Source: PaxForex Premium Analytics Portal, Fundamental Insight While VZ stock has consistently lagged behind the S&P 500, the stock still attracts income-oriented investors. However, if 5G wireless services resume its earnings and revenue growth, VZ stock could have much more appeal. The problem is that Verizon Communications needs more radio spectrum to ramp up consumer and enterprise 5G wireless services. Verizon's stock has been sidelined lately because of concerns about how much it would spend on a government tender for 5G...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Swiss Manufacturing PMI for February is predicted at 60.0. Forex traders can compare this to the Swiss Manufacturing PMI for January, reported at 59.4. The Spanish Markit Manufacturing PMI for February is predicted at 52.0. Forex traders can compare this to the Spanish Markit Manufacturing PMI for January, reported at 49.3. The Italian Markit/ADACI Manufacturing PMI for February is predicted at 57.0. Forex traders can compare this to the Italian Markit/ADACI Manufacturing...
Source: PaxForex Premium Analytics Portal, Fundamental Insight In early February, Pfizer stock suffered a setback as a result of a disappointing fourth-quarter report, even though the company had called for $15 billion in sales for a coronavirus vaccine throughout the year. This followed disappointing news regarding Pfizer's arthritis drug Xeljanz. In a pivotal study, Xeljanz failed to stand up to a competing drug. But Pfizer shares won when the company said its Covid vaccine, developed in collaboration with BioNTech, could repel...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Singapore Bank Lending for January was reported at S$683.6 billion. Forex traders can compare this to Singapore Bank Lending for December, reported at S$678.7 billion. Singapore Industrial Production for January increased by 4.6% monthly and by 8.6% annualized. Economists predicted an increase of 5.5% and 5.7%. Forex traders can compare this to Singapore Industrial Production for December, which increased by 1.4% monthly and 16.2% annualized. US Personal Income for January is...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Many investors often avoid the biggest players in the market because they think these companies are so obvious that they cannot be undervalued. But one tech giant has likely been hiding in plain sight: Alphabet. While the overall market may seem overvalued at the moment, there are several reasons why the advertising giant is not. First, there's the Google cloud. It is becoming an important source of revenue and growth for the company. Although Amazon and Microsoft dominate...