Why Overstock.com Can See Continued Growth and Upside
The public may have overlooked Overstock.com Inc. (NASDAQ: OSTK) and now may have a hard time describing its full operations. Despite being down handily from its highs, the stock is up tenfold in 2020....
View ArticleTop Analyst Upgrades and Downgrades: BigCommerce, Citrix, CRISPR, Dunkin,...
Stocks closed up on Thursday on stimulus talks and ahead of the final presidential debate, and the major indexes were indicated to open about 0.3% higher on Friday morning. Earnings season is in full...
View ArticleClik here to view.
Bitcoin Trackers Not Universally Tracking Bitcoin
The rise of bitcoin has come back into focus now that the digital asset briefly rose above $18,000. Less than a month ago, it was under $12,000. A 50% gain in less than a month is going to raise some...
View ArticleTop Analyst Upgrades and Downgrades: Alphabet, Facebook, Harley-Davidson,...
The futures were modestly higher on Wednesday as investors and Wall Street start to look at results from the big money center banks and brokerage firms today and tomorrow. This is the unofficial start...
View ArticleClik here to view.
Wednesday’s Top Analyst Upgrades and Downgrades: Ford, Netflix, Nordstrom,...
The futures were all trading lower on Wednesday, after investors watched a solid start to the trading day Tuesday turn into a big afternoon reversal wherein all the major indexes and the transportation...
View ArticleChewy, Brinker, Cleveland-Cliffs, Nvidia and More Thursday Afternoon Analyst...
With the trading day more than halfway over, the broad markets saw a loss across the board. Each of the major averages had been holding near an all-time high, but now it seems that some investors are...
View ArticleClik here to view.
Tuesday’s Top Analyst Upgrades and Downgrades: Amgen, Cirrus Logic, Johnson &...
Tuesday morning futures were marginally higher after Friday’s huge miss following the August employment report. While markets could be opening at all-time highs to start out this truncated trading...
View ArticleWednesday’s Top Analyst Upgrades and Downgrades: Allstate, Chevron, Dollar...
The futures traded lower across the board Wednesday on what is typically a very slow day as traders and investors are leaving early to get a jump on the Thanksgiving holiday. The Nasdaq was pummeled...
View ArticleTuesday’s Top Analyst Upgrades and Downgrades: Caterpillar, Lockheed Martin,...
The futures were lower as traders returned from the long MLK holiday weekend for yet another shortened trading week and a deluge of S&P 500 fourth-quarter earnings reports. The major indexes closed...
View ArticleClik here to view.
Bed Bath & Beyond Lives On
Bed Bath & Beyond was supposed to go away. It went bankrupt because of poor management and a lack of cash. Its employees were fired, along with management. Its stores were shut down, which hurt...
View ArticlePre-Market Analyst Calls (October 22, 2007)
AAUK cut to Hold at Citigroup.ANPI cut to Sector PErform at both RBC & CIBC.APPB cut to Underperform at Wachovia.ASH cut to Underperform at Credit Suisse.AXP cut to Equal Weight at Lehman.BHP cut...
View ArticleIs Overstock.com A Hidden Value Stock? One Fund Manager Thinks So (OSTK,...
There was an interesting event this week in New York City that was attended and covered by 24/7 Wall St., and that was the 3rd annual VALUE INVESTING CONGRESS. Fund managers, investment advisors, and...
View ArticleHoliday 2007 E-Commerce Winners And Losers
comScore today released data that shows households with incomes under $50,000 are not lifting their online spending much from the holiday season last year. Sales from this demographic group are up only...
View ArticleIs Overstock Better Or Worse After Key Resignation (OSTK)
Overstock.com, Inc. (NASDAQ:OSTK) has just announced that Jason Lindsey has resigned from the board of directors of Overstock.com and has resigned as the company’s president and chief operating officer...
View ArticleOverstock.com’s Distressed Property Play (OSTK)
Overstock.com, Inc. (NASDAQ: OSTK) has announced its official debut of its real estate search application through the O-Hot Value Indicator. The company site can be accessed at...
View ArticleClik here to view.
If Nakes Short Are Driving Down Shares, Where Are The Buy-Outs? (ABK)(MBI)(OSTK)
When you hear the group of conspiracy theorists that Gary Weiss so aptly named "The Baloney Brigade" talking about naked short selling, you get the idea that unscrupulous short sellers are driving down...
View ArticleOverstock’s Earnings Still Under ‘The O’ (OSTK)
Overstock.com, Inc. (NASDAQ: OSTK) has just reported earnings. The online ‘overstock’ retailer, or “The O,” has posted an 8% decline in revenue of $187.4M and a net loss at -$0.09 EPS. We...
