What Caught Our Attention in the Investment World? – Week of October 21-25, 2019

By Kuldip K. Ambastha and Anil K. Ambastha On October 22, 2019, Biogen Inc. (BIIB) delivered a 26.1% return for the day. This was the stock’s largest one-day percentage return in 23 years. Its Alzheimer’s drug (aducanumab) had previously been written off as a failure, but now will be getting a second chance at approval …

What Caught Our Attention in the Investment World? – Week of September 23-27, 2019

By Kuldip K. Ambastha and Anil K. Ambastha BlackBerry Limited (BB) is a prominent Canadian company, previously known as “Research In Motion.” The general public knows BlackBerry Limited best as the developer of the BlackBerry brand of phones and tablets, but in more recent years the company now provides enterprise software and services. From 2001 …

What Caught Our Attention in the Investment World? – Week of September 16-20, 2019

By Kuldip K. Ambastha and Anil K. Ambastha After reporting earnings results for the first quarter of its 2020 fiscal year ended August 31, 2019, the shares of FedEx (FDX), a package-delivery company, dropped by 12.9% on September 18. This drop is its biggest one-day percentage drop since the global financial crisis of 2008 and …

What Caught Our Attention in the Investment World? – Week of September 9-13, 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 …

What Caught Our Attention in the Investment World? – Week of September 3-6, 2019

By Anil K. Ambastha and Kuldip K. Ambastha This past week, the e-signature and electronic document company DocuSign (DOCU) impressed the market with its strong fiscal second-quarter results, improved outlook for the rest of the fiscal year, and addition of 29,000 new customers during the quarter. In return, DocuSign’s stock gained 21.7% on Friday, September …

What Caught Our Attention in the Investment World? – Week of August 19-23, 2019

By Anil K. Ambastha and Kuldip K. Ambastha Following its stellar second-quarter earnings due to the success of its store investments, online sales, and same-day delivery along with a stable outlook for the remainder of the year 2019, shares of a discount store chain, Target (TGT), had their biggest-ever one-day gain of 20.4% on Wednesday, …

What Caught Our Attention in the Investment World? – Week of August 12-16, 2019

By Anil K. Ambastha and Kuldip K. Ambastha Following its disappointing second-quarter earnings due to deep discounting amid rising inventory levels, concern about the potential impact of China tariffs in the future, and slashed earnings guidance for the rest of the year, shares of a retailer, Macy’s (M), dropped by 13.2% on August 14. Macy’s …

What Caught Our Attention in the Investment World? – Week of August 5-9, 2019

By Anil K. Ambastha and Kuldip K. Ambastha Following its second-quarter earnings report featuring lower than expected losses, higher than expected revenues, a year-over-year 39% increase of active users to 30.5 million, and bright future guidance, shares of a TV streaming platform operator, Roku (ROKU), rose by 20.9% on August 8. The company has lifted …

What Caught Our Attention in the Investment World? – Week of July 29-August 2, 2019

By Anil K. Ambastha and Kuldip K. Ambastha The second-quarter earnings report and guidance process parade is continuing. This week, reports from engineering and construction companies such as McDermott International (MDR) and Fluor Corporation (FLR) reflected large losses, revenue misses, and uncertain futures. Following its earnings report, shares of McDermott International (MDR) dropped 35.3% on …

What Caught Our Attention in the Investment World? – Week of July 22-26, 2019

By Anil K. Ambastha and Kuldip K. Ambastha Food industry and restaurant industry stocks generally move in a slow and steady manner. Also, once the initial hype is over shortly after an Initial Public Offering (IPO) of a company’s stock, generally, the IPO shares start to decline and, mostly, an IPO’s shares trade for less …