At a cursory glance, you would expect the cannabis industry to receive an exemption regarding the devastating impact of the novel coronavirus pandemic. Primarily, Americans are stressed. Never before since perhaps World War II has a disruptive event impacted the entire nation. In theory, this should benefit Canopy Growth (NASDAQ:CGC) stock. Source: Shutterstock In reality,
A commonly used adage in the financial-world is “sell in May and go away.” The reason is a relative under-performance in the markets between May and October. With that in mind, it might be a good time to look at some stocks to sell in May. If we look at the S&P 500 index average
In this article AAPL EBAY F FB QCOM EBay Inc. signage is displayed at the entrance to the company’s headquarters in San Jose, Calif. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell on Wednesday: Apple — The technology giant’s stock ticked up 2.9% after the company
News of game-changing drugs, treatments and vaccines may dominate the headlines when it comes to pharmaceutical stocks. But, taking a gamble with high-risk, high-possible return biotech stocks isn’t the only way to approach this sector. There are less risky opportunities in this space. Sure, they may not generate the triple-digit percentage gains we’ve seen in
DraftKings (NASDAQ:DKNG) has been on my radar for a while, particularly given its high-growth profile. The company is operating in a secular growth environment, while DKNG stock was one of the few stocks to hold up during the high-growth stock selloff earlier this year. Source: Tada Images/Shutterstock.com In late February and early March, high-growth
What Happened to the Shopify Stock Price Today? Shopify (NYSE:SHOP) stock popped more than 10% on Wednesday after the e-commerce solutions provider reported very strong first-quarter 2021 numbers, topping the Street’s revenue and profit expectations. SHOP stock is now up 18% year-to-date, 104% over the past year, and 910% over the past three years. Watch
In this article ENPH Solaray Director Jonathan Fisk moves a solar panel at the solar power installation company’s Sydney facility. Jason Reed | Reuters Shares of Enphase Energy dipped more than 14% on Wednesday after the company warned about the ongoing impacts of the chip shortage. For the first quarter the company, which makes microinverters
Take a look at some of the biggest movers in the premarket: Alphabet (GOOGL) – Alphabet reported record profit for the second consecutive quarter, earnings of $26.29 per share compared to a consensus estimate of $15.82 a share. Revenue beat forecasts, and the Google parent also announced a $50 billion share buyback. Shares jumped 5.1%
If you’re hungry for dividends, there are plenty of dividend ETFs in the investment universe that can satisfy your appetite. But not every dividend investor is looking for just any fund that pays dividends. While some dividend investors may be looking for a fund that focuses on stocks of companies with a history of growing
I am not a fan of chasing AMC Entertainment (NYSE:AMC) stock. This is even if it means that I could miss out on upside. The logic for my apprehension is easy to explain. Source: rblfmr/Shutterstock.com Its business situation is nowhere near what it had been before the coronavirus pandemic. Therefore, the stock shouldn’t have rallied
If you borrowed money to pay for school, your first question might be how best to pay off your student loans. The short answer is that there’s no magic bullet, but there are definitely things you can do to make paying back education debt easier. Student loan debt reached an all-time high of $1.54 trillion
Rising investor interest in coronavirus related stocks will benefit these ETFs.
Marathon Digital Holdings (NASDAQ:MARA) has been making news lately. It just brought on a new CEO on April 26 and also announced its preliminary first-quarter earnings on April 5. Both of these are bullish signs for Marathon, a Bitcoin (CCC:BTC-USD) mining company, and for MARA stock. My view is that MARA stock is worth about
Investors should know that some of the shine has worn off of QuantumScape (NYSE:QS). In fact, a lot of the shine has worn off of QS stock. Source: Tada Images / Shutterstock.com The markets are a bit wiser to the reality of the EV revolution. That will ultimately serve investors better in the long run.
A man looks at GameStop at 6th Avenue on February 25, 2021 in New York. John Smith | Corbis News | Getty Images GameStop‘s stock price climbed in extended trading Monday after the video game retailer said it sold 3.5 million additional shares, raising $551 million to speed up the company’s e-commerce transformation. The stock, favored
In this article V GOOGL MSFT SBUX AMD AMGN TXN People wear protective face masks outside Starbucks in midtown as the city moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 23, 2020 in New York City. Noam Galai | Getty Images Check out the companies making headlines
Not all businesses in the U.S. were hurt by the Covid-19 pandemic lockdowns. In fact, many companies produced some of their best financial results ever in 2020. Retailers that had a strong omni-channel presence did quite well, including Target (NYSE:TGT). And TGT stock benefitted as well. Source: Robert Gregory Griffeth / Shutterstock.com This 100-year-old retailer
Palantir Technologies (NYSE:PLTR) offers data analytics software to clients. Established in 2013, the company works with government agencies to gather and analyze data to make decisions. Its clients include CIA and FBI. PLTR stock had a great start this year as its software was embraced by commercial clients. Source: Ascannio / Shutterstock.com Over the past few
This week, Microvision (NASDAQ:MVIS) briefly became the most-mentioned company on Reddit’s r/WallStreetBets subreddit. It didn’t matter that the 28-year-old firm had never seen a profitable year, nor that its lidar (light detection and ranging) technology lags years behind the competition. Every time a Reddit user posted their six-digit gains from MVIS stock, more people bought
CNBC’s Jim Cramer on Tuesday expressed some disappointment in Tesla‘s first-quarter earnings report and subsequent conference call. “I have to be somewhat critical. This was not the blowout quarter,” Cramer said on “Squawk on the Street,” describing the numbers released Monday by the electric vehicle maker as “very good” relative to certain industry peers. He