Stocks & Equities

With airlines facing a $250-billion loss in revenue for 2020 at a minimum, the additional $35 billion they might have to pay in the form of refunds over the next few months makes for a staggering amount. The dire situation has led pundits to ponder whether the industry might be willing to climb into bed with the government in a quasi-nationalization plan that would bail them out.

The rules of the airline bailout game changed mid-match. Congress had promised $58 billion to the airlines in the form of a bailout in line with the CARES Act. Of that, $50 billion was to be directed to passenger airlines, with $25 billion in grants and $25 billion in loans to be paid back. At the 11th hour, however, that $25 billion in grants was reduced to $17.5 billion, with the remainder another low-interest rate loan….CLICK for complete article

Live Post Show Webinar – How to Profit from a Stock Market Crash

Posted by MoneyTalks Editor

on Friday, 10 April 2020 12:54

Stock market crashes have always been great money making opportunities, will this time be different? During an exclusive, live, FREE webinar immediately following the show, Tyler Bollhorn will show what he is doing to find bargains in quality companies that can rebound as the market heals from the CoronaCrash. Most importantly, he will go hunting for opportunities using his tools and process so you can get some ideas for longer term trades.
CLICK HERE to register

One Theme Is Popping Up Among These Chinese Companies: Fraud

Posted by Wayne Duggan

on Wednesday, 8 April 2020 9:09

Three months after Muddy Waters Research sounded the alarm on Luckin Coffee Inc – ADR NASDAQLK, the firm is now accusing popular Chinese online video platform IQIYI Inc of overstating 2019 revenue numbers.

If the allegations prove true, it would be the third high-profile Chinese stock that Muddy Waters has helped expose in 2020.

The Latest Short Seller Allegations

iQiyi is often compared to Netflix, Inc. Parent company Baidu Inc holds a 56% stake in iQiyi.

In a Tuesday report, short sellers Muddy Waters and Wolfpack Research said iQiyi’s 2019 revenue numbers are inflated by at least $1.13 billion.

In a statement, iQiyi said the short report is filled with errors and misleading conclusions…CLICK for complete article

Why Dollarama’s (TSX:DOL) Stock Price Beat the TSX Index by 94% in March

Posted by Karen Thomas

on Tuesday, 7 April 2020 10:18

The Dollarama (TSX:DOL) stock price outperformed the TSX in March, as the company navigated its way through the coronavirus crisis.

All eyes were on developments related to the coronavirus. Societies are attempting to lessen the human toll of this virus by taking measures that were unimaginable only a few months ago. As the realities of social distancing and isolation became increasingly clear, the economic fallout also become crystal clear.

For Dollarama, the fallout is not as severe as it is for many. Dollarama has essential business status, and, as such, the hit to the company’s financials has been manageable.

This was reflected in Dollarama’s stock price outperformance in March, when it beat the TSX by 94%. At the time of writing, Dollarama’s stock price fell 10% year to date. This also compares very favourably to the TSX Index’s year-to-date performance of a loss of 20%…CLICK for complete article

7 Media And Entertainment Stocks To Buy, Sell And Hold

Posted by Wayne Duggan

on Friday, 3 April 2020 10:48

The coronavirus (COVID-19) outbreak has dragged down stock prices across the board, and media and entertainment stocks are no exception. While some media and entertainment businesses have ground to a complete halt due to the economic shutdown, others are thriving from a surge in at-home business.

CFRA recently assessed the media and entertainment landscape in the wake of the COVID-19 outbreak, and analysts updated their takes on some popular stocks in the group. CFRA said companies that rely heavily on public gatherings and carry the most debt are most at risk, while others should have no problem navigating the current environment.

Here are seven media and entertainment stocks to buy, sell and hold, according to CFRA.

Comcast Corporation CMCSA 2.33% – Buy

Analyst Tuna Amobi said Comcast is one of the rare winners from the COVID-19 outbreak given its cable and satellite business is likely getting a huge boost from Americans stuck in their homes. Comcast also has a relatively high A- S&P credit rating, suggesting its balance sheet is healthy…CLICK for complete article