In this article SGEN UTZ 9618-HK The Kroger supermarket chain’s headquarters is shown in Cincinnati, Ohio. Lisa Baertlein | Reuters Check out the companies making headlines in midday trading Friday. Seagen — Shares of the biotech company surged more than 16.1% following a Wall Street Journal report that pharmaceutical company Merck is considering buying Seagen.
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These six tech stocks can be counted on to move higher over the next 12 months. This is due to the quality of their earnings, dividends, and free cash flow, pushing their target prices higher. It turns out technology companies can avoid the worst effects of a recession, especially if they are not related to
High-yield dividend stocks offer a stable passive income stream for long-term portfolios in times of rising volatility. It’s not unusual for investors to search for the best dividend stocks to buy, with the markets struggling to gain value. Dividend stocks belong to businesses with safe and reliable operations. So far this year, we have seen
Shopify (NYSE:SHOP) stock was a pandemic darling, but 2022 is neither 2021 nor 2020. SHOP stock commanded more than $1,600 at its height but now has fallen well below pre-pandemic prices. That might make them appear to be a bargain but poor performance and other factors suggest investors should steer clear. It has to be
Tesla (NASDAQ:TSLA) stock is in a bit of a tailspin recently. Since topping $1,200 per share last fall, Tesla shares have fallen to the mid-$600 range per share today. Despite that recent decline, however, the stock has still rallied tremendously over a longer term horizon. As a result, Tesla’s management announced a forthcoming three-for-one stock
Federal Reserve Chairman Jerome Powell adjusts his tie as he arrives to testify before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on Capitol Hill in Washington, July 15, 2021. Kevin Lamarque | Reuters Wall Street and the Federal Reserve appeared to enter a new
Following the June 13 stock market rout, FAANG stocks have hit new lows. Many may be cashing out of them, as uncertainty wreaks havoc on the market, but you may be looking to go against the grain. If you decide to do so, Google and YouTube parent Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) should be your first pick.
Dividend stocks are catching people’s attention because the stock market is exceptionally volatile right now. Until the Federal Reserve can get inflation under control, expect more wild swings in the weeks and months to come. With uncertainty through the roof, investors are turning to dividend stocks for protection. That’s a logical reaction. Dividends are a
Reports of electric van maker Electric Last Mile Solutions’ (Nasdaq:ELMS) bankruptcy filing on Sunday flew under the market news radar. Electric Last Mile came public via a SPAC in 2021 amid a wave of other EV startups. At the time, it was pitched to investors as one of the best pure-plays on commercial fleet electrification.
When markets staged a late-month rally in May, SoFi Technologies (NASDAQ:SOFI) joined it. SoFi stock stalled at the 50-day moving average. This is a technical resistance where selling pressure ended the attempted breakout. Apple’s (NASDAQ:AAPL) aggressive promotion of Apple Pay last week spooked SoFi investors. The technology giant already offers convenient monthly payment options. Apple
American Express and Delta have announced a new card design for Delta Reserve and Delta Reserve Business credit card holders. The promotional design is partially made with metal sourced from a retired Delta Boeing 747 aircraft. The card issuer has also announced a limited-time offer for welcome bonuses on most of its consumer and business
In this article BHC-CA CNC ROKU X 9618-HK BABA Check out the companies making headlines before the bell: Adobe (ADBE) – Adobe shares fell 3.7% in premarket trading after the software company issued weaker-than-expected financial guidance for the current quarter and the full year. Adobe is facing headwinds from the war in Ukraine and unfavorable
AMC Entertainment Holdings (NYSE:AMC) is on its knees again. AMC stock is down over 56.6% YTD and off over 80.6% from a year ago when it peaked at $60.73. The country’s largest movie chain has to hope that the new summer viewing season will be a huge blockbuster box office season. Certainly the Top Gun:
These six high-tech stocks are too cheap to ignore. The growth rates, low price-earnings multiples and high yields make them attractive value and growth stocks at the same time. Moreover, each of these tech stocks pays a solid dividend, has positive excess free cash flow (FCF), and most of them have share buyback programs. The
Top investment bank Goldman Sachs believes that the bull market for lithium is over. The bank sees prices on a downward trajectory for the next couple of years, with a substantial correction from today’s levels. Moreover, it is of the view that today’s lithium prices are a “fundamental mispricing [that] has, in turn, generated an
FuelCell Energy (NASDAQ:FCEL) stock, “a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell technology to enable a world empowered by clean energy” announced second-quarter 2022 financial results on June 9, a material event that should have move FCEL stock. Does these earnings
We believe the best way to accrue wealth over the long-term is to find high-quality dividend stocks, hold for long periods, and reinvest dividends in additional shares over time. This strategy is simple, but very effective when it comes to investors gradually building wealth over their lifetime. However, if the investor selects poor stocks, the
In this article REV ASTR COIN Amazon is “definitely a stock to own,” according to Sid Choraria, a senior portfolio manager who previously attracted the attention of Warren Buffett. Klaus-Dietmar Gabbert | Picture Alliance | Getty Images Check out the companies making headlines in midday trading Monday. Coinbase, Microstrategy — Shares of cryptocurrency-related companies sold off
As a stock, Lucid Group (NASDAQ:LCID) may be running on low battery. Market volatility has hammered LCID stock. It’s back down to the mid-teens per share. But as a company, it’s continuing to drive ahead, making progress with partnerships and vehicle order deals. More recently, the early-stage electric vehicle (EV) maker has made another bit
FuelCell Energy (NASDAQ:FCEL) is an ambitious provider of environmentally friendly fuel-cell systems. It’s encouraging to see FuelCell Energy partnering with premier businesses to accelerate clean-energy initiatives. At the same time, cautious investors should stay away from FCEL stock until the company improves its financials. Russia’s invasion of Ukraine has compelled some nations and businesses to consider