Morgan Stanley is Falling After a Favorable Earnings Day, But the Stock is Still a BUY: 3 Reasons Why
Morgan Stanley (MS) reported its fiscal 4th quarter earnings today before the market opened, and despite beating revenue forecasts, the stock is down more than 3% Tuesday morning. Revenue of $12.9 billion was a 1.2% improvement year over year, beating the FactSet consensus of $11.93 billion handsomely. Key segments in this performance were investment banking revenue (up 5%) and [...]
Kraft Foods Has Gained 20% in the Past Few Months: Why Now Might be the Time to Buy KHC
2023 was a tough year for Kraft Foods, or The Kraft Heinz Company (KHC). The company and its peers struggled compared to the rest of the market, with KHC in particular seeing a 9% drop. However, things began to turn towards the end of the year. This stock has rallied nearly 20% in the past 3 months, and there’s [...]
ETF Portfolio Review Basics
by Leslie N. Masonson, MBA Investing in an ETF is easy with the wide availability over 3,200 and many easy-to-navigate automated brokerage trading platforms offering zero commissions. The key question is whether or not you’ve done your homework to know what you are buying. Make sure you spend sufficient time reviewing the ETF’s objective, costs, benchmark, portfolio, short- and [...]
Wells Fargo is Falling After Provisioning Higher Loan Losses, But the Stock is Still a Buy: 3 Reasons Why
Wells Fargo (WFC) reported 4th quarter results this Friday morning that sent the share price slightly lower, as there is concern regarding a big jump in credit loss provisions. The California-based bank bolstered its reserves by 34%, specifically increasing the allowances for credit losses in credit card and commercial real estate loans. This was offset by a decrease in [...]
Plug Power Inc. Gets Downgraded Amidst Economic Challenges, Begging the Question: Is it Time to Sell?
Plug Power Inc. (PLUG) is down more than 8% so far in Thursday’s trading session after the stock received a downgrade from a team of analysts at SIG Susquehanna. As economic challenges continue to mount, the company has been changed from positive to neutral. Biju Perincheril and a team of other analysts pointed to the expectation that headwinds will [...]
Baby Powder Lawsuits Hurt JNJ while Closing Several Acquisitions; Down 11% in 2023, Is it a Sell?
Johnson & Johnson (JNJ) is known for baby products and the single-shot COVID-19 vaccine, making it a significant booster if you invested before the pandemic. However, following recent lawsuits, JNJ settled to pay $700 million following an investigation over its baby powder, while the COVID-19 vaccine was discontinued in the US, leading to an underwhelming performance in 2023. Is [...]
