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By Kuldip K. Ambastha During this past trading week, stocks in the casino sector suffered greatly. After positive daily returns on Monday, September 13, negative daily returns were mostly seen for the rest of the trading week for Las Vegas Sands Corporation (LVS) and Wynn Resorts, Limited (WYNN) per the table seen above (except for …
By Kuldip K. Ambastha Palo Alto Networks, Inc. (PANW) is a leading cybersecurity company with a worldwide client list. On Tuesday, August 24, 2021, the company’s stock had a +18.6% gain for the trading day. This return was the best trading day return ever seen for the stock of Palo Alto Networks. An impressive earnings …
Continue reading “What Caught Our Attention in the Investment World? – Week of August 23-27, 2021”
By Kuldip K. Ambastha On Tuesday, July 20, 2021, the stock of HCA Healthcare, Inc. (HCA) was up by +14.4%. HCA Healthcare, a healthcare services company, reported strong 2Q2021 quarterly results on that trading day. Revenues, net income, and earnings all came in at impressive levels. As public health conditions have improved from the lows …
Continue reading “What Caught Our Attention in the Investment World? – Week of July 19-23, 2021”
By Kuldip K. Ambastha DiDi Global Inc. (DIDI) is a Chinese vehicle for hire company, with corporate headquarters in Beijing. The company went public on Wednesday, June 30, 2021, on the New York Stock Exchange (NYSE). On Tuesday, July 6, 2021, the stock had a significant -19.6% decline for the day. The Cyberspace Administration of …
Continue reading “What Caught Our Attention in the Investment World? – Week of July 6-9, 2021”
By Kuldip K. Ambastha BlackBerry Limited (BB) is a well-known Canadian multinational company which had been named Research In Motion (RIM) initially. The technology (tech) company initially became famous for its BlackBerry line of pagers, smartphones, and tablets. Its current focus is on enterprise software and the Internet of Things (IoT). On Tuesday, January 19, …
Continue reading “What Caught Our Attention in the Investment World? – Week of January 19-22, 2021”
By Kuldip K. Ambastha On Tuesday, January 12, 2021, the stock of Etsy, Inc. (ETSY) had a +12.1% daily return. Etsy is a technology platform which serves as an online marketplace. Sellers are able to easily manage and scale their businesses (mainly focused on handmade products – arts, crafts, jewelry, clothing, and so on) through …
Continue reading “What Caught Our Attention in the Investment World? – Week of January 11-15, 2021”
By Kuldip K. Ambastha On Tuesday, December 22, 2020, IAC/InterActiveCorp (IAC) delivered a +14.1% return for the day. IAC/InterActiveCorp is an American holding company, headquartered in New York City, NY. The company has a variety of underlying holdings, mainly in the media / Internet arena. The Board of Directors of IAC/InterActiveCorp approved a plan to …
Continue reading “What Caught Our Attention in the Investment World? – Week of December 21-24, 2020”
By Kuldip K. Ambastha During the past trading week, Carvana Co. (CVNA) delivered a +30.6% return on Tuesday, September 22, 2020, due to strongly positive financial results showing ongoing growth. Carvana Co. is an innovative retailer which sells cars out of huge vending machines, and during the latest quarter it showed impressive projected data related …
By Kuldip K. Ambastha Tesla, Inc. (TSLA) had strong returns for four of the five trading days of this past week, as seen in the table above. In advance of its upcoming 5-to-1 stock split (announced last week on Tuesday, August 11, 2020) which will occur on Monday, August 31, 2020, Tesla closed at an …
Continue reading “What Caught Our Attention in the Investment World? – Week of August 17 – 21, 2020”
By Kuldip K. Ambastha Chesapeake Energy Corporation (CHK) of Oklahoma City, OK was in the news this week. The company was founded by Tom L. Ward (currently the Chairman and CEO of privately held MACH Resources) and the now-late Aubrey K. McClendon in 1989 with an initial funding of $50,000. Robert D. Lawler (aka: Doug …