Indian benchmark indices closed marginally higher on Tuesday, paring early gains after opening nearly 1% up. Strength in HDFC Bank and IT stocks was offset by losses in Reliance Industries, ICICI Bank, and M&M. Led by losses in heavyweight stocks like Reliance and ICICI Bank, the benchmark Sensex dropped 724 points from the day’s high….
The projected fair value for Acadia Healthcare Company is US$56.84 based on 2 Stage Free Cash Flow to Equity Acadia Healthcare Company is estimated to be 48% undervalued based on current share price of US$29.43 Our fair value estimate is 15% higher than Acadia Healthcare Company’s analyst price target of US$49.46 How far off is…
Elon Musk’s net worth has tumbled by $102 billion this year due to a plunge in Tesla stock. The Tesla and SpaceX CEO’s wealth has dropped about 24% to $330 billion. Tesla stock has been hit by sales declines, political aversion to Musk, and distraction concerns. Elon Musk’s net worth has tumbled by $102 billion…
New World Development (NWD) on Saturday recorded a sell-out at its State Pavilia project in North Point, as “enthusiastic” Hong Kong homebuyers brushed aside the raised prices of the batch of units offered this weekend. As of 6.22pm, NWD – controlled by the family of chairman Henry Cheng Kar-shun – sold out all of the…
Air New Zealand Limited (NZSE:AIR), is not the largest company out there, but it received a lot of attention from a substantial price increase on the NZSE over the last few months. The company is now trading at yearly-high levels following the recent surge in its share price. With many analysts covering the stock, we…
We think intelligent long term investing is the way to go. But along the way some stocks are going to perform badly. For example, after five long years the Churchill China plc (LON:CHH) share price is a whole 57% lower. That is extremely sub-optimal, to say the least. We also note that the stock has…
A look at the day ahead in U.S. and global markets from Mike Dolan There’s not too much to worry about at the world’s most valuable company – or the artificial intelligence theme – but just conceding that triple-digit growth can’t last forever has been enough to stall Nvidia’s share price and dampen global tech…
Whether you want to retire early, work less, or just have extra money to fund a vacation, dividend stocks can provide you with the cash flow to help you achieve your goals. The key is to find high-yielding stocks that aren’t too risky to ensure you aren’t setting yourself up for disappointment later on. Three…
Attention is set to turn to electric carmaker Tesla with its highly-anticipated robotaxi event having been rescheduled to take place on Thursday. Before that, markets will be looking to see if PepsiCo can improve on the mixed bag of quarterly results it delivered in the summer. Meanwhile, investors will want to see if Delta Air…
The stock market has posted strong performance in 2024, with the S&P 500 index climbing roughly 20% across that stretch. On the other hand, not every company included in the benchmark index has been a big winner this year. Following recent pullbacks, some promising S&P 500 companies have been pushed down to attractive valuations. And…