Month: October 2019

With Thanksgiving just a few weeks over the horizon, so too is the holiday shopping season. As we all know, this critical period is where retailers and consumer-related companies make their biggest fiscal impact. Therefore, it makes sense to position yourself with consumer stocks to buy before the fun starts in earnest. According to Deloitte’s
0 Comments
Back in July of this year, International Business Machines (NYSE:IBM) stock holders had pinned their hopes on the company’s acquisition of Red Hat. Granted, it was an expensive purchase at $34 billion, but this was supposed to make IBM stock a power player in the cloud-computing space. Source: JHVEPhoto / Shutterstock.com Since that time, investors
0 Comments
It took three months, but the major U.S. equity benchmarks revisited all-time highs Monday, supported by more good news on trade. Now comes the hard bard: basically every equity market breakout dating back to last year has been met with immediate selling. Source: Venturelli Luca / Shutterstock.com Things could be different this time around because
0 Comments
Investors have been pouring money into the newly launched blockchain ETFs, here is what they need to know (BLOK, BLCN, LEGR, KOIN). AMP-TFR DAT SHR: https://www.zacks.com/funds/etf/BLOK/profile?cid=CS-YOUTUBE-FT-VID REALT-NDQ NEXGN: https://www.zacks.com/funds/etf/BLCN/profile?cid=CS-YOUTUBE-FT-VID FT-INDXX INN TP: https://www.zacks.com/funds/etf/LEGR/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
0 Comments
The technology sector is hardly worried about the persistent slowdown in smartphone and computer demand. Even though these sectors are mature, the need for more storage, computing power, and connectivity among all devices will still increase. Meanwhile, the ever-increasing computing power in automobiles gives technology companies newfound growth opportunities. As automobiles add more features powered
0 Comments
Over the past year, shares of Qualcomm (NASDAQ:QCOM), the leading chipmaker, are up about 26%.  Thanks to its diversified revenue stream and the strength of its technological offering, I believe that QCOM stock belongs in a long-term growth portfolio. Source: Xixi Fu / Shutterstock.com However, there might be some short-term volatility as well as profit-taking, especially ahead
0 Comments
U.S. stock futures are trading higher this morning in a continuation of Friday’s strength. Source: Shutterstock Heading into the open, futures on the Dow Jones Industrial Average are up 0.5% and S&P 500 futures are higher by 0.42%. Nasdaq Composite futures have added 0.51%. Bulls ran the tables in the options pits on Friday, with
0 Comments