Why is Cardinal Health Falling After Announcing Upbeat Outlook? 3 Things Investors Need to Know
Shares of Cardinal Health (CAH) fell more than 3% in Tuesday’s trading session despite the company announcing that it expects its full-year fiscal 2024 earnings to come in at the high range of its guidance. The outlook in question is somewhere between $6.75 to $7 a share. Meanwhile, the FactSet consensus is $6.96. This could be part of what [...]
StoneCo Ltd Its All-Time High on December 22: Can it Power Ahead in 2024
by Leslie N. Masonson, MBA StoneCo Ltd (Nasdaq: STNE), was founded in 2000 in George Town, the Cayman Islands, where it is currently headquartered. The company offers financial technology and software applications to its 2.6 million customers and partners in the area of electronic commerce, and especially online, in-store and through mobile channels. Their clients comprise mostly small and [...]
Boeing Drops 9% After Panel Blowout Scare: 3 Things BA Investors Need to Be Aware of
Last week an Alaska Airlines flight experienced a near disaster on its flight from Portland, Oregon to Ontario, California. A Boeing 737 Max 9 aircraft experienced a full panel blowout just 6 minutes into the flight. As a result of the scare, the Federal Aviation Administration (FAA) made the decision to ground 171 Boeing 737 Max 9 aircraft for [...]
Small Cap Value ETFs: The Basics
by Leslie N. Masonson, MBA Investors always find it a challenge on where to invest their money. For example, depending upon the market cycle, large caps may be leaders while mid-caps and small-caps may be laggards. At other times, U.S. stocks can greatly outpace international stocks, as they have for many years and vice versa. In 2023 the “Magnificent [...]
Is Peloton’s TikTok Deal Enough to Justify Buying This Stock? 3 Things to Consider
Yesterday in Thursday’s trading session, Peloton (PTON) announced a new partnership with TikTok, sending shares 9% higher. The stock picked right back up in Friday morning’s trading session and has climbed more than 15% so far. Peloton will get its own “Hub” on TikTok, and it will be referred to as “#TikTokFitness Powered by Peloton”. Here, Peloton will be [...]
Walgreens Falls 6% After Announcing Dividend Cuts Despite Solid Earnings: Should Investors Sell WBA?
Shares of Walgreens (WBA) are down more than 6% in Thursday’s trading session after the drugstore retailer reported its fiscal first-quarter earnings. Earnings per share of 66 cents beat the consensus of 61 cents, while revenue of $36.71 billion topped the $34.86 billion expected. The company did report a net loss for the quarter of $67 million, or 8 [...]
