It was a quiet Monday as the dog days of August wear on. We’ll get a number of retail earnings this week, which should command some of investors’ attention. With that in mind, let’s look at a few top stock trades in the meantime. Top Stock Trades for Tomorrow No. 1: Barrick Gold (GOLD) Barrick
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Barrick Gold mining ullstein bild | Getty Images Barrick Gold‘s stock is popping more than 7% in premarket trading Monday after legendary investor Warren Buffett’s Berkshire Hathaway revealed a stake in the gold miner’s stock. Buffett’s Berkshire Hathaway added a $562 million position in Barrick Gold in the second quarter, SEC filings showed on Friday.
Mark Bristow, chief executive officer Barrick Gold. Getty Images Check out the companies making headlines midday Monday: Barrick Gold — Shares of the gold mining company surged more than 10% on Monday after Warren Buffett’s Berkshire Hathaway revealed a $562 million stake in the company. While the position is small for Berkshire, the conglomerate is
With interest rates near zero, many investors are turning to dividend stocks for income. And for some investors, the higher the yield, the better. But it’s important to remember that in the equity market, just as in the bond market, higher yield usually means higher risk. The biggest risk is a dividend cut, which usually
Shares of Ocugen (NASDAQ:OCGN) have climbed nearly 180% in the last month. However, OCGN stock is still trading at just 57 cents a share. That’s the life of a penny stock. And that’s the only story you need to know about Ocugen. Source: Shutterstock The reason the stock is rising is genuinely good news. The
Facebook (NASDAQ:FB) stock proved its dominance in the last few months when it emerged as the hero of the pandemic saga. While economic disruption was rife, the social media platform showed resilience in the face of volatility with an increase in sales and engagement. Source: TY Lim / Shutterstock.com Despite growing concerns over the impact
Marathon Patent Group (NASDAQ:MARA) hit a 52-week high of $5.25 on Aug. 6. The bitcoin miner filed a shelf registration to sell up to $100 million of MARA stock in the future. Source: Shutterstock While it’s fallen back some since the announcement, it’s still much higher than it was in late July when it sold $6.9
As the EV sector remains hot, should you buy Workhorse Group (NASDAQ:WKHS) stock? Rallying more than 400% so far this year, investors have started to hit the brakes. Reaching prices as high as $22.90 per share in early July, the electric-powered delivery truck maker’s shares have slipped down to around $16 per share. Source: rblfmr
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Drew Houston, Dropbox Co-Founder and CEO, speaking at CNBC’s @Work conference in San Francisco on November 4, 2019. Arun Nevader | CNBC With the S&P 500 back up near record highs, it can be a challenge to find stocks that still have further room to rally. The danger is that valuations can become inflated, leading
Check out the companies making headlines before the bell: Brinker International (EAT) – The parent of the Chili’s and Maggiano’s Little Italy restaurant chain reported an adjusted quarterly loss of 88 cents per share, smaller than the loss of $1.37 that Wall Street analysts had predicted. Revenue did come in below forecasts, but Brinker is
Is there any bank stock as unappealing as Wells Fargo (NYSE:WFC)? For my money, Wells Fargo stock is the worst of a weak bunch. Source: Martina Badini / Shutterstock.com Wells Fargo has been the black sheep of bank stocks for a few years now, and nothing that it’s accomplished lately is making people forget that.
Airline stocks are flirting with a possible rotation higher and that’s got investors taking a closer look at this group. Delta Air Lines (NYSE:DAL) is one of the better-run names in the industry, so we want a piece of DAL stock if there’s going to be a big run. Source: NextNewMedia / Shutterstock.com The question
Spacex founder Elon Musk celebrates after the successful launch of the SpaceX Falcon 9 rocket with the Crew Dragon spacecraft at the Kennedy Space Center on May 30, 2020 in Cape Canaveral, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Tesla — Shares of the electric carmaker jumped more
Simply put, I’m not sold on Beyond Meat (NASDAQ:BYND). But my skepticism toward Beyond Meat stock doesn’t derive (purely) from the stock’s hefty valuation. Source: Sundry Photography / Shutterstock.com To be sure, Beyond Meat stock looks expensive. It trades at almost 20x trailing twelve-month revenue — and this is a food manufacturer, not a software
Record-breaking volatility in broader markets has created a wide range of winners and losers. Another phenomenon that regularly hits the headlines is the number of retail market participants trading on the online investing platform Robinhood. You can even think of the most popular shares on the site as top Robinhood stocks. Upon close inspection, you
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Keith Cunningham from South Carolina shops for Walt Disney apparel at the Bargain World gift shop located near Walt Disney World where its conducting a phased reopening from coronavirus disease (COVID-19) restrictions in Lake Buena Vista, Florida, July 11, 2020. Octavio Jones | Reuters Retail sales rose to a record level in July, recovering what
American Airlines (NASDAQ:AAL) stock enjoyed a modest recovery. Shares spiked up to $20 in June as hopes of a V-shaped recovery emerged. Since then, however, the novel coronavirus formed a second wave. U.S. passenger traffic stalled, and with it, so did the airline stocks. AAL stock fell back to just $11 a share. Source: GagliardiPhotography