The Etsy website Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Etsy — Shares of the e-commerce company plunged by more than 12% after Etsy’s revenue guidance for the second quarter came in lighter than anticipated. The company CFO also said on the earnings call that “consumers
Month: May 2022
Pfizer (PFE) stock looks cheap after reporting record results from its Covid-19 vaccine. The rest of the year should look even better as sales ramp up for its Covid-19. Investors should worry about where its new CFO invests the cash. Source: Manuel Esteban / Shutterstock.com Pfizer (NYSE:PFE) stock rose 2% after earnings beat street estimates.
These six undervalued stocks with strong consumer brands are worth buying now, given their ability to do well in a recession. The Coca-Cola Company (KO): This $275 billion stock will have steady earnings and dividends during a recession. Verizon (VZ): Telecom stocks like this will still collect their monthly mobile phone service payments during a
Investors should ignore much of the upbeat comments that have been made about Warner Bros. Discovery (NASDAQ:WBD) stock by the company and bullish analysts. For the most part, these comments have focused on how great the firm’s content is and how it can be “the next Disney (NYSE:DIS).” By focusing more on actual data and
If you’re considering selling your house, one strategy you can choose is a for sale by owner (FSBO) route. By choosing not to use a real estate agent for the sale of your property, you take on more work – but save on commission fees. Key Takeaways Home sellers can save thousands of dollars in
If you’re a member of a limited liability company (LLC), do you have to pay self-employment taxes? That’s a darn good question. Our beloved Internal Revenue Code’s self-employment (SE) tax provisions were enacted long before the existence of limited liability companies. As LLCs became increasingly popular, an important question arose: how to apply the SE
Matterport (NASDAQ:MTTR) on April 28 announced that it is opening new sales channels and increasing customer service operations in Japan. The expansion is great to see. But until the company is on better financial footing — or the markets are less uncertain — I wouldn’t put my money in MTTR stock just yet. In its news
In this article EAT AKAM SWKS SBUX AMD LYFT Close-up of vertical sign with logos for ride-hailing companies Uber and Lyft. Smith Collection | Gado | Getty Images Check out the companies making headlines in midday trading. Lyft — Shares of Lyft tumbled about 32% after the ride-hailing company issued disappointing guidance for the second quarter and
Popular Bank of America (NYSE:BAC) analyst Vivek Arya believes that the stellar cloud business update from Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOGL,NASDAQ:GOOG) will have a trickle-down effect on Nvidia (NASDAQ:NVDA) and NVDA stock. In his report, Arya forecasts resiliency in the cloud computing market, despite worries of a resurgence in coronavirus cases in China and other macroeconomic
The outlook of Gores Guggenheim (NASDAQ:GGPI) stock has improved markedly since I last wrote about the name in February. Still, given the lackluster reviews of merger partner Polestar’s upcoming electric vehicles (EVs) and the elevated valuation of GGPI stock, I continue to recommend selling its shares. On April 4, Hertz (NASDAQ:HTZ) announced it will buy
After starting this week with a new 13-year high, the 30-year average eased lower Tuesday. Averages on most other mortgage types, however, moved the other way. National averages of the lowest rates offered by more than 200 of the country’s top lenders, with a loan-to-value ratio (LTV) of 80%, an applicant with a FICO credit
The Federal Reserve on Wednesday raised a key interest rate by a half point and reaffirmed a more aggressive strategy to try to subdue the worst outbreak of U.S. inflation in 40 years. The central bank also said it plans to start selling off its nearly $9 trillion stockpile of Treasury bonds and mortgage-backed securities
In today’s episode, I want to share with you some basics about dividend investing as well as the power of dividends and how they can benefit you and build wealth for you over the long term. We’ll cover topics such as, what is a dividend? How much can you make with dividends? Why do companies
After Fisker (NYSE:FSR) announced that it had received more than 40,000 reservations for its Ocean SUV and its stock tumbled, the outlook of FSR stock has greatly improved. Also making me more confident in Fisker are its decisions to offer a cheaper electric vehicle (EV) and a decent warranty. In light of the automaker’s valuation,
In this article ABNB LYFT AMD SBUX MTCH SMCI AKAM The Lyft Driver Hub is seen in Los Angeles, California, U.S., March 20, 2019. Lucy Nicholson | Reuters Check out the companies making headlines after the bell: Lyft — The ridesharing stock plummeted 23% in extended trading despite reporting a beat on revenue and an
The palm oil ban in Indonesia will increase prices for alternatives including soybean oil and canola oil. Archer-Daniels Midland (ADM) will benefit as soybean oil gets a boost from Indonesia’s palm oil export bans. Bunge (BG) is attractive for many of the same reasons as ADM. An ETF like Teucrium Soybean Fund (SOYB) is a
Mullen Automotive (MULN) is short on cash and big on promises. Short sellers have targeted the stock with a devastating report. Please don’t waste your money. Source: Ringo Chiu / Shutterstock.com Mullen Automotive (NASDAQ:MULN) has most of the ingredients you look for in a pre-revenue electric vehicle (EV) company. Except for money. Mullen has an
Generally, the provisions in a retirement plan document determine the asset distribution options available to beneficiaries. Pension death benefits vary depending on the type of pension you have. Key Takeaways Pension plans are retirement plans that are known as defined-benefit plans where the employer, not the employee, is responsible for making contributions. Pension plans are
Dear Quentin, I am doing OK financially as a single 29-year-old who unfortunately is still roommates with my mom. We split everything down the middle and I mainly stay with her since it is very expensive to live on your own in my city, and it also helps relieve a lot of financial stress on
Amazon (NASDAQ:AMZN) is down 15% since it released its first-quarter results on April 28. The online merchant had a massive outflow of free cash flow (FCF) in the last 12 months. This does not bode well for AMZN stock going forward. The reason is its FCF, after including repayments of finance leases and financing obligations, was