American Water Works (AWK): The largest among water stocks to buy, AWK is a go-to idea in this resource space. York Water (YORW): Featuring a concentrated market and a centuries-long dividend payer, YORW is all about stability. California Water Service (CWT): With the Golden State suffering a severe drought, CWT is poised to move cynically
So far this year, Disney (NYSE:DIS) stock is down 15%. The market is not pleased with its earnings, negative free cash flow and huge spending on content. That has spilled over to the poor returns for DIS stock. For example, in its fiscal Q1 report for the quarter ending Jan. 1, made $1.15 billion in
Women in executive leadership positions are a rarity in the technology sector. Only 21% of executives at Silicon Valley companies were women as of 2021. Leading technology companies such as Meta, formerly Facebook, (FB), Apple (AAPL), Alphabet (GOOG), and Yahoo! (YHOO), however, indicate that they are committed to increasing the number of women and other
Kroger (NYSE:KR) shares are climbing today, adding to their gains of recent days, after Bank of America upgraded Kroger stock to “buy” from “neutral.” While Kroger may be a good stock to buy for short-term traders, those with a time horizon 0f more than a few weeks would likely not benefit from buying the shares. Source:
As the owner of a busy diner in the heart of New York City, Stathis Antonakopoulos prides himself on serving freshly prepared food to a loyal clientele. But these days, Antonakopoulos says he’s had to cut some corners to keep his Carnegie Diner & Cafe afloat. A perfect case in point: When it comes to
A man passes a Hewlett Packard display at a technology conference Jim Young | Reuters Check out the companies making headlines in midday trading. HP — Warren Buffett’s Berkshire Hathaway became the largest shareholder in the computer hardware company, sending shares up 16.4%. Berkshire Hathaway bought nearly 121 million shares, or about an 11% stake
Alcoa (AA): Aluminum prices are skyrocketing, fueled by fears over a potential supply crunch. Cleveland-Cliffs (NYSE:CLF): The steelmaker is poised to benefit from a tight steel market. Cognex (NASDAQ:CGNX): The machine-vision company has significant growth potential, driven by logistics spending and EVs. Source: iQoncept / Shutterstock.com Mid-capitalization (cap) stocks typically benefit from cyclical upturns in
MoffettNathanson is the latest analyst firm to sound the alarm on fintech stocks in a report titled, “Fintech: down but not out.” Affirm (NASDAQ:AFRM) is one of the companies under fire, which provides consumers with a “buy now, pay later” option on their purchases. In the year thus far, AFRM stock has declined by over 60%.
Accumulated depreciation is the total amount of depreciation of a company’s assets, while depreciation expense is the amount that has been depreciated for a single period. Depreciation is an accounting entry that represents the reduction of an asset’s cost over its useful life. In other words, depreciation spreads out the cost of an asset over
Tesla (NASDAQ:TSLA) threw a grand party late Thursday to commemorate the opening of its Giga No. 4 – the Giga Texas factory. Key among the headlines emerging out of the event, named “Cyber Rodeo,” is the confirmation that the electric vehicle (EV) giant will finally begin production of its Cybertruck at the plant in 2023.
The 2022 Masters golf tournament at Augusta National is in full swing. The tournament has welcomed back the sports biggest star in Tiger Woods, who was by-far the most wagered on player at the tournament. Another item the tournament has brought back is it multi-million-dollar prize money. The total prize money for golfers at the
In this article ENV Cokada | E+ | Getty Images Company: Envestnet (ENV) Business: Envestnet provides wealth management services and software to the investment community. It has an excellent product with 90% retention and secular tailwinds. Envestnet was founded in 1999 by Jud Bergman and Bill Crager. Bergman was chairman and CEO of the company
In this article KR HOOD EPAM Kroger is opening automated warehouses around the country to build a larger and more profitable online grocery business. Kroger Check out the companies making headlines in midday trading Friday. Robinhood — Shares of the trading app dropped more than 7% after Goldman Sacks downgraded the stock to sell from
RIO Tinto (RTNTF): A high dividend yield and strong margins make RTNTF stock a buy. Vale (VALE): The positive outlook for iron ore prices and nickel in the long-term, two of its key products, should continue to support Vale’s shares. BHP (BHP): Strong anticipated bottom-line growth and cheap valuation metrics constitute an opportunity for investors
Robinhood Markets (NASDAQ:HOOD) stock dropped by as much as 67 cents, or 5.55%, in premarket trading on Friday after Goldman Sachs declared it a sell just nine months after its initial public offering (IPO). And investors should follow that advice. Goldman Sachs Vice President Will Nance said Robinhood’s inability to grow users will hurt its
Legendary value investor John Anthony Griffin tells up-and-coming investors to “build the ark on their sunny days,” passing on sage advice from Julian Robertson—his mentor and former boss. Griffin founded the hedge fund Blue Ridge Capital Management in 1996. Griffin, who frequently teaches at some of the most respected U.S. colleges, relishes the role of
After reporting a significant jump in profit after tax in 2021, United Parcel Service (NYSE:UPS) has lost $22.53, or 10.6% of its value year-to-date (YTD). In the last two weeks, UPS stock has been on a bearish run. Like every other shipping company, UPS profited from the pandemic-induced disruption in the global logistic system, as
A decade ago, Democratic and Republican legislators had elaborate plans to fix Social Security’s increasingly shaky finances. Democrats still do. But Republicans haven’t introduced a single comprehensive solvency bill since 2016. What are they waiting for? Social Security is running out of money. It currently collects less money from workers and employers than it distributes
An Outperforming REIT and a Solid Technology Pick to Consider. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
A trader on the NYSE, March 11, 2022. Source: NYSE Markets face what could be a hot inflation report in the week ahead and a batch of big bank earnings to start the earnings season. JPMorgan Chase and BlackRock kick off the financial industry’s first-quarter earnings releases Wednesday, with Citigroup, Wells Fargo, Morgan Stanley and