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An eventful year for the Chinese stock market is slowly closing. Although many investors believed things could be headed in the right direction after a tough 2021, most stand bitterly disappointed. That said, value investors may well be undeterred by this year’s performance, looking for Chinese stock picks for 2023. Chinese stocks are among the best
Take a look at some of the biggest movers in the premarket: Herbalife Nutrition (HLF) – Herbalife tumbled 9.8% in premarket trading after the nutrition and health products company announced a $250 million convertible note offering. Herbalife plans to use the proceeds to repurchase existing debt and for general corporate purposes. GitLab (GTLB) – GitLab
SoFi Technologies (NASDAQ:SOFI) stock continues to flounder due to recent developments. SOFI stock moved back to penny stock levels after the Biden Administration’s latest extension of the student loan moratorium further delayed a rebound for its now-dormant legacy student loan refinancing business. That’s not all. The fintech firm may be facing headwinds related to another
Millionaire investors searching for income stocks to buy have a different problem than the rest of the market players. They need to balance their portfolio’s preservation of capital against generating income on capital. 2022 is an exceptional year for meeting both requirements. Bonds and stocks both fell this year. Since all of the picks have a
Among market participants, there are optimists and pessimists. The former are often eternal bulls while the latter often paint doomsday scenarios on any macroeconomic event. However, it’s usually best to take the middle path and be a realist. If I look at the current markets, a realistic assessment will be that uncertainties will prevail in
Looking ahead a year is always difficult. Predictions made now are unlikely to accurately reflect the situation 12 months from now. That is even more true in today’s highly volatile markets. That said, Blackrock’s (NYSE:BLK) chief investment officer for U.S. equities, Tony DeSpirito, is bullish on the energy sector. He believes that, because the sector’s
[Editor’s note: “Cannabis Stocks Are Gaining, but We’re Still Bearish” was previously published in October 2022. It has since been updated to include the most relevant information available.] Back in October, U.S. President Joe Biden announced sweeping measures that many believe clears the path toward national marijuana legalization. Following that announcement, the ETFMG Alternative Harvest
Usually, most financial advisors will direct their clients to consider the bigger picture. However, because of the unique circumstances of the post-pandemic new normal, investors may want to consider the best short-term stocks to buy. Primarily, the twists and turns of the equities sector makes this market unreliable and unpredictable. In addition, recent fundamentals seemingly support