U.S. Payrolls Add 216,000 Jobs In March
Unemployment dips to 8.8%.
Steve Schaefer, Forbes Staff
Unemployment dips to 8.8%.
Steve Schaefer, Forbes Staff
Steve Schaefer, Forbes Staff
Todd Ganos, Contributor
Agustino Fontevecchia, Forbes Staff
Ford Motors announced sales for March, beating fellow Detroiter GM with 212,777 vehicle deliveries, up 19% from the same period a year ago. The company saw increased demand for smaller, fuel efficient vehicles and managed to beat GM in sales for the second time since 1998, according to CNBC. read »
Update: ISM Survey shows U.S. manufacturing continued to expand in March. read »
One week before news broke that David Sokol was leaving Berkshire Hathaway under the taint of some fishy smelling Lubrizol trades ahead of Berkshire's acquisition, long-time Forbes columnist and money-manager extraordinaire Martin Sosnoff sent me a column called, "Deals Are Buffett's Fountain of Youth." Talk about prescience. read »
Wall Street veteran and Joseph Gunnar’s chief market analyst and equity strategist Clark Yingst gave Forbes a few investment ideas for these turbulent times targeting Japan, the end of QE2, the financial sector, and some tech stocks. Yingst, who champions a mix of technical analysis with strong fundamentals, reminds investors to keep their eyes open for opportunities and to not marry any single model. read »
Clayton Williams Energy, Inc. (CWEI - Snapshot Report) continues to trade like a rock star, currently pressuring its multi-year high as crude and natural gas stay bullish. With estimates surging and a compelling valuation, this energy stock is a momentum powerhouse. read »
The global growth story is not slowing if the chemical companies are any indication. Kraton Performance Polymers (KRA -Snapshot Report) saw sales volume rise 10% in the fourth quarter of 2010 and expects the growth story to continue in 2011. This Zacks #1 Rank (strong buy) is still cheap, trading at just 11 times forward estimates. read »
Tech Data (TECD - Analyst Report) has pleased investors with yet another earnings surprise since being featured as a Zacks Rank Buy in late 2010. read »
The NASDAQ, S&P 500, and the Dow Jones Industrial Average were all higher for the week. Crude oil futures were higher as well, with crude trading around $107.95 per barrel late Friday. Gold futures were little changed for the week, settling around $1428 an ounce late Friday. read »
As the economy continues to improve, there has been some concern that value-oriented retailers like The TJX Companies, Inc. (TJX - Analyst Report) will lose business as consumers "trade up" to their full priced competitors. read »
With the stock rally now going on 2 years (and counting), investors are finally returning to riskier assets. Calamos Asset Management (CLMS - Snapshot Report) saw assets under management climb 8% in 2010 compared to 2009. This Zacks #1 Rank (strong buy) also has attractive valuations, with a price-to-book ratio of 1.0. read »
