The S&P 500 hit a new record high for its seventh-straight daily session, as it comes off its fifth-straight weekly gain and as it closes the books on its fifth straight monthly gain. With all of that in mind, let’s look at a few top stock trades as we enter September. Top Stock Trades for
Month: August 2020
Apple CEO Tim Cook greets customers at the grand reopening of Apple’s flagship Apple Fifth Avenue retail store on September 20, 2019 in New York City. Taylor Hill | Getty Images Shares of Apple and Tesla rose sharply on Monday, the first day after their recently announced stock splits took effect, as investors continued to
Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Check out the companies making headlines after the bell: Zoom Video — Shares of Zoom
Although the semiconductor industry is — for the most part — absolutely on fire right now, Intel (NASDAQ:INTC) stock has bucked the broader trend. Instead, Intel stock has been crushed by Wall Street on concerns that the company is permanently falling behind the innovation curve. Source: Kate Krav-Rude / Shutterstock.com Specifically, while many peers like
There is no doubt that being an income investor in today’s bull market isn’t cool. But then again, it never is. No one likes to focus on dividend stocks until the good times end. Most successful long-term investors know that solid income stocks that provide growth and dividends are always an important part of a
The onset of the novel coronavirus put enormous pressure on the U.S. stock market, but not all businesses were impacted equally. If you had to choose one company that thrived the most during the pandemic, a reasonable choice would be Zoom Video Communications (NASDAQ:ZM). At the same time, ZM stock holders easily outperformed the major market
Take a look at some of the biggest movers in the premarket: Dick’s Sporting Goods (DKS) – The sporting goods retailer earned $3.21 per share for the second quarter, well above the consensus estimate of $1.30 a share. Revenue was also well above forecasts, with comparable-store sales up 20.7% compared to a 9.9% FactSet consensus
In a market teeming with enthusiasm toward electric vehicle equities, Tesla (NASDAQ:TSLA) is still the bar against which all newcomers are measured and that’s the case with Nikola (NASDAQ:NKLA). But for risk-tolerant investors, Nikola stock offers promise though it doesn’t need to be a second coming of its aforementioned rival. Source: Stephanie L Sanchez /
Bouncing back after cratering earlier this month, should you dive into iBio (NYSEAMERICAN:IBIO)? Not so fast! Investors now may be buyyng on the headlines thanks to a potentially positive development. But make no mistake—this isn’t time to “buy the dip” on iBio stock. Source: Shutterstock Why? Sure, the company remains a contender in the race
People outside at an Urban Outfitters store in New York City. Getty Images Check out the companies making headlines in midday trading. Salesforce —Shares of the software company surged 27% following its blowout earnings. The soon-to-be Dow member reported earnings per share of $1.44, topping estimates by 77 cents, according to Refinitiv. Revenue came in at $5.15
Struggling mall apparel retailer Urban Outfitters (NASDAQ:URBN) reported surprisingly strong second quarter numbers that smashed depressed expectations. URBN stock popped on the news in late August. Source: Konmac/Shutterstock.com Comparable sales dropped just 13% in the quarter versus a 28% drop in the first quarter. Comparable sales at the Free People brand actually rose 11%. Gross
Over the last few weeks, shares of Ocugen (NASDAQ:OCGN) stock rocketed nearly 420% to a July 2020 high of about 96 cents. Then it was more than halved to 40 cents. Source: Shutterstock So is the life of a volatile penny stock. The only reason the stock popped was because its lead gene therapy drug,
Tonight Sunday Night Stock Market Live we will the news conference held by President Trump regarding the CCP virus. Bob Desmond will use stock charts and technical analysis to discuss if this current bear market will become worse or has the stock market seen a bottom? The charting platforms that will be used are TrendSpider,
DraftKings CEO and Co-Founder Jason Robins speaks during the unveiling of DraftKings headquarters March 26, 2019 in Boston, Massachusetts. Darren McCollester | Getty Images Stocks are once again at record high levels — with the S&P 500 now up over 21% on a one-year basis. That’s following Fed Chair Jerome Powell’s more-relaxed inflation targeting strategy,
Take a look at some of the biggest movers in the premarket: Tiffany (TIF) – The luxury goods retailer reported a mixed quarter, with revenue below forecasts, but earnings beating analysts’ estimates. Tiffany’s results were helped by an improvement in sales in China, and the company said global sales trends are continuing to improve during
There’s no doubt that Wall Street loves pointing out big-name tech stocks to buy. These are the darlings of Wall Street at this point. They are not only stealing all the oxygen on the financial shows and publications, but they’re also getting all the money. The S&P 500 has changed its weightings so that it
InvestorPlace’s Bret Kenwell recently wrote an article about Exxon Mobil (NYSE:XOM) stock entitled By Maintaining Its Dividend, Exxon Mobil Stock Is an Energy Name to Hold. Source: Michael Gordon / Shutterstock.com Bret makes excellent points about why an investor might want to bite into its juicy dividend yield. Now, to be clear, Bret likes to
A man wearing a protective mask sits on top of the Charging Bull sculpture near Wall St. amid the coronavirus pandemic on April 19, 2020 in New York City, United States. Alexi Rosenfeld | Getty Images Company: Evolent Health Inc. (EVH) Business: Evolent is a health-care delivery and payment company. It supports health systems and
Take a look at some of the biggest movers in the premarket: Coca-Cola (KO) – The beverage giant announced a reorganization which will see the current 17-unit business structure changed to nine business units. The realignment will result in an undetermined number of both involuntary and voluntary job cuts, with Coca-Cola planning to offer voluntary
Thanks to progress in the race to develop an effective novel coronavirus vaccine, Novavax (NASDAQ:NVAX) assumed a higher profile in the competitive pharma world. That’s also true for volatile NVAX stock. Source: Ascannio/Shutterstock.com The Maryland-based vaccine development company has two Covid-19 vaccines undergoing trials. Its efforts are showing some promise and the market certainly took
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