By Chris Bailey of Financial Orbit | Tuesday 17 April 2018
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
We all like shares that go up a lot but in terms of idea generation I think the biggest fallers list is by far the most interesting. Near the end of last year I saw that the insurance and travel company Saga (SAGA) shares fell sharply after the company said that its profits would be hurt by a combination of factors including 'a lower level of written to earned benefit and a decline in reserve releases' and investing more into new 'customer acquisitions'. The net impact was that profits were expected to be 5% lower...but the shares fell over 25%.
Already registered? Click here to sign in
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Search ShareProphets |
Stock market news |
Recent Comments |
Site by Everywhen