AT&T’s stock (T) has gained nearly 24% in October after the company announced its Q3 earnings. The company surpassed expectations in subscriber growth, and beat both EPS and revenue. The surge of users switching from Verizon (VZ) after they raised their prices helped AT&T gain back market share and investors love what they’re seeing. At a price of less than $20, AT&T is a great dividend stock as it offers a quarterly dividend of $.277 and could boost it if their bottom line continues to improve. Their marketing team has recently done advertisements with superstars such as Lebron James, which is a phenomenal move to add credibility to the company. For now AT&T has ran its short term course into...
BABA Analysis done on five minute and daily candles. Major indexes are facing correction fears, but BABA is way ahead of the charts considering the decline it has had the last quarter. American investors are already skeptical of investing in Chinese companies due to a history of business misconduct and improper earning reports, and now with government regulation striking down; we’re seeing the impact. BABA in itself is a great company, and their earnings prove they have a strong future, but we’ve been getting warnings from the SEC about investing in Chinese listed companies, making it a high risk investment long term. Now with Evergrande’s new default potential, stocks in the Chinese listed sector are likely to hurt even more....
LEN Analysis done on daily candles. Shares of Lennar declined following their third quarter earnings report post market. The company’s numbers were strong and met analyst expectations, with revenue up to 18% YoY to $6.9 billion. Net earnings per shares was also up 100% YoY, setting the company on track to have more cash at hand to repurchase 2.5 million shares. Despite the impressive earnings, the stock still declined post market due to reports of a supply chain constraint, which is ravishing many industries’ guidance for the next quarter. Looking at their history, the company had a massive year as home buying reached all time highs, but they need a period of consolidation before taking off again. Construction and home building...
