Shopify Gets a Boost From Amazon Partnership, But Is it Enough to Justify Buying This Stock?
Amazon announced that it has reached an agreement for an enhanced collaboration with Shopify (SHOP) yesterday after the market closed. Shares rose in extended trading and they picked right back up this morning, as the stock has gained more than 9% so far in Thursday’s session. Amazon and Shopify already had a partnership in place, but now, Amazon is [...]
How to Find Stocks to Day Trade: Tips to Pick the Best Day Trading Stocks Consistently
Knowing how to pick a stock to day trade - that perfect gem that will surge in value over the course of a few minutes or hours rather than months or years - is a skill that can set you on the path to financial success. So, how does one navigate this high-stakes, high-reward world? How do you sift through [...]
Box Drops 9% on Weak Earnings and Outlook: Is it Time to Sell This Stock Or Will Things Turn Around?
Shares of Box Inc. (BOX) fell more than 9% when the market opened Wednesday. The company reported second-quarter earnings yesterday after hours and the results were anything but positive. While revenue did climb 6% to $261.4 million, this was only a hair above the analyst consensus of $261 million. Meanwhile, net income of $10.8 million contributed to an EPS [...]
Best Buy Appears to Be Struggling Despite an Earnings Beat: Time to Buy or Sell This Stock?
Best Buy (BBY) reported second-quarter earnings early this Tuesday morning that topped the analysis consensus. And yet, the key takeaway from the earnings call is that the electronics retailer is struggling beneath the surface. After the company strategically set low expectations for this quarter way back in May, the consensus remained low - setting Best Buy up to deliver [...]
3M Jumps 5% After Settling For Half of Expected $10 Billion Payout: 3 Things Investors Need to Know
Shares of 3M (MMM) started the week strong with a 5% gain upon news that the company has settled a legal battle with the US Military. The industrial manufacturing company will pay out $5.5 billion for defective combat earplugs. The case in its entirety represents more than 300,000 separate suits. While 3M claimed the earplugs blocked out loud noises [...]
Gibraltar Industries Breaks Out to 2023 Highs: Can It Keep Going?
By Leslie N. Masonson, MBA Gibraltar Industries, Inc. (ROCK), is a Nasdaq-listed firm incorporated in 1972 that is headquartered in Buffalo, NY. The company employs 2,117 individuals. There are 30.4 million shares outstanding. Revenues totaled $1.37 billion, and ROCK’s market cap is $2.2 billion. Gibraltar is a leading manufacturer of building products for residential, renewables, agtech, energy, and [...]
