Top News Stories For November 13 2017

The day’s top news stories from stocks on the GuerillaStockTrading watch list.
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Goldman Sachs Beats, Plans to Repurchase $8.7 Bln Worth of Stock

Goldman Sachs beat on earnings and revenue. Goldman reported $5.02 earnings per share for the quarter, beating the estimate of $4.17. Revenue also beat coming in at $8.33 billion during the quarter versus the $7.59 billion estimate.

For the first time ever, Goldman Sachs disclosed its buyback target. Chief Financial Officer R. Martin Chavez said that Goldman Sachs Group expects to spend $8.7 billion repurchasing shares from investors.

Battle Over Costco Stock Rages As Buy-side Analysts Raise Price Targets

A battle between Bulls and Bears is raging over Costco stock. The Bears catalyst is that Amazon is going to cut into Costco's sales. The Bulls catalyst is that Costco just reported that sales grew an impressive 15.7% year-over-year and beat on earnings per share and revenue expectations.

SINA Corporation Growth Stock For Your Watch List

SINA Corporation is an excellent looking growth stock to add to the watch list. The company has grown earnings 1,350% and 159% the past two quarters. The company's earnings per share will zoom up 109% this year. I think this stock could go up 100% within the next 52 weeks.

Sofi AI Market Sentiment Gauge

Sofi AI Market Sentiment Gauge

Market is extremely oversold. Good time to take long positions.