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59 minutes ago

Further Upside For SunPower Stock After 5% Rise Last Week?

SunPower Corporation stock has seen a strong rise of 5% over the past week and currently trades at around $22 per share. The stock rally was driven by the jump in the broader indices, supported by strong Q2 ’21 earnings reported at the start of August. SunPower reported revenues of $309 million...
1 hour ago

Hyatt Stock Looks Undervalued

The shares of Hyatt Hotels are currently trading at 20% below the pre-pandemic level observed in February 2020. Due to mandatory closures and a steep decline in leisure travel demand, the company reported $736 million of operating cash burn in 2020 and $58 million for H1 2021...
17 hours ago

Monthly Recap (September 6, 2021)

Stocks continued to power ahead with every major market average rising in August. This was led by the NASDAQ, which brushed off a sluggish start to the month to gain 4.0% overall. Conversely, the Dow Jones lost ground after peaking midway through the month and ultimately ended as the worst [...]
22 hours ago

Markets And The Fed Say Wake Me Up When September Ends

The jobs report effectively ended any chance of a September announcement of tapering and provided evidence of the impact of the increase in infections. The combination of infections, legislative activity, and poor seasonality for stocks might make us all say, “wake me up when September ends.”
Sep 6, 2021

Lockheed Martin Stock A Value?

After dropping to lows of $321 in Q1, the shares of Lockheed Martin reached the highs of $394 in Q2 – registering a growth of 22%. The declines in January were largely associated with concerns of production breaks from the pandemic. As the company’s fundamentals are backed by a huge order backlog...