Shoppers walk past a “Sale” sign outside a store at the Easton Town Center Mall in Columbus, Ohio, on Thursday, Jan. 7, 2021. Luke Sharrett | Bloomberg | Getty Images Shutting down a $20 trillion economy in full swing seemed a daunting enough task by itself. Restarting that massive machine has proven still tougher. A
Walmart (NYSE:WMT) knows how to wow the markets. It told the world and analysts during its February 18 earnings release that it expects “low single digits” in sales growth. Meaning 1% or 2%. As a result, don’t expect WMT stock to take off this year like a thunderbolt. Source: Ken Wolter / Shutterstock.com Moreover, Walmart’s
The Supreme Court’s decision legalizing same-sex marriage in all 50 states in 2015 was undoubtedly a watershed moment in American society. It also had some major practical implications for same-sex couples, including the ability to file federal taxes using the married designation and filing status. Domestic partnerships and civil unions—although counted as legal relationships that are recognized on the state level—are
The growth stock meltdown of late February and early March has created some compelling buying opportunities. One such opportunity is in one of my favorite small-cap growth stocks, healthy energy drink maker Celsius (NASDAQ:CELH). Back in early September 2020, I told subscribers of my financial newsletter The Daily 10X Stock Report — which is aimed at delivering
Way back there in 2017, Naked Brand Group Inc. (NASDAQ:NAKD) traded in territory worthy of a mega-buff body builder. If I have my figures right, NAKD stock topped $1,400 per share on Feb. 10, 2017. It was a heady time for a company that, in its own words, “focused on enhancing the architecture of the
Signage is displayed on the ZoomInfo Technologies headquarters in Waltham, Massachusetts, on Wednesday, June 3, 2020. Scott Eisen | Bloomberg | Getty Images How are investors supposed to find stocks poised to outperform amid the latest round of market volatility? One way is by following the activity of analysts with proven stock picking abilities. TipRanks
Car stocks, especially shares of electric vehicles (EVs), have turbocharged portfolios in the past year. Meanwhile, the auto industry — which increasingly relies on semiconductors — has been in the limelight. However, due to the current chip shortage, many car makers have announced they would be temporarily halting production. As a result, car stocks have
Medtronic (MDT) is a billion-dollar, global leader in medical technology, offering medical devices and therapies to more than 72 million people across 150 countries. Medtronic—derived from combining terms medical electronics—was formed in a Minneapolis garage by Earl Bakker, who later created the battery-powered pacemaker, and accomplished engineer Palmer Hermundslie. As of 2021, Medtronic has a
Stitch Fix reported some disappointing numbers for the quarter and the stock is under pressure.
To say the world changed in the last 12 months is a massive understatement. How we think about things is fundamentally different, thanks to the coronavirus pandemic. It’s those changes, however, that create new investing opportunities, such as one that exists today with CrowdStrike (NASDAQ:CRWD) stock. Source: VDB Photos / Shutterstock.com Since Covid-19 was declared a
Think of AT&T (NYSE:T) as a bond, not a stock. Seen from that perspective, it’s a bargain. You pay $30 a share and expect $2.08 each year in dividends. That’s an annual yield of nearly 7% on each share of T stock. With even junk bonds now paying just 4% it’s a slam dunk. Source: Roman
Ideanomics (NASDAQ:IDEX) has been one of the more actively traded stocks in 2021. On Feb. 8, IDEX stock closed at $5.43. That was fueled by retail investors eyeing their next GameStop (NYSE:GME) candidate (IDEX isn’t available to institutional investors, yet). However the stock couldn’t hold its 163% gain and is trading at about 50% of
AT&T CEO John Stankey told CNBC on Friday the company can maintain its dividend payment while still investing in growth businesses like direct-to-consumer streaming service HBO Max. Stankey made in the comments on “Squawk on the Street” in response to a question from CNBC’s David Faber, who asked the CEO if money AT&T used to
Check out the companies making headlines before the bell: Oracle (ORCL) – Oracle reported an adjusted quarterly profit of $1.16 per share, 5 cents above estimates, and the business software giant’s revenue was slightly above Wall Street forecasts. However, revenue in Oracle’s cloud division fell short of analyst projections, and Oracle shares fell 5.4% premarket.
ChargePoint Holdings (NYSE:CHPT), an EV charging company that has come to market via the Switchback Energy Acquisition Corp. (NYSE:SBE) SPAC, has been a volatile. Indeed, CHPT stock has fallen approximately 40% from its 52-week high late last year. Source: Michael Vi / Shutterstock.com There are a couple of factors driving shares lower. Among these are the rise
Inflation can have a dampening effect on fixed-income investments, reducing their purchasing power and cutting their real returns over time. This happens even if the inflation rate is relatively low. If you have a portfolio that returns 9% and the inflation rate is 3%, then your real returns are about 6%. Inflation-index-linked bonds can help
The rise of the gig economy has been a boon for FVRR (NYSE:FVRR) stock, a platform that connects business to a global network of freelancers. Source: Temitiman / Shutterstock.com Following the 2008 recession, gig jobs were are largely dispersed with 97% of freelancing happening offline. Micah Kaufman, the founder of Fiverr set out to change
Canadian enterprise software group Blackberry (NYSE:BB) has had a rollercoaster ride in recent weeks. BB stock finished 2020 at $6.63. Then, on Jan. 27, it hit a multi-year high of $28.77. By March, the share price was down to $8.82, but today BB rests at around $11.50. Source: Shutterstock This recent volatility in BB stock has,
Scott Flanders, CEO of eHealth Adam Jeffery | CNBC Company: eHealth Inc. (EHTH) eHealth provides private health insurance exchange services to individuals, families, and small businesses in the United States and China. Its e-commerce platforms organize and present health insurance information in various formats that enable individuals, families, and small businesses to research, analyze, compare,
A visitor in front of the Wall Street Bull, a bronze sculpture in the Financial District of Manhattan New York, May 19, 2020. Timothy A. Clary | AFP | Getty Images A year after the Covid pandemic forced the nation into a shutdown, the stock market has been overhauled in ways Wall Street never imagined.