A look at the highest paying dividend stocks that are going ex-div this week.
Finding Sunshine In All Types Of Weather
My instrument check ride was already scheduled when I got a call from Larry, my flight instructor. He told me to come out to the airport immediately, today would be one of the best learning experiences he could offer. It was a cloudy, soppy, rainy day; nothing going on, so I drove to the airport. […]
Sonic Automotive Announces Repurchase of $289 Million of Debt
In another example of how business is booming in the pre-owned car market, Sonic Automotive (SAH) announced they have repurchased almost $289 million of debt. The news sent the stock price higher as investors applauded the move. CEO David Smith said Sonic used a combination of liquidity on hand, and free cash flow from operations […]
Is Sprint Stock About To Get a Boost?
While 2019 wasn’t exactly a banner year for mergers and acquisitions, there is a potential giant merger in the telecom sector coming up this year. Of course, I’m talking about the proposed merger between Sprint (S) and T-Mobile (TMUS). A combined S and TMUS entity would have a market cap of around $100 billion and […]
Zynga Inc. Raises Full-Year Revenue Guidance to $1.28 Billion
Since 2020 began, shares of Zynga Inc. (NASDAQ: ZNGA) have run from a low of $6.15 to a current price of $6.82 a share. Year over year, the stock is now up 71%. That’s more than double the 29% gain on the Consumer Discretionary Selector SPDR Fund (XLY). Zynga develops, markets, and operates social games […]
This Year Dividend Payouts Are Expected to Pass the $500 Billion Mark for the First Time
Last week the Wall Street Journal reported that dividend payments from the S&P 500 companies are expected to exceed $500 billion in 2020. This will be the most cash ever paid to stock market investors. Are you doing everything you can to get your share? The WSJ article does not give an estimate on how […]
Why Wall Street Forecasts Always Fail
Wall Street Loves to Make Predictions. Warren Buffett famously said that forecasts don’t tell you much about the future, but they do tell you a lot about the forecaster. That’s certainly true. Imagine if you had told someone on January 1, 2019, all the raucous headlines we’d see in the coming 12 months. After learning […]
Simulations Plus Up 7% After Beating Earnings Forecast
After releasing its Q1 2020 earnings report last week, the stock price of Simulations Plus (SLP) jumped higher. The company beat analyst forecasts by $0.02, with earnings coming in at $0.11 per share versus estimates of $0.09. In the conference call following the earnings release, CEO Shawn O’Connor detailed the excellent quarter and shed some […]
Trade of the Week: Unusual Options Activity in the Consumer Discretionary Sector
Synopsis: Recently, there was unusual options activity in SPDR Select Sector Consumer Discretionary ETF (XLY). XLY represents consumer/retail spending in areas that aren’t considered essential products. It’s a good ETF to buy if you think economic growth is going to continue in 2020. It seems someone is bullish on discretionary spending through February as over […]
NIO Sport Utility Vehicle Viewed as Strong Competitor to Tesla’s Model Y
Over the last trading session, shares of NIO Inc. are up another 1% to $3.56 a share. Since October 2019, shares of NIO are up 125%, as compared to the 10% gain on the Dow Jones Industrial Average, and the 13% gain on the S&P 500. NIO Limited designs, manufactures, and sells electric vehicles in […]
