Stock Alerts
Nektar soared today on cancer drug data–but remember that new opioid? That’s why I say hold even after this run
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Nektar soars–again–on oncology drug data
Shares of Nektar Therapeutics (NKTR) are up another 16% this morning to $37.89 as of noon New York time on data presented this weekend at the annual meeting of the Society for Immunotherapy of Cancer from an early trial of Nektar's NKTR-214. The data looked at the...
Synaptics reports earnings: So how’s that transition going?
Synaptics (SYNA) announced September quarter (first fiscal 2018 quarter) earnings after the market close on November 7. Earnings of $1.03 a share were 7 cents a share above the Wall Street consensus. Revenue climbed 8.1% year over year to $417 million against the $399...
Alibaba plans to use Singles’ Day shopping frenzy to lock in market dominance for years
Alibaba (BABA) generated $1 billion in gross merchandise volume in just the first three minutes of the Singles' Day shopping event in China today. By the end of two hours the sales volume was just shy of $12 billion. The company's Alibaba Cloud unit processed 325,000...
Nektar rockets ahead, options in my Volatility Portfolio head for orbit
On the evening of October 31 I wrote that a decision onwhat to do with the Netkar Therapeutics options (NKTR180119C00022000)--the January 19, 2018 call at $22--that I added to my Volatility Portfolio back on May 16, 2017 at a price of $2.64 (the closing options price...
Selling eBay out of my long-term 50 Stocks Portfolio
When eBay (EBAy) and PayPal (PYPL) split up in July 2015 (with eBay shareholders getting one share of eBay and one share of PayPal) I told myself (and readers) that I wanted to keep PayPal in my long term 50 Stocks Portfolio but would one day sell eBay out of that...
Johnson Controls moves closer–maybe–to breaking out of doldrums
Johnson Controls, a member of my long-term 50 Stocks portfolio, hasn’t done much of anything for a year now. Over the last 12 months the shares are up just 0.66%. That performance isn’t surprising. The company just about completely remade itself in 2016 by spinning off its automotive interiors business and by merger with Ireland-based Tyco International in what has been called one of the most egregious examples of corporate tax avoidance since Constantine outsourced the Roman Empire to Byzantium. Frankly I don’t think investors have known what to do with the “new” company–and the bad taste left by the 2016 tax inversion ploy and the company’s continued problems in generating cash have given investors very few reasons to put in the homework necessary to figure it out. But I think Johnson Controls deserves a little bit of attention now
Alibaba’s core business is going great; worries are at the investment margins
Yesterday before the market opened in New York China's e-commerce giant Alibaba (BABA) reported September quarter earnings of $1.29 a share (excluding one-time items.) That was 26 cents a share better than Wall Street projections. Revenue climbed 61% to $8.63 billion...GM pours salt on Tesla’s wounds as the Chevy Bolt outsells Tesla’s electric models in October
Once upon a time--way back on April 11, 2017--Tesla (TSLA) sported a market cap bigger than that of General Motors (GM). That's no longer the case. As of today, November 1, the market puts Tesla's value at $53.7 billion and that of General Motors at $61 billion. But...
Tesla flunks today’s earnings report on both car production rate and cash burn
It's not clear what is the bigger piece of bad news in today's third quarter earnings report. You pick. Was it the amazing cash burn or the admission that the company still couldn't produce its Model 3. The second? Okay. Tesla continues to have problems producing its...Facebook reports earnings beat; good set up for Apple earnings tomorrow
Facebook (FB) announced third quarter earnings of $1.59 a share today after the market closed. That was 31 cents a share better than the Wall Street consensus. Revenue climbed 47.3% year over year to $10.33 billion, ahead of projections for $9.84 billion. Last quarter...Jim’s Stock Alerts
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