Trader on the floor of the NYSE, June 7, 2022. Source: NYSE The stock market is about to close out its worst first half in decades in the week ahead, setting the stage for a summer of uncertainty and volatility. But in the very near term, strategists see a window of positive momentum for an
While listening to Federal Reserve Chairman Jerome Powell’s press conference on June 9, I found myself agreeing with two main points that Powell made. Specifically, I believe that the U.S. can avoid a significant economic contraction, and I think that inflation will drop meaningfully in the coming months without the Fed having to raise interest
Investors often seek out income stocks to hold forever, counting on the income to make up for a rocky market. The stock market’s steep drop incited panic, pressuring wary investors to sell the good companies along with the bad. Patient investors should take advantage of the market’s panic selling by scooping up income stocks at
A couple weeks into 2020, I recommended to InvestorPlace readers that they forget about Lyft (NASDAQ:LYFT) stock, suggesting they buy National Beverage (NASDAQ:FIZZ) or TreeHouse Foods (NYSE:THS) instead. All three stocks were trading in the $40 range at the time. I argued that Lyft wasn’t expected to make money until 2021, and that was only
Most of us are familiar with the metaverse. Or, the “sci-fi concept whereby humans put on some sort of headset or smart glasses that allows them to live, work and play in a virtual world much like the one depicted in the ‘Ready Player One’ movie,” as noted by CNBC. Better yet, according to a McKinsey
When a loved one passes away, there’s much to sort out. If they had a 401(k), they might bequeath their retirement account to a spouse, family member, or friend. If you inherit such an account, here are your options and the rules you must follow. Key Takeways All 401(k) accounts offer tax-deferred retirement savings. If
Stock futures slipped on Thursday evening as Wall Street looked to grind out a rare positive week in what has been a rough first half of the year. Futures tied to the Dow Jones Industrial Average fell 99 points, or 0.3%. Futures for the S&P 500 dipped nearly 0.4%, while Nasdaq 100 futures lost 0.4%.
The S&P 500 had another forgettable week as it remains in bear market territory. The Federal Reserve raised interest rates by three-quarters of a percentage point recently. As inflation rates continue to spring forward, there will likely be more fiscal tightening. Hence, it offers plenty of opportunities for investors to scoop up oversold stocks to
When trouble hits, the first instinct is to run but if you insist on holding your ground, you might want to consider pivoting your funds toward safe dividend stocks to buy. With the broader economic framework incentivizing stability over growth potential, investors are better served focusing on profitable companies that are able to reward their
Source: OlegRi / Shutterstock Energy bulls looking for a low-cost way to bet on higher fuel prices in 2022 should stear clear of Houston-based Camber Energy (NYSE American:CEI). While shares of the diversified energy and power solutions company currently trade for less than 50 cents, CEI stock isn’t the right investment for energy sector profits. Every
Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) stock is well-positioned to be resilient in the face of slowing economic growth and the valuation of GOOG stock has become quite favorable. As a result, Alphabet’s shares are definitely a buy for many investors. And for those with a long-term time horizon, Alphabet continues to provide a means of exploiting the tremendous
In this episode, Preston and Stig take value investing questions from the audience. You won’t want to miss their discussion on intrinsic value and many other interesting topics. Additionally, the investors review Walter Isaacson’s book, Benjamin Franklin. This reading was recommended by billionaires Charlie Munger and Elon Musk. IN THIS EPISODE, YOU’LL LEARN: – What
In this article FDX SRPT SWBI Engineers move a 350-volt battery pack to be installed in a Fedex Corp. Express General Motors Co. (GM) van at the VIA Motors Inc. facility in Orem, Utah, U.S. on Monday, Feb. 17, 2014. George Frey | Bloomberg | Getty Images Here are the stocks making headlines after the
The tech selloff may have eased, but Advanced Micro Devices (NASDAQ:AMD) shares are still struggling. Down nearly 50% since the start of the selloff last November, AMD stock just recently hit a new 52-week low. With all the uncertainty out there about the economy, this may continue in the immediate term. Yet, is this a
These are six dividend income stocks with better yields than the S&P 500. The S&P 500 has a dividend yield of approximately 1.60% from a practical standpoint. The reason this is so is that the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) trades for $374.64 as of June 23, and its training 12-month (TTM) dividend payment
Source: Michael Vi / Shutterstock.com Shares of Chinese electric vehicle maker Nio (NYSE:NIO) have surged more than 30% this month despite a troubling first-quarter earnings report. And NIO stock is up 44% from its recent low, made 10 days ago. Much of investors’ enthusiasm for NIO stock likely comes from the easing of Chinese Covid-19
Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) makes about 80% of its revenue from advertising. But the company is facing forces that could disrupt its business model and hurt GOOG stock. Ongoing legislation in the U.S. and E.U. regulatory actions could prevent Google from benefiting from its “gatekeeper” status with online ads. For example, if you do a search for
The Supreme Court is expected to issue a ruling this month that could curtail the Biden administration’s efforts to rein in greenhouse gases, and its impact could weaken the federal government’s power to oversee wide swaths of American life well beyond climate change. The upcoming decision on the Environmental Protection Agency’s (EPA) climate oversight in
In this article DOW LZB REV KFY WGO ABNB Check out the companies making headlines before the bell: Winnebago (WGO) – The recreational vehicle maker saw its stock jump 3.4% after it beat top and bottom-line estimates for its latest quarter. Winnebago earned an adjusted $4.13 per share, compared with a consensus estimate of $2.96,
Finding winning auto stocks to buy is difficult this year. The world is still trying to recover from a pandemic. The global shutdowns wreaked havoc on manufacturing, and the auto sector felt it hard. As a result, auto stock investors have been shy about paying up for the stocks now. They have had success, but