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. In trad...
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. In trading on Friday, shares of Hagerty Inc (Symbol: HGTY) entered into oversold territory, hitting an RSI reading of 29.1, after changing hands as low as $10.19 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 42.2. A bullish investor could look at HGTY's 29.1 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 HGTY shares: Looking at the chart above, HGTY's low point in its 52 week range is $8.03 per share, with $14 as the 52 week high point — that compares with a last trade of $10.39. Find out what 9 other oversold stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Matt Curtis, a Wall Street analyst at DA Davidson, initiated coverage of Chipotle Mexican Grill (NYSE: CMG) stock with a buy rating and a $51 price target, reports TheFly.com today. The stock didn't react as you'd expect to the good news, however. It didn't go up. Instead, it fell 3.6% through 11:30 a.m. ET Friday. Why? What Davidson says about Chipotle Any number of things could have caused Chipo...
Matt Curtis, a Wall Street analyst at DA Davidson, initiated coverage of Chipotle Mexican Grill (NYSE: CMG) stock with a buy rating and a $51 price target, reports TheFly.com today. The stock didn't react as you'd expect to the good news, however. It didn't go up. Instead, it fell 3.6% through 11:30 a.m. ET Friday. Why? What Davidson says about Chipotle Any number of things could have caused Chipotle stock to fall today -- that's the nature of stock investing: often, you're just guessing. If I had to guess, though, I'd say it's probably the lack of detail in Davidson's buy recommendation on Chipotle that is making investors hesitant to take the analyst's advice. In TheFly's write-up, Curtis is quoted predicting "a significant rebound for Chipotle in FY26 due to multiple sales driving initiatives." These initiatives are not stated; the write-up merely says that, according to one analyst, Chipotle's same-store sales growth could "potentially return [to its] historical mid-single digit range by year-end." Davidson thinks when this happens, Chipotle's profits will improve and its stock price multiple will expand, giving the stock a one-two shot of catalysts to drive the price higher. Expand NYSE : CMG Chipotle Mexican Grill Today's Change ( -3.70 %) $ -1.37 Current Price $ 35.69 Key Data Points Market Cap $48B Day's Range $ 35.13 - $ 37.05 52wk Range $ 29.75 - $ 58.42 Volume 379K Avg Vol 18M Gross Margin 22.35 % Is Chipotle stock a buy? The logic is sound, so far as it goes. Curtis may even be right about the rebound, despite a weak economy and consumers feeling pressure to spend less eating out. But here's the thing: Chipotle stock costs 32 times trailing earnings right now, and its price-to-free cash flow ratio looks even more expensive. Even assuming Chipotle can dodge all the bad economic news and grow sales despite headwinds, would "mid-single digit" sales growth really justify paying 30-plus times earnings for a fast food stock? I have my doubts. For me, Chipotle ...
Key Points DA Davidson analyst Matt Curtis just initiated Chipotle stock with a buy rating. H2 sales will rebound, says Curtis, to "mid-single digit" growth. 10 stocks we like better than Chipotle Mexican Grill › Matt Curtis, a Wall Street analyst at DA Davidson, initiated coverage of Chipotle Mexican Grill (NYSE: CMG) stock with a buy rating and a $51 price target, reports TheFly.com today. The s...
Key Points DA Davidson analyst Matt Curtis just initiated Chipotle stock with a buy rating. H2 sales will rebound, says Curtis, to "mid-single digit" growth. 10 stocks we like better than Chipotle Mexican Grill › Matt Curtis, a Wall Street analyst at DA Davidson, initiated coverage of Chipotle Mexican Grill (NYSE: CMG) stock with a buy rating and a $51 price target, reports TheFly.com today. The stock didn't react as you'd expect to the good news, however. It didn't go up. Instead, it fell 3.6% through 11:30 a.m. ET Friday. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Why? What Davidson says about Chipotle Any number of things could have caused Chipotle stock to fall today -- that's the nature of stock investing: often, you're just guessing. If I had to guess, though, I'd say it's probably the lack of detail in Davidson's buy recommendation on Chipotle that is making investors hesitant to take the analyst's advice. In TheFly's write-up, Curtis is quoted predicting "a significant rebound for Chipotle in FY26 due to multiple sales driving initiatives." These initiatives are not stated; the write-up merely says that, according to one analyst, Chipotle's same-store sales growth could "potentially return [to its] historical mid-single digit range by year-end." Davidson thinks when this happens, Chipotle's profits will improve and its stock price multiple will expand, giving the stock a one-two shot of catalysts to drive the price higher. Is Chipotle stock a buy? The logic is sound, so far as it goes. Curtis may even be right about the rebound, despite a weak economy and consumers feeling pressure to spend less eating out. But here's the thing: Chipotle stock costs 32 times trailing earnings right now, and its price-to-free cash flow ratio looks even more expensive. Even assuming Chipotle can dodge a...
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. In trad...
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. In trading on Friday, shares of Ares Management Corp (Symbol: ARES) entered into oversold territory, hitting an RSI reading of 29.3, after changing hands as low as $108.24 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 42.2. A bullish investor could look at ARES's 29.3 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 ARES shares: Looking at the chart above, ARES's low point in its 52 week range is $106.02 per share, with $194.87 as the 52 week high point — that compares with a last trade of $111.03. Find out what 9 other oversold stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In trading on Friday, the KraneShares CSI China Internet ETF is outperforming other ETFs, up about 1.8% on the day. Components of that ETF showing particular strength include shares of Autohome, up about 2% and shares of Tal Education Group, up about 2% on the day. And underperforming other ETFs today is the iShares U.S. Regional Banks ETF, down about 3.7% in Friday afternoon trading. Among compon...
In trading on Friday, the KraneShares CSI China Internet ETF is outperforming other ETFs, up about 1.8% on the day. Components of that ETF showing particular strength include shares of Autohome, up about 2% and shares of Tal Education Group, up about 2% on the day. And underperforming other ETFs today is the iShares U.S. Regional Banks ETF, down about 3.7% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of Western Alliance, lower by about 13.3%, and shares of Umb Financial, lower by about 4.5% on the day. VIDEO: Friday's ETF Movers: KWEB, IAT The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Abstract Aerial Art/DigitalVision via Getty Images The last article mentioned buying TotalEnergies SE ( TTE ) in preference to Repsol ( REPYY ) due to its superior profitability. Before that came an article on the high debt rating of Total and its push to get the highest (AA) debt rating in the industry for a supermajor. The Iran crisis (or challenges) is going to show the advantage of a supermajo...
Abstract Aerial Art/DigitalVision via Getty Images The last article mentioned buying TotalEnergies SE ( TTE ) in preference to Repsol ( REPYY ) due to its superior profitability. Before that came an article on the high debt rating of Total and its push to get the highest (AA) debt rating in the industry for a supermajor. The Iran crisis (or challenges) is going to show the advantage of a supermajor with a darn good balance sheet in a crisis situation that is characteristic of this very volatile and low-visibility industry. We still do not know how long the Iran crisis will last as it affects the oil industry. Many reports have the Strait of Hormuz closed. If it stays closed for a length of time, it could very much alter how the industry does business while raising some commodity prices in the process. Many of these crises that happen resolve themselves rather quickly as it affects the industry (even if the politics take longer). But right now, the best thing to do with many ideas is to be patient. The oil industry as a whole has run up considerably from before the crisis. There is every chance that the run-up will backtrack either from a resolution to the current situation (quickly) as it affects the industry or possibly from a loss of interest due to something else that attracts our interest with our notoriously short attention span. A supermajor like Total is likely able to shift resources as the industry accommodates the situation to maximize profits. Just about any oil company learns to navigate the politics where it operates. Oil and gas, by its nature, is very much involved in all kinds of political situations. So, navigating the Iran situation as it unfolds is not really new territory in a sense. Total is in a better position than many smaller competitors due to its extensive geographic diversification. That makes it far easier to shift resources to areas that benefit (if needed) while "starving" areas that are not going to do well. Southern Africa One of the...
MILWAUKEE, March 06, 2026 (GLOBE NEWSWIRE) -- Enerpac Tool Group Corp. (NYSE: EPAC) announced today that it will release its second quarter fiscal 2026 earnings after the market closes on Wednesday, March 25, 2026. Management will conduct a conference call to discuss the results on Thursday, March 26, 2026, beginning at 8:30 a.m. ET / 7:30 a.m. CT. A real-time webcast of the conference call can be...
MILWAUKEE, March 06, 2026 (GLOBE NEWSWIRE) -- Enerpac Tool Group Corp. (NYSE: EPAC) announced today that it will release its second quarter fiscal 2026 earnings after the market closes on Wednesday, March 25, 2026. Management will conduct a conference call to discuss the results on Thursday, March 26, 2026, beginning at 8:30 a.m. ET / 7:30 a.m. CT. A real-time webcast of the conference call can be accessed via the Investors section of the Company’s website. For those who are unavailable to listen to the live broadcast, a replay will be available shortly after the call for 90 days. About Enerpac Tool Group Enerpac Tool Group Corp. is a premier industrial tools, services, technology, and solutions provider serving a broad and diverse set of customers and end markets for mission-critical applications in more than 100 countries. The Company makes complex, often hazardous jobs possible safely and efficiently. Enerpac Tool Group’s businesses are global leaders in high pressure hydraulic tools, controlled force products, and solutions for precise positioning of heavy loads that help customers safely and reliably tackle some of the most challenging jobs around the world. The Company was founded in 1910 and is headquartered in Milwaukee, Wisconsin. Enerpac Tool Group common stock trades on the NYSE under the symbol EPAC. For further information on Enerpac Tool Group and its businesses, visit the Company's website at www.enerpactoolgroup.com. Contact: Investor Relations investor.relations@enerpac.com
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. In trad...
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. In trading on Friday, shares of Capri Holdings Ltd (Symbol: CPRI) entered into oversold territory, hitting an RSI reading of 29.2, after changing hands as low as $17.56 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 42.2. A bullish investor could look at CPRI's 29.2 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 CPRI shares: Looking at the chart above, CPRI's low point in its 52 week range is $11.86 per share, with $28.265 as the 52 week high point — that compares with a last trade of $18.30. Find out what 9 other oversold stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In trading on Friday, trucking shares were relative laggards, down on the day by about 5.6%. Helping drag down the group were shares of Saia, down about 9.2% and shares of Old Dominion Freight Line down about 8.5% on the day. Also lagging the market Friday are construction materials & machinery shares, down on the day by about 3.3% as a group, led down by Quanex Building Products, trading lower by...
In trading on Friday, trucking shares were relative laggards, down on the day by about 5.6%. Helping drag down the group were shares of Saia, down about 9.2% and shares of Old Dominion Freight Line down about 8.5% on the day. Also lagging the market Friday are construction materials & machinery shares, down on the day by about 3.3% as a group, led down by Quanex Building Products, trading lower by about 6% and Floor & Decor Holdings, trading lower by about 5.3%. VIDEO: Friday Sector Laggards: Trucking, Construction Materials & Machinery Stocks The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In trading on Friday, oil & gas exploration & production shares were relative leaders, up on the day by about 1.8%. Leading the group were shares of Battalion Oil, up about 23.1% and shares of W & T Offshore up about 14.4% on the day. Also showing relative strength are defense shares, up on the day by about 1.8% as a group, led by Elbit Systems, trading up by about 4.7% and Kratos Defense & Securi...
In trading on Friday, oil & gas exploration & production shares were relative leaders, up on the day by about 1.8%. Leading the group were shares of Battalion Oil, up about 23.1% and shares of W & T Offshore up about 14.4% on the day. Also showing relative strength are defense shares, up on the day by about 1.8% as a group, led by Elbit Systems, trading up by about 4.7% and Kratos Defense & Security Solutions, trading up by about 4.7% on Friday. VIDEO: Friday Sector Leaders: Oil & Gas Exploration & Production, Defense Stocks The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Friday, Diana Shipping Inc. (DSX), which owns about 14.8 percent stake in Genco Shipping & Trading Limited (GNK), announced that it has increased its all-cash offer to acquire all of the issued and outstanding shares of the company for $23.50 per share. The increased offer, made in partnership with Star Bulk Carriers Corp. (SBLK), reflects Diana's continued belief in the financial and ...
(RTTNews) - Friday, Diana Shipping Inc. (DSX), which owns about 14.8 percent stake in Genco Shipping & Trading Limited (GNK), announced that it has increased its all-cash offer to acquire all of the issued and outstanding shares of the company for $23.50 per share. The increased offer, made in partnership with Star Bulk Carriers Corp. (SBLK), reflects Diana's continued belief in the financial and strategic merits of the proposed acquisition, and its commitment to delivering enhanced value to all Genco shareholders. The revised proposal is backed by $1.433 billion of fully committed financing, arranged by DNB Carnegie and Nordea, with participation from leading international banks. Concurrently, Star Bulk has entered into a definitive agreement with Diana to acquire 16 Genco vessels for $470.5 million in cash upon completion of Diana's acquisition of Genco. Currently, GNK is trading at $21.93, down 5.31 percent, and DSX is moving down 6.52 percent, to $2.36 on the New York Stock Exchange. Meanwhile, SBLK is falling 4.58 percent, to $23.48 on the Nasdaq. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Marvell Technology Group Ltd. (NASDAQ:MRVL) has been upgraded to a ‘Buy’ rating by Bank of America analysts following the company’s fourth quarter earnings report, as investors reacted positively to the company’s outlook and growth initiatives. The firm also raised its price target on the...
Marvell Technology Group Ltd. (NASDAQ:MRVL) has been upgraded to a ‘Buy’ rating by Bank of America analysts following the company’s fourth quarter earnings report, as investors reacted positively to the company’s outlook and growth initiatives. The firm also raised its price target on the...
Galeanu Mihai/iStock via Getty Images By Elior Manier This morning is sending a nasty look for markets, as oil continues to explode higher amid Middle East tensions. At the same time, US labor data keeps showing volatility, this time to the downside. It is a dark day for risk assets, and the fundamentals aren't going to help - particularly with a miss in Retail Sales rubbing salt in the wound, it ...
Galeanu Mihai/iStock via Getty Images By Elior Manier This morning is sending a nasty look for markets, as oil continues to explode higher amid Middle East tensions. At the same time, US labor data keeps showing volatility, this time to the downside. It is a dark day for risk assets, and the fundamentals aren't going to help - particularly with a miss in Retail Sales rubbing salt in the wound, it seems that prior bounces in US data could have been a seasonal effect of Holidays/New Year hiring and consumption. We could now be facing a hangover. Morning US Data (Source: MarketPulse Economic Calendar) Non-Farm Payrolls just released at -92K vs. +56K expected, a significant (-148K) miss! Such a reversal in the data can't fail to raise questions about actual job displacement from new AI technologies and whether the Federal Reserve is really getting behind the curve. The issue for the Central Bank is that inflation is certainly bouncing higher despite lower Retail Sales. So, combine a weaker jobs market, consumption, and elevated inflation, and conclusions about stagflation could be reached quickly - and with decent reasoning, too! With energy prices shooting higher throughout the week, it is certain that inflation expectations are not going to ease anytime soon - the only thing that could soothe them at this point is an actual pricing of slower consumption ahead, but that wouldn't fare well for the US economy. Goods-producing, Private Education, and Services took the largest hit, with gains only seen in Financials and Wholesale Trades. (You can get access to the Non-Farm Payrolls report for February right here .) We will provide a quick outlook on the market before diving into WTI oil charts to get ready for what could be another volatile weekend. A Nasty Market Picture Stock and Energy Product Futures (Courtesy of FinViz) There goes risk appetite, as a close to 10% rise in daily WTI prices will keep raising inflation expectations, and that tends to coincide with major r...
There are no guarantees in the financial markets, but when you play the probabilities, you can win in the long run. In the realm of dividend-paying stocks, certain ones have a very high likelihood of increasing their cash payments to the shareholders. Think about it: if a company has grown its dividend payouts (in dollar ... These Dividend Stocks Are Almost Guaranteed to Keep Raising Their Payouts
There are no guarantees in the financial markets, but when you play the probabilities, you can win in the long run. In the realm of dividend-paying stocks, certain ones have a very high likelihood of increasing their cash payments to the shareholders. Think about it: if a company has grown its dividend payouts (in dollar ... These Dividend Stocks Are Almost Guaranteed to Keep Raising Their Payouts
American Tower announced that its Board of Directors has declared a quarterly cash distribution of $1.79 per share on shares of the Company's common stock. The distribution is payable on April 28, 2026 to the stockholders of record at the close of business on April 14, 2026. Academy Sports and Outdoors announced today that on March 5, 2026, its Board of Directors declared a quarterly cash dividend...
American Tower announced that its Board of Directors has declared a quarterly cash distribution of $1.79 per share on shares of the Company's common stock. The distribution is payable on April 28, 2026 to the stockholders of record at the close of business on April 14, 2026. Academy Sports and Outdoors announced today that on March 5, 2026, its Board of Directors declared a quarterly cash dividend of $0.15 per share of the Company's common stock with respect to the fiscal quarter ended January 31, 2026. This represents an increase of approximately 15 percent from the previous quarterly cash dividend and marks the fourth consecutive year of dividend growth. The quarterly cash dividend is payable on April 10, 2026, to stockholders of record as of the close of business on March 20, 2026 The board of directors of Medtronic on Thursday, March 5, 2026, approved the company's cash dividend for the fourth quarter of fiscal year 2026 of $0.71 per ordinary share. This quarterly declaration is consistent with the dividend increase announcement made by the company in May 2025. Medtronic is a constituent of the S&P 500 Dividend Aristocrats index, having increased its annual dividend payment for the past 48 consecutive years. The dividend is payable on April 17, 2026, to shareholders of record at the close of business on March 27, 2026. Vertiv Holdings, a global leader in critical digital infrastructure, today announced that its Board of Directors has declared a quarterly cash dividend of $0.0625 per share of the company's Class A common stock. The cash dividend will be payable on March 26, 2026, to shareholders of record of Class A common stock at the close of business on March 17, 2026. AECOM, the trusted global infrastructure leader, today announced that its Board of Directors has declared a quarterly cash dividend of $0.31 per share as part of its ongoing quarterly dividend program. The dividend is payable on April 17, 2026 to stockholders of record as of the close of busines...
In trading on Friday, shares of Vontier Corp (Symbol: VNT) crossed below their 200 day moving average of $35.32, changing hands as low as $35.07 per share. Vontier Corp shares are currently trading off about 1.6% on the day. The chart below shows the one year performance of VNT shares, versus its 200 day moving average: Looking at the chart above, VNT's low point in its 52 week range is $27.22 per...
In trading on Friday, shares of Vontier Corp (Symbol: VNT) crossed below their 200 day moving average of $35.32, changing hands as low as $35.07 per share. Vontier Corp shares are currently trading off about 1.6% on the day. The chart below shows the one year performance of VNT shares, versus its 200 day moving average: Looking at the chart above, VNT's low point in its 52 week range is $27.22 per share, with $41.61 as the 52 week high point — that compares with a last trade of $35.17. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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. In trad...
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. In trading on Tuesday, shares of Bausch Health Companies Inc (Symbol: BHC) entered into oversold territory, hitting an RSI reading of 28.5, after changing hands as low as $6.16 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 60.5. A bullish investor could look at BHC's 28.5 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 BHC shares: Looking at the chart above, BHC's low point in its 52 week range is $6.085 per share, with $11.46 as the 52 week high point — that compares with a last trade of $6.20. Find out what 9 other oversold stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The Iran conflict has driven the oil price past $90 a barrel to its highest weekly gains since the Covid-19 pandemic six years ago, threatening a fresh rise in global inflation. Reports that Kuwait had begun cutting production of oil at some fields after running out of space to store it drove the cost of a barrel of Brent crude to as high as $91.89 at one point on Friday – its highest since April ...
The Iran conflict has driven the oil price past $90 a barrel to its highest weekly gains since the Covid-19 pandemic six years ago, threatening a fresh rise in global inflation. Reports that Kuwait had begun cutting production of oil at some fields after running out of space to store it drove the cost of a barrel of Brent crude to as high as $91.89 at one point on Friday – its highest since April 2024 and up from about $72.50 just before war broke out. The price of the international benchmark has surged by more than 25% since the US-Israel attack on Iran last weekend, its biggest weekly jump since the week to 3 April 2020. Fears are now growing over a broader storage crisis in the Middle East that could force the world’s biggest oil producers to halt extraction. Holding facilities in Saudi Arabia and the United Arab Emirates could reach their limit within 20 days, according to consultants at Kpler, potentially forcing further shutdowns. This is considered a last resort for producers because the costly process of restarting can take weeks, piling further pressure on the markets. Concerns have been compounded by Qatar’s energy minister, who predicted that if the war continued unabated all Gulf energy exporters would shut down production within weeks and oil would rise to $150 a barrel. Saad al-Kaabi told the Financial Times that even if the war ended immediately it would take “weeks to months” for the Gulf state to resume its liquified natural gas exports after an Iranian drone strike damaged a key terminal. The country accounts for about 20% of global exports of LNG. Britain relies on Qatar for only about 2% of its total gas supplies but prices on the UK gas market surged to three-year highs this week amid fears that Europe may need to pay a premium to compete with buyers in Asia for gas cargoes if deliveries do not resume soon. Iran’s Islamic Revolutionary Guard Corps have threatened to “set ablaze” any western tanker attempting to pass through the strait, which pro...
Sergii Kolesnikov/iStock via Getty Images It has been eight months since I last took an in-depth look at a biopharma concern called Aurinia Pharmaceuticals Inc. ( AUPH ). I concluded that article by calling the stock "quite cheap" and noted that I had a covered call stake in the equity. AUPH Stock Chart (Seeking Alpha) The shares have roughly doubled in the market since then, and the company has p...
Sergii Kolesnikov/iStock via Getty Images It has been eight months since I last took an in-depth look at a biopharma concern called Aurinia Pharmaceuticals Inc. ( AUPH ). I concluded that article by calling the stock "quite cheap" and noted that I had a covered call stake in the equity. AUPH Stock Chart (Seeking Alpha) The shares have roughly doubled in the market since then, and the company has posted several quarters of additional results, including its Q4 numbers last week. Therefore, it feels like a good time to circle back on this small-cap name. An updated analysis follows below. Company Overview Canadian-headquartered Aurinia Pharmaceuticals main asset is the only FDA-approved oral therapy for lupus nephritis, or LN. This compound's brand name is Lupkynis. Aurinia Pharmaceuticals owns all U.S. rights to Lupkynis. The company has a collaboration and distribution deal with Japanese drug maker Otsuka around certain European nations and Japan. Currently, the stock trades around $15 a share and sports an approximate market capitalization of $2 billion. 2024 Company Presentation The company has only one other notable asset in its pipeline, and that is Aritinercept. The candidate is a dual inhibitor of B cell activating factor (BAFF) and a proliferation-inducing ligand. Aritinercept is an early-stage developmental asset (Phase 1 currently). Leadership stated on its fourth-quarter conference call that a trial and milestone update around Aritinercept would be forthcoming in the second quarter. This asset will not be germane to this analysis. February 2026 Company Presentation Fourth Quarter Results Aurinia Pharmaceuticals posted its fourth-quarter numbers on Feb. 26. The company posted GAAP earnings of $1.53 a share, against expectations of 22 cents a share. Results were distorted by an income tax benefit of $175.1 million Aurinia recorded during the quarter. This was triggered by the release of the valuation allowance on deferred tax assets. Operational cash flow for...
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. In trad...
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. In trading on Friday, shares of Perella Weinberg Partners - Class A (Symbol: PWP) entered into oversold territory, hitting an RSI reading of 26.7, after changing hands as low as $17.075 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 42.2. A bullish investor could look at PWP's 26.7 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 PWP shares: Looking at the chart above, PWP's low point in its 52 week range is $14.12 per share, with $25.925 as the 52 week high point — that compares with a last trade of $17.29. Find out what 9 other oversold stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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. In trad...
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. In trading on Friday, shares of LGI Homes, Inc. (Symbol: LGIH) entered into oversold territory, hitting an RSI reading of 28.4, after changing hands as low as $44.58 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 42.2. A bullish investor could look at LGIH's 28.4 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 LGIH shares: Looking at the chart above, LGIH's low point in its 52 week range is $39.70 per share, with $77.38 as the 52 week high point — that compares with a last trade of $44.71. Find out what 9 other oversold stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.