View ArticleMedia Digest 7/2/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: California declared a financial emergency. Reuters: An SEC attorney raised concern about a Madoff report in 2004. Reuters: Auto parts supplier Lear filed for bankruptcy. Reuters: NYC...
View ArticleNeiman Marcus And Sears Crushed In New E-Commerce Survey
Customer satisfaction with the e-commerce operations at Neiman Marcus and Sears (NASDAQ:SHLD) was particularly bad this shopping season based on research covering the 40 largest US retailers based on...
View ArticleClik here to view.
The Twitter-24/7 Wall St. Stock Market Watch 4.1
Twitter has, by most estimates, 75 million visitors a month, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one...
View ArticleClik here to view.
Media Digest (2/24/2011) Reuters, WSJ, NYT, FT, Bloomberg
Brent crude rose $6 to $113 on worries about Middle East contagion. (Reuters) GM (NYSE: GM) is likely to post its first annual profit since 2004. (Reuters) An effort by shareholders to get Apple...
View ArticleClik here to view.
Will Apple Lose Top Employees? The Great Brain Drain (AAPL, MSFT, GOOG)
When great CEOs leave a company, an entire corporate culture is at risk to change, even when the new CEO is the favored replacement. Tim Cook is said to be more than able to fill the role of Apple’s...
View ArticleClik here to view.
The Best and Worst Online Stores This Holiday
Customer service surveys cannot entirely distinguish between true, direct customer service on the one hand and brand perception and reputation of the company providing the service on the other. A look...
View ArticleClik here to view.
Morning Movers (SFLY, QPSA, GOLF, MOTR, OSTK)
The three major US equities indexes opened lower this morning following some more dreary news from Europe. Spanish unemployment totaled 23.3% in January, and the other weak eurozone nations are...
View ArticleClik here to view.
Mid-day Movers (YELP, SFLY, QPSA, PRTS, OSTK)
At about noon today, all three major US stock indexes are lower, with the DJIA down about 30 points at around12,950, the Nasdaq down about 7 points at 2,982, and the S&P 500 down nearly 5 points to...
View ArticleCredibility Issues Mounting at Overstock… Are Viability Issues Next? (OSTK)
What matters more… A CEO who adequately predicted a very deep recession or a CEO who investors and analysts think may be a self-imposed victim of conspiracy theory? Just go ask Overstock.com, Inc....
View ArticleClik here to view.
24/7 Wall St. Closing Bell (TRV, LOW, MSI, PCS, MWW, BIG, GCO, BIOF, BAGL,...
The major US stock indexes opened lower this morning following some weak data on European unemployment. Buyers tried to come back but low volume so far has kept trading lower, and a last-minute rally...
View ArticleClik here to view.
Sears, Overstock, And Gilt Hammered In New E-Commerce Study
Sears (NASDAQ: SHLD), Overstock (NASDAQ: OSTK), and Abercrombie & Fitch (NYSE: ANF) are not particularly well-regarded as brands or particularly well-liked by Wall St. Perhaps coincidentally, each...
View ArticleClik here to view.
Amazon and Apple Crush Competition in New Mobile Survey
Amazon.com Inc. (NASDAQ: AMZN) and Apple Inc. (NASDAQ: AAPL) place so high on most customer satisfaction surveys that the repetition has made the conclusions commonplace. Unfortunately for several...
View ArticleClik here to view.
Market Close: Big Winners & Losers for April 18, 2013
Here are today’s five biggest gaining stocks at closing: Overstock.com (NASDAQ: OSTK) is up 37% at $15.70. Adcare Health Systems Inc. (NYSEMKT: ADK) is up 36.7% at $5.88. Primus Telecommunications...
View ArticleTop Analyst Upgrades and Positive Views from Wall Street
Investors and traders are usually always on the hunt for fresh research ideas that will lead to higher income or more profits. 24/7 Wall St. reviews many fresh analyst research calls to find great...
View ArticleClik here to view.
Is Overstock.com Becoming a New Economic Indicator?
Overstock.com Inc. (NASDAQ: OSTK) had much of the same growth opportunities ahead of it as the now much larger Amazon.com Inc. (NASDAQ: AMZN). The companies even both had very colorful chief executives...
View ArticleClik here to view.
Market Close: Big Winners & Losers for April 19, 2013
Here are today’s five biggest gaining stocks at closing: Vertex Pharmaceuticals Inc.(NASDAQ: VRTX) is up 61.9% at $85.60. Desarrolladora Homex (NYSE: HMX) is up 40.2% at $8.16. Novadaq Technologies...
View ArticleClik here to view.
Top Analyst Upgrades and Downgrades: Amazon, Brightcove, Exxon, GM, Mylan,...
