Latest news with #EricVolkman
Yahoo
15 hours ago
- Business
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Why Standard Lithium Stock Sank on Thursday
The company notched an important agreement for its Arkansas brine project. This set the royalty fee for lithium extraction. 10 stocks we like better than Standard Lithium › Standard Lithium (NYSEMKT: SLI) was the subject of investor interest on Thursday, thanks in no small part to an important operational update. Although the stock traded nearly 7% higher at one point during the trading session, it ultimately deflated to a nearly 3% loss on the news. Meanwhile, the S&P 500 index landed in positive territory, closing up by 0.4% on the day. Before market open, Standard announced that Smackover Lithium -- a joint venture between it and Norway-based energy company Equinor -- has won approval for a 2.5% royalty rate on a project in Arkansas. A royalty rate is the fee that is paid to holders of an asset where a good, such as lithium, is mined. That 2.5% rate will be in force for the Reynolds Unit for phase 1 of Smackover's play stretching across Arkansas' Lafayette and Columbia counties. In the press release announcing the news, Standard didn't hesitate to mention that this is the first royalty rate for lithium derived from brine approved by the Arkansas Oil and Gas Commission (AOGC). The royalty is to be dispensed to the brine owners, who will also receive an additional "brine fee," totaling just over $65 per acre annually. Standard said that this will bring the total proposed royalty consideration up to roughly 3%. It's important to note that this is only an early phase of Smackover's project and, particularly considering that Standard hasn't yet launched mining at scale, it must be considered speculative. That might be what ultimately drove the stock down, as investors like it when a company puts its money where its mouth is, rather than reporting news of agreements or fees. Still, this does mark an advancement in Standard's business, so perhaps that bearish market response was unwarranted. The company is certainly moving in an encouraging direction, and hopefully for shareholders, it can continue doing so. Before you buy stock in Standard Lithium, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Standard Lithium wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,761!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $826,263!* Now, it's worth noting Stock Advisor's total average return is 978% — a market-crushing outperformance compared to 170% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool recommends Equinor Asa. The Motley Fool has a disclosure policy. Why Standard Lithium Stock Sank on Thursday was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20 hours ago
- Business
- Yahoo
Why HP Stock Sagged by 11% This Week
The company published its fiscal second-quarter earnings. It disappointed investors with an earnings miss and lowered full-year guidance. 10 stocks we like better than HP › The combination of an earnings miss and disappointing guidance put the hurt on veteran tech stock HP (NYSE: HPQ) this week. Over the past five trading days the company's share price withered by 11%, according to data compiled by S&P Global Market Intelligence. Just after market close on Wednesday, HP published figures from its fiscal second quarter of 2025, revealing that its net revenue was $13.2 billion. That was 3% higher than in the same period of fiscal 2024. The dynamic was markedly different on the bottom line, as non-GAAP (adjusted) net income sank to $678 million ($0.71 per share) from the year-ago profit of $812 million. Analysts weren't expecting such a steep drop in profitability; on average, they were modeling adjusted net income of $0.79 per share. On the plus side, the company beat the pundit consensus of under $13.1 billion for net revenue. In the earnings release, HP quoted CEO Enrique Lores as saying that during the quarter, the company had "delivered solid revenue growth, led by strong commercial performance in personal systems and continued momentum behind our future-of-work strategy." HP is bracing for impact on tariffs, which affect its operations because many of its components are sourced abroad. It lowered its guidance for the entirety of the fiscal year, setting the forecast for adjusted per-share earnings at $3.00 to $3.30. That's down considerably from its previous estimate of $3.45 to $3.75. Free cash flow should come in at $2.6 billion to $3 billion, meanwhile. The PC market hasn't been lively for years, and given the enduring popularity of mobile devices, I don't expect this to change. That market will also be affected by the tariff war if it drags on. None of this makes me confident about HP stock. Before you buy stock in HP, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and HP wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $638,985!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $853,108!* Now, it's worth noting Stock Advisor's total average return is 978% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends HP. The Motley Fool has a disclosure policy. Why HP Stock Sagged by 11% This Week was originally published by The Motley Fool Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
21 hours ago
- Business
- Yahoo
Why Dividend King Nordson's Stock Popped This Week
The industrial conglomerate notched convincing top- and bottom-line beats in its latest quarter. It posted growth in several key divisions during the period. 10 stocks we like better than Nordson › Dividend King Nordson (NASDAQ: NDSN) was looking impressively regal on the stock market over the past few days, thanks largely to quarterly results that satisfied investors. With that tailwind at its back, according to data compiled by S&P Global Market Intelligence, the diversified industrial conglomerate's shares finished the week almost 10% higher in price. Nordson's second quarter of fiscal 2025 earnings release, published following market close on Wednesday, showed that the company's total sales for the period were $683 million, an improvement over the $651 million it booked in the same quarter of fiscal 2024. They also topped the analyst consensus estimate of slightly under $673 million. As for profitability, Nordson netted a non-GAAP (generally accepted accounting principles) adjusted income of $138 million, or $2.42 per share. That was a small increase over the $135 million it posted in the same period the previous year. Again, the figure beat the average pundit