Amgen Stock Price Remains Rangebound, Dividend Growth is Questionable

Siraj Sarwar

Amgen (NASDAQ: AMGN) stock price remains rangebound over the last two years. The stock price continues to trade around $200 level. Amgen shares have hit 52-weeks high $212 last month. Amgen stock price tumbled amid increasing competition and soft financial performance. The company’s revenue and earnings remain unstable in the past couple of years. This…

Tesla Acquires Hibar Systems To Bolster Its ‘Secret Battery Lab’

Justinas Baltrusaitis

Tesla Inc. (NASDAQ: TSLA) decided to expand into the Canadian market purchasing the battery manufacturing company Hibar Systems Ltd. Reports show the whole purchase procedure took place between July and October. A “Million-mile Battery” The main reason behind the recent acquisition is related to the intention of enhancing its battery manufacturing efforts and improve its…

Disney Stock Price Is Offering an Entry Point Ahead of Big Rally

Siraj Sarwar

Disney (NYSE: DIS) stock price plunged after hitting 52-weeks high of $147. The shares are currently hovering around $130, down more than 10% from 52-weeks high. It’s stock price has limited downside potential amid strong future fundamentals. The stock is also trading at attractive valuations. Its shares are trading around 17 times to earnings compared…

PayPal Stock Price Is Under Pressure; Upside is Limited

Siraj Sarwar

After rallying significantly during the first half, PayPal (NASDAQ: PYPL) stock price slid sharply in the last two months. The stock is down more than 12% from 52 weeks high of $122. The stock is currently hovering close to $100, up 19% year to date. Traders’ concerns over declining revenue support the bearish trend in…

Facebook Claims Over 1,500 Entities Are Waiting To Participate On Libra

Justinas Baltrusaitis

Despite PayPal’s decision to leave the Libra Association, there are more than 1,500 entities ready to participate in the new association behind the Libra digital currency. This is according to a recent announcement made by Libra on Twitter a few hours ago. 1,500 Entities Ready To Participate On Libra On Friday, the popular payments processor…

Lululemon Stock Price Is Running to a New All-Time High

Siraj Sarwar

Lululemon (NASDAQ: LULU) stock price rallied more than 50% this year, extending the three-year upside momentum to 220%. The shares have breached $200 mark at the beginning of last month and notched an all-time high of $204 a share. The stock price is currently trading slightly below $200 level. Fortunately, its stock is likely to…

apple stock

Apple Increases Production Of iPhone 11 By 8 Million Units

Justinas Baltrusaitis

Apple (NASDAQ: AAPL) will be producing 8 million more units of its recently launched iPhone 11. This is according to a recent report released by Nikkei Asian Review in which they inform Apple told suppliers it needs a production increase of 10%. Apple To Produce More iPhones The recognized phone manufacturer Apple will be producing…

Costco Stock Price Is Set Hit $300 Mark Again

Siraj Sarwar

Costco (NASDAQ: COST) stock price soared sharply over the last couple of years. The shares jumped 40% since the start of this year, extending the three-year rally to 90%. The upside momentum has received support from improving financial numbers along with aggressive growth strategies. Its financial results for the fourth quarter and fiscal 2019 highlights…