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PreMarket Prep Stock Of The Day: Does Micron Foreshadow Earnings Season 'Disaster'?
Friday, July 1, 2022 - 5:14pm | 692For most companies, depending on their fiscal year, the second-quarter earnings season is not off to a good start and it has not even officially begun yet. Earlier in the week, RH (NYSE: RH) tempered investor expectations for the quarter, and after the close on Thursday, Micron Technology, Inc...
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'How Do You Not Like Apple?': How CNBC's Todd Gordon Is Investing In A Volatile Market
Friday, July 1, 2022 - 3:53pm | 739Todd Gordon, CNBC contributor and founder of New Age Wealth Advisors, joined Benzinga's PreMarket Prep show on Friday morning. Gordon discussed the S&P 500 market weakness so far in 2022 and how he is positioning his clients' money heading into the second half of the year. Bullish Or...
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Why This Restaurant Analyst Is Bullish On Chipotle Mexican Grill, Sidelined On Starbucks
Wednesday, June 29, 2022 - 4:30pm | 738Many Wall Street analysts fear a recession and its impact on the companies in its sector. Nick Setyan, managing director at Wedbush Securities covering the restaurant sector, does not. He explained his stance on PreMaret Prep Plus on Wednesday and shared a few picks and a pan. How Can A Recession...
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PreMarket Prep Stock Of The Day: Why The Nike Stock Chart Could Signal A Fall To The Double Digits
Tuesday, June 28, 2022 - 5:47pm | 631Over the years, Nike Inc (NYSE: NKE) has been an extremely volatile stock for some reason, even when it traded in double-digits and before the decimation of the market. That volatility is continuing in a big way following Nike's fourth-quarter report after the close on Monday. Nike Runs...
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The Dynamics Behind Carnival's Q2 Earnings Rally
Monday, June 27, 2022 - 4:58pm | 697When an issue is in an extended downtrend and rallies off an earnings report, the next task is to determine if the rally will continue. That is what shareholders of Carnival Corp (NYSE: CC) were confronted with in Monday’s session. Tim Quast, the founder of Market Structure Edge, joined...
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The High Risk, High Reward Of Trading The Russell Rebalancing
Friday, June 24, 2022 - 4:19pm | 476Once a year on the fourth Friday of June, the Russell 1000, Russell 2000, Russell 3000 and other Russell indexes are rebalanced or reconstituted. Since the Russell US Indexes are designed to reflect changes in the U.S. equity market, the process is completed to ensure the indexes have an...
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Tim Seymour Guests On Benzinga's PreMarket Prep: 'We've Priced In An Enormous Amount Of Recession'
Friday, June 24, 2022 - 11:42am | 662Tim Seymour is the founder and Chief Investment Officer of Seymour Asset Management. It aims to provide clients with asset management and wealth management services, including direct investment and allocation to private equity and alternative assets. Seymour, a market expert and co-host of "...
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PreMarket Prep Stock Of The Day: Will The Darden Restaurants Earnings Pop Last?
Thursday, June 23, 2022 - 5:34pm | 624Investors who are waiting for rising inflation and interest rates to have a negative impact on a company’s earnings will have to wait a few quarters in Darden Restaurants, Inc. (NYSE: DRI). The price action in the issue following its fourth-quarter beat and raised guidance makes it the...
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This Wedbush Analyst Talks AMC, Netflix And Other Stock Ideas In Hard-Hit Entertainment Sector
Wednesday, June 22, 2022 - 2:26pm | 494We're over two years into the coronavirus pandemic, and consumer behavior is still adjusting and the ramifications are still playing out in the financial markets. Most of the media and entertainment industry did not participate in the raging bull market in 2021 and is still struggling to...
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Snap, Crackle And Sell The Kellogg Pop: PreMarket Prep Stock Of The Day
Tuesday, June 21, 2022 - 3:11pm | 618In a rising interest rate and inflationary environment, companies will take steps to enhance shareholder value. On the PreMarket Prep show, we have called it “financial engineering” for years. On Tuesday, Kellogg Company (NYSE: K) took some measures in the same vein. The price...
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PreMarket Prep Stock Of The Day: Hertz Buyback Program Drives Stock Rally
Wednesday, June 15, 2022 - 2:29pm | 554Individual issues do not react in the same way to a company's efforts to enhance shareholder value. A good example of this is the price action between FedEx Corporation (NYSE: FDX), which made such an announcement on Tuesday, and Hertz Global Holdings Inc (NYSE: HTZ) on Wednesday. The...
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PreMarket Prep Stock Of The Day: Oracle Gives Investors Some Good News In A Bearish Time
Tuesday, June 14, 2022 - 2:53pm | 505Following a miserable three-day decline in the broad markets, investors were waiting for some positive news to pounce on and doing some buying. Oracle Corporation (NYSE: ORCL) provided investors with a fourth-quarter beat and is Tuesday's PreMarket Prep Stock of the Day. Oracle's...
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Coinbase Stock Nosedives Alongside Cryptocurrencies, Celsius Chaos: What The Charts Say
Monday, June 13, 2022 - 3:58pm | 664Whether you are investing in stocks, bonds, commodities or cryptocurrencies, it can be very stressful. Not being able to withdraw or transfer your funds if so desired on your chosen platform can even be more stressful. That was the scenario for customers of the Celsius exchange Monday. Of...
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Why This Wedbush Analyst Says PayPal Is A Better Payments Play Than Block
Wednesday, June 8, 2022 - 4:25pm | 658The high-growth technology sector, which is attempting to make a comeback, includes several companies in the IT/services payment industry. Moshe Katri, managing director of equity research at Wedbush, joined "PreMarket Prep Plus" on Wednesday to discuss the prospects for a few...
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Trading Target's Bearish Q2 Guidance: 'It's Bouncing Right Where It Should'
Tuesday, June 7, 2022 - 5:05pm | 666When a company comes out with bad news two times in only a few weeks, the issue does not necessarily act in the same manner. That is certainly true for Target Corporation (NYSE: TGT), for which the potential price action was dissected on Tuesday’s PreMarket Prep show, making it the...