Lots of blood in the water so let’s decide where to buy some December gifts. For more insights and “buy zones” check out the article version here: https://www.zacks.com/stock/news/1834163/growth-stock-meltdown-roku-and-pypl-vs-nvda-and-ttd 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
admin
In this article CFX PTON PFE AMD XOM XLNX Check out the companies making headlines before the bell: Exxon Mobil (XOM) – The energy giant signaled that it will report a fourth consecutive quarterly profit, thanks in large part to stronger oil and gas prices. The snapshot of fourth quarter results came in an SEC
Facebook Inc. did more than a simple name change when it took on the Meta Platforms (NASDAQ:FB) moniker. It also put an emerging trend (the metaverse) on the map. Doing so didn’t give FB stock much of a boost. Source: Blue Planet Studio / Shutterstock.com It did help spark enthusiasm for several more speculative cryptos and stocks, as
Canoo (NASDAQ:GOEV) stock hasn’t performed as expected. Source: shutterstock.com/rafapress After mid-November’s news that it was setting up shop in Arkansas and Oklahoma and the upward revisions in its production guidance for 2022 and beyond in mid-December, you would think all of this would send GOEV stock flying higher. That’s simply not the case. Since the same-day news
James “Jimmy” Cayne, the swaggering bridge-champion Wall Street CEO who led investment bank Bear Stearns during its rise and ultimate fall that would serve as a touchstone for the financial crisis of 2008, has died at age 87. Cayne died Tuesday days after suffering a stroke, according to a report in Bloomberg. One of the
A pedestrian walks past Biogen Inc. headquarters in Cambridge, Massachusetts, on Monday, June 7, 2021. Adam Glanzman | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Biogen — Shares of Biogen slid more than 7% after Samsung denied a report in South Korean media that it was in talks to
Editor’s note: This column is part of InvestorPlace.com’s Best Stocks for 2022 contest. Josh Enomoto’s pick for the contest is Sonic Automotive (NYSE:SAH) stock. Source: InvestorPlace It’s a thesis that initially goes against all common sense, from the shift in monetary policy by the Federal Reserve to gradually improving global economic metrics as society acclimates to the coronavirus
2021 was a tough year for financial technology (fintech) stocks. But in terms of losses, none of them hold a candle to StoneCo (NASDAQ:STNE). While major plays in this space are down around 20% for the year, STNE stock is down about 80%. Source: FOTOGRIN / Shutterstock.com What’s behind this Brazil-based payment processor’s tremendous drop in
Established in 1789 by an act of Congress, the United States Department of the Treasury is responsible for federal finances. The Treasury Department manages the U.S. government’s expenditures and its revenue-raising functions. Here we examine the Treasury’s responsibilities, particularly the reasons for its borrowing, and the means by which it takes on debt.1 The Treasury’s Responsibilities The U.S. Treasury is
Affirm Holdings (NASDAQ:AFRM) stock is down 26% in the last month. The market’s honeymoon with Buy Now, Pay Later (BNPL) is over. Source: Piotr Swat / Shutterstock.com Many finance and tech stocks fell in December. Affirm failed to bounce back in the market’s comeback. It’s trading today at around $101 per share with a market
A new exchange is trying to make it easier to hedge against events in politics and other areas. Kalshi, a firm founded by Tarek Mansour and Luana Lopes Lara, was designated as a contract market by the Commodity Futures Trading Commission in late 2020 and officially launched in June. The exchanges offers binary, yes-or-no contracts
In this article JNJ MU RRD DIDI JBLU BIIB Check out the companies making headlines before the bell: Biogen (BIIB) – Biogen slid 6.5% in the premarket after Samsung denied a report in the Korea Economic Daily publication that it was in talks to buy Biogen and combine it with its biotech unit. Biogen shares
It may have been the hottest investing trend of 2021. But as the new year beckons, it’s tough to be bullish on meme stocks. With numerous uncertainties clouding the market, the top names in this category, AMC Entertainment (NYSE:AMC) and GameStop (NYSE:GME), have been trending lower in recent weeks. The same thing has happened for
Stories about an impending stock market crash may be annoying to some who prefer a levelheaded approach to their portfolio, but perhaps no one is as frustrated as InvestorPlace’s Jeff Remsburg. In an email to our readership, he cited our own Louis Navellier, who recently criticized the mainstream media for playing in the mud with
Many had hoped that the retail trading frenzy and the strategic shift toward eCommerce would breathe new life into Naked Brands (NASDAQ:NAKD) stock. However, in a bizarre turn of events, the intimate-apparel company is pivoting toward commercial electric vehicle (EV) technology. Though it’s a fascinating prospect for the company, it comes with plenty of risks,
