Modine Manufacturing Approaching All-Time High After Earnings Report — Can It Go Higher from Here?
by Leslie N. Masonson, MBA Modine Manufacturing Company (MOD:NYSE), an old-line diversified global leader in heat-transfer systems and components company incorporated in Racine, Wisconsin in 1916, may be on the brink of finally breaking out to a new all-time high. On November 18, 1998, almost twenty-five years ago, it closed at $36.63 before enduring trials and tribulations while the [...]
Palo Alto Networks is up 5% Before Joining the S&P 500 Index: Does it Deserve a Spot in Your Portfolio?
Monday morning’s trading session saw a big boost in Palo Alto Networks stock (PANW). The company is just a few short weeks away from joining the ranks of the S&P 500 index. And as a result, the stock is up 5% so far today. The cybersecurity company is set to replace Dish on June 19th. Every quarter, the S&P [...]
ETF Basics – What You Need to Know
By Leslie N. Masonson, MBA On January 22, 1993, a groundbreaking development unfolded on the American Stock Exchange (AMEX): the first U.S.-listed exchange-traded fund (ETF) made its debut. This financial innovation, introduced by the State Street Global Advisors, bore the name SPDR® S&P 500 ETF with the ticker symbol SPY. It boasted a unique characteristic, comprising a diversified basket [...]
Does Market Timing Work? Historical Data to Back it Up
The world of investing is fraught with debates, and perhaps one of the most contentious is the practice of market timing. Market timing is as divisive as it is intriguing. It’s a method that some investors swear by while others vehemently dismiss. The allure of profiting from correctly predicting market fluctuations is undeniable. Yet, the fear of incorrectly calling the [...]
Lululemon Boosts Guidance and Scores 13% Gain on Earnings: 3 Other Reasons We Love This Stock
Lululemon (LULU) decided to end the week with a bang as it reported fiscal first-quarter earnings Thursday evening, resulting in a trading frenzy Friday morning. The athleticwear company beat analyst estimates for both earnings and sales figures. EPS of $2.28 topped the expected $1.98, while revenue of $2 billion outperformed the estimated $1.93 billion analysts were looking for. Profitability [...]
Why Did C3.ai Drop 12%+ After Earnings Beat, and What Should Investors Do Now?
After the market closed yesterday, C3.ai (AI) reported fiscal 4th quarter earnings. The company exceeded analyst estimates for revenue and profit alike - and yet, the stock fell off a cliff. Revenue of $72.4 million came in well above the $71 million estimation from Wall Street. And while the company still reported a negative EPS, it was a narrower [...]
