It’s been an insane month for airlines stocks. Legacy carrier United Airlines (NASDAQ:UAL) has been no exception. UAL stock traded for $90 as recently as January. Last week, it sold for a low of just $18, amounting to an 80% loss of value in scarcely two months. Source: NextNewMedia / Shutterstock.com However, United’s fortunes are
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In the wake of the onset of the coronavirus from China, some unexpected opportunities have arisen in the markets. Work-at-home stocks have gained traction lately, including those in the e-signature niche. Therefore, an intriguing asset for investors in these troublesome times is DocuSign (NASDAQ:DOCU) stock. Source: Sundry Photography / Shutterstock.com You might not have considered
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TJX (NYSE:TJX), the discount retail store chain, took decisive action on March 19 to save its liquidity. As a result, the company will survive and TJX stock will rebound significantly as the coronavirus from China wanes. Source: Joe Hendrickson / Shutterstock.com TJX has 4,529 stores throughout the world as of Feb. 1, 2020. They operate
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The coronavirus from China is currently keeping people worldwide from working. Seasonally adjusted U.S. jobless claims soared to 3.28 million last week amid the massive economic disturbance caused by the pandemic, the Labor Department reported Thursday. Source: Shutterstock This figure smashes the previous record of 695,000 in October 1982, and surpasses the Great Recession’s top
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General Electric (NYSE:GE) suffered one of the worst performances last week. GE stock enjoyed an uninterrupted uptrend that began in August 2019 and rallied through February 2020. But that ended when a sharp market selloff began. Source: Jonathan Weiss / Shutterstock.com Worsening market conditions, primarily in the aerospace industry, suggest that General Electric will underperform
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Rick Rieder, BlackRock’s Chief Investment Officer of Global Fixed Income, speaks during a Reuters investment summit in New York, November 7, 2019. Lucas Jackson | Reuters BlackRock’s Rick Rieder says bond market volatility appears to have peaked and stocks may have hit bottom thanks to a heavy blast of stimulus from the Federal Reserve and
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Stocks’ swift and steep sell-off is providing the type of buying opportunity that doesn’t come around all that often, and investors should take advantage of the downturn, according to Ariel Investments’ chairman John Rogers. “I think this is a maybe once in a lifetime opportunity to buy stocks at bargain prices,” he said Wednesday night
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As a long-term speculative play, Chinese electric vehicle maker Nio (NYSE:NIO) appears like a solid pick. Prior to the market madness with the coronavirus from China, Nio stock was gaining impressive momentum. With trade talks between the U.S. and China culminating in a phase one deal, consumer sentiment in the world’s second-largest economy roared back.
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