In the late stages of the bull market, irrational exuberance caused investors to bid electric vehicle stocks up to ridiculous valuations. Then fears of rising interest rates and an economic slowdown caused the bubble to burst. Shares of EV companies, many of which were unprofitable or barely profitable, came crashing down. Even the best electric
While high-yielding dividend stocks may provide the security investors want at this time, many of them could be dividend traps. These stocks come with high yields that are unlikely to be sustainable over the long term.There could also be a situation where a company may be paying more dividends than its net income. Though such
Risk is part of investing. Even the most mature, well-established firms and stocks run the risk of declining to zero. However, that risk is even higher with speculative penny stocks. At the same, these less-established firms, with higher risk, can also provide greater returns. Plus, not only can these stocks multiply in value faster than
For California’s estimated 1.8 million Black residents who are descendants of enslaved people, reparations could allow many of them to finally buy a house, pay off student loans, try to build generational wealth and more. MarketWatch photo illustration/iStockphoto Keisha Brown, 49, is married with five children and lives in a Bay Area suburb. Even with
In this article CVX XOM AMZN AAPL Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Exxon Mobil (XOM) – Exxon Mobil added 2.2% in premarket trading after record profits exceeded analyst forecasts. Higher natural gas prices and cost controls helped offset the slide in crude oil prices. Chevron
Safe stocks for retirement are those that are less inclined to suffer in times of turmoil or represent a sector that is more recession-proof than others. That’s not to say that a safe stock will never see a decline – but safe stocks for retirement are more likely to withstand the negative pressures in a
Prior to some lackluster earnings reports from big-tech names, the Nasdaq rallied as much as 11% from its 52-week low, made two weeks ago. This had some investors thinking the risk-on trade was back and it was time to go in search of high-growth tech stocks to buy. Yet, given the recent earnings disappointments and
While most sectors suffered significant pressure this year, the innovation space (including companies ranking among the top semiconductor stocks to buy) incurred disproportionate pain. At the same time, the crimson ink facilitates upside opportunities for contrarian speculators. Fundamentally, one of the biggest pain points for the top semiconductor stocks to buy centers on the global
Twitter Inc. is now owned by Elon Musk, with multiple media outlets reporting Thursday night that the long-anticipated sale had officially closed. The Wall Street Journal, Washington Post and others reported, based on unnamed sources, that the top executives of Twitter TWTR, +0.66% were fired and escorted from the building, including Chief Executive Parag Agrawal,
Amazon.com delivery trucks in Richmond, California, U.S., on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Amazon — Shares of the e-commerce giant plunged as much as about 19% in extended trading Thursday after the company posted weaker-than-expected earnings and revenue for the third quarter
An income-rich retirement requires a lot of planning. There are many things that retirees must do in order to ensure that their golden years will be financially comfortable. IRAs, a 401k, HSAs, annuities, pensions, current earnings, and expected age at retirement are just a few of the items to consider. However, it all comes down
It has been a rough year for investors, with the S&P 500 index posting incredible losses not seen in some time. As stocks continue to hover in this fragile market, investors must consider which assets are most valuable in their portfolios. Penny stocks are likely to get the axe, given the massive volatility in the
It goes without saying that Tesla (NASDAQ:TSLA) is in a slump. As I anticipated, the company’s much-anticipated AI Day 2022 (held on Sept. 30) failed to give TSLA stock even a modicum of a boost. Instead, the latest developments with the electric vehicle maker have pushed shares lower lately. Shares have started to bounce back,
Gold futures settled lower on Thursday, after settling to their highest price in nearly two weeks in the previous session — when a pullback in the U.S. dollar gave bulls some breathing room. Price action Gold for December delivery GC00, -0.35% GCZ22, -0.35% was down $3.60, or 0.2%, to settle at $1,665.60 an ounce on
In this article META CAT HON Follow your favorite stocksCREATE FREE ACCOUNT A sign is seen outside of the inaugural physical store of Facebook-owner Meta Platforms Inc in Burlingame, California, May 4, 2022. Brittany Hosea-Small | Reuters Check out the companies making headlines before the bell. Meta — The social media stock dropped 22.8% after
Growth stocks and small-cap stocks are adrenaline rush triggers on a regular basis. In good times, these stocks can provide multibagger returns. However, in times of market correction, these stocks cause maximum pain to the portfolio. It’s some low-beta blue-chip stocks that offer a sense of calmness and stability. These boring stocks for retirement provide
Tracey Ryniec uncovers two top stocks that are flying under the radar. Blue Buffalo Pet Products: https://www.zacks.com/stock/quote/BUFF?cid=CS-YOUTUBE-FT-VID Pool Corporation: https://www.zacks.com/stock/quote/POOL?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
Telecom stocks have taken a hit over the past few years. Most companies in the space have been struggling under the weight of their massive debt loads as they upgrade their infrastructure to support 5G. With the stock market expected to drop even further from current levels, it’s probably the right time to reassess your
By Mauro Orru STMicroelectronics NV on Thursday posted a surge in profit and revenue for the third quarter as demand for its portfolio of chips remained strong. The European chip maker said net profit surged to $1.10 billion from $474 million in the third quarter last year. Net revenue climbed to $4.32 billion from $3.20
Traders on the floor of the NYSE, Oct. 21, 2022. Source: NYSE Professional stock pickers are still betting that the U.S. economy could skirt a recession, according to Bank of America analysis. Actively managed mutual funds have maintained their pro-cyclical stance with overweights in consumer discretionary and industrials, while having a sizeable underweight in consumer staples,