Wedbush analyst Jay McCanless maintained a Hold rating on Meritage Corp (MTH) today and set a price target of $39. The company’s shares closed yesterday at $44.70, close to its 52-week high of $44.83. According to TipRanks.com, McCanless is a 3-star analyst with an average return of 2.4% and a 47.8% success rate. McCanless covers […]
Broad economic factors routinely have a jolting influence on the stock market, forcing traders to react both quickly and over time to adjust to new market conditions. Understanding the types of economic factors that affect the market and how they influence it can go a long way toward improving your profitability as a trader. Why […]
On January 20, 1841, after delivering a series of military defeats to Imperial China in the First Opium War, British forces landed in Hong Kong and took control of the island. Hong Kong was hugely important for the British economy because it ensured access to the Chinese market. And they went to war multiple times […]