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January 18, 2024
A bellwether stock is defined as one that is believed to be a leading indicator of the direction of the economy, sector or market. When bellwether stocks post earnings, it's often a good bet that the rest of the sector will probably report similar earnings. After the bellwether reports earnings, other stocks of that sector will often rise or fall "in sympathy" with the bellwether. Real estate investment trusts (REITs) have several subsectors, and each one has at least one bellweth...
January 9, 2024
This week, I take a look back at the sector winners and losers of 2023. The clear winner last year was technology.
January 8, 2024
Little is known about how much revenue Shein sees but one of the retailer’s key partners said its sales are “a lot more” than $30 billion annually.
January 8, 2024
Little is known about how much revenue Shein sees but one of the retailer’s key partners said its sales are “a lot more” than $30 billion annually.
December 29, 2023
Simon Property (SPG) closed at $144.28 in the latest trading session, marking a +0.42% move from the prior day.
December 27, 2023
Park Place Capital Corp cut its holdings in Simon Property Group, Inc. (NYSE:SPG – Free Report) by 51.1% during the third quarter, Holdings Channel reports. The firm owned 1,511 shares of the real estate investment trust’s stock after selling 1,582 shares during the quarter. Park Place Capital Corp’s holdings in Simon Property Group were worth […]
December 27, 2023
Crowds will soon line the streets of Pier Park for the New Year's Eve Beach Ball Drop, an annual event held in Panama City Beach.
December 24, 2023
Simon Property Group (NYSE:SPG – Free Report) had its price target lifted by Piper Sandler from $148.00 to $172.00 in a report published on Wednesday, Benzinga reports. Piper Sandler currently has an overweight rating on the real estate investment trust’s stock. A number of other research firms also recently weighed in on SPG. StockNews.com raised […]
December 24, 2023
Simon Property Group (NYSE:SPG – Free Report) had its target price raised by Piper Sandler from $148.00 to $172.00 in a report published on Wednesday morning, Benzinga reports. The brokerage currently has an overweight rating on the real estate investment trust’s stock. A number of other brokerages also recently issued reports on SPG. Truist Financial […]