Why This Retailer Is Among the Few to Survive the Holidays Unscathed

Advance Auto Parts Inc. (NYSE: AAP) released its most recent quarterly results before the markets opened on Tuesday. The auto parts retailer said that it had $1.64 in earnings per share (EPS) and $2.1 billion in revenue, which compares with consensus estimates of $1.35 in EPS and $2.12 billion in revenue. The fourth quarter of […]

Nasdaq, S&P 500 Close Modestly Higher, Dow Nearly Unchanged

Stocks showed a notable move to the upside in early trading on Tuesday but gave back some ground over the course of the session. The major averages pulled back well off the record intraday highs set early in the session, although the Nasdaq and the S&P 500 still ended the day at new record closing […]

Drug Distributor Stocks in Focus Amid Opioid Settlement Jostling

Drug distributor stocks capped off a volatile trading session Friday by finishing mostly unchanged after The Wall Street Journal reported that 21 states had rejected a proposed $18 billion settlement deal offered by three leading drug wholesalers for their alleged roles in contributing to the nation's opioid crisis. The group of state attorneys general who […]

Apple Is Handcuffed to the iPhone. Just Like Its Customers

Apple Inc.’s earnings warning is an unfortunate reminder that, for all of its work to change investor perceptions over the past few years, it remains “the iPhone company.” For much of its six-year reign as the world’s biggest company by market capitalization through to the end of 2018, Apple was actually less valuable than Google […]

3 SunTrust Buy-Rated Biotech Stocks Have Massive Upside Potential

One reason that investors continue to do business with full-service brokerage firms is they generate researched and studied investment ideas. When they make a call, they typically have solid reasons and a good thesis to back up the call, regardless of whether it is a long or short idea. At 24/7 Wall St., we continually […]

Apple Kicks Off the Recession

Companies continue to announce that the Covid-19 virus outbreak will affect their earnings. The drumbeat is such that economists believe that entire nations will suffer from GDP problems. No company better signifies the impact on a business level than the most valuable company in the world, Apple Inc. (NASDAQ: AAPL). Apple also has the most […]

U.S. Stocks Poised To Reach New Record Highs In Early Trading

After turning higher over the course of the previous session, stocks are likely to see some further upside in early trading on Tuesday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 101 points. Stocks are poised to reach new record highs as traders […]