It was a choppy day on Thursday as we approach mid-August near the highs. With that in mind, though, let’s look at a few top stock trades to end the week with. Top Stock Trades for Tomorrow No. 1: Fastly (FSLY) Fastly (NYSE:FSLY) became the growth darling from the first half of 2020. However, it
Month: August 2020
Apple and Tesla have both announced stock splits recently and CNBC’s Jim Cramer on Wednesday revealed 10 stocks of companies that he would like to see follow suit to reduce high trading prices. The stock split, in which a company increases substantially its number of outstanding shares while preserving its market value, will attract and give
Check out the companies making headlines before the bell: Tapestry (TPR) – The company behind the Coach and Kate Spade luxury brands reported an adjusted quarterly loss of 25 cents per share, smaller than the 57-cent loss anticipated by analysts. Revenue was also well above estimates, with e-commerce sales providing a boost even as the
Investors who are not too risk-averse and looking to bet on electric trucks should buy a small amount of Ayro (NASDAQ:AYRO) stock. Source: Alexandru Nika / Shutterstock.com That’s because the electric-truck maker has found a niche in which it can be successful, and it has already recruited a great partner. And importantly, at this point,
The market has appeared to internalize the idea that a vaccine for the novel coronavirus is probably going to be ready within a few months. Not coincidentally, the shares of many speculative “coronavirus stocks” tumbled. In the latter group was vaccine maker iBio (NYSE:IBIO), as IBIO stock fell 34% in the last week. Source: Shutterstock
The market expected a 40 bcf injection into inventories Natural gas backs off Fourteen weeks to go until the withdrawal season and stocks remain high After reaching a high of $2.284 on August 6, September natural gas futures were trading between the $2.085 level, and the recent peak as the energy commodity has been consolidating
In our live stream Swing Trading. Today we discuss if it is time to sell Tesla stock given the $TSLA stock split. We will do some Technical Analysis to determine resistance levels on the stock charts. ✅Get Notified 15 Minutes To US Going Live Via Eamil (No Spam Pledge) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Bob’s 5 Most Powerful Video
Cisco logo exhibited during the Mobile World Congress, on February 28, 2019 in Barcelona, Spain. NurPhoto | Getty Images Check out the companies making headlines after the bell: Cisco Systems — Cisco shares fell more than 6% in after-hours trading despite reporting fiscal fourth-quarter profit and revenues that topped analysts’ expectations. The results, though better than
There’s a lot to like these days about Plug Power (NASDAQ:PLUG) stock. The hydrogen fuel cell company’s stock is up 250% on a year-to-date basis, reaching levels not seen since 2009. Source: Halfpoint/ShutterStock.com Plug Power is coming off a strong second-quarter earnings report in which it recorded beats on both revenue and earnings per share.
Aside from the vague notion that big banks are too big to fail, it’s increasingly difficult to justify Wells Fargo (NYSE:WFC) based purely on the fundamentals. Note that I said increasingly. I concede that Wells Fargo stock could jump higher once we get over this crisis. But the novel coronavirus pandemic has two components, and
After a painful finish on Tuesday, equities bounced back hard on Wednesday. And with that in mind, let’s look at a few top stock trades for Thursday. Top Stock Trades for Tomorrow No. 1: Home Depot (HD) Shares of Home Depot (NYSE:HD) continue to chug higher. The stock hit new all-time highs on Wednesday, and
Nima Ghamsari, co-founder and chief executive officer of Blend, speaks during the Sooner Than You Think conference in Brooklyn, New York, Oct. 16, 2018. Alex Flynn | Bloomberg | Getty Images Digital lending start-up Blend raised $75 million in fresh funding amid surging demand for streamlined mortgage applications during the coronavirus pandemic. The move values the
Spacex founder Elon Musk celebrates after the successful launch of the SpaceX Falcon 9 rocket with the Crew Dragon spacecraft at the Kennedy Space Center on May 30, 2020 in Cape Canaveral, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Tesla — Shares of the electric carmaker jumped more
Canopy Growth (NYSE:CGC) has been full of misdirection as of late. CGC stock was giving bulls a nice pre-earnings rally before a two-dip ahead of the release. Upon popping higher on earnings, the stock is once again moving lower. What gives? Source: Shutterstock Putting our finger on this one has been tough, as the cannabis
I have a Mount Rushmore of failure for the last decade’s business leaders. It includes Virginia Rometty of IBM (NYSE:IBM), Brian Krzanich of Intel (NASDAQ:INTC), Jeff Immelt of General Electric (NYSE:GE) and Randall Stephenson of AT&T (NYSE:T). And today we’re going to talk specifically about AT&T stock. Source: Roman Tiraspolsky / Shutterstock.com Their failures all
Here at InvestorPlace, we tend to write about subjects and companies that our readers have expressed interest in. That’s why I’m writing about Chesapeake Energy (OTCMKTS:CHKAQ) today. I’m the fifth InvestorPlace contributor to write about Chesapeake Energy stock in the past two weeks alone. Source: Casimiro PT / Shutterstock.com I don’t think there’s any question
In our live stream Swing Trading. Today we discuss if it is time to sell Tesla stock given the $TSLA stock split. We will do some Technical Analysis to determine resistance levels on the stock charts. ✅Get Notified 15 Minutes To US Going Live Via Eamil (No Spam Pledge) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Bob’s 5 Most Powerful Video
CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters Check out the companies making headlines after the bell: Tesla — The electric automaker jumped 7% in after hours trading after announcing a five-for-one stock split. Trading will begin on
For many investors, over-the-counter equities, or OTC stocks, imply a high degree of speculation. Yes, there are plenty of micro- and small-cap names among OTC stocks. But this isn’t an indictment. Nor is the OTC label. In fact, all over-the-counter really means is the methodology by which a stock trades. OTC stocks don’t transact on
Chinese micro-blogging social-media site Weibo (NASDAQ:WB) is often referred to as that nation’s version of Twitter (NYSE:TWTR). Yet, holders of WB stock shouldn’t be thinking of Twitter right now. They should be weighing TikTok’s troubles – and wondering if Weibo might get caught in the crossfire. Source: testing / Shutterstock.com For many years, I’ve issued a
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