A recent report in the Wall Street Journal explained the opportunity in oil stocks succinctly. It begins by noting that Big Oil is generating massive cash flows on high oil prices. Those massive cash flows are leading to record revenues. That news in and of itself bodes well for oil stocks. Record revenues should push
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With the current headlines about the supply chain crisis, it may seem iffy to invest in retail stocks right now. Or is it? This latest issue, a side effect of the post-pandemic economic recovery, is affecting individual companies within the sector in different ways. Some retailers are well positioned to ride out this headwind. Others?
In this article AMZN A rendering of ABL Space’s RS1 rocket launching Project Kuiper satellites for Amazon. Amazon Amazon aims to launch its first Project Kuiper internet satellites in the fourth quarter of 2022, the company announced on Monday. The technology giant filed a request with the Federal Communications Commission to launch and operate its
Take a look at some of the biggest movers in the premarket: Pfizer (PFE) – Pfizer jumped 4% in the premarket after the drugmaker reported better-than-expected profit and revenue for the third quarter. Pfizer earned $1.34 per share, 25 cents a share above estimates. The company also issued an improved full-year forecast on strong demand
I usually don’t get a chance to see my fellow InvestorPlace contributors’ genius in action as it pertains to trading tactics. Therefore, when an opportunity comes up, I’m going to take it. Recently, I had a chance to review my colleague Nicolas Chahine’s take on Skillz (NYSE:SKLZ), an online multiplayer video game platform. Chahine couldn’t
Watch out — there’s a brand new cryptocurrency mining play on Wall Street. It’s Stronghold Digital Mining (NASDAQ:SDIG), which just recently introduced SDIG stock to the public for trading. But is this stock worth buying? Source: Shutterstock Maybe you have a cryptocurrency portfolio and want to add a miner or two to the mix. That’s
SmileDirectClub (NASDAQ:SDC) is an oral care company founded in 2014. Headquartered in Nashville, the company operates in the North America, Europe and Asia Pacific regions. Its primary offering is a clear aligner therapy treatment, but it also sells a variety of oral care products, such as whitening kits and gels, toothbrushes, toothpastes and water flossers. SDC
In this article TSLA CNBC’s Jim Cramer expressed wonderment Monday at the continued strength in Tesla‘s stock — up about 50% in the past month and roughly 200% in the past 12 months. “Tesla is actually a phenomenon we have to talk about,” Cramer said on “Squawk on the Street,” before the opening bell on
In this article CLX NXPI CAR CHGG SPG James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, April 29, 2010. John Sommers II | Bloomberg | Getty Images Check out the companies making headlines after the bell: Chegg — Shares of Chegg sunk more than
The Ark Innovation ETF (NYSEARCA:ARKK) bought 2.1 million shares of Skillz (NYSE:SKLZ) on Oct. 21., according to 24/7 Wall St., the SKLZ stock buy brings the ETF’s total holdings of the esports gaming platform company to 13.3 million shares. Source: NYCStock / Shutterstock.com Although the SKILLZ position is only good for 0.70% of the ETF’s
Investors seeking exposure to the Hong Kong stock market might consider exchange-traded funds (ETFs). Historically, Hong Kong has thrived as a global financial center and capitalist economy, and it largely has continued to do so since it became a semi-autonomous region of China in 1997. But during the past two years, Hong Kong’s democratic government
We highlight the top performing small cap ETFs of 2018 and the reasons behind their outperformance. (PXSG, FYC, SLYG). PowerShares Russell 2000 Pure Growth Portfolio: https://www.zacks.com/funds/etf/PXSG/profile?cid=CS-YOUTUBE-FT-VID First Trust Small Cap Growth AlphaDEX Fund: https://www.zacks.com/funds/etf/FYC/profile?cid=CS-YOUTUBE-FT-VID SPDR S&P 600 Small Cap Growth ETF: https://www.zacks.com/funds/etf/SLYG/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on
Former hedge fund manager Nelson Saeirs’ paintings visually represent the volatility trading algorithms he used on Wall Street. This one is titled, “The VIX over 40.” A reading in the VIX volatility index over 40 has historically preceded huge market losses Source: Nelson Saiers If there ever was a year active management should have outperformed
It’s been a weird, wild year so far for investors of Canadian cannabis company Sundial Growers (NASDAQ:SNDL). It appears that SNDL stock got the meme-stock treatment in mid-February, only to get dumped soon afterwards. Source: Postmodern Studio / Shutterstock.com As we’ll see, the $1 level will be significant for Sundial’s shareholders. Maybe Reddit users will start a short squeeze,
On Oct. 27, Ocugen (NASDAQ:OCGN) confirmed the truth of a point I’ve been making for many months: the FDA will require the company to conduct a U.S.-based trial of Covaxin before the agency will even consider approving it. Specifically, on Oct. 27, Ocugen announced that it had submitted an application to the FDA to conduct
Barry Silbert, Founder and CEO, Digital Currency Group David A. Grogan | CNBC Digital Currency Group is selling shares to SoftBank and Google’s venture capital arm in a deal that values the crypto conglomerate at more than $10 billion. The Manhattan-based, private company announced a secondary round on Monday, in which existing investors are selling
Take a look at some of the biggest movers in the premarket: Harley-Davidson (HOG) – The motorcycle maker’s shares soared 9.4% in the premarket after the U.S. and the European Union ended a dispute involving steel and aluminum tariffs. Harley could have paid European tariffs of 56% if the dispute had not been resolved. Spotify
When it comes to protecting to the downside, something not everyone considers when in the midst of a bull market, investors in dividend stocks need to be aware of the volatility of their stocks. Owning too many high-risk positions can create a scenario where your portfolio loses more than the S&P 500 index. To help
Apple (NASDAQ:AAPL) reported stellar fiscal Q4 revenue and earnings on Oct. 28 for its quarter ending Sept. 30. Revenue was up 29% and its diluted earnings-per-share (EPS) was up 70% year-over-year. But that meant nothing to the market, as it fretted about Apple’s outlook. AAPL stock subsequently fell 2% after the report. Source: ZorroGabriel /
Ahead of Intel’s (NASDAQ:INTC) recently posted third-quarter results, the stock rallied, in accordance with its tradition. INTC stock rose steadily from $52 to $56 ahead of its earnings, only to plunge and close below $50 after the results were released. Source: Kate Krav-Rude / Shutterstock.com Why did investors bet that Intel would beat analysts’ average