SoFi Technologies (NASDAQ:SOFI) made its eagerly anticipated debut as a public company on June 1 when it merged with special purpose acquisition company Social Capital Hedosophia Holdings V. SOFI stock hit a high above $24 shortly thereafter before turning lower. It briefly made it back to that level in mid-N0vember on general excitement about fintech
I have been deeply skeptical of ContextLogic (NASDAQ:WISH) stock, as you might have guessed if you read my last article about WISH stock on June 18. Source: sdx15 / Shutterstock.com The title of that article, “Wish Stock Is Cheap, But Not a Bargain,” displayed my belief that WISH stock was not going to rise anytime
The contribution limit for a designated Roth 401(k) for 2021 and 2022 is $19,500 and $20,500, respectively. Account-holders who are age 50 or older may make catch-up contributions of up to $6,500. This means the total contribution can reach as much as $26,000 and $27,000 for both years. Catch-up payments are additional allowed contributions that help those nearing retirement age
We’re past the point of denial about meme stocks. What looked unsustainable nine months ago is proving to have staying power. Retail investors continue to identify their favorite stocks and drive up the price. The bullish case for meme stocks says that retail investors, with more research available to them than ever before, are willing
Dear Quentin, I think I am being more than fair relative to sharing expenses while living in my girlfriend’s house, but I could use a little perspective. My 59-year-old retired girlfriend is well-off. Her lakefront home with an extra buildable lot, her Florida condo, and her residential and commercial rental properties are all paid off,
Tracey Ryniec takes a look at two Zacks Rank #1 (Strong Buy) stocks. Edwards Lifesciences: https://www.zacks.com/stock/quote/EW?cid=CS-YOUTUBE-FT-VID PulteGroup: https://www.zacks.com/stock/quote/PHM?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
(Click here to subscribe to the new Delivering Alpha newsletter.) Engine No. 1 was founded a year ago this month, and since then, has made a splash in the investing world. Most notably, the ESG-oriented investment firm took on Exxon Mobil in a proxy battle and won. It also launched an ETF and published a white paper,
You have to hand it to UBS’ Art Cashin. He loves to play against the crowd. “Cashin the Contrarian” was very much in evidence in my annual look ahead interview with the NYSE floor legend. We met at our usual spot for the past 15 years: Bobby Van’s steakhouse across from the Big Board in
In this article DAL ACN REGN LEN NOV.N-CH V Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta rose 2.3% in the premarket after projecting a $200 million fourth-quarter profit. Consensus forecasts were predicting a quarterly loss for Delta, but the carrier said it is seeing strong holiday demand
When it comes to valuation and value, EV stocks are all over the map. There are names that have important advantages but stretched valuations; Lucid (NASDAQ:LCID) and Tesla (NASDAQ:TSLA) are in that category. On the other hand, multiple companies with many difficult problems still have unwarranted valuations of close to $1 billion or more. I’m
Investors generally look at a company’s business prospects, its sector, and the general macroeconomic outlook in deciding whether or not to own an investment. That’s with good reason. However, it’d be a mistake to overlook company CEOs, as well. Sometimes, even a business that is seemingly in the right place at the right time will
TD Ameritrade and E*TRADE are both very large brokerage firms that have been in the online trading business from its early days. E*TRADE was formed in 1982 as an online broker, while TD Ameritrade was founded in 1975 and began online brokerage operations in 1994. Both companies offer commission free stock and ETF trading, and
As the year winds to a close, stockholders are looking towards top investing trends for 2022. Savvy investors know that staying on top of emerging trends is important. Every other day, we see renewed calls for a steep market correction. Nowadays, many people invest like crazy when they hear about something new coming out from
Oil futures rose Thursday, with investors shaking off worries about the omicron variant of the coronavirus after upbeat data on U.S. inventories and implied demand. West Texas Intermediate crude for January delivery CL00, +0.27% CLF22, +0.27% rose 57 cents, or 0.8%, to $71.44 a barrel on the New York Mercantile Exchange. February Brent crude BRN00,
In this article ROKU CCMP BLMN Simone Baribeau | Bloomberg | Getty Images Check out the companies making headlines in midday trading Wednesday: Medtronic — The medical technology company’s shares declined 6.7% after Medtronic revealed its diabetes business received a warning letter from the Food and Drug Administration on Dec. 9 about the inadequacy of
In recent weeks, more evidence has emerged supporting my initial assessment of Digital World Acquisition Corp. (NASDAQ:DWAC). DWAC stock is a special purpose acquisition company (SPAC) planning to merge with Trump Media & Technology Group Corp. (TMTG). Source: Dmitry Demidovich/ShutterStock.com TMTG is expected to own and operate Truth Social, a new social media website led
One of the tried and true methods for generating an income stream is through investing in dividend stocks. In this era of low interest rates, dividend payments can be a more rewarding way to supplement your income. In turn, many investors plow those payments back into their portfolios. Whatever your strategy is, one of the
Disciplined investors who avoid political and country risks would not look at Alibaba (NYSE:BABA). The crackdown on technology companies is hurting the e-commerce giant. The U.S./China trade war, which began during the last U.S. administration and is continuing through President Joe Biden’s administration, is not helping BABA stock. Source: testing / Shutterstock.com China ordered Didi
The limit for annual contributions to Roth and traditional individual retirement accounts (IRAs) in both the 2021 and 2022 tax years is $6,000, or $7,000 if you’re age 50 or older. However, there are restrictions that could affect how much you can contribute and what you can deduct on your tax return. Key Takeaways The
DigitalOcean (NASDAQ:DOCN) stock is a growth name in a time of value. DigitalOcean nearly matched its 2020 revenue in the first three quarters of 2021. Its losses are narrowing and operating cash flow has skyrocketed. There’s nothing wrong with the cloud hosting company’s operations. Source: monticello / Shutterstock.com What’s wrong is its valuation in the