The Dow Jones Industrial Average has not been able to sidestep the pain in the broader market, although it’s held up better than the other indices. The S&P 500, Nasdaq and Dow have suffered peak-to-trough declines of 24.5%, 34.8% and 19.75%, respectively. That has us looking for Dow stocks trading at a huge discount. The
I am writing today about deeply undervalued dividend stocks that have dividend yields over 5%. And not only are those yields juicy, but they’re also above the stocks’ historical yield average. As a result, we can assess their potential value by dividing their present dividend rate by the average historical yield. That gives us a
Growth stocks have performed well in 2021 as expectations and economic conditions were much different than in 2022. Things have changed dramatically as high inflation and rising interest rates have raised concerns about the odds of a recession and this has made a shift from investing in growth stocks to value stocks. On July 15,
The Securities and Exchange Commission (SEC) is reportedly investigating crypto exchange Coinbase (NASDAQ: COIN) over allegations that it allowed U.S. persons to trade unregistered securities. As a result, Coinbase’s shares were down 21% on July 26 and have fallen more than 80% since the IPO one year ago. Key Takeaways Coinbase stock was down 21% on
In this article CS Credit Suisse Chief Executive Thomas Gottstein addresses the Finanz und Wirtschaft Forum conference in Zurich, Switzerland, September 2, 2020. Arnd Wiegmann | Reuters Credit Suisse CEO Thomas Gottstein is about to step down from the embattled investment bank, the Wall Street Journal reported on Tuesday. The Zurich-based bank will soon announce
A Chipotle Mexican Grill sign is seen in the Park Slope neighborhood in the Brooklyn borough of New York City. Michael M. Santiago | Getty Images Check out the companies making headlines in after hours trading. Alphabet – Shares of Alphabet jumped nearly 3% even after the company reported quarterly earnings that fell short of
Amid an absolutely incredible surge in commodity prices, the search for the best fertilizer stocks has taken hold. And while fertilizer prices are coming down, it’s clear that this sector isn’t as “boring” as investors once thought. Indeed, after a taste of what a bull market in commodities looks like, many investors are now warming up
Today I am looking at some of the best undervalued REITs (real estate investment trusts) that have serious profit potential. These stocks are either at a trough price-wise, or their valuation metrics are very cheap. For example, many of these REITs are down over 25% year to date. Moreover, their valuation metrics show that their
Illinois just prohibited Carvana (NYSE:CVNA) from selling vehicles in the state. On top of that, auto loans, a major revenue source for Carvana, are drying up. All in all, it’s not a bad idea to just leave CVNA stock alone because there are too many problems to deal with. It’s a shame, really, since Carvana’s business
In this article WMT U.S. stock futures fell on Tuesday morning after Walmart cut its profit forecast, sending retail stocks tumbling after hours. Dow Jones Industrial Average futures fell by 120 points, or 0.38%. S&P 500 and Nasdaq 100 futures declined 0.3% and 0.39%, respectively. A late Monday announcement from Walmart, which cut its quarterly
The current bear market has cleared out a lot of the frothiness that had accumulated over the past few years. Several of the biggest names in the stock market are now trading at multi-year lows as investors rotate out of risky investments. Many of these stocks are trading for chump change, which is why it’s
AirBnB (NASDAQ:ABNB) stock bounced 5% on July 4 and July 5 amid a general rally in tech stocks. It then opened on July 6 at about $95.29 per share. Looking back, though, this isn’t the best place to be if you’ve been an investor of ABNB stock. That’s less than half its February 2021 high
Most qualified plans—such as a 401(k) or 403(b) plan—offer employees the ability to borrow from their own retirement assets and repay that amount with interest to their own retirement account. While most of us would rather not take money from our retirement plans until after we retire, we are sometimes left with no alternative. If
In this article NEM JD RYAAY Ryanair planes are seen at Dublin Airport, following the outbreak of the coronavirus disease (COVID-19), Dublin, Ireland. Jason Cairnduff | Reuters Check out the companies making headlines in midday trading Monday. Newmont — Newmont shares tumbled 11.9% after the mining company reported a disappointing second-quarter profit. The company reported
There is currently a tug of war between fear and actual fundamentals. Most major corporations are delivering close to record results. But Wall Street investors are mostly hesitant because of the fears of what’s to come. Current metrics are still solid, but the central banks are flipping into a hawkish stance. This is creating opportunities
Today I’m looking at REITs to sell now, as they have little or no income and their prospects for investors are not that good as a result. Moreover, it may take some time for these REITs, or real estate investment trusts, to revive and renew their ability to produce income for their investors. The fact
In this video, you will learn how to make use of exponential moving averages to find support or the movement of your stock. Moreover, you will also learn how to get out or take profits from your position. Understand how the stock market really works and start making more money from your trades! Check out
With shares of casino giant Wynn Resorts (WYNN) tanking in the wake of its latest earnings report, Ryan McQueeney explains how growth & income investors can find better options by focusing on REITs that own gaming properties. Wynn: https://www.zacks.com/stock/quote/WYNN?cid=CS-YOUTUBE-FT-VID Gaming and Leisure Properties: https://www.zacks.com/stock/quote/GLPI?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like
Traders on the floor of the NYSE, July 6, 2022. Source: NYSE U.S. stock futures were little changed on Monday morning, coming off a positive week for the major averages, as traders brace for the busiest week of corporate earnings, as well as insights into further interest rate hikes from the Federal Reserve. Dow Jones
JEasily one of the top-performing sectors for the first few months of this year, the best natural gas stocks to buy have suffered a conspicuous loss of momentum. Arguably, the erosion stems from global recession fears and subsequent governmental responses that wouldn’t be bullish for rising demand. Still, bold contrarian speculators may have an opportunity