What Caught Our Attention in the Investment World? – Week of November 7-11, 2022

By Kuldip K. Ambastha YETI Holdings, Inc. (YETI), an outdoor products company, had its stock price shoot up by +31.6% per share on Thursday, November 10, 2022, followed by another +10.0% per share on Friday, November 11, 2022. The company announced strong performance results in 3Q2022, and this information drove the increase in the stock …

What Caught Our Attention in the Investment World? – Week of September 26-30, 2022

By Kuldip K. Ambastha On Thursday, September 29, 2022, the stock price of CarMax, Inc. (KMX), a used vehicle retailer, dropped by -24.6% per share. The American company’s latest quarterly performance results disappointed Wall Street, especially from the perspective of earnings per share (EPS). The current landscape of high inflation, higher interest rates (making for …

What Caught Our Attention in the Investment World? – Week of September 12-16, 2022

By Kuldip K. Ambastha On Thursday, September 15, 2022, the stock of Spectrum Brands Holdings, Inc. (SPB), a branded consumer products company, fell in price by -16.2% per share. Within Spectrum Brands Holdings, there is a residential door hardware division offering the Baldwin and Kwikset brands. A rival company had expressed interest in acquiring this …

What Caught Our Attention in the Investment World? – Week of August 22-26, 2022

By Kuldip K. Ambastha The stock price of Burlington Stores, Inc. (BURL), an American off-price (discount) department store retailer once known as Burlington Coat Factory, fell by -10.2% per share on the trading day of Thursday, August 25, 2022. 2Q2022 corporate performance results were quite satisfactory, in general. However, 3Q2022 and 2022 corporate performance guidance …

What Caught Our Attention in the Investment World? – Week of August 8-12, 2022

By Kuldip K. Ambastha The stock of VIZIO Holding Corp. (VZIO), a company involved in designing and manufacturing consumer electronics, had a +18.1% per share rise in price on Thursday, August 11, 2022. For 2Q2022, the company’s sales did not match or exceed Wall Street equity research analyst expectations. However, the company also delivered a …

What Caught Our Attention in the Investment World? – Week of December 20-23, 2021

By Kuldip K. Ambastha On Tuesday, December 21, 2021, the stock of Carnival Corporation & plc (CCL), a leisure travel company, delivered an +8.7% gain for the trading day. Investors cheered on the company’s plan to return to profitability, which includes an anticipated profit in the second half of 2022. The company expects that COVID-19’s …

What Caught Our Attention in the Investment World? – Week of August 2-6, 2021

By Kuldip K. Ambastha On Wednesday, August 4, 2021, General Motors Company (GM), a prominent automotive company, had a -8.9% loss for the trading day. While General Motors posted impressive numbers as part of its earnings announcement on that day, investors were nonetheless concerned about corporate management emphasizing caution for the second half of 2021. …

What Caught Our Attention in the Investment World? – Week of June 1-4, 2021

By Kuldip K. Ambastha As the table above shows, AMC Entertainment Holdings, Inc. (AMC) had a volatile trading week like what a rollercoaster ride could entail. AMC Entertainment Holdings is a holding company with movie theaters all over the world. AMC Entertainment Holdings is one of several meme stocks watched closely by retail investors on …

What Caught Our Attention in the Investment World? – Week of May 17-21, 2021

By Kuldip K. Ambastha On the trading day of Thursday, May 20, 2021, the stock of Kohl’s Corporation (KSS) had a -10.2% loss. Kohl’s Corporation, a prominent American department store retail chain, beat its 1Q2021 consensus estimates in terms of key metrics such as revenues, sales, and earnings. However, the stock price still saw a …