Category: Trucking News

7 Semiconductor Stocks to Buy for Your Inner Geek

[Editor's note: "7 Semiconductor Stocks to Buy for Your Inner Geek" was previously published in July 2019. It has since been updated to include the most relevant information available.]Last year saw chip stocks swoon. There was the beginning of the trade war with China and all the unknowns it brought about.Remember, the one thing the market hates more than anything is uncertainty. And living with the uncertainty of how this powerful industry was going to navigate an all-out - or even partial - trade war was on everyone's mind.InvestorPlace - Stock Market News, Stock Advice & Trading TipsGlobal economies haven't been expanding as quickly as hoped, so spending has slowed. And that meant semiconductor stocks may well be starting their downward cycle.Smaller firms were spared initially, as the big semi firms took the brunt of it. But then the sector suffered. * 7 Stocks to Sell Before They Roll Over This...

Rupee Declines Most in Asia as Moody’s Cuts India Rating Outlook

(Bloomberg) -- India’s rupee declined the most in Asia and sovereign bonds dropped after Moody’s Investors Services lowered the nation’s rating outlook to negative citing growth concerns.The reduction comes at a time when investors have been skeptical about the government meeting its budget targets amid a slowdown in tax revenues and September’s surprise $20 billion tax giveaway for companies.The rupee fell as much as 0.5% to the weakest in three weeks and stocks gave up their early resilience to Moody’s warning in the red in the final hour of the session, thanks to profit-booking after the benchmark index’s recent record closing spree.A change in the rating outlook is the first step toward a downgrade, the action is no reason to exit the nation’s assets, economists and analysts said. Moody’s confirmed what is well known in the markets, and investors saw the move as a catch up, rather than a warning on...

Aurora Cannabis Stock Will Be Boosted by ACB’s Retail Expansion

Even though Aurora Cannabis (NYSE:ACB) stock has fallen throughout 2019, the company still has a market capitalization of around $3.5 billion. But as marijuana stocks are undergoing a major correction with no end in sight, why should investors still consider buying or holding ACB stock?Source: ElRoi / Shutterstock.com Strong Results From a CompetitorOn Oct. 15, Aphria (NYSE:APHA), whose market cap is one-third that of Aurora, reported that its revenue had soared 800% year-over-year to C$126.1 million. Its net income fell 23% to C$16.4 million. Still, Aphria's fiscal 2020 revenue guidance of C$650 million to C$700 million should make investors more optimistic about marijuana stocks.In Aurora's Q4 results, unveiled in September the company reported that its revenue had quadrupled YoY to $C74.98 million. Aurora enjoys leading market share and brand awareness in the Canadian consumer market. Its production increased, and Aurora expects the expansion of its retail infrastructure to enable its revenue...