Does The TJX Companies Inc. (TJX) Carry an Optimistic Near-term Outlook?
TJX Companies (TJX), a retail brand owner, has increased sales during COVID-19 as consumers cut back on discretionary spending by restaurants, travel, and more. This resulted in TJX receiving some of this money, and the chain expects future growth. In fiscal 2021’s second quarter (ended May 1), sales of TJX grew by 129 % year-over-year […]
Your Today’s Wake-Up Call: Rent-A-Center Inc. [RCII]
Rent-A-Center Inc (RCII) provides electronic and equipment rentals to public venues. The company’s stock is at 52-week highs. Investments in Rent-A-Center in the Internet-rental business are positive, but there is no obvious prerequisite for the company’s shares’ growth. More than 3,000 Rent-A-Center stores operate across the U.S., Canada, Puerto Rico, and Mexico. The brand name […]
Alphabet (GOOGL) shuts down cell tower alternative Loon
Google’s parent company Alphabet Inc (NASDAQ: GOOGL) is shutting Loon after concluding that the idea behind Loon was viable but not anymore. Founded in 2011, Loon aimed to bring connectivity around the world by using balloons and solar-powered networking gear instead of the traditional cell towers, which many deem too expensive. For, many years […]
Domo Stock Rose Nearly 75% Since Posting Quarterly Results This Month
Powerful third-quarter results were posted by cloud computing software provider Domo Inc. (DOMO). The news contributed to the rise of the company’s stock, and the share of DOMO has gained about 75% since posting the results on December 4. Domo offers an enterprise portal that provides all workers with access to data. The company’s portfolio […]
Pioneer Power (PPSI) Stock Rallies after the Dispute with Myers Power Products Ends
The dispute between both parties has finally ended and all the previous injunctions have been eliminated. Shares of Pioneer Power Solutions, Inc. (PPSI) are pushing higher with a high volume today. The following thrust in PPSI shares occurred during the premarket trading as the stock rose above 70%. The recent surge is based on the […]
