Earlier this year, Hertz Global (NYSE:HTZ) was one of the names that rose to infamy/notoriety as the Robinhood crowd became enamored by tumbling, low-priced stocks in the hopes of catching rallies, however brief. Source: Eric Glenn/Shutterstock.com Indeed, there were some occasions when this risky strategy paid off. There was stretch in March when HTZ stock
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Nelson Peltz speaking at the 2019 Delivering Alpha conference in New York on Sept. 19, 2019. Adam Jeffery | CNBC Company: Invesco Ltd. (IVZ) Business: Independent investment management company. Invesco provides a range of investment capabilities and outcomes, which are delivered through a set of investment vehicles, to help clients achieve their investment objectives. Its
Take a look at some of the biggest movers in the premarket: Xilinx (XLNX) – Advanced Micro Devices (AMD) is in advanced talks to buy the specialty chipmaker, according to The Wall Street Journal. People familiar with the matter say such a deal could be worth more than $30 billion, with a transaction possibly coming together
Amazon (NASDAQ:AMZN) is having its best year yet. The novel coronavirus pandemic led to an unprecedented surge in online shopping, which was a big win for the e-commerce giant. With Prime Day just around the corner, investors are hoping for some big gains in the coming weeks. AMZN stock is up 62% to date, and
After stimulus talks seemed to be off the table just a few days ago, they have been the fuel behind the latest rally. That said, let’s look at a few top stock trades for next week. Top Stock Trades for Monday No. 1: Microsoft (MSFT) This name rallied hard into the September highs, along with
Tracey Ryniec and Kevin Cook take a look at two highly ranked stocks.’ Alteryx: https://www.zacks.com/stock/quote/AYX?cid=CS-YOUTUBE-FT-VID InMode: https://www.zacks.com/stock/quote/INMD?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
For investors, there’s playing the lottery. And then there’s Sorrento Therapeutics (NASDAQ:SRNE). The unassuming biotech firm initially made headlines in May when it suggested it had a “cure” for coronavirus. SRNE stock initially spiked 140% before investors saw through the misstatement. Source: Shutterstock The company then saw its second wave of interest in August after
CNBC’s Jim Cramer on Thursday advised investors to not buy shares of Regeneron Pharmaceuticals, simply because President Donald Trump touted the company’s potential coronavirus treatment. Regeneron’s stock was higher by 2% on Thursday. In a video posted Wednesday, Trump claimed that Regeneron’s experimental antibody treatment for Covid-19, which the president received for his illness, was “a cure.”
A woman rides past the New York Stock Exchange (NYSE) on July 13, 2020 at Wall Street in New York City. Johannes Eisele | Getty Images Stock market optimism for a stimulus package has been rising, but the focus swings to earnings and that could be a positive for stocks in the week ahead. JPMorgan,
Internet of Things stocks continue to see strong growth when it comes to market size. But from my observation, neither investors nor consumers have grasped just how large this market will become. Year by year, more and more devices are linking up. That’s creating a rich web of connected devices, meaning an explosion in data,
Middle-market senior and secured lending specialist Prospect Capital (NASDAQ:PSEC) isn’t a company that generates red-hot buzz on social media. You won’t find heated conversations about PSEC stock. But that should be just fine for more risk-averse investors. Source: Shutterstock The shares are also accessible to amateur and professional traders alike. That’s because PSEC stock trades
Artificial intelligence is set to be a massive trend in the coming decades. As such, investors are looking to find companies that can profit from the trend. But for several reasons, finding quality AI stocks is harder than it might seem. First, some of the leaders in artificial intelligence are massive businesses, which means AI
CNBC’s Jim Cramer on Thursday highlighted multiple parts of the market where he sees stock prices rising and can continue to rise, whether lawmakers in Washington agree to another round of stimulus spending or not. American consumers and small businesses, grappling with double-digit unemployment and a pandemic-induced downturn, are waiting to see if lawmakers will
Some are calling it “a la carte stimulus,” with aid for airlines in Column A, PPP aid in Column B. Whatever it is, hopes for stimulus — preelection, postelection, comprehensive package, stand-alone deal, whatever and whenever — is supporting breakouts in cyclicals like industrials, materials, consumer discretionary and banks. Many big names like Caterpillar, Eaton
Check out the companies making headlines in midday trading. Zoom Video — Shares of the video conferencing company gained more than 3% after Mizuho initiated coverage on the stock with a buy rating and $550 target. “We believe Zoom can continue to deliver outsized revenue growth due to its position as a market leader, its global
We are witnessing a new age of medicine with the increasing acceptance of people’s right to what goes inside their bodies. Over the past decade, several researches have come out supporting psychedelic-inspired medicines in treating conditions including addiction, depression, and ADHD. Hence, the “shroom boom” is here and is likely to propel psychedelic stocks as
In 2020, many drug stocks have behaved like pot stocks did in 2018. Investors have paid huge premiums on sales for even the promise of a novel coronavirus treatment or vaccine. But if you’re looking for value, consider Pfizer (NYSE:PFE). You can still buy PFE stock at a reasonable price. Source: Manuel Esteban / Shutterstock.com
Stocks added to this week’s gain with another rally on Thursday. With that in mind, let’s look at a few top stock trades as we head into Friday. Top Stock Trades for Tomorrow No. 1: Canopy Growth (CGC) The cannabis stocks have been regaining momentum lately, as we highlighted earlier this week. Taking a closer
Is now the time to buy General Electric (NYSE:GE) stock as shares tread water? Not so fast! Shares are down big due to its novel coronavirus headwinds. But, as the pandemic affects its turnaround plan, it’s hard to see a rebound in the cards anytime soon. Source: JPstock/Shutterstock.com How so? Even before the outbreak, the
Morgan Stanley CEO James Gorman has just completed a pivot that began more than a decade ago. With the announcement Thursday that Morgan Stanley is acquiring investment manager Eaton Vance for $7 billion, Gorman is adding heft and scale to the smallest of the New York-based bank’s three main businesses: the manufacturer of mutual funds