Over the past month, Eli Lilly (NYSE:LLY) stock has been rangebound, trading at or around $360 per share. However, I wouldn’t assume that shares in this pharmaceutical giant will deliver underwhelming returns during 2023 after last year’s hot run. Consider the most recent headlines about this company, and its key catalyst (more below). As I’ve
Video-game software specialist Unity Software (NYSE:U) stock contends in a challenging business niche. The company is known for helping developers monetize their games. This might sound like it ought to be highly lucrative, but investors will likely uncover some problems with Unity Software’s financial data when conducting their due diligence. Unity Software is sometimes pegged as
A masked family walks past Cinderella Castle in the Magic Kingdom, at Walt Disney World in Lake Buena Vista, Fla. Orlando Sentinel | Tribune News Service | Getty Images Activist investor Nelson Peltz plans to mount a proxy fight for a seat on Disney’s board. Disney offered Peltz, founding partner of Trian Fund Management, a
I always trust the idea of buying and holding quality stocks for the long term. However, with geopolitical, macroeconomic, and technological changes, a part of the portfolio needs to be dynamic. At the same time, there are stocks to buy and hold forever. These stocks represent companies that have a strong balance sheet and robust
Dollar General: https://www.zacks.com/stock/quote/DG?cid=CS-YOUTUBE-FT-VID Dollar Tree: https://www.zacks.com/stock/quote/DLTR?cid=CS-YOUTUBE-FT-VID The dollar store corner of the retail market is one area that may actually be hurt by an improving economy. Can the space keep up the strong retail momentum this quarter though? Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
This week, shares of low-quality meme stocks jumped on renewed retail interest. Struggling chain Bed Bath & Beyond (NASDAQ:BBBY) jumped 240%, while Party City (NYSE:PRTY) would rise 90%. And having followed these stocks for the past several years at InvestorPlace, here’s one thing I’ve learned: People love making tons of money. (And preferably with little
The task of looking for the best stocks to buy for January 2023 is akin to finding a needle in a haystack. There are so many possibilities; it’s hard to pick just seven. The S&P 500 is coming off one of its worst years in history. In 2022, the index’s total return was -18.11%. Only
2022 was a horrendous year for growth stocks. In fact, many of them also struggled in 2021. So after an amazing bull run, it’s been several years of pain for growth investors. That said, the destruction has left a number of cheap growth stocks in its wake. The problem? “Cheap” is relative to the buyer,
In this article CPA JPM WEN DAL LMT SPCE Follow your favorite stocksCREATE FREE ACCOUNT A sign is posted in front of a Wendy’s restaurant on August 10, 2022 in Petaluma, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. JPMorgan – Shares of the biggest U.S. bank by
Stocks are off to a hot start in the new year. We’re only eight trading days into 2023, and yet the S&P 500 is already up about 4%. The Nasdaq is up even more, with a 5% gain year-to-date. And our core Innovation Investor portfolio is up almost 8% in that same time! A few
Source: Shutterstock Retailing is fine. Retailers are not. You can see it in malls, in strip malls, in downtowns large and small, even in mixed-use blocks. Empty space. As retail market share goes to online giants like Amazon (NASDAQ:AMZN) or offline giants like Walmart (NYSE:WMT), fewer and fewer traditional chains can compete. Already in 2023,
When it comes to Tesla (NASDAQ:TSLA) and TSLA stock, Wall Street has truly gone from one extreme to the other. Back in October 2021, the shares had a gargantuan $1.2 trillion market capitalization, and the company could do nothing wrong and basically had no meaningful challenges in the eyes of the Street. Fast forward just
2022 was brutal for electric vehicle (EV) manufacturers, and investors of Lucid Group (NASDAQ:LCID) really got slammed. This, however, opens up the possibility that LCID stock is trading at an attractive price point. It certainly adds interest and intrigue that a sovereign-wealth fund recently added nearly $1 billion to its investment in Lucid Group. That’s
In November 2021, I made an outlandish effort to pick 5 cheap stocks that could double within a month. Few companies rise 100%, and even fewer can do it in the time it takes to properly pickle a cucumber. Nevertheless, my five-stock portfolio did land winners. Shares of biotech firm Longeveron (NASDAQ:LGVN) would skyrocket 800%
Despite the losses of 2021, investors are maintaining a hopeful outlook for 2023. Chief Executive Cathie Wood of Ark Investment Management seems optimistic about her strategy of investing in risky tech businesses with her vivacious optimism and steadfast dedication to growing investor returns at a healthy pace. Moreover, she feels AI could lead to 50%
Renewable energy has become increasingly popular. Indeed, this sector is critical in tackling key issues such as climate change and energy independence. That said, while most renewable energy companies have positive catalysts and long-term prospects, their stocks are often undervalued due to unnecessary macro fears about the industry’s future. Nevertheless, this presents an incredible chance
In this article WFC JPM DAL TSLA SPCE BAC .BBKA Follow your favorite stocksCREATE FREE ACCOUNT A person enters the JPMorgan Chase headquarters in New York, June 30, 2022. Andrew Kelly | Reuters Check out the companies making the biggest moves in the premarket: JPMorgan — The bank reported fourth-quarter earnings and revenue before the
With the markets likely to stay volatile during 2023, playing defensively remains a solid strategy to ride out this tough investing environment. One way you can implement such a strategy is by increasing your exposure to dividend-paying large-cap stocks. If you’re seeking safe harbors, plus the opportunity for long-term capital growth, these types of stocks
Tilray (NASDAQ:TLRY) stock could rise or fall in 2023, based on whether American legislators make progress with pro-cannabis bills. While TLRY is a Canadian company, it sells cannabis-related products throughout North America. Thus, U.S. marijuana laws are highly relevant to Tilray and its stakeholders. So far, this looks like a steep uphill battle, and that’s bad news
The best large-cap stocks to buy and hold are always a great addition to a portfolio. These companies are some of the biggest and best-known stocks in the market. That makes finding the best large-cap stocks a worthy exercise. Of course, in this market, it can be a challenge to identify the best large-cap stocks