AMN Healthcare Services provides workforce and staffing solutions to healthcare facilities in the U.S. The company is relatively small with a market capitalization of less than $4 billion. However, small companies can make for excellent returns if one happens to identify the winners. And indeed, between late-2011 and early-2020, AMN stock from under $4 to…
Zoetis Stock Getting Ahead of Itself, Invites Correction
Based in Parsippany, NJ, Zoetis Inc. is an animal medicine and vaccine developer and manufacturer. The company went public in 2013 and has been enjoying steady growth since. With the stock currently above $160 a share, Zoetis holds a market cap of nearly $80 billion. For a profitable and growing company like Zoetis, a rising…
CBOE Stock Looking Good After a Record Year
CBOE Global Markets Inc. is an equities, options and futures exchange operator in the U.S. and Europe. The company traces its roots back to Chicago in 1973, when it practically invented options trading in its present form. CBOE is literally part of the very infrastructure of modern financial markets. So it is not surprising that…
Novo Nordisk Bulls Have an Elliott Wave Problem
Novo Nordisk A/S is a Danish pharmaceuticals major with a market cap of over $160 billion. People need their medication even in recessions, so the company’s business wasn’t as affected by the 2020 crisis as most other industries. Novo Nordisk remains a top-notch pharma with consistent profits and revenue and no debt whatsoever. And the…
Lockheed ‘s Correction Still Unfolding as Expected
Almost a year and a half ago, in July 2019, we wrote that Lockheed Martin is likely “setting the stage for an unpleasant surprise.” The stock had just reached a new all-time high and was trading at $370 a share. Optimism was in the air and analysts were more bullish than ever. An indeed, fundamentally,…
Campari Bulls to Get a Serious Hangover Soon
Campari is an Italian liquor and spirits maker with traditions dating back to 1860. The company’s stock price plunged sharply in March along with the markets in general and then recovered just as quickly to new records by year-end. As shares hover near all-time highs, however, dark clouds appear to be gathering over the spirits…
Experian to Drop 35% Before Uptrend Can Resume
Like most technology firms, Experian adapted to the new work-from-home environment relatively quickly. The Irish data and analytics company even managed to grow its revenue in 2020, even though its EPS didn’t change much from 2019. After the initial coronavirus selloff in March, the stock swiftly recovered, as well. EXPN.L is currently hovering around 2900…
Intertek Cannot Assure the Quality of its Stock Returns
Today, we are going to examine the stock of another European company. Intertek is a leading total quality assurance provider. Basically, other companies pay Intertek to test and guarantee the quality of their products and services. The company traces its roots back to 1888 and went public in 2002. It trades on the London Stock…
Geberit to Flush 40% of Gains Down the Drain
Geberit Group is one of the largest sanitary technology and bathroom ceramics providers in the world. Headquartered in Switzerland, the company operates through the Bathroom, Piping, Installation and Flushing Systems segments. Founded in 1874, its stock trades on the SIX Swiss Exchange under the symbol GEBN. Less than two years after its early-2000 IPO, the…
NZX 50 Index On the Verge of a 40% Elliott Wave Drop
NZX 50 is New Zealand’s benchmark stock market index. It was created in 2003 and includes the 50 largest companies in the country. We stumbled on it while researching one of its components – The a2 Milk Company – but that’s another story. NZX 50 climbed to almost 13 000 earlier this month, up 58%…
Pandora Stock Shining Bright Again Despite Pandemic
We last wrote about Pandora A/S in late-July, 2019. The stock was hovering around DKK 260 after a long and painful decline from over DKK 1000 in 2016. But business-wise, the Danish jewelry-maker was taking the right steps to fix things and straighten the ship. Program NOW was initiated in 2019 to cut costs and…
Honeywell Stock is a Temptation to Resist
Honeywell is a multinational conglomerate specializing in industrial software in the aerospace, home and building, performance materials, safety and productivity solutions technologies segments. The company has been around for over a century. It is a component of the S&P 500 index and just rejoined the DJIA earlier this year. HON has a market cap of…
Nifty 50 Index Can Severely Injure the Bulls in 2021
The U.S. S&P 500 index is up 67.6% since its March low. The Indian Nifty 50 did even better than that. The benchmark index of the second most populous country has climbed 79.4% from its 7511 bottom nine months ago. It currently trades slightly below 13 500, not far from its recent all-time high of…
Equinix Stock Seems to Have Finally Topped
Few stocks have rewarded investors more generously since the dot-com crash than Equinix. As the world’s largest data center provider, the company holds the keys to the essential infrastructure making the ongoing technological revolution possible. In times when data are the most valuable commodity, EQIX offers a place for everyone to store theirs. As a…
EURUSD Surges 570 Pips After Fibonacci Encounter
EURUSD is trading at levels last seen in April 2018, when it was on its way down to 1.0636 by March 2020. The pair is now approaching 1.2200, up 14.5% since the COVID-19 selloff nine months ago. But trends don’t move in a straight line. Two months ago, we showed you how Elliott Wave analysis…