Traders work on the floor of the New York Stock Exchange (NYSE) on December 02, 2021 in New York City. Spencer Platt | Getty Images It’s time for my best guesses for next year: 2022 is a year to go big and bold, because a boom is coming. Not a boom in everything, but certainly a
In this article DIDI VSCO Scott Mlyn | CNBC Check out the companies making headlines in midday trading Wednesday. Victoria’s Secret — Shares of Victoria’s Secret jumped more than 10% after the intimate apparel retailer announced a $250 million accelerated share repurchase program. The company also reaffirmed fourth-quarter guidance provided in November, including an up
Decentraland (CCC:MANA-USD) has long been on the radar of cryptocurrency enthusiasts. Metaverse pundits have been aware of its importance to the greater movement to digitize our physical world and everything that comes with it. Source: shutterstock.com/Piotr Swat A broad awareness of Decentraland’s potential in the digital space for businesses and creators has been brewing for
Down more than 13% so far in 2021, AT&T (NYSE:T) stock is having a disappointing year. And it’s soon to lose its revered status as a dividend aristocrat. Source: Roman Tiraspolsky / Shutterstock.com Investors reacted poorly to the company’s plan to unload its WarnerMedia assets to Discovery (NASDAQ:DISCA) for $43 billion. The deal was announced
It’s been a stressful year for pot-stock traders, to say the least. A case in point would be Canadian cannabis company Sundial Growers (NASDAQ:SNDL), as SNDL stock dropped almost as quickly as it popped in 2021. Source: Jetacom Autofocus / Shutterstock.com Part of the problem is that the market has been fickle lately. One month, Reddit traders are pushing
Retirement planning involves identifying expenses, sources of income, and saving enough money to cover a certain percentage of your living expenses. However, there are a few expenses that might not be on your radar. Living expenses might be lower in retirement versus working years, while other expenses may stay the same. However, some costs might
Sometimes one of the biggest clues you can get as an investor is to examine what company insiders are doing with their stocks. After all, if the CEO doesn’t have confidence that the company’s shares will hold value, why should you? That brings us to the unfortunate tale of ContextLogic (NASDAQ:WISH) stock Source: sdx15 /
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Dec. 13, 2021. Michael Nagle | Bloomberg | Getty Images Farr, Miller & Washington is a “buy-to-hold” investment manager, which means we make each investment with the intent to hold the position for a period of
In this article DIDI AKAM VSCO CALM BABA TSLA Check out the companies making headlines before the bell: Cal-Maine Foods (CALM) – The nation’s largest egg producer earned 2 cents per share for its latest quarter, well short of the 30-cent consensus estimate. Sales were better-than-expected, but the bottom line was hit by higher costs
It’s tough investing in growth stocks right now. Many of them are ensnared in painful bear markets, with many of the stocks down 40% or more. However, not all growth and tech stocks are under pressure. In fact, many are doing quite well. If the stocks are acting well, the businesses sure are and Wall
Meme stocks took the market by storm at the start of the year only to peak by February 2021. On Reddit’s subgroup, WallStreetBets (or WSB), ContextLogic (NASDAQ:WISH) stock defied reality when “wish” became a meme play. Source: sdx15 / Shutterstock.com Wishing WISH stock would become the next Amazon.com (NASDAQ:AMZN) ended in disappointment. Had WSB members
Progenity (NASDAQ:PROG) is a clinical-stage biotech company. PROG stock completed its initial public offering (IPO) in 2020 at $15 per share. Source: Mongkolchon Akesin / Shutterstock.com The company would suffer a rapid and complete fall from grace, however. At the time of the IPO, Progenity aimed to be a molecular research company and had actual
Cargo containers sit stacked on a ship on November 22, 2021 in Bayonne, New Jersey. Spencer Platt | Getty Images Morgan Stanley said most acute supply chain disruptions are already easing and will be more fully resolved within the first half of 2022. That’s the base case the investment bank laid out in a recent
Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Milken Institute Global Conference in Beverly Hills, California, on Monday, Oct. 18, 2021. Kyle Grillot | Bloomberg | Getty Images Cathie Wood started the year as a bona fide superstar in the rarified world of active stock picking. She ends the year
In this article VIPS BA CCL UAL Coinbase signage in New York’s Times Square during the company’s initial public offering on the Nasdaq on April 14, 2021. Robert Nickelsberg | Getty Images Check out the companies making headlines in midday trading. Coinbase — Shares of the crypto exchange fell 6.9% on Tuesday as digital currencies