If GameStop (NYSE:GME) were an ordinary company, its second-quarter results released on Thursday should have been a triumph. Net sales of $1.16 billion represented a 2.5% increase from the previous year, and net losses were cut to a mere $2.8 million — a rounding error for a company that lost $50.5 million the quarter before.
Here we go again. Crude oil prices are once again marching higher after Saudi Arabia and Russia extended their voluntary production cuts to the end of this year. Brent crude oil, the international standard, is now trading above $90 a barrel. That’s up nearly 30% from this spring when crude prices were struggling to stay
One of the many ways that the global economy and investing changed during the pandemic was a greater appreciation for the supply chain. People who never considered how a retailer got their goods from the other side of the world had a greater awareness of shipping companies and shipping stocks to buy. While Covid-19 will
In this article FSLR DOCU PL KR Follow your favorite stocksCREATE FREE ACCOUNT Traders work as screens display the trading information for Kroger Co and Albertsons Cos Inc. on the floor of the New York Stock Exchange (NYSE) in New York City, October 14, 2022. Brendan McDermid | Reuters Check out the companies making headlines
With inflation taking center stage once again, it’s becoming clear that consumers are prioritizing wants and needs. One of those “non-discretionary” expenses is healthcare, which makes it a good time to look for healthcare stocks to buy. But this is more than a short-term story. According to the Population Reference Bureau, the number of
The stock market continues to roar ahead in 2023. The S&P 500 is up 17% year to date and sits only 6% below making a new all-time high. That is one of the prerequisites for an official declaration of a bull market. It has also led to emergence of stocks the smart money is selling.
The global buzz around medical cannabis stocks just got a whole lot louder. The corridors of the U.S. health sector are abuzz with the federal Health and Human Services Department urging the government to re-evaluate its hard stance on marijuana effectively. They’re recommending a shift of marijuana from the stringent “Schedule I” category – a
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 health. Using this metric, you can quickly find potential opportunities to explore. Broken down into three “zones” (green, yellow, and red), you’ll have a general
In this article KR PL DOCU ADBE FSLR SNOW GILD Follow your favorite stocksCREATE FREE ACCOUNT The DocuSign website on a laptop in Dobbs Ferry, New York, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making headlines in premarket trading. Kroger — The supermarket chain fell 2.8% following a
Summer is unofficially over, but what a difference a year makes. The S&P 500 lost 19% in 2022 yet has rallied 17% higher since the end of July. And if you look at how far the popular index has come from its lows, up 26%, that constitutes a bull market run to many. But it also means
One of the more impressive winners in this year’s AI-driven rally has been Palantir Technologies (NYSE:PLTR). Palantir stock has surged nearly 140% since the beginning of the year on the back of impressive earnings and even more impressive expectations upgrades. Of course, most investors know that the launch of ChatGPT in November 2022 sparked a rise in
Unlike some other artificial intelligence stocks that have zoomed higher in 2023, there’s far more substance than hype with Nvidia’s (NASDAQ:NVDA) AI catalyst. In turn, there’s been some justification for the triple-digit run-up in the price of NVDA stock this year. However, the keyword here is “some justification,” Why? This stock’s more than threefold increase
While the phrase “disruptor” may not be as widely used as it was during the height of pandemic-era boom in tech stocks, admittedly it’s still used way too often. However, this remains an apt descriptor for SoFi Technologies (NASDAQ:SOFI), no matter your view on SOFI stock. Moreover, if you currently have a bearish view on
Telecom investors sometimes look for high dividend yields. However, dividends aren’t much of a consolation prize if the stock price declines. This could happen with Verizon Communications (NYSE:VZ) stock in 2023’s second half. And frankly, Verizon’s dividend payments might not even be sustainable in the long run. We previously tried to warn people about the Verizon
Some financial traders might dream of multi-bagger returns when they invest in electric vehicle battery technology company QuantumScape (NYSE:QS). I’ve warned people about QS stock before, and I’m still pessimistic. However, taking a share position could make sense if the price is right. Even a low-confidence stock can rally sharply in certain circumstances. For example, a
It is important to have a diversified portfolio in order to minimize risk. What Is Diversification? -A variety in your pool (a mix of companies, e.g. tech, oil, industrial, pharmaceutical) -You want to have a mix of industries so that if one industry has a bad year, the rest of your investments still have the
Tech stocks to buy and hold are on every investor’s radar. Technology has been the driving force behind global growth for multiple years, leading the charge in developing solutions that continue moving the needle across many industries. Fast forward to eight months into 2023, and the technology sector is not just on the rise; it’s
Investing in companies you know and understand is the best advice I learned when I started to invest. Familiarity with due diligence made the stock-picking process faster and more manageable. And, helped me to avoid investing into stocks to sell. However, knowing the company name alone isn’t the only deciding factor to invest in stocks
When considering which cannabis stocks to buy, you may be tempted to go with Tilray Brands (NASDAQ:TLRY). Tilray is a diversified company with four main segments: Cannabis, Distribution, Wellness and Beverage alcohol. Tilray is a major player in the cultivation and distribution of cannabis, sells pharmaceutical and wellness products, and has a growing presence in the
While the US stock market is going through uncertainties, investors need to navigate the turbulent waters of the stock market with caution. As economic tides flow high, even the mightiest giants can find themselves listed as stocks to sell. This article will delve into the vulnerabilities of three prominent companies, exploring why these stocks might