Stocks were looking for direction ahead of Friday’s key durable goods report. Investors still want upside from stocks, even if they feel the bull market of five and a half years has gotten a bit long...
View ArticleClik here to view.
Amazon Leads Retailer Growth With 852% Rise
If the case has not been proven that e-commerce has crushed the growth of traditional retail, a new study shows that the Amazon.com Inc. (NASDAQ: AMZN) posted 852% growth between 2005 and 2013 to $44...
View ArticleClik here to view.
J.C. Penney’s Weak Online Sales
Barely mentioned in the J.C. Penney (NYSE: JCP) earnings report was the tiny amount of its online sales for the quarter. Same-store sales may have improved, but the e-commerce revenue figure betrays a...
View ArticleClik here to view.
Customer Satisfaction Lowest at Wal-Mart, Highest at Nordstrom and Amazon
The American Customer Satisfaction Index (ACSI) for retail stores and websites was published on Wednesday, and the surprising thing is how thoroughly Wal-Mart Stores Inc. (NYSE: WMT) is disliked....
View ArticleClik here to view.
8 Real-Life Investing Lessons From Star Wars on May the 4th
It’s May the 4th, making it the official Star Wars Day. It turns out that there may be at least some wisdom in movies. Though Star Wars is science fiction, and despite there being much in economic...
View ArticleWhy These 3 Companies Just Saw Their Short Interest Double
The latest short interest data shows that short sellers piled on to the three stocks featured here between the October 13 and October 31 settlement dates. This was as the market’s bull run is...
View ArticleClik here to view.
Can the ‘Bitcoin Stocks’ Really Stay (or Come Back) Bitcoin Winners?
The excitement around bitcoin has been understandable. With it seeing exponential gains in 2017, the benchmark cryptocurrency has drawn enough attention for itself and for other cryptocurrencies. At...
View ArticleClik here to view.
4 Stocks Feeling Friday’s Bitcoin Burn
The meteoric rise of bitcoin has been incredibly publicized this year, ultimately warranting a futures index on the CME. While just a few years ago only a handful of people really dealt in bitcoin,...
View ArticleClik here to view.
Dot-Com Bubble Lessons Eating Your Bitcoin and Blockchain Stocks
If you have been around the markets for a couple of decades, the phenomena of bitcoin and the subsequent rise of cryptocurrencies has been more than amazing. Riding high on blockchain, fortunes are...
View ArticleShort Sellers Have Big Stakes for 2018 in Stocks Tracking Bitcoin,...
24/7 Wall St. tracks many key changes in the short interest of major sectors, but the fascination and outright tug-of-war taking place in the world of bitcoin, cryptocurrency and blockchain has taken...
View ArticleClik here to view.
Short Sellers Look Quite Aggressive Against Bitcoin, Cryptocurrency and...
In the world of bitcoin, blockchain and cryptocurrency trading, there has been a story that went from rags to riches and back to rags in a pretty short time. The underlying technology is of course set...
View ArticleTop Analyst Upgrades and Downgrades: AMD, ADT, BP, Campbell Soup, Funko,...
Stocks were indicated to open lower on Friday after the consumer price index showed almost 3% inflation, although trading indications in the futures markets had been lower all morning. Earnings season...
View ArticleTop Analyst Upgrades and Downgrades: Amazon, Anthem, Constellation Brands,...
Stocks were indicated to open higher on Monday after a choppy prior week. Investors have seen less upside when they have bought the market pullbacks than in prior years, and investors need to be...
View ArticleOverstock Blockchain Dividend Is Now Set, and It’s All Up to You
Overstock.com Inc. (NASDAQ: OSTK) has declared a dividend payable in shares of its Digital Voting Series A-1 Preferred Stock. As the dividend will be payable at a ratio of 1:10, one share of Series A-1...
View ArticleClik here to view.
Top Analyst Upgrades and Downgrades: Alibaba, Applied, aTyr, Baidu, BP,...
Stocks were indicated to open higher on Monday, as the S&P 500 is close to its all-time highs again. Many investors feel as though they missed the ride higher, as the recession forced many out of...
View ArticleClik here to view.
Top Analyst Upgrades and Downgrades: Akebia, Broadcom, DocuSign, Lululemon,...
The S&P 500 had been setting new all-time highs, but Thursday saw a massive selling wave on profit-taking and on stretched valuation in the market’s darlings. Friday’s unemployment falling to 8.4%...
View ArticleClik here to view.
The 8 Most Wildly Successful IPOs of 2002
The year 2002 was one of the slower ones for initial public offerings. There were 75 IPOs, with an average deal amount near $340 million. Some of the most notable IPOs that year included Dick’s...
View Article
