Tesla (NASDAQ:TSLA) stock found itself in the headlines yet again on Friday, after Wedbush Securities said that the EV maker will top one million deliveries by 2022 and approach 5 million deliveries by 2030. In the note to investors, Wedbush hiked its base price target on TSLA stock to $950 from $715. Source: Grisha Bruev
Last year was a tale of two halves for dividend equities. Owing to the novel coronavirus pandemic, the first half of 2020 was chock full of payout cuts and suspensions by S&P 500 member firms, but dividends rebounded mightily in the second half of the year, indicating that many of the top stocks for 2021
With society becoming more progressive — a trend well underway before the 2020 election — it was inevitable that cannabis-based products would become all the rage. But cannabis-based investments have become a different story. While the narrative made sense, the relatively low barrier to entry, among other factors, have kept a lid on momentum. Thus,
Kevin Matras shows how to nearly mimic the underlying stock with half the amount invested.
Jane Fraser, chief executive officer for Latin American at Citigroup Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup is scheduled to report fourth-quarter earnings before the opening bell Friday. Here’s what Wall Street expects: Earnings: $1.34 a
Check out the companies making headlines in midday trading. Zoom Video — Shares of the video conferencing giant popped nearly 2% after an analyst at Bernstein named the stock a top pick for 2021. The analyst said his call was based on the growth in Zoom’s Phone business. Exxon — The oil giant slid more
Warren Buffett bought more than $1 billion in Coca-Cola (KO) shares in 1988, an amount that was then equivalent to 6.2% of the company. The purchase made it the single largest position in Buffett’s Berkshire Hathaway’s portfolio at the time. It remains one of Berkshire Hathaway’s biggest holdings today. In a filing in November 2020,
Last month’s malfunction of a Virgin Galactic (NYSE:SPCE) space vehicle made me meaningfully more bearish on SPCE stock. Given the high risks facing the company and the shares’ elevated valuation, I continue to recommend that investors sell the shares. Source: Tun Pichitanon / Shutterstock.com In a column last March, I warned that “it’s impossible to
In June 2012, the world changed forever. You probably didn’t even notice. It was in that month’s issue of the Science journal that U.C. Berkeley professor Jennifer Doudna and Umea University professor Emmanuelle Charpentier unveiled what the scientific community has since labeled the “scientific breakthrough of the century.” The breakthrough: CRISPR-Cas9 genetic editing systems. Doudna
Investors chasing possible vaccine stocks might be puzzled by the market’s treatment of Pfizer (NASDAQ:PFE) and wondering why Pfizer stock isn’t trading higher. Source: Manuel Esteban / Shutterstock.com After all, the New York-based multinational pharmaceutical giant (and its German partner) gained prominence in the battle against the novel coronavirus with an innovative vaccine that apparently
Stocks took a breather today heading into the weekend. We all need a break once in a while, right? Source: Shutterstock After President-elect Joe Biden unveiled a plan for an additional $1.9 trillion in stimulus, the market didn’t rally as many had expected. Still, the news was important, and I discuss Biden’s proposal on today’s
A man walks past a Wells Fargo Bank branch on a rainy morning in Washington. Gary Cameron | Reuters Wells Fargo released on Friday mixed results for the fourth quarter of 2020, sending the bank’s stock lower. Here’s how the numbers compared to Wall Street expectations: Earnings: 64 per share vs. Refinitiv estimate of 60
U.S. President-elect Joe Biden speaks as he announces members of economics and jobs team at his transition headquarters in Wilmington, Delaware, January 8, 2021. Kevin Lamarque | Reuters President-elect Joe Biden moves into the White House in the coming week with the biggest stock market tailwind since a presidential Election Day going back to at
Working for a hedge fund is one of the most appealing career paths for budding finance types. Hedge funds are much less regulated than other investment vehicles, like mutual funds; in fact, their style and inner workings tend to be a bit opaque. While they may be used to leverage or reduce risk, hedge funds
Ideanomics (NASDAQ:IDEX) stock seems like a potentially huge winner. After all, Ideanomics has positioned itself to grow in both the blockchain and electric vehicle industries. Source: Wright Studio / Shutterstock.com I’m as big a bull on those two sectors as anyone. And so you might expect I’d be a bull on IDEX stock as well.
If you’re looking to build a portfolio of stocks to buy with just $5,000, the advent of fractional share ownership has made it a whole lot easier. Google the words “fractional share portfolios,” and you get 527,000 results with everything from reviews on seven of the best fractional share investing brokerages to links to some
I recently suggested that if you could only invest in one clean energy stock — FuelCell Energy (NASDAQ:FCEL) or Plug Power (NASDAQ:PLUG) — I would go with PLUG over FCEL stock. Source: Kaca Skokanova/Shutterstock That was before I even realized that Plug Power had snagged a $1.5 billion investment from SK Group, one of South
Jamie Dimon, CEO of JP Morgan Chase, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galica | CNBC JPMorgan Chase is scheduled to report fourth-quarter earnings before the opening bell Friday. Here’s what Wall Street expects: Earnings: $2.62 per share, 2.1% higher than a
Take a look at some of the biggest movers in the premarket: GameStop (GME) – GameStop is jumping once again in premarket trading after surging the past three days in what some analysts are calling a short squeeze. The video game retailer’s stock was up more than 57% in Wednesday’s session alone. The stock is
“Just a few inches of water from a flood can cause tens of thousands of dollars in damage,” according to the National Flood Insurance Program. This fact sums up why mortgage lenders sometimes require borrowers to buy flood insurance. However, real estate agents and mortgage lenders often don’t tell customers about flood insurance requirements until