Hit by an analyst downgrade amid concerns about cryptocurrency demand and the economic impact of Russia’s invasion of Ukraine, Nvidia (NVDA) stock was down 11% last week. Friday’s close of $212.58 is a new 2022 low for NVDA stock. Investors have an opportunity to buy NVDA shares at a price not seen since last fall.
admin
Excitement stemming from possible U.S. pot reform has dissipated and Canopy Growth (CGC) stock is again moving lower. While better positioned to capitalize on pot reform than peers, other issues will likely push it to lower prices. Much like how you should “just say no” to Hexo (HEXO), the same applies here with Canopy. Source:
Carnival (CCL) might attract increased demand due to revenge traveling. In this manner, inflation provides an impetus to vacation but also a headwind. Speculators might try their luck, but conservative investors should be cautious. At the start of the coronavirus pandemic, Carnival (NYSE:CCL) became the posterchild for the devastation caused by the global health crisis,
Editor’s note: Below you’ll find the week 84 release of the NYC Recovery Index, originally published April 12, 2022. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery index rose marginally in the week ending April 2, 2022, with an increase from a score of 75 to 76 out
Christmas comes early for these aggressive growth stocks Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Gold House Gold House Megan Ruan knows firsthand how representation can impact funding for entrepreneurs. She recalled being the only woman of color working at a family office earlier in her career and running a portfolio of venture investments. “I saw the decisionmaking and how it differed between the people that were check-writers at these
Take a look at some of the biggest movers in the premarket: Netgear (NTGR) – Netgear tumbled 10.6% in premarket trading after the networking equipment maker reported weaker-than-expected preliminary results for the quarter that ended April 3. Netgear also cut its current-quarter revenue forecast, pointing to a weaker U.S. market for WiFi equipment. Zendesk (ZEN)
Intuit (INTU): The tax-prep software giant has made major environmental commitments. Best Buy (BBY): Promoting sustainability and social justice, BBY is a holistic idea among ESG stocks. Waste Management (WM): Not your typical ESG trade, WM does quite a bit for the environment. Source: Shutterstock It’s not the first thing that you’d expect to pop
Amazon (AMZN) stock’s astounding multi-year bull run could come to an end. Sure, Amazon demolishes retail businesses, but it might not be able to shake off government probes. Investors should refrain from adding to their AMZN stock positions now. Source: Sundry Photography / Shutterstock.com Everybody and their uncle knows Amazon (NASDAQ:AMZN) is the unstoppable 800-pound gorilla among
Initially viewed during the new normal as one of the more relevant introductions in the market, online mobile video game platform, Skillz (NYSE:SKLZ) has certainly seen better days. Just on a year-to-date basis alone, SKLZ stock has hemorrhaged 70%. Since its first day of trading, shares are down about 77%, in part reflecting a loss
In this article MS In this photo illustration, the Twitter logo is displayed on the screen of an iPhone in front of a computer screen displaying Twitter logos. Chesnot | Getty Images Check out the companies making headlines in midday trading. Twitter — Shares rose 3.4% after Twitter announced Friday that the board adopted a
Ameresco (AMRC): The clean technology integrator now offers utility-scale battery storage solutions and boasts a large backlog. ON Semiconductor (ON): Growing demand for electric vehicles and business automation have boosted top line growth. Plug Power (PLUG): Hydrogen fuel cell manufacturer anticipates a 80% increase in revenue this year. Source: Shutterstock As the demand for solar,
Franklin Resources (BEN): Asset management giant with a forward yield of 4.41%. First Interstate Bancsystem (FIBK): Under-the-radar banking play with a 4.76% dividend yield. It could see big earnings growth next year. Leggett & Platt (LEG): Hit hard in the past year, despite a 50-year track record of raising its annual dividend. LyondellBasell Industries (LYB): A
AMC Entertainment (NYSE:AMC) recently announced that it acquired seven locations with 66 screens in Connecticut, Upstate New York and Annapolis, Maryland. The meme-friendly theatre chain acquired the theatres from Bow Tie Cinemas. AMC stock gained 6% on the news. While the stock got a one-day boost from the news, the acquisition of these theatres will
PayPal (PYPL) recently laid off its next-gen tech team, raising questions about its relevance The move highlights the confusing nature of PYPL stock, both fundamentally and technically Conservative investors should tread carefully with PYPL stock Source: Michael Vi / Shutterstock.com PayPal (NASDAQ:PYPL) disclosed last week that it laid off its research team focused on advanced
