Tag: Yahoo Finance

All Bets Are Off for Amarin Stock

What's next for Amarin (NASDAQ:AMRN) stock? After the Food and Drug Administration (FDA) expanded the label for its flagship Vascepa drug, Amarin stock could rally tremendously in the coming years. Even before the FDA ruling, Vascepa's sales were surging fast. Analysts, on average, predict that Vascepa generated between $410 million and $425 million of sales in 2019. That's an 85% jump versus 2018!Sales of Vascepa are also set to climb this year, thanks to the expanded label. According to SVB Leerink's Ami Fadia, Vascepa could reach peak sales of $4 billion-plus a year. Source: Pavel Kapysh / Shutterstock.com But since December, the AMRN stock price has dipped from its 52-week high. The shares peaked at $26.12 on Dec. 16, but now trade under $20 per share. Why are investors cashing out, even though Vascepa is poised to become a blockbuster drug?InvestorPlace - Stock Market News, Stock Advice & Trading TipsSome remain...

2019 shatters music streaming records

According to Nielsen Music, 2019 was a record-breaking year for music streaming as music streams in the U.S. were up 30% topping one trillion. Streaming services now account for 82% of music consumption in the U.S. Yahoo Finance’s On the Move panel breaks it down....

3 stocks to buy right now: Strategist

Ralph Bassett, head of North American equities at Aberdeen Standard Investments, is bullish on Schwab, Kansas City Southern and Five9. He talks to Yahoo Finance’s Alexis Christoforous and Brian Sozzi, and Invesco Global Chief Market Strategist Kristina Hooper, about his picks....

Risks for Roku Could Be Blessings in Disguise

Love it or hate it, and people certainly do both, Roku (NASDAQ:ROKU) stock is a growth name that comes with a related risk/reward profile. That much was on display last year when shares of the streaming entertainment hardware maker more than tripled in value.Source: AhmadDanialZulhilmi / Shutterstock.com Of course, when a company is flying high in a rapidly growing industry, it's sure to draw competition, and markets will price in the competent threats when valid. The latest concern on that front, playing a big part in ROKU stock's 8% decline over the past month, is news that Amazon's (NASDAQ:AMZN) Fire TV streaming device has topped 40 million users, well ahead of Roku's 32.3 million.The other recent drag on ROKU stock was last month's news that long-time Chief Financial Officer Steve Louden is departing. Louden has held that position with the company since October 2015 and Wall Street loves c-suite consistency.InvestorPlace -...