projection, in this case $2.36. Management attributed the relatively higher numbers to a variety of factors, not least were robust sales in several key divisions, including electronic systems and precision agriculture. A 5% rise in order backlog also boosted results. Nordson proffered guidance for its current (third) quarter, estimating that it will earn $710 million to $750 million across the period. On the bottom line, adjusted earnings should come in at $2.55 to $2.75 per share. On average, analysts tracking the stock are modeling a top line of barely over $724 million, and adjusted profitability of $2.63 per share. With Nordson, it seems to be a case of "steady as she goes," as the key divisions of the company are performing well, major fundamentals continue to grow, and the company keeps throwing off cash to help fund its constantly rising dividend. It feels like a good and reliable investment to me. Before you buy stock in Nordson, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nordson wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $638,985!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $853,108!* Now, it's worth noting Stock Advisor's total average return is 978% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Dividend King Nordson's Stock Popped This Week was originally published by The Motley Fool
Yahoo
2 days ago
- Business
- Yahoo
Why Dogecoin Was Slipping on Thursday
Investors dislike uncertainty, and uncertainty reigned with the Trump administration's tariffs. Speculative plays like Dogecoin are especially vulnerable in volatile situations. 10 stocks we like better than Dogecoin › Top meme cryptocurrency Dogecoin (CRYPTO: DOGE) wasn't looking like much of an alpha animal on Thursday. As of 4:00 p.m. ET, it was down slightly in price by 0.3%, late in a day when uncertainty on the future of current tariffs was rising. Many investors opted to buy stocks instead of transacting in altcoins like Dogecoin, as the S&P 500 index closed the day higher (by 0.3%). Cryptocurrencies, by their nature, are speculative investments, and Dogecoin -- a one-time satirical project that has improbably become a leading altcoin -- is a particularly speculative play. Such assets can be volatile at the best of times, and that goes double in periods of macroeconomic worry. That isn't to say the global economy isn't doing badly. However, the tariffs enacted by the Trump administration continue to weigh on investor psyches. Thursday was a particularly up-and-down day for this, as a Court of International Trade ruled late Wednesday that some of those tariffs were levied illegally. But an appeals court granted the administration's request for a temporary pause on that ruling the following day. The tariffs are already a trial for many crypto holders. That's because their potential dampening effect on both the U.S. and global economy risks draining investment out of speculative plays like crypto into those considered safer, such as government bonds or blue chip stocks. So, the tariff yo-yo on Thursday didn't do Dogecoin any favors. Although he's backed down on some of the more severe tariffs, Trump seems very intent on keeping many in place. Given that, we shouldn't expect the legal fight over them to abate anytime soon. For crypto-heads, perhaps it's best to stock up on some of the more utilitarian coins and tokens, such as Ethereum (CRYPTO: ETH) or Solana (CRYPTO: SOL) Before you buy stock in Dogecoin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Dogecoin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,761!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $826,263!* Now, it's worth noting Stock Advisor's total average return is 978% — a market-crushing outperformance compared to 170% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Eric Volkman has positions in Ethereum. The Motley Fool has positions in and recommends Ethereum and Solana. The Motley Fool has a disclosure policy. Why Dogecoin Was Slipping on Thursday was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Why BRP Stock Rocketed Nearly 13% Higher Today
It notched a pair of convincing beats on analyst estimates in its opening quarter of fiscal 2026. It isn't yet proffering guidance for future periods, however. 10 stocks we like better than Brp › Crushing beats on both the top and bottom lines by Bombardier Recreational Products (NASDAQ: DOOO), or BRP, clearly impressed the stock market on Thursday. Buoyed by highly encouraging results from the first quarter of fiscal 2026, the shares enjoyed a gain of nearly 13% across the day's trading session. That percentage was also well higher than the 0.3% gain recorded by the S&P 500 index. BRP, a Canada-based company that specializes in vehicles such as snowmobiles and personal sea craft, published those quarterly figures before market open. These revealed that the company booked revenue of just under 1.85 billion Canadian dollars ($1.34 billion), which was down by almost 8% on a year-over-year basis. However, it easily topped the CA$1.23 billion ($893 million) analyst consensus. Non-IFRS net income also declined, falling to just under CA$35 million ($25 million) from the year-ago profit of almost CA$121 million ($88 million). On a per-share basis, the former shook out to CA$0.47 ($0.34) per share. Again, though, this was significantly better than pundits had been expecting, as their collective estimate was merely CA$0.29 ($0.21) per share. In its earnings release, BRP gave itself a pat on the back for its better-than-anticipated performance in light of recent macroeconomic uncertainty. It attributed this largely to brisk end-of-season sales in the snowmobile segment. That macroeconomic uncertainty, however, is keeping management from providing guidance for future periods. That said, CEO Jose Boisjoli commented in a press release that "although demand remains soft due to a challenging macro environment, our strong product portfolio and leaner inventory levels position us favorably for a rebound." Before you buy stock in Brp, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Brp wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,761!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $826,263!* Now, it's worth noting Stock Advisor's total average return is 978% — a market-crushing outperformance compared to 170% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool recommends BRP. The Motley Fool has a disclosure policy. Why BRP Stock Rocketed Nearly 13% Higher Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
