Cheap blue-chip stocks refer to companies that are established and have a strong record of delivering solid earnings and returns to investors but have fallen off recently. These stocks also tend to be market leaders in the sectors in which they compete and have held dominant positions for many years, if not decades. For these reasons,
At long last, after taking a beating all year long SoFi Technologies (NASDAQ:SOFI) stock had a good day. On Nov. 1 share shot higher after SoFi released its third-quarter 2022 financial results. Yet, those gains were quickly coughed up as SOFI stock retreated over the next couple of days. Investors must ask themselves: Why did this happen, and
In this article ARKK Follow your favorite stocksCREATE FREE ACCOUNT Catherine Wood, chief executive officer of ARK Investment Management LLC, participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, May 2, 2022. Lauren Justice | Bloomberg | Getty Images Cathie Wood’s flagship ARK Innovation ETF staged a dramatic relief rally Thursday
In this article BROS VCSA COIN AAPL Follow your favorite stocksCREATE FREE ACCOUNT Travis Boersma, Dutch Bros Coffee at the NYSE, September 15, 2021. Source: NYSE Check out the companies making headlines in midday trading Thursday. Coinbase – The cryptocurrency exchange was up 10.7% after Oppenheimer said Coinbase was well-positioned while the larger sector was
Once considered to be a cash cow for investors, finding semiconductor stocks to buy and hold can be daunting these days. The iShares Semiconductor ETF (NASDAQ:SOXX), an exchange traded fund that holds 30 leading semiconductor stocks, is down more than 35% so far this year as a chip shortage continues to stress the industry. But if you’re a
There’s a decent chance that any stock investment is bound to decline in value right now. The Federal Reserve recently instituted its fourth consecutive 75 basis point (0.75%) interest rate hike. This move signaled that the ultimate terminal rate required to bring down inflation may be higher than initially anticipated. For most stocks, this has
How far could a $100 wager on Baidu (NASDAQ:BIDU) stock take you? In the short term, don’t expect huge gains, as traders are still nervous about Chinese President Xi Jinping’s consolidation of power. They’re anxious about the nation’s strict Covid-19 policies as well. Yet, Baidu shares have lost so much value that there seems to
In this article BROS RIVN SIX WE 9866-HK TPR Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Tapestry (TPR) – The company behind the Coach and Kate Spade brands beat top and bottom line estimates for its latest quarter, but cut its full-year forecast for the impact of
Apple (NASDAQ:AAPL) became the latest member of the FAANG-plus-Microsoft (NASDAQ:MSFT) group to deliver bad news on Nov. 6. Specifically, AAPL reported that shipments of its iPhone 14 Pro and iPhone 14 Pro Max would be below its previous outlook. The hardware giant blamed supply issues caused by Chinese anti-coronavirus measures for its miss, which strikes me
Like many of its FAANG peers, Amazon (NASDAQ:AMZN) stock has experienced a post-earnings plunge in recent weeks. Following the cloud computing and e-commerce giant’s latest quarterly earnings release, AMZN stock has hit multi-year lows. More or less, the stock has fallen back to price levels last seen at the start of the Covid-19 pandemic. Considering
A collaboration with Amazon (NASDAQ:AMZN) should rescue any company from its financial problems, right? Not necessarily, as Blue Apron (NYSE:APRN) sealed a deal with the e-commerce behemoth but hasn’t returned much value to its shareholders. Furthermore, despite its short-squeeze potential, some big-money traders seemingly expect APRN stock to continue on its downward trajectory. Headquartered in
Cryptocurrencies extended their slide for a second day Wednesday as the market absorbed the potential collapse of popular crypto exchange FTX. Prices were pressured to start the day and plunged by late afternoon as Binance, the largest global exchange by volume, abandoned plans to acquire Sam Bankman-Fried’s FTX after a due diligence exam and recent
In this article SPGI Follow your favorite stocksCREATE FREE ACCOUNT Consumer inflation may have come down slightly in October as goods prices declined, but prices for services and rents are expected to continue to climb. Economists expect the October consumer price index rose 0.6% from September, or 7.9% from a year ago, up from 0.4%
There are cheap stocks, and then there are penny stocks. The former aren’t necessarily bad investments. The latter — defined as stocks trading at $5 or less — often turn out to be duds. Let’s take a look at six cheap stocks that analysts love. For this article, cheap stocks will be those companies whose July
As interest rates (and the chance of a recession) keep rising, the likelihood we see this bear market in tech stocks continue into 2023 increases. However, while some high-quality, reasonably-priced names in the sector may make for great long-term buys right now, there are quite a few tech stocks to avoid. Despite the significant multiple
Everybody on Wall Street despises microprocessor manufacturing giant Intel (NASDAQ:INTC), right? That’s actually an unfounded assumption, as some big-money investors are holding large quantities of INTC stock. Maybe they know a good value when they see it, or perhaps they’re bullish on Intel as the chipmaker lays the groundwork for significant cost reductions. If you’ve been
In this article TSLA META DHI DIS Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Tesla (TSLA) – SEC filings show CEO Elon Musk sold nearly $4 billion in Tesla shares in the days following his purchase of Twitter. Tesla shares added 1.5% in the premarket. Meta Platforms
Undervalued fintech stocks are an increasingly important part of today’s financial landscape. In today’s rapidly evolving economy, financial technology, or fintech, plays a crucial role in helping businesses and individuals manage their finances. Despite the countless benefits that fintech stocks offer businesses and investors alike, they often tend to be undervalued. With cutting-edge technology at
Tumbling yet again after a poorly-received earnings report, value investors are again arguing that Meta Platforms (NASDAQ:META) is severely undervalued, and a screaming buy at current prices. Sure, on the surface, META stock appears dirt cheap. After falling nearly 72.5% over the past year, shares in the tech giant, parent company of popular social media
In this article TTWO TRIP LYFT Follow your favorite stocksCREATE FREE ACCOUNT The TripAdvisor Inc. application is seen in the App Store on an Apple Inc. iPhone. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Lyft — Shares of Lyft plummeted 22.9% after the company’s earnings report