I know what it’s like to be aligned with the latest phenomenon in the market: r/WallStreetBets, the subreddit on social media platform Reddit that has driven failing video game retailer GameStop (NYSE:GME) to the moon. But when it comes to WSB’s latest target Naked Brand (NASDAQ:NAKD), I’ve got to reassess whether I’m an advocate of
If you have to think about the answer, you’re not a very good investor in my opinion. That’s because Hims & Hers Health (NYSE:HIMS) plays in a segment of health care that continues to be ripe for growth, while GameStop (NYSE:GME) is a broken company with a possible second act. At current prices, you can
Nio (NYSE:NIO) stock showed record-breaking performance over the past year, returning more than 1,100%. Put another way, $1,000 invested in NIO stock in late January 2020 would now be more than $12,000. Source: xiaorui / Shutterstock.com On Wall Street, 2020 was the year of electric vehicle (EV) and alternative energy stocks. According to recent metrics,
The WallStreetBets forum on the Reddit Inc. website on a laptop computer and the GameStop logo on a smartphone arranged in Hastings-On-Hudson, New York, U.S., on Friday, Jan. 29, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images GameStop shares were volatile in pre-market trading on Monday as the Reddit-fueled frenetic trading continues. Shares of the
Take a look at some of the biggest movers in the premarket: Otis Worldwide (OTIS) – The world’s biggest producer of escalators and elevators reported quarterly earnings of 66 cents per share, 7 cents a share above estimates. Revenue came in above estimates as well and Otis issued a better-than-expected earnings forecast for 2021. Otis
This week’s video covers two companies where management has made key decisions for the future of their respective companies; Johnson & Johnson (JNJ), and International Paper (IP). Johnson & Johnson: https://www.zacks.com/stock/quote/JNJ?cid=CS-YOUTUBE-FT-VID International Paper: https://www.zacks.com/stock/quote/IP?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Visa Inc. (V) is one of the dominant digital payments brands globally, providing services in more than 200 countries and territories to individual consumers, merchants, financial institutions, and governments. The company provides a broad range of services, which include authorization, clearing, and settlement services for financial institutions and merchants. Additionally, while Visa does not issue
As I’ve said before, Sundial Growers (NASDAQ:SNDL) stock is a legalization lottery ticket. That is to say, shares could see outsized returns whenever the U.S. government legalizes marijuana. The prospects of that happening may look stronger now than they did a few months back. but it’s far from a lock it’ll happen in the coming
Advanced Micro Devices (NASDAQ:AMD), one of the largest makers of computer and graphics chips, released robust fourth-quarter results on Jan. 26, beating on top and bottom lines. But following the announcement, investors decided to hit the “sell” button in AMD stock. Source: Fabio Alcini / Shutterstock.com Despite the rapid drop in AMD shares in recent
The fine folks at Reddit already think I’m a useless pile of manure so this take will be injurious to me because it might strike a little too close to home. Nevertheless, I think it’s substantially relevant for Pershing Square Tontine (NYSE:PSTH), the special purpose acquisition company that billionaire activist investor Bill Ackman sponsors. As
A stack of Starlink internet satellites just before a launch. SpaceX SpaceX is preparing to begin production of the next-generation of its Starlink internet satellites, according to a company job posting, with the company having deployed more than 1,000 first-generation satellites in orbit to date. A posting on the company’s careers page, open at the time
Facebook’s logo displayed on a phone screen and keyboard. Jakub Porzycki | NurPhoto via Getty Images Check out the companies making headlines after the bell: Facebook — Shares of the social media giant was down more than 4% in after hours trading on Wednesday following its quarterly results. Earnings came in at $3.88 per share,
Robinhood, the mobile-only online brokerage that disrupted the financial technology industry by charging commission-free trades, was launched in December 2014 with a waitlist of more than 500,000. Company founders Vladimir Tenev and Baiju Bhatt, Stanford physics graduates, believed that Robinhood would motivate a new generation of would-be investors with their mobile platform. Robinhood’s mission was
The stock market had a big sell-offs last week. The S&P 500 dropped more than 3% for the week, and the Nasdaq composite fell more than 4%. Leading momentum names, such as Nio (NYSE:NIO) stock, gave back significant ground. In particular, Nio, for what it’s worth, declined more than 5% for the week. Source: Andy
When cryptocurrencies pulled back, so did mining stocks, like Marathon Patent Group (NASDAQ:MARA). MARA stock and the rest took a hit after U.S. Treasury Secretary Janet Yellen warned cryptocurrencies are being used “mainly for illicit financing.” Source: biggunsband / Shutterstock.com She added she would “need to examine ways in which we can curtail their use
The average investor is probably very familiar with some of the more well-known dividend growth stocks like 3M Company (NYSE:MMM), The Coca-Cola Company (NYSE:KO) and Johnson & Johnson (NYSE:JNJ). But when it comes to Dividend Kings, those stocks with at least 50 consecutive years of dividend growth, there are many names with smaller market capitalizations that
NIO’s (NYSE:NIO) relentless uptrend, which accelerated in the last few months, is showing no signs of fatigue. Nio stock is benefiting from several stock sales and convertible notes offering. The cash raised is not hurting Nio stock yet. Demand for the hot stock gives the company many more opportunities to strengthen its balance sheet. Source:
Johnson & Johnson products on a shelf in a store in New York. Lucas Jackson | Reuters It was a busy week for Wall Street. Heavyweights like Apple, Microsoft, Facebook, Boeing and Tesla, among others, stepped up to report their earnings for the most recent quarter. However, some analysts and strategists were more focused on
Some market pros see the frenzied short squeezes in Gamestop and other stocks as signs of a bubble brewing, but the Federal Reserve doesn’t seem to and for that reason investors expect asset prices could continue to rise. Fed Chairman Jerome Powell, at his post meeting briefing Wednesday, was asked about the potential of Fed
Buy to open or buy to close? Want to know what these really mean? This video will help you understand these things and use them to your advantage! Start earning more money with Options Trading! Get the Options Mastery Butterfly Course at https://rise2learn.com/ now! #optionstrading #optionsstrategy #makemoney #optionsterms #optionsterminology #buytoopen #buytoclose Posted at: https://tradersfly.com/blog/buy-to-open-and-buy-to-close-options-terminology-explained/ ✔️