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SEEKING ALPHA‘s Robert Honeywill, whose work is always well worth a read, writes: – Expeditors has solid earnings and strong balance sheet, with no debt. – The share price appears to have gotten ahead of itself, leading to excellent double-digit returns for most investors over the last six years. – EPS growth rate, over...
SEEKING ALPHA reports: The energy sector (XLE -3.4%) returns to the bottom of the S&P sector standings as crude oil prices come under pressure, with November WTI (CL1:COM) -5.1% to $38.53/bbl and plunging below its 200-day moving average $39.62/bbl. There’s no obvious catalyst behind today’s sharp move, but persistent demand concerns stemming from the pandemic are outweighing hopes for...