- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Shares of Skullcandy (NASDAQ:SKUL) rip loose following word from a filing that its Principal Accounting Officer Ronald Ross purchased 18,000 of the shares, in total value of approximately $250,000. This move was seen as a vote of post-earnings confidence after a disappointing report. Meanwhile, Morgan Stanley places a price target of $21 on the shares, representing more than a 50 percent premium over the Ross transaction.
Worsening student enrollment trends have cost Career Education (NASDAQ:CECO) shares have dropped 20 percent year-to-date, but BMO Capital believes that the bottom has been found. The analyst thinks that a further slide has limited room, as Friday’s closing was near CECO’s cash and investments balance, plus the likelihood that the company will generate positive free cash flow and repurchase stock.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.