The holiday season is a great time for consumers. Stores are putting their best foot forward to entice buyers for the holiday shopping season. Many companies need a solid fourth quarter to make their numbers for the year. However, not all consumer discretionary stocks are good choices. There are many factors that can pull consumer
Month: November 2023
In 2022, stocks entered a bear market, as much of Wall Street entered into a panic about the Federal raising interest rates. Stocks bottomed in October 2022 as very slowly, but surely, many investors realized that the “Don’t fight the Fed” mantra was inaccurate. That’s because, in-line with my predictions, higher rates did not cause
Shares of videogame maker Electronic Arts Inc. lit up more than 6% in extended trading Wednesday after the company reported a jump in net income and revenue that slightly beat analysts’ estimates. EA EA reported fiscal second-quarter net income of $399 million, or $1.47 a share, compared with net income of $299 million, or $1.07
It’s never too late for a comeback. Some stocks have languished and underperformed for years only to bounce back on evidence that business is back on track and financial results are improving. As Q3 earnings have poured in, several companies that had largely been written off or ignored by investors have surprised to the upside.
Electric vehicle (EV) battery technology company QuantumScape (NYSE:QS) does certain things well. However, making money isn’t one of those things. The company also isn’t good at providing value to its shareholders, as QS stock hasn’t been a winner lately. Frankly, investors should look elsewhere as QuantumScape has financial issues that can’t be ignored. QuantumScape rarely updates
The current five trillion-dollar companies listed on U.S. stock exchanges include Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), and Nvidia (NASD AQ:NVDA). These five and two others, Meta Platforms (NASDAQ:META) and Tesla (NASDAQ:TSLA), make up “the Magnificent Seven”. The Globe and Mail published a story on Nov. 1 that pointed out the Magnificent
Online delivery company DoorDash Inc. on Wednesday reported third-quarter results that beat expectations, as its expansion beyond restaurants helped grow orders, but it said it expected “significant levels of ongoing investment” up ahead as it tries to widen its service options. DoorDash DASH shares jumped 8% in after-hours trading. The…
For conservative investors, including those in and nearing retirement, highly reliable dividend stocks with a growth component are an excellent tool. That’s because these equities produce regular income and are likely to generate significant returns for investors through increases in their stock prices. They make for excellent top dividend stock picks. Investors can use the
Tech firm Palantir Technologies (NASDAQ:PLTR) had a turbulent few years. On a year-to-date basis, PLTR stock has surged more than 130%. However, this stock remains more than 50% below its 2021 peak. Historical issues with overvaluation, low margins, and profitability seem to be improving with AI technology. However, this stock remains a no-go for many
These should be the best of times for ChargePoint Holdings (NASDAQ:CHPT) stock. They’re the worst of times. Shares are down 81% this year because, while revenue is increasing, the company isn’t making any money. For the three months ending in July, ChargePoint lost $125 million and only brought in brought in, which was $150 million.
The Federal Reserve on Wednesday kept a key interest rate at a 22-year high and left the door slightly ajar for another hike down the road if inflation doesn’t continue to slow. The decision to hold rates steady in a range of 5.25% to 5.5% was unanimous. The Fed is weighing how much more to
Regardless of whether you’re a Wall Street veteran or new to investing, the past four years have been a roller coaster ride. A global pandemic brought a 14-year-long bull market to a screeching halt. It quickly revived into another stock boom that saw the S&P 500 hit a new all-time high, only to reverse course
While the jury’s still out whether the economy and the market is headed for a soft or hard landing, as interest rates remain high, that doesn’t mean you should forget about which stocks to avoid. Even as it’s possible that recent fears of another downturn for stocks may prove to be an overreaction, there are
I believe that inflation for a common man is higher than what the headline inflation data suggests. To retain purchasing power of money, it’s important to invest in asset classes that help in comfortably beating inflation. Within equities, it’s a good idea to invest in dividend stocks that offer an attractive yield. Besides regular cash
Dear Quentin, I’m aware that property acquired during a marriage is generally considered marital property. However, I believe you noted in a recent column that this is also true of a house purchased during a marriage with only one name on the deed. If one individual receives an inheritance during the marriage, purchases a home
When it comes to using artificial intelligence models to pick winning stocks, I think Bard stands head and shoulders above the rest. While other large language models tend to make more generalized stock recommendations, Bard appears to provide real analysis, digging deeper to identify trendy high-growth companies poised for exponential returns. This laser-focus on trends
Following the rise in interest rates, many stocks, including shares in large, well-known companies, now sport relatively high dividend yields. Yet before you decide to buy, beware of the names best left as dividend stocks to sell. When you think of the phrase “dividend trap,” what may first come to mind are stocks in companies
Nvidia (NASDAQ:NVDA) has undoubtedly been one of the most debated stocks of 2023, if not the most debated one. That’s largely due to its gargantuan market capitalization exceeding $1 trillion, on sales of just over $13.5 billion in its latest reported quarter. Of course, what matters for a growth stock is not current sales but
A private gauge of China’s factory activity fell into contraction in October, suggesting continued economic headwinds despite Beijing’s recent efforts to shore up growth. The Caixin manufacturing purchasing managers index fell to 49.5 in October from 50.6 in September, falling into contractionary territory for the first time in three months, according to data released Wednesday
Even if you don’t believe in Santa Claus, there’s plenty of reason to believe you can fill your stockings with A-rated stocks to buy this quarter. After all, history is on your side. Stocks are more prone to rally at the end of the year, increasing nearly 80% of the time. After all, the holiday