Why DexCom Fell 8% Monday Morning and What Investors Should Do About This Stock
Monday morning’s trading session was not a pleasant one for DexCom (DXCM) or its investors. Shares of the medical device manufacturing company fell 8% by 12PM EST with no signs of slowing down. But what happened to cause this slip? It wasn’t necessarily anything DexCom did or didn’t do. Rather, close competitor Abbott Laboratories gained FDA clearance to pair [...]
Lantheus Holdings, Inc. Bolts 21% Higher on Year-Over-Year Triple Digit Revenue Growth
Last week, the stock market had its worst week in 2023 down about 2-3% depending upon the index selected, but Lantheus Holdings, Inc. (Nasdaq:LNTH) stock price jumped 21.3%. That was because its worldwide revenues for the fourth quarter and full year 2022, accelerated 103.1% and 119.9%, respectively, over prior year periods. Although not a household name, LNTH is well-known [...]
Silvergate Tanks 57% After Delaying Annual Report Again…Time to Cut Losses on This Stock?
Silvergate (SI) experienced an abysmal day of trading Thursday after announcing on Wednesday that its annual report is going to be delayed further than expected - after already announcing they’ll miss the deadline of March 16. The bank has had as brutal a year as one can imagine, with shares falling an astounding 96% in the last year period. [...]
Salesforce Cost-Cutting Efforts Lead to Upbeat Earnings, 12% Jump in Stock Price: Time to Buy?
Salesforce (CRM) delivered its 4th quarter earnings yesterday after trading hours, and the stock is up 12% so far in Thursday’s session. The company’s cost-cutting efforts are starting to pay off in a major way. Revenue itself soared 14% up to $8.38 billion, but what really has investors and analysts excited is profitability. The company saw a 100% growth [...]
Lowes Drops 5% From Earnings Miss & Lackluster Outlook: 3 Things For Investors to Take Note of
Early Wednesday, Lowes (LOW) reported its fiscal fourth-quarter earnings - which left much to be desired. The company missed revenue estimates and took a step back in profit. And to make matters worse, the company expects 2023 to be a step backward. While Wall Street was expecting revenue of $22.69 billion, Lowes came up just short at $22.45 billion. [...]
THE SEVEN DEADLY SINS OF INVESTING.
Dr. DiLiddo may be retired, but he’s not done sharing his wisdom. I don’t believe that he’ll ever retire from sharing his insights and expertise in an effort to help individual investors, like you and me, make money in the stock market. His most recent brainchild, The Seven Deadly Sins of Investing, is one that I have been chomping [...]