In early 2019, I made a really bold call that seemed totally counterintuitive at the time. I told investors to buy the dip in Roku (NASDAQ:ROKU) after the streaming player’s stock had crashed in December 2018. Amid the collapse, most investors were running away from Roku. But I was running toward it. Specifically, I wrote:
In this article SHAK DKNG ROKU BLMN DE DBX Check out the companies making headlines before the bell: DraftKings (DKNG) – The sports betting company’s stock tumbled 13.2% in the premarket, despite a narrower-than-expected quarterly loss and revenue that beat estimates. DraftKings projects a wider-than-expected adjusted loss for the full year as costs continue to
Palantir Technologies (NYSE:PLTR) took Reddit by storm last year. Palantir launched its direct listing in late 2020 with its shares priced around $9 each. However, investors associated with WallStreetBets drove the price of PLTR stock up to $35. Source: Ascannio / Shutterstock.com It was an incredible valuation, well north of $60 billion, for the secretive
Investing in energy stocks like Exxon Mobil (NYSE:XOM) is all about your time horizon. In the near term, oil and natural gas prices are likely to be volatile, making it difficult to determine which way XOM stock will trend. Source: Jonathan Weiss / Shutterstock.com By the end of 2022, traditional energy stocks could start to be
David Borun goes over the best methods for closing a trade, despite how your original thesis was correct, or incorrect.
OneMain Holdings (NYSE:OMF) is an online lending company that has a super high dividend yield — over 7% — it can sustain through earnings. In addition, the company is buying back large amounts of its stock in the public market. So it turns out OMF stock is a rare find for investors — a sustainable
In this article SPCE Virgin Galactic leaders in front of the New York Stock Exchange, from left: CEO George Whitesides, founder Richard Branson and Chairman Chamath Palihapitiya. Virgin Galactic Virgin Galactic announced Friday that Chairman Chamath Palihapitiya is stepping down from the space tourism company’s board of directors, effective immediately. Palihapitiya’s SPAC, or special purpose
It is a fair question to ask if Costco (NASDAQ:COST) can keep the good times rolling. COST stock is expensive and there is a raging storm of inflation and supply chain instability battering the stock market. Source: ARTYOORAN / Shutterstock.com The big box retailer’s stock has increased 44% in the past 12 months and currently
In this article SPCE ROKU BLMN DLTR SHAK Scott Olson Check out the companies making headlines in midday trading. Roku — Roku shares were down nearly 25% after the company reported revenue for the most recent quarter that fell short of analysts’ forecasts. Roku also issued a weaker-than-expected outlook due to higher component prices and supply
Twitter (NASDAQ:TWTR) has been drifting down due to its lower-than-expected forecast for revenue this year. It ended last year at $43.22, but as of Thursday, Feb. 17, TWTR stock was at $35.43, or down 18% year-to-date (YTD). Source: Worawee Meepian / Shutterstock.com Investors can probably expect more of the same as analysts revalue the company’s
Digital World Acquisition Corp. (NASDAQ:DWAC) stock a special purpose acquisition company (SPAC ) that announced a merger with former President Trump’s media firm Trump Media & Technology Group (TMTG). It has soared from nearly $10 in Oct. 2021 to $83.73 as of the close of Feb. 18, 2022. Source: rafapress / Shutterstock If you think
Franklin Templeton (NYSE: BEN) is one of the best-known investment firms, offering investors a wide range of investment opportunities, including hundreds of mutual funds, to help manage their wealth. Franklin Templeton mutual funds boast highly experienced management teams, disciplined investment approaches, and high marks from funds rating agencies. Key Takeaways Established more than 70 years
A SpaceX Falcon 9 rocket and Dragon spacecraft ahead of the Inspiration4 mission in Merritt Island, Florida, U.S., on Wednesday, Sept. 15, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Elon Musk’s SpaceX is splitting the value of its common stock 10-for-1, CNBC has learned, with the company’s valuation having soared to more than
When billionaire George Soros bought a stake in Rivian (NASDAQ:RIVN), it may have marked an end to the downtrend. RIVN stock peaked at nearly $180 within days after its initial public offering. The stock poetically took a 180-degree turn to the downside next. Markets corrected for the electric vehicle bubble quickly amid stock market volatility.
Up until now, stocks have relentlessly been “climbing a wall of worry.” But down days continue to follow down, with little upside relief. That’s when it’s good to have some quality dividend stocks in your portfolio. Companies that offer decent dividends are investor friendly. They see offering a dividend as a way to reward shareholders
Traders working on the floor of the NYSE, Feb. 16, 2022. Source: NYSE The stock market faces another turbulent week, as investors watch the situation in Ukraine and continue to adjust portfolios ahead of the Federal Reserve’s interest rate hikes. Stocks were rocked in both directions in the past week, with the Dow Jones Industrial
Should you be investing in any of these three companies in 2016? Alibaba: http://www.zacks.com/stock/quote/BABA?cid=CS-YOUTUBE-FT-VID AT&T: http://www.zacks.com/stock/quote/T?cid=CS-YOUTUBE-FT-VID JC Penney: http://www.zacks.com/stock/quote/JCP?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
The driving force behind Gamestop’s (NYSE:GME) initial community-driven surge has been down to an overly liquid market and analysts’ event-driven predictions. Moving forward, though, investors will want to understand why the influencing variables of GME stock will be subject to change. Source: rblfmr / Shutterstock.com At this stage, I’d imagine that readers aren’t entirely sure
IonQ, Inc. (NYSE:IONQ) is a technology company that develops general-purpose quantum computing systems. Its website claims that “quantum computing has the potential to change the world.” Investors seem to be confused about this bold statement as they have witnessed a three-month return of nearly -51% for IONQ stock. However, IONQ stock also has a one-month
A Blue Origin New Shepard rocket lifts off with a crew of six, including Laura Shepard Churchley, the daughter of the first American in space Alan Shepard, for whom the spacecraft is named, from Launch Site One in west Texas, U.S. December 11, 2021. Joe Skipper | Reuters WASHINGTON – Jeff Bezos’ space company Blue