ThinkstockWhen well-known analysts make a major price call, investors and Wall St. usually listen. Outspoken bank analyst Richard Bove has done just that. The former Ladenburg Thalman and Rochdale securities analyst recently landed at…
January has been one great month for equity investors. With the Dow Jones Industrial Average up about 6.5% and challenging 14,000 again, and the S&P up more than 5.5% back above 1,500,…
ThinkstockLast month we wrote about the huge rally in the homebuilding stocks since the lows of the stock market in March of 2009. Stocks that were written off for dead like Lennar…
ThinkstockMany areas come into play when looking for stocks to add to a portfolio. Smart investors look for good earnings, dividends and solid growth prospects. In other words, strong fundamentals. One other…
thinkstockWe have tracked the key short interest changes as of January 15 in the following large cap stocks: General Electric Co. (NYSE: GE), Nokia Corp. (NYSE: NOK), Bank of America Corp. (NYSE:…
Stocks have rallied sharply during January after the last-minute congressional compromise on the fiscal cliff. While the deal was far from perfect, it averted not only a disaster for the U.S. economy,…
Last night we saw the news that Wells Fargo & Co. (NYSE: WFC) hiked its dividend to show that it has the top position of core banking strength in America. We expect…
ThinkstockWells Fargo & Co. (NYSE: WFC) has delivered on what we expect to be the first of the likely big bank dividend hikes in 2013. We would look for J.P. Morgan Chase…
courtesy of NetflixU.S. investigations of the Boeing Co. (NYSE: BA) 787 Dreamliner focus on its main battery. (Reuters) Intel Corp. (NASDAQ: INTC) offers a weak outlook for future quarters. (Reuters) China’s gross…
U.S. equity markets opened higher this morning following the report that new claims for unemployment benefits had fallen by 37,000 to a level not seen since 2008 (more coverage here). The government…
ThinkstockThe banking sector has by and large traded at a discount to its stated book value for quite some time. Many banks are still trading under their tangible book value, meaning that…
ThinkstockCitigroup Inc. (NYSE: C) shared its fourth-quarter and full-year 2012 results before markets opened this morning. The bank reported adjusted diluted quarterly earnings per share (EPS) of $0.69 on revenues of $18.66…
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseBank of America Corp. (NYSE: BAC) reported fourth-quarter and full-year 2012 results before markets opened this morning. The mega-bank reported diluted quarterly earnings…
Paul Ausick courtesy of DellOK, so the buyout of Dell Inc. (NASDAQ: DELL) may not be as much hype as the market was originally thinking. Buying a company for more than $20 billion is no…
ThinkstockWith banks having been the best DJIA sector in 2012, the outlook versus the valuation has started to play a game of catch-up as we are getting deeper into earnings season this…
