Many may be waiting for the other shoe to drop with Gamestop (NYSE:GME) stock. But not even market-wide jitters about the Delta variant could knock down the most popular “meme stock.” In fact, on the day the Dow slumped over concerns, GME stock ticked higher rather than lower. Source: Emil O / Shutterstock.com Will this
Canopy Growth (NASDAQ:CGC) and CGC stock lost ground in recent days due to the realization by investors that the new cannabis legalization bill being put forward by Senate Majority Leader Chuck Schumer has got a long way to go before it goes to a vote. Source: Shutterstock When it does, it’s doomed to fail.
Defensive stocks, which typically have low market risk, are getting increased attention. And these types of shares are popular because they can help protect portfolios from rapid market declines or wild swings in returns. Today, I’ll introduce seven defensive stocks to buy for the earnings season. Despite stomach-churning volatility, especially in the early days of the
A button for launching the Netflix application is seen on a remote control in this photo illustration in Warsaw, Poland on April 25, 2019. Jaap Arriens | NurPhoto | Getty Images Check out the companies making headlines after the bell: Netflix — Shares of the streaming platform slid 2% in after hours trading after reporting
AMC Entertainment (NYSE:AMC) stock been on a rollercoaster ride so far this year. The r/WallStreetBets community turned the investment world upside down by joining forces to bid up AMC stock, boosting the price by nearly 3,000% at one point in the year via short squeezes. These wild swings in price have in fact become a virtual showdown
Zomedica (NYSEAMERICAN:ZOM) is the “meme stock” that just can’t take off. Despite constant prodding from Reddit and even some positive opinions from InvestorPlace, this pet health company remains in the penny stock dungeon. In fact, ZOM stock shares haven’t traded above $1 since April. Source: didesign021 / Shutterstock.com Fortunately, though, help is on the way
The Zacks Earnings ESP (Expected Surprise Prediction) Filter lets you search for stocks with the highest probability of positively surprising (or negatively surprising, if that’s what you’re looking for). This proprietary metric has proven to predict earnings surprises with a 70% accuracy. And when the ESP is used with Zacks Rank #1 Strong Buys, #2
Working as a financial planner, also called a personal financial advisor, provides an opportunity to work directly with clients and businesses to navigate the foundational principles of personal finance. Financial planners advise their clients on how to achieve their financial objectives. Some financial planners provide comprehensive planning services without offering recommendations, while others offer both
The New Shepard Blue Origin rocket prepares to lift-off from the launch pad carrying Jeff Bezos along with his brother Mark Bezos, 18-year-old Oliver Daemen, and 82-year-old Wally Funk prepare to launch on July 20, 2021 in Van Horn, Texas. Blue Origin | Anadolu Agency | Getty Images VAN HORN, Texas — Jeff Bezos‘ space
Traders work on the floor of the New York Stock Exchange. NYSE I have several friends in the restaurant business. For the past few weeks, I’ve heard the same story every weekend: business is fabulous, and we can’t get enough help. This week, several of those restaurant people asked me what was going on with these Covid
An American Airlines plane lands at the Miami International Airport on June 16, 2021 in Miami, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Simon Property Group — The mall operator rose 5% after Stifel upgraded the stock to buy from hold. The Wall Street firm said Simon
Corsair Gaming (NASDAQ:CRSR) is a $2.7 billion market cap gaming console company whose revenue and earnings have been on a tear. That’s great news for investors in CRSR stock. Source: WDphotography / Shutterstock.com Look for this company’s earnings and more importantly, its free cash flow (FCF) to explode higher this year and next as its
After suffering from the pandemic last year, the energy sector is by far the best-performing sector of the stock market this year making royalty trusts worth another look. Thanks to the massive rollout of vaccines and the deep production cuts of OPEC and Russia, the price of oil has rallied to a 3-year high while
A number of new positive catalysts have been added to the mix for GameStop (NYSE:GME). However, despite the potential for a boost, GME stock remains extremely overvalued. Source: Northfoto / Shutterstock.com The biggest factor in GameStop’s future is Netflix’s (NASDAQ:NFLX) reported entry into the video game sector. Many investors viewed this as a negative development
Reddit traders tried to turn it into a short-squeeze play last month. But in the past few weeks, shares in Nano Dimension (NASDAQ:NNDM) stock have been pulling back. Since June 28, when the 3D printing play traded for around $9 per share, it has tumbled by around 28%. Source: Spyro the Dragon / Shutterstock.com Some
In this article TSCO PSTH TSLA Check out the companies making headlines before the bell: AutoNation (AN) – The auto retailer reported quarterly earnings of $4.83 per share, well above the $2.81 consensus estimate. Revenue was also above consensus, with same-store new car sales up 42% over a year ago and used car sales up
Growth has clearly been the winning investment strategy over the past decade. Buying shares of well-managed businesses in industries with above-average growth has proven capable of superior portfolio performance. Therefore today, we’ll discuss seven growth stocks that could be appropriate for a range of InvestorPlace.com readers. Most growth stock have high valuation metrics, such above
In any other circumstance, Opendoor Technologies (NASDAQ:OPEN) stock may have been a no-brainer investment. Source: PREMIO STOCK/Shutterstock.com As you probably know, owning real estate is the epitome of the American Dream — but the paperwork to seal the deal is a veritable nightmare. Opendoor’s digitalization of the buying and selling process is the answer we’ve
Last month, I wrote about Square (NYSE:SQ) stock using a comparison with PayPal (NASDAQ:PYPL) and concluded it was way too cheap. On June 7, SQ stock closed at $216.95 and I wrote it was worth $250.33. Source: monticello / Shutterstock.com Since then, SQ stock jumped to as high as $254.78, but has fallen to current
Oil is the crown jewel of commodities that is used in a multitude of ways in our lives, from plastics to asphalt to fuel. The oil industry is an economic powerhouse and the movements of oil prices are closely watched by investors and traders. Changes in oil prices can send shockwaves throughout the global economy.