The latest news and opinion in the service stock space.
Today is a great day for the US market as a whole. As China’s market starts to recover, the US market is following with a big rally. In the service sector, we’re seeing green just about across the board. However, there are a few stocks that are far outperforming the rest today. Here they are … Read more
By Carly Forster The new earnings season officially kicks off this week with three big players scheduled to announce quarterly reports. Find out what to look for in Alcoa Inc. (NYSE:AA), PepsiCo Inc. (NYSE:PEP), and Walgreens Boots Alliance Inc. (NASDAQ:WBA). Alcoa Inc: Alcoa will announce its second quarter 2015 earnings results on Wednesday, July 9 … Read more
By Cody Miecnikowski On July 2, eBay Inc (NASDAQ:EBAY) announced a clear-cut agreement in which Paypal, Inc. will acquire Xoom Corp (NASDAQ:XOOM) for $25 per share, or $890 million in cash. eBay’s shares have since increased, but some analysts argue that eBay’s shares will level off. PayPal’s $890 million transaction represents a premium of 32% … Read more
ITT Educational Services Climbs In A Big Way, But It Probably Won’t Last ITT Educational Services, Inc. (NYSE: ESI) ITT Educational Services stock is up in a big way today, trading on relatively high volume. According to NASDAQ, the average daily volume over the past 90 days on ESI has been 1,018,415. However, so far … Read more
By Carly Forster McDonald’s Corporation (NYSE: MCD) has been in deep water ever since it was uncovered almost a year ago that the company’s primary food supplier in China was selling expired meat to the restaurant chain. Ever since, it seems that McDonald’s has faced hurdle after hurdle all while management has tried to keep … Read more
By Carly Forster It’s fair to say that Netflix, Inc. (NASDAQ: NFLX) has single handedly created the video streaming market. However, as video streaming gets more and more popular, Netflix has been facing growing competition from big players like Internet giant Amazon.com. Inc. (NASDAQ: AMZN). Netflix has certainly come a long way since starting as a … Read more
In the service industry, I believe that there are a few stocks that are presenting very strong opportunities. With that said, below are my favorites in service and why you should be watching these stocks… Netflix Continues Declining On Icahn Announcement Netflix, Inc. (NASDAQ: NFLX) Netflix had a great run on Wednesday after announcing that … Read more
Green Dot Corporation (NYSE: GDOT) Green Dot Corporation stock is having a great day in the market today after announcing that a share repurchase program and new agreement with Walmart (NYSE: WMT) has been initiated. Today, we’ll take a look at the share repurchase program, discuss what we’re seeing in the market, and talk about … Read more
Walt Disney Co. (NYSE: DIS) Walt Disney is an amazing company with an incredible stock; one that is arguably a prime candidate for a long term investment option. Today, we’ll talk a bit about Walt Disney’s history, why it’s a great stock for now, and why DIS is incredibly likely to produce long term gains. … Read more
AirMedia Stock Climbs On “Going Private” Proposal AirMedia Group Inc. (NASDAQ: AMCN) AirMedia Group has announced that the Board of Directors received a non-binding proposal letter; propositioning the company to go private. The letter came from Mr. Herman Man Guo, the CEO of the company on behalf of himself and management. The proposal insinuates that … Read more