Boeing (BA) recently announced it would be putting its 737 Max production line back in business. The line has been closed since January of this year, and BA has not delivered a 737 Max since March 2019. While the plane has still not been approved for service by the FAA, BA anticipates a favorable ruling, […]
ZNGA Stock Price Up 61% With Peak Acquisition
Zynga Inc. (ZNGA) is still one of the most explosive gaming stocks on the market. Since bottoming out in March 2020 at $5.65, the ZNGA stock price is now up to $9.10 – and accelerating higher. Not only did ZNGA just buy Peak for $1.8 billion, giving it access to a popular lineup of puzzle […]
Take-Out and Delivery Stocks CASY, DPZ, PZZA Nearing 52-Week Highs: Still Room to Run?
The outbreak of the coronavirus pandemic and spread of COVID-19 infections pushed federal and state leaders to the unprecedented actions of shutting down a wide swath of the economy and telling citizens to stay at home to avoid being exposed to, or spreading, the virus. A primary victim of the shutdown was the dine-in restaurant […]
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What Happens to Your Stocks If Fed Rates Go Negative?
Times are chaotic! Historically, when chaos reigns and emotions are turbocharged, there are winners and losers. Despite the stress, winners manage to see things clearly and keep their wits about them. Recently we interviewed John Williams at Shadowstats. He said government unemployment and inflation numbers are bogus. He also tells us: – Worst U.S. Economic Activity Ever Reported […]
Hartford Insurance Group (HIG) Extends Partnership With AARP
Hartford Insurance Group (HIG) has announced a major extension of its partnership with AARP, providing home and automobile insurance to AARP members. The extension of the HIG partnership will now run through January 1, 2033. AARP has over 38 million members who can access insurance with Hartford through the program. HIG president, Doug Eliot, commenting […]
Is AMD Going To Continue To Surge?
Despite a global pandemic and worldwide civil unrest, stocks have mostly gone up. The exuberance of investors is impressive, if perhaps misplaced. It certainly remains to be seen if the gains can hold up when the expected second wave of COVID-19 hits in the fall. Despite the large move in stocks (the Nasdaq just hit […]
Boeing Co. (BA) Shares Surge on Lower Than Expected Airline Delivery Cuts
Since bottoming out at $89 in March 2020, shares of Boeing (BA) exploded to $204. Analysts appear just as bullish on BA, with Seaport Global initiating coverage of the stock with a buy rating, and a target price of $277. Goldman Sachs also raised its price target on Boeing from $209 to $238 with a […]
Three Dividend Payers Hitting New Highs During the Pandemic
The shutdowns ordered by city and state officials had the perverse effect of labeling brick-and-mortar businesses as either essential or non-essential. An essential business designation allowed those businesses to remain open. Non-essential companies were forced to close their doors; those companies whose employees could not do their jobs from home soon found they were furloughing […]