Tesla is one of the most actively traded stocks in the market. It’s one of the most expensive by various measures. Is it overvalued?
Cisco Systems (CSCO), Take-Two Interactive Software (TTWO) and Booking (BKNG), and JD.com (JD) all rallied after reporting quarterly numbers. Some beat consensus, others lagged. Regardless, investors found something to like.
In the last week, companies like Walt Disney (DIS), Allergan (AGN), Electronic Arts (EA) and KLA Tencor (KLAC) beat estimates, only to drift or fall. The tepid response comes amid fears about a renewed trade war with China, plus buyer fatigue after four months of solid gains.
The biggest decliner in the S&P 500 today, for instance, was Mylan (MYL). Disappointing results, manufacturing problems and weak demand hammered the drug maker 24 percent. That was its worst decline in at least a decade
ZhongAn Insurance (HK:6060) is the first online-only Insurance technology company in China, which was established by Jack Ma from
Alibaba Group (NYSE: BABA), Pony Ma from Tencent (HK:0700) and Mingzhe Ma from Ping An Insurance (SHA:601318). Total income in 2017 was 5,583 million RMB (roughly 810 million USD) and increased by about 65%.
Yep, we’re talking about real-estate investment trusts (REITs). These companies own shopping centers, apartment buildings and warehouses… things that many clients would shrug at rather than trade. They were so dull that no one even thought to give them their own sector until a few years ago.