Analyst Now Sees Apple Stock Rising to $600
courtesy of Apple Inc.Apple Inc. (NASDAQ: AAPL) was given new analyst coverage with a Buy rating this week and what felt like a ridiculous $777 price target. While we took a slight issue with…
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Jon C. Ogg
Unemployment and Jobs Not Good Enough to Bring End to Quantitative Easing
Ed Brown, via Wikimedia CommonsIf you have been watching the jobs data ahead of the unemployment report, chances are high that you would have looked for a decent to good report on Friday. The…
Top Analyst Downgrades and Stocks to Sell: Buckeye, MannKind, VistaPrint and More
Jon OggInterest rates have risen and volatility in stocks has resumed. Traders and investors are looking for bargain stocks but also trying to decide which stocks they should get out as well. These same…
Top Analyst Upgrades and Stocks to Buy: E*Trade, KeyCorp, Ericsson and More
Investors and traders alike often look for new research ideas that can lead to higher income and profits. 24/7 Wall St. reviews dozens of new analyst research calls each morning. Some turn out to…
Which Telecom and Wireless Companies Can (and Cannot) Still Be Acquired?
ThinkstockWhat generally happens when industries have only regional providers or merely a whole slew of competitors? Usually it boils down to mergers for size and scale, then outright acquisitions to eliminate competition. We have…
Eleven Countries with Soaring Inflation
ThinkstockWhile inflation has been relatively tame in the United States and Europe, several large nations have struggled with rising prices. Sadly, most instances are simply stagflation, where prices are rising but the economic growth…
Is It Really Smart to Exit the Student Loan Business?
ThinkstockWith all of the concern about the cost of college followed with massive student debt, one has to wonder why anyone would still want to be in the student loan business. The government has…
Major Insider Selling in Pandora Media Shares
ThinkstockPandora Media Inc. (NYSE: P) may have released news that its listening hours rose by 16% in August. It also said that its total U.S. market share of all radio was 7.46%, an increase…
Powerball Lottery Now Over $200 Million: What to Do and Not to Do If You Win
ThinkstockSomehow and some way the new Pennsylvania Lottery Powerball jackpot already has crossed back above the $200 million mark for the winning lottery pool. Because 24/7 Wall St. is so concerned with the nation’s personal…
Ammunition Giant ATK Scores Bolt-On Bushnell Deal in Scopes and Optics
Alliant Techsystems Inc. (NYSE: ATK) is making what may be a game-changing acquisition. The reality is that it is a simple bolt-on merger for the company, but it opens up the company to even…
Sterne Agee Sees More Book Value Risks for High-Yield Dividend MBS REITs
The analyst team at Sterne Agee has updated its book value estimates for the high-yield mortgage-backed securities (MBS) real estate investment trust (REIT) sector. The move is based on rising interest rates that keep…
All Jobless Numbers Likely to Impact Unemployment Rate
Ed Brown, via Wikimedia CommonsFriday’s report from the U.S. Department of Labor likely either will shock or enthrall the stock and bond market. After all, we have a tentative Syrian military strike to contend…
Can Apple Really Hit a $777 Analyst Price Target and New All-Time Highs?
JoeInQueens, via Wikimedia CommonsApple Inc. (NASDAQ: AAPL) was the beneficiary of what has become a very rare analyst upgrade for the case to buy Apple shares. The stock was initiated by Cantor Fitzgerald in…
Fracking and Shale Oil and Gas IPO Coming from EP Energy
ThinkstockThere is another emerging oil and gas company that now wants to come public. EP Energy Corporation has filed its paperwork with the SEC to come public via an initial public offering. Because this…
The Real Issue of the Beige Book: Modest Versus Moderate Growth!
courtesy U.S. Federal ReserveAnother month has started, and another report from the Federal Reserve is out to give investors new reason to cheer or shudder from much of the same observations that have been…
Defense and Warfare Stocks Starting to Gain from Syria Military Action
Courtesy Boeing Co.It was barely over a week ago that we couldn’t help but notice how the aerospace and defense stocks were getting hit hard to lower share prices despite the notion that military…
Intel Goes Deeper into Cloud and Data Center After Missing Mobile
Wikimedia CommonsIntel Corp. (NASDAQ: INTC) is unveiling new technology for cloud applications. The semiconductor and processor giant is bringing out new systems-on-chip (SoCs) to optical fiber for cloud-optimized products on network, storage, microservers and…
Morgan Stanley Turns into Extreme Stock Market Bull
This year already has been a great one for stocks. The S&P 500 Index is up almost 16% after Wednesday’s gains to 1,654 as of mid-day, and the bull market may get another boost if…
How a Plant Fire Helps Micron and SanDisk
ThinkstockMicron Technology Inc. (NASDAQ: MU) and SanDisk Corp. (NASDAQ: SNDK) are both winning at the loss of one of their competitors in the world of DRAM. Reports of a fire at a Chinese plant…
Weak Trade Deficit Brings Opportunity for Oil and Gas Exporters
ThinkstockIf you are a shale driller and into fracking, there is a huge opportunity for oil and gas exports after looking at the latest trade data. The latest report on international trade, the trade…