Month: January 2022

Amid signs that investors’ faith in Big Tech stocks has been renewed and after Microsoft (NASDAQ:MSFT) stock reported strong fourth-quarter results, MSFT stock is a buy. Source: Asif Islam / Shutterstock.com Additionally, the tech giant is likely to continue benefiting from the strong growth of its cloud unit and the work-from-home trend, while it should
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Apis Capital Advisors LLC boosted its stake in Opiant Pharmaceuticals, Inc. (NASDAQ:OPNT) by 21.4% during the third quarter, Holdings Channel.com reports. The fund owned 102,000 shares of the technology company’s stock after purchasing an additional 18,000 shares during the quarter. Opiant Pharmaceuticals comprises 2.5% of Apis Capital Advisors LLC’s investment portfolio, making the stock its
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AT&T’s (NYSE:T) latest quarterly results did not inspire confidence. Shares of the world’s biggest telecommunications company fell 10% following the latest financial results that showed a further decline in the company’s wireless business. T stock opened at $24.06 on Jan. 27. Source: Jonathan Weiss/Shutterstock That AT&T’s streaming platform, HBO Max, performed better than expected in
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CNBC’s Jim Cramer on Thursday cautioned investors against rushing to empty or beef up their portfolios based on movements outside of normal U.S. trading hours. “Don’t pay attention to what the futures [are] doing. Pay attention to what you like,” Cramer said on “Squawk Box,” before stocks opened higher Thursday. “We have a lot of
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U.S. Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, 2022. Graeme Jennings | Reuters The Federal Reserve is expected to signal at its meeting this week that it is ready to raise interest rates as
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Opendoor Technologies (NASDAQ:OPEN) stock is not in a good place, which is a little hard to understand. Source: PREMIO STOCK/Shutterstock.com The company is tied to a win-win platform with the iBuyer business model, the mechanism that enables it to buy homes quickly for subsequent flipping. It was essentially real estate agent-free. The iBuyer model undergirding OPEN
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Wasatch Advisors Inc. boosted its position in shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA) by 13.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 4,638,371 shares of the company’s stock after purchasing an additional 541,511 shares during the quarter. Wasatch Advisors Inc.’s holdings in Duckhorn Portfolio
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As I write this, Groundhog’s Day isn’t for another week or so. However, the Federal Reserve certainly seemed to signal that it was business as usual. Bullish investors got about the most dovish statement they could have asked for. This means stocks are likely to head back up. So why write about mutual funds? Well
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