When recessions strike, the share prices of just about every company fall. This is because stocks are forward-looking and tend to overreact to both the upside and the downside. And when recessions do strike, investors rapidly discount negative earnings growth in the form of lower share prices. For some stocks, however — like Walmart (NYSE:WMT)
Month: January 2021
“Time is money.” Source: Shutterstock It’s as true now as when Ben Franklin wrote that back in 1748 in his essay, Advice to a Young Tradesman. It takes time to compound your money and multiply your wealth. On the other hand, time spent out of the market often (usually!) results in lost profits. And here’s
Signs of China Telecom, China Mobile and China Unicom are seen during the China International Import Expo (CIIE) at the National Exhibition and Convention Center in Shanghai, China, Nov. 5, 2018. Aly Song | Reuters The New York Stock Exchange will delist three Chinese telecommunication giants after all. The stock exchange will remove U.S.-traded shares
A SunPower executive on site at the California Valley Solar Farm near Santa Margarita, Calif., in San Luis Obispo County. Michael Macor | San Francisco Chronicle | Hearst Newspapers via Getty Images Check out the companies making headlines in midday trading. SunPower – The solar company surged more than 18% as investors eyed the Georgia
The joys of self-employment are many, but so are the stressors. High among those is the need to plan for retirement entirely on your own. You are in charge of creating a satisfying quality of life post-retirement. When it comes to building that life, the earlier you start, the better. Luckily, there are several retirement
Short-term rental platform Airbnb (NASDAQ:ABNB) rewarded investors with holiday cheer to close out 2020. However, Airbnb stock is still not out of the woods regarding the pandemic. Source: BigTunaOnline / Shutterstock.com The lockup period after its initial public offering (IPO) has just come to an end. This, combined with the continuing pandemic, adds more than
Back on Nov. 23, I laid out the fundamental bull case for Chinese electric vehicle manufacturer Xpeng (NYSE:XPEV) stock. Source: Andy Feng / Shutterstock.com First, the company is plying its trade in an incredibly relevant sector. Second, it’s delivering the goods, both in terms of attractive EVs and strong financials. And we can’t forget that
Shares of leading lidar-sensor maker Luminar Technologies (NASDAQ:LAZR) were up almost 89% in December. LAZR stock still has a lot of volatility in its future, though. Source: Shutterstock Luminar recently completed its merger with blank-check company Gores Metropoulos raising almost $600 million in proceeds. The deal will speed up the commercialization of Luminar’s lidar-sensor technology
Source: Oatly Vegan milk brand Oatly is planning a 2021 initial public offering that could raise $1 billion, sources familiar said. The company, which is backed by Blackstone, Oprah Winfrey and Natalie Portman, has hired Morgan Stanley, JPMorgan Chase and Credit Suisse to manage the offering, sources said. Oatly’s valuation will depend on the status
Voters line up early in the morning to cast their ballots in the U.S. Senate run-off election, at a polling station in Marietta, Georgia, U.S., January 5, 2021. Mike Segar | Reuters If Georgia voters surprise the market by electing two Democratic Senators in Tuesday’s runoff election, bond yields could immediately go higher and stocks
What Is a 529 Savings Plan? According to a research report from CollegeBoard.org, for the 2020 to 2021 school year, the cost of attending a public college for an in-state student was approximately $10,560, including tuition and fees. For out-of-state students the cost nearly tripled, $27,020. A year at a private college averaged even more: $37,650. Families need to
I can see why many investors are excited about Jumia (NYSE:JMIA). Basically, JMIA stock is a bold bet on the rise of e-commerce in Africa. Yet — while it has the potential to scale into a massive online shopping powerhouse — you shouldn’t put the cart before the horse. Source: Christopher Penler / Shutterstock.com That is
Many market participants often flock to the latest 13F filing for the wealthy and well-known investors as they become available each quarter. Investors are often anxious to see what the likes of Warren Buffet and others are buying and selling. While most of us will never know the kinds of wealth that these individuals have,
Happy New Year! Source: Shutterstock I hope everyone had a wonderful holiday season and got the chance to safely see some loved ones and relax. I know I did, and now I am ready to face 2021 head on. A new year brings new opportunities … opportunities in the stock market and in many areas
Wall Street on Monday labored through a tough day to open the new trading year, which prompted CNBC’s Jim Cramer to break down the top investing themes he’ll be watching in 2021. Investors should keep secular trends in mind because they are the best ways to approach a marketwide sell-off, the “Mad Money” host said
Cases of eggs from Cal-Maine Foods, Inc., await to be handed out by the Mississippi Department of Agriculture and Commerce employees to several hundred families along with over 1,400 boxes of meat products from Merchants Foodservice and 2,200 gallons of milk from Borden Dairy, at the Mississippi State Fairgrounds in Jackson, Miss., Aug. 7, 2020.
The controller oversees the accounting operations of a company. This senior position generally requires years of proven experience in various levels of accounting. A controller’s job duties span a broad gamut. Generally speaking, in smaller companies, the controller must take on more duties. In a small business, it is common for the controller to have
2020 was a huge year for electric vehicle (EV) companies. Kaixin Auto Holdings (NASDAQ:KXIN) is not one of the more famous stocks within the sector. However, it did make a splash this fall. KXIN stock shot up as much as 1,000% at one point, soaring from under a buck up to $8. Shares have given back
Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) still looks attractive despite its good run during 2020. Google stock rose 31% during 2020, although most of that gain was in Q4 when it rose 19.6%. But that is good since it shows that the market believes the tide is turning in Google’s fundamental business. Source: turtix / Shutterstock.com And don’t be
Luckin Coffee (OTCMKTS:LKNCY) has been moving up ever since the Dec. 17 report was published from the company’s joint provisional liquidators (JPL). Since then LKNCY stock has been spiking. I believe that it could go much higher from here. Source: NewsToday / Shutterstock.com At one point the stock went from $3.74 before the report to