Editor’s note: “9 Stocks to Buy This Month” was originally published July 9, 2020. It is updated monthly to reflect the current state of the markets and best stocks to buy for that month. With the start of the fall season upon us, most Americans probably feel as if they were caught off guard. Considering
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Since my last article on Nokia (NYSE:NOK) about a month ago, shares have fallen about 17% to close at $4.14 yesterday. But I still believe Nokia stock is worth at least $6.74 per share. Source: RistoH / Shutterstock.com I detailed in my last article how I came up with that target price. This target is
It’s quite hard—impossible, in fact—to forget that many of the initial news stories coming out of the novel coronavirus outbreak involved cruise ships. And they’re still waiting, at least in America, to set sail again: a hoped-for outcome slated for October. But that’s at the earliest and it doesn’t help that just a few days
Chris Ratcliffe | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Slack — Shares of Slack tanked 14% after its quarter results showed steady growth instead of an expected boost from the coronavirus. Although it beat on full-year guidance, the team communications software company’s revenue growth came in below 50%
After a painful decline on Tuesday, the market gave investors the rebound they were looking for Wednesday. With that in mind, let’s buckle down and look for a few top stock trades going into Thursday. Top Stock Trades for Tomorrow No. 1: Lululemon (LULU) Down for three straight sessions ahead of earnings, Lululemon Athletica (NASDAQ:LULU)
Tracey Ryniec and Brian Hamilton look at a luxury hotel and casino operator and a large US home builder. Las Vegas Sands: https://www.zacks.com/stock/quote/LVS?cid=CS-YOUTUBE-FT-VID KB Home: https://www.zacks.com/stock/quote/KBH?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
For income-focuses investors, the proverbial Holy Grail is a company that offers good value along with a generous dividend. Energy Transfer (NYSE:ET) fits the bill on both counts as ET stock is trading at a deep discount and the dividend yield is indisputably high. Source: Casimiro PT / Shutterstock.com That’s a very rare combination in
Aurora Cannabis (NYSE:ACB) stock has been on a terrifying roller coaster since its 2018 debut on the New York Stock Exchange. Since rocketing to a peak enterprise value of $15.7 billion, ACB has since wiped out 93% of shareholder money as profits have failed to materialize. Source: Shutterstock On Tuesday, investors received another dose of
It is sometimes difficult to turn on the television these days without seeing a commercial for reverse mortgages. They feature older celebrities who extol the benefits of a guaranteed tax-free income for those homeowners aged 62 and older. What they don’t tell you is that reverse mortgages can also be dangerous and can put your
Investors who have cash might want to consider putting some to work after a recent pullback in the stock market, CNBC’s Jim Cramer advised Wednesday. “If you haven’t bought anything, maybe you dip your toe in,” Cramer said on “Squawk on the Street,” while noting he has for weeks been advising people to sell and lock-in
Traders wearing masks work, on the first day of in person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. Brendan McDermid | Reuters There’s a spate of new exchanges ready to launch that want
A man walks a dog in the shade away from the midday sun past the New York Stock Exchange (NYSE) building in Manhattan, during hot weather in New York City, New York, U.S., August 11, 2020. Mike Segar | Reuters The swift correction in Nasdaq and technology stocks has cleared away some of the market’s
Though some sectors are slowly making a comeback from the novel coronavirus catastrophe, this optimism doesn’t apply to the oil market. Indeed, it’s hard to imagine if “black gold” will ever be the same. Certainly, prospects look particularly dim for embattled organizations like Occidental Petroleum (NYSE:OXY). On a year-to-date basis, OXY stock is down 72%,
Workers walk outside the Tesla Inc. Gigafactory in Shanghai, China, on Friday, Nov. 1, 2019. Qilai Shen | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Tesla – Shares of the electric vehicle company slid more than 14% after it was not added to the S&P 500, despite widespread speculation
It was another win for the bears on Tuesday, as stocks came under more selling pressure to start the week. With that in mind, let’s look at a few top stock trades as push into the holiday-shortened trading week. Top Stock Trades for Tomorrow No. 1: Gold ETF (GLD) In what has been a tough
If you invest or trade in the stock market and want to achieve the big results, there’s a process and a system you have to go through to get there. I want to share a concept with you that will not only help you in your stock trading but also in every area of life.
Some companies have trouble written all over them. One such example is biopharmaceutical firm Ocugen (NASDAQ:OCGN). Even before the novel coronavirus upturned the world, OCGN stock was a struggling unit, with the issuing company facing bankruptcy. Overall, this fundamental assessment hasn’t changed. What has shifted, though, is the surrounding ecosystem. Source: Shutterstock As the Wall
Key Takeaways The ECB will announce monetary policy as Eurozone inflation sags. China announces trade balance data, how is the world’s commerce recovering? U.S. releases July JOLTs data. After the first weekly losses for U.S. markets in five, investors will get an extra day next week to gather themselves. U.S., Canadian, and Brazilian markets and
Tesla CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai on Jan. 7. Aly Song | Reuters Most investors can relate to the dilemma faced by the S&P Dow Jones Indices committee as it bypassed Tesla for inclusion in the S&P 500 last week. Tesla had more than
A customer looks at athletic apparel inside a Lululemon store. Xaume Olleros | Bloomberg | Getty Images Check out the companies making headlines after the bell: Slack — Shares of the messaging platform tanked 14% in after hours trading on Tuesday despite its better-than-expected quarterly results. Revenue came in at $215.9 million, higher than the estimated