Height Securities

While legalized marijuana represents a burgeoning industry and tax boon for states, its finacial impact could be eclipsed by the potential of legalized sports betting. Estimates of the size of the illegal sports betting market in America range from the American Gaming Association's figure of $...

Facebook, Inc. Common Stock (NASDAQ: FB) CEO Mark Zuckerberg’s 10 hours of testimony were not in vain. The two-day congressional hearing over Facebook’s consumer data and influencer security catalyzed an equally long run in the company’s stock, and some consider the rally the...

The federal government might soon eat its words on Jeff Bezos. Height Securities predicts the Department of Defense will award Amazon.com, Inc. (NASDAQ: AMZN) — the enduring target of Oval Office disdain — a cloud-computing procurement contract worth more than $10 billion. “Amazon...

The markets slid sharply Thursday after President Donald Trump announced he would impose 25-percent steel tariffs and 10-percent aluminum tariffs as early as next week. Amid backlash from economists, national security experts and foreign leaders, Trump defended his position on Twitter. “When...

Steel and aluminum stocks are popping on Thursday while the rest of the market crashes after President Donald Trump said he will be announcing new steel and aluminum tariffs as early as next week. What You Need To Know Trump said Thursday the U.S. will implement a 25 percent tariff on steel...

President Donald Trump will meet with steel and aluminum executives Thursday, leading some to speculate an import tariff announcement is imminent, according to Reuters. But Height Securities considers a final proposal on rates or quotas unlikely to be released. “We expect that ongoing...

The pharmaceutical industry is lobbying to reverse part of the recent Congressional spending bill that shifted a $10-billion consumer aid burden from the federal government to manufacturers. The Bipartisan Budget Act of 2018 accelerated the closure of the Medicare Part D coverage gap from 2020 to...

Congress could potentially debate three bills in March that could impact financial markets. The fate of each bill could move stock prices, Height Securities analyst Stefanie Miller said in a Monday note.  Banking Deregulation The first piece of legislation up for debate is the banking...

After OPEC's agreement to extend crude oil production cuts throughout 2018, oil prices may soon get yet another boost if the U.S. applies sanctions on Venezuela in response to President Nicolas Maduro’s calls for a snap election. The U.S. will likely seek to delay the Venezuelan election...

Wynn Resorts, Limited (NASDAQ: WYNN) shareholders have had a rough go of it in recent weeks after CEO Steve Wynn was forced to resign in the wake of sexual misconduct allegations. But while Wynn shareholders are still reeling from the leadership change, Height Securities analyst Stefanie Miller...