Month: August 2020

Here’s Why PAR Technology (PAR) is a Great Momentum Stock to Buy

Momentum investing revolves around the idea of following a stock’s recent trend in either direction. In the ‘long’ context, investors will be essentially be “buying high, but hoping to sell even higher.” With this methodology, taking advantage of trends in a stock’s price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

While many investors like to look for momentum in stocks, this can be very tough to define. There is

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Point72 Asset Management Cuts Micron Technology, JD.com

Steven Cohen (Trades, Portfolio)’s Point72 Asset Management manages a $15.33 billion equity portfolio composed of 778 stocks as of the quarter’s end. The firm sold shares of the following stocks during the second quarter.” data-reactid=”13″Steven Cohen (Trades, Portfolio)’s Point72 Asset Management manages a $15.33 billion equity portfolio composed of 778 stocks as of the quarter’s end. The firm sold shares of the following stocks during the second quarter.

The firm’s Micron Technology Inc. (NASDAQ:MU) position was trimmed by 98.19% The portfolio was impacted by -2.08%.

Point72

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Sheldon Creed takes over late to win Gander Trucks race at World Wide Technology Raceway

Sheldon Creed won his second NASCAR Gander RV & Outdoors Truck Series race in the last three weeks, holding off former series champion Brett Moffitt by a mere .881-seconds to take the trophy in Sunday afternoon‘s CarShield 200 Presented by CK Power at World Wide Technology Raceway at Gateway.

Triple Truck Challenge just this month, which earned him a total of $150,000 in bonuses.” data-reactid=”38″It was the 22-year-old Californian‘s third career win and, notably, his second victory in the season‘s three-race Triple Truck Challenge just this month, which earned him a total of $150,000 in bonuses.

collided with the

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Can technology make kids more self-sufficient?

Too much screen time has long been one of modern parents’ biggest concerns. But during a pandemic? It’s off the charts. Who among us hasn’t plugged our kids into an endless loop of Frozen II or allowed another 30 minutes of Minecraft — as a last-ditch attempt to get through just one work call uninterrupted? 

One recent survey of more than 3,000 parents found that screen time for their kids increased by 500% during the last few months. And guess what? That’s not necessarily the brain-melting, social-stunting no-no we — not so long ago — thought it would be. 

Of

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Carpenter (CRS) Down 8.4% Since Last Earnings Report: Can It Rebound?

It has been about a month since the last earnings report for Carpenter Technology (CRS). Shares have lost about 8.4% in that time frame, underperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Carpenter due for a breakout? Before we dive into how investors and analysts have reacted as of late, let’s take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.

Carpenter Technology’s Loss Narrower Than Expected in Q4

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