Infosys Slumps 7% After CEO Resigns

Infosys Slumps 7% After CEO Resigns
Infosys (500209.IN) is down 7% on Friday after CEO Vishal Sikka resigned from the Indian IT company. The resignation comes amid a public spat between the board and the company’s founders over the direction of one of India’s most globally successful businesses. Mr Sikka has been appointed executive vice chairman. Founder N.R. Narayana Murthy, who earlier this year said he... Read More

Validea Peter Lynch Strategy Daily Upgrade Report – 8/18/2017

Validea Peter Lynch Strategy Daily Upgrade Report – 8/18/2017
The following are today’s upgrades for Validea’s P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets. VULCAN MATERIALS COMPANY ( VMC ) is a large-cap growth stock in the Construction – Raw Materials industry. The rating according to... Read More

European Stocks Edge Lower as Terror Attack in Spain Rattles Investors; Airline Stocks Head South

European Stocks Edge Lower as Terror Attack in Spain Rattles Investors; Airline Stocks Head South
European equity benchmarks were lower on Friday morning, after a terrorist attack in Spain left more than a dozen dead and scores injured sending shockwaves around the world and pushing tourism-related stocks, such as airline operators, lower. More than 100 people were left wounded and 13 killed when a van drove onto a popular pedestrianized thoroughfare in the heart of... Read More

Stocks Feel the Pressure and Plunge

Stocks Feel the Pressure and Plunge
The market had been holding up well this week among a number of potential problems, but it all seemed to catch up with the major indices today. Technology took a header in the session on a disappointing Cisco report, while Wal-Mart also dipped because as Surprise Trader  put it:  “some were expecting a blowout quarter instead of a good quarter”. ... Read More

Validea Kenneth Fisher Strategy Daily Upgrade Report – 8/18/2017

Validea Kenneth Fisher Strategy Daily Upgrade Report – 8/18/2017
The following are today’s upgrades for Validea’s Price/Sales Investor model based on the published strategy of Kenneth Fisher. This value strategy rewards stocks with low P/S ratios, long-term profit growth, strong free cash flow and consistent profit margins. ADTRAN, INC. ( ADTN ) is a small-cap growth stock in the Communications Equipment industry. The rating according to our strategy based... Read More

Validea Joseph Piotroski Strategy Daily Upgrade Report – 8/18/2017

Validea Joseph Piotroski Strategy Daily Upgrade Report – 8/18/2017
The following are today’s upgrades for Validea’s Book/Market Investor model based on the published strategy of Joseph Piotroski. This value-quant strategy screens for high book-to-market stocks, and then separates out financially sound firms by looking at a host of improving financial criteria. PCM INC ( PCMI ) is a small-cap value stock in the Retail (Catalog & Mail Order) industry.... Read More

Validea James P. O'Shaughnessy Strategy Daily Upgrade Report – 8/18/2017

Validea James P. O'Shaughnessy Strategy Daily Upgrade Report – 8/18/2017
The following are today’s upgrades for Validea’s Growth/Value Investor model based on the published strategy of James P. O’Shaughnessy. This two strategy approach offers a large-cap value model and a growth approach that looks for persistent earnings growth and strong relative strength. PERFORMANCE FOOD GROUP CO ( PFGC ) is a mid-cap growth stock in the Food Processing industry. The... Read More

Semiconductor Industry Outlook – August 2017

Semiconductor Industry Outlook – August 2017
The semiconductor industry is made up of 15 sub-sectors (including 4 for semiconductor equipment) within the Technology sector, which is one of the 16 broad Zacks-categorized sectors. Similar to the Technology sector, Zacks also breaks down each of the other sectors into groups such that there are a total of 264 sub-sectors or industries. These “X” industries are then grouped... Read More