Wednesday, February 5, 2025
After earnings last week, there was quite a bit of options action in Costco (COST). With the pandemic in full swing, COST has performed better than many retail stocks due to the nature of its business. That is, bulk buying is exactly what people were looking for during a prolonged period of being stuck at […]
As the U.S.—and the world for that matter—begins the reopening process, every business is trying to figure out what the new way of doing business looks like. We already know what the white collar version of post-pandemic business has become. It’s Zoom (ZM) meetings, Docusign (DOCU) virtual document management, and Activision (ATVI) [gaming in between […]
The stock market crash that began at the end of February and lasted through the end of March was especially brutal for high-yield investments. There is some logic to the deep sell-off of higher yield dividend stocks. These companies pay out most of their free cash flow as dividends, and the economic shutdown puts those […]
The Hartford Insurance Group (HIG) has declared a dividend of $0.325 per common share for shareholders of record on June 1st. Currently, the company has a dividend yield of 3.3%. HIG recently announced earnings, they cited the fact that Hartford had returned $258 million to shareholders in the first quarter. $108 million of that total […]
Trying to understand the stock market in the middle of a pandemic is a challenge for even the most seasoned of traders. It’s not like the investing world has much to compare to. Sure, the Spanish Flu seems roughly like a similar situation—but that was more than 100 years ago. The markets are far larger […]
Enphase Energy (ENPH) has been incredibly explosive. Since hitting a low of $21.49 in March 2020, ENPH has rallied to $58.44. Not only did it report impressive earnings, but it also just announced a collaboration with the University of Washington for a 100% renewables grid. According to ENPH’s latest press release, “Under the heading, A Scalable […]
RSG reported strong earnings this month, easily beating the year ago quarter. The company reported net income of $246.3 million, which was above the $234.2 million reported in the prior year-over-year quarter. RSG said earnings were $0.77 per share, which was almost 7% better than the first quarter of 2019, which came in at $0.72 […]
Looking at options block trades can be a useful way to see what big investors and funds are doing in the options market. Recently, a large trader bought 2 million shares of Bank of America (BAC) while selling 20,000 January calls at the same time. This is likely a covered call trade and suggests that […]
In its latest earnings report, Nike (NKE) reported a 36% increase in digital sales. In a press release accompanying the earnings release, President and CEO John Donahoe said, “We know it’s in times like these that strong brands get even stronger.” I tend to agree with Mr. Donahoe. I’ve written about several new names that […]
Since April 2020, FATE stock rocketed from a low of $19.92 to $35.23, as it moves progresses with cellular immunotherapies for cancer and immune disorders. Just days ago, FATE announced the U.S. FDA cleared its investigational new drug (IND) application for FT538, the first CRISPR-edited iPSC-derived cell therapy. FT538 is an off the shelf natural […]
