31 05, 2023

Advanced Auto Parts Drops 33% After Abysmal Earnings and Outlook – is it Time to Cut Losses?

By |2023-12-07T20:50:32+00:00May 31st, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , |

This morning, Advanced Auto Parts (AAP) released first-quarter earnings that came in way under expectations. Along with a dismal earnings report, the company weakened its outlook and slashed its quarterly dividend. Safe to say things are tumultuous right now for the North Carolina-based company. While analysts were expecting an EPS of $2.57/share, the company [...]

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17 05, 2023

RH Stock Rebounds After Being Dumped By Berkshire Hathaway – But We Still See 2 Issues…

By |2023-12-07T20:50:56+00:00May 17th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , |

Tuesday morning, the market reacted to news that Warren Buffet’s Berkshire Hathaway had offloaded its entire stake in Restoration Hardware (RH). This sent shares down more than 8% - but the road to recovery is well underway. Berkshire Hathaway has been a key shareholder in RH since 2019. This was right around the beginning [...]

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