Narratives are vitally important in the stock market. In the case of AT&T (NYSE:T) stock, it isn’t particularly positive. Source: Roman Tiraspolsky / Shutterstock.com That’s because AT&T has undergone a very long period of stagnation. Despite multiple attempts to revitalize its business and increase share prices, not much has changed. A decade ago, T stock
In recent days, Ocugen (NASDAQ:OCGN) has been a source of windfall profits for both fast-money retail traders and the stock’s deeply entrenched bear camp. But for less fleet-footed investors, it’s likely time to move on from OCGN stock. Let me explain. Source: shutterstock.com/PhotobyTawat Reddit’s excessive influence on a subset of companies’ shares has been a
Shares of all-electric pickup truck maker Rivian Automotive (NASDAQ:RIVN) continue to soar on the heels of a spectacular first week. After pricing at $78, RIVN stock now trades at $172 per share — a spectacular 120% gain. Sporting a $152 billion market capitalization, Rivian is the biggest initial public offering (IPO) of the year. It’s also
Employers generally provide term life insurance coverage for their employees, and the amount of coverage is typically some multiple of the employee’s annual salary. However, sometimes the amount of coverage that a company offers is insufficient, particularly if the employee has a large family or big financial liabilities. In those situations, supplemental life insurance can
In this article WMT CNBC’s Jim Cramer said Tuesday that Walmart shares should not be lower — characterizing the move as a Wall Street problem and not an indication of anything wrong with the retail giant’s quarterly results. Shares of Walmart opened down more than 1% and slid further on the notion that the company
Take a look at some of the biggest movers in the premarket: Rackspace Technology (RXT) – Rackspace beat estimates by a penny a share, with quarterly earnings of 25 cents per share. The cloud computing company’s revenue also topped Wall Street forecasts. It was Rackspace’s eighth consecutive quarter of revenue growth, and the company said
After a nice rally in early summer, Roku (NASDAQ:ROKU) stock fell apart midway. Since its August highs, ROKU lost 45% of its value. Moreover, technically there’s potentially more downside from here. But, today my message is positive overall. This is a stock to own for the long term. Source: JHVEPhoto / Shutterstock.com Meanwhile, investors should
Before the COVID-19 pandemic, Merck (NYSE:MRK) stock was a good one to own. The performance of Merck stock matched that of the S&P 500, and it paid a steadily rising dividend. Source: Atmosphere1 / Shutterstock.com Since then, the obsession with growth and vaccines has told a different story. Over the last two years the average
Skillz (NYSE:SKLZ) stock didn’t take much of a licking after it released unimpressive third-quarter results on Nov. 3. Source: NYCStock / Shutterstock.com The major news coming out of the earnings report was how much the online gaming company is spending on marketing expenses, 112% of revenue to be precise. Naturally, the earnings report is not why
The chase continues for the two important contingents propping up Ocugen (NASDAQ:OCGN) stock at present. Source: shutterstock.com/PhotobyTawat On the one hand, there’s those who hope Ocugen can finally break through and receive approval to market its Covaxin vaccine. But that hope has followed the company for a long time and provided plenty of disappointment. Nevertheless,
Pedestrians carry Macy’s shopping bags in San Francisco, California, U.S., on Thursday, Sept. 16, 2021. David Paul Morris | Bloomberg | Getty Images Economists predict a boom in October’s retail sales, aided by rising gasoline prices and early holiday shopping. Retail sales are expected to rise 1.5%, up from September’s 0.7% gain, according to economists
There’s a pretty good chance that you haven’t spent much of your time thinking about functional materials. As an enterprising investor, however, you could discover serious profit potential with Meta Materials (NASDAQ:MMAT), as MMAT stock offers pure-play exposure to this high-conviction market. Source: Yuriy Golub / Shutterstock.com To put it simply, meta materials are a
GameStop (NYSE:GME) stock is pulling back after its recent surge. But by-and-large, not much has changed for it. As with AMC Entertainment (NYSE:AMC), a core base of retail traders (“Apes,” as they sometimes call themselves) continue to hold onto their GME stock. Source: Shutterstock / mundissima To keep these investors happy and to remain in
Shares of online mobile multiplayer video game competition platform Skillz (NYSE:SKLZ) stock are finally recovering, gaining 54% in the last month. After an excellent debut, the stock struggled and lost a lot of steam. But if it pulls back a little more, this looks like an excellent video game stock for your portfolio Source: NYCStock
With drought conditions spreading across the country over the past few years, wildfires have become an increasing concern to many homeowners. Based on a 2019 Corelogic report, 775,654 residential homes were at risk for wildfire damage across 13 western states. In 2020 the number increased to 4.5 million homes. And more than 17,700 homes were
Take a look at some of the biggest movers in the premarket: Oatly (OTLY) – The oat milk producer lost 7 cents per share for its latest quarter, smaller than the 10 cents a share loss anticipated by analysts. Revenue came in below forecasts, however, and its shares tumbled 14.1% in premarket action. Oatly said
Here’s another special purpose acquisition company (SPAC) stock, but this one is quite different from the others. It’s called SilverBox Engaged Merger (NASDAQ:SBEA), and it might provide an early-stage opportunity for investors. Source: Evgeny Karandaev/ShutterStock.com Nov. 2 was an important day for SilverBox Engaged Merger. That’s when the company announced that it was merging with Black
The worst curse you can lay on any stock today is to call it “value.” Source: Twin Design / Shutterstock.com Value, especially as it pertains to sharing earnings with investors in the form of dividends, has become pure foolishness, particularly in the tech industry. If they’re handing out cash, investors suspect, management must not have
Barron’s reported on Nov. 8 that the New York State Teachers’ Retirement System sold 13,601 shares of GameStop (NYSE:GME) stock in the third quarter Source: quietbits / Shutterstock.com Fear not, meme-stock lovers. The pension fund still owns 61,150 shares of GME stock. According to WhaleWisdom.com, GameStop is the pension fund’s 532nd-largest holding, so it’s clearly
After a huge surge earlier this year, AMC Entertainment (NYSE:AMC) has settled into a bit of a trading range. AMC stock will periodically rally toward $50 or fall toward $30, but it ends up stabilizing in the middle of that territory. Source: rblfmr/Shutterstock.com Earlier this month, AMC was moving higher once again. However, the company then