Diamondback Energy beats on earnings and starts dividend
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Starbucks disappoints in quarter but recovery in 2018 is on track
Blame it on Christmas Tree Frappuccino. On Thursday, January 25, after the market close Starbucks (SBUX) reported December (fiscal 2018 first quarter) earnings of 58 cents a share (excluding one-time tax benefits.) The results were ugly on the revenue side where  the...
Adding Boeing to Jubak Picks on weak dollar, strong global economy, tax cuts
Shares of Boeing (BA) have tumbled from $351.01 on January 17 to close at $334.69 today. I'm using the pull back to add shares to my Jubak Picks portfolio tomorrow, January 25. The Boeing story right now is one of multiple tailwinds pushing the stock higher. A weak...
Cheniere Energy’s Sabine Pass terminal reaches full capacity
Natural gas volumes feeding into Cheniere Energy's (LNG) Sabine Pass terminal have nearly doubled compared with this time a year ago, S&P Global Platts has reported. LNG feed-gas volumes have averaged 2.9 billion cubic feet per day and have risen as high as 3.3...
Nektar soars today on J.P. Morgan healthcare conference
Anybody still think that conferences, especially biotech conferences, don’t move stock prices? Shares of Nektar Therapeutics (NKTR) are up 7.65% today to $61.79 as of noon New York time on the company’s appearance at this week’s J.P. Morgan biotech conference. The slides from the company’s presentation today are in circulation but CEO Howard Robin doesn’t actually present until 2 p.m. New York time today.
My long-term 50 Stocks Portfolio returned 28.10% in 2017, beating the S&P 500
The indexes set a tough benchmark in 2017 with the Standard & Poor’s 500 stock index showing a total return (price appreciation plus dividends) of 21.64%. For the year the price gain on the 50 Stocks Portfolio came to 26.8%. The portfolio also showed a 1.28% yield for the year. The total return for the portfolio was 28.1% in 2017.
Don’t forget to harvest your tax losses by the end of the year
U.S. stocks have had a great year in 2017. The Standard & Poor’s 500 stock index is ahead 18.66% for 2017 as of the close today, December 23. The NASDAQ Composite, heavy on tech stocks and financials, is ahead 28.2%. But there’s a good likelihood that you’ve got a tax loss or two–not everything you own is up for the year, probably, and not everything you own is up since you bought it way back whenever–and in a year like this tax losses can be especially valuable.
It’s beginning to look a lot like Christmas in Macao–and for MGM Resorts
The first ten days of December have been strong for gaming revenue in Macao. That has led investment company Sanford Bernstein to project that gaming revenue in Macao will climb 21% to 23% for the month. That would be stronger than expected--and bodes well for...
Autoliv to spin off its auto electronics safety business
No surprise really, which is why shares of Autoliv (ALV) climbed only 0.75% on the news today. Â But it's still good to have a formal decision: After completing its review of the business, the company's board has decided to spin off Autoliv's auto electronics safety...
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...Download Jim’s eBook for Free
