Steve Anderson

1 week ago | tipranks.com | Steve Anderson

It was just yesterday when we found out that China would not be taking delivery of the planes ordered from aerospace stock Boeing (BA). We also got the idea that, given Boeing’s backlog of orders—which, by some reports, went back almost two decades—the idea that Boeing may not be particularly troubled by this development also came up. One day later, we found out just how untroubled as Russia stepped in, with some conditions.

1 week ago | tipranks.com | Steve Anderson

You could be forgiven for thinking that restaurants of all types would have a hard time in the current economy. But that is not the case for steakhouse chain Texas Roadhouse (TXRH), where customers are still turning out in big numbers despite the slumping economy. But the news did little for Texas Roadhouse stock, which slipped fractionally in Wednesday afternoon’s trading. The biggest reason that Texas Roadhouse is gaining ground in the American dining landscape is a combination of factors.

1 week ago | tipranks.com | Steve Anderson

Back in September, we took a look at the “infinite money glitch” at banking stock JPMorgan Chase (JPM), and the results were about what you would think: a lot of people ended up dealing with a lot of lawyers. Now, reports note that Chase will be going after the smaller fry involved in the plot to cash out from Chase, and investors wondered if the bank had anything better to do. Shares slipped fractionally in Wednesday afternoon’s trading.

1 week ago | blog.tipranks.com | Steve Anderson

We know that auto tariffs are kind of a touchy subject right now. Off again, on again, huge, delayed…these have the potential to scuttle large parts of countries’ economies all over. But for legacy automaker General Motors ($GM), the tariffs are more than a mild inconvenience. In fact, the tariffs may be costing Americans access to an entry-level SUV: the Chevy Trax. Despite this, GM stock still gained fractionally in Wednesday afternoon’s trading. The Chevy Trax is something of an unusual model.

1 week ago | tipranks.com | Steve Anderson

Two weeks ago, Jefferies analysts came out very much in favor of cruise line Norwegian Cruise Line stock (NLCH), calling it ready to take on a recession. That opinion got very much underscored by analysts at Citi, who not only looked for Norwegian to take on a recession, but for the stock to potentially double from its current levels. This was good enough for investors, who sent shares up modestly in Tuesday afternoon’s trading.