Target Points to Weakening Demand and Pride Month Debacle in Latest Earnings: How Bad is it?
Early this morning Target (TGT) reported second-quarter earnings that beat expectations while revenue fell just short of analyst estimates. But, the key takeaway from the call was that the company was reevaluating its full-year guidance, walking back its previous forecast. In fact, the company is expecting sales to decline by mid-single digits for the full fiscal year. Inflation has [...]
When to Sell Stocks to Capture Profits and Avoid Losses: Introducing Stop Prices
When to sell stocks: a decision laden with complexity, suspense, and often, a hefty dose of emotion. Knowing when to bid farewell to a part of your portfolio can feel like navigating a maze without a map, filled with questions of timing, profit, loss, and market shifts. The decision to let go is the crossroads where hope, fear, and pragmatism [...]
The Metals Company Stock Pops After News of a $27m Capital Raise: Does it Justify Buying the Stock?
Word broke on Monday morning that the Metals Company (TMC) has been approved to raise gross proceeds of as little as $27 million or up to $38 million through a registered direct offering. The company specializes in deep-sea floor mining, pulling low-impact battery metals from seafloor polymetallic nodules. And after struggling to retain its footing in the stock market [...]
Can Stealthgas Inc. Continue Higher From Here?
by Leslie N. Masonson, MBA Stealthgas Inc. (GASS), is a Nasdaq-listed firm incorporated in 2004 with headquarters in Athens, Greece. The company provides global seaborne transportation services to LPG producers and users, as well as ships natural gas and crude oil. The company maintains a fleet of 36 LPG ships with a capacity of nearly 300,000 cubic meters. Revenues [...]
U.S. Steel Gains 30% After Declining $7.3b Offer – Should You Buy X as Other Offers Are Considered?
Shares of U.S. Steel (X) have skyrocketed more than 30% so far in Monday morning’s trading session. The company just turned down a whopping $7.3 billion offer to acquire the company from Cleveland-Cliffs. This deal would have had incredible implications for the steel industry as a whole - but for now, it’s business as usual for the country’s largest [...]
Key Criteria to Consider Before Purchasing An ETF
by Leslie N. Masonson, MBA Purchasing ETFs is more complex than purchasing mutual funds and individual stocks when you take into account their key attributes and the dizzying number of choices available. With a universe of 3,159 ETFs, investors and traders struggling to select a few ETFs for their regular and retirement portfolios may be overwhelming as to determine [...]
