Wish.com parent company ContextLogic (NASDAQ:WISH) stock has been a disaster since its initial public offering. Source: sdx15 / Shutterstock.com Wish went public at an IPO price of $24 in December 2020. The stock rallied as high as $32.85 in February during the Reddit WallStreetBets trading fury. Since then, the stock has dropped like a rock.
Clover Health (NASDAQ:CLOV) stock has few friends on the “buy” side today. Source: Shutterstock According to the Wall Street Journal, five analysts give shares in the Medicare Advantage provider either a “hold” or “sell” rating, with none of them willing to give it a “buy” rating. Worse yet, retail traders haven’t been so keen on it
Andrew Toth | FilmMagic | Getty Images “The Big Short” investor Michael Burry inquired about ways to bet against bitcoin just before the world’s largest cryptocurrency hit a six-month high to breach the $60,000 level. “Ok, I haven’t done this before, how do you short a cryptocurrency,” Burry said in a Wednesday tweet. “Do you have
Even though Microsoft (NASDAQ:MSFT) has a $2.275 trillion market cap, its massive free cash flow (FCF) could push its value even higher. In fact, my calculations show that MSFT stock could trade between 12.6% to 27% higher. Based on its Oct. 14 closing price of $302.75, that puts its value between $340.90 and $384.80 per
With shares moving up following the acquisition of Nanotech, is it time to buy Meta Materials (NASDAQ:MMAT) stock, ahead of its revenues taking off? Not so fast. It’s still down big from the high prices it hit when it first appeared on the radar of meme stock investors. But at $5.31 per share, this smart
After taking investors on a miserable ride for several years, General Electric (NYSE:GE) shares are showing promise. Over the course of just three and a half years, the struggling multinational saw its stock lose over 80% of its value. Once the world’s most valuable company, GE stock collapsed in an epic fashion. However, the turnaround
What Is Social Security? The Social Security program was established in 1935 to provide retirement income for certain U.S. workers. It was later expanded to cover most of the workforce. Today, it remains America’s pension plan and the financial lifeline that many people use to stay afloat in their old age. Social Security provides 37%
On today’s show, Preston and Stig talk to former billion dollar hedge fund manager, Jesse Felder. Jesse provides valuable insights into the market expectations for 2019. IN THIS EPISODE, YOU’LL LEARN: – Why Warren Buffett’s valuation metric for the stock market forecasts around a 0% return over the next 10 years – Why Warren Buffett
Stocks for Investors Interested in the Finance and Audio Products.
Megan Leonhardt | CNBC As third-quarter earnings roll out and 2021 winds down, analysts and investors are looking for which companies can close out the year on a bullish note. Many firms had stellar starts to the year, and are in a tough spot to continue growing at such rapid paces. Costco braved the
Woman pumps gas outside of Wawa storefront Saul loeb Energy prices are surging, and the economy is already feeling the pinch of higher fuel costs though it is far from stalling out. There is an unusual coincidence of much higher oil, natural gas and coal prices, combined with other rising commodities and supply chain disruptions.
Just like in September and many months before that, so far in October, General Electric (NYSE:GE) has been stuck in neutral. Bouncing between $100 and $105 per share, investors are still unwilling to send GE stock to higher prices. Source: Sundry Photography / Shutterstock.com To some degree, this makes sense. CEO Larry Culp has made progress
OpenDoor (NASDAQ:OPEN) stock is the kind of name I’ve learned to avoid. Source: PREMIO STOCK/Shutterstock.com Over my years of investing, I’ve learned–in some cases, the hard way — that buying stocks on weakness is really the best and easiest way to make money in the market. Conversely, buying risky names that are riding positive momentum
Interestingly enough, most U.S. stock traders probably didn’t think much about Chinese ride-hailing giant Didi Global (NYSE:DIDI) until DIDI stock tanked recently. Both the company and the stock have been in the headlines lately, but not with positive news. Source: Piotr Swat / Shutterstock.com Some dabblers in Chinese stocks have learned the hard way that China’s
Richard Branson, Jeff Bezos, Elon Musk Joe Skipper | Reuters; Joe Raedle | Getty Images; Paul Hennessy | SOPA Images | Getty Images 2021 has been a whirlwind for private space tourism, with this week especially crucial for the ventures founded by Jeff Bezos and Sir Richard Branson. While Bezos’ Blue Origin took a step
In this article BAC CAT WFC WBA MS UNH Check out the companies making headlines before the bell: UnitedHealth (UNH) – The health insurer’s shares rose 2.2% in the premarket after beating on the top and bottom lines for the third quarter and raising its full-year earnings forecast. UnitedHealth earned $4.52 per share, 11 cents
On July 30 I wrote that Facebook was likely worth $517 per share, or 44% higher than its price at the time. That was when FB stock was at $358.32 per share. Since then, it has tumbled to just $328.53 as of Oct. 14. I still feel that it is worth my original price, and
A few months ago, the Federal Reserve was talking about “transitory” inflation. The governors at the Fed meant that while inflation was rising swiftly, it wasn’t going to last. But inflation kept rising at a brisk clip and the Fed started to be less sanguine about the transitory nature of inflation. It hedged by telling
The market is hot right now for meme stocks. Over the last 12 months, we have seen the rise of innumerable novel investment strategies. Whether it is the rise of SPACs, special-purpose acquisition companies, or electric vehicle stocks, it has been unprecedented for the markets. But none of the new investment themes is as astounding
Lotteries are a big business. Hopeful individuals dreaming of huge and potentially life-changing cash prizes spend a significant amount of cash every month. Lottery proceeds help fund public sector programs, including education, park services, and funds for veterans and seniors. The Mega Millions and Powerball lotteries have become a key feature of monthly consumer spending