The S&P 500 and the Dow Jones Industrial Average are trading near all-time highs. Interestingly, this is despite September’s and October’s reputation for being tough on the markets. Most stock market crashes have occurred during October. With a potential widespread correction looming, investors are taking a chance on penny stocks.
Fears of inflation are running high. Then, there is the increasing tension between the U.S. and China. And to add fuel to the fire, we have the recent turmoil in Afghanistan. Understandably, an investor might be squeamish about adding new stocks....More>>>
AbbVie’s (ABBV) – Get AbbVie, Inc. Report selloff was overdone after a Sept. 1 setback for its star immunology drug Rinvoq, and the stock remains undervalued, says BMO analyst Gary Nachman.
He has an outperform rating and a $133 price target. The stock recently traded at $106.61, down 0.81%, and has dropped 12% since Aug. 31.
On Sept. 1, the Food and Drug Administration mandated new heart safety and cancer warnings for Rinvoq and other companies’ JAK inhibitor class of medicines.
“Physicians agreed Rinvoq is still likely to get approved....More>>>
I don’t know why anyone would want to buy AT&T (NYSE:T) stock.
Source: Roman Tiraspolsky / Shutterstock.com
The moves into content by former CEO Randall Stephenson bombed spectacularly. Shareholders are left with $177 billion in debt and, starting next year, a skinnier dividend. The company’s wireless prospects are decent, but only because it can rip off customers.
I called AT&T a yield trap a year ago, as it turned out to be. Before the dividend cut, I was optimistic about its 5G spectrum. I called it a “sell” after the cut.
Apple Inc. stock is trading near its all-time highs which raises the question ‘what next for AAPL stock?’
Shares of Cupertino, California-based Apple Inc (NASDAQ:AAPL) have been in a solid uptrend through 2017. AAPL stock closed the last trading session at $138.99 per share, a gain of 20% in the year-to-date. Apple stock is now trading less than $2 off its all-time high of $140.28 per share, which it hit on March 2. With the AAPL stock price flirting with its all-time highs, an important question to be answered is ‘What Next For Apple Stock?’ Is the....More>>>
Today, we’re bringing investors the three best silver stocks to buy now as both silver prices and silver stocks continue to outgain the broader markets in 2016.
Before we get into the three best silver stocks to buy now, here’s why the price of silver is soaring in 2016…
Silver has been one of 2016’s best performing assets. The white metal is up 34.9% year to date. Before a recent pullback, silver prices had risen as much as 50% at their 2016 peak.
And silver stocks are boasting much bigger gains…
So far in 2016, the Global X Silver....More>>>