This morning Aconex Ltd [ASX:ACX], a billion-dollar construction software company, jumped up 44%. What caused the share price rise?
The promise of tax cuts and its impact on company earnings continues to drive US stocks relentlessly higher. While that’s well known, the question to ask is whether the tax cuts are already priced in. Are investors now being too optimistic about the impact of lower tax rates on company earnings?
When thinking about your longer-term strategy, the first question you should ask is, are we in a bull or bear market? At the start of the year, I was pretty confident we were in an ongoing bull market. Now I’m not so sure.
Caterpillar [NYSE:CAT] shares are up 55% for the year. Being so big, and having operations so wide, it’s the perfect bellwether stock to see how the global economy is ticking over.
Whether you are making money in booming property or booming crypto, there’s no great lure to get back into speculative miners. But maybe that’s a signal to start looking here? While everyone’s looking at the current hot sectors, the best opportunities usually lie the other way.
With a market cap of over $5 billion, A2M is one of the largest listed infant formula and milk companies. Could smaller competitor Wattle Health Australia Ltd [ASX:WHA] experience the same success?
The market is an emotional beast of a thing. What’s the secret behind the success of everyone’s favourite investor, Warren Buffett? I would say his extreme rationality. Buffett has a unique ability to stay rational in highly emotional situations.
Like the dot com boom, all sorts of innovative cryptocurrencies have sprung up, or are about to. Those that smugly declare cryptocurrencies will end up in a new dot com crash miss the point. But there are certainly lessons you can glean from the dot com era.
A global agreement with Amazon is a huge deal. However, there’s a whole lot we don’t know about the agreement. For one, we don’t know the amount Amazon will pay for GetSwift’s services. There’s a lot of uncertainty surrounding the deal.
Appen Ltd [ASX:APX] has been one of the hottest stocks this year. The stock now trades for more than 43-times earnings. Could the stock climb even higher on the back of the company’s most recent acquisition?