The shining momentum for ContextLogic (NASDAQ:WISH) came and left in a hurry in June. Meme traders, where traders depicted stock buys with an image and a few words, lifted WISH stock. After ContextLogic posted results on August 12, any positive momentum all but evaporated. That is bad news for
Copart (NASDAQ:CPRT) had its price target hoisted by Truist from $145.00 to $160.00 in a research report sent to investors on Friday, The Fly reports. The brokerage currently has a buy rating on the business services provider's stock.
Several other research firms have also issued reports
Given the extremely low valuation of Micron Technology (NASDAQ:MU) stock, if value investing legend Benjamin Graham was alive today, he would be buying MU stock by the boatload.
Trading at 3.7 times its trailing adjