Featured Blogs by Russell Markham
VectorVest Smart Investing Blogs
Morgan Stanley is Falling After a Favorable Earnings Day, But the Stock is Still a BUY: 3 Reasons Why
Morgan Stanley (MS) reported its fiscal 4th quarter earnings today before the market opened, and despite beating revenue forecasts, the stock is down more than 3% Tuesday morning. Revenue of $12.9 billion was a 1.2% improvement year over year, beating the FactSet consensus of $11.93 billion handsomely. Key segments in this performance were investment banking revenue (up 5%) and [...]
Kraft Foods Has Gained 20% in the Past Few Months: Why Now Might be the Time to Buy KHC
2023 was a tough year for Kraft Foods, or The Kraft Heinz Company (KHC). The company and its peers struggled compared to the rest of the market, with KHC in particular seeing a 9% drop. However, things began to turn towards the end of the year. This stock has rallied nearly 20% in the past 3 months, and there’s [...]
Wells Fargo is Falling After Provisioning Higher Loan Losses, But the Stock is Still a Buy: 3 Reasons Why
Wells Fargo (WFC) reported 4th quarter results this Friday morning that sent the share price slightly lower, as there is concern regarding a big jump in credit loss provisions. The California-based bank bolstered its reserves by 34%, specifically increasing the allowances for credit losses in credit card and commercial real estate loans. This was offset by a decrease in [...]
Plug Power Inc. Gets Downgraded Amidst Economic Challenges, Begging the Question: Is it Time to Sell?
Plug Power Inc. (PLUG) is down more than 8% so far in Thursday’s trading session after the stock received a downgrade from a team of analysts at SIG Susquehanna. As economic challenges continue to mount, the company has been changed from positive to neutral. Biju Perincheril and a team of other analysts pointed to the expectation that headwinds will [...]
Baby Powder Lawsuits Hurt JNJ while Closing Several Acquisitions; Down 11% in 2023, Is it a Sell?
Johnson & Johnson (JNJ) is known for baby products and the single-shot COVID-19 vaccine, making it a significant booster if you invested before the pandemic. However, following recent lawsuits, JNJ settled to pay $700 million following an investigation over its baby powder, while the COVID-19 vaccine was discontinued in the US, leading to an underwhelming performance in 2023. Is [...]
Nvidia is Up 13% in the Past Week as it Chases Down Amazon: 3 Reasons to Buy This Stock
After leading 2023 as the S&P 500 index’s best performer, Nvidia (NVDA) is picking up where it left off to start the new year. The stock has climbed nearly 14% in the past week and is up more than 2% in Wednesday morning’s trading session. This recent breakout puts its market cap at $1.3 trillion, just $250 billion off [...]