by Jamie Johnson | Dec 10, 2019 | Markets
The company’s quarterly numbers were strong, but its guidance left a lot to be desired. 2019 has been a good year for Stitch Fix, and the company’s shares are up 57% year to date. And this week, shares of Stitch Fix jumped more than 10% after the company...
by Dorian Holden | Dec 10, 2019 | Markets
Investor heads are spinning. Earlier today, futures were down more than 100 points after the South China Morning Post said China and the U.S. were unlikely to reach a trade deal ahead of the Sunday deadline. Then, futures raced higher on reports the U.S....
by Jamie Johnson | Dec 9, 2019 | Markets
Constellation Brands is taking over Canopy Growth, and investors are happy about it. The Canadian cannabis stock Canopy Growth has been in a transition period ever since last summer. In July, the board fired former CEO Bruce Linton, and the company has been looking...
by Dorian Holden | Dec 9, 2019 | Markets
The Trump Administration’s December 15 deadline is just days away. While many analysts expect for them to be delayed, that’s not a guarantee. “That’s the biggest thing in the room next week. I don’t think he’s...
by Jamie Johnson | Dec 9, 2019 | Markets
Ulta beat investor expectations on earnings during Q3. Ulta Beauty is up 29% after delivering a better-than-expected earnings report and updating its full-year guidance. The company fell slightly short on revenue but beat Wall Street’s forecasts on earnings....
by Dorian Holden | Dec 5, 2019 | Markets
Goldman Sachs has an interesting trading strategy for 2020. “Buy 2019’s laggards as they will likely be 2020’s early leaders,” they say. “The strategy to pick up battered stocks in the beginning of a given year has a good track record of...
