In prior articles on Clover Health (NASDAQ:CLOV) stock, I’ve been bearish on this name still popular with the Reddit trading community. Source: Shutterstock That is still the case, even after the Medicare Advantage plan provider posted quarterly results that came in above analyst estimates, and released guidance showing that its rate of growth could come
The CMA CGM Marco Polo, an Explorer class container ship is aided by a tug boat as it crosses under the Verrazzano-Narrows Bridge, to enter New York Harbor as seen from Brooklyn, New York, U.S., May 20, 2021. Brendan McDermid | Reuters The world economy runs on global supply chains. But that system is now
Ocugen (NASDAQ:OCGN) stock is up from a near-term trough of $5.24 on April 20, and $6.13 on June 14 to $7.59 as of Aug. 31. But this gain is not as much as I predicted in my previous article on OCGN stock, where I suggested it was worth $8.08. Source: Shutterstock This implies that it still
Buying a new home can be complicated, especially if you’re a first-time homebuyer. In fact, a survey conducted by Homes.com found that 40% of Americans believe buying a home is one of the most stressful life events. Despite these challenges, the low interest rate environment of the past 18 months has created historic opportunities for
When I was younger, we had a saying on our vacations. “That was scary but not dangerous.” This meant it was fun. Right now, Carnival Corporation (NYSE:CCL) stock is both scary and dangerous. That doesn’t mean it can’t be a winner. CCL stock trades at $28, less than half of its pre-pandemic price. The market
Home builders and other construction companies increase spending in July, reflecting both higher demand and higher prices for materials. Outlays rose 0.3% in July at a $1.57 trillion annual pace, the Commerce Department said Wednesday. That’s how much money would be spent on construction in the entire country this year if outlays rose by the
A view of the New York Stock Exchange Building on Wall Street in Downtown Manhattan in New York City. Roy Rochlin | Getty Images Entertainment | Getty Images September is the worst month, and it may not matter. It’s an old trader saw: September is the worst month of the year. It’s true, since 1945
“The future of sports is electronic. The future of sports is mobile. The future of sports is now.” This is what Skillz Inc. (NYSE:SKLZ) says in a video about how it works. But if this is the future of sports, then why did SKLZ stock fall over 45% year to date to Monday’s close of
A general view of the atmosphere at the TommyXZendaya collection launch event at the Tommy Hilfiger store on March 3, 2019 in London, England. (Photo by David M. Benett/Dave Benett/Getty Images for Tommy Hilfiger) David M. Benett | Getty Images Entertainment | Getty Images Check out the companies making headlines after the bell. CrowdStrike Holdings
Broader markets have been celebrating new record highs regularly over the summer. Year-to-date (YTD), the Dow Jones Industrial Average (DJIA), the S&P 500 index, and the Nasdaq 100 index are up about 15.6%, 20.5%, and 18.2% respectively. Meanwhile, analysts debate whether valuation levels for many stocks are overextended at this point. Nonetheless, there are several catalysts that
I’ll start by stating that any month is a great month to buy dividend aristocrat stocks. September is proving to be a volatile month in terms of economic headwinds posed by Covid-19. That has essentially been true for all of 2021, let’s hope 2022 is better. But that volatility leaves investors searching for stability. That
Buy now, pay later (BNPL) represents a growing payment trend among shoppers. Point-of-sale (POS) installment loans like these allow consumers to make purchases online or in stores and pay for them in a number of installments, often interest-free. As many as 60% of consumers have used buy now, pay later services the past, and 46%
It’s no exaggeration to say that BlackBerry (NYSE:BB) is a completely different company than it was in the first decade of the 2000s. Prior to the Great Recession, it felt as if BB stock would just keep going up forever. Source: Shutterstock Today, though, it’s almost humorous to think that BlackBerry once held a leadership position
Dear Quentin, My grandparents have an estate valued at over $2 million. My grandfather passed away and my grandmother is not in the greatest of health. They had three daughters, my mom being the oldest. My mom passed away in 1989, and only the two sisters are left. The middle sister is the executor of
Gaming platform Roblox (NYSE:RBLX) is facing reopening obstacles. The engagement on its platform in North America, where economies are opening, was down 9% last quarter versus the same period a year earlier. Moreover, its disappointing second-quarter results suggest that it will face challenges going forward. Though the firm has a healthy growth outlook, its bloated
Take a look at some of the biggest movers in the premarket: Zoom Video (ZM) – Zoom reported quarterly earnings of $1.36 per share, 20 cents a share above estimates. Revenue also beat forecasts and topped $1 billion for the first time. Growth rates have slowed from the meteoric levels seen as the pandemic began
We can’t discuss Tilray (NASDAQ:TLRY) without leaving the door open for a super spike. GameStop (NYSE:GME) did not invent the phenomenon, TLRY stock did it years ago. While this alone is not an investment thesis, it serves as a reminder that it’s OK to own shares now. I don’t condone going all in now, but
The U.S. Securities and Exchange Commission (SEC) is considering a full ban on the payment for order flow (PFOF). The reason is that this practice creates “an inherent conflict of interest,” according to SEC Chairman Gary Gensler, in a recent interview with Barron’s. Payment for order flow (PFOF) has become a hot topic in 2021
The setting for QuantumScape’s (NYSE:QS) success is as good as it gets. It has a home in the environmental, social and governance (ESG) investment theme, which is growing in popularity. Also, the electric vehicle is making a bid for supremacy in the future of propulsion. Therefore, demand for battery solutions will likely remain this strong
After months of lockdowns, one might have thought that Americans would jump at the opportunity to spend money on goods and services besides takeout and streaming services. But the opposite happened in the second quarter this year. Americans spent 9% less in the second quarter compared to the first quarter of this year, according to