Many investors keep General Electric (NYSE:GE) on their radar. They know GE stock well from its glory days and see it now trading in the single digits. At some point, there has to be value, right? Source: JPstock/Shutterstock.com Unfortunately, that’s a harder case to prove. General Electric has done a lot to overhaul its organization.
Chinese President Xi Jinping walks past officials wearing face masks following the coronavirus disease (COVID-19) outbreak as he arrives for the closing session of the National People’s Congress (NPC) at the Great Hall of the People in Beijing, China May 28, 2020. Carlos Garcia Rawlins | Reuters China has been juggling a global pandemic along
A woman walks in the rain outside the New York Stock Exchange (NYSE) in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York, April 13, 2020. Andrew Kelly | Reuters Investors are making the biggest bet in the futures market since 2011 that the stock market is
We’ve seen a strong recovery for the Gold Miners Index (GDX) over the past few days, and several of the leading names continue to firm up on their weekly charts, building large bases following their multi-year breakouts. However, the recent pullback in the mining stocks has made quite a few investors skittish, after leading names
After some overnight futures drama regarding the trade deal between the U.S. and China, equities rallied hard. However, breadth wasn’t all that great. That said, let’s look at a few top stock trades for Wednesday. Top Stock Trades for Tomorrow No. 1: Nvidia (NVDA) Nvidia (NASDAQ:NVDA) spent the last month consolidating its gains in a
Tiny Remark Holdings (NASDAQ:MARK) is one of the most scintillating stories among investment ideas related to the novel coronavirus. MARK stock price action confirms as much. Just look at the second-quarter gain topping 620%. Source: Shutterstock Underscoring just how impressive its run has been and how volatile the name can be, gains by MARK stock
Oil stocks have been all over the place in recent weeks. Prices for crude oil are trending upward, leading many investors to believe now is a good time to buy. But rising oil prices won’t necessarily translate into big gains for many energy firms. And they may put a crimp on the dividends that bring
As Penn National Gaming works to reopen its casinos and gaming operations, Barstool founder Dave Portnoy is itching to return to his roots. Portnoy, an avid sports bettor who began betting on stocks after professional sports paused due to the coronavirus, told CNBC’s Jim Cramer he’s leaving the stock trading game behind when sports make their
A trader walks in front of the New York Stock Exchange on May 26, 2020 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images With the S&P 500 up more than 21% for the quarter so far, strategists are handicapping the likelihood that pensions and other funds and investors will
Year-to-date, BP (NYSE:BP) shares are down about 38% hovering around $23 per share. Changing oil price dynamics affect earnings at energy firms. Oil companies benefit from rising oil prices. Brent crude prices started the year over $60 per barrel. Today, they stand at about $39 per barrel. Compared to April’s $20 levels, this is a much better
[Editor’s note: “9 of the Best Food Stocks to Buy Right Now” was originally published in March 2020. It is regularly updated to reflect the most relevant information.] Despite some glimmer of hope after a surprisingly positive May jobs report, the situation on Main Street is still dire. According to a recent report from The
I wrote critically about Virgin Galactic (NYSE:SPCE) on April 14 when it was at $19.03 per share. My article struck right at the main problem for SPCE stock — nothing will help the company stop losing money. Since then, shares have fallen below $17. Source: Tun Pichitanon / Shutterstock.com And I believe SPCE stock will
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire investor Bill Ackman, who made a killing this year by nailing the market bottom, on Monday disclosed plans for an initial public offering of a $4 billion blank-check company, which will target so-called “Mature Unicorns.” The new investment vehicle named Pershing Square
[Editor’s note: “9 Best Dividend Stocks to Buy for Every Investor” is regularly updated to include the most relevant information available.] Because of the unprecedented disruption caused by the novel coronavirus, weary Americans have been eager to hear some good news. Recently, they received exactly that. In a stunning reversal against bearish expectations, the May
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After a bumpy Friday and a lower open on Monday, U.S. stocks pushed higher again. That said, let’s look at a few top stock trades as we knock out the first trading day of the week. Top Stock Trades for Tomorrow No. 1: Invitae (NVTA) I have really liked Invitae (NYSE:NVTA) over the past few
Tilray’s (NASDAQ:TLRY) management recently appeared at the Oppenheimer 20th Annual Consumer Growth and E-Commerce Conference. What Tilray’s CEO, Brendan Kennedy, had to say was very interesting for TLRY stock. A Small Group Will Dominate Source: Jarretera / Shutterstock.com Oppenheimer analyst, Rupesh Parikh, who hosted the interview with Kennedy, believes the company has the best management
Since June 3, when I told readers they should sell shares in Luckin Coffee (NASDAQ:LK), the scandal-plagued Chinese coffee delivery service, what do you think has happened? LK stock is up 40%. Source: Keitma / Shutterstock.com If you’re a small investor, as I am, you’re still right to avoid frauds and sell out when you
Virgin Galactic’s spacecraft outside Spaceport America in New Mexico. Virgin Galactic Shares of Virgin Galactic shares jumped Monday after it signed an agreement with NASA that will allow the space tourism venture to train astronauts for trips to the International Space Station on flights to the edge of space. The company — which is publicly traded
Take a look at some of the biggest movers in the premarket: Virgin Galactic (SPCE) – Virgin Galactic signed a deal with NASA to develop a recruitment and training program for private astronauts seeking to visit the International Space Station. Walmart (WMT) – UBS upgraded the retail giant’s stock to “buy” from “neutral,” citing greater