Source: PaxForex Premium Analytics Portal, Fundamental Insight Pricing at about $3,300 per share makes Amazon look expensive, but you can't judge a stock by its price alone. Another way to think about buying stock is to think about how much you would have to pay to own the entire company (assuming you can do it). Amazon's current market capitalization is $1.67 trillion. That's what you would have to pay to buy all of Amazon's outstanding shares at their current price. That looks expensive, too, but it may not...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Japanese Domestic Corporate Goods Price Index for January decreased by 0.5% annualized. Economists predicted a decrease of 0.4%. Forex traders can compare this to the Japanese Domestic Corporate Goods Price Index for December, which decreased by 0.3% annualized. The German IFO Business Climate Index for February is predicted at 90.5. Forex traders can compare this to the German IFO Business Climate Index for January, reported at 90.1. The German IFO Current Assessment Index...
Source: PaxForex Premium Analytics Portal, Fundamental Insight With so much momentum in both Tesla's stock price and its core business, isn't it time for the automaker to consider splitting its stock again? It's hard to believe, but it's only been six months since Tesla surprised investors with the announcement of a 5-to-1 stock split. Despite the stock split, its price has already risen by more than half since last August. Also, it's not just the stock that has gained momentum since last summer: electric car sales have...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Preliminary US Markit Manufacturing PMI for February is predicted at 58.5, and the US Markit Services PMI is predicted at 57.6. Forex traders can compare this to the US Markit Manufacturing PMI for January, reported at 59.2, and to the US Markit Services PMI, reported at 58.3. US Existing Home Sales for January are predicted to decrease by 1.5% monthly to 6.61M. Forex traders can compare this to US Existing Home Sales for December, which increased by 0.7% monthly to 6.76M...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Few companies have such a long and glorious history as IBM, which has set the course of computer technology for decades. Now, as the company continues a long and extensive restructuring and with a new CEO at the helm, should we consider buying IBM stock now? Originally called International Business Machines, IBM helped pave the way for many segments of the computer industry. But today IBM is not the dominant force it once was. The development of the Internet and the meteoric...