Here they are...the most widely-read stories on TheStreet.com now:
Stocks Back in Reverse
Robert Holmes
Stocks resumed their wild ride Tuesday as an unspectacular earnings performance at Texas Instruments squelched the previous session's optimism.
Amazon in a Bind
Jonathan Berr
Harry Potter casts a mean spell, but even he may not be able to wow Amazon.com investors this quarter. The limits of the teen wizard's strength will be on display Tuesday afternoon as the world's largest Internet retailer posts quarterly earnings. Sales of Scholastic's latest Potter title should help boost Amazon's revenue by 26% from a year ago to $1.86 billion, analysts expect. But his effect on the bottom line is expected to be less enthralling, and that's part of why Amazon has receded a bit lately from Wall Street's view.
Apple Insiders' Happy Tunes
Troy Wolverton
With shares of Apple trading near an all-time high, CFO Peter Oppenheimer decided it was time to cash in. Oppenheimer exercised 750,000 options last week, grossing a cool $32 million. And he's only the latest Apple executive to take advantage of the stock's latest bull run. In recent months, at least four other senior company executives have cashed in 100,000 or more options, seeing millions of dollars' worth of gains.
Don't Jump Off REIT Bandwagon
Louis Wolfowitz
The REIT market is down lately, in case you haven't heard. Specifically, the MSCI US REIT Index, the bellwether of the real estate investment trust industry, is down 6% this month and almost 10% from its all-time high in early August. Yes, it seems after five straight years of outperforming the S&P 500, the Dow and Nasdaq, REITs are taking a breather. What's happening? A number of things are probably contributing to the sector's recent weakness: Rising interest rates. Fears of a real estate bubble. Higher oil prices.
Spotlight Shines on Lucent
Scott Moritz
Investors will be hoping for a little illumination from Lucent Technologies Wednesday morning. The Murray Hill, N.J., telecom equipment giant is scheduled to deliver yet another installment in its familiar saga to balance solid wireless gains with slipping wireline gear sales. Wall Street is eager to see Lucent's fiscal fourth-quarter numbers and even more curious about the company's year-ahead forecast.
Daily Investing Tip
Dykstra: Bold's Beautiful
With Cabot Oil & Gas scheduled to announce earnings this week, I predict a "blowout" number. With a forward price- to-earnings ratio of
10.16, a return on equity at 23.40% and minuscule debt, this company should have no problem trading back up to its 50-day moving average at just under $45. That is my conservative opinion. What I envision is this company blowing right through its 50-day, and testing that $53 level where there is some resistance. If the market wasn't in the "flip a coin" mode, I would have even more confidence in this stock.
-- Lenny Dykstra, TheStreet.com
Jeff Cooper
Price: The Final Arbiter
Despite the fact that time hasn't elapsed in this decline, a strong move higher must be respected.
Cody Willard
Earnings Get Tech Support
Simple day-to-day tasks show how the tech revolution boosts both productivity and bottom lines.
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