Rocket Companies (NYSE:RKT) reported great earnings for first-quarter 2021 on May 5, but the market doesn’t care about historical numbers. It looks to the future. And rates are rising, Rocket mortgage margins are compressing. As a result, its earnings outlook is cloudier. RKT stock is going to rise in this kind of environment. Source: Lori
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If you’ve ever filled out an application for any sort of insurance, you’ve faced questions that the insurance company uses to determine the level of risk you pose, your premiums and the extent of coverage for which you are eligible. The person who reviews and evaluates your responses is an insurance underwriter. This job requires
Throughout the last year after its initial public offering, Rocket Companies (NYSE:RKT) stock trended in the $20 – $21.50 range. RKT stock peaking on March 2 is an exception. Shares reached $41.10, albeit for less than a day, after the company issued a special dividend. Source: Lori Butcher / Shutterstock.com The announcement squeezed short sellers,
Kevin Matras shows how to nearly mimic the underlying stock with half the amount invested.
Crypto bull Meltem Demirors said Wednesday she believes the recent turbulence in bitcoin and ether are positive long-term developments, contending the optimistic story around the digital assets remains intact. “It’s been really frothy. There was a lot of leverage in the markets. Some of that got taken out in April,” the chief strategy officer at CoinShares
The logo of Cisco Systems is seen at their headquarters in Issy-les-Moulineaux, near Paris, France. Philippe Wojazer | Reuters Check out the companies making headlines after the bell on Wednesday: Cisco — Shares of the data center networking hardware maker dropped more than 6% in extended trading after the company issued weaker-than-expected guidance for the next
The continuing sell-off of high-growth speculative stocks has been rough for investors. However, a subsector that seems to be holding on to its gains quite well is the crypto-currency industry and its associated miners. Marathon (NASDAQ: MARA) is one such company. MARA stock has been one of the best-performing stocks of 2021. Source: Shutterstock The
One of my main concerns about Palantir (NYSE: PLTR) stock has been somewhat addressed, at least for the time being. My other major concern about the company is still very much in play. Source: Ascannio / Shutterstock.com I’m no longer extremely worried about the company’s growth in the wake of Palantir’s first-quarter results, but I’m
When it comes to business, history shows that great talent alone is not enough to guarantee success. That’s one of the reasons why I remain cautious on Churchill Capital Corp IV (NYSE:CCIV) stock. Source: gg_photography / Shutterstock.com Churchill Capital is poised to merge with Lucid Motors, whose CEO, Peter Rawlinson, is the “former VP of
In this episode of the podcast, investors learn how to get a company’s profits, or earnings, into their pocket. Stig and Preston continue to explore the basic of stock market investing, the Warren Buffett Way. In the second segment, the Investors discuss an important character that Benjamin Graham taught his students at Columbia Business School
http://www.Zacks.com – Kevin Matras explains how to implement a Covered Call option strategy. Stocks highlighted include APEI, GHL, PLCE, MYGN and WAB.
A delivery person for Doordash rides his bike in the rain during the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., November 13, 2020. Carlo Allegri | Reuters The U.S. economy is in the process of reopening, but going forward, the long-term picture is anything but clear. Investors
In this article KSS SPCE HRL BJ Virgin Galactic Check out the companies making headlines in midday trading. Kohl’s — Kohl’s stock fell more than 10% on Thursday after it said supply chain issues may drag on its profit margins. Like others, Kohl’s experienced supply chain hurdles starting in 2020 when factories in Asia shut
Just name an investment theme backed by a big idea. Chances are, numerous stocks associated with that theme have managed to soar to the stars, only to fall back to Earth in spectacular fashion. This is the nature of the beast with many investments, especially those tied to hot market trends and sexy growth narratives.
As someone who’s been very bearish on fuboTV (NYSE:FUBO) stock, I admit that Fubo’s first-quarter results came in way above my expectations. Source: monticello / Shutterstock.com Still, I remain doubtful about whether Fubo’s service will ever be appealing to the vast majority of consumers. And I think that the company’s extraordinarily high marketing and content
Advocates of tax cuts argue that reducing taxes improves the economy by boosting spending. Those who oppose them say that tax cuts only help the rich because it can lead to a reduction in government services upon which lower-earning individuals rely. In other words, there are two distinct sides to this economic balancing scale. The
This is the first time I’m writing about Clover Health Investments (NASDAQ:CLOV). And one of the first things that came up in my research was a Hindenburg Research report that explains some, but not all, of the decline in CLOV stock. Source: Shutterstock However, since this is the first time I’m looking at the company, I’m going to put that
In this article FIGS^11-BR The Robinhood application on a smartphone. Bloomberg | Bloomberg | Getty Images Robinhood is giving amateur investors access to initial public offering shares in its latest move to democratize retail investing. IPO shares have historically been set aside for Wall Street’s institutional investors or high-net worth individuals. Retail traders typically don’t
In this article T OTLY BA .CRBQX VFC DE An ASL Airlines Boeing 737-400 freighter landing at Milan Malpensa airport. Fabrizio Gandolfo | LightRocket | Getty Images Check out the companies making headlines in midday trading. Boeing — Boeing shares edged nearly 3% higher in midday trading after Reuters reported the aircraft manufacturer discussed increasing
As Republicans in Congress make a new push for federal legalization of cannabis, it’s a good time to hold some quality cannabis stocks. It’s expected that the legal cannabis market could be worth $100 billion in the United States alone by 2030. Further, Canada is already an attractive market and medicinal cannabis is gaining traction