By Kuldip K. Ambastha and Anil K. Ambastha Shake Shack Inc. (SHAK) is an American fast casual restaurant chain headquartered in New York, NY. The company announced its latest quarterly earnings and other key figures during this week. Same-store sales grew by 2.0% in 3Q2019, which was less than the 2.5% figure expected. The company …
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By Kuldip K. Ambastha and Anil K. Ambastha Pacific Gas & Electric Co. (PCG), aka: PG&E Corp., announced it would file for Chapter 11 bankruptcy on January 29, 2019 due to massive claims caused by deadly wildfires. Since then, its stock has still been trading actively on the New York Stock Exchange (NYSE) as legal …
Continue reading “What Caught Our Attention in the Investment World? – Week of October 7-11, 2019”
By Kuldip K. Ambastha and Anil K. Ambastha Acadia Pharmaceuticals Inc. (ACAD) is a biopharmaceutical company which has Nuplazid (aka: pimavanserin) in its product pipeline. Nuplazid has been used by individuals suffering from Parkinson’s disease-linked psychosis. Acadia has now analyzed Nuplazid in relation to individuals suffering from dementia-related psychosis. Currently, no approved drugs exist in …
Continue reading “What Caught Our Attention in the Investment World? – Week of September 9-13, 2019”
By Anil K. Ambastha and Kuldip K. Ambastha Second-quarter earnings season started in earnest this week and will continue for the next 3-4 weeks. This week, the S&P 500, Dow 30, and Nasdaq indices respectively dropped by 1.23%, 0.65%, and 1.18%. Thus, movement of the indices was fairly benign and insignificant. However, individual stocks can …
Continue reading “What Caught Our Attention in the Investment World? – Week of July 15-19, 2019”
We provide investment advisory / management solutions to clients. For a LIMITED time only, my firm can analyze any portion of your investment portfolio once for FREE for suitability and validation purposes, if you would like. Please contact us today for our firm’s presentation materials and a FREE analysis. Email us at kuldip@ambasthafinancial.com today. Ambastha …
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Ambastha Financial LLC is a Registered Investment Advisor (RIA). We primarily create diversified, stock-based portfolios, with some mutual funds / exchange-traded funds (as needed) plus selected options to create extra income (as appropriate). Stock-based portfolios are customized for your goals, objectives, and risk attitudes. We collect such information via a questionnaire plus oral conversations with …
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