I’ve been pounding on the table about cannabis stocks and the potential “Blue Wave” catalyst since August. Now, that Blue Wave catalyst — wherein Democrats control the White House, the House of Representatives and the Senate — is turning into a reality as it increasingly appears that both Democratic candidates will win their Georgia Senate
In my last several articles on Ford Motor Company (NYSE:F) I forecast that the venerable auto maker would restore the dividend this year. Last month, based on a forecast of an annual 40 cents per share dividend (down from 60 cents), I set a target price of $13.96 for Ford stock. Source: JuliusKielaitis / Shutterstock.com
A popular “backdoor” method of going public, the SPAC or special purpose acquisition company featured heavily throughout 2020. And 2021 looks to continue the momentum with Tuscan Holdings Corp (NASDAQ:THCB), which aims to merge with Microvast, an advanced lithium-ion battery maker headquartered in Texas with its manufacturing center in China. Can THCB stock charm investors
Dan Henry, CEO of Green Dot Source: Green Dot Green Dot, a fintech player that’s often overlooked compared to bigger rivals PayPal and Square, has been on a tear lately, with its stock climbing 140% last year. Still, the company’s shares have ample room to run as it launches a digital bank account for low
Democratic U.S. Senate candidates Jon Ossoff (R) and Raphael Warnock (L) of Georgia wave to supporters during a rally on November 15, 2020 in Marietta, Georgia. Jessica McGowan | Getty Images Democratic control of Congress should help keep the bull market in stocks going with a big boost of fiscal spending, but it could also
Ethical violations and criminal activities in various industries have affected our economy over the past few decades, particularly in the banking, financial, and housing sectors. When it comes to financial crimes, mortgages provide ample opportunity for bad actors to steal, defraud, or cut corners. Let’s examine the complex ethical and criminal issues surrounding mortgage fraud.
On so many levels, Chipotle Mexican Grill (NYSE:CMG) has been a winner. Gone are the days when the company was associated with a disturbing series of food-poisoning incidents, after which CMG stock traded at one point well under $300. Today Chipotle’s shares are above $1,350. Source: Northfoto / Shutterstock.com Therefore, congratulations are in order for
Before I get into the details of the opportunity in Lemonade (NYSE:LMND), I want to talk about the entire market. LMND stock has a bright future, but there’s a lot of extrinsic risk because, astonishingly, Wall Street is thriving while Main Street is struggling. Source: Stephanie L Sanchez / Shutterstock.com Mom-and-pop businesses are dying while larger
When recessions strike, the share prices of just about every company fall. This is because stocks are forward-looking and tend to overreact to both the upside and the downside. And when recessions do strike, investors rapidly discount negative earnings growth in the form of lower share prices. For some stocks, however — like Walmart (NYSE:WMT)
“Time is money.” Source: Shutterstock It’s as true now as when Ben Franklin wrote that back in 1748 in his essay, Advice to a Young Tradesman. It takes time to compound your money and multiply your wealth. On the other hand, time spent out of the market often (usually!) results in lost profits. And here’s
Signs of China Telecom, China Mobile and China Unicom are seen during the China International Import Expo (CIIE) at the National Exhibition and Convention Center in Shanghai, China, Nov. 5, 2018. Aly Song | Reuters The New York Stock Exchange will delist three Chinese telecommunication giants after all. The stock exchange will remove U.S.-traded shares
A SunPower executive on site at the California Valley Solar Farm near Santa Margarita, Calif., in San Luis Obispo County. Michael Macor | San Francisco Chronicle | Hearst Newspapers via Getty Images Check out the companies making headlines in midday trading. SunPower – The solar company surged more than 18% as investors eyed the Georgia
The joys of self-employment are many, but so are the stressors. High among those is the need to plan for retirement entirely on your own. You are in charge of creating a satisfying quality of life post-retirement. When it comes to building that life, the earlier you start, the better. Luckily, there are several retirement
Short-term rental platform Airbnb (NASDAQ:ABNB) rewarded investors with holiday cheer to close out 2020. However, Airbnb stock is still not out of the woods regarding the pandemic. Source: BigTunaOnline / Shutterstock.com The lockup period after its initial public offering (IPO) has just come to an end. This, combined with the continuing pandemic, adds more than
Back on Nov. 23, I laid out the fundamental bull case for Chinese electric vehicle manufacturer Xpeng (NYSE:XPEV) stock. Source: Andy Feng / Shutterstock.com First, the company is plying its trade in an incredibly relevant sector. Second, it’s delivering the goods, both in terms of attractive EVs and strong financials. And we can’t forget that
Shares of leading lidar-sensor maker Luminar Technologies (NASDAQ:LAZR) were up almost 89% in December. LAZR stock still has a lot of volatility in its future, though. Source: Shutterstock Luminar recently completed its merger with blank-check company Gores Metropoulos raising almost $600 million in proceeds. The deal will speed up the commercialization of Luminar’s lidar-sensor technology
Source: Oatly Vegan milk brand Oatly is planning a 2021 initial public offering that could raise $1 billion, sources familiar said. The company, which is backed by Blackstone, Oprah Winfrey and Natalie Portman, has hired Morgan Stanley, JPMorgan Chase and Credit Suisse to manage the offering, sources said. Oatly’s valuation will depend on the status
Voters line up early in the morning to cast their ballots in the U.S. Senate run-off election, at a polling station in Marietta, Georgia, U.S., January 5, 2021. Mike Segar | Reuters If Georgia voters surprise the market by electing two Democratic Senators in Tuesday’s runoff election, bond yields could immediately go higher and stocks
What Is a 529 Savings Plan? According to a research report from CollegeBoard.org, for the 2020 to 2021 school year, the cost of attending a public college for an in-state student was approximately $10,560, including tuition and fees. For out-of-state students the cost nearly tripled, $27,020. A year at a private college averaged even more: $37,650. Families need to
I can see why many investors are excited about Jumia (NYSE:JMIA). Basically, JMIA stock is a bold bet on the rise of e-commerce in Africa. Yet — while it has the potential to scale into a massive online shopping powerhouse — you shouldn’t put the cart before the horse. Source: Christopher Penler / Shutterstock.com That is