Month: October 2020

Monty Rakusen | Cultura | Getty Images Company: Contura Energy, Inc. (CTRA) Business: Contura is large scale provider of metallurgical (“met”) and thermal coal. The company has mining operations across coal basins in Pennsylvania, Virginia and West Virginia. It supplies both metallurgical coal to produce steel and thermal coal to generate power. The met coal
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Raymond James CEO Paul Reilly told CNBC on Friday that long-term investors should not be scared away from equity markets, despite the rise in coronavirus cases and other risk factors that weighed on Wall Street in October. “The important message is stay invested,” Reilly said on “Power Lunch.” “If you’re afraid of some segments, that’s
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Cloudflare (NYSE:NET) appears to offer solid content delivery networks and IT security products that should enable the company to grow significantly going forward. But given the sky-high valuation of NET stock, and the strong threat from Fastly (NYSE:FSLY), I recommend that investors sell Cloudflare at this time. Source: Shutterstock Cloudflare’s bread and butter seems to
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