Growth Stocks

PTON Share Price Pops After Acquisition Announcement

PTON Share Price Pops After Acquisition Announcement

Peloton Interactive Inc. (PTON) raced above $162 a share after announcing a $420 million deal to acquire Precor, a global commercial fitness company.  “Telsey Advisory Group analyst Dana Telsey said she expects the deal could increase PTON’s annual sales by $480 million to $500 million, assuming PTON retains Precor’s revenue,” as reported by CNBC. Ocugen […]

What Investors Are Missing About the Economy

What Investors Are Missing About the Economy

The U.S. Economy Is Defying Expectations Since its March 23 low, the stock market has put on a rollicking rally. Of course, this is less of a rally and more of the market making up for lost ground from a punishing fall in February and March. Once the severity of the coronavirus pandemic became clear, […]

78735755 - block chain network and programming concept on technology background

These Tech Stocks Are Hot Again

On June 10, the Nasdaq closed above 10,000 for the first time in history. Even more remarkable is that the index closed above 11,000 less than two months later! The Nasdaq is heavily weighted with tech stocks, which have been red-hot lately. I’ll give you an example. One of the ratios I like to watch […]

WASHINGTON, DC – MAY 15, 2018: Treasury Building entrance, headquarters of United States Department of the Treasury

Bond Yields Drop to 234-Year Low

The 10-year Treasury bond now yields 0.5% Last Friday, the yield on the 10-year Treasury note dropped to 0.520%. According to Deutsche Bank, that’s the lowest yield in 234 years. Whenever you see stats like this, know that someone is getting a little creative. What they’re doing is splicing data from other sources to come […]

Lafayette - Circa July 2019: Target Retail Store Baskets. Target Sells Home Goods, Clothing and Electronics V

TGT, WMT, DKS To Close on Thanksgiving Day This Year

Recently, I told you how I thought many people would forego in-person holiday shopping this year, instead making their purchases online. Last week, several large retailers including Target (TGT), Walmart (WMT), and Dick’s Sporting Goods (DKS) announced they would not open on Thanksgiving Day this year, for the first time in many years. The announcement […]