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Take a look at some of the biggest movers in the premarket: Ford (F), General Motors (GM) – UBS downgraded both automakers, cutting Ford to “sell” from “neutral” and downgrading GM to “neutral” from “buy.” UBS said the auto industry is rapidly moving toward vehicle oversupply following three years of unprecedented pricing power. Ford slid
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I’ll be the first to acknowledge that there’s some cache to being a Dow stock. But that doesn’t mean investors should be obligated to buy. When the market turns, sometimes those names become Dow stocks to sell – and that’s where we are today. Of course, it first pays to know exactly what a Dow
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Meridian Wealth Advisors LLC trimmed its position in shares of Verizon Communications Inc. (NYSE:VZ – Get Rating) by 11.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,122 shares of the cell phone carrier’s stock after selling 3,067 shares during the
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With the global markets seeming poised to suffer a significant downturn, investors should prepare for this possibility by targeting cheap value stocks to buy. According to Investopedia.com, value-based investments refer to securities that trade at a price lower than the fundamentals imply. Such factors include dividends, earnings, or sales. Cheap value stocks contrast sharply with growth-centric names.
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The 2022 stock market downturn has created the opportunity to enter long-term positions in various stocks at bargain prices. After looking at the best cheap micro-cap and mid-cap stocks out there, let’s turn our attention to cheap blue-chip stocks. Typically, blue chips or shares in venerable, well-established companies aren’t cheap. That’s not to say they are usually overvalued or
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[Editor’s note: “The Battery Maker Set to Soar 10X-Plus by 2030” was previously published in February 2022. It has since been updated to include the most relevant information available.] When it comes to stocks with enormous long-term upside potential, few look more compelling than QuantumScape (QS). As the leading solid-state battery maker, QS is developing
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The miserable year for tech stocks just won’t end, so nobody could really blame you if you started looking for tech stocks to sell. While tech seemed to have a resurgence in August and gave growth investors some hope in an utterly miserable year on the market, the sector is once again on the downturn.
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