9.25k followers • 31 symbols Watchlist by Yahoo Finance
Follow this list to discover and track the stocks that were sold the most by hedge funds in the last quarter.
American Express Company
General Electric Company
The Charles Schwab Corporation
Kinder Morgan, Inc.
ICICI Bank Limited
Sirius XM Holdings Inc.
Motorola Solutions, Inc.
Ford Motor Company
Twenty-First Century Fox, Inc.
Baker Hughes Company
Horizon Pharma Public Limited Company
VICI Properties Inc.
Caesars Entertainment Corporation
Iovance Biotherapeutics, Inc.
Marathon Oil Corporation
Allison Transmission Holdings, Inc.
CommScope Holding Company, Inc.
Genworth Financial, Inc.
BioCryst Pharmaceuticals, Inc.
Kadmon Holdings, Inc.
Catalyst Pharmaceuticals, Inc.
Oasis Petroleum Inc.
Singapore’s currency looks set to remain under pressure as global headwinds outweigh the benefits of more businesses reopening on June 2.
Oil prices imploded earlier this year, which has decimated many oil stocks. Things have gotten so bad that several have already declared bankruptcy. Four that seem to be likely bankruptcy candidates this year are Borr Drilling (NYSE: BORR), California Resources (NYSE: CRC), Denbury Resources (NYSE: DNR), and Oasis Petroleum (NYSE: OAS).
U.S. Energy Services firm Baker Hughes reported that the number of active U.S. rigs drilling for oil dropped by 21 to 237 the week-ending May 22.
After falling deeply and quickly from late February through late March, the S&P 500 has bounced back pretty strongly. Two I recently bought more of are American Express (NYSE: AXP) and The Rubicon Project (NYSE: RUBI). The three are down 28% and 37%, year to date, versus an 8% dip for the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) since January 1.
As coronavirus restrictions lift, one expert says 'simply opening the doors will not be enough.'
If you want to find recession-proof stocks, look no further than the companies doing well amid the coronavirus pandemic. Because Microsoft (NASDAQ: MSFT) delivers compelling products to both business-to-business (B2B) and consumer markets, the tech giant is well-positioned to weather an economic downturn. Microsoft's Windows and Office products are ubiquitous, but that's just one of its strengths.
Amazon has a big-budget game, another in the works, and a secretive cloud gaming service in the making. All of that could prove to be a problem for the industry's old guard.
Dow Jones futures: The coronavirust stock market rally is roaring on, but breakouts are slowing. Apple, Tesla, Microsoft, Google and AMD are near buy points though.
American Express (AXP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
When the S&P 500 remains between the two moving averages for at least 20 days, there’s a 72% chance that the next move is down.
For the first time, Netflix is acknowledging the potential challenges posed by its new streaming competitors.
Dividend announcements were mixed this past week for large companies, reflecting the divergent capital-allocation policies as companies try to preserve their cash during the coronavirus pandemic.
The Tennessee Department of Treasury, which oversees the state’s pension, sold all its Apple and Amazon stock in the first quarter. It also slashed the investment in Disney and bought up embattled GE stock.
In this article we will take a look at whether hedge funds think Microsoft Corporation (NASDAQ:MSFT) is a good investment in the middle of the coronavirus market crash. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, […]
Marathon Oil (NYSE: MRO) is one of the many oil and gas producers feeling the impact of lower crude prices. CEO Lee Tillman stated that while "we are truly in uncharted waters," Marathon is "determined and confident that we will emerge from this correction, a healthier company with an improved cost structure and ample financial flexibility." While that lower spending level, and the associated reduction in its drilling activities, will cause its production to slide over the near term, Marathon expects volumes to begin improving by the fourth quarter.
