-$0.69 (-1.3%)
Closing price May 16, 2022
The top analyst upgrades, downgrades and initiations seen on Tuesday included Albermarle, Alphabet, Booking, Box, CenturyLink, Cigna, DowDuPont, Kraft Heinz, MercadoLibre, Tesla and Waste Management.
The top analyst upgrades, downgrades and initiations seen on Wednesday included Alphabet, Amarin, Apple, AutoNation, BlackRock, E*Trade, Etsy, Kellogg and PG&E.
While GE and GE Capital are busy selling off their energy portfolio, Baker Hughes, the GE-controlled oilfield services company, is investing in a Middle Eastern drilling firm.
Stocks were up big on Friday after a solid jobs report and less wage inflation. The major stock market indexes were indicated to open marginally higher on Monday as well. The bull market is now...
If Wall Street is correct here, the recently completed IPO of ADT could still offer quite a bit of upside to investors.
Another week in which insider buying dominated the insider selling. This remains incredibly positive for stock investors after an eight-year bull market.
Strong insider buying is a positive sign for investors, given that once again, despite the highest volatility we have seen this year, all the indexes are trading at or near their all-time highs.
Windows for corporate executives to sell and buy shares were closed during earnings reporting season, and when they started to open last week, the buyers stormed back into the market in full force.
With the markets once again bumping up against and trading around all-time highs, we were somewhat surprised to see as much insider buying as we did last week.
Insider activity was limited last week, with windows for transactions being mostly closed, but we did see some huge institutional trades hit the tape.
A very slow week by normal insider buying standards, and as we always like to remind our readers during earnings season, it is very likely to stay this way.
According to a detailed and extensive analysis by Bloomberg, Blackstone CEO Steve Schwarzman earned $425 million last year, which put him at the top of payouts for private equity investors.
With long-term rates looking like they will stay at historically low levels for the next couple of years, dividend-paying stocks make even more sense than ever.
Apollo Global Management traded higher in the past week after earnings. There is also a follow-on move taking place that took the stock to 52-week highs.
The top analyst upgrades, downgrades and initiations seen on Monday include Barracuda Networks, Cabot Oil & Gas, Calpine, Delta Air Lines, FedEx, NVIDIA and US Steel.