The New York Stock Exchange (NYSE) stands in lower Manhattan on May 18, 2020 in New York City. Markets surged today as promising details of a potential COVID-19 vaccine were released and more European countries gradually re-opened after months of lockdown. Spencer Platt | Getty Images The stock market, so eager to put the entire
[Editor’s Note: “9 Stocks to Buy as People Are Still Stuck at Home” was originally published in March 2020. It is regularly updated to include the most relevant information.] Thanks to indications that the economy is rebounding from the depths of the novel coronavirus pandemic, investors have generally shifted toward a more risk-on profile. In
For department store giants like Macy’s (NYSE:M), the novel coronavirus pandemic was precisely the opposite of what they needed. Even in the best of times leading up to the crisis, brick-and-mortar stores dependent on the slowly dying shopping mall business model were struggling. But the coronavirus was particularly cruel to Macy’s stock, which saw its
Quad witching day, one of four each year, pulled the rug out from under a lot of traders on Friday. On Thursday we warned about the potential headaches it would cause and we’re seeing it play out today. Let’s look at a few top stock trades for next week. Top Stock Trades for Tomorrow No.
The former top securities regulator for the United States said Tuesday that policymakers never considered there would be a market for bankrupt companies like Hertz to issue new stock and that, if things went poorly, investment banks could be on the hook. Harvey Pitt, who served as chairman of the Securities and Exchange Commission under
Attendees pass by an Alibaba.com display at CES 2019 in Las Vegas. David Becker | Getty Images Check out the companies making headlines before the bell Friday: Alibaba, JD.com — Alibaba and JD.com handled a record $136.51 billion in sales during 618, one of the biggest shopping events in China. Alibaba reported a gross merchandise
There’s no doubt the economy isn’t going gangbusters here. But there are plenty of people — and companies — that have been patient and kept their money safe in the hopes of moving into the real estate market when rates and prices were very attractive. That has put housing stocks in the spotlight more recently.
After an awful start to 2020, oil is finally showing some spark, which is just what they need over at ExxonMobil (NYSE:XOM). Now sure, Exxon Mobil stock is till down 32% year-to-date, but crude oil prices have recovered from their bizarre run below $0, and hit $40 per barrel recently. Source: Jonathan Weiss / Shutterstock.com
In May, J.C. Penney filed for bankruptcy. And yet, since May 20, JCP stock — which now trades under the ticker, JCPNQ, to symbolize J.C. Penney’s bankrupt nature — has essentially doubled. Source: Supannee_Hickman / Shutterstock.com Why? Unchecked, and largely unwarranted, speculation. In essence, traders appear to be doing one of two things. They are
If you have never bought a condominium, you may be surprised at all of the different issues to consider. Buying a condo is not the same as buying a house. You’ll likely have adjoining walls with your neighbors, as well as other physical elements that are different from a freestanding home. Additionally, the entire process
In this video, a person learns what the Debt to Equity ratio means.
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Can you learn enough about the science and the companies to invest with confidence? CRISPR Therapeutics: https://www.zacks.com/stock/quote/CRSP?cid=CS-YOUTUBE-FT-VID Editas Medicine: https://www.zacks.com/stock/quote/EDIT?cid=CS-YOUTUBE-FT-VID Intellia Therapeutics: https://www.zacks.com/stock/quote/NTLA?cid=CS-YOUTUBE-FT-VID Sangamo Therapeutics: https://www.zacks.com/stock/quote/SGMO?cid=CS-YOUTUBE-FT-VID Gilead Sciences: https://www.zacks.com/stock/quote/GILD?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Source: Robinhood On the small yellow sticky note that 20-year-old Alex Kearns left on his bedroom door was an ominous message saying to turn on the computer. Daniel Kearns powered up his son’s laptop in their home in Naperville, Ilinois. Within seconds, a four-paragraph letter flashed on the screen. “If you’re reading this, then I
Guests look over pistols in the Smith & Wesson booth at the 148th NRA Annual Meetings & Exhibits on April 27, 2019 in Indianapolis, Indiana. Scott Olson | Getty Images Check out the companies making headlines after the bell. Hertz — The car rental company’s stock fell about 2% in extended trading after the bankrupt
[Editor’s Note: “5 Bank Stocks to Buy Now Because This Isn’t 2008 Again” was originally published in March 2020. It has since been updated to include the most relevant information.] When the economy slips into a recession and the stock market tanks, investors are naturally inclined to sell bank stocks. After all, during the last
[Editor’s note: “3 of the Best Dividend Stocks to Buy Now” was previously published in March 2020. It has since been updated to include the most relevant information available.] As growth investors look for a good place to put their money, dividend stocks are beginning to look better and better. With the COVID-19 crisis sending
[Editor’s Note: “Sell Moderna (MRNA) Stock as Covid-19 Catalyst Inflates Valuation” was originally published April 2, 2020. It is regularly updated to include the most relevant information.] Source: Shutterstock Is the party over for Moderna (NASDAQ:MRNA)? MRNA stock soared in May as the company’s novel coronavirus prospects looked bright. But now, as company insiders continue
It was a sluggish day in the markets, as investors turn their attention to Friday — which is a quad-witching day. It’s one of four events this year, as we get a shuffling of various index, options and futures contract rolls. And despite what could be a bumpy Friday morning, let’s look at a few
Klaus Vedfelt Digital banks like Chime and Square’s Cash App have added millions of users by offering streamlined, mobile-first accounts without the pesky fees associated with brick-and-mortar banks. To that list of disruptors, add the New York-based start-up Current. Current, founded in 2015 by former Wall Street trader Stuart Sopp, has offered fee-free mobile checking