InvestorPlace’s Bret Kenwell recently wrote an article about Exxon Mobil (NYSE:XOM) stock entitled By Maintaining Its Dividend, Exxon Mobil Stock Is an Energy Name to Hold. Source: Michael Gordon / Shutterstock.com Bret makes excellent points about why an investor might want to bite into its juicy dividend yield. Now, to be clear, Bret likes to
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Take a look at some of the biggest movers in the premarket: Tiffany (TIF) – The luxury goods retailer reported a mixed quarter, with revenue below forecasts, but earnings beating analysts’ estimates. Tiffany’s results were helped by an improvement in sales in China, and the company said global sales trends are continuing to improve during
U.S. Bank, one of the country’s largest banks with a history dating to 1863, offers banking products to customers nationwide. The company has two, unsecured, fixed-rate personal loans for existing U.S. Bank customers. In this review we will focus on the U.S. Bank Personal Loan, as well as cover a few key details of the
Marathon Patent Group (NASDAQ:MARA) has had an interesting run. A few years ago, the company tried to commercialize intellectual property, as you might guess from its name. However, when that didn’t pan out, Marathon made an abrupt pivot to cryptocurrency mining in 2017. MARA stock briefly soared. Source: Shutterstock That excitement soon fizzled though. As
A man wearing a protective mask sits on top of the Charging Bull sculpture near Wall St. amid the coronavirus pandemic on April 19, 2020 in New York City, United States. Alexi Rosenfeld | Getty Images Company: Evolent Health Inc. (EVH) Business: Evolent is a health-care delivery and payment company. It supports health systems and
Take a look at some of the biggest movers in the premarket: Coca-Cola (KO) – The beverage giant announced a reorganization which will see the current 17-unit business structure changed to nine business units. The realignment will result in an undetermined number of both involuntary and voluntary job cuts, with Coca-Cola planning to offer voluntary
In an expansive universe of U.S.-listed Chinese equities and cloud computing names, Taoping (NASDAQ:TAOP) isn’t the one to consider. On either account. If you haven’t heard of Tapoing stock, that’s alright. In this case, ignorance may be bliss. Source: Shutterstock The company has two primary businesses segments: traditional information technology and cloud computing, where it operates
A child wearing a face mask sits on the Charging Bull statue, also known as the Wall Street Bull, following the outbreak of the coronavirus disease (COVID-19) in New York, August 19, 2020. Carlo Allegri | Reuters September is historically challenging for the market, but stocks could start the month on an upswing after what
Want to study in Australia? We have both good and bad news. Australia is one of the 10 most sought-after destinations for U.S. students who go abroad. And there are a few very good reasons. Many of its universities rank among the world’s top 100, and the country is home to a number of the
Despite the ravages of the novel coronavirus, some retail apparel companies have performed very well this year. Thanks to a combination of compelling products and social awareness, the pandemic has so far been a net positive for certain brands. Unfortunately, investors cannot say the same about Under Armour (NYSE:UA, NYSE:UAA). Its toxicity was bad enough
Monday will mark the last trading day of August, as investors turn their attention to September and begin to flip through the monthly charts looking for new setups. With that in mind, let’s look at a few top stock trades. Top Stock Trades for Monday No. 1: Chewy (CHWY) I love the way Chewy (NYSE:CHWY)
It’s been a great August, up 6% for the S&P 500, the best August since 1986. But then again, it was a great July. And a great June. May was pretty good, too, and April was downright eye-popping. The Summer Rally (S&P 500 Monthly Returns) April: up 12.7% May: up 4.5% June: up 1.8% July:
Pedestrians pass in front of an Ulta Beauty store in New York. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Ulta Beauty — Shares of the retailer gained 6% after the company’s second-quarter profit topped expectations. Ulta earned 14 cents per share during that time period, compared with the
By now, you probably know Virgin Galactic (NYSE:SPCE) as that overly ambitious space company headed by Richard Branson. And since 2007, he claimed that the company is going to commercially fly people into outer-space. Yet, here we are in 2020; No such flights have happened, and SPCE stock investors are starting to get fed up. Source: Tun
Long-term investors should buy Snap (NYSE:SNAP) stock, as the company’s second-quarter results show that it’s continuing to benefit from strong, positive trends. Moreover, the social media company should get a boost from a stronger post-pandemic advertising environment. Source: Ink Drop / Shutterstock.com Snap’s second quarter revenue increased 17% year-over-year to $454 million, versus analysts’ average
With another round of funding, Robinhood has seen its valuation surge to $11.2 billion. Its not surprising considering the fact that the company added 3 million new customer accounts at the beginning of fiscal year 2020. As markets continue to trade near all-time-highs, retail investor interest remains elevated. Capital preservation is one of the most
Etsy (NASDAQ:ETSY) is a niche e-commerce website specializing in handmade and vintage goods. ETSY stock launched its initial public offering (IPO) back in 2015, initiating around $25 per share. Source: Shutterstock ETSY was initially a bust, with shares sliding into the single digits. But the company turned things around starting in 2018. Now the stay-at-home
Up nearly 150% this year, Square (NYSE:SQ) could be due for a pullback at some point soon. Investors should hope that scenario comes to pass because SQ stock is set up for long-term gains. Source: IgorGolovniov / Shutterstock.com The novel coronavirus pandemic is cementing Square’s status as one of the must-own fintech names. That’s impressive
Recent data on Gilead’s (NASDAQ:GILD) treatment for the novel coronavirus, remdesivir, along with multiple indications that demand for the drug is strong, have caused me to continue to be upbeat on GILD stock. Source: Casimiro PT / Shutterstock.com Further, a key supply deal involving remdesivir and an overreaction to negative news about another one of
The novel coronavirus has fundamentally altered the investing landscape. Many sectors that were already struggling, like energy and brick-and-mortar retail, have seen their slow declines turn into abject free fall. Other businesses, such as video gaming and work-from-home software companies, are booming. Many companies that initially plunged are now turning into huge rebound stocks. For