Month: August 2023

Workers replace a roller that compresses steel at the A&T Stainless steel plant in Midland, Pennsylvania, March 2, 2020. Michael Rayne Swensen | Bloomberg via Getty Images Check out the companies making headlines in premarket trading. U.S. Steel — Shares of the steel producer surged more than 26% premarket after it rejected a $7.3 billion buyout
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Earlier this year, I called out three stocks as potential short-squeeze opportunities. Among these picks, Carvana (NYSE:CVNA) and Upstart (NASDAQ:UPST) have delivered multi-bagger gains since. The third stock, Luminar Technologies (NASDAQ:LAZR), hasn’t been as impressive. However, it’s still up 7% since that piece. Will I be able to repeat these gains? It’s getting increasingly difficult to
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Chimerix (NASDAQ:CMRX), like most clinical-stage biotech stocks, is without question a high-risk play. Yet in contrast to other biotechs, where high potential rewards can outweigh this high risk, that is not necessarily the case here with CMRX stock. Sure, on paper, Chimerix’s future prospects appear very promising. Last year, the company sold a treatment that
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Sigma Planning Corp cut its holdings in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 0.5% in the first quarter, HoldingsChannel reports. The institutional investor owned 137,321 shares of the information services provider’s stock after selling 689 shares during the quarter. Sigma Planning Corp’s holdings in Alphabet were worth $14,244,000 as of its most recent SEC
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We explain how TJUL works and whether investors should use it. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
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Second quarter earnings were a lot better than the first quarter. Inflation is beginning to show signs of cooling. And with the economy showing signs of improvement, companies are reporting stronger financials. Also, while there are a few growth stocks worth adding to your portfolio, which we’ll take a look at. Others should be tossed, some
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Datadog (NASDAQ:DDOG – Free Report) had its price target trimmed by Mizuho from $112.00 to $98.00 in a research note published on Wednesday, FlyOnTheWall reports. Other analysts have also issued research reports about the company. Wells Fargo & Company cut their price target on Datadog from $130.00 to $120.00 in a report on Wednesday. Piper
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The dip buyers were disappointed after the release of the better-than-expected CPI report on Thursday. The S&P 500 opened almost 20 points higher to open at 4487.16 after Wednesday’s close at 4467.71. The buyers flooded in as the S&P reached the monthly pivot at 4527 at 10 AM ET before the buyers disappeared. Just after
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For investors seeking passive income and a comfortable retirement, strategic planning and these must-have dividend stocks are key. While passive income provides portfolio support, wise investors should avoid overpaying. Cheap dividend stocks offer surprising deals, especially in the post-pandemic context. Despite AI’s popularity, considering targeting affordable high-dividend stocks may be a smarter investment decision. Not
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As much as I love good dividend stocks, I have very little patience for F-rated dividend stocks that do nothing but drag your portfolio down. As an investor, you deserve better! A great dividend stock can make all the difference in your portfolio. By reinvesting dividends, growth investors can increase their positions and investing power
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Mirae Asset Global Investments Co. Ltd. grew its holdings in Broadridge Financial Solutions, Inc. (NYSE:BR – Free Report) by 9.2% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,635 shares of the business services provider’s stock after buying an additional 1,401 shares during the
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There are many reasons to own timber ETFs in addition to rising lumber prices (CUT, WOOD). Guggenheim Timber ETF: https://www.zacks.com/funds/etf/CUT/profile?cid=CS-YOUTUBE-FT-VID IShares S&P Global Timber & Forestry Index Fund: https://www.zacks.com/funds/etf/WOOD/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
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The race to dominate the digital frontier is escalating, with the top metaverse stocks taking the lead. With advancing technology, the metaverse concept is gaining more solidity, attracting investors keen to identify the frontrunners. These companies are pioneers in the realms of virtual and augmented reality, crafting immersive digital worlds. In the second phase of
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