The long-term bulls in Square (NYSE:SQ) are finally seeing their investments pay off. Square stock has taken its time, but 2020 has been a robust year for shares. (The stock is up 168% so far).Over the past year, the stock is up roughly the same amount. Source: IgorGolovniov / Shutterstock.com Some say the stock has
Twitter (NYSE:TWTR) stock plunged by more than 20% in late October after the social media company reported third-quarter numbers that — while ostensibly very strong — didn’t quite live up to supercharged investor expectations. Twitter stock had, after all, surged more than 60% year-to-date heading into the print. Source: Worawee Meepian / Shutterstock.com Plenty of
Raymond James CEO Paul Reilly told CNBC on Friday that long-term investors should not be scared away from equity markets, despite the rise in coronavirus cases and other risk factors that weighed on Wall Street in October. “The important message is stay invested,” Reilly said on “Power Lunch.” “If you’re afraid of some segments, that’s
Check out the companies making headlines in midday trading. Twitter – Shares dropped more than 20% after the social media company reported user growth that fell short of expectations amid heightened scrutiny and the challenge of handling posts around the U.S. election. Twitter ad revenue grew 15% year over year to $808 million, but the company
With the awful impact of the novel coronavirus pandemic, the oil industry — let alone individual names like Exxon Mobil (NYSE:XOM) — faces a steep uphill battle. Not only that, the sector is in a knife fight, one in which it will survive. However, it will not emerge unscathed. But figuring out which companies will
Stocks that deliver monthly income aren’t that common. Many energy master limited partnerships (MLPs) were monthly dividend payers, but those days are over. And even the best of them aren’t a very good pick right now. That makes finding the best monthly dividend stocks a challenge. But some stocks still do deliver monthly income that
Tesla (NASDAQ:TSLA) isn’t giving the bears what they want, which is a collapse into oblivion. And while TSLA stock has been volatile, the past year has really been one giant victory lap for the bulls. Source: Grisha Bruev / Shutterstock.com At its highs, Tesla stock commanded a market capitalization in excess of $450 billion. That
Since late September, Nokia (NYSE:NOK) stoke was gaining some momentum, with the share price going from $5 to $6. But on the news of NOK stock and its third quarter results, the gains have been wiped out. The shares are off about 18% or so. Source: rafapress / Shutterstock.com This pattern is typical for Nokia.
A view of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters Exxon Mobil reported its third straight quarter of losses on Friday as depressed oil demand sparked by the coronavirus pandemic weighed on the company’s operations. During the third quarter the company lost $680 million, although Exxon said results improved on a
People walk by the New York Stock Exchange (NYSE) in lower Manhattan on October 02, 2020 in New York City. Spencer Platt | Getty Images The best hope for markets in the week ahead is that there is a clear cut winner in Tuesday’s presidential election. The election looms large as the biggest wild card
Some investors are attracted to Chinese beverage chain Luckin Coffee (OTCMKTS:LKNCY) like moths are drawn to a bright light at midnight. Investors should know better, though, and resist spending their money on shares of Luckin stock before they get burned by the hot bulb of reality. Source: Robert Way / Shutterstock.com Luckin thinks of itself
Energy Transfer LP (NYSE:ET) used to have an outsized yield. It had been paying a 30.5 cents quarterly dividend ever since the first quarter of 2018, giving Energy Transfer stock a whopping 19.7% dividend yield. But on Oct. 27 management announced a 50% cut in the quarterly dividend to 15.25 cents. Source: Casimiro PT / Shutterstock.com
Presidents get a lot of the blame, and take a lot of the credit, for the performance of the stock market while they are in office. However, the truth is that the president’s ability to impact the economy and markets is generally indirect and marginal. It’s Congress that sets tax rates, passes spending bills, and
Tech stocks have proven they have the potential to deliver incredible returns. Technology companies by their very nature are innovators, and that means every once in a while, one them captures lightning in a bottle. Like the iPhone, or the Echo smart speaker, or services we take for granted today like streaming video. Speaking of
The world is flooded with special purpose acquisition companies (SPACs) these days. But — while a lot of these SPACs do present compelling early-stage investment opportunities — arguably none are as attractive as Social Capital Hedosophia Holdings Corp. II (NYSE:IPOB) stock. Why is that? Because IPOB stock — which is the second SPAC from well-known
Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said Wednesday that a lack of coronavirus stimulus is making it hard for investors to buy stocks into a worsening of the United States’ Covid-19 outbreak. “It’s very hard to buy a lot of stocks when you see these numbers,” Cramer said on “Squawk Box,” as
Check out the companies making headlines after the bell: Alphabet — Shares of Alphabet soared 10% in extended trading after the Google parent company posted quarterly results that topped Wall Street expectations. The company reported earnings of $16.40 per share and $46.17 billion in revenue for the third quarter. Analysts surveyed by Refinitiv projected $11.29
Introduction to the Zacks Rank and how using it can help you become a better investor.
Cloudflare (NYSE:NET) appears to offer solid content delivery networks and IT security products that should enable the company to grow significantly going forward. But given the sky-high valuation of NET stock, and the strong threat from Fastly (NYSE:FSLY), I recommend that investors sell Cloudflare at this time. Source: Shutterstock Cloudflare’s bread and butter seems to
Whether you’re just entering the market or are a stock market veteran, investing in stocks comes down to making your invested cash worth more over time. And this comes not just by an S&P 500 Index that maybe moves up, but by making the time and effort to invest in companies that are growing their