Month: July 2022

Although soaring gasoline prices represented one of the signature pain points of the year so far, the crippling inflation rate has finally seeped into the hydrocarbon energy sector’s demand profile, thus leading to unusual weakness in pricing. Nevertheless, this favorable dynamic for consumers may not last that long — thus inviting a look at oil
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The bear market in 2022 has provided opportunities to buy solid companies at a discount. Fears about a recession and rising interest rates have punished equities. Although this is painful for existing buy-and-hold shareholders, investors can take this opportunity to add to holdings or start new positions. Some investors are taking this opportunity to purchase
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Arizona State Retirement System increased its position in Fortune Brands Home & Security, Inc. (NYSE:FBHS – Get Rating) by 0.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,783 shares of the industrial products company’s stock after buying an additional 243 shares
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Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit shares rose 3.9% in premarket trading after it agreed to be acquired by JetBlue (JBLU) for $33.50 per share in cash. That follows yesterday’s rejection by shareholders of Spirit’s previous deal to merge with Frontier Airlines parent Frontier
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Private Wealth Partners LLC lessened its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL – Get Rating) by 3.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,805 shares of the information services provider’s stock after selling 897 shares during the quarter. Alphabet comprises approximately
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Take a look at some of the biggest movers in the premarket: Amazon.com (AMZN) – Amazon shares rallied 12.5% in premarket trading after it posted better-than-expected quarterly revenue and issued an upbeat outlook. Amazon logged an overall quarterly loss, owing largely to a $3.9 billion negative impact from its investment in electric vehicle maker Rivian
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The marijuana industry got hammered on the stock market last year due to regulatory hiccups. However, recent developments point to a more encouraging future. Nevertheless, the current macro-environment has played spoilsport leading to a massive sell-off in marijuana stocks. Hence, it has created an interesting buying opportunity for investors to pick up marijuana stocks to
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