Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles on Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images Check out the companies making headlines after the bell Thursday: GenMark Diagnostics — GenMark shares popped more than 4% after
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Canopy Growth (NYSE:CGC) has been — to be frank — a disappointment to CGC stock holders for several years. Source: Shutterstock This company was supposed to turn into a titan of industry in the booming global cannabis market, with surging revenues, huge profits and a soaring stock price. But none of that has happened. Yet.
Never underestimate a good dividend. For that matter, never underestimate a quality company, brand and stock either. McDonald’s (NYSE:MCD) fits all of these criteria. That’s why it’s no surprise that McDonald’s stock is hitting new all-time highs. Source: ATIKAN PORNCHAIPRASIT / Shutterstock.com Even better, though, is that the thesis behind owning the stock doesn’t depend
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After the recent pullback, is it time to dive into Workhorse (NASDAQ:WKHS) or is it an investment you should avoid? With two potentially game-changing catalysts around its belt, investors had plenty of reason to be excited about this stock. But, with these catalysts already priced into shares, this electric vehicle (EV) play may be “too
Former Goldman Sachs CEO Lloyd Blankfein sees speculative elements across markets for stocks and bonds. Blankfein, a billionaire who served as Goldman’s CEO from 2006 to 2018, said Thursday on CNBC’s “Squawk Box” that low interest rates were essentially creating free money for big institutional investors. After keeping rates low for years after the 2008
Take a look at some of the biggest movers in the premarket: IBM (IBM) – IBM said it would spin off the managed infrastructure services unit of its global technology services division into a separate public company, to allow it to focus on its hybrid cloud growth strategy. The spin-off will be accomplished through a
Editor’s note: This column is part of InvestorPlace.com’s Best Stocks for 2020 contest. Neil George’s pick for the contest is Hercules Capital (NYSE:HTGC). Hercules Capital (NYSE:HTGC) has been my recommendation as part of the InvestorPlace Best Stocks for 2020 contest. And for the third quarter, the stock has returned 13.55% which has outpaced the S&P 500 by an
BP Plc (NYSE:BP) has had a rough year. In 2020, BP stock is down over 54%. Nevertheless, the stock is likely worth at least 20% more than its present price of $17.27, based on its historical dividend yield. Source: FotograFFF / Shutterstock.com Due to the Covid-19 pandemic, oil and gas prices have tumbled amid reduced
Tonight on Thursday Night Stock Charts Live we discuss if this recent pause in the stock rally is really a pause that refreshes allowing for new highs in the stock market. We will complete a through technical analysis of the stock market with a particular focus on the S&P 500 and the Dow Jones. ✅15
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After Tuesday’s volatile finish, stocks got off to a hot start on Wednesday and continued to plow higher. That said, let’s look at a few top stock trades for Thursday. Top Stock Trades for Tomorrow No. 1: DraftKings (DKNG) DraftKings (NASDAQ:DKNG) was on fire for a while, rallying from $35 in early September to almost
Fitbit (NYSE:FIT) stock is up 89% over the last 12 months (LTM) but up only 5.3% year-to-date. That is an indication that investors are growing tired of the company’s losses and zero profit outlook. Most investors will not put all their fitness technology eggs in this basket. Source: Eric Broder Van Dyke / Shutterstock.com One
SINGAPORE — With uncertainty looming over the upcoming U.S. elections in November, JPMorgan Asset Management’s Patrik Schowitz says investors should look past the “noise” and focus on the medium term instead. “On a six month view, you know, we think the cyclical view matters much, much more than … the exact noise and shenanigans around the
Check out the companies making headlines in midday trading. SunPower — Shares of the solar company jumped more than 13% to a new 52-week high after Piper Sandler initiated coverage on the stock with an overweight rating. The firm called SunPower a “favorite idea,” noting that it has “a path toward generating positive operating cash
In 2020, the stock market crashed on fears that the Covid-19 pandemic was a “world-ender.” Then markets rebounded sharply as those fears proved overstated. Most stocks today trade at or near their pre-Covid levels. But not Alteryx (NASDAQ:AYX), as AYX stock has taken investors on a ride this year. Source: Shutterstock The data analytics provider
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The White House shocked the world last week. President Donald Trump and First Lady Melania Trump had contracted the novel coronavirus. On Friday, journalists found out that other Washington insiders, including senators and presidential aides, had also tested positive. This, not surprisingly, has thrust Covid-19 back into the spotlight. While case counts have been falling
As the company’s name implies, New Residential Investment (NYSE:NRZ) is a real estate investment trust (REIT) that invests in residential mortgage-related assets. The company’s a solid performer in the U.S. residential real estate niche, and NRZ stock holders undoubtedly appreciate New Residential Investment as a generous dividend payer. Source: Shutterstock While New Residential Investment is
An artist’s depiction of Momentus’ Vigoride spacecraft deploying satellites. Momentus Stable Road Capital will take space transportation specialist Momentus public through a SPAC deal that values the company at $1.2 billion, the firm announced on Wednesday. The acquisition is expected to close early next year, with Momentus to be listed on the Nasdaq under the