Disney's earnings sell-off opens the door to buy back stock we sold higher

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 16 min. at publisher
  • 📊 Quality Score:
  • News: 62%
  • Publisher: 72%

Morgan Stanley Nouvelles

Palo Alto Networks Inc,NASDAQ Composite,Dow Jones Industrial Average

The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Tuesday's key moments. U.S. stocks were mixed Tuesday after a solid rally Monday, which extended Wall Street's post-jobs report rally. The S & P 500 and blue-chip Dow were higher, while the Nasdaq Composite was flat. Government bond yields trended lower.

Barclays analysts on Tuesday issued an upbeat call on Palo Alto Networks , contending the cybersecurity company's earnings report later this month may "start the process of rebuilding confidence" with investors. That trust had been shaken by Palo Alto's brutal report in February, which caused a steep sell-off in the stock. We've bought twice since then, first in late February at about $299 per share and, most recently, on April 8 at roughly $268 per share.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

3 Underpriced Stocks to Buy in MayStocks Analysis by Investing.com (Jesse Cohen) covering: Walt Disney Company, Salesforce Inc, Okta Inc. Read Investing.com (Jesse Cohen)'s latest article on Investing.com
La source: Investingcom - 🏆 450. / 53 Lire la suite »

What we're looking for when Disney posts quarterly earnings on Tuesday morningThe Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Jim Cramer's Friday thoughts on 5 stocks: Cloudflare, DraftKings, Expedia, Booking and HersheyJim Cramer looks at stocks in the news of companies outside the CNBC Investing Club portfolio.
La source: CNBC - 🏆 12. / 72 Lire la suite »

We're buying 2 unfairly punished stocks and 1 on an analyst callThe Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
La source: CNBC - 🏆 12. / 72 Lire la suite »