Morgan Stanley is now the biggest General Electric bull on Wall Street after analyst Josh Pokrzywinski raised his target on the stock to $17 on Thursday, up from his prior forecast of $13. Shares of GE briefly topped $14 per share after the markets opened Thursday, setting a new 52-week high before paring gains and
Month: March 2021
A shopper wearing a protective mask checks out at a Costco store in San Francisco, California, on Wednesday, March 3, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell on Thursday: Costco – Costco shares fell 1.3% after the company posted mixed fiscal second-quarter results. Costco
Between October 2007 and November 2008 the Dow Jones lost more than 40%, and investors posted losses of more than $50 trillion globally. In a December 2008 report, AARP said, “The economic downturn underway is likely to be the worst since World War II. Its impact on older Americans could be devastating.” A March 2010
A friend recently asked me the dumbest stock I’ve written about in the past 12-24 months. I answered that I’d have to think about it. However, if we’re talking about recent months, Naked Brand Group (NASDAQ:NAKD) and NAKD stock would be at the top of the list. Source: Shutterstock In November, I wondered why it
Like the frustrated knights of Arthurian legend who tried to withdraw Excalibur from the magical stone that gripped it, many investors have struggled in vain to withdraw profit from a short sale of Tesla Inc. (NASDAQ:TSLA) stock. Source: Shutterstock None has succeeded, except perhaps for a few fleeting moments. Tesla has been defying all skeptics, naysayers, and
I have written several articles about a SPAC (special purpose acquisition company) called Foley Transimene Acquisition Corp II (NYSE:BFT). BFT SPAC is going to merge with a payments company called Paysafe and the stock will be renamed PSFE after the merger closes. I still believe the BFT stock (PSFE stock) is at least 62% too cheap.
This pandemic has presented the global economy with an unprecedented challenge. The level of globalization, ease of travel from one country to another and the ensuing shutdowns contributed to the sharpest economic decline the developed world has ever seen. These conditions also made for unprecedented volatility in the stock market, sending even high-quality dividend stocks
The SpaceX Falcon 9 rocket and Crew Dragon capsule stand upright on the launchpad at NASA’s Kennedy Space Center ahead of the Demo-2 launch. Elon Musk’s SpaceX denounced a subpoena from the Department of Justice for its corporate hiring records, saying in a court filing that the investigation by the federal agency’s Immigrant and Employee
The logos of Google, Facebook, Instagram, Twitter, Snapchat and TikTok displayed on a computer screen. Denis Charlet | AFP via Getty Images Is it time for an ETF that measures hype? Measuring the buzz around stocks mentioned in social media is all the rage. Now there’s an exchange-traded fund for that. The Van Eck Vectors
A worker wearing a protective mask boxes a pizza inside a Costco store in San Francisco, California, on Wednesday, March 3, 2021. David Paul Morris | Bloomberg | Getty Images Hiring likely improved in February as more of the economy reopened, but winter weather could have hampered some activity. Economists expect to see 210,000 payrolls
Contrarian investors seeking to capitalize on stock market declines can profit during a bear market using an inverse exchange-traded fund (ETF). A bear market is typically defined as a situation where securities prices fall 20% or more from recent highs amid widespread investor pessimism. The spread of COVID-19 and its effect on investor sentiment triggered a
Brian Hamilton gives us two growth and income stocks for 2018. Triton International: https://www.zacks.com/stock/quote/TRTN?cid=CS-YOUTUBE-FT-VID KLA Tencor: https://www.zacks.com/stock/quote/KLAC?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
Recently, the markets witnessed a relatively sharp correction. But there were some stocks that remained resilient. For example, Altria (NYSE:MO) has returned 7.3% in the last one month. On the other hand, stocks like Tesla (NASDAQ:TSLA) significantly underperformed, delivering negative returns of 23.5% in the same period. Similarly, Canadian Solar (NASDAQ:CSIQ) delivered -26.7%. Yet, all
In late September, you could have purchased shares in Bionano Genomics (NASDAQ:BNGO) for a mere 27 cents a share. The company had been mostly marginalized on Wall Street. But things would suddenly change in a very big way. BNGO stock would go on to soar to a high of $15.69. Source: Connect world / Shutterstock.com
After Nikola (NASDAQ:NKLA) was left for dead by many investors and pundits last year, the company’s recent fourth-quarter earnings conference call shows that the company is very much alive. Actually, I think that Nikola looks positioned to benefit tremendously from the “green” revolution, making NKLA stock very much worth buying. Source: Stephanie L Sanchez /
Chinese tourists wear masks as protection from the pollution outside the Forbidden City during a day of high pollution in Beijing, China. Getty Images Sustainable investing is taking off in Asia-Pacific as institutional investors accelerated their environmental, social and governance (ESG) investments during the coronavirus pandemic last year. ESG investing prioritizes a company’s positive contributions
American Eagle clothing and accessories retailer American Eagle store seen in Tokyo. Budrul Chukrut | SOPA Images | Light Rocket | Getty Images Check out the companies making headlines after the bell on Wednesday: American Eagle Outfitters – The clothing company’s stock jumped 4.2% on the back of better-than-expected results for the fourth quarter. American
Investors looking to enjoy the touch, feel and security of owning gold may wish to buy gold bars instead of intangible investments such as gold exchange-traded funds (ETFs). Physical, investment-grade gold, also referred to as gold bullion, can be purchased at spot price, which is the price of un-fabricated gold plus additional costs, which vary
Nano Dimension (NASDAQ:NNDM), an Israeli biotech firm with just $400,000 in revenue in its last quarter, has raised over $1.4 billion in the past six months. The company seems to be in the business of raising cash through equity offerings. Now the market has caught on and its cash-raising business could be over for NNDM stock.
The commercial got a lot of attention when it aired during the Super Bowl. And it was definitely funny. Source: Shutterstock It just wasn’t exactly accurate. You probably saw the commercial. It featured well-known actor and comedian Will Ferrell, who was absolutely enraged because “Norway is out EVing us”… meaning beating us in electric vehicles.