Unlike most companies, Wells Fargo (NYSE:WFC) stock hasn’t rebounded much since the market crashed in March. With Wells Fargo stock at $25 now, it’s up only modestly above its multi-year low of $22, which it reached in May. And, thanks to the latest negative news, the shares are likely to remain volatile in coming days.
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It seems like Rite Aid (NYSE:RAD) finally is headed in the right direction. New management has re-inspired investor confidence and fiscal first quarter results from last month looked impressive. As a result, RAD stock has soared, more than tripling from August lows. Source: Jonathan Weiss / Shutterstock.com Despite that good news, I’m not quite convinced.
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Here’re the seven tips to being a better and more successful stock trader. Tip 1: Have an open mind… there is more than one way to make money in the stock market. Tip 2: Stay away from the news and media when trading. They only discuss hype and what’s hot – but it will make
Kevin Matras talks about intrinsic value and time value, and what you need to know before placing your next options trade.
What Are the Best Ways to Save on Currency Exchanges? Even in this charge-it world, there are times when having cash on hand is handy, especially when traveling out of the country. Sure, there are plenty of places waiting to make a currency exchange quick and easy. But that almost always means you will pay
Editor’s note: This article is part of InvestorPlace.com’s Best Stocks for 2020 contest. Matt McCall’s pick for the contest is Aimmune Therapeutics (NASDAQ:AIMT). Six months ago, I introduced you to Aimmune Therapeutics (NASDAQ:AIMT) as my pick in the Best Stocks for 2020 contest. It’s a leading biopharmaceutical that focuses specifically on the unmet needs of people who suffer
Charles Zhengyao Lu, chairman and founder of Luckin Coffee, and Jenny Qian Zhiya, chief executive officer of Luckin Coffee, ringing the opening bell during the company’s initial public offering (IPO) at the Nasdaq in New York, on May 17, 2019. Victor J. Blue | Bloomberg | Getty Images The Luckin Coffee fraud scandal was a
With the markets generally moving in a positive direction following the devastation of the novel coronavirus, investors who feel they missed the initial boat are looking for underappreciated opportunities. One name that has caught contrarian eyes is General Electric (NYSE:GE). Steeply impacted due to the disproportionate hit on the travel industry, GE stock is attractive
Warren Buffett‘s Berkshire Hathaway is finally pulling the trigger. The conglomerate is spending $4 billion to buy the natural gas transmission and storage assets of Dominion Energy. Including the assumption of debt, the deal totals almost $10 billion. It’s the first major purchase from Berkshire since the coronavirus pandemic and subsequent market collapse in March.
Micron Technology’s hard drive for data center customers is presented at a product launch event in San Francisco, October 24, 2019. Stephen Nellis | Reuters Check out the companies making headlines in midday trading. Micron — Micron traded more than 6% higher after the chip manufacturer posted better-than-expected results for the previous quarter. The company posted an
Lululemon (NASDAQ:LULU) has been lagging since the company reported earnings in early June. However, LULU stock caught a bid on June 30, on news that it will acquire Mirror for $500 million. Source: Sorbis / Shutterstock.com Shares closed off the highs, but still climbed 6% on the day. Why the enthusiasm? Because Lululemon bought into a
After years of flirting with bankruptcy, it appears that the time has come for retail giant J.C. Penney (NYSE:JCP). Given the massive uncertainty at this time, its best for current shareholders to dump JCP stock and get whatever value they can at this time. Source: Supannee_Hickman / Shutterstock.com The company has continued on a downward
The metals and mining sector is the industry dedicated to the location and extraction of metal and mineral reserves around the world. Global reserves of metals and minerals are mined for profit and then used in jewelry-making, industrial applications, and investments. The sector has a significant number of companies located internationally and operates with large revenues.
This is why do 90% of stock traders fail or lose money. You need to be aware of these things so you can avoid repeating the same mistakes over and over again. #stocktraders #tradinglosers #losertrader #badtrader #stockmarket #tradinglosses Posted at: https://tradersfly.com/blog/traders-fail-or-lose-money/ ???? GET MY FREEBIES Freebies ???? SUBMIT A VOICE QUESTION Question – Hungry for
Kevin Matras screens for bullish chart pattern set-ups with the best fundamentals.
A worker wearing a protective mask and gloves assembles face shields at the Cartamundi-owned Hasbro manufacturing facility in East Longmeadow, Massachusetts, April 29, 2020. The factory is making 50,000 face shields per week for hospitals in Massachusetts and Rhode Island, Governor Charlie Baker said. Adam Glanzman | Bloomberg via Getty Images As the economy moves
At the beginning of the week, DocuSign (NASDAQ:DOCU) stock saw its share price decline. Investors looked at economic reopening across the U.S. as a negative for the firm’s future performance. DocuSign specializes in orchestrating contracts online and is best-known for its eSignature service, which allows people to sign contracts electronically. Source: Sundry Photography / Shutterstock.com When
Many shares have come off their March lows to hit recent highs. However there are exceptions, such as Xerox (NYSE:XRX). Xerox stock currently hovers around $15.15 and slowly inching down to its 52-week low of $14.22 seen on May 14. Year-to-date, the stock is down 60%. Source: BalkansCat / Shutterstock.com Today I’ll take a closer look
Take a look at some of the biggest movers in the premarket: Macy’s (M) – The retailer reported a first-quarter loss of $2.03 per share, with the loss and its revenue matching the numbers it gave in a preliminary report on June 9. Macy’s is expecting the pandemic to impact the U.S. economy for the