Stock Alerts

J&J vaccine data may be coming shortly but the company is as much as two months behind its production schedule

J&J vaccine data may be coming shortly but the company is as much as two months behind its production schedule

Yesterday, January 12, I posted that Johnson & Johnson’s (JNJ) CEO had said the company will release results from the trial of its Cover-19 vaccine in the coming days. But today the New York Times is reporting the the company is as much as two months behind the original production schedule due to manufacturing delays, and won’t catch up until the end of April.

Johnson & Johnson says its coronavirus vaccine could go to the FDA for emergency approval on January 21–if it works

Johnson & Johnson says its coronavirus vaccine could go to the FDA for emergency approval on January 21–if it works

Johnson & Johnson (JNJ) said today, January 12, that the the company is in the “final stages” of analyzing the data from its 45,000-patient Phase 3 trial of the single-dose version of its vaccine. “We hope to have that information very soon,” CEO Alex Gorsky said at a panel at JPMorgan Chase’s annual health care conference.

50 Stocks Portfolio member TSM reports record quarterly revenue on 5G iPhone demand

50 Stocks Portfolio member TSM reports record quarterly revenue on 5G iPhone demand

Today, January 8, Taiwan Semiconductor Manufacturing (TSM), the worlds largest contract chipmaker, reported December sales that translate into record quarterly revenue with estimated sales in the quarter climbing to $12.9 billion (361.5 NT$). (The company reports its quarter on January 14.) The projections based on December revenue amount to a 25% increase in revenue in 2020 from 2019.

Adding copper miner Freeport to Jubak Picks Portfolio tomorrow

Adding copper miner Freeport to Jubak Picks Portfolio tomorrow

Commodities have soared on prospects for a post-coronavirus vaccine economic recovery. And copper is one of the best commodities to own in order to invest in the recovery of the global economy–and especially the growth in the Chinese economy–as the coronavirus pandemic recedes in 2021. I already own Southern Copper (SCCO) in my Dividend Portfolio and First Quantum Minerals (FQVLF) in my Volatility Portfolio. Those stocks were up 56.83% and 77.64%, respectively, in 2020. Tomorrow, January 6, I will add shares of Freeport McMoRan Copper & Gold to my Jubak Picks Portfolio.

Corning picks up sales/ margin gains from supply crunch in high-tech glass

Corning picks up sales/ margin gains from supply crunch in high-tech glass

“While Corning (GLW) shares have rallied, we believe that a ‘stronger for longer’ consumer trend augurs well for underlying demand drivers in Corning’s business segments exposed to consumer electronics, with further tightening in the glass supply demand environment due to outages at a major competitor,” wrote Citigroup analyst Jim Suva in a note to clients last week.There’s a shortage of the high-tech glass used in video displays, mobile phones, and cars. One reason is a power outage that damaged manufacturing equipment at a Japanese factory of Corning rival Nippon Electric Glass. But another reason is a pick up in demand for consumer electronics products.

Zoom is under investigation from the FBI, the SEC, and two U.S. attorneys–enough for ya?

Zoom is under investigation from the FBI, the SEC, and two U.S. attorneys–enough for ya?

Today, Friday, December 18, the U.S. Department of Justice filed a criminal complaint against video-conference star Zoom Video Communications (ZM).  The charge is that a security executive with the company worked with the Chinese government to terminate Americans’ accounts and disrupt video calls about the 1989 massacre of pro-democracy activists in Tiananmen Square. The company also disclosed today in a blog post and a regulatory filing that the U.S. Securities and Exchange Commission and two U.S. Attorney’s offices have been investigating Zoom for months.

2020 keeps getting worse for Intel

2020 keeps getting worse for Intel

First, it was Apple (AAPL) moving away from Intel (INTC) chips in its entire line of Mac computers. Apple’s own new M1 chip has received positive reviews that support the company’s claims that its machines with the new chip out perform standard Intel or Advanced Micro Devices (AMD) PCs. Now, Microsoft (MSFT) is working on in-house processor designs for use in the servers that run the company’s cloud services. The software giant is using designs from Arm Holdings (in the process of being acquired by Nvidia (NVDA) for $40 billion) to produce a processor that will be used in its data centers. Microsoft is also exploring (which means, I think, that the effort hasn’t gone as far as “working on”) developing another chip that would power some of its Surface line of personal computers. The move by Microsoft would be a big deal.

Buying Dow tomorrow in my Dividend Portfolio, Pick #8 in my Special Report “10 Dividend Stocks that are beating the risky rockets”

Dow (DOW) certainly fits the dividend template that I’ve explained in my Special Report: “10 Dividend Stocks that are beating the risky rockets. The stock yields 5.26% after a 0.20% gain today December 9. That compares to a yield of just 2.8% in July 2017 and 3.1% in December 2016. The stock also shows a 1.06% price to sales ratio on today. I think we’re looking at a cheap stock. Tomorrow I’l be adding it to my Dividend Portfolio.