A Leisure Stock to Consider as the Economy Reopens and One That Shines in Beauty Business.
Many investors historically have turned to safe haven assets such as precious metals in times of economic and political turmoil. One way to gain exposure is by owning companies in the metals and mining industry, which are involved in the exploration, extraction, and sale of metals and other minerals. These materials are used in a
Hunter Horsley, CEO of Bitwise Asset Management and executives celebrate the launch of an ETF at the New York Stock Exchange, June 1, 2021. Source: NYSE Henry Kravis, Stanley Druckenmiller and Bridgewater CEO David McCormick have invested in Bitwise Asset Management’s Series B funding. The cryptocurrency index fund manager raised $70 million from a handful
In this article DKNG XOM VRM New England Patriots cornerback Stephon Gilmore (24) stretches during the New England Patriots practice session in Foxborough, MA on Oct. 22, 2020. Barry Chin | Boston Globe | Getty Images Sage Therapeutics — Shares of the drug maker fell about 17% after the release of study results for its
One of the latest initial public offerings, Oatly (NASDAQ:OTLY) has so far avoided the curse that befell many IPOs before it. Though it’s not a guarantee that OTLY stock will continue moving northward, investors can take some encouragement from the auspicious start. Source: Katrinshine / Shutterstock.com Mainly, the company and its underlying oat-based alternative to
A few months ago I tried to warn readers away from Castor Maritime (NASDAQ:CTRM). Source: Pavel Kapysh / Shutterstock.com I didn’t pull punches. I talked about how penny stocks are easy to manipulate. I even threw in some 19th century references. But some of you got in anyway. Maybe someone on Reddit told you this
It wasn’t long before marijuana was considered a taboo. Emerging science, however, has altered customer perceptions and has paved a path for its legalization. As a result, the global legal marijuana market continues to expand at an impressive rate. Most recently, PSY (NYSEARCA:PSY), the first psychedelic stock ETF, hit the market. In turn, several psychedelic
CNBC’s Jim Cramer on Tuesday warned about the stock market implications of Federal Reserve Chairman Jerome Powell‘s upcoming post-meeting news conference. The Fed is set to release its policy statement at 2 p.m. ET on Wednesday, at the conclusion of its two-day June gathering. Powell’s Q&A session with reporters is scheduled to follow. Powell’s comments
In this article HRB RBLX LZB ORCL Facade with sign and logo at the La-Z-Boy furniture store in Pleasanton, California, April 16, 2018. Smith Collection | Gado | Getty Images Check out the companies making headlines in after-hours trading Tuesday: Oracle — Shares of the software company dipped more than 2% despite Oracle posting better-than-expected
One of the great China growth stories in recent memory has been Alibaba Group (NYSE:BABA). Since its IPO in September 2014, BABA stock has been the face of Chinese consumer growth and created many billionaires in the process. Source: testing / Shutterstock.com Alibaba has alternately been called the Amazon (NASDAQ:AMZN), Ebay ( NASDAQ:EBAY), Paypal (NASDAQ:PYPL)
For folks who like to sit on a stock and collect dividends for years, pharmaceutical giant Merck (NYSE:MRK) is a go-to investment. MRK stock is rock-solid: low in volatility and high in market capitalization, it’s appropriate for many risk-averse investors. Source: Atmosphere1 / Shutterstock.com On the other hand, the onset of the Covid-19 pandemic added an
For some strange reason, Reddit’s WallStreetBets embraced the short-squeeze of AMC Entertainment Holdings (NYSE:AMC). While its business is on the cusp of recovering, its earnings will not get anywhere near a level that justifies its valuation. Its market capitalization, which exceeded that of GameStop (NYSE:GME) at the end of last week, is most puzzling. For
It seems that GameStop (NYSE:GME) stock shares are finally coming back down to earth. Its recent earnings report contained a fair amount of positive news, but GME stock’s price is still falling. Source: Northfoto / Shutterstock.com There are multiple catalysts for the movement, but it’s best to summarize the downward momentum as a dose of
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, Students learned about the fundamental aspects of preferred stock. Although Preferred shares are a proportional ownership of equity
What is Overhead Supply? It is an area of resistance where there is more supply than you think. Example: If a stock is trading at $50 per share and has done a lot of trading at this level, eventually it will dip back down and may hit $20 per share. Many of the traders at
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
There has never been agreement about what should be done to solve the ballooning U.S. debt problem. On one side are those who believe higher tax rates are required to bring in desperately needed revenue. On the other side are those who believe that raising taxes is a bad idea, especially during a recession, and
This past week, I told subscribers about the number one meme stock to buy today for a big near-term breakout. I said this stock could end up being the next GameStop… or the next AMC… or the next Clover… all of which managed to soar several hundred percent in a matter of weeks. Since then, that
QuantumScape (NYSE:QS) went from a hot special purpose acquisition company (SPAC) to damaged goods in record time. Back in December, QS stock traded for $130 per share. Just six months later, QuantumScape has lost a crushing 75% of its value. Source: Michael Vi / Shutterstock.com Why did electric vehicle (EV) battery maker QuantumScape power down
Based in Ann Arbor, Michigan, Zomedica (NYSEAMERICAN:ZOM) specializes in veterinary testing and pharmaceutical products. But you don’t have to be a pet lover to trade and profit from ZOM stock. Source: Postmodern Studio / Shutterstock.com As we’ll see, this is one of the most affordable stocks on the market. Moreover, a recent price pullback could offer