A “Robinhood (NASDAQ:HOOD) stock” is one with bad fundamentals small investors buy anyway to squeeze shorts and “get the man.” It’s practically a synonym for a trade made by dumb money. Robinhood is also a Robinhood stock. Since its first day’s close of $35.15 on July 5, 2021, shares are down 73%. In 2023 they’re
Month: November 2023
Morgan Stanley upgraded shares of Danone (OTCMKTS:DANOY – Free Report) from an underweight rating to an overweight rating in a research note issued to investors on Wednesday morning, Briefing.com reports. Separately, Sanford C. Bernstein downgraded shares of Danone from a market perform rating to an underperform rating in a report on Tuesday, August 15th. Three
A shopper passes in front of a North Face store at the Easton Town Center mall in Columbus, Ohio, on Jan. 7, 2021. Luke Sharrett | Bloomberg | Getty Images Company: VF Corporation (VFC) Business: VF Corp. is a consolidator of consumer footwear and apparel brands. It engages in the design, procurement, marketing and distribution
Every investor is a phenomenal stock picker with hindsight. If investors could go back five years and buy stocks with today’s hindsight, they would pick companies like Tesla (NASDAQ:TSLA) and Nvidia (NASDAQ:NVDA). Those two stocks grabbed many headlines and generated substantial returns for shareholders. Some investors like to allocate a portion of their portfolios toward stocks they believe can
The flying car market is one of the most hyped, anticipated sectors in the transportation industry. However, investors should be wary of the high risks and uncertainties involved in this nascent and unproven field. True, some analysts predict flying cars will revolutionize urban mobility and create a multi-billion-dollar market. For example, the electric vehicle (EV)
Bfsg LLC reduced its stake in Honeywell International Inc. (NASDAQ:HON – Free Report) by 5.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,847 shares of the conglomerate’s stock after selling 215 shares during the quarter. Bfsg LLC’s holdings in
Real estate investment trusts (REITs) are among the core options for income-based investing. I would go as far as arguing that REITs don’t even have to be located in tax-efficient accounts, as their dividend yields are so substantial that taxes don’t erode their compounding potential. Moreover, some REITs are positioned for solid capital gains after
The cryptocurrency market witnessed 37% year-to-date growth in 2023. However, the bullish market can mask the weakness of some assets. Investors should consider shedding unwanted cryptocurrencies as we approach 2024. Better yet, they should take note of which cryptos to avoid in the coming year. All the cryptocurrencies mentioned in this article, in my view,
StockNews.com initiated coverage on shares of Provident Financial (NASDAQ:PROV – Free Report) in a research note released on Tuesday. The brokerage issued a hold rating on the financial services provider’s stock. Separately, TheStreet lowered shares of Provident Financial from a b- rating to a c+ rating in a research report on Monday, October 23rd. Check
The recent decision by the Federal Reserve to maintain steady interest rates highlights a complex situation that policymakers are grappling with. Despite the robust performance of the U.S. economy, there is uncertainty at the central bank regarding the tightness of financial conditions necessary to rein in inflation, which still exceeds its 2% target. Fed Chair
ChargePoint (NYSE:CHPT) is an exciting company in a dynamic industry. But the leading operator of electric vehicle charging networks is not a stock for anyone faint of heart to own or trade. Shares of ChargePoint have been incredibly volatile this year. Sure, it’s up more than 25% this week as investors have cheered the Federal
Garmin (NYSE:GRMN – Get Free Report) released its earnings results on Wednesday. The scientific and technical instruments company reported $1.41 EPS for the quarter, topping analysts’ consensus estimates of $1.29 by $0.12, Briefing.com reports. The company had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Garmin had a net
The current five trillion-dollar companies listed on U.S. stock exchanges include Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), and Nvidia (NASD AQ:NVDA). These five and two others, Meta Platforms (NASDAQ:META) and Tesla (NASDAQ:TSLA), make up “the Magnificent Seven”. The Globe and Mail published a story on Nov. 1 that pointed out the Magnificent
Tech firm Palantir Technologies (NASDAQ:PLTR) had a turbulent few years. On a year-to-date basis, PLTR stock has surged more than 130%. However, this stock remains more than 50% below its 2021 peak. Historical issues with overvaluation, low margins, and profitability seem to be improving with AI technology. However, this stock remains a no-go for many
StockNews.com assumed coverage on shares of BSQUARE (NASDAQ:BSQR – Free Report) in a research note released on Monday morning. The firm issued a sell rating on the software maker’s stock. BSQUARE Trading Up 0.5 % NASDAQ BSQR opened at $1.85 on Monday. The stock has a market cap of $36.70 million, a PE ratio of
It was the third negative month in a row for the market averages and the SPDR Sector ETFs also had a rough week. Only the Utilities Sector (XLU XLU ) had a meaningful gain of 1.3%. The Technology Sector (XLK XLK ) was up 0.05% but the other nine sectors were lower. Leading on the
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There seems to be good news for the markets with the likelihood of rate cuts in 2024. With potential expansionary policies, the S&P 500 is likely to trend higher. Of course, challenges remain in the form of inflation and geopolitical tensions. However, I’m still optimistic and I believe that several stocks and sectors are poised
Electric vehicle (EV) battery technology company QuantumScape (NYSE:QS) does certain things well. However, making money isn’t one of those things. The company also isn’t good at providing value to its shareholders, as QS stock hasn’t been a winner lately. Frankly, investors should look elsewhere as QuantumScape has financial issues that can’t be ignored. QuantumScape rarely updates
Hodges Capital Management Inc. boosted its holdings in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 31.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 211,626 shares of the semiconductor manufacturer’s stock after purchasing an additional 50,202 shares during the quarter.