The race for a vaccine for the novel coronavirus has been a hot topic among investors for good reason. Investors who pick winners early will likely become millionaires overnight. That’s the only reason Novavax (NASDAQ: NVAX) is on traders’ radar right now. Over the past year, NVAX stock has hit $189 per share, but it’s
Latest Updates: 3 Oil Stocks to Buy for a Trump-Driven Conflict [Thursday, August 27, 4:08 pm]Contributed by Sarah Smith According to one analyst, investors need to be thinking not only about what stocks to buy for after the election, but about stocks to buy for before the election. What does that mean? And how can you go about
CNBC’s Jim Cramer said Thursday that investors will want to have money in the stock market if Congress approves another coronavirus relief bill. “If we get a stimulus package and you’re out of the market, you will feel awful,” Cramer said on “Squawk on the Street.” ”I do feel the stimulus package is very hard to get.
CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters Check out the companies making headlines in midday trading. U.S. Steel — U.S. Steel shares popped more than 9% after the company reported a smaller-than-expected loss for its
It was a quadruple witching day, one of four in the year that can create tough trading environments amid choppy price action. With that in mind, let’s look at a few top stock trades for next week. Top Stock Trades for Monday No. 1: Apple (AAPL) Big tech hasn’t been doing great. And with its
The stock market can be broadly separated into two groups — dividend stocks and non-dividend stocks. Among stocks that pay dividends to shareholders, most do so on a quarterly basis. But there are other directions a company can take with its capital return policy. Some companies decide to pay a dividend once per year, while
Investors in FuelCell Energy (NASDAQ:FCEL) have waited over a decade for good news. All they got in Q2 was another $15 million loss to add to their $1.1 billion accumulated deficit. Shares dropped -18%. Source: Kaca Skokanova/Shutterstock Please. I’m asking. It’s time to stop throwing good money at bad stocks. FuelCell may have been a
Staying vigilant against Internet scams and other fraud has become a natural part of life for many consumers, yet scams are successfully perpetrated every day. One reason is that individuals who intend to commit fraud have become more creative than ever, and they choose their targets with care. One group of people that scammers like
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Last week, DraftKings (NASDAQ:DKNG) stock was trading well. Shares were climbing despite the overall market — and tech stocks specifically — taking a painful slide. Because of that strength last week, DraftKings stock was on a lot of investors’ radar coming into this week. Source: Lori Butcher / Shutterstock.com What many weren’t expecting, though, was
Chime CEO Chris Britt Source: Chime The fintech world has a new heavyweight. Chime, the start-up that delivers banking services through mobile phones, has closed a fundraising that values the company at $14.5 billion, CNBC has learned exclusively. That lofty figure makes Chime the most valuable American fintech start-up serving retail consumers. Robinhood, the popular
A trader working after the Nasdaq opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Stock picking has a terrible track record, and it’s getting worse. That’s the thesis of Larry Swedroe and Andrew Berkin’s book, “The Incredible Shrinking Alpha,” just out in its second edition. Swedroe is
A pedestrian wearing a face mask looks at a smartphone while passing in front of the New York Stock Exchange (NYSE) in New York, on Monday, July 20, 2020. Michael Nagle | Bloomberg | Getty Images After another week of losses, tech could be at the heart of a tug of war as dip buyers
It’s been almost three months since Landcadia Holdings II (NASDAQ:LCA) announced it was combining with the Golden Nugget’s online gaming business. LCA stock is up 80% since the announcement. Source: Shutterstock If you’re thinking about backing billionaire Tillman Fertitta’s latest SPAC adventure, you might want to think twice. Here’s why. I’m a Big Fan of
Microsoft (NASDAQ:MSFT) has been very strong during the pandemic. Based on factors including cash flows and continued growth in core businesses, it’s logical that MSFT stock has performed pretty well. Source: NYCStock / Shutterstock.com Still, the company recently suffered a few setbacks. The recent market correction took shares from $230 down to near $200 in
Snowflake IPO begins trading at the NYSE on Sept. 16th, 2020. Source: NYSE One of the biggest problems with the traditional IPO process (and there are several) is that it’s impossible to say whether a deal is a success or a failure. Snowflake, the cloud-based data management company that’s 2020’s biggest IPO, jumped 112 percent
Traders with masks work on the first day of in-person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. Brendan McDermid | Reuters This summer’s heavy speculation in stock options helped drive frothy prices, and
Stocks were hammered off the open and traded through a choppy Thursday following commentary from the Fed on Wednesday. With that in mind, let’s look at a few top stock trades going into Friday. Top Stock Trades for Tomorrow No. 1: Twilio (TWLO) Twilio (NYSE:TWLO) was a fan favorite after shares erupted in May and
Investors love dividend stocks for a few reasons. First and foremost, that sweet dividend income. After all, investors like when an investment returns money in the form of dividends, and has the potential to appreciate in price. That growth potential is usually the secondary consideration. Stocks that possess both characteristics are true winners. The catch-22
Writing about downside scenarios is not popular, but it is important to consider especially when stocks are near all-time highs. The idea of shorting stocks is combative by nature, and this is especially true for our stocks in this article. They are part of the beloved herd of equities that have led the market up