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What Caught Our Attention in the Investment World? – Week of January 6-10, 2020

By Kuldip K. Ambastha and Anil K. Ambastha On Monday, January 6, 2020, the stock of SmileDirectClub Inc. (SDC) rose by 21.6%. SmileDirectClub specializes in the teledentistry sector, and has its headquarters in Nashville, Tennessee. SmileDirectClub has announced a deal with Walmart Inc. (WMT) to sell its products inside Walmart stores plus on the Walmart …

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What Caught Our Attention in the Investment World? – Week of December 30, 2019 – January 3, 2020

By Kuldip K. Ambastha and Anil K. Ambastha On Friday, January 3, 2020, Tesla, Inc. (TSLA) delivered a gain of 3.0% closing at an all-time high of $443.01 per share due to positive news. Intra-day, the share price reached as high as $454.00 per share. Tesla beat Wall Street estimates for both car production and …

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What Caught Our Attention in the Investment World? – Week of November 25-29, 2019

By Kuldip K. Ambastha and Anil K. Ambastha Best Buy Co., Inc. (BBY), a big-box electronics retailer business headquartered in Richfield, MN, delivered strong results for 3Q2019. During the quarter, the company exceeded expectations on many fronts, such as earnings, revenues, and same-store sales. The key product and service lines which performed well were tablets, …

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