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When there’s a major news item concerning e-commerce giant Amazon (NASDAQ:AMZN), financial traders pay attention. Something is happening that will make AMZN stock more accessible to investors with small accounts, and that’s bullish for the stock. Yet, well-rounded investors shouldn’t only obsess over one event, even if it involves a gigantic company like Amazon. As
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Wall Street analysts expect Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX – Get Rating) to report $38.82 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for Enthusiast Gaming’s earnings, with estimates ranging from $37.88 million to $39.76 million. Enthusiast Gaming posted sales of $30.17 million during the same
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FAANG stocks like Apple (NASDAQ:AAPL) have had a tough time so far this year. A rising interest rate environment has put pressure on them. In the case of some FAANG stocks, they’ve been “de-fanged” due to earnings misses. Yet in the case of AAPL stock, while it’s been affected by market conditions, I wouldn’t say
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Despite coming down nearly 35% this year, Ford (NYSE:F) stock remains a safe long-term investment. The decline in F stock this year follows a monster rally in 2021 that saw the Detroit automaker’s share price gain a staggering 136% during the calendar year as the company made strides in its shift to producing electric vehicles.
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The stock market is now highly volatile and investors still fear that the Federal Reserve rate hikes could result in a recession. However, even in the best-case scenario, some stocks remain overvalued. These overvalued stocks will likely face a sharp decline during a market crash. Multiple stocks have already gone through a correction. However, there
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