GE Sees Light at the End of the Tunnel After Multi-Year Turnaround: Should You Buy the Stock?
General Electric (GE) is one of the oldest companies currently publicly traded. But, despite being more than 130 years old, the saying that “you can’t teach an old dog new tricks” doesn’t apply here. As the company finally nears the end of its multi-year turnaround, things are looking positive. In fact, the stock has climbed more than 100% in [...]
Meta Delivers on Earnings, Gains 9%: Should You Buy Into the Year of Efficiency Zuckerberg is Selling?
On Wednesday, Meta (META) delivered an impressive earnings report for the quarter that ended in June. CEO Mark Zuckerberg has been calling this the “year of efficiency” since February after the company took a step backward. Since then, it’s been smooth sailing. Meta’s revenue soared to $32 billion for the quarter, which was an 11% increase from this time [...]
Market Timing Mutual Funds: How to Set Yourself up For Success With VectorVest
In the realm of investing, knowledge is power. It's the difference between feeling like you're blindly throwing darts at a dartboard, hoping for a bullseye, and stepping up to the line with a calculated aim and practiced throw. That's why you're here seeking guidance on the intriguing concept of market timing mutual funds - an approach that straddles two financial [...]
Union Pacific Gains on Appointment of New CEO Despite Earnings Miss: Should You Buy This Stock?
Yesterday in Wednesday’s trading session, Union Pacific (UNP) gained more than 12% after news of the railroad operator's new CEO taking the helm. The buzz over Jim Vena taking the reins of the company managed to steal the spotlight from what ended up being a quarter of underperformance. During the second quarter, the railroad operator watched revenue recline nearly [...]
Is Wells Fargo a Buy After Raising Dividends & Announcing $30B Stock Repurchase Program?
On Tuesday after the market closed, Wells Fargo & Company (WFC) released a statement that its board of directors approved an increase to the quarterly common stock dividend - much to the delight of investors. The company was already paying a quarterly dividend of $0.30, but the company has raised that up to $0.35 for a modest bump. This [...]
Raytheon Drops 15% on Engine Problems – Is This Your Sign to Sell? 3 Things Investors Need to See
Raytheon Tech (RTX) is down more than 15% so far in Tuesday morning’s trading session. If this trend holds, it will be the biggest selloff for this stock since 9/11. So, what happened? The US defense contractor and industrial corporation is facing concerns with certain airplanes it produced. The company has released a statement that select Pratt & Whitney [...]