MidEast Stocks Narrowly Mixed In Low Volume as Many Markets Close for Holiday

MidEast Stocks Narrowly Mixed In Low Volume as Many Markets Close for Holiday
Middle East shares were narrowly mixed but volume was low with markets in the United Arab Emirates, Kuwait and Egypt closed for public holidays. Saudi Arabia’s index firmed with investors hopeful the country’s anti-corruption crackdown is fading. A Reuters poll of leading Middle East fund managers were on balance positive about the country and almost half plan to raise their... Read More

What to Expect From Verizon Communications Inc. in 2018

What to Expect From Verizon Communications Inc. in 2018
Verizon ‘s (NYSE: VZ) stock dropped 9% this year, underperforming the S&P 500’s 17% gain by a wide margin. The telecom giant struggled with earnings misses, its first-ever decline in core wireless subscribers, free cash flow issues, and a murky outlook for its $4.5 billion acquisition of Yahoo’s internet business. That’s why analysts expect Verizon’s revenue and earnings to respectively dip... Read More

4 Compelling Low-Beta Tech Stocks in the Market Right Now

4 Compelling Low-Beta Tech Stocks in the Market Right Now
Currently, stock markets are flying high, courtesy of a favorable GDP growth rate, rising disposable income, an improving labor market with unemployment rate at a 16-year low, rise in economic activity post hurricanes and a low inflation rate. All these have considerably boosted consumer sentiment, which hit a 17-year high in November. Since the market is on an upward trajectory,... Read More