A piece of news came across my computer recently that should be welcome for those who own Canopy Growth (NASDAQ:CGC) stock. The company continues to have a sizable impact in the Canadian cannabis market. Up around 36% year-to-date, CGC stock has what it takes to keep moving higher. Source: Shutterstock Here’s why: Canadian Cannabis Continues
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If you have moved jobs while holding a traditional 401(k), you are probably familiar with the rollover options for these ubiquitous retirement accounts. You may be less sure, though, of your options when you leave an employer with whom you hold a Roth 401(k), the newer and less prevalent cousin of the traditional 401(k). The
Clover Health Investments Corp. (NASDAQ:CLOV) has fallen to $9.71 as of Feb. 24 from $15.90 on Jan. 8 when its SPAC (special purpose acquisition company) merger closed. On Feb. 4, Hindenburg Research came out with a scathing research short report on CLOV stock and its founders and promoters. Source: Shutterstock I believe that the stock
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 the importance of buying an asset that they can hold for ever. Buy purchasing a company
In this week’s lesson what I’d like to do is share with you the different ways or the methods that you can actually trade. I’m not going to go into every little concept or detail of how to execute these and how to be profitable in them. I just want to show you the different
Kevin Matras explains how Zacks Ultimate works in this educational video.
Mentions of GameStop increased on Reddit days before shares of the video-game retailer took off again, according to Justin Zhen, co-founder of Thinknum, a tech firm that compiles alternative data sets for investors. “In the last 24 hours, we saw the number of occurrences of mentions for GameStop spike. It actually started spiking about four
Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, December 1, 2020. Susan Walsh | Pool | Reuters Stock investors are trying desperately to interpret what a rise in bond yields means for the stock market. Since February 10th,
A staff member displays a burger with a Beyond Meat plant-based patty at VeggieWorld fair in Beijing, China November 8, 2019. Jason Lee | Reuters Check out the companies making headlines after the bell on Thursday: Beyond Meat – Beyond Meat shares rose as much as 14.7% in volatile trading on news that the plant-based
When it comes to income investing, we think investors should look for blue-chip stocks that have a few key features that go beyond the ordinary dividend stock. In particular, we prefer dividend stocks that have the ability to grow their payouts over time, as well as those that have very safe and reliable payouts, even
The previous lack of successful biofuels in developed nations and Gevo’s (NASDAQ:GEVO) high valuation are both factors that make me cautious on GEVO stock. The company develops low-carbon renewable fuels from plant sugars, but I’m not sure it’s a sustainable buy. Source: PhotographyByMK / Shutterstock.com Other worrisome trends for the stock include the apparent lack
Even after dropping $25 per share recently as stock fashions changed, Palo Alto Networks (NASDAQ:PANW) opened for trade Feb. 25 worth twice what it was a year ago. The opening price of $370 per share represents a market capitalization of $36 billion. A year ago, PANW stock was trading around $185. Source: Sundry Photography /
On Feb. 23, Churchill Capital Corp IV (NYSE:CCIV) plunged on the news of its merge with Lucid Motors, a U.S.-based luxury electric vehicle (EV) maker. Now, InvestorPlace’s investment analyst Luke Lango believes this drop is a once-in-a-lifetime buying opportunity for CCIV stock. Source: Nick Starichenko/InvestorPlace.com It may very well be. But it also might be
Coinbase co-founder and CEO Brian Armstrong speaking at TechCrunch Disrupt SF 2018. Steve Jennings | Getty Images for TechCrunch Cryptocurrency exchange Coinbase on Thursday filed to become a public company and revealed that its revenue more than doubled last year. According to the filing, Coinbase had net revenue of $1.14 billion in 2020, up from
Take a look at some of the biggest movers in the premarket: GameStop (GME) – GameStop remains on watch after another Reddit-fueled surge Wednesday in the video game retailer’s shares, as well as other so-called “Reddit stocks” like BlackBerry (BB), AMC Entertainment (AMC) and Koss Corp. (KOSS). GameStop surged 55.8% premarket, while AMC rose 12.9%,
