Exxon Mobil (NYSE:XOM) stock looks like it is significantly undervalued at today’s price. On July 8, it closed at $60.14, but XOM stock has a very attractive valuation. For example, it sports a very healthy 5.76% dividend yield and trades for just 16 times this year’s forecast earnings. Source: Jonathan Weiss / Shutterstock.com My valuation
Month: July 2021
In most cases, taking longshot bets in the market don’t pan out. However, for those brave contrarians that bought publicly traded securities during the initial onslaught of the novel coronavirus pandemic, they managed to accrue incredible profitability. Many onlookers quickly followed with their own money, making the case for buying super-safe dividend stocks less appealing
The U.S. may be on the verge of a major infrastructure spending plan, and a looming infrastructure bill could be a major boost to the nation’s infrastructure stocks. Infrastructure across the country is in need of repair. Investors should always be on the hunt for potential growth catalysts. Indeed, one potential catalyst is underway today
After an impressive run in this year’s first half, the stock of cryptocurrency mining company Marathon Digital Holdings (NASDAQ:MARA) stock looks to now be played out. Source: Shutterstock The company specializes in mining Bitcoin (CCC:BTC-USD) and other cryptocurrencies by solving cryptographic equations with ultra-powerful computers has enjoyed a spectacular run in the past six months. Year-to-date,
Investors will conclude that Workhorse Group’s (NASDAQ:WKHS) strong rally from single-digit lows this year is irrational, but traders won’t overthink the strong gains from WKHS stock recently. Source: rblfmr / Shutterstock.com The clean energy and electric vehicle sector peaked in February. As prices fell to lows not seen since last year, speculators emerged to bet
As seen from booming travel numbers over the July 4 holiday, it’s clear that it’s not just hype that’s fueled a reopening rally for travel stocks. After getting hammered at the onset of the Covid-19 pandemic, major stocks in the airline, casino, cruise line, and hotel industries have bounced back tremendously from their lows. Things
Other than a massive trading spike in Feb. 2020 to $24.90, Vaxart (NASDAQ:VXRT) has gone nowhere. A mid-June upgrade from Piper Sandler to an “overweight” rating temporarily lifted VXRT stock, but its price remains low. Source: Photo courtesy of Vaxart, Inc. When vaccines are making headlines every day, why are Vaxart shares underperforming? And why
Investors should avoid Clean Energy Fuels (NASDAQ:CLNE) stock for now. I say that despite the fact that the shares have positive catalysts, including backing from the Reddit crowd and an ESG-friendly business. Source: ZikG / Shutterstock.com Beyond those tenuous tailwinds, there are obvious signs that Clean Energy Fuels isn’t trending up. In fact, there are
How should investors understand ContextLogic (NASDAQ:WISH) stock currently? After all, it doesn’t look like its price is currently being affected much by short interest. That short interest has fallen quickly and sat at 5.38% on July 1. Those levels should hardly have any discernible effect on share prices at all. Source: sdx15 / Shutterstock.com Perhaps
I hate to be a wet blanket. There’s a whole lot of buzz and enthusiasm surrounding San Francisco-based technology firm Marin Software (NASDAQ:MRIN) stock. Source: Gil C / Shutterstock.com Traders may be partying like there’s no tomorrow, but every party must come to an end, sooner or later. There’s been strong upward momentum in the share
Marin Software (NASDAQ:MRIN) stock has been on a roller coaster ride for the past several weeks. On June 16, it was at $1.64 per share, but then it shot up to $24.14 by July 6. It closed last week at $17.36, sporting a $190.4 million market capitalization. MRIN stock cannot sustain this valuation. The stock
Uber Technologies (NYSE:UBER) has yet to make any form of profitability. Its latest quarterly release showed that earnings were lousy and cash flow was still negative. Moreover, its cash in the bank fell and long-term debt rose. Don’t expect UBER stock to ever get profitable at this rate. This is despite what analysts are projecting.
Since I last wrote about Churchill Capital Corp IV (NYSE:CCIV) stock, much water has passed under the bridge. Source: gg_photography / Shutterstock.com We are ten days away from the inevitable merger of the SPAC with electric vehicle manufacturer Lucid Motors. Due to the previous delays of the merger, CCIV stock lost steam during the pre-merger
Kellogg Co. (K), known for its Kellogg’s brand breakfast foods, is a global food company that sells cereals and snacks such as Cheez-It crackers, Pringles and Eggo waffles. Kellogg was founded as the Battle Creek Toasted Corn Flake Company in 1906. Since then, the company has expanded into a sprawling multinational that manufactures products in
JPMorgan Chase & Co. (JPM) is a global financial services holding company and the largest U.S. bank by total assets. The company traces its origins back as far as 1799, when The Manhattan Co. was founded in New York City. The bank’s current form is built on the foundations of more than 1,200 predecessor institutions,
Lockheed Martin Corp. (LMT) develops, manufactures, and sells advanced technology products in the areas of aeronautics, defense, energy, telecommunications, and more. The company was formed in 1995 through the merger of defense contractors Lockheed Corp. and Martin Marietta Corp. Since this merger, Lockheed Martin has dramatically strengthened its position as one of the primary contractors
You may have heard about iron condors, a popular option strategy used by professional money managers and individual investors. Let’s begin by discussing what an iron condor is, and then how you can benefit from learning how to trade them. What Is an Iron Condor? An iron condor is an options strategy that involves four
Lading is the activity or process of loading cargo onto a ship or other vessel. A bill of lading is a document that is provided to the shipper upon pickup and is then given to the receiver upon delivery. In international trade, the document ensures that an exporter is paid and an importer receives their
Choosing the right health insurance policy involves knowing the benefits and limitations of your options and giving some thought to your individual and family requirements. Two of the most popular options are compared here. Preferred provider organizations (PPOs) are a popular type of health plan in which the group contracts with a network of healthcare
A merger is defined as an agreement between two existing companies to unite into a single combined entity. Companies engage in this activity to create shareholder value by increasing market share or by foraying into new business segments. For example, in August 2017, Dow Chemical, the mega-maker of plastics, chemicals, and agricultural products, famously merged with polymer manufacturer DuPont,