For investors willing to take a risk, 2020 has offered many opportunities. Exxon Mobil (NYSE:XOM) isn’t one of them. Despite XOM stock being down 52% from the start of the year, don’t bet on Exxon Mobil shares suddenly becoming a hot commodity. Even now that oil surpluses are running dry and prices have begun to
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The agreement last month by SPAC stock Pivotal Investment Corporation II (NYSE:PIC) to merge with privately held electrical vehicle company, XL Fleet will be a big deal for PIC stock investors and the target company’s owners. Source: Pasuwan/ShutterStock.com Shares of the special purpose acquisition company should move substantially higher both before and after the deal’s expected
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Pinterest (NYSE:PINS) is expected to report earnings after the markets close on October 28. The social media company has continued to gain enormous popularity during the novel coronavirus pandemic; in fact, PINS stock has climbed 176% so far this year. Source: Nopparat Khokthong / Shutterstock.com While many companies took a nosedive, Pinterest’s status as a
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Kevin Mandia, CEO, FireEye  Scott Mlyn | CNBC Check out the companies making headlines midday after hours on Tuesday: Microsoft — Microsoft shares whipsawed after the tech giant reported better-than-expected results for the previous quarter. The company posted an adjusted profit of $1.82 per share on revenue of $37.15 billion. Analysts expected earnings per share
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While Tesla (NASDAQ:TSLA) has a big lead in China’s electric vehicle market, the government there is determined to make it a short-lived one. To that end it has gone all-in on Nio (NYSE:NIO), originally a “Chinese Tesla” launched by a Chinese Musk named William Li. Meanwhile, shares of Nio stock have climbed. Source: Sundry Photography /
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Within the equity portfolio, it’s important to remain diversified across aggressive stocks (high beta stocks) and safe stocks. In general, defensive or safe stocks are from mature industries. Companies therefore have robust cash flows, an attractive dividend yield and stability in earnings. These stocks provide regular cash flows through dividends and also help in capital
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With a No Sail Order currently in place in the United States, it’s tough to build a bullish case for cruise ship operator Carnival (NYSE:CCL). Nonetheless, some brave souls are dipping into Carnival stock, despite the obvious headwinds. From a very-long-term time horizon, buying Carnival shares might make sense. After all, a successful novel coronavirus vaccine
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The Harley-Davidson LiveWire electric motorcycle Source: Harley Davidson Check out the companies making headlines in midday trading. Shopify – Shares jumped more than 4% after  the Canadian e-commerce company unveiled a partnership with TikTok to help its clients advertise on the Chinese social media platform The deal allows TikTok users to click on an ad
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During the pandemic, telecommunications companies like Verizon have done relatively well, due in large part to the increased number of people using their devices at home. This means more devices, more data used, and more home Wi-Fi plans through telecom companies like Verizon (NYSE:VZ). Source: Ken Wolter / Shutterstock.com In terms of 5G, though, Verizon
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Cloud stocks and tech stocks have outperformed in 2020, despite all the uncertainty. There was the spike in volatility back in March 2020, then the massive stock market sell-off (and the even more remarkable stock market rally) in the months that followed. And then there’s the coronavirus pandemic, an external factor nobody could have predicted.
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