Facing novel coronavirus headwinds, possible product challenges, and difficult competition, Alteryx (NYSE:AYX) stock should be avoided at its current high valuation. Source: Shutterstock More specifically, the company said that, in the second quarter, the amount of time it needed to make deals increased significantly, and it relied more on shorter-term “adoption deals.” Meanwhile, Alteryx provided
Investors are constantly on the lookout for the next big thin sector which will usher in a wave of change in society. Companies in these sectors have the potential to be the next big thing in the market. Robotics stocks are one such emerging sector. Robotics will change society in profound ways, or that is,
U.S. President Donald Trump approaches reporters as he departs on campaign travel to Minnesota from the South Lawn at the White House in Washington, September 30, 2020. Carlos Barria | Reuters Shares of companies tied closely to the economy reopening declined on Friday as President Donald Trump’s positive Covid-19 diagnosis raised concerns about a second
A man walks a dog in the shade away from the midday sun past the New York Stock Exchange (NYSE) building in Manhattan, during hot weather in New York City, New York, U.S., August 11, 2020. Mike Segar | Reuters President Donald Trump’s health and the state of a fiscal stimulus package will be the
Whenever someone talks about the stock market as a place to buy and sell equities, what usually comes to mind for most people is the New York Stock Exchange (NYSE) or the NASDAQ. There’s no debating why: these two exchanges account for the bulk of stock trading in North America and worldwide. At the same
The stock market has been defying gravity ever since its spectacular March crash, leading some to wonder if another big fall is in store. With a contentious presidential election on the horizon and plenty of pandemic-related uncertainty hanging over equities, it’s fair to assume there are a lot of overvalued stocks out there. Just because
Last month, I discussed the peculiar narrative behind hydrogen fuel cell specialist Plug Power (NASDAQ:PLUG). Starting off as one of the most promising technology startups, PLUG suffered years of disappointment. However, the novel coronavirus pandemic has brought the company into a new light considering the vulnerabilities associated with fossil-fuel-based global supply chains. Suddenly, the left
CNBC’s Jim Cramer on Friday downplayed the stock market decline on President Donald Trump testing positive for the coronavirus, suggesting investors may want to consider buying on pullbacks. “I’m not saying this is much to do about nothing,” Cramer said on “Squawk Box.” ”I am saying that people should have a buy list ready.” Stock futures were sharply
Getty Images Oil prices are expected to rise just slightly in the final quarter of the year, held back from further gains by a deep chill in global travel and a still healing economy. Analysts forecast the prices of Brent and West Texas Intermediate should rise to the low to mid-$40s per barrel, but they
On the first day of trading in the fourth quarter, the stock market got off to a strong start. More stimulus news drove some late day volatility, but it was a solid start to the quarter. With all of that in mind, let’s look at a few top stock trades ahead of the jobs report
As a tech reporter, I have a Mount Rushmore of the last decade’s biggest losers. These are leaders whose arrogance cost shareholders trillions in lost opportunity. One of them has to be Virginia Rometty of IBM (NYSE:IBM). By focusing on dividends and buybacks for IBM stock, Rometty missed the cloud. Source: Laborant / Shutterstock.com She
We’re in the midst of what’s being called the “tech wreck.” After running higher and leading the bull market since mid-April, technology stocks have pulled back in September as investors take profits and evaluate the potential for a second wave of Covid-19 as well as the upcoming presidential election. After rising 75% from a low
When it comes to investing, it helps to be a straight shooter (and a bit of an optimist). But let’s call it for what it is: FAANG stocks, Facebook (NASDAQ:FB) included, have not been doing very well lately. In fact, FB stock stock is down about 12% from its high about a month ago. Source:
Barry Sternlicht, Starwood Capital Group Chairman and CEO, speaking during the 2020 Delivering Alpha conference on Sept. 30th, 2020. CNBC Starwood’s Barry Sternlicht expects high flying technology stocks to fall from their heights if Former Vice President Joe Biden wins the 2020 election and Democrats take control of both chambers of Congress. ”Maybe long term, two,
U.S. House Speaker Nancy Pelosi (D-CA) and Senate Minority Leader Chuck Schumer (D-NY) speak to reporters after their coronavirus relief negotiations with Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows at the U.S. Capitol in Washington, U.S. August 7, 2020. Jonathan Ernst | Reuters The trading community is actively debating the
A help wanted sign is posted at a taco stand in Solana Beach, California. Mike Blake | Reuters Job growth in September was expected to have been less robust than August as some companies made layoffs permanent and others looked to trim costs. The September report, released Friday at 8:30 a.m. ET, is expected to show 800,000
Americans lose some $50 billion a year to financial fraud, according to the Stanford Center on Longevity’s Financial Security Division. If it ever happens to you or someone close to you, here’s what to do. Key Takeaways Financial scams cost Americans more than $50 billion a year. Contrary to popular belief, people who fall victim
When the U.S. Federal Reserve cut the rate to zero, investors that depended on safe, fixed income instruments suffered. The sharply lower bond yields and lack of return from cash forced retirees to invest in the stock market. And because most sectors rose sharply in the last year, dividend-income investors must contend with falling yields
Royal Caribbean’s (NYSE:RCL) ships are docked since March, but RCL stock is surprisingly up 34% in the past two months. There’s nothing to justify the increase at this point, with the company’s debt ballooning and a bleak outlook for the rest of the year. Therefore, it’s clear that RCL stock is overvalued at this point.
Out of 25 packaged food stocks with a market capitalization of more than $2 billion, Beyond Meat (NASDAQ:BYND) has the best performance in 2020, up 123% through Oct. 1 If you broaden the search to include all food-related companies — both consumer cyclical and consumer defensive — Beyond Meat still has the best performance year