A lot of internet stocks went up yesterday and Priceline Group Inc (NASDAQ:PCLN) was one among them. The stock was up 3.5% for most of the day after Oppenheimer upgraded the stock with a revised price target of $1,450 and a ‘buy’ rating. CNBC’s “Fast Money” trader Dan Nathan, was reporting on the movement of Priceline Group Inc (NASDAQ:PCLN) and how it can trend in the rest of the year. The stock has been consolidating over the last couple of weeks after the acquisition of OpenTable Inc (NASDAQ:OPEN) and this is worth $2.6 billion roughly. Nathan thinks that the Q2…
Author: Viki K.
Google Inc (NASDAQ:GOOGL)’s engaging in sporting events is not new and as a search engine is always plays its part in almost everything. However, this time during the Soccer World Cup 2014, the company has turned more than a search engine its running a strong world cup campaign competing with Twitter Inc (NYSE:TWTR). Josh Lipton of CNBC reported how Google Inc (NASDAQ:GOOGL) is working day and night to cover the world cup and all the different aspects of it. These employees watch the games not for entertainment, but for work and all this happens from a ‘War Room’ in San…
The five worst performing stocks on the S&P 500 so far this year include companies like Coach Inc (NYSE:COH), Whole Foods Market, Inc. (NASDAQ:WFM) and Staples, Inc. (NASDAQ:SPLS). All of these stocks are under consumer discretionary space. The challenges that these companies face are unique and different though. Seema Mody of CNBC was reporting on the five worst underperforming stocks so far this year and the names were all from a similar segment, consumer discretionary. Analysts who reviewed these underperforming retail stocks said that this highlights the broader concerns around the state of the consumer. Coach Inc (NYSE:COH) has lost approximately…
Carrizo Oil & Gas, Inc. (NASDAQ:CRZO), Goodrich Petroleum Corporation (NYSE:GDP) and Magnum Hunter Resources Corp (NYSE:MHR) are three undervalued and unnoticed oil players that might benefit from the unrest in Iraq, while most of the major players are taking a hit. Kent Moors, editor at Money Map Press, was on CNBC recently and he discussed the effects of the Iraq situation and how it can benefit few companies such as Carrizo Oil & Gas, Inc. (NASDAQ:CRZO), Goodrich Petroleum Corporation (NYSE:GDP) and Magnum Hunter Resources Corp (NYSE:MHR). He spoke how the situation impacts the oil market and how few of the…
Old tech stocks like SanDisk Corporation (NASDAQ:SNDK) and Micron Technology, Inc. (NASDAQ:MU) have been on the upside this year and the stocks didn’t seem to stop at where they are currently. These stocks seem to give tough competition to the beleaguered stock in this segment International Business Machines Corp. (NYSE:IBM). Jim Cramer in yesterday’s edition of “Mad Money” was discussing various themes for investment and according to him companies such as SanDisk Corporation (NASDAQ:SNDK) and Micron Technology, Inc. (NASDAQ:MU) are turning out to be the gainers in the old tech stock segment. These rise in Desktops and related accessories helped…
Globalstar, Inc. (NYSEMKT:GSAT) has never seen an upside since 2007 on the stock market until late 2013. There is a reason for the stock to grow and this would not just help the stock of the company, it would also try to solve the spectrum congestion problem, United States and many other countries face currently. Jim Cramer on CNBC had called the stock of Globalstar, Inc. (NYSEMKT:GSAT) as the mother of all speculative stocks because it’s a stock which has the highest risk and at the same time highest possible rewards in the near future. “It’s got $4 and change stock…
King Digital Entertainment PLC (NYSE:KING) and Delta Air Lines, Inc. (NYSE:DAL) have traded unually recently and both of the companies seem to have been on a rise this week so far. Pete Najarian and Jon Najarian, CNBC’s FM traders were discussing how the stocks of King Digital Entertainment PLC (NYSE:KING) and Delta Air Lines, Inc. (NYSE:DAL) have traded recently and were mostly on upside. “Basically last Friday Pete identified the unusual activity when the stock was trading lower and the options were 70 cents. These options exploded all the way up here to a $1.20 then to $2.60 and we said…
BlackBerry Ltd (NASDAQ:BBRY)’s stock has stabilized and is on a rise for about a month now. The better than expected Q1 results also helped the stock movement. John Chen, CEO of BlackBerry Ltd (NASDAQ:BBRY), recently explained the plans of the company and its turnaround plan and all of that seemed to have played in. CNBC’s Seema Mody and other FM traders were discussing the rise of the stock price and what to lookout for in the near future. The stock of BlackBerry Ltd (NASDAQ:BBRY) gained over 40% over the past month. According to her, investors are getting excited about this…
Twitter Inc (NYSE:TWTR)’s top management is getting shuffled a lot and since Ali Rowghani left things have seemed to move very fast in the company. Mike Gupta, CFO of Twitter Inc (NYSE:TWTR) was another person in focus due to the performance of the company on the financial market. Kara Swisher was on CNBC recently and she was uncovered the story behind the story of new CFO at Twitter Inc (NYSE:TWTR). She mentioned how Gupta’s role was in a swirl with the stock going down around 30% this year. Swisher mentioned, probably that is why the board decided to assign him…
Netflix, Inc. (NASDAQ:NFLX)’s stock has rose over $32 yesterday and most of it is due to the growing demand of the channel during the Soccer world cup. The company is also trying hard to generate a lot of original content and talk shows lately. On the other hand Yahoo! Inc. (NASDAQ:YHOO) is also trying hard to compete on a similar base by getting more original shows on its online channel. Jon Fortt and the “Squawk Alley” team of CNBC were discussing the case of how these companies differ and why the stock of Netflix, Inc. (NASDAQ:NFLX) is trading very well…
The merger between AT&T Inc. (NYSE:T) and DIRECTV (NASDAQ:DTV) is known to most of us. However what most of us don’t know is that there was another serious bidder before AT&T Inc. (NYSE:T) grabbed the deal. CNBC’s David Faber reported more on it and he also mentioned the name of the company that was a serious contender until recently. He was referring to the disclosure of DIRECTV (NASDAQ:DTV) where the company also mentioned about another company cited as “Company A” and according to Faber, that company is DISH Network Corp (NASDAQ:DISH). He also said that Charlie Ergen, Chairman of DISH Network…
Companies such as Susquehanna Bancshares Inc (NASDAQ:SUSQ), Manitowoc Company, Inc. (NYSE:MTW) and Valero Energy Corporation (NYSE:VLO) are among the analysts top picks in mid cap and small cap segments. A lot of investors have shown interest in the medium cap and the upper end of small cap sector lately. The growth of some of the companies in this sector is really impressive. Michael Crofton, Philadelphia Trust Company CEO was on CNBC and he discussed few of the stocks where his company is investing. Crofton said that the market is in such a situation where it is back to fundamentals and…