FedEx Falls After Cutting Full-Year Revenue, Should You Sell?
In a crushing quarter 2 report released yesterday, FedEx (FDX) cut its full-year revenue to $22.2 billion in 2024 from $22.8 billion in 2023. The report caused FedEx to fall 9.8% in the stocks, ruining months of gains. Despite the market’s adverse reaction, nobody can blame a company for cutting costs during high interest rates, and investors are still [...]
Lowe’s Drops on Dwindling Sales for Q3, Reduced Guidance: We Still See Reasons to BUY This Stock
Lowe’s (LOW) slipped a little over 1% in Wednesday's trading session after delivering disappointing Q3 earnings followed by a reduced guidance for the year ahead. While the home improvement retailer did exceed the earnings expectation with $3.06/share compared to the $3.02/share consensus, a cinch in consumer spending is becoming more and more apparent. The company reported a drop in [...]
FuelCell Energy Falls on Earnings Disappointment, But it May Not be Time to Cut Losses Just Yet
FuelCell Energy (FCEL) was rallying hard in the past week leading into the company’s Q4 earnings day. The stock had climbed nearly 45% as investors were optimistic about what was to come. That trend has completely reversed as the company delivered disappointing results for the quarter in Tuesday’s trading session. FCEL is down nearly 7% this morning. The company [...]
Nio Gains 5% After $2.2 Billion Infusion From Abu Dhabi Investor: Should You Invest in NIO Yourself?
Shares of Nio Inc. (NIO) started Monday morning on a solid note, gaining 8% in pre-market trading before settling at around a 5% gain when the market opened. This came after the electric vehicle manufacturer released a statement that it had received a $2.2 billion investment. The cash infusion came from Abu Dhabi investor CYVN, who has purchased 294 [...]
Gibraltar Industries, Inc. Hits 2023 High on December 15: Can it Keep Going Higher?
by Leslie N. Masonson, MBA Gibraltar Industries (Nasdaq:ROCK), was incorporated in 1972 in Buffalo, New York where it is currently headquartered. It has $1.36 billion in annual sales and a market capitalization of 2.37 billion with 2,117 full-time employees. As a conglomerate, the company manufactures and distributes building products for the renewable energy, residential, agricultural tech, and infrastructure markets [...]
When to Buy the Dip: Tips on Finding the Perfect Entry in Any Stock
Ever found yourself eagerly buying the dip, only to watch in dismay as it keeps dipping? Or worse, hesitated and missed the golden opportunity altogether? Navigating the elusive ‘perfect entry’ in stock trading can be a high-stress, guesswork-driven ordeal. But it doesn’t have to be - you can effortlessly find the best time to buy stocks with the VectorVest stock [...]