BMO Crosses Above Average Analyst Target
In recent trading, shares of Bank of Montreal (NYSE: BMO) have crossed above the average analyst 12-month target price of $64.44, changing hands for $64.47/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised.
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Children's Place is Now Oversold (PLCE)
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum [...]
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Delphi Automotive Enters Oversold Territory
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Delphi Automotive plc (NYSE: DLPH) presently has an above average rank, [...]
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Troubled Saudi Arabia Raises $17.5 Billion In Bond Sales
With mounting financial woes and record high budget deficits of $98 billion last year and an estimated $87 billion this year along with anemic global oil markets and low oil prices, Saudi Arabia on Wednesday offered $17.5 in international bond sales, the largest on record for an emerging market.
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Investors: Watch For Debate's Clues To 2017 Opportunities And Risks
Hillary Clinton and Donald Trump could use their last debate to push the merits of being elected. Such forward-looking comments could, in turn, provide good investing ideas.
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Noteworthy Thursday Option Activity: NFLX, UPS, ATVI
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Netflix Inc. (NASD: NFLX), where a total of 62,789 contracts have traded so far, representing approximately 6.3 million underlying shares. That amounts to about 51.4% of NFLX's average daily trading volume over the [...]
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Shell Midstream Partners (SHLX) Shares Enter Oversold Territory
In trading on Thursday, shares of Shell Midstream Partners LP (NYSE: SHLX) entered into oversold territory, changing hands as low as $28.37 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero [...]
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Microsoft's Stock Beats Dot Com Era Record On Solid Earnings
Microsoft CEO Satya Nadella (Photo by Mat Hayward/Getty Images for We Day) Microsoft's stock cracked its dot com era high on Thursday after postingquarterly results that handily beat expectations. The tech giant's stock jumped 5%to $60.43 in after-hours trading, topping its record closing price of $59.56 that was set in 1999. Solid results [...]
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Union Pacific Enters Oversold Territory
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Union Pacific Corp (NYSE: UNP) presently has an above average rank, [...]
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Who Has More Oil Reserves? Who Cares?
Are certain country's oil reserves really as large as we are led to believe? What do we really know about oil reserves and why is it important?
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