Naked Brand (NYSE:NAKD) has given investors a thrill lately. NAKD stock went from literally selling for pennies at the beginning of the year all the way up to $1.35 at the time of writing. But it seems like the moment has passed, although the stock is still holding above the psychologically important $1 level. Source: Shutterstock
The deadline to both file and pay 2019 federal income taxes was extended to July 15, 2020, due to the economic disruption caused by the COVID-19 pandemic. The extension was announced by then-U.S. Treasury Secretary Steven Mnuchin in March 2020. Key Takeaways The deadline to file and pay 2019 taxes was extended to July 15,
Star Peak Energy Transition Corp (NYSE:STPK) is a SPAC (special purpose acquisition company) that will merge with battery-storage management company Stem, Inc. Once that happens, and the symbol changes to STEM, expect to see STPK stock (which will become STEM stock) move up at least 46% from here. Source: NESPIX / Shutterstock.com On Dec. 4, 2020,
Microsoft (NASDAQ:MSFT) is firing on all cylinders. But MSFT stock still looks expensive. Source: Shutterstock Microsoft opened for trade Feb. 24 at about $230 per share. That’s a market cap of roughly $1.75 trillion on estimated fiscal 2021 revenue of $164.2 billion. The trailing price-earnings ratio is near 35. There’s nothing wrong with the company.
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 the importance of the Cash Flow Statement. This important document is used to help determine how
These terms are more efficient than terms like “buy” and “sell” because they tell your position–your mindset on a particular stock or on the industry. Long: -Positive on the market -You can also be “long” on a particular stock: If you are long Nike, you’re expecting it to go up Short: -Negative on the market
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
A GameStop store is pictured in New York, January 29, 2021. Carlo AllegriI | Reuters Shares of GameStop surged more than 90% in afternoon trading on Wednesday as investors poured into the brick-and-mortar retailer amid a C-suite shake-up. GameStop announced Wednesday that its chief financial officer Jim Bell will resign on March 26. “Mr. Bell’s
A shopper walks toward a GameStop store in Ottawa, Illinois, April 1, 2019. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines after the bell on Wednesday: GameStop – Shares of the gaming retailer surged 61%, building on their massive surge during the regular trading session as traders weighed a C-suite
Given a recent negative article in Consumer Reports on DNA testing for consumers — as well as mixed reviews on 23andMe — I recommend avoiding VG Acquisition (NYSE:VGAC) and VGAC stock at this point. Why? Right now, VGAC’s valuation is quite high. Meanwhile, the barriers of entry in consumer DNA testing appear to be relatively
Back in late January, I said that Churchill Capital Corp IV (NYSE:CCIV) represented true competition for Tesla (NASDAQ:TSLA). Rumors were circulating that the special purpose acquisition company (SPAC) could be merging with electric vehicle (EV) maker Lucid Motors. Now, that rumor has been confirmed. And I still stand by my argument for CCIV stock — at
The pandemic has had a huge impact on the media and entertainment industry across the world. According to a report from Pricewaterhouse Coopers, cinema revenue will see the sharpest contraction in at least two decades. As per the report, the revenues for the cinema industry are not expected to recover to the pre-pandemic level until
Rocket 3.2 launches from Kodiak, Alaska. Astra / John Kraus Rocket builder Astra is preparing to go public in the second quarter, taking on a crowded field of competitors while aiming for daily deliveries to space by 2025. CEO Chris Kemp spoke to CNBC this month about the company’s plans for its upcoming cash infusion.
Take a look at some of the biggest movers in the premarket: Lowe’s (LOW) – The home improvement retailer reported quarterly profit of $1.33 per share, 12 cents a share above estimates. Revenue also came in above analysts’ forecasts. Same-store sales jumped 28.1%, compared to the 22% predicted by analysts surveyed by FactSet. Lowe’s shares
At the beginning of December, TransEnterix (NYSEAMERICAN:TRXC) had a market capitalization of about $46 million. And with volatile drops between 20%-30% early morning of Feb. 23, TRXC stock’s inflated market cap is finally popping. But despite today’s carnage, it’s still up tenfold from December. Source: Shutterstock The obvious question is: what changed? And the answer