Shares of Carnival Corporation (NYSE:CCL) are down roughly 27% after canceling its entire U.S. fleet until Dec. 31. With the CDC’s no-sail order expiring late last month, investors felt the cruise liner would quickly get the ball rolling again. However, the opposite has transpired so far, with the company in no mood for a fast
Month: November 2020
Stocks can be cheap for a number of reasons and not all cheap stocks always offer value. Therefore, investors need to do due diligence to find bargain stocks that could also bring solid returns. Today’s article introduces seven of the best cheap stocks that also offer value. Over 80 years ago, economist Benjamin Graham, who
After soaring higher and higher, a handful of Chinese electric vehicle names are slipping on Wednesday. Beloved Nio (NYSE:NIO) stock is joined in the red by Xpeng (NYSE:XPEV) and Li Auto (NASDAQ:LI). Is it just a change in sentiment? Or is something else plaguing these EV stocks? Dive in below. Source: Scharfsinn / Shutterstock.com Well,
U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell are seated to testify before a House Financial Services Committee hearing on oversight of the Treasury Department’s and Federal Reserve’s coronavirus disease (COVID-19) pandemic response on Capitol Hill in Washington, U.S., September 22, 2020. Joshua Roberts | Reuters The Federal Reserve could provide clues
Take a look at some of the biggest movers in the premarket: Gap (GPS) – Gap reported quarterly earnings of 25 cents per share, missing consensus estimates by 7 cents a share. The apparel retailer’s revenue beat forecasts, however. Gap’s bottom line was hurt by increased marketing and shipping costs resulting from a shift to
If it seems like free checking accounts are becoming a thing of the past, you’re not totally wrong. A number of large banks have either given them up altogether or started charging a fee if your account balance doesn’t exceed a minimum level. Bank of America was the latest domino to fall. In January, it
Applied Optoelectronics (AAOI) and Ichor Holdings (ICHR) are Profiled. Applied Optoelectronics: https://www.zacks.com/stock/quote/AAOI?cid=CS-YOUTUBE-FT-VID Ichor Holdings: https://www.zacks.com/stock/quote/ICHR?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Many economic sectors have seen revenue and profits collapse over the course of 2020, due to the coronavirus pandemic. Industries such as energy, restaurants and retailers are among the hardest-hit areas of the economy. But not all industries are struggling – alcohol stocks continue to generate strong profits and steady growth throughout the year. The
Hyliion (NYSE:HYLN) stock is one of the SPAC-funded, electric-vehicle names that have recently hit the markets. Investors know all about Nikola (NASDAQ:NKLA) and its woes. Lordstown Motors (NASDAQ:RIDE) and Fisker (NYSE:FSR) are two of the other EV companies that have obtained funding by merging with a SPAC. But Hyliion stock is not as well-known as
ElectraMeccanica (NASDAQ:SOLO) stock has caught fire recently, surging from about $2.50 to $9 in less than two months, as Wall Street has grown increasingly bullish on the electric vehicle megatrend. That’s a huge rally. And I’m here to tell you that this jaw-dropping breakout in SOLO stock is just the beginning. There are really two big things
With Thanksgiving just two days away … I offer you my special “Turkey Day” MoneyLine podcast. Source: Shutterstock It’s one of the most information-heavy and idea-packed shows I have ever recorded. It’s a special thank you to my loyal followers — and a nice little bonus to give you an edge at your holiday get-togethers.
Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said Tuesday that some of the stock gains in the market are “insane,” with investors recently buying certain names from Tesla to Royal Caribbean seemingly without regard for fundamentals or the state of the coronavirus pandemic and holding onto them. “Where are the profit takers” after
A person walks into the Nordstrom store open for business as New York City moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 29, 2020 in New York, New York. Rob Kim | Getty Images Check out the companies making headlines after hours on Tuesday: HP Inc. —
Black Friday is the name given to the first day after Thanksgiving. It is one of the most important retail and spending events in the United States. Every holiday season prognosticators make predictions about the level of sales on Black Friday, and investor confidence may be affected by whether or not those expectations are met or
Johnson & Johnson (NYSE:JNJ) is one of America’s most well-known brands, and it also has the largest market capitalization of any healthcare company in the U.S. But is JNJ stock a buy today? Source: Alexander Tolstykh / Shutterstock.com In fact, the 134-year-old company still has quite a bit going for it. It is broadly diversified,
Sundial Growers (NASDAQ:SNDL) is a Canadian cannabis company that is fast running out of cash unless sales and cash flow turn around soon. SNDL stock is a penny stock listed on NASDAQ with lots of risks. Serious investors should avoid this stock like the plague. Source: Shutterstock You can see the problems that Sundial is
Palantir Technologies (NYSE:PLTR) reported excellent earnings on Nov. 12 for Q3. PLTR stock should do quite well over the next year if it continues to roll out reports like this. Source: Sundry Photography / Shutterstock.com Moreover, Palantir seems to be on a path to generate positive free cash flow. Once it does that PLTR stock
There’s been a flurry of activity in the electric vehicle space this year. Last-mile delivery specialist Workhorse (NASDAQ:WKHS) is just one of many purveyors of new-generation vehicles. So, why should anyone choose WKHS stock over other investments? Source: Photo from WorkHorse.com That’s a valid question, and we have to scratch beneath the surface to see what’s
After Wall Street digested more positive coronavirus vaccine news and investors grew more optimistic on the reopening trade, CNBC’s Jim Cramer on Monday unveiled a list of “return to normalcy” stocks. “I think you have to buy a couple of these vaccine winners on any weakness, although when it comes to retail, I just say
Check out the companies making headlines midday Monday: AstraZeneca — Shares of British pharmaceutical giant AstraZeneca fell more than 3% after the company said clinical trials showed its coronavirus vaccine has an average efficacy of 70% in preventing the virus. Its competitors Pfizer and Moderna previously said their Covid-19 vaccine candidates were more than 90%
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