What does a Joe Biden victory mean for election stocks? The Democratic nominee is favored to win in the Nov. 3 U.S. presidential election. While many are concerned potential policy changes could impact the markets, David Kass, a clinical professor of finance at the University of Maryland’s Robert H. Smith School of Business, sees some
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Master Limited Partnerships — or MLPs for short — are highly appealing for income investors. That’s because they typically offer high yields. But investing in MLPs can still be a double-edged sword. Why? They are highly concentrated in the oil and gas industry, one of the hardest-hit segments of the economy over the past year.
When former Vice President Joe Biden announced his $2 trillion climate plan, investors immediately began pouring their money into solar companies like Sunrun (NASDAQ:RUN). Between this and its recent merger with rival Vivint, RUN stock has risen more than 200% since Biden cinched the Democratic nomination back in June. Source: IgorGolovniov / Shutterstock.com Investors will
The global governmental response to the coronavirus pandemic has been rife with shortcomings that have prolonged the acute phase of the health crisis, “Black Swan” author Nassim Taleb told CNBC on Monday. “I think this is a case study of government worldwide incompetence in dealing with a problem and denial,” said Taleb, whose best-selling 2007
How is Wall Street positioned for the election? Even Wall Street isn’t sure. For most of October, “buy the stimulus trade” was the main idea on Wall Street. After all, polls showed odds were good for a Biden victory that would likely entail some kind of large-scale stimulus. Investors were buying small-cap stocks, infrastructure plays, and
Colorox brand toilet bowl cleaner sits on display at a supermarket in Princeton, Ill. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines midday Monday: SolarEdge Technologies – Shares of the solar-equipment maker jumped more than 4% ahead of the company’s third-quarter results, which will be released after the bell. Research
Bear markets are never nice. Whether you were caught on the wrong side during 1973–1975, 2000–2002, or in 2008, you felt the pain. We saw more of the same earlier this year, when the novel coronavirus pandemic upended markets, leaving retail investors in the lurch. With the second Covid-19 wave already upon us, many investors
Penny stocks are a fascinating part of the stock market. The high-risk high-reward nature of penny shares makes them compelling. Everyone has seen that stock that went from a buck to $10 a share, creating a small fortune for traders. On the other hand, it’s no secret that most penny stocks aren’t great investments. After
Moderna (NASDAQ:MRNA) stock is getting ready for prime time. Its Covid-19 vaccine is nearing completion of its testing phase probably sometime in November. The Moderna stock, already up substantially, could take off then. Source: Shutterstock.com At that point, the company will apply for an emergency use authorization (EUA) with the Federal Drug Administration. CEO Stephane
An employee of Tupperware Brands Corporation is at work on the production line at the group’s plant in Joue-les-Tours, centre France, on the day of its 40th anniversary. AFP PHOTO / JEAN-FRANCOIS MONIER (Photo credit should read JEAN-FRANCOIS MONIER/AFP/Getty Images) Jean-Francois Monier | AFP | Getty Images Check out the companies making headlines in midday
Eastman Kodak (NYSE:KODK), a name long forgotten, is making major news headlines this year. The company was a pioneer in the advent of the film camera but fell off the bandwagon in the early 2000s. In a surprising turn of events this year, Congress enlisted the help of Kodak to manufacture medical supplies. Kodak stock
The stock market remained volatile for much of this year but it also presents a great opportunity for beginners. Most major stocks are priced at their worst-case scenario at the moment. This means an investment made today can result in lucrative long-term returns. But which stocks to buy for beginners? When it comes to making investments in
When I planned this Palantir (NYSE:PLTR) write up last week, I wanted it to be a clear buy recommendation. The bad news is that PLTR stock took off like a rocket into space. That’s good news for those long it already. But for new buyers, it’s not a good idea to chase a stock after
Ben Silbermann, co-founder and chief executive officer of Pinterest Tomohiro Ohsumi | Bloomberg | Getty Images The U.S. Presidential election is only days away, and Wall Street is bracing for market turbulence. However, given the lingering uncertainty, it’s unclear whether market volatility could persist post-election. “Time will tell if expected volatility turns into realized market
A Regal Cinemas movie theater stands at night on 42nd Street in New York, U.S., on Tuesday, Oct. 6, 2020. Amir Hamja | Bloomberg | Getty Images Third quarter GDP is expected to grow at a sharp double digit pace, but the economy is still behind where it was earlier in the year and may
I am a sucker for reading new books. But I will admit, I was a bit skeptical when I heard Fareed Zakaria was coming out with a new volume, Ten Lessons for a Post-Pandemic World, when we aren’t out of the woods as of yet. The novel coronavirus pandemic is an unprecedented event in the history
Plant an App is a Romania-based startup that operates a low-code platform. To boost growth, the company is also raising money on the Republic equity crowdfunding site. The minimum investment needed to buy Plant an App stock on the website is only $150. Source: Shutterstock The founder and CEO of the company is Bogdan Litescu.
Since reaching a peak in September, HYLN stock has tumbled 62% as allegations of fraud have circled its electric vehicle (EV) competitors. Now that it’s trading around $20, does Hyliion (NYSE:HLYN) stock represent a fantastic entry point into an innovative company? Or is it yet another fraud on a slow deathmarch to zero? Source: Shutterstock
Michael Wirth, CEO of Chevron. Adam Jeffery | CNBC Chevron reported its second straight quarter of losses on Friday after revenue during the third quarter fell 32% year over year as Covid-19 continues to hammer the industry. Amid declining oil prices Chevron said it implemented aggressive cost-cutting measures. The oil giant lost $207 million during
Take a look at some of the biggest movers in the premarket: Comcast (CMCSA) – The NBCUniversal and CNBC parent reported quarterly profit of 65 cents per share, 13 cents a share above estimates. Revenue beat forecasts as well. Comcast added 663,000 broadband customers during the quarter, and said its Peacock streaming service signups had