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When I last wrote about Lordstown Motors (NASDAQ:RIDE) it hadn’t yet acquired its current ticker. It was then under its DPHC ticker in its pre-merger stages. At that time what would become RIDE stock looked to be priced perfectly, not that it was correctly priced instead, Lordstown had a price attached to it reflecting ideal circumstances. Source:
Despite numerous catalysts, Slack Technologies (NYSE:WORK) stock has gone through bouts of volatility. No stock is immune to volatility, but many investors have been disappointed with Slack stock lately. Source: Shutterstock That’s as cases of the novel coronavirus continue to rise at a rapid rate. Yet despite that, Slack stock hasn’t really responded the way
Alteryx (NYSE:AYX) is focused on cloud-based data analytics software. That’s pushing two big buttons for business. Everyone wants to move to cloud-based tools, which are easy to deploy, easy to scale up and remotely accessible. Data analytics is seen as being critical to gaining customer insight and helping businesses rapidly solve problems. That combination, along
Jin Lee | Bloomberg | Getty Images Out on Wall Street, stocks are taking a breather from this month’s rally. Despite encouraging updates on a potential coronavirus vaccine, disappointing unemployment data and a spike in coronavirus cases have spooked investors. Not helping investor sentiment, New York City Mayor Bill de Blasio announced that schools would
Take a look at some of the biggest movers in the premarket: Target (TGT) – Target reported quarterly earnings of $2.79 per share for the third quarter, well above the consensus estimate of $1.60 a share. The retailer’s revenue beat estimates as well, and a comparable-store sales increase of 20.7% beat the consensus estimate of
What Are Costco’s Top 4 Subsidiaries? Costco Wholesale Corporation (NASDAQ: COST) often brags that it was the first company in history to grow from zero to $3 billion in sales in less than six years. That was a while ago. The company’s net sales totaled $163.22 billion for its fiscal year 2020. The company
I’ve been waiting to write about iBio (NYSEAMERICAN:IBIO) in order to see their earnings report and give readers a better handle on the latest IBIO news. As usual, there is nothing worth investing in with this company. Most investors should stay far away from IBIO stock. Source: Shutterstock In fact, the only thing of note
Hacks happen to the most conscientious among us. Your credit cards, bank accounts, retailer-held account information and other types of individual identification data and information are all lucrative opportunities for all sorts of bad actors around the globe. And hacks occur every day on a 24/7 basis every second. The Breach Level Index from major
COVID-19 may be hogging the headlines with the holiday season just around the corner, but the stock market continues trading within reach of record levels. Once again, tech stocks and small caps are outperforming. Source: Shutterstock Today’s Friday edition of MoneyLine is all about showing you what’s going on using charts. And bonus — you
Take a look at some of the biggest movers in the premarket: Macy’s (M) – The retailer lost 19 cents per share for its latest quarter, smaller than the 79 cents a share loss that Wall Street was anticipating. Revenue beat estimates, however. Same-store sales dropped 20.2%, but that was smaller than the 23.3% loss
With the proliferation of plastic and digital alternatives to hard currency, many people consider carrying cash a throwback to an earlier age. In the modern age, it’s all about fast transactions provided by credit cards. Cash may be king, but “buy now, pay later” reigns supreme. While there are many benefits to purchasing with a debit
Download Stig & Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Subscribe to The Investors Podcast on iTunes: https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489 Subscribe to The Investors Podcast on Stitcher: https://www.stitcher.com/podcast/theinvestorspodcast/the-investors-podcast?refid=stpr Subscribe to The Investors Podcast on SoundCloud: https://soundcloud.com/theinvestorspodcast Have a question? Get your voice heard on the show: https://www.theinvestorspodcast.com/your-questions/ ABOUT THE EPISODE: In this episode, Preston
I like BABA at any price below $300, and below $260 where it sits at today is a steal.
Would you pay 30 times revenue for a money-losing “growth” company that had stopped growing? But that’s where Beyond Meat (NASDAQ:BYND) finds itself after reporting a loss of $19.3 million, 31 cents per share, for the quarter ending in September. Sales for Beyond Meat stock came to $94.4 million, up just 2.7% from a year
Pundits and analysts are starting to realize the great potential of vehicles powered by fuel cells and the huge profits that modern, connected vehicles can generate. Meanwhile, in recent weeks, the sentiment toward Nikola (NASDAQ:NKLA) on the Street appears markedly improved. Given all of these points, along with my upbeat view of Nikola’s technology and
If we look closely enough, we may be able to see a light at the end of the COVID-19 tunnel. Source: Shutterstock Ever since the United States began to shut down in March, the greatest hope for a return to normalcy has been an effective vaccine. The news was spectacular this week. Pfizer (NYSE:PFE) and
Game Stop store in New York City. Michael Brochstein | LightRocket | Getty Images The shift away from brick-and-mortar retailers in favor of online shopping has hurt GameStop over the past decade, pushing the company’s stock down nearly 40% in that time period. But Ryan Cohen, the former CEO of Chewy, thinks the maligned video-fame
Take a look at some of the biggest movers in the premarket: Pfizer (PFE) – The drugmaker and German partner BioNTech (BNTX) plan to apply today for emergency use authorization for their Covid-19 vaccine. Earlier this week, study data analysis showed the vaccine to be 95% effective. Pfizer shares added 1% in premarket trading as
U.S. equity markets closed out the week with all three major indexes in the red. The U.S. logged another daily record for coronavirus cases Thursday with 187,833 and reported record hospitalizations for the 10th day in a row. This article is an excerpt from our free The Market Sum newsletter. Sign up here to receive it in