* Benzinga has examined the prospects for many investor favorite stocks over the last week. * This week's bullish calls included a couple of big-box retailers. * Big banks featured recently in both bullish and bearish calls.As the reopening of the economy gears up, leading to some optimism on Wall Street, the major U.S. indexes ended last week with 3%-plus gains.Tensions between the United States and China are on the rise, and a variety of opinions about economic recovery came from the likes of Mark Cuban, Jamie Dimon, Jerome Powell and George Soros in the last week. Benzinga continues to examine the prospects for many of the stocks most popular with investors. Here are some of the last week's most bullish and bearish posts that are worth another look.Bulls Spencer Israel's "Big Banks: Playing A Rebound Within The Financial Sector" says investors already may be looking ahead to a potential recovery of Bank of America Corp (NYSE: BAC) and its peers in the financial sector.In "A Modern Retail Winner: Wall Street Bullish On Walmart Following Big Q1," Wayne Duggan shares what several analysts had to say about Walmart Inc (NYSE: WMT) since its impressive report.Home Depot Inc (NYSE: HD) has fared well despite a shaky housing market. So says Elizabeth Balboa's "Who Could Win, Lose As US Homebuilding Starts Decline: Home Depot 'Performing Well' During Coronavirus Crisis.""9 Nvidia Analysts On Q1 Beat, Ampere GPU: 'A Pure Play In Accelerated Computing'" by Shanthi Rexaline shows that a top analyst considers NVIDIA Corporation (NASDAQ: NVDA) its top sector pick.For additional bullish calls, also have a look at "This Analyst Likes Kraft Heinz Stock And Its 40% Discount To Peers" and "CSX Is Set For Recovery In 2021, UBS Says In Upgrade."Bears Wayne Duggan's "JPMorgan Option Trader Bets M On Downside Ahead" looks at several bets made this last week that the recent rally in JPMorgan Chase & Co. (NYSE: JPM) stock reverses course soon."Guggenheim Predicts 'Tough Road' Ahead For Comcast, Downgrades Stock" by Jayson Derrick discusses how the coronavirus crisis is likely to impact each Comcast Corporation (NASDAQ: CMCSA) business unit.In Tom Meilleur's "Carvana: A Questionable Used Car Business Model," see how Carvana Co (NYSE: CVNA) has been growing very fast since its initial public offering, but has not produced a single profitable quarter in that that time.Many smaller businesses may struggle to remain afloat, especially if the economy reopens only partially, according to "Square Faces Risk From Struggling Smaller Businesses, BofA Says In Double Downgrade" by Priya Nigam. See what that means for Square Inc (NYSE: SQ).Be sure to check out "Generic Threat To Amarin's Vascepa Overrides Positive Sentiment On Coronavirus Announcement" and "Unemployment Prospects, Rate Environment Sends Bank of America Neutral On Charles Schwab" for additional bearish calls.At the time of this writing, the author had no position in the mentioned equities.Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.See more from Benzinga * Barron's Picks And Pans: Berkshire Hathaway, Carvana, Madison Square Garden And More * Barron's Picks And Pans: Berkshire Hathaway, Disney, SoftBank And More * Notable Insider Buys In The Past Week: Carvana, MGM And More(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Such is the new world of tech conferences in the age of COVID-19. They’ve gone all-digital, like Build and GTC Digital, and may never be the same. Absent a vaccine, the days of thousands of people herded into hotel ballrooms and convention centers like cattle, sharing cabs and eating in cramped quarters, are gone.
The U.S. death toll from the coronavirus that causes COVID-19 edged closer to 100,000 on Friday, as the news emerged that the Centers for Disease Control and Prevention has been combining the results of two different types of tests for the illness in a move that has been sharply criticized by health experts.
The leaders of this swing state are swinging back at the president. Trump has been butting heads with Michigan leaders — namely the governor, the secretary of state and the attorney general, who are all female Democrats — which came to a head when the commander-in-chief visited a Detroit-area Ford (F) plant on Thursday, and only wore a state-mandated face mask for part of the tour. Attorney General Dana Nessel had written an open letter to the president earlier in the week noting that he had “a legal responsibility” to wear a face covering while visiting the Ypsilanti facility, as the social distancing guidance is not only a Ford company policy, but also a state law.
A study says America’s billionaires gained $434 billion in wealth during the crisis. A more sensible way of looking at the numbers show they lost nearly that much.