Tired of meme stocks? 2021 has seen a flood of stocks that have made huge gains — and often fallen back to Earth just as quickly — thanks to Reddit and retail investors. The best dividend stocks offer an alternative to meme stocks. They may not hold the promise of rapid gains, but companies that
With poor financial results, declining market share and no access to the U.S. market, Canadian cannabis producer Canopy Growth (NASDAQ:CGC) stock remains difficult to bet on. Source: Shutterstock CGC stock is down 33% so far this year and the slide shows no signs of ending anytime soon. At $17.47, the company’s shares are now at
Since commercial aviation contributes more than 2% of the world’s carbon emissions, California-based electric aircraft maker Joby Aviation (NYSE:JOBY) seeks to address this issue. Investors can easily buy JOBY stock now that it is trading on the New York Stock Exchange. Source: T. Schneider / Shutterstock.com Joby is actually the first U.S.-based eVTOL (electric vertical takeoff
The profitability of insurance companies depends on the number of premiums they write, the return on their investments, business costs, and how much they have to pay out in claims. As of Q2 2021, life insurance companies had a net profit margin (NPM) of 4.1% for the trailing 12 months (TTM). Property and casualty insurance
American flags in front of Goldman Sachs Group Inc. headquarters in New York, on Friday, March 5, 2021. Michael Nagle | Bloomberg | Getty Images Goldman Sachs said that only vaccinated people can enter its buildings starting next month. The leading global investment bank said that the new policy starts Sept. 7 and applies to
Shoppers leave a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images Check out the companies making headlines in after hours trading. Nordstrom — Shares of the retailer slid more than 3% in extended trading despite Nordstrom beating top- and bottom-line estimates during the second quarter. The company earned 49
Shares in Marathon Digital (NASDAQ:MARA) are on the move again. A penny stock through half of 2020, MARA posted over 400% growth at the start of 2021 before shedding more than half its value by mid-May. Along the way, trading in MARA stock was even halted by the U.S. Securities and Exchange Commission (SEC). Source: biggunsband
Early last month I wrote that Exxon Mobil (NYSE:XOM), then trading for $60.14, was worth at least 25% more at $75.19. At the time, XOM stock had a 5.76% dividend yield and traded for 16 times forward earnings. Source: Michael Gordon / Shutterstock.com The good news is that Exxon is now cheaper at $55.10 as
Cassava Sciences (NASDAQ:SAVA) is a biotech company with an important goal: fighting Alzheimer’s disease. It has several treatments in development, but is SAVA stock worth adding to your portfolio? Source: Shutterstock Obviously, I want this company to succeed; I witnessed a family friend’s battle with Alzheimer’s disease, and I would love for Cassava to succeed
Poshmark (NASDAQ:POSH), the new and second-hand clothing online store, produced excellent earnings for its second quarter ending June 30 on Aug. 10. With that in mind, here is the bottom line: POSH stock is worth at least 55% more at $41.20, compared to its price as of Aug. 21 of $26.53. Source: NYC Russ /
Preston Pysh talks with Bitcoin influencer, Croesus, about his articles on Bitcoin’s adoption curve and value proposition. IN THIS EPISODE, YOU’LL LEARN: – Why the yuppie elite do not get Bitcoin – Unit Bias – The two types of models to understand the value of Bitcoin – Why the digital revolution has two parts –
Support and Resistance are the building blocks needed in order to read chart patterns properly and to trade effectively. Support: -A psychological level where people believe the demand is strong enough to hold the stock price up -This is similar to a price floor, but it isn’t government-controlled -A healthy support line hits multiple points
REITs are benefitting from rotation into defensive areas of the market and change in rate outlook. Vanguard Real Estate ETF: https://www.zacks.com/funds/etf/VNQ/profile?cid=CS-YOUTUBE-FT-VID Schwab U.S. REIT ETF: https://www.zacks.com/funds/etf/SCHH/profile?cid=CS-YOUTUBE-FT-VID Real Estate Select Sector SPDR Fund: https://www.zacks.com/funds/etf/XLRE/profile?cid=CS-YOUTUBE-FT-VID SPDR S&P 500 ETF: https://www.zacks.com/funds/etf/SPY/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Eric Glyman and Karim Atiyeh, cofounders of corporate card startup Ramp Corporate charge card start-up Ramp has more than doubled its valuation since its previous round just five months ago amid torrid revenue growth and strong demand for fintech investments. Ramp is raising $300 million in a Series C round at a $3.9 billion valuation,
Take a look at some of the biggest movers in the premarket: Best Buy (BBY) – Best Buy shares rallied 4.3% in the premarket after the electronics retailer beat estimates on the top and bottom lines for the second quarter. Best Buy earned $2.98 per share, compared to a $1.85 a share. consensus estimate. Comparable-store
Etsy (NASDAQ:ETSY) just produced excellent results for Q2 on Aug. 4, showing that the company is gushing forth huge amounts of free cash flow (FCF). Moreover, Etsy is now buying back large amounts of shares given the huge FCF it’s producing. The net result is to expect ETSY stock to skyrocket as long as this
After months of turmoil, AT&T (NYSE:T) stock looks to have bottomed and is finally trending higher. Source: Jonathan Weiss/Shutterstock The iconic American company that is today the world’s biggest telecommunications company and the largest provider of mobile telephone services in the U.S. has struggled this year as its stock price has endured a roller-coaster ride
AT&T (NYSE:T) announced on May 17 that it would spin-off its WarnerMedia subsidiary and merge it with Discovery Communications (NASDAQ:DISCA, NASDAQ:DISCB, NASDAQ:DISCK) to create another massive media conglomerate. T stock has lost 13% of its value in the three months since. Source: Shutterstock In 2021, AT&T’s stock has traded below $30 for all but a
InvestorPlace’s Brenden Rearick reported on Aug. 17 that Renaissance Technologies upped its stake in AMC Entertainment (NYSE:AMC) in the second quarter by 260%. The hedge fund now owns more than 1.8 million shares of AMC stock. Source: Helen89 / Shutterstock.com Jim Simons, the billionaire who runs the hedge fund, seems to be saying yes to
The COVID hangover is real. Apple Inc. (AAPL) recently decided to delay staff’s return to the office until at least January 2022, pushing back its original target of October. But with surging cases, Delta and Lambda variants running rampant, and the CDC’s reversal of mask guidelines, Apple wants to play it safe. For now, Apple