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In this article WDC A Western Digital office building is shown in Irvine, California, U.S., January 24, 2017. Mike Blake | Reuters Company: Western Digital (WDC) Business: Western Digital is a leading developer, manufacturer, and provider of data storage devices and solutions and operates in two market-leading franchises: hard disk drives (“HDD”) and NAND flash
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The article covers three dividend-paying large-cap stocks to buy this month Pfizer (NYSE:PFE): Massive growth runway for its coronavirus vaccine and pill after two blockbuster years Vornado Realty Trust (NYSE:VNO): Office occupancy rates are rising, leading to robust profits International Business Machines (NYSE:IBM): Hybrid cloud offers incredible upside potential Simon Property Group (NYSE:SPG): Cash flow
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EV upstart Lucid Motors (NASDAQ:LCID) delivered a strong earnings beat with its first-quarter results. Investors were lackadaisical, though, as LCID stock shed close to 12% of its value on its post-earnings sell-off. Analysts were expecting the EV firm to lose 31 cents per share on sales of $55.6 million. However, actual results came in significantly
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Adding defensive healthcare stocks can be a great way to ride out continued volatility in the market. AbbVie (ABBV): Investors are overreacting to this venerable big pharma company’s recent earnings report. Amgen (AMGN): An established biotech company with a high forward dividend yield (3.33%). Baxter International (BAX): A reasonably-priced medical products provider on track to
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Financial advisors who are also brokers are reimbursed by mutual fund companies when one of their clients invests in a fund the company sponsors. In such cases, the financial advisor receives a trailer fee, which is a fixed percentage of the client’s investment in a mutual fund, as long as the client’s money remains invested
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Upstart (NASDAQ:UPST) is one of the most interesting financial technology (fintech) plays on the market right now. And even though some analysts are waving warning flags, I like the prospects of UPST stock in a rising interest rate environment. The company does lending differently than traditional banks. Instead of relying on credit scores, Upstart uses
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Business development companies (or BDCs) offer generous yields to income investors. Great Elm Capital (GECC) is a BDC that makes loans and middle market investments. Newtek Business Service (NEWT) provides financial and business services to small and medium-sized businesses in the U.S. Capital Southwest (CSWC) offers credit and private equity investments in middle market companies,
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ChargePoint (NYSE:CHPT) is a California-based company that provides electric vehicle (EV) charging networks and charging solutions. The company went public via a special-purpose acquisition company (SPAC) and was initially highly popular with traders. CHPT stock shot up as high as $45 in late 2020 following the launch of its SPAC deal. Since then, however, ChargePoint has
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