Latest news with #investing
Forbes
17 minutes ago
- Business
- Forbes
TJX Companies Becomes Oversold
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. 10 Oversold Stocks You Should Know About » In trading on Wednesday, shares of TJX Companies entered into oversold territory, hitting an RSI reading of 29.7, after changing hands as low as $120.1952 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 67.0. A bullish investor could look at TJX's 29.7 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of TJX shares: TJX Looking at the chart above, TJX's low point in its 52 week range is $107.71 per share, with $135.85 as the 52 week high point — that compares with a last trade of $119.94. Find out what 9 other oversold stocks you need to know about » Free Report: Top 8%+ Dividends (paid monthly)
Bloomberg
an hour ago
- Business
- Bloomberg
At The Money: The Right Way to Spend Your Money in Retirement
One of the biggest challenges of retirement is actually spending your money! After decades of working, saving, and investing, pivoting to spending down your accumulated wealth can be surprisingly difficult. Christine Benz is the Director of Personal Finance and Retirement Planning at Morningstar. She's published numerous books on retirement, most recently, 'How to Retire: 20 Lessons for a Happy, Successful and Wealthy Retirement.' Each week, 'At the Money' discusses an important topic in money management. From portfolio construction to taxes and cutting down on fees, join Barry Ritholtz to learn the best ways to put your money to work.
Forbes
an hour ago
- Business
- Forbes
Buy or Sell GE Stock Ahead of Its Upcoming Earnings?
CHONGQING, CHINA - JULY 13: In this photo illustration, a hand holds a smartphone displaying the ... More logo of General Electric Company (NYSE: GE) in front of a blurred GE brand background on July 13, 2025 in Chongqing, China. (Photo illustration by) GE Aerospace (NYSE:GE) is scheduled to release its earnings report on Thursday, July 17, 2025. This upcoming announcement is a key event for investors, especially those employing an event-driven trading strategy. Historically, GE stock has shown a tendency for positive one-day returns following its earnings reports. Over the past five years, GE's stock has seen positive returns on the day after earnings in 60% of instances. The median positive return during this period was 5.1%, with a maximum one-day positive return of 8.3%. For the upcoming report, consensus estimates project earnings of $1.40 per share on sales of $9.51 billion. These figures represent an increase compared to the year-ago quarter, when GE reported earnings of $1.20 per share on sales of $8.22 billion. While the actual results compared to consensus estimates will be a major determinant of stock movement, understanding historical patterns can provide an edge for event-driven traders. There are two primary approaches to consider: From a fundamental perspective, GE currently has a market capitalization of approximately $283 billion. Over the last twelve months, the company generated $40 billion in revenue, achieving operational profitability with $7.5 billion in operating profits and a net income of $7.0 billion. Now, if you seek upside with lower volatility than individual stocks, the Trefis High Quality portfolio presents an alternative - having outperformed the S&P 500 and generated returns exceeding 91% since its inception. Separately, see – What's Happening With SBET Stock? See earnings reaction history of all stocks GE Aerospace's Historical Odds Of Positive Post-Earnings Return Some observations on one-day (1D) post-earnings returns: Additional data for observed 5-Day (5D), and 21-Day (21D) returns post earnings are summarized along with the statistics in the table below. GE 1D, 5D, and 21D Post Earnings Return Correlation Between 1D, 5D, and 21D Historical Returns A relatively less risky strategy (though not useful if the correlation is low) is to understand the correlation between short-term and medium-term returns post earnings, find a pair that has the highest correlation, and execute the appropriate trade. For example, if 1D and 5D show the highest correlation, a trader can position themselves "long" for the next 5 days if 1D post-earnings return is positive. Here is some correlation data based on 5-year and 3-year (more recent) history. Note that the correlation 1D_5D refers to the correlation between 1D post-earnings returns and subsequent 5D returns. GE Correlation Between 1D, 5D and 21D Historical Returns Learn more about Trefis RV strategy that has outperformed its all-cap stocks benchmark (combination of all 3, the S&P 500, S&P mid-cap, and Russell 2000), to produce strong returns for investors. Separately, if you want upside with a smoother ride than an individual stock like GE Aerospace, consider the High Quality portfolio, which has outperformed the S&P, and clocked >91% returns since inception.
