Take a look at some of the biggest movers in the premarket: United Parcel Service (UPS) – UPS reported quarterly earnings of $2.66 per share, beating a consensus estimate of $2.14 a share. The revenue also came in above estimates for the holiday quarter. Among the factors boosting the bottom line: a 7.8% increase in
Month: February 2021
Kevin Matras talks about delta and how it can help you decide which options to get into.
Many investors are hesitant to buy individual commodities, but exchange-traded funds (ETFs) make this area accessible to a broader range of investors. Commodities can be a useful hedge against inflation, and they help diversify investment portfolios beyond more traditional stocks and bonds. Commodities such as silver and palladium also are seen as safe havens in
I’ll admit it: from a short-term perspective, I’ve been wrong so far on Electrameccanica Vehicles (NASDAQ:SOLO). I’ve been steering investors away from SOLO stock since last year. Yet, the name has been one of the bigger winners of the nice rally in electric vehicle (EV) stocks since November. Source: Luis War / Shutterstock.com I’m even
The EV Revolution arrived on Wall Street with a bang in 2020. All EV stocks — from the Tesla (NASDAQ:TSLA) mothership down — soared. One of the biggest winners was solid-state EV battery maker QuantumScape (NYSE:QS). QS stock, once a $10 stock in late 2020, soared as high as $130 just before Christmas 2020. Source:
Electric vehicle (EV) companies are succeeding by turning existing transportation models upside down. Moreover, the public is finally buying into the EV vision in a big way. As a result, EV stocks had a banner year in 2020. For instance, Canoo (NASDAQ:GOEV) closed it out with a massive surge in price. However, that was followed
Atlanta Federal Reserve President Raphael Bostic said Monday that he’s not worried about the U.S. economy overheating, though he does think growth could happen faster than many expect. In an estimate well ahead of most of his colleagues, Bostic, a voting member of the policymaking Federal Open Market Committee, recently drew attention for saying that
Jakub Porzycki | NurPhoto | Getty Images GameStop stock has defied gravity in the past and it could again, but there are some signs its stock may be topping out, some strategists say. GameStop was down sharply Monday, off more than 30% at $225. It has been the poster child of a group of stocks
Online brokers and robo-advisors let you open a variety of accounts, but for people taking advantage of the tax benefits of an Individual Retirement Account (IRA), a few other features come in handy. The best IRA accounts are either traditional stock brokers or robo-advisors that have excellent retirement planning tools and reporting. We looked for
This weekend, as the #silversqueeze hashtag made its way across the internet, silver prices forebodingly edged past the $30 mark – the highest it’s been since the beginning of 2013. With a physical metal shortage on the horizon, Redditors and Wall Street pros alike are starting to ask themselves: can another $SLV short squeeze happen?
I know what it’s like to be aligned with the latest phenomenon in the market: r/WallStreetBets, the subreddit on social media platform Reddit that has driven failing video game retailer GameStop (NYSE:GME) to the moon. But when it comes to WSB’s latest target Naked Brand (NASDAQ:NAKD), I’ve got to reassess whether I’m an advocate of
If you have to think about the answer, you’re not a very good investor in my opinion. That’s because Hims & Hers Health (NYSE:HIMS) plays in a segment of health care that continues to be ripe for growth, while GameStop (NYSE:GME) is a broken company with a possible second act. At current prices, you can
Nio (NYSE:NIO) stock showed record-breaking performance over the past year, returning more than 1,100%. Put another way, $1,000 invested in NIO stock in late January 2020 would now be more than $12,000. Source: xiaorui / Shutterstock.com On Wall Street, 2020 was the year of electric vehicle (EV) and alternative energy stocks. According to recent metrics,
The WallStreetBets forum on the Reddit Inc. website on a laptop computer and the GameStop logo on a smartphone arranged in Hastings-On-Hudson, New York, U.S., on Friday, Jan. 29, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images GameStop shares were volatile in pre-market trading on Monday as the Reddit-fueled frenetic trading continues. Shares of the
Take a look at some of the biggest movers in the premarket: Otis Worldwide (OTIS) – The world’s biggest producer of escalators and elevators reported quarterly earnings of 66 cents per share, 7 cents a share above estimates. Revenue came in above estimates as well and Otis issued a better-than-expected earnings forecast for 2021. Otis
This week’s video covers two companies where management has made key decisions for the future of their respective companies; Johnson & Johnson (JNJ), and International Paper (IP). Johnson & Johnson: https://www.zacks.com/stock/quote/JNJ?cid=CS-YOUTUBE-FT-VID International Paper: https://www.zacks.com/stock/quote/IP?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
Visa Inc. (V) is one of the dominant digital payments brands globally, providing services in more than 200 countries and territories to individual consumers, merchants, financial institutions, and governments. The company provides a broad range of services, which include authorization, clearing, and settlement services for financial institutions and merchants. Additionally, while Visa does not issue
As I’ve said before, Sundial Growers (NASDAQ:SNDL) stock is a legalization lottery ticket. That is to say, shares could see outsized returns whenever the U.S. government legalizes marijuana. The prospects of that happening may look stronger now than they did a few months back. but it’s far from a lock it’ll happen in the coming
Advanced Micro Devices (NASDAQ:AMD), one of the largest makers of computer and graphics chips, released robust fourth-quarter results on Jan. 26, beating on top and bottom lines. But following the announcement, investors decided to hit the “sell” button in AMD stock. Source: Fabio Alcini / Shutterstock.com Despite the rapid drop in AMD shares in recent
The fine folks at Reddit already think I’m a useless pile of manure so this take will be injurious to me because it might strike a little too close to home. Nevertheless, I think it’s substantially relevant for Pershing Square Tontine (NYSE:PSTH), the special purpose acquisition company that billionaire activist investor Bill Ackman sponsors. As