Sir Richard Branson may be trying to be first in the billionaire space race, but he believes there is plenty of opportunity in the market for companies like Virgin Galactic, Jeff Bezos’ Blue Origin, or Elon Musk’s SpaceX. “There’s room for 20 space companies to take people up there,” Branson said in an interview this
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I have a bullish view on equities as the world crawls back toward normalcy. However, there can be intermediate corrections even in the most optimistic times. It would therefore make sense to stay away from stocks that are trading at overly stretched valuations. This column will discuss seven stocks to sell into July 2021. First
Take a look at some of the biggest movers in the premarket: Virgin Galactic (SPCE) – Virgin Galactic shares soared 28.2% in the premarket after it announced that founder Richard Branson plans to be aboard a planned July 11 space flight. The flight would be 9 days before a scheduled Blue Origin flight would take
Castor Maritime (NASDAQ:CTRM) is a shipping company listed on Nasdaq but which has one employee, Mr. Petros Panagiotidis, located in Cyprus. He is the CEO, CFO, and controlling shareholder of CTRM stock. Recently, some have called into question the one-sided benefits that he is reaping from capital raises. Source: VladSV / Shutterstock.com According to a recent
The last time I wrote about C3.ai (NYSE:AI) was on June 14, two days before the provider of enterprise-scale artificial intelligence (AI) application solutions announced a new partnership with a subsidiary of Singapore Telecommunications (OTCMKTS:SGAPY). Since the announcement, AI stock has moved almost 7% higher. Source: shutterstock I’m on record stating that if you can
Before Warren Buffett and Charlie Munger became known as iconic business partners, steering the Berkshire Hathaway empire, they were just two guys from Omaha, Nebraska, who, apparently, were a lot a like. They discovered that thanks to a well-known doctor in town, Dr. Edwin Davis, who told Buffett in a 1957 meeting he trusted him
Mid-cap stocks are often overlooked. However, there are terrific dividend stocks in the mid-cap group that we think are worthy of consideration for income investors. In the world of investing, many investors focus on the biggest stocks in the market – so-called large caps – for their stability and predictability. This makes large-cap stocks generally
From a fundamentals perspective, Clover Health (NASDAQ:CLOV) certainly doesn’t look strong. In fact, there are several indications that the CLOV stock share price should trend downward. However, there are other forces at play here which are keeping prices above where they might otherwise be. Source: Shutterstock Namely, there is currently a massive amount of short
Traders on the floor of the New York Stock Exchange. Source: NYSE The quiet holiday week ahead could hold some fireworks for investors if the Fed reveals its thinking on its bond buying program. The four-day trading week could see stocks drift along with indexes at record levels, after stocks gained in the past week.
In this video, a person learns what the Market Price of a stock is.
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What Does the Department of Housing and Urban Development (HUD) Do? The purpose of the U.S. Department of Housing and Urban Development (HUD) is to provide housing and community development assistance and to make sure everyone has access to “fair and equal” housing. To achieve these goals, HUD runs or participates in many programs intended
Current investment into MindMed (NASDAQ:MNMD) stock is very clearly one thing: speculation. Source: Lightspring / Shutterstock.com I don’t say that to disparage individuals from establishing a position in shares of the psychedelics company. Rather, I say it to remind investors that there is really no way to know where it’s going at this point. The development
ViacomCBS (NASDAQ:VIAC) shareholders know the feeling of being caught up in events beyond their control. The value of VIAC stock surged at the start of 2021, topping $100 in March for 174% growth. Then the bottom fell out. Source: Jer123 / Shutterstock.com The story involved the collapse of hedge fund Archegos Capital Management and a
Virgin Galactic shares surged on Friday after the space tourism venture announced its next spaceflight test will carry founder Sir Richard Branson. The mission – with two pilots guiding spacecraft VSS Unity carrying Branson alongside three Virgin Galactic employees – plans to launch on July 11 from the company’s operations hub at Spaceport America in
Increased concern over inflation and valuations have brought choppiness back to equity markets. As the stock market recovers from a volatile month of trading, investors have turned their attention towards more defensive stocks. For many market participants, dividend shares seem to be the most reasonable plays. High-yield dividend stocks are prized among income investors, as
Although there has been some encouraging news about Lordstown Motors (NASDAQ:RIDE) recently, there have not yet been any concrete signs that the automaker can avoid bankruptcy, while RIDE stock remains vastly overvalued. Consequently, I continue to urge investors to sell the shares. Source: Postmodern Studio / Shutterstock.com Moreover, I believe that risk-tolerant investors looking for
Rendering of the Krispy Kreme Times Square flagship. Krispy Kreme Check out the companies making headlines in midday trading. Virgin Galactic — The space tourism company’s stock is up 3% after announcing founder Sir Richard Branson will be aboard its next spaceflight test. The stock jumped as much as 25% shortly after the open before
They’re not gangsters; they’re meme-sters. Evidently, Reddit users targeted Geo Group (NYSE:GEO), of all companies, for a wicked short squeeze. And all of a sudden, traders love to talk about GEO stock. Source: Shutterstock / TY Lim The crowds are fickle, aren’t they? It seems like just yesterday when I couldn’t get anybody to pay attention