to SELL AMZN Today
Amazon (AMZN) reported second-quarter earnings and spoke on its growing AI business, which was enough for some analysts to stand by their price targets. But as the stock continues to fall, VectorVest sees reason to consider selling it today. The online marketplace reported revenue of $147.98 billion, just short of the $148.56 billion consensus but still up 10% year [...]
