Over the past eighteen months, integrated oil giant ExxonMobil (NYSE:XOM) has made a stunning recovery. During this timeframe, XOM stock has nearly tripled in price. Largely, of course, due to oil’s strong performance. As you know full well, the pandemic recovery, plus the geopolitical chaos in Eastern Europe, has sent oil back to late 2000s
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In May, PayPal (NASDAQ:PYPL) stock, with its pandemic tailwinds in the rearview mirror, fell to price levels not seen since 2018. But since then, over the past few weeks, it’s been trending higher, climbing back to the high-$80s per share. With this, you may think it “bottomed out” at its multi-year low of $71.84 per
Meta Platforms (NASDAQ:FB) has been obliterated, as have several other FAANG stocks. The 56% peak-to-trough decline for FB stock is surprisingly not the worst of the group, though. It’s slightly worse than Amazon (NASDAQ:AMZN), which has fallen 46%, but is ahead of Netflix (NASDAQ:NFLX) and its 77% beating. The point is pretty simple: FAANG names
When Wall Street is as wild as it is right now, investors may look to find portfolio safety among dividend stocks. And, these quality dividend stocks should catch their eye, as they all have low payout ratios. That means that dividends, as a portion of earnings, are a low percentage. In turn, this ensures that
In this article RUN DIDI TWTR Tim McKibben, left, a senior installer for the solar company, Sunrun, and installer Aaron Newsom install solar panels on the roof of a home in Granada Hills. Mel Melcon | Los Angeles Times | Getty Images Check out the companies making headlines in midday trading Monday. Solar companies —
The current short-term recovery has put the stock market at a crucial point. Many stocks have been devastated by recent selloffs and investors are still split on whether or not the market is in oversold territory yet. While some point to the Federal Reserve’s (Fed) planned interest rate hikes and call for a recession, others
PayPal (NASDAQ:PYPL), a leading digital payments processor, has been making its shareholders unhappy in 2022 as PYPL stock has declined year-to-date by 54%. If you’re a contrarian investor, you might now be thinking that PYPL stock could be a buy now. Here are three reasons why that’s not a good idea. PYPL Stock and the
These six consumer brand companies make the best buy and hold stocks to hold during an upcoming recession. This is due to their long-term value and quality earnings. As a result, investors in these stocks have a good chance of limiting the damage to their portfolios due to a recession. Moreover, once the market turns
Accounting vs. Actuary: An Overview People with a talent for mathematical and statistical problem-solving are always in demand. Individuals with that talent might consider careers as accountants or actuaries. The skills and training needed are similar, but the focus of the work and the industries they serve are very different: Accountants create and maintain the
Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit jumped 6.1% in the premarket after JetBlue (JBLU) sweetened its bid for Spirit. JetBlue will increase its breakup fee for the deal to $350 million and pay part of that as a dividend if the deal is consummated,
Over many years of investing in and writing about stocks, I’ve developed a method that, I believe, can enable many long-term retail investors to beat the market over the long term. Specifically, identifying names that are drastically undervalued because the market is focusing on negative, relatively unimportant data points is a good way to invest
With the speculative mania of 2020 and 2021 now a distant memory, many penny stocks that surged have all but given back their gains. Along with this, many former high-fliers have joined them, as members of the penny stock club. Once trading at lofty levels, these names now command more modest prices. In some situations,
Tesla (NASDAQ:TSLA) has been on a roll over the past week, with TSLA stock gaining 16% through May 31. The electric vehicle (EV) maker’s fanatical retail investors are a big reason for the gains. According to Bloomberg, retail investors bought more Tesla stock in May than in any month since August 2020. As of May
In this article WDAY DHR COP NVDA MRVL Workday co-founders and co-CEOs Aneel Bhusri (left) and Dave Duffield (center) applaud their company’s first trade after their IPO at the New York Stock Exchange on Oct. 12, 2012. Brendan McDermid | Reuters The last week of May put our minds slightly at ease with a relief
In this article HPE GME CIEN LE DBI HRL Check out the companies making headlines before the bell: Hormel (HRL) – Hormel added 1.7% in premarket trading after beating top and bottom-line estimates for its latest quarter. The company behind the Spam, Dinty Moore and Jennie-O food brands backed its earlier full-year sales guidance and
With the market at sixes and sevens, it probably won’t hurt looking at what stocks the rich are buying and adding to their portfolios. The issue is that information on popular big-time investor stocks is often very conflicting and polarized. Thus, I picked four stocks that are currently popular among the whales of Wall Street.
AMC Entertainment (NYSE:AMC) stock had quite the Memorial Day weekend at the box office thanks to Tom Cruise’s revival of the Top Gun franchise 36 years after the original first appeared in theaters. According to the company, out of nearly 4 million tickets sold over the holiday weekend at its theaters, 3.3 million were for
GameStop (NYSE:GME) stock is once again proving its detractors wrong. I’ve certainly been among those detractors. And I’ve been proven inaccurate in judging GameStop’s trajectory. Once its run seems to have reached an end, it surges back to life. Its volatility is unpredictable. That’s positive news for retail investors as the company once again springs
Yes, you can invest in a master limited partnership (MLP) for your Roth individual retirement account (IRA), but you’ll need to be aware of the special tax rules on these investments. The rules become especially tricky when your MLP investment within an IRA earns more than a certain amount. Key Takeaways You can hold master
In this article GME HPE MDB MSFT Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. Charles Platiau | Reuters Check out the companies making headlines in midday trading Thursday. Microsoft — Shares of the technology giant slipped 0.6% after Microsoft cut its earnings and revenue guidance for the fiscal fourth quarter. Microsoft