The surge in oil prices couldn’t have come at a worse time for India.
Asia’s No. 3 economy faces a wider trade deficit, a worsening of stretched government finances, and slower economic growth if oil prices remain stubborn at the current level. That would challenge policy makers trying to strengthen the economy in time for elections next year.
“Higher global crude oil prices are net negative for the Indian economy in almost all aspects,” said Kaushik Das, chief economist at Deutsche Bank AG in Mumbai. He estimates that Brent crude at $75 a barrel could lower his growth estimate for India to about 7.3 percent from 7.5 percent for the year through March 2019.
Inflation RiskIndia’s central bank estimates oil at $78 a barrel would shave off 10 basis points from its 7.4 percent forecast for gross domestic product. Moreover, it expects costly crude could stoke inflation by 30 basis points, underpinning expectations that monetary policy will turn more hawkish.
Best Growth Stocks To Own For 2019: Nordstrom Inc.(JWN)
Advisors' Opinion:- [By Adam Levine-Weinberg]
It's been more than five years since upscale retailer Nordstrom (NYSE:JWN) first announced its plans to open a flagship store in Manhattan. While Nordstrom has several full-line stores in the New York metro area, this was to be its first one in New York City proper. Moreover, Nordstrom executives were determined to make it the company's best store -- and indeed, one of the best stores of any kind in the world.
- [By Adam Levine-Weinberg]
While the Hudson's Bay balance sheet is in better shape now, its underlying operations are far from healthy. First, Lord & Taylor's struggles go far beyond the flagship store that closed last month. The chain has experienced steady erosion of its customer base over the past few decades and has been unable to keep up with trendier rivals like Nordstrom (NYSE:JWN).
- [By Garrett Baldwin]
And with just a few smart plays in today's classic stock picker's market, you can pull in triple-digit gains with just a small investment.
The Top Stock Market Stories for Friday The Lira slumped 6% on news that the Trump administration is willing to increase economic sanctions on the embattled country unless it releases Andrew Brunson, an American evangelical pastor who has been detained. Markets spent most of Thursday cheering trade developments between U.S. and China, largely ignoring this ongoing drama. However, it's important to remember that Turkey's currency crisis may be a tremendous profit opportunity. Here's what you need to know. Semiconductor shares fell this morning as investors worried that the two-year surge in chip companies could be losing steam. Shares of Applied Materials (Nasdaq: AMAT) fell more than 5% after the world's largest semiconductor company fell short of quarterly expectations and issued a rather unimpressive outlook. The news pulled down shares of Micron Technology (Nasdaq: MU) and Intel Corporation (NYSE: INTU). Three Stocks to Watch Today: DE, NVDA, JWN A light day of earnings reports features just Deere & Company (NYSE: DE). The agricultural machinery giant will attempt to keep momentum going despite the ongoing slump in farm incomes around the country. With soybean and corn prices moving lower, many farmers might now be able to purchase "new paint" – also known as new machinery. This factor could impact the company's forward guidance. Shares of NVIDIA Corporation (Nasdaq: NVDA) were off 2.5% after the firm reported quarterly earnings after the bell Thursday. The firm topped Wall Street earnings expectations by 10 cents with a $1.76 figure. However, the firm reduced its current quarter guidance due to falling demand in the cryptocurrency industry. Shares of Nordstrom Inc. (NYSE: JWN) popped more than 7% after the firm reported stronger than expected same-story growth and positive earnings expectation. The firm r - [By JJ Kinahan]
DE was the second company to disappoint the Street since yesterday’s closing bell. Retailer Nordstrom, Inc. (NYSE: JWN) beat Wall Street analysts’ earnings per share estimates and raised guidance, but missed on same-store sales. That key metric barely rose (up 0.2 percent), and shares of JWN tumbled more than 6 percent in pre-market futures trading. The same-store weakness for JWN came after a bunch of other retailers reported growth in that area.
Best Growth Stocks To Own For 2019: Intuitive Surgical Inc.(ISRG)
Advisors' Opinion:- [By Todd Campbell, Chris Neiger, and Sean Williams]
There are thousands of stocks investors can buy, so deciding which make the most sense to own in long-term portfolios, such as retirement accounts, can be tough. Economies can rise and fall, and competitors can disrupt business models, but our three Motley Fool contributors think Illumina (NASDAQ:ILMN), Intuitive Surgical (NASDAQ:ISRG), and Amazon (NASDAQ:AMZN) have what it takes to reward investors over the long haul. Read on to see what separates these stocks from the countless others that you could stash away for 20 years or more.
- [By George Budwell]
The big deal here is that investors are hoping TransEnterix can eventually transform into the next Intuitive Surgical (NASDAQ:ISRG), a company that has so far generated returns on capital for early shareholders in excess of 8,500%. Before doing so, however, TransEnterix has a long way to go. Intuitive's market-leading da Vinci system, after all, remains the gold standard in robotic surgery, evidenced by the fact that the company sold a whopping 220 systems in the second quarter of this year alone.
