Ahead of Exxon Mobil’s (NYSE:XOM) quarterly earnings release on Oct. 28, XOM stock is on the rise. Shares have hit new all-time highs, as investors expect another earnings beat for the integrated oil and company. But while XOM has continued to move higher, producing further profits for existing shareholders, if you have yet to add
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As anyone who reads my columns regularly knows, I’m generally upbeat on stocks. That’s because I believe that inflation has peaked, the Federal Reserve is poised to become much more dovish. In addition, the Street has, for some time, underestimated the importance of the exceptionally strong employment market. However, I believe that there are some
The logo of Alphabet Inc’s Google outside the company’s office in Beijing, China, August 8, 2018. Thomas Peter | Reuters Check out the companies making headlines after hours. Alphabet — The search engine parent dropped 5.8% after Alphabet missed third-quarter earnings expectations, and reported a decline in YouTube ad revenue. Alphabet earned $1.06 per share
Chinese electric vehicle makers have had an incredibly torrid time this year amid supply-chain troubles and the weakening macroeconomic environment. However, recent results from top Chinese EV players have been impressive, and show that headwinds are easing. The stock market is taking none of that into consideration, with top-tier Chinese stocks to buy continuing to
With a good deal of problems facing the domestic and global economies, it’s time to consider these top retail stocks to sell. Fundamentally, one of the biggest drivers of this cautionary take centers on the Federal Reserve. When the coronavirus pandemic struck, the Fed expanded the size of its balance sheet through bond buybacks. Logically,
In order to succeed in the long run, California-headquartered electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN) must find ways to stand out from the competition. It appears that Mullen might achieve this through a strategy of acquisitions. This year, Mullen Automotive’s acquisition targets include Bollinger Motors and Electric Last Mile Solutions (ELMS). Given the company’s
In this article TSLA BABA LVS WYNN SBUX CAR MYOV T Follow your favorite stocksCREATE FREE ACCOUNT People wait in line at Avis rental agency in the Miami International Airport Car Rental Center. Joe Raedle | Getty Images Check out the companies making the biggest moves midday: Tesla — Shares of the electric vehicle company
Along with most of the market, these top mortgage REITs to buy have been trounced. Most of this can be traced back to rising interest rates. After all, higher rates typically reduce net interest margins, reduce the value of mortgage-backed securities, and increase concerns that those with variable-rate mortgages won’t be able to make payments. However,
One of the key indicators investors are looking at these days when deciding where to invest their money is layoffs. The strategy, referred to as a layoff watch, is quietly gaining a niche-following in investing circles. With this strategy, analyze companies that have announced layoffs to understand if it is better to enter or exit
Sopa Images | Lightrocket | Getty Images Check out the companies making headlines after the bell: Discover Financial — Shares fell about 1.8% after Discover Financial posted weaker-than-expected earnings for the recent quarter and noted that it expects operating expenses to rise more than previously anticipated for the full year. Cadence Design Systems – Shares
Amidst multiple economic challenges, the upcoming midterm elections will provide a referendum on Joe Biden. However, these midterms are important for several other reasons. Governors are up for election in 36 states, with hot topics like state-level marijuana legalization likely to remain. With this upcoming event, it’s a good time to consider some marijuana stocks
Now is the time to consider dividend stocks to sell. Income investors who counted on yield alone thrived up until earlier this year. Since then, the Federal Reserve has realized it was behind the curve. Inflation, as measured by the consumer price index, rose uncontrollably. Thus, the central bank appears intent on increasing interest rates
Some folks choose to invest in video-game retailer GameStop (NYSE:GME) for the short-squeeze potential. Others might take a position because they’re anticipating strong financial growth from GameStop. However, the best reason to hold GME stock for five years is that the company is going all-in on non-fungible tokens (NFTs) and the cryptocurrency market. It’s mind-blowing to
Large-cap stocks are always great to have in a portfolio. These companies are some of the biggest and best-known stocks in the market. That makes finding the best large-cap stocks a worthy exercise. Of course, in this market, it can be a challenge to identify the best large-cap stocks. With the Dow Jones Industrial Average
I’m generally the positive type. Still, as I look at the market, the math isn’t on my side. Inflation remains near 40-year highs and yet employment also remains at historically high levels. As a result, the Fed will keep raising interest rates. So it’s time to think about finding stocks to sell for profits. Here’s
Singapore’s low taxes and other incentives for foreign investors qualify it as a tax haven. Resident taxpayers pay a progressive tax on personal income, with a top marginal rate of 22%. As of the 2019 tax year, the highest tax bracket is defined as incomes above S$320,000 (Singapore dollars or SGD). Generally, it does not
The fintech sector has gotten a bad reputation, largely because of some companies’ reckless decision to dive headlong into the cryptocurrency bubble. The Street’s general dislike of anything having to do with technology during the recent downtrend isn’t helping matters. Still, for long-term investors, there are excellent cheap fintech stocks that have not gotten overly
As we start to think about wrapping up 2022, looking to next year and thinking about what the market will provide is exciting. Indeed, this year has been one in which simplifying and de-risking portfolios has been a profitable task. Accordingly, the search for stocks to sell is about as important as the search for
In this article ADBE NFLX NDAQ GNRC TRV PG Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Procter & Gamble (PG) – The consumer products giant’s quarterly earnings of $1.57 per share beat estimates by 3 cents with revenue also topping Wall Street forecasts. Results were helped by
Although larger companies provide greater stability for investors due to their established businesses, cheap small-cap stocks to buy offer tremendous upside potential. To be fair, this potential comes at a cost in terms of higher risk. However, many investors set aside a small portion of their portfolio for speculation. These discounted market ideas may provide