Despite its stock split, Alphabet is still down on the year Analysts keep insisting there are growth catalysts Google Cloud Remains a Problem Despite heavy support from observers, even me, Alphabet (NASDAQ:GOOGL,NASDAQ:GOOG) stock is down 6.2% year-to-date. The stock was expected to open near $2,650/share on March 18. That’s a price to earnings ratio below
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[embedded content] We can’t have an economic podcast without discussing the Eastern European conflict, which has hastened the spike in oil prices. It’s been on a tear lately, and oil stocks have seen some nice gains. But at the risk of striking any nerves, I’ve got something to say: “The oil trade is for suckers.”
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Even the Russia-Ukraine conflict hasn’t done much to galvanize Boeing stock. A return to early 2020 price levels isn’t a question of “if,” but “when.” Investors should seize the opportunity to own a piece of an iconic American business. Headquartered in Chicago, Boeing (NYSE:BA) is an aerospace and defense company that’s known worldwide. For many generations,
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Legacy technology giant International Business Machines (NYSE:IBM), better known as IBM, has come through the tech wreck of the past few months relatively unscathed. IBM stock has proven to be more resilient than many analysts and investors previously thought. Source: JHVEPhoto / Shutterstock.com Year-to-date (YTD), IBM stock is down 5% to $127. That’s much better than
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FuboTV (NYSE:FUBO) was supposed to offer investors a streaming sports TV service with a betting upside. However, FUBO stock has totally failed to deliver on that potential. Shares are down from a peak of $50 last year to under $8.50 now. Source: Tada Images / Shutterstock.com This is hardly a buy-the-dip opportunity either. Rather, this
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When you are named the beneficiary of an individual retirement account (IRA), and the IRA owner dies, you may think you’ve received a tax-free inheritance. Well, that’s only partially correct. Under current tax law, the inheritance itself—that is, the entire sum in the account—is tax-free. But you are still required to take distributions from the
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Preston Pysh talks with Luke Gromen about Luke’s overview of the macro landscape since the Russian invasion of Ukraine, Bitcoin’s potential involvement, and much much more! IN THIS EPISODE, YOU’LL LEARN: 0:00:00 – Intro 0:02:07 – Luke’s overview of the Macro Landscape since the Russian invasion of Ukraine. 0:02:07 – Energy to the EU. 0:02:07
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They don’t usually attract the attention of retail investors, but defense stocks have risen to popularity and widely outperformed a stuttering stock market so far in 2022. And some of them still appear like good long-term buys, even as they print new all-time highs. Undoubtedly, ongoing tensions in the South China Sea and the Russian
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Daniel Zuchnik | WireImage | Getty Images Warren Buffett’s Berkshire Hathaway purchased an additional 18.1 million shares of Occidental Petroleum for almost $1 billion on the first three days of this week. An SEC filing Wednesday shows it paid a weighted average of $54.41 per share, a total of $985 million for the new shares. At Wednesday’s
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