CNBC’s Jim Cramer on Thursday laid out two buckets of stocks that he recommends investors consider adding to their portfolios. In making his case for the stock picks, the “Mad Money” host admonished index investing in this volatile market environment. “Stop circling the wagons around index funds here,” he said. Investing in index funds, a
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Netflix (NASDAQ:NFLX) stock is coming off record highs and just issued quarterly earnings that show skyrocketing subscriber growth. You’d think that’s a recipe for the bullish rally to continue, right? Source: vesperstock / Shutterstock.com Not so fast. There are actually a lot of contrarians out there who pushed Netflix stock down following its April 21
When oil services giant Halliburton (NYSE:HAL) reported its first-quarter results on Monday, the share price shot up by about 15% to $7.94. But unfortunately, this was little comfort for longer-term shareholders. Consider that – a year ago – Halliburton stock was at $31 or so. Source: Casimiro PT / Shutterstock.com OK then, so let’s take
Eddie Rodriguez (R) and other City of Hialeah employees hand out unemployment applications to people in their vehicles in front of the John F. Kennedy Library on April 08, 2020 in Hialeah, Florida. Joe Raedle | Getty Images Another 4.3 million workers are expected to have filed state unemployment claims last week, bringing the total
It was a strong end to the week, though the S&P 500 was still on track for a weekly loss, as oil rallied again and tech stocks drove the major equity averages higher on Friday. Source: Provided by Finviz The S&P 500 added 1.39% The Dow Jones Industrial Average advanced 1.09% The Nasdaq Composite climbed 1.65%
A Sierra Wireless display at a trade show. Source: Sierra Wireless Lion Point Capital, run by alumni of Elliott Associates, Perry Capital and Starboard Value, struck an agreement this month with Sierra Wireless, a struggling telecom hardware maker that’s trying to become a software company. We believe Lion Point has a good chance at getting
If you want to find a way to profit off how the novel coronavirus is changing our future society, one place you should be looking to is streaming media stocks. That’s where Roku (NASDAQ:ROKU) stock comes into play. Source: jejim / Shutterstock.com As most of us are living under stay-at-home orders and social distancing during
There’s a narrative surrounding Rite Aid (NYSE:RAD) stock that I don’t completely agree with. According to that narrative, RAD stock is a ‘cheap’ bet on a potential turnaround under new management. Source: Jonathan Weiss / Shutterstock.com That’s true as far as it goes. Heyward Donigan took over as chief executive officer in August. Rite Aid
Take a look at some of the biggest movers in the premarket: American Express (AXP) – American Express reported quarterly profit of $1.98 per share, an adjustment that excludes an increase in credit reserves, with GAAP earnings at 41 cents per share. The consensus estimate was $1.43 per share. The financial services company increased its
The stock market caught a nice rally on Friday, sending it higher into the weekend as investors prep for another busy week of earnings. With that in mind, let’s look at a few top stock trades for Monday. Top Stock Trades for Monday No. 1: Intel (INTC) Shares of Intel (NASDAQ:INTC) were getting buried after
Saudi Aramco crude oil storage at Ras Tunura, Saudi Arabia. Planet Labs The coronavirus crisis led to an unprecedented collapse in demand for oil and U.S. prices have rapidly fallen over the past week. In order for the price to stabilize, U.S. producers have to further cut their production or be forced to curb it
Shopify (NYSE:SHOP) stock is a wild one. Trading it is not for the faint of heart. If you are waiting for an easy entry point, you are going to be waiting a long time. The speed at which the shares move baffles most investors. Therefore it is much easier to invest in it with a
The coronavirus pandemic is creating changes to the global economy that can make you seem like you’re living through a movie. Businesses are closed not due to lack of demand, but because supply was cut off. And that is causing more problems for some troubled stocks. Millions of Americans are under shelter in place orders.
A masked pedestrian carrying water bottles walks past the Charging Bull statue in lower Manhattan on April 02, 2020 in New York City. Bruce Bennett | Getty Images The stock market is struggling to make headway, as a big week of events rolls around, including a Federal Reserve meeting, the first look at post-shutdown economic
Source: Hadrian / Shutterstock.com Welcome to InvestorPlace’s Amazon (NASDAQ:AMZN) live blog, where you can find up-to-the-second insights in Amazon stock news today. [Check back often, as this page will be updated with more Amazon stock news and insights each day the market is open.] Amazon Workers Begin Week-Long Protest Tuesday [Tuesday, April 21, 12:45 p.m.]
Despite outrage on Main Street and new pressure from the Treasury Department this week, several publicly traded companies that received payroll relief funds from the Small Business Administration oppose demands to return the cash. The companies said the Paycheck Protection Program loans have allowed them to keep employees on payroll and that they disagree with
Naturally, with most of the country — and much of the world — stuck in some form of quarantine, it’s easy to get discouraged about the financial markets. However, a few companies have emerged from this crisis stronger than ever. One of those names is Zoom Video Communications (NASDAQ:ZM). Source: Michael Vi / Shutterstock.com Similar
Wall Street looks vulnerable to another pullback here as the post-Covid-19 rebound capped out near a 50% retracement of the initial selloff and has been sliding sideways for weeks. To be sure, there are plenty of things to be worried about: Evidence of a prolonged economic shutdown, chaos in the energy markets, and concerns a
Welcome to Traders TV Tuesday and today we have a question from Paul that asks “Do you need to go to school or have a college degree to become a successful stock trader?” Well, Paul if you’re talking about the traditional sense in terms of education which I assume you are, you don’t need to
AT&T (NYSE:T) looks like an oil company stock, with a yield that looks too good to be true. As trading opened April 23 AT&T stock was as trading at $29.50. Source: Roman Tiraspolsky / Shutterstock.com Its 52-cent-per-share dividend now yields 7% if you buy now. By way of comparison, Chevron (NYSE:CVX), the second-largest U.S. oil