Author: Spec Stock Staff

Take a Rain Check on United Airlines Stock

[Editor’s note: “Wait for a Pullback Before Buying United Airlines (UAL) Stock” was originally published on April 9. It is regularly updated to include the most relevant information.] Source: travelview / Shutterstock.com United Airlines (NASDAQ:UAL) stock may be now trending higher. Does that make shares a buy? Yes and no. The legacy carrier isn’t out…

Op-ed: Here’s what CEOs are thinking and worrying about as they reopen their offices

Companies prepare offices to reopen. Source: Karen Firestone When governors, mayors, and national leaders told us to stay home and work remotely, back in what seems like the Ice Age, we were thrust into a state of shock, disorientation, and, ultimately, acceptance. Two and half months later, we have grown accustomed to Zoom, Covid-19 news…

Stocks making the biggest moves after hours: Chesapeake, Macy’s, Tailored Brands and more

A Men’s Wearhouse retail store on October 9, 2013 in San Francisco, California. Getty Images Check out the companies making headlines after the bell. Stitch Fix — The online personalized styling service’s stock fell 6% in extended trading after the company released its third-quarter financial results. Stitch Fix said it had a loss of 33 cents…

Why Are Some Spin-Offs Taxable and Some Are Tax-Free?

The manner in which a parent company structures the spinoff and divests itself of a subsidiary or division determines whether the spinoff is taxable or tax-free. The taxable status of a spinoff is governed by Internal Revenue Code (IRC) Section 355. The majority of spinoffs are tax-free, meeting the Section 355 requirements for tax exemption…

Druckenmiller is still betting on Amazon and Microsoft but is overall bearish on growth stocks

Stanley Druckenmiller Adam Jeffery | CNBC Legendary investor Stanley Druckenmiller said tech giants Amazon and Microsoft are still among his biggest holdings, but noted he is quite bearish on growth stocks as a group.  “I have still something like Amazon and Microsoft in my largest holdings, but I have the least growth weighting in my…

A Buying Window May Be Opening for Energy Transfer

In recent weeks, pipeline and midstream energy company Energy Transfer (NYSE:ET) has been on many investors’ radar. Although ET stock is still down about 28% year to date, the share price has more than doubled since hitting a 52-week low in mid-March. Source: Casimiro PT / Shutterstock.com The overall picture for commodity prices is yet from…

Stocks making the biggest moves midday: United Airlines, Carnival, GrubHub, Zillow, JetBlue & more

A United Airlines plane prepares to take off at the Benito Juarez International airport in Mexico City, on March 20, 2020. Pedro Pardo | AFP | Getty Images Check out the companies making headlines midday Monday: United, American, Delta, Southwest — Airline stocks rallied on Monday as investors continued to bet on a return in air travel as the…