Revenue reports by Cree and Best Buy

$BBY – Best Buy, Inc – Last closed at – $25.85 – Bearish (Short term) Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States and internationally. Its stores offer a wide range of products from televisions & car stereos to snacks and beverages, notebooks and desktop computers to kitchen and bath fixtures. Shares of Best Buy dropped 9.7% on Jan 14,
Market Blog

GoPro and CVS Health – a good bet for short term say analysts

$GPRO- GoPro Inc last closed at 14.60- Bullish (medium term) GoPro is one of the leading action camera manufacturer. GoPro’s stock has been trading 4.33% lower on the days’ trade, ending with the closing price of $14.60 after touching a day’s high of $15.70. The rates had fallen after an ongoing investigation of claims against the action camera manufacturer and its officers in violating security laws by misleading information to
Market Blog

Bluebird Bio and Under Armour may see a positive sentiment in the long run

UA – Under Armour, Inc - last closed at $69.96 – Bullish (Long term) Under Armour, a sportswear giant’s stocks fell about 11% yesterday, with the news of Morgan Stanley Downgrading the stock to “Sell”. Jay Sole, an analyst at Morgan Stanley, cut its stock price target for UA from $103 to $62. According to Jay Sole, the UA has changed its pricing, and marketing strategy. “UA has always competed
Market Blog

Alcoa and Bristol-Myers may have bullish market sentiments

$AA - Alcoa,Inc - last closed at $8.06 – Bullish (long term) Alcoa, Inc is a lightweight metals manufacturing company. Its products, which include aluminum, titanium and nickel, are used in aircraft, automobiles, commercial transportation, packaging, building and construction, oil and gas, defence, consumer electronics, and industrial applications across the world. The Company operates in four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions. Post today’s