Investors on Wall Street have been on edge for a while. You couldn’t guess it from looking at the scoreboard. Because the S&P 500 broke records once more this morning. Clearly investor confidence is waning, but not their risk appetites. Equities like Advanced Micro Devices (NASDAQ:AMD) stock are now miles higher than last year. Source:
In this article DIDI CAR MRNA CI GDDY AAPL Check out the companies making headlines before the bell: Airline stocks – The major carriers saw their shares fall in the premarket after a surge in weekend cancellations due to staffing issues. United Airlines (UAL) slid 1.8%, American Airlines (AAL) fell 1.4%, Delta Air Lines (DAL)
The S&P 500 broke records last week and again early this morning. This is in spite of a wall of worry that investors keep climbing. It’s almost like there are no bears, which makes it easy to find opportunities for stocks to buy on weakness. Investors are stepping in to buy every dip. Even though
Rivian (NASDAQ:RIVN) recently reported its first earnings report as a public company. The results disappointed Wall Street, and RIVN stock fell. It gained some of those losses back, but still trades at about half of its recent highs. Source: Michael Vi / Shutterstock Many investors (including myself) questioning the stock’s valuation. To be fair, many
If you have a home in a region that has a high hurricane risk, you’d better check your homeowner’s insurance policy for the details of its deductible for hurricane-related damage. This relatively new addition to insurance policies is not a flat dollar amount but a percentage of your home’s value, and it can add significantly
Months after the special purpose acquisition company (SPAC) bubble burst, investors are still shying away from these assets. We’ve seen this play out with both SPAC stocks that have “de-SPACed” and companies with deals still pending. Granted, among de-SPACed names, some are still up big from their initial offering price (typically $10 per share.) For
Nike (NYSE:NKE) stock had a consistent pattern in 2021. It jumps on earnings. Source: mimohe / Shutterstock.com NKE stock did it again Dec. 20, after the company reported its second fiscal quarter of 2022. Net income was $1.3 billion, 83 cents per share fully diluted, on revenue of $11.4 billion. In response the share price
New Mexico-headquartered Virgin Galactic (NYSE:SPCE) was famously founded by billionaire Richard Branson with a vision of taking people who aren’t necessarily professional astronauts into space. It’s an intriguing business model — one you’ll need to believe in if you plan to hold SPCE stock for the long term. Source: Christopher Penler / Shutterstock.com So far, it
What good is a car without a gas station? Source: Virrage Images / Shutterstock.com Not much good at all. In fact, a car is pretty much useless as a means of transportation, unless it has fuel. Fuel comes from gas stations. No gas stations. No usable cars. By that same token, what good is an
As I write this, Cloudflare (NYSE:NET) stock trades at $131. Without beating around the bush, that’s a bargain. Source: IgorGolovniov / Shutterstock.com Well, it appears to be a bargain at least. Cloudflare is a stable company with a growing business, and that growth is expected to continue for the foreseeable future. There are two overarching
If you’ve been diligently saving for retirement through your employer’s 401(k) plan, you may be able to convert those savings into a Roth 401(k) and gain some added tax advantages. Key Takeaways Many companies have added a Roth option to their 401(k) plans. Traditional 401(k)s and Roth 401(k)s are taxed differently; traditional ones use pre-tax
BlackBerry (NYSE:BB) has been under strong selling pressure in the last month. However, the meme stock is still up 38% year-to-date. But with BB stock down 8.9% in the last month and investors getting ready to turn the page on 2021, should speculative investors remain patient while BlackBerry’s business model comes to fruition? Source: Shutterstock
2020 was an explosive year for growth stocks, as many saw several years worth of growth pulled forward into our new pandemic operating environment. It resulted in many stocks doubling, tripling, quadrupling or even more. Coming into 2021, many of these names were hitting new highs and investors were feeling empowered. This brazen attitude didn’t
Bakkt Holdings (NYSE:BKKT) stock has garnered recent attention primarily because it is a catchall for the digital economy. The world is eager to understand how to capitalize on what many see as a revolution in digital assets. Source: Shutterstock The firm operates a regulated platform allowing consumers to store “digital assets, access liquidity and trade,
2021 has been a record year for initial public offerings (IPOs) worldwide as 2,388 new companies listed their shares. In the U.S., the IPO market reached an all-time high with more than 900 companies going public, raising $300 billion in 2021. DigitalOcean Holdings (NYSE:DOCN) went public in late March 2021. DOCN Stock raised $775 million in
With the share price of Ford Motor Co. (NYSE:F) slipping from its recent 52-week high, now is an excellent opportunity to buy stock in the legendary American automaker. Source: TY Lim / Shutterstock.com In early November, F stock closed above $20 for the first time since 2001. As recently as April 2020, Ford’s share price
Asana (NYSE:ASAN), which provides a “work management platform,” has important strengths, including the many positive reviews that its offering received and that it provides a few services not offered by its main competitors. Conversely, the company is facing very tough competition, it’s far from being profitable, and the valuation of ASAN stock is quite high.
Pullbacks, in terms of technical analysis, generate all sorts of trading opportunities after an active trend thrusts higher or lower, but profiting with this classic strategy is harder than it looks. For starters, the security you just bought on the dips or sold short into resistance can keep on going, forcing your position into a sizable loss,
Lots of blood in the water so let’s decide where to buy some December gifts. For more insights and “buy zones” check out the article version here: https://www.zacks.com/stock/news/1834163/growth-stock-meltdown-roku-and-pypl-vs-nvda-and-ttd Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Robinhood Markets (NASDAQ:HOOD) stock has played out the full boom and bust pattern inside the space of six months. Like so many other meme stocks, Reddit’s preferred stock trading platform went through its own hype cycle this year. Source: Sulastri Sulastri / Shutterstock.com Robinhood completed its initial public offering (IPO) at the end of July