A family wearing masks passes the New York Stock Exchange, Tuesday, May 26, 2020. Mark Lennihan | AP The big rotation into unloved stocks, like banks, small caps and airlines, took a break Friday, but it could be a theme that dominates trading again in the week ahead. Investors will be assessing the progress of
Royal Caribbean (NYSE:RCL) just got its head back above water. In fact, since May 11, RCL stock has exploded from $37.78 to about $52. Even now, it’s still a very solid opportunity. And if it can stay afloat, as the economy recovers, I strongly believe it can refill its gap around $108. Source: Laszlo Halasi
Exxon Mobil (NYSE:XOM), the world’s largest energy producer, hasn’t had a great year. Exxon Mobil stock has shed 36.1% of its value since December, and it certainly isn’t alone. Source: Shutterstock The novel coronavirus pandemic has wreaked havoc across all markets, but perhaps the most severely affected sector is the oil industry. Plummeting oil prices
With reopening America on the minds of investors and consumers alike, many beaten down stocks are on the mend. One of the biggest names in that regard has been Carnival Cruise (NYSE:CCL). CCL stock has given investors hope, more than doubling from its March low. Source: Ruth Peterkin / Shutterstock.com But is there a false
After a bumpy couple of days, the S&P 500 traded somewhat quietly on Friday, after bouncing off the 3,000 area and 200-day moving average. With that in mind, let’s look at a few top stock trades for next week. Top Stock Trades for Monday No. 1: Zscaler (ZS) Zscaler (NASDAQ:ZS) shares are ripping higher after
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: This video is a practical exercise that shows students of the BuffettsBooks.com website how to find the terms they’ve been learning
Support and Resistance are the building blocks needed in order to read chart patterns properly and to trade effectively. Support: -A psychological level where people believe the demand is strong enough to hold the stock price up -This is similar to a price floor, but it isn’t government-controlled -A healthy support line hits multiple points
Understanding VIX contango and ETF leverage can save you a small fortune.
How many times lately have you seen a news story about the incredible disconnect between the stock market, now up 37% from the March bottom, and the dire reality of unemployment heading to 25%, municipal fiscal woes, and widespread concerns about the next surge of Covid-19? The negative tone of the news is reinforced by
Bloomberg | Bloomberg | Getty Images Check out the companies making headlines after the bell. Salesforce.com — The enterprise software provider’s stock dropped 3% in extended trading after the company provided its first-quarter financial results. Salesforce.com said it had earnings of 70 cents per share excluding some items on revenue of $4.87 billion, while analysts
[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
Energy Transfer (NYSE:ET) stock has all the makings of a classic battleground name. The hotly-debated pipeline operator has seen its stock plummet in recent years. However, it has managed to retain its high dividend. As a result, its shares are popular with income investors who are drawn to its mouth-watering current dividend yield of nearly
I don’t think there’s any company that has suffered worse from the novel coronavirus than Boeing (NYSE:BA). Sure, several companies have gone bankrupt, such as J.C. Penney (OTCMKTS:JCPNQ) and more recently Hertz Global (NYSE:HTZ). But these were already deeply troubled organizations. Regarding the airplane manufacturer, despite its own problems, it still represented American economic and
Stocks climbed again on Thursday, with the S&P 500 up about 85 basis points as of this writing. However, poor breadth has traders wondering if the rally is getting a bit tired. With that in mind, let’s look at a few top stock trades as we head into Friday. Top Stock Trades for Tomorrow No.
For years, Apple (AAPL) has held onto its rank as the most valuable publicly traded company in the world. As of May 27, 2020, its market capitalization is $1.4 trillion. That’s above the likes of other major technology companies, such as Amazon.com (AMZN) and Google (GOOG). Apple shares are trading at $318 a share. The rise of Apple
Closed signs hang on a fast food restaurant amid the coronavirus pandemic on April 24, 2020 in New York City, United States. COVID-19 has spread to most countries around the world, claiming over 196,000 lives with over 2.8 million cases. (Photo by Alexi Rosenfeld/Getty Images) Alexi Rosenfeld A type of loan for small businesses impacted
People wait on a long line to receive a food bank donation at the Barclays Center on May 15, 2020 in the Brooklyn borough in New York City. The event was organized by Food Bank for New York City and included dairy and meat items. Stephanie Keith | Getty Images Nearly 4 million people came
Although Microsoft (NASDAQ:MSFT) has rallied nearly 50% over the last couple of months, Microsoft stock is likely to climb further in both the short term and long term. Source: NYCStock / Shutterstock.com In the short term, the company’s more heralded catalysts – the growth of its overall cloud business, video games, Teams and the work-from-home
3M Company (NYSE:MMM) is growing its FCF very well, and as a result, MMM stock is likely to move up at least 44% over the next or so. Source: josefkubes / Shutterstock.com Right now 3M pays a dividend of $5.88 per share, which is well covered by its free cash flow, as I mentioned in
Retailers have been particularly hard-hit by the novel coronavirus pandemic. Lockdowns forced store closures, crippling sales. Meanwhile, operating expenses like costly leases continued. Macy’s (NYSE:M) was no exception to the bloodbath. Nothing in the department store’s long history prepared it for the situation it has faced. On Wednesday, Macy’s stock closed at $7.38, after posting a