It's the basic question when investing in a stock: is it on the way up or will it go down? Wall Street has developed numerous ways of attempting to predict what will happen.
AutoNation CEO Mike Jackson said stronger stronger auto sales at his company is evidence of a wider U.S. economic recovery, but he is sticking to his forecast of fewer vehicles sold this year than the industry expects.
America's largest auto retailer Autonation enjoyed a 17% boost in new vehicle sales versus a year ago, with Mike Jackson, CEO of AutoNation: "February, everything sold across the board," he says.
Hedge funds took profits in large cap consumer discretionary stocks in the fourth quarter of 2011 and put more money to work in the tech sector, which has been the top performer so far this year.
Signs of an improving U.S. economy have allowed consumers to feel more comfortable pulling out their wallet for nonessentials, pushing consumer discretionary shares to some of the highest growth rates in the S&P 500 in the fourth quarter.
A look at some of Thursday morning's early movers: AT&T, 3M, Caterpillar and more.
AutoNation CEO Mike Jackson predicted the auto industry will sell 14 million units this year, higher than what others in the industry expect.
Why he likes Magna in particular.
Mike Jackson, AutoNation chairman & CEO, weighs in on 2011 new vehicle sales, which were up 11% from the previous year. "The usual replacement rate is about 15% per year; this year it will move over 20%," he says.
A new research report from Goldman Sachs finds that trading in exchange-traded funds does impact individual stocks, but not equally.
No shock and awe this weekend? It sounds like Europe is going back to incremental changes. Traders have been anticipating the European Union summit on Sunday will resolve issues related to: 1) a greater haircut on Greek debt; 2) recapitalization of banks; and 3) how to use the European Financial Stability Facility.
"Depending on our politicians to make business-friendly decisions in a timely manner is certainly not a formula for success," Harry Rady, chief executive of Rady Asset Management, told CNBC Friday.
Here's why you should keep a close eye on these six stocks.
Halfway through the year and with the economy once again slowing down, auto makers and dealers are re-thinking their once ambitious forecasts for sales this year. For much of the first half of this year, auto executives were confident the industry would sell just more than 13 million cars, trucks and SUVs this year.
Asked by “Mad Money” viewers to comment on the following stocks, Cramer said there may be better opportunities elsewhere. In other words, he recommends investors “Buy This, Not That.”
Cramer makes the call on viewers' favorite stocks.
The traders weren't sure what to make of the sell-off in AutoNation after the stock closed sharply lower for no real reason. What's the market chatter?
Stocks ended narrowly mixed in a choppy session Monday, after another downgrade of Greece's credit rating offset gains from a flurry of M&A activity and as investors continued to worry over a slowing global recovery ahead of a handful of key economic news throughout the week.
The prices and analyst estimates presented here are as of the market close on June 8, 2011. So, which stocks are analysts expecting to have the biggest pops? Click ahead to find out!
What follows is a roundup of corporate earnings reports for Tuesday, April, 26.