🦉 Time to buy these 3 healthcare companies that raised revenue guidance?
byCOVID-19-
The new year brings a clean slate heading into the fourth-quarter earnings season. Companies can usually gauge if their previous forecasts were in line or need to be adjusted to warn or prepare investors ahead of time. Some companies may partake in the guidance shuffle dance, purposely lowballing forecasts to hop over the original forecasts for a beat, while some companies overpromise and underdeliver. Here are three healthcare companies in the medical sector starting the year on the right foot by raising their revenue guidance. Exact Sciences Co. Exact Sciences Co. .
The sell-off in equities gained momentum on Wednesday, with the S&P down another half percent. The move is due to the growing certainty the FOMC won't cut interest in Q1 or even in Q2. As is, higher-for-longer means June or later and later is a significant possibility. Inflation has subsided, but recent data suggests a trough in the data is forming that could leave high rates in place through the end of the year.
The S&P 500 is struggling with resistance and may be unable to move higher. Even if Q4 earnings are better than expected, the outlook for EPS growth this year is expected to deteriorate. That situation could leave the index range bound with a chance of selling off sharply. Without a bullish catalyst, the odds are high that January will end with equities flat to down, signaling a lackluster year for stocks in 2024.
The new year brings a clean slate heading into the fourth-quarter earnings season. Companies can usually gauge if their previous forecasts were in line or need to be adjusted to warn or prepare investors ahead of time. Some companies may partake in the guidance shuffle dance, purposely lowballing forecasts to hop over the original forecasts for a beat, while some companies overpromise and underdeliver. Here are three healthcare companies in the medical sector starting the year on the right foot by raising their revenue guidance. Exact Sciences Co. Exact Sciences Co.
As the world shifts to renewables such as wind and solar, how will we store all this energy?
Vanadium batteries are the breakthrough that some experts predict will be the future of grid-scale energy storage. The problem is, only 5% of vanadium is mined in the U.S. - and China and Russia have a stranglehold on our supply.
The Consumer Financial Protection Bureau has proposed new rules that would lower overdraft fees, with President Joe Biden calling the charges "exploitative." Currently, the fee for overdrawing a bank account averages more than $26.If a bank temporarily lends a consumer money when their account has reached a zero balance, the consumer is typically responsible for paying back both the overdrawn amount and an additional fee, which can be more than the original amount charged. In one example often cited by opponents of the fees, a $3 cup of coffee can end up costing someone $30. Here's what to kno...
Airlines were an epicenter industry during the pandemic, along with the travel and leisure industries. The need to stop the spread of COVID-19 warranted social distancing and stay-at-home restrictions, causing many industries to shut down as customers stayed home and workers were required to stay home. Travel restrictions clamped down on domestic and international travel. Iconic investor Warren Buffett sold all his airline stocks during the pandemic, noting that the recovery would be long and slow. After three years, the airline industry is going through normalization with solid trave...
: Artificial Illusion They say it’s the “biggest advancement in modern history…” But THEY’RE WRONG. Artificial intelligence is an Artificial Illusion. Which means if you own AI stocks, you need to watch this film now before it’s too late.
Spirit Airlines hasn't made money since before the pandemic, ticket sales haven't bounced back as quickly as the carrier expected, and dozens of its planes will be grounded at times this year because of a problem with the engines.A sale to JetBlue represented a lifeline for Spirit, which faces $1.1 billion in debt maturing next year. But a federal judge in Boston scuttled that plan by ruling Tuesday that JetBlue's $3.8 billion proposal to buy Spirit violates antitrust law.Now, some Wall Streeters who follow Spirit are tossing around the B word – bankruptcy. The judge had even hinted at such an...
The Houthi attacks on cargo ships in the Red Sea have caused widespread disruptions and economic ramifications for the transportation sector, with cargo and dry bulk shipping and oil/energy sector comprised of the oil and gas industry impacting global trade supply chains. The Red Sea plays a crucial role in the transportation of oil and gas and is a vital artery for global trade. Ships that are avoiding the Red Sea are rerouting their vessels around the horn of Africa, adding extensive fuel and insurance costs of upwards of $1 million per round trip. Insurance premiums for vessels transporting through the Red Sea have shot up 10X. Supply chain disruptions The Suez Canal is the shortest distance between Europe and Asia, amounting to nearly 15% of the world's shipping traffic transit.
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Cutting interest rates too soon could threaten Europe's progress in battling the inflation that has ravaged the economy, the head of the European Central Bank said Wednesday amid widespread speculation that the bank soon will lower rates from record highs.Christine Lagarde, faced with market expectations for rate cuts as soon as March or April and a bank meeting next week, underlined the ECB's intent to keep its benchmark rate high for "as long as necessary" until it's clear that inflation is back to the goal of 2%. Speaking at a Bloomberg News event during the World Economic Forum's annual meeting in Davos, Switzerland, she acknowledged concerns the bank had gone too high too fast with borrowing costs.
As investors face another uncertain year in the market, it could be time to look at small- and mid-cap stocks. That means looking at stocks that are listed on the Russell 2000 index. The Russell 2000 index comprises the 2,000 smallest stocks in the Russell 3000 index. Historically, these stocks tend to outperform the market at the beginning of a bull market. I found the stocks on this list using MarketBeat's Russell 2000 stocks screener. This stock continues to be in style Crocs Inc. (NYSE: CROX) manufactures and markets a distinct style of footwear with a mission to "p...
Americans stepped up their spending at retailers in December, closing out the holiday shopping season and the year on an upbeat tone and signaling that people remain confident enough to keep spending freely
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