Month: November 2020

Could all those retirees in Florida and Arizona have it wrong? For decades, older Americans have migrated south once they left the workforce, settling in states where they can enjoy year-round sunshine. But according to a report from the Center for the Future of Aging of the Milken Institute—a think tank that focuses on economic and
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For many people, converting a traditional IRA to a Roth IRA is a good move. With Roth IRAs, there are no required minimum distributions (RMDs), the money grows tax-deferred, and qualified distributions are tax-free. One drawback, though, is that if your traditional IRA contains both deductible (before-tax) and nondeductible (after-tax) amounts, you must treat the
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“Quantitative easing” refers to steps that the U.S. Federal Reserve takes in attempting to boost the country’s lagging economy. Historically, the Fed’s main tool for spurring growth has been lowering short-term rates. However, QE employs expansionary monetary policy, which involves the purchasing of bonds when the interest rate can no longer be lowered. In September
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A Nov. 9 press release from Pennsylvania-based mergers and acquisition litigation specialist Brodsky & Smith LLC caught my attention. It centers around the pending merger between special purpose acquisition company Landcadia Holdings II (NASDAQ:LCA) and Golden Nugget Online Gaming Inc. If you own LCA stock, you might want to reconsider your position. Source: rawf8/Shutterstock.com Here’s
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Trading at a low valuation, especially for a growing company in the tech sector, McAfee (NYSE:MCFE) has some significant, positive attributes. Nonetheless, I advise investors to wait until after the company reports its third-quarter results before buying MCFE stock. Source: Tada Images / Shutterstock.com McAfee has outstanding products, a high number of customers, a strong
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Caterpillar Inc. excavators are displayed for sale at the Whayne Supply Co. dealership in Louisville, Kentucky, U.S., on Monday, Jan. 27, 2020. Luke Sharrett | Bloomberg | Getty Images This week, investors shifted money away from high-flying tech stocks, and into beaten-down groups like energy, industrials and real estate. These sectors, which are more sensitive
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Medical syringes are seen with Moderna company logo displayed on a screen in the background in this illustration photo taken in Poland on October 12, 2020. Jakub Porzycki | NurPhoto | Getty Images Check out the companies making headlines before the bell: Energizer Holdings (ENR) – The maker of batteries and other consumer products reported
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It’s dangerous to buy dividend stocks solely for their high yields. Even a cursory look at recent performance shows the risk. Widely-held names like IBM (NYSE:IBM), AT&T (NYSE:T), and Altria (NYSE:MO) for years have seemed attractive due to dividend yields that often cleared 5%. All three stocks have seen steady declines for years now. To
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As a hypergrowth investor, I spend a large portion of my time analyzing emerging small-cap stocks that could turn into the “next big thing.” I’m constantly searching for big 10X winners and the next Apple (NASDAQ:AAPL), Netflix (NASDAQ:NFLX), and Facebook (NASDAQ:FB). Source: Shutterstock Indeed, I’ve found more than a few 10X winners. Like Advanced Micro
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The stock market is consolidating today following its big rally on Monday, which saw the S&P 500 and Dow surge to new record highs on massive volume. As I said in Tuesday’s Market360, the rally was a “mean reversion” rally and a big shift out of growth and into value. Source: Michael Vi / Shutterstock.com The good
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CNBC’s Jim Cramer said Thursday he believes some on Wall Street have become too optimistic about the market in the face of surging coronavirus cases and hospitalizations, suggesting investors will find better entry points into stocks. “I think there’s too many people who are positive. I think you let it come in a little,” Cramer
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Chuck Robbins, CEO, Cisco Systems, speaking at the World Economic Forum, Davos, Switzerland, January 21, 2020. Check out the companies making headlines after hours on Thursday: Cisco Systems — Cisco shares rallied nearly 9% in after-hours trading on the back of better-than-expected results for its fiscal first quarter. The company reported earnings per share of
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Workhorse (NASDAQ:WKHS) delivered some positive news in conjunction with its recently unveiled third-quarter results. The upbeat developments, however, do not come close to justifying the still-huge valuation of WKHS stock. Concerns include accusations of quality issues and the lack of clarity of the company’s outlook. Source: Photo from WorkHorse.com In a nutshell, Workhorse announced, in
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The media likes to focus on Zoom Video (NASDAQ:ZM) as its poster child of a novel coronavirus stock winner. But Overstock.com (NASDAQ:OSTK) has quietly eclipsed the tech platform’s shares, with OSTK stock rising more than six-fold year-to-date, 40% more than Zoom. Source: Burdun Iliya / Shutterstock.com Unfortunately, that’s not any consolation to recently buyers. OSTK
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