The U.S. generally accepted accounting principles (GAAP) require companies to adhere to uniform reporting standards that govern accounting in the U.S. However, companies increasingly supplement their GAAP reporting with pro forma financial statements. Management argues that GAAP statements do not provide a true picture of the company’s operations, and it adjusts GAAP statements to provide
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Paysafe (NYSE:PSFE) stock popped a bit lately due to some social momentum traders taking a liking to it. This momentum won’t last. PSFE stock will fall back down. When it does, buy the dip, because this is actually a pretty solid company with good upside potential. Source: Sulastri Sulastri / Shutterstock.com Paysafe is a digital payments
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Virgin Galactic (NYSE:SPCE) stock blasted off on Friday on news that the company announced it had landed Federal Aviation Administration (FAA) approval for full commercial space operations. Basically, Virgin Galactic can now fly paying customers into space, which is bullish for SPCE stock holders. Source: Tun Pichitanon / Shutterstock.com This further bolsters SPCE stock’s current out-of-this-world
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As we head into July, it’s time to think about what stocks will perform well in the second half of 2021. The last six months have been dominated by energy stocks, financial stocks, and real estate stocks with a lot of back and forth between growth and value. Going forward, many sectors and industries could
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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: http://www.amazon.com/gp/product/1939370159/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=1939370159&linkCode=as2&tag=pypull-20&linkId=XRE5CA2QJ3I2OWSW
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For a truly exciting biotechnology investment, you might want to consider Bionano Genomics (NASDAQ:BNGO). You’ll find that BNGO stock is a fast mover; it’s been much higher, but also much lower. Source: Shutterstock Therefore, it’s not appropriate for large position sizes. In general, I tend to want to “stay small” with volatile, low-priced biotech stocks. That
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Shares of Canadian oil and gas producer Vermilion Energy (NYSE:VET) stock have grown sluggishly this year, despite the impressive recovery in the broader sector. Source: Shutterstock Although the company boasts strong cash flow generation and diversified production, Vermilion lagged behind its competitors in generating returns for its stockholders. Therefore, VET stock is one of the
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Virgin Galactic SpaceShipTwo spacecraft Unity during a glide flight test in New Mexico. Virgin Galactic Virgin Galactic — Virgin shares soared more than 36% after it announced the Federal Aviation Administration has given it the green light to fly paying customers into space. It’s the first such license approved by the FAA. The company has
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Coupang (NYSE:CPNG), a leading South Korean e-commerce company, has developed attractive new services and  has decided to expand to multiple, new geographic markets. As a result,  I expect CPNG stock to meaningfully outperform the market over the longer term. Source: Ki young / Shutterstock.com What’s more, Coupang’s decision to enter the third-party logistics market should
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