Author Archives: Scalper1

Fitbit dominates fitness tracker market but faces risks

Fitbit (FIT) is laps ahead of the competition in the wearable fitness tracker market. But the San Francisco-based company still faces risks such as the possibility of waning interest in the category and greater competition from smartwatches like the Apple (AAPL) Watch. For now, Fitbit is standing tall, even if its stock isn’t. On Friday, Mizuho Securities analyst Betty Chen initiated coverage of Fitbit with a buy rating and a price target of 38.

After Hours Most Active for Dec 17, 2015 : BAC, CX, QQQ, GE, CSG, M, TVIX, PBF, XIV, ARRS, SPLS, MSFT

The NASDAQ 100 After Hours Indicator is up 4.45 to 4,519.28. The total After hours volume is currently 38,964,899 shares traded. The following are the most active stocks for the after hours session Bank of America Corporation ( BAC

Could Tesla, Google Or Apple Be BlackBerry’s Future?

BlackBerry (BBRY) is pulling out all the stops in its turnaround strategy, with CEO John Chen saying that he’d embrace working with Tesla Motors (TSLA), Apple (AAPL) or Alphabet (GOOGL) on advanced auto technology. On Friday morning, BlackBerry reported third quarter earnings that topped expectations, sending its stock jumping to a six-month high. BlackBerry closed Friday at 8.61, up 10.4%. The results showed that BlackBerry was making progress on