What Is Solar Power for the Home? Homeowners who install solar power systems can receive numerous benefits: lower electric bills, lower carbon footprints, and potentially higher home values. But these benefits typically come with significant installation and maintenance costs, and the magnitude of the gains can vary widely from one house to another. This article
Andrew Walker of Rangeley Capital is back on the show to provide an update on the Discovery merger with WarnerMedia and to discuss his top 5 predictions for 2022. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 – Intro 0:00:15 – Update on the Merger Between Discovery and Warner Media 0:05:44 – Predictions of the Discovery Stock
Bank stocks are down in 2022. With the Fed raising rates, are the big banks a buying opportunity? Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter shares jumped 4.5% in the premarket after the company’s board of directors adopted a so-called poison pill to prevent Tesla (TLSA) CEO Elon Musk from increasing his stake in the company past 15%. That follows Musk’s $54.20 per share
Caterpillar (CAT): The heavy equipment manufacturer is enjoying rising demand from miners and energy companies fueled by increased capital spending. Exxon Mobil (XOM): The energy giant is offering stability through diversified operations as well as upside potential due to rising oil prices. Trade Desk (TTD): The digital ad platform saw a 47% increase in gross spend last
Safemoon (SAFEMOON-USD) was one of the most popular meme coins in early 2021. The company reached an all-time high market capitalization of $5.75 billion on in May 2021. However, the cryptocurrency has since declined and there does not seem to be a revival in the immediate future. Since the start of this year, Safemoon has
Electric vehicle maker Rivian (NASDAQ:RIVN) has named Anisa Kamadoli Costa as the company’s first chief sustainability officer. RIVN stock traded in line with the S&P 500 on the day the news was released. Prior to beginning her role with Rivian, Costa was the CSO of Tiffany & Co. and also served as the CSO of
Alpha Metallurgical Resources (AMR): The coal producer is well-positioned to benefit from rising coal prices. Arch Resources (ARCH): Projected to see triple digits topline growth through the first half of 2022. Peabody Energy (BTU): Poised to benefit from rising global electricity consumption and surging steel demand. Source: Shutterstock Coal stocks have been in the limelight
Rivian (RIVN) is facing macroeconomic and geopolitical headwinds The IPO lock-up expires in May, allowing early investors to sell their shares Investors should stay away from RIVN stock until further updates are provided on fundamentals Source: Miro Vrlik Photography / Shutterstock.com Rivian’s (NASDAQ:RIVN) fall from grace is a hard pill to swallow for its investors.
Tesla (NASDAQ:TSLA) is making headlines on Thursday morning, but that’s mostly pertaining to its CEO Elon Musk. Musk has made a public offer to acquire Twitter (NYSE:TWTR) for $54.20 a share. That news has TSLA stock down nearly 4% on the day. That’s as investors weigh the potential implications of what that may mean for
Honest financial planners can face real dilemmas when trying to do the right thing for their clients. There are some common dilemmas investment professionals may face as well as guidance on how you can overcome them. Key Takeaways Financial advisors manage assets and money matters for individuals who often have less knowledge and understanding of
In this article PLTR MCD TSLA CRWD CHWY The logo for McDonald’s is seen on a restaurant in Arlington, Virginia, January 27, 2022. Joshua Roberts | Reuters It seems inflation, the spike in oil prices and other commodities and geopolitical unrest are affecting just about every industry. Now, the arrival of earnings season brings another
Rivian Automotive (RIVN): On track to meet production guidance for 2022. Strong cash buffer for upside in manufacturing capacity. Roblox (RBLX): Possibly among the top metaverse plays. Healthy growth likely to sustain along with upside in free cash flows. Marathon Digital (MARA): Undervalued Bitcoin (BTC-USD) miner with the best part of growth still to come.
Tilray (NASDAQ:TLRY) announced on April 6 that its quarterly earnings ending Feb. 28 finally turned net income profitable. That’s the good news for the No. 1 market share cannabis company in Canada. But it also has bad news, hidden in the details that could keep hurting TLRY stock. So Tilray merged with Aphria last year
Bank of America (BAC) is hoping an earnings win can turn a rough year around. Charles Schwab (SCHW) has used its innovation to fare better than most so far in 2022. Johnson & Johnson (JNJ) has outperformed in 2022, and an earnings beat could push it higher. Netflix (NFLX) needs to show stronger growth to keep investors happy.