- [By Keith Speights]
The No. 2 best-performing healthcare stock of the 21st century so far is Intuitive Surgical (NASDAQ:ISRG), which has generated a return of more than 9,800% since Jan. 1, 2001. Intuitive Surgical was the first company to pioneer robotic surgical systems. The company's da Vinci robotic surgical systems were installed at over 4,400 customer sites as of the end of 2017.
- [By Anders Bylund, Leo Sun, and Demitrios Kalogeropoulos]
Read on to see why you should forget about bitcoin and Ethereum in favor of Taiwan Semiconductor (NYSE:TSM), eBay (NASDAQ:EBAY), and Intuitive Surgical (NASDAQ:ISRG) -- at least when it comes to serious investments for the long term.
- [By Keith Speights]
At first glance, Intuitive Surgical (NASDAQ:ISRG) and Johnson & Johnson (NYSE:JNJ) might seem to have little in common other than they both sell medical instruments. However, Johnson & Johnson could eventually compete against Intuitive Surgical in the surgical robotics market thanks to its Verb Surgical joint venture with Alphabet's Verily Life Sciences.
- [By Brian Feroldi]
TransEnterix (NYSEMKT:TRXC) recently surprised investors on the upside when it reported its first-quarter results. The company's Senhance surgical system is off to a fast start right out of the gate, and it has attracted a lot of positive attention from the medical community. This just goes to show how much demand is out there for an alternative to Intuitive Surgical's (NASDAQ: ISRG) dominant da Vinci platform.
Best Growth Stocks To Own For 2019: MEDIFAST INC(MED)
Advisors' Opinion:- [By Max Byerly]
MediBloc (CURRENCY:MED) traded 0.2% lower against the U.S. dollar during the twenty-four hour period ending at 16:00 PM Eastern on June 7th. MediBloc has a total market cap of $37.92 million and $586,074.00 worth of MediBloc was traded on exchanges in the last 24 hours. Over the last week, MediBloc has traded down 36% against the U.S. dollar. One MediBloc token can now be purchased for $0.0128 or 0.00000166 BTC on major exchanges including Coinrail, Bibox and Gate.io.
- [By Ethan Ryder]
MediBloc [MED] (CURRENCY:MED) traded down 11.7% against the U.S. dollar during the 1 day period ending at 21:00 PM Eastern on September 2nd. One MediBloc [MED] token can now be bought for approximately $0.0066 or 0.00000100 BTC on popular cryptocurrency exchanges including Coinrail, Bibox and Gate.io. During the last week, MediBloc [MED] has traded down 27.6% against the U.S. dollar. MediBloc [MED] has a total market cap of $19.63 million and approximately $281,103.00 worth of MediBloc [MED] was traded on exchanges in the last 24 hours.
- [By Lisa Levin]
Medifast, Inc. (NYSE: MED) shares were also up, gaining 20 percent to $119 after the company reported strong Q1 results and raised its FY18 guidance.
- [By Max Byerly]
MediBloc [QRC20] (MED) is a proof-of-work (PoW) token that uses the HybridScryptHash256 hashing algorithm. It was first traded on January 3rd, 2014. MediBloc [QRC20]’s total supply is 4,097,545,844 tokens and its circulating supply is 2,966,384,100 tokens. The official website for MediBloc [QRC20] is medibloc.org/en. MediBloc [QRC20]’s official Twitter account is @MEDDevTeam. The Reddit community for MediBloc [QRC20] is /r/MediBloc and the currency’s Github account can be viewed here. MediBloc [QRC20]’s official message board is medium.com/@MediBloc.
- [By Joseph Griffin]
MediBloc (CURRENCY:MED) traded 6.8% lower against the dollar during the 1-day period ending at 15:00 PM Eastern on May 27th. MediBloc has a total market cap of $73.40 million and $743,880.00 worth of MediBloc was traded on exchanges in the last 24 hours. One MediBloc token can currently be purchased for approximately $0.0247 or 0.00000339 BTC on major cryptocurrency exchanges including Bibox, Gate.io and Coinrail. During the last seven days, MediBloc has traded 8.3% higher against the dollar.
Best Growth Stocks To Own For 2019: Buffalo Wild Wings Inc.(BWLD)
Advisors' Opinion:- [By Peter Graham]
A long term performance chart shows Dave & Busters Entertainment tripling in value before falling back while small cap upscale gentlemen's clubs and restaurant owner RCI Hospitality Holdings, Inc (NASDAQ: RICK) began taking off in 2016 and small cap Buffalo Wild Wings (NASDAQ: BWLD) is being acquired by Arby's Restaurant Group:
- [By Steve Symington]
That's not to say it was a quiet day for every stock on the market. With earnings season ramping up, brewing giant Anheuser-Busch InBev (NYSE:BUD) and restaurant chain Buffalo Wild Wings (NASDAQ:BWLD) served as an exercise in contrast as investors reacted to their respective quarterly reports.
No comments:
Post a Comment