Not every stock went down in 2022. Shares in some the biggest pharmaceutical companies rose in price. If you can make it in a market like 2022, imagine what can happen in 2023 for many top pharma stocks. What the best pharma stocks have in common is pricing power, patented medicines, big moats and wide margins.
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AbbVie Inc. executives lowered their outlook for the quarter and year in a filing with the Securities and Exchange Commission late Friday, which cited research and development expenses and milestone payments to partners. AbbVie ABBV, +1.87% said it must pay out $243 million in milestone payments to partners for acquired in-process research and development, or
Burton G. Malkiel, professor emeritus of economics at Princeton University, speaks at the John C. Bogle Legacy Forum in New York, U.S., on Tuesday, Jan. 31, 2012. Peter Foley | Bloomberg | Getty Images This week, Princeton professor Burton Malkiel has published the updated, 50th anniversary edition of A Random Walk Down Wall Street: the
A “Now hiring” sign is displayed on the window of an IN-N-OUT fast food restaurant in Encinitas, California, May 9, 2022. Mike Blake | Reuters December’s strong job growth combined with slowing wage inflation is fueling optimism that the economy might just see a soft landing. But economists disagree on whether that will be the
Hardly anyone, including the company’s fans, would call California-based neo-banking firm SoFi Technologies (NASDAQ:SOFI) a winner in 2022. SOFI stock lost a great deal of value that year, but this could be a setup for a multi-bagger recovery. Indeed, at least one Wall Street expert sees a favorable reward-to-risk ratio for SoFi Technologies’ investors. So,
Editor’s note: “The Time Has Come to Bet Big on the Automation Economy” was previously published in September 2022. It has since been revised and republished. In the midst of 2022’s stock market chaos, I focused on one thing: finding generational investment opportunities. Why? Because history shows that the best time to invest in emerging
Baxter International Inc. said Friday it plans to embark on a tax-free spin off to shareholders of its Renal Care and Acute Therapies unit into a public company within the next 12-18 months. The company also warned it would unveil a restructuring plan on Feb. 9 when it reports its fourth-quarter results. The details of its
In this article MDGL CVNA LW BYND Follow your favorite stocksCREATE FREE ACCOUNT Traders on the floor of the NYSE, June 24, 2022. Source: NYSE Traders who shorted stocks won big in 2022, according to S3 Partners. Shorted stocks had a return of 30.8% in 2022, said Ihor Dusaniwsky, the firm’s managing director of predictive
A “We’re Hiring” sign at a Target store in New York. Scott Mlyn | CNBC The economy is expected to have added 200,000 jobs in December, less than November, but still strong enough to keep the Federal Reserve aggressively tightening policy to fight inflation. Economists surveyed by Dow Jones also expect that the unemployment rate
On today’s show, Preston and Stig talk Mark Yusko about the endowment model of investing and his years of peak performance in the markets. IN THIS EPISODE, YOU’LL LEARN: – How to invest like an endowment – Why innovation in an asset class. – Why portfolio construction is the most overlooked activity while security selection
Can major social media stocks deliver in earnings season? Will the trio of FB, LNKD, TWTR manage to impress investors with their most recent reports? Watch our video for clues on how these companies might perform in the days ahead. Facebook: http://www.zacks.com/stock/quote/FB?cid=CS-YOUTUBE-FT-VID LinkedIn: http://www.zacks.com/stock/quote/LNKD?cid=CS-YOUTUBE-FT-VID Twitter: http://www.zacks.com/stock/quote/TWTR?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter:
Editor’s note: “How AI Went From Joke to Ubiquity in 70 Years” was previously published in September 2022. It has since been updated to include the most relevant information available. It’s October 1950. Alan Turing, the genius who cracked the Enigma code and helped end World War II, has just introduced a novel concept. It’s
SEOUL — Samsung Electronics Co. 005930, +0.52% said it expects its fourth-quarter profit to plunge as the firm’s mainstay memory-chip and smartphone businesses face a sharp pullback in demand, showing the extent of the global tech downturn after pandemic highs. The South Korean tech giant on Friday forecast its operating profit in the quarter ending Dec. 31 to
As her 40-year central banking career comes to a close, Kansas City Federal Reserve President Esther George is advising her colleagues to stay tough in their efforts to stamp out runaway inflation. George said Thursday that she thinks the Fed should raise its benchmark borrowing rate above 5% and keep it there until there are
Burton Malkiel, a Princeton University economics professor, in New York, Jan. 26, 2010. Julie Glassberg | The New York Times Want to learn how to be a better investor in 2023? Two classic books on long-term investing are out in new editions. If your New Year’s resolution is to learn more about the stock and
In this article SHOP-CA CAG STZ AMZN Follow your favorite stocksCREATE FREE ACCOUNT Signage outside a Bed Bath & Beyond retail store in New York, Aug. 25, 2022. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Silvergate — Shares of the crypto-focused bank tumbled more than 42%
Hope springs eternal, but the situation might be hopeless for investors of commercial electric vehicle manufacturer Cenntro Electric (NASDAQ:CENN). It’s entirely possible that CENN stock won’t even be listed on the Nasdaq before too long. Financial traders don’t need to invite problems into their lives, so it’s wise to steer clear of Cenntro Electric. Plenty of folks
Excitement over recent insider buying has cooled down, but there’s something else that may have some investors interested in SoFi Technologies (NASDAQ:SOFI) stock. SOFI has been affected by many factors, but the continued “student loan saga” has played a major role in the fintech stock’s slump over the past six months. This “saga” will come
After a year like 2022, a new year is a great opportunity to look for safe stocks to buy and hold. The definition of a safe stock is broad, so this article will focus on a select group of stocks known as dividend kings. Dividends are a portion of a company’s profits (i.e. earnings) paid
Salesforce.com Inc. investors are facing the company’s first big pothole on the road to slower growth, just as they have recently put all their faith into co-founder Marc Benioff amid a slew of departures by top executives. On Tuesday, the cloud-based software company confirmed that it will cut 10% of its workforce, which totaled 73,541 as