Month: September 2020

Workers install a Nike logo lamp outside the Wukesong Arena in Beijing, August 28, 2019. Tingshu Wang | Reuters Check out the companies making headlines after the bell: Nike — Shares of the athletic retailer soared more than 9% in extended trading on Tuesday after reporting better-than-expected fiscal first quarter earnings. Nike reported earnings of 95
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Today I wanted to highlight five high-yield dividend stocks that also have a very cheap price. They sell well below the company’s tangible book value per share. In addition, the companies have low price-earnings (P/E) multiples. Selling below tangible book value means that the stock is below shareholders’ equity after deducting intangible assets. Typically these
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There hasn’t been much to get investors excited about Intel (NASDAQ:INTC) recently. Semiconductor stocks have been one of the hottest sectors to buy. But while Advanced Micro Devices (NASDAQ:AMD) and Nvidia (NASDAQ:NVDA) have grabbed the headlines, Intel stock has been lagging behind. Source: JHVEPhoto / Shutterstock.com Intel is already facing a loss of revenue as
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Up 25% year to date, Microsoft (NASDAQ:MSFT) is a gift that keeps on giving this year. There are several hot reasons to invest in MSFT stock that have helped it succeed amid the novel coronavirus pandemic. But now one of those hot reasons — its prospects in gaming — is even hotter. Source: The Art
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Take a look at some of the biggest movers in the premarket: Amazon.com (AMZN) – Bernstein upgraded Amazon to “outperform” from “market perform,” saying a 16% drop in the stock over the past few weeks has created an attractive entry point. Bernstein highlights Amazon’s growth prospects, noting a 50% increase this year in fulfillment capacity.
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Stocks started off with a painful drop in Monday morning’s trading session and investors are still trying to figure out the depth of this decline. In the meantime, let’s look at a few top stock trades.  Top Stock Trades for Tomorrow No. 1: Roku (ROKU) Roku (NASDAQ:ROKU) came to a distribution agreement with Comcast’s (NASDAQ:CMCSA)
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AMD’s (NASDAQ:AMD) surge from mediocrity to rising star has been mainly based on two developments. Specifically, its computer processing units (CPUs) have become smaller and faster than those of its main competitor in the PC/laptop market,  Intel (NASDAQ:INTC), and it makes outstanding graphics processing units (GPUs) for video games. Unfortunately for AMD and the owners
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[embedded content] Chewy (NASDAQ:CHWY) stock has been on fire in 2020, at one point rising as much as 140% year-to-date on the back of abundant investor optimism that the company is the midst of pioneering a future wherein we buy all of our pet food and toys online. Source: designs by Jack / Shutterstock.com This
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Listen to Preston’s podcast about studying billionaires here: https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489 Warren Buffett is the chairman and the biggest shareholder of investment firm Berkshire Hathaway. The company owns MidAmerican Energy, Geico, and Clayton Homes. It also has shares in American Express, Coca-Cola, and Wells Fargo. Buffett, who is dubbed as the “Oracle of Omaha,” currently has a
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With President Trump’s new tax law, the child tax credit was raised from $1,000 to $2,000 per child for 2018 and 2019.  Having qualified dependent children may also allow you to claim other significant tax credits, including the earned income credit (EIC). Together, the tax savings can be significant for many American families. However,
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Nikola Motor Company Source: Nikola Motor Company In recent months, three story lines have captivated Wall Street: SPACs, electric vehicle companies and the rise of retail traders. The outsized success of the first two, and novice investors entering the market in record numbers, have led some investors to claim this is an indication of froth.
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Nikola Motor Company Two truck Source: Nikola Motor Company Check out the companies making headlines after the bell:  Nikola — Shares of Nikola fell about 1% in extended trading, adding to steep losses on Monday. The decline came after Nikola founder and executive chairman Trevor Milton announced his resignation overnight. Milton’s departure follows short seller
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Take a look at some of the biggest movers in the premarket: Nikola (NKLA) – Nikola founder Trevor Milton is stepping down as executive chairman of the electric truck maker, amid allegations from short-seller Hindenburg Research that it had misled investors and automakers. Royal Caribbean (RCL), Norwegian Cruise Line (NCLH) – A cruise industry panel has
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With Nike (NYSE:NKE) facing supply and demand challenges and its shares’ valuation quite high, I would recommend avoiding Nike stock at this point. Source: TY Lim / Shutterstock.com On the supply front, near-term inventory shortages, along with risks to the company’s supply chain in China, make me cautious on the name. Meanwhile, macroeconomic challenges could
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Check out the companies making headlines before the bell: Snowflake (SNOW) — Shares of Snowflake dropped more than 6% after the cloud company’s shares more than doubled at its market debut on the New York Stock Exchange. The initial public offering marked the largest software debut ever. Snowflake was worth $70.4 billion at the end of Wednesday’s trading, more
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