With recent indicators suggesting that the U.S. is in the middle of a downturn, interest regarding stocks to avoid in a recession has naturally picked up. Though contrarianism is an exciting concept, in many cases, it’s better not to fight the tape. Here, large-scale fundamentals along with common sense are your best friends. During the
Month: August 2022
Reloadable debit cards allow you to add money to your card’s balance periodically, which you then can spend as needed. If you’re considering getting a reloadable debit card here are a few important things to know, including how they differ from regular bank debit cards. Key Takeaways A reloadable, or prepaid, debit card is not
With a compromise spending bill that devotes more than $360 billion to climate change efforts, consumers for the first time will have a tax incentive to use toward previously owned electric vehicles. Newly built EVs also feature in the revived tax-credit proposals, which now look closer to passage in the Senate after Democrats reached agreement
In this article FTNT CDAY DXC BABA QSR COIN A Burger King restaurant seen in Milton, Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Check out the companies making the biggest moves in midday trading on Thursday: Coinbase — Shares of the cryptocurrency exchange jumped about 15% after the company announced a
The stock market is still in the process of absorbing the many macro concerns that have been top of mind so far in 2022. This may make investing in today’s environment frustrating. However, the best course of action may be to take advantage of the uncertainty and consider loading up on the best long-term stocks
Down more than 70% in the past year, Lyft (NASDAQ:LYFT) may be starting to look appealing for bottom fishers. Check out commentary on LYFT stock online. You’ll see articles suggesting it’s a bargain after falling to levels well below its IPO price. For instance, a recent piece by Barron’s names it as one of several
In a sign of continued strength in the U.S. labor market, employers added 528,000 jobs to the economy in July, as reported by the Bureau of Labor Statistics (BLS) in its latest nonfarm payrolls report. Payroll growth came in more than double analysts’ expectations of 250,000. With last month’s gains, the labor market surpassed its
I’m writing this unretirement column three days after turning 66 (and four months before reaching my Social Security “Full Retirement Age”). So, my 70s are just around the corner. Until recently, that gave me pause. But after seeing what people in their 70s said in the recent AARP/National Geographic “Second Half of Life Study” and
Learn more about the Bull and Bear of the day go to https://www.zacks.com/bull
In this article BRK.A An Andy Warhol-like print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing stand during the first in-person annual meeting since 2019 of Berkshire Hathaway Inc in Omaha, Nebraska, U.S. April 30, 2022. Scott Morgan | Reuters Berkshire Hathaway‘s operating profits jumped in the second quarter despite fears of slowing
An employee checks out a customer at Paulina Meat Market in the Lakeview neighborhood in Chicago, Illinois, June 28, 2022. Bianca Flowers | Reuters Employers likely added fewer jobs in July, but the monthly employment report is still expected to show a robust pace of hiring that should edge lower in coming months. Economists expect
I think Baron Rothschild’s quote: “Buy when there’s blood in the streets,” is something to consider in today’s market environment. Remember that asset prices reflect future economic circumstances. Therefore, there’s no use in investing in stocks during a cyclical peak as you’ll be taking action “after the fact.” The dip offers investors an opportunity to
Arizona-based Opendoor Technologies (NASDAQ:OPEN) provides a digital marketplace for real estate. The company offers a tech-enhanced platform that can simplify the process of buying or selling a home. It’s a good business model in theory, but OPEN stock holders are still struggling in 2022. They’re likely to continue having problems because the housing market is
Key Takeaways Berkshire Hathaway missed analysts’ estimates for EPS but beat on operating earnings in Q2 FY 2022. Operating revenue and earnings were up year over year. However, mark-to-market losses on its investment portfolio were much higher than the estimates. Berkshire Hathaway Earnings Results Metric Beat/Miss/Match Reported Value Analysts’ Prediction Earnings Per Share ($) Miss
One of the few numbers growing faster than energy stock dividends is the size of crowds convinced they are not sustainable. I’ve never witnessed a consensus opinion as negative on an entire sector as on traditional energy. The debates are so one-sided that dividends’ simple clues are being overlooked, and instead more focus is placed
In this article SPCE IRBT LYFT CVNA WBD Confetti falls as Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angeles, California. The ride hailing app company’s shares were initially priced at $72. Mario Tama
There are cheap stocks, and then there are penny stocks. The former aren’t necessarily bad investments. The latter — defined as stocks trading at $5 or less — often turn out to be duds. Let’s take a look at six cheap stocks that analysts love. For this article, cheap stocks will be those companies whose July
The stock market is known for its volatility. And after a sizzling 2021, the down days have returned with force this year. However, while prices can go up and down, dividends are constant. So it is unsurprising that investors are hunting for the best dividend stocks for passive income. In fact, these seven dividend stocks
It’s been a tough year for tech stocks. Especially social media stocks. Major names in the space have given a large chunk of their respective pandemic era gains. With Snap (NYSE:SNAP), the pullback has been even more severe. SNAP stock has given back all of its gains and has fallen back to price levels last
Fast-Casual vs. Fast-Food: An Overview The two stalwarts of the American restaurant industry were always fast-food and fine dining, but now the rapidly growing fast-casual restaurant sector has squeezed in between them. Many companies combined high-quality ingredients with fast-food convenience to launch the trend, including restaurant brands Chipotle (CMG), Shake Shack (SHAK), and Panera, among