Month: June 2020

In two previous columns, I’ve discussed the threats that Advanced Micro Devices (NASDAQ:AMD) is facing from its relatively weak artificial intelligence capabilities and its dependence on China. There are clear indications that both of those problems are intensifying, making AMD stock very risky at its current levels. Source: Grzegorz Czapski / Shutterstock.com AMD is still
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Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In Unit 3, Lesson 2, we learned about psychology of the stock market and how most traders rely on instincts opposed
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MGM Resorts (NYSE:MGM) stock represents an investment in one of the country’s leading gaming companies. MGM has a world-class group of properties in Las Vegas. It also has numerous regional casinos around the country, and it has a strong foothold in Macau as well. Source: Jason Patrick Ross / Shutterstock.com As you might expect, investors
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The great rotation continues, with some of the most down-trodden names leading the market higher: industrials, airlines, financial institutions, and energy companies. Powerful monetary and fiscal stimulus programs are keeping stocks aloft, as investors continue to shift funds to parts of the market they believe will be helped by economic reopenings. So far, the market has
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When accusations against Luckin Coffee’s (NASDAQ:LK) accounting of false sales proved true, investors rightfully headed for the exits. LK stock fell from the mid-$20s and settled at $2.16. Source: Keitma / Shutterstock.com The miniature rallies will not likely have enough momentum to offset investors who bought shares in the $30s and $40s. Still, the company
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Rick Smith, CEO of Axon Enterprises. Adam Jeffery | CNBC Shares of law enforcement supplier Axon Enterprise spiked more than 9% in premarket trading after protests against police brutality turned violent in many cities across the country.   Axon, formerly known as Taser International, sells electrical weapons and body cameras for law enforcement officers. The stock’s jump
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The gross profit margin is helpful in determining how well a company is generating revenue from the costs involved in producing their goods and services. The gross profit margin is the percentage of revenue that exceeds the cost of goods sold (COGS). The higher the percentage, the more efficient the company’s management is in generating profit for every dollar of the direct costs involved. Key
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Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, students learned the importance of investing in vigilant leaders. A vigilant leader is a manager that won’t put
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