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 June 7-11, 2021

By Kuldip K. Ambastha Biogen Inc. (BIIB), a biotech company, had a memorable Monday of this past trading week. On Monday, June 7, 2021, Biogen had a +38.3% gain for the day on its stock. Biogen’s Alzheimer’s disease treatment was approved by the U.S. Food and Drug Administration (FDA) as part of an accelerated approval …

What Caught Our Attention in the Investment World? – Week of October 14-18, 2019

By Kuldip K. Ambastha and Anil K. Ambastha During this trading week, JP Morgan Chase & Co. (JPM) was a star performer. Specifically, the company delivered on many fronts, in terms of strong underwriting data, an increase in mortgage banking activities, significant bond trading income, substantial wholesale and credit card loans, and positive home lending …

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, …