In this article VLO Follow your favorite stocksCREATE FREE ACCOUNT In an aerial view, the Valero Houston refinery is seen on August 28, 2023 in Houston, Texas. Brandon Bell | Getty Images Check out the companies making headlines in midday trading. Oil stocks — Petroleum refiners Valero Energy and Marathon Petroleum gained 1.5% and 1.2%,
Core CPI rose 0.3% in August versus July. While the increase was slightly higher than the 0.2% monthly gain in core CPI in July, it was still relatively tame. And if you annualize the combined July and August increases, you come up with 3%. While that’s above the Fed’s nominal 2% inflation target, 3% inflation
Shorting stocks is not for the faint of heart or conservative investors. When you short stocks, of course, the companies that you’re betting against are working against you, since they want their share prices to increase. As a result, in their communications with the outside world, they will emphasize the positive aspects of their firms’
Blackstone (NYSE:BX) President and Chief Operating Officer Jon Gray appeared on Bloomberg Wealth with David Rubenstein in July. Gray, who launched Blackstone’s real estate business in 1992, was asked by Rubenstein where to put $100,000. Gray suggested private and public real estate investment trusts (REITs) to buy were your best bet. His fallback recommendation: a
Ray Dalio speaks during the 2023 Forbes Iconoclast Summit at Pier 60 on June 12, 2023 in New York City. Taylor Hill | GGetty Images U.S. billionaire Ray Dalio says new investors should have a diversified portfolio as economic and geopolitical headwinds persist. “I would like to have diversification, because what I don’t know is
A DoorDash Inc. delivery bag sits on the floor at Chef Geoff’s restaurant in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines in premarket trading. PayPal – Shares of the payments giant fell more than 1% premarket after MoffettNathanson downgraded the stock to market perform from outperform and
As the market maxim goes, velocity stocks on the run usually maintain momentum. But investors need to weigh the risks carefully. Many retail traders got burned jumping into a penny stock pump-and-dump at the high before selling low. It’s a tale as old as time, and we don’t have to look further than the past
Meme stocks burst onto the investment scene, notably when GameStop (NYSE:GME) launched to astronomical heights in 2021, leaving both seasoned investors and short sellers dumbfounded. Yet, this meteoric rise was a double-edged sword, spotlighting potential meme stocks to sell. The sizzle of GameStop’s success lured numerous speculators, with various meme stocks rising by double or even
Recently, data from the Bureau of Labor Statistics revealed that prices for United States consumers increased by 3.7% in August. This inflation rate was in line with economists’ and analysts projections. Prices grew at a faster pace compared to the previous month. Specifically, on a month-over-month basis, the inflation rate rose by 0.6%, up from
Inflation is coming down, the economy remains robust, and anticipated rate cuts from the Fed are among key potential drivers soaring tech stocks higher. The excitement surrounding AI advancements further fuels investor interest in these stocks, as technology continues to reshape various industries. Of course, investors looking at growth stocks remain focused on plenty of potential
Palantir (NYSE:PLTR) is a standout in this year’s AI-driven rally, gaining nearly 150% on a year-to-date basis thanks to strong earnings and elevated expectations. The launch of ChatGPT in November 2022 boosted AI stocks, leading many companies to discuss their AI efforts on earnings calls. Palantir stock also saw a surge in its stock price after
Which way is the stock market headed? It is difficult to say at this point. After rising in the year’s first half, stocks fell in August and have been moving sideways so far in September. Analysts and media seem divided on the way forward. Headlines suggest that we are about to enter a bull run
CrowdStrike IPO at the Nasdaq exchange June 12, 2019. Source: Nasdaq While macro uncertainty continues to distract investors, it is prudent to focus on companies that are well-positioned to navigate challenges with their solid execution and deliver attractive growth over the long term by capitalizing on secular trends. Here are five such stocks chosen by
Cyber threats are escalating in both prevalence and sophistication. So, the imperative for advanced protection in the realm of cybersecurity stocks, has never been greater. With the digital landscape undergoing relentless attacks, cybersecurity stands out as a critical bulwark and a lucrative long-term investment sphere. As McKinsey & Co. illuminates, we’re eyeing a staggering $2
Is the era of meme-stock rallies finally over? Probably not, but we may be witnessing a last gasp as AMC Entertainment (NYSE:AMC) stock tumbles to alarming lows. As long as AMC Entertainment is willing to dilute its current shares through common stock offerings and conversions, even the faithful “Apes” should consider cutting their losses and moving
Investors and analysts often debate whether Tesla (NASDAQ:TSLA) should be viewed as an auto company or a tech company. The reality is that it is both. The company’s innovative electric vehicles and renewable energy products underscore its role in the auto industry, while its cutting-edge technologies, such as self-driving capabilities and AI-driven software initiatives, underscore
In a volatile market, growth stocks can offer tremendous upside for investors willing to stomach some risk. While many high-flying growth names have seen sizable corrections in 2022, the long-term growth narratives for many of these companies remain intact. As the macroeconomic environment improves in 2023 and beyond, some of the most beaten-down growth stocks
On the surface, Verizon Communications (NYSE:VZ) may seem like an appealing buy for value investors. VZ stock trades at a very low price-to-earnings ratio, with a forward earnings multiple of only 7.2. Not only that, shares in this telecom giant also sport a dividend yield that’s undeniably high, even in today’s high interest rate environment.
Blue-chip stocks represent ownership in established, financially sound businesses, but are the blue-chips you’re taking a look at today in the “Green Zone stocks” category? TradeSmith offers investors valuable tools for determining which stocks to watch. A good example is its Health Indicator feature. This comprehensive indicator provides an overall rating of a stock’s current
In this article CTLT Follow your favorite stocksCREATE FREE ACCOUNT Rows of glass vials in a biologics laboratory in Sweden. Photographer: Mikael Sjoberg/Bloomberg Bloomberg Creative | Bloomberg Creative Photos | Getty Images Company: Catalent (CTLT) Business: Catalent develops and manufactures solutions for drugs, protein-based biologics, cell and gene therapies, and consumer health products worldwide. The