The company has spent more than $6 billion in acquisitions in recent months, and investors have been attracted to its 3 percent dividend yield as well as its growth prospects.
One-day drops of 10 percent, 20 percent—even 50 percent—aren’t uncommon in these (I like to call) high-wire-act names. If you were ever looking for proof of a momentum-driven market, otherwise known as a lack of conviction in weak hands, these drops prove it.
Markets are probably due for a pullback in the near-term, but for the first half of 2011, stock are going to move higher, said Andrew Kanaly, chairman of Kanaly Trust Company.
Despite gold’s recent correction, investors should still look into ways to get into the precious metal as it will soon see a rally, said Doug Roberts, chief investment strategist at Channel Capital Research.
With the Nasdaq making its comeback since the March 2009 lows, here are the top names to check out within the tech stock index, said Jerry Castellini, president and CIO of CastleArk Management, and John Merrill, founder and CIO of Tanglewood Wealth Management.
As the economy begins to see a recovery, investors should take advantage of companies that pay a dividend, said Joseph Keating, CIO and head of wealth management at CenterState Bank.
Goldman Sachs’ trading is going to improve seasonally in the first half of the year as capital markets continue to recover and as the markets get more clarity on regulatory and capital requirement changes, said Mark Lane, equity research analyst at William Blair & Co.
Option trading is often active in Mylan, and the generic drug maker was lighting up OptionMonster tracking systems again as it hit a five-year intraday high.
Goldman Sachs executives have long been among the most richly paid on Wall Street in the best of times. They are now poised to reap a windfall that was sown in the dark days of the financial crisis in 2008, the New York Times reports.
Short-term speculative pressures may drive up the stock market, but overall, it's still a "risky investment," said Robert Shiller, professor of economics at Yale School of Management and founder of Case-Shiller Home Price Index.
News of Apple CEO Steve Jobs' medical leave of absence pushed the firm's stock lower on Tuesday. But David Garrity, principal at GVA Research, said the news won’t stop the shares from trading higher than $400 over the next 12 months.
Investors can expect to see a stock-market rally in the short-term, said Phil Roth, chief technical market analyst at Miller Tabak, and David Hefty, CEO at Hefty Wealth Partners.
Stocks that have largely underperformed are expected to be this year's big gainers, said Alan Lancz, president of asset management firm Alan B. Lancz & Associates, and Howard Ward, portfolio manager of Gamco Growth Fund.
Ford Motor moved progressively higher this week, and option traders are betting that it has more fuel in the tank.
Natural gas and oil used to be tied at the hip. And with oil rallying, and a brutal winter battering much of the nation, you'd think nat gas would be poised for a rally. Think again.
Goldman Sachs has revealed details of about $5 billion in investment losses suffered during the crisis for the first time this week, in a move that will deepen the debate over companies’ financial disclosures, reports the Financial Times.
With prices of food and energy-related commodities surging, this is a chance for investors to profit, said Keith Springer, president of Springer Financial Advisors, and David Kelly, chief market strategist at JPMorgan Funds.
Turn to invest in individual stocks that didn’t perform as well in 2010, said Matt Fahey, director of equities at M&I Investment Management.
There are some areas out there for investors to watch and in particular, commodities are looking “very attractive,” said Douglas Kass, founder and president of alternative investment management firm Seabreeze Partners.
Could the price action Wednesday in ITT spacer, the defense contractor, spur a break-up boom? If the bankers have any say, the answer is probably yes, and here's why.