While the market is buzzing about the Tesla (NASDAQ:TSLA) 5-for-1 stock split, there may be a much better bargain in the automotive sector. I’m referring to old American stand-by General Motors (NYSE:GM). It’s true that GM stock has struggled in 2020, but a turnaround could be in the offing. Source: Shutterstock Granted, General Motors isn’t
The 12th anniversary of the merger between Northwest Airlines and Delta Air Lines (NYSE:DAL) is coming up on Oct. 29. If you were a Northwest shareholder in 2008 and are still holding DAL stock, you made out like a bandit. Source: Markus Mainka / Shutterstock.com If you haven’t sold after 12 years, you probably shouldn’t
Shutterstock Is the interest rate on your student loans too high? Welcome to the club. Here are 5 ways to cut those interest rates. Let’s do this. 1. Comparison shop for student loan refinancing It sounds like a no brainer, but you would be surprised how many people just pick a lender they see on
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The fireworks just keep going off, with the S&P 500 scorching higher and hitting another record high. With that in mind, let’s look at a few top stock trades as we finish off Wednesday’s trading session. Top Stock Trades for Tomorrow No. 1: Peloton (PTON) Peloton (NASDAQ:PTON) shares have been on fire lately, and the
Charlotte Hornets owner Michael Jordan responds to a question during a 2014 news conference at Time Warner Cable Arena in Charlotte, N.C. Jeff Siner | Charlotte Observer | Tribune News Service via Getty Images This is a developing story. Check back for updates. Shares of DraftKings jumped 13% in premarket trading after the company said
People walk past the Calvin Klein store at the Woodbury Common Premium Outlets Mall on October 21, 2017 in Central Valley, NY. Gary Hershorn | Getty Images Check out the companies making headlines after the bell: Five Below — Five Below shares rallied after the close of the regular session Wednesday evening after it said sales
The healthcare sector is at the heart of the novel coronavirus. Consequently, names like UnitedHealth (NYSE:UNH) have enjoyed more investor interest than usual. Bulls are now hoping UNH stock will break out into new all-time highs. Therein lies the opportunity to own this stock. Source: Ken Wolter / Shutterstock.com If you already hold long positions,
Its been the year of the special purpose acquisition company (SPAC). Over 50 SPACs have been formed in 2020 alone, and they have raised over $21.5 billion. Spartan Energy Acquisition (NYSE:SPAQ) is one of the top SPACs in the market, as SPAQ stock has jumped 40% so far this year. Source: Shutterstock The company’s big
Shutterstock So, can you buy your dream house if you have student loan debt? The common wisdom is bleak: student loans are preventing borrowers everywhere from living The American Dream. It doesn’t have to be that way, however. Here are 8 ways to maximize your chance of buying your dream home — even if you
Warren Buffett Gerry Miller | CNBC They say 90 is the new 70, and in Warren Buffett‘s case it may be true. The chairman and CEO of Berkshire Hathaway announced today, on his 90th birthday, that his company has acquired a slightly more than 5% stake in each of the five leading Japanese trading companies.
Take a look at some of the biggest movers in the premarket: Zoom Video (ZM) – Zoom reported quarterly profit of 92 cents per share, more than doubling the 45 cents a share consensus estimate. Revenue came in well above Street forecasts. Zoom also raised its annual revenue forecast by more than 30%, with the
Everyone knows about microchip technology, but few know about Microchip Technology (NASDAQ:MCHP). MCHP stock has come back from a March market meltdown to hit higher highs. Source: Shutterstock MCHP makes controllers. For years these were hidden inside hard disk drives. Now they’re behind the scenes everywhere, controlling your WiFi, managing power, acting as interfaces. You
Jamie Dimon, the well-known chairman and CEO of JPMorgan Chase (NYSE:JPM), told investors in last quarter’s shareholder letter that they would continue “to pay our dividend – unless the economic situation deteriorates materially and significantly.” But JPM stock may suffer if the bank does not increase the quarterly dividend in the next several weeks, as
As a long-time Nvidia (NASDAQ:NVDA) bull, it was tough for me to say last week that it may be time to pump the brakes on a red-hot NVDA stock that is up 212% in 2020 alone. Source: Sundry Photography / Shutterstock.com But that seems like the smart thing to do. Nvidia is a great company,
Looking for pre-pandemic consumption as early as Q4- Inventory data remains bullish The price of oil is sitting at just below $43 per barrel Technical factors point higher, and so does the price action in other commodities The price of nearby October crude oil futures on NYMEX rose to a new high over the past
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The first day of September saw more money flow into stocks, with the S&P 500 hitting its eighth-straight record high. With that in mind, let’s look at a few top stock trades for Wednesday. Top Stock Trades for Tomorrow No. 1: Zoom Video (ZM) Wow, what an incredible run it’s been for Zoom Video (NASDAQ:ZM).
Joggers pass the Marriner S. Eccles Federal Reserve building in Washington, D.C., on Tuesday, Aug. 18, 2020. Erin Scott | Bloomberg | Getty Images Interest rates near zero likely will stay in place not for months but years as the Federal Reserve seeks to reengineer an economy characterized by low inflation and an uneven labor
A bear statue stands outside the Frankfurt Stock Exchange, operated by Deutsche Boerse AG, in Frankfurt, Germany, on Friday, March 13, 2020. Alex Kraus | Bloomberg | Getty Images Throw in the towel on a market pullback? It’s getting lonely being a market bear. Investors — even market bulls — who are trying to figure