Yahoo
2 hours ago
- Business
- Yahoo
This Data Center Stock Keeps Hitting New All-Time Highs
EMCOR (EME) is showing strong technical momentum, hitting a new all-time high on July 15. The stock has an 88% technical 'Buy' signal via Barchart. EME stock is trading above key moving averages, with significant price appreciation since Trend Seeker issued a 'Buy' in May. EMCOR has solid fundamentals, but its shares are considered volatile and speculative. Valued at $24.6 billion, EMCOR (EME) is one of the leading providers of mechanical and electrical construction, industrial and energy infrastructure, as well as building services for a diverse range of businesses. The company serves commercial, industrial, utility and institutional clients. One aspect of its business is supporting companies in building, powering, and servicing their data centers. EMCOR says it help makes 'hyper-scale data centers possible.' I found today's Chart of the Day by using Barchart's powerful screening functions. I sorted for stocks with the highest technical buy signals, superior current momentum in both strength and direction, and a Trend Seeker 'buy' signal. I then used Barchart's Flipcharts feature to review the charts for consistent price appreciation. EME checks those boxes. Since the Trend Seeker signaled a buy on May 1, the stock has gained 33.27%. Dear Nvidia Stock Fans, Mark Your Calendars for July 16 How to Buy Tesla for a 13% Discount, or Achieve a 26% Annual Return Retirement Ready: 3 Dividend Stocks to Set and Forget Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Editor's Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the website when you read this report. These technical indicators form the Barchart Opinion on a particular stock. EMCOR shares hit a new all-time high on July 15, touching $562.77 in intraday trading. EME has an 88% technical 'Buy' signal. The stock recently traded at $549.76, above its 50-day moving average of $490.56. EMCOR has a Weighted Alpha of +54.45. The stock has gained 41.13% over the past year. EME has its Trend Seeker 'Buy' signal intact. EMCOR is trading above its 20, 50 and 100-day moving averages. The stock made 14 new highs and gained 13.55% in the last month. Relative Strength Index is at 70.84%. The technical support level is $543.42. $24.6 billion market cap. Trailing price-earnings ratio of 24.45x. Revenue is projected to grow 13.05% this year and another 5.76% next year. Earnings are estimated to increase 10.50% this year and increase an additional 8.26% next year. I don't buy stocks because everyone else is buying, but I do realize that if major firms and investors are dumping a stock, it's hard to make money swimming against the tide. It looks like Wall Street analysts are bullish, but some major advisory sites aren't. The Wall Street analysts tracked by Barchart issued six 'Strong Buy,' one 'Moderate Buy,' and one 'Hold' opinions on the stock. Value Line gives the company its highest rating. CFRA's MarketScope rates the stock a 'Strong Buy.' Morningstar thinks the stock is 17% overvalued. 8,840 investors monitor the stock on Seeking Alpha, which rates the stock a 'Hold.' EMCOR currently has momentum and is hitting new highs. I caution that EME is volatile and speculative — use strict risk management and stop-loss strategies. Today's Chart of the Day was written by Jim Van Meerten. Read previous editions of the daily newsletter here. Additional disclosure: The Barchart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance. On the date of publication, Jim Van Meerten did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on 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 hours ago
- Business
- Yahoo
Jim Cramer on Hinge Health: 'Looks Like Another Good Option for Investors'
Hinge Health, Inc. (NYSE:HNGE) is one of the stocks Jim Cramer shared his thoughts on. During the episode, Cramer showed a bullish sentiment toward the company stock, as he said: '… After the quiet period ended mid-June, and Hinge received universally positive coverage from the analysts, the stock then took off again, climbing as high as $52 and change on the last day of June before pulling back to the mid-40s as of today. So I like that nice pullback from the top… A professional investor in a bespoke suit calmly analysing a stock exchange chart. Hinge Health (NYSE:HNGE) develops software focused on joint and muscle care and provides solutions for musculoskeletal conditions, injury recovery, chronic pain, and post-surgical rehabilitation. The company also offers administrative and operational support services. While we acknowledge the potential of HNGE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
