After hitting record stock prices on high hopes for alcoholic seltzer drinks, Boston Beer Co. Inc. fell flat Thursday, and executives admitted they had “overestimated the growth of the hard seltzer category.” Boston Beer SAM, +1.89%, maker of Sam Adams beer and Truly-branded alcoholic teas and seltzers, reported a second-quarter profit decline and significant earnings
SoFi Technologies (NASDAQ:SOFI) stock doesn’t look good in the short term, but that doesn’t mean it isn’t worth buying. Source: rafapress / Shutterstock.com Its short-term indicators, as well as its financial results, scream sell. But its plans, its trends, and its leadership all tell analysts to recommend you buy it. Right now, critics like our
In this article HAL RUN NOVA VZ NFLX CMG Customers wait outside of a Chipotle restaurant as they wait to enter in order to place an order as Florida continues with its Phase 1 of reopening the state during the Coronavirus (COVID-19) pandemic on May 19, 2020, in Aventura, FL. Icon Sportswire | Getty Images
Canopy Growth (NASDAQ:CGC) and CGC stock lost ground in recent days due to the realization by investors that the new cannabis legalization bill being put forward by Senate Majority Leader Chuck Schumer has got a long way to go before it goes to a vote. Source: Shutterstock When it does, it’s doomed to fail.
While even former dogs like Ford Motor (NYSE:F) have gotten expensive of late, JPMorgan Chase (NYSE:JPM) stock remains dirt cheap. Source: Roman Tiraspolsky / Shutterstock.com America’s biggest bank opened July 14 at $149.71 per share. That’s a market cap of $447 billion, which sounds massive. But it’s also a price-to-earnings ratio of just 10. There’s
Many may be waiting for the other shoe to drop with Gamestop (NYSE:GME) stock. But not even market-wide jitters about the Delta variant could knock down the most popular “meme stock.” In fact, on the day the Dow slumped over concerns, GME stock ticked higher rather than lower. Source: Emil O / Shutterstock.com Will this
Many businesses offer some form of qualified retirement plan and, in doing so, they fall under the governance guidelines of the Employee Retirement Income Security Act of 1974, better known as ERISA. ERISA establishes guidelines and minimum standards designed to protect employees of private sector companies who participate in retirement and welfare benefit plans. Businesses
European stocks rose Thursday as traders renewed bets on an economic recovery, ahead of a European Central Bank meeting in which the central bank will communicate its intention to keep monetary policy loose for the foreseeable future. The Stoxx Europe 600 SXXP, +0.77% rose 0.5%, with travel and leisure stocks including cruise operator Carnival CCL,
As all eyeballs focus on the remarkable record-breaking ascent of the major indices, less attention is paid on defensive names. That’s only natural because of immediacy bias or the tendency to perceive current emotions as more intense than previous emotions. Nevertheless, it might be time to think about hedging against this soaring valuation and what
Online brokerage pioneer Thomas Peterffy told CNBC on Wednesday he’s invested in cryptocurrencies, while still expressing skepticism over the long-term future of the digital asset class. “Even I myself have put a little bit of money into crypto, because even though chances are, I think, that this is not going to be a viable market,
In this article CSX KMI TXN LVS Signage is displayed outside the Venetian Resort in Las Vegas, Nevada, U.S., on Sunday, Oct. 18, 2020. Roger Kisby | Bloomberg | Getty Images Check out the companies making headlines in after-hours trading. Las Vegas Sands — Shares of the casino giant slipped 2% in extended trading after
In general, Dividend Aristocrats are the foundation for the portfolios of most serious dividend growth investors. European Dividend aristocrats are typically blue-chip stocks that have proven to reward shareholders with rising dividends over a long period. While historic dividend payment does not guarantee future distributions, it can help investors when accessing the likelihood of a
Health insurance company Clover Health (NASDAQ:CLOV) is on a mission to lower costs for Medicare patients. So far, it is spending more money than it brings in. Additionally, activist short-seller Hindenburg Research released a scathing report that criticizes its business model and the quality of its software. As a result, CLOV stock is incredibly volatile
Externalities can be both positive and negative. They exist when the actions of one person or entity affect the existence and well-being of another. In economics, there are four different types of externalities: positive consumption and positive production, and negative consumption and negative production externalities. As implied by their names, positive externalities generally have a
To make a comparison to football, IBM (NYSE:IBM) is the Dallas Cowboys of technology. How do I mean? Well, both IBM and the Cowboys are overrated. They haven’t won a title in a quarter century and they’re not going to do it this year. Their system is stale, yet somehow they still have fans. All
To market veterans, talk of a stock-market “bottom” after a mere 3% pullback might sound odd, but that’s the sort of world investors live in right now, says one chart watcher. While stocks have climbed in 2021, hitting new highs as recently as last week, fewer and fewer individual stocks have participated in the move,
Among the Electric Vehicle companies in China, Li Auto (NASDAQ:LI) stock is the least followed by the bullish investors. Source: Carrie Fereday / Shutterstock.com LI stock has the highest short interest and lowest market capitalization compared to NIO (NYSE:NIO) and XPeng (NYSE:XPEV). In June, Li Auto posted 7,713 Li ONE deliveries, up 320.6% year-on-year and
An American Airlines plane lands at the Miami International Airport on June 16, 2021 in Miami, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Simon Property Group — The mall operator rose 5% after Stifel upgraded the stock to buy from hold. The Wall Street firm said Simon
AMC Entertainment (NYSE:AMC) stock been on a rollercoaster ride so far this year. The r/WallStreetBets community turned the investment world upside down by joining forces to bid up AMC stock, boosting the price by nearly 3,000% at one point in the year via short squeezes. These wild swings in price have in fact become a virtual showdown
Over the past few years, commission-based financial advisors have seen a decline in new business across the wealth management sector. Why? Because the investment industry as a whole has largely shifted towards fee-based financial advice as clients are looking to only pay for the services they need. Commission-based financial advisors have seen a decline in