CrowdStrike (NASDAQ:CRWD) is not the most well-known tech stock out there. It’s no Apple (NASDAQ:AAPL) or Microsoft (NASDAQ:MSFT), particularly with its $25 billion market capitalization. However, that won’t stop CRWD stock from hitting new all-time highs. Source: Piotr Swat / Shutterstock.com Despite pulling back from the July highs, CRWD stock has been an absolute beast.
When I look at AYRO (NASDAQ:AYRO), it feels a bit like déjà vu from when I was recently asked to give an opinion on ElectraMeccanica Vehicles (NASDAQ:SOLO). I felt the basic problem for ElectraMeccanica was that it didn’t have a good answer to why this time is different. In other words, it might be the
In Best Stock Charts this week we perform a demonstration of TrendSpider using their multi-timframe automated technical analysis. We have now introduced Alpha Trends Anchored VWAP. At The Contrarian Trader we have used TradingView, StockCharts.com and Think or Swim platforms. While all are solid charting platforms for consistently reliable charting platform with back-testing, stock scanner
The Securities and Exchange Commission is investigating Eastman Kodak‘s disclosure about getting awarded a $765 million loan from the U.S. government to start producing drug ingredients, which sent the stock up on heavy volume ahead of the official announcement, the Wall Street Journal reported Tuesday. On July 27, a day before Kodak, as well as President Donald
A woman wearing a face mask walks past a sign in front of the US Department of Labor amid the coronavirus pandemic on April 29, 2020, in Washington, DC. Oliver Douliery | AFP | Getty Images Markets see a slight positive in July’s jobs report, but the focus remains on whether Congress can agree to
It’s true that fifth generation (5G) telecommunications is more an advertising line than a real thing for most people. But that is changing and 5G stocks are quickly becoming a hot investment theme. All major phone makers are making sure their newest models are 5G-ready. And telecom equipment makers are running a full speed to
From the performance of its shares, Plug Power (NASDAQ:PLUG) has come a long way. It spent much of the last five years trading at around $2.00. Conversely, July 2020 is its breakout month after PLUG stock climbed to a high of $10.00 before selling-off by 20%. Today, it’s trading at more than $11. Source: Shutterstock
Motorcyclists pass a 1Malaysia Development Berhad (1MDB) billboard at the Tun Razak Exchange development in Kuala Lumpur, Malaysia, February 3, 2016. Olivia Harris | Reuters Goldman Sachs on Friday lowered its previously stated quarterly net earnings applicable to common shareholders to $197 million from $2.25 billion. The bank said in a filing it had set
A pedestrian wearing a protective mask exits from the Wall Street subway station in New York, on Monday, July 20, 2020. Michael Nagle | Bloomberg | Getty Images The debate in Washington over the next round of fiscal stimulus and rising tensions between the White House and China could act as brakes on the stock
It might seem ludicrous to recommend a stock a day after it reported an 80% decline in revenue. But that’s exactly what I’m doing with Caesars (NASDAQ:CZR) stock. Source: Jason Patrick Ross/Shutterstock.com The former Eldorado Resorts, whose acquisition of Caesars closed last month (Eldorado took the Caesars name), admittedly had an ugly second quarter. But,
Many moving parts – including the novel coronavirus crisis, OPEC’s moves, the overall economy, demand for air travel, and the increased popularity of electric vehicles – will affect oil stocks, including Exxon Mobil (NYSE:XOM) stock. I believe that Exxon Mobil stock will prove to be a good name for income investors over the medium term.
Over the years, I have consistently pounded the table on groundbreaking technology firms. Collectively, we’re entering a period where multiple innovations are converging at once, sparking what I term the “Roaring 2020s.” Certainly, electric vehicles represent a vital cog in this gear. However, this does not include bizarre gimmicks like Electrameccanica Vehicles (NASDAQ:SOLO). Thus, I
The market had trouble gaining upside momentum on Friday, as tech and growth stocks came under selling pressure. With that in mind, let’s look at a few top stock trades for next week. Top Stock Trades for Monday No. 1: Fastly (FSLY) Are you interested in Fastly (NYSE:FSLY) as a long-term investor? This was a
Warren Buffett Gerry Miller | CNBC Investors are preparing for a variety of news in Berkshire Hathaway’s second-quarter earnings report this weekend, ranging from the possibility of record overall net income to weaker operating results from the conglomerate’s industrials companies. Wall Street also hopes that Berkshire, which is expected to report per-share earnings of $2.12
A FedEx logo on a delivery truck Jin Lee | Bloomberg | Getty Images Check out the companies making headlines in midday trading. T-Mobile — Shares of the wireless provider surged more than 8% to a new 52-week high on Friday following its better-than-expected quarterly earnings. T-Mobile earned 9 cents on revenue of $17.67 billion, compared
It’s difficult to imagine a better earnings report than the one Etsy (NASDAQ:ETSY) delivered on Wednesday. Yet investors shrugged: ETSY stock declined 3.6% in regular trading Thursday. Source: quietbits / Shutterstock.com Admittedly, Etsy had more than quadrupled from March lows heading into the report. A “sell the news” reaction is to be expected. And we’ve
Kroger (NYSE:KR) stock was underperforming for years before the novel coronavirus hit. No more. It opens for trade on Aug. 7 at about $35 a share. That’s a 21% gain for 2020, against 2.3% for the S&P 500 index, and 11% for Walmart (NYSE:WMT), the country’s biggest grocer. Source: Jonathan Weiss / Shutterstock.com Kroger operates
On Aug. 5, cruise stocks wavered on news that they would again extend their no-sail date through October. This hit shares of Carnival (NYSE:CCL), Royal Caribbean (NYSE:RCL) and Norwegian Cruise Line (NYSE:NCLH). Fortunately for investors, Carnival stock managed to stabilize for the rest of the week. The problem is, obviously, that without cruises there isn’t
Source: Quicken Loans Rocket Companies, the parent of U.S. mortgage lender Quicken Loans, said its initial public offering (IPO) was priced at $18 per share on Wednesday, below a target range, and that it sold fewer shares than planned. Rocket sold 100 million shares to raise $1.8 billion in the IPO, which valued the company
Dana assembly technician Brandon Green wears a face mask as he works to assemble axles for automakers, as the auto industry begins reopening amid the coronavirus disease (COVID-19) outbreak, at the Dana plant in Toledo, Ohio, May 18, 2020. Rebecca Cook | Reuters As Congress haggles over stimulus to help the nation’s unemployed, markets await