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The stock price of Caterpillar has seen a rise of 19% over the last month, while it is up 7% YTD, outperforming the broader markets with the S&P 500 rising 5% over the last month, while it is down 5% YTD. The broader markets have seen increased volatility due to global geopolitical factors and... more...
Wells Fargo’s stock has gained approximately 7% YTD as compared to the 5% drop in the S&P500 index over the same period. Further, at its current price of $51 per share, it is trading 16% below its fair value of $61 – Trefis’ estimate for Wells Fargo’s valuation. The mortgage banking giant posted... more...
Credit Suisse’s stock has lost approximately 16% YTD as compared to the 7% drop in the S&P500 over the same period. Further, at its current price of $8 per share, it is trading 17% below its fair value of just above $10 – Trefis’ estimate for Credit Suisse’s valuation... ------------------- The chart (above) was made using Metatrader 5 with Simple BrainTrading SMA trading system (this trading system is attached to the post as zip ...
Applied Materials Inc. stock price grew more than 4x from around $33 at 2018 end to $134 currently, driven primarily by an almost 3x jump in its P/S multiple. Additionally, a steady rise in revenues and a drop in the outstanding share count further helped boost the company’s share price.... more...
Ramki Ramakrishnan, Elliott Wave specialist, suggests a possible retest of the $200 level, but After we move to between $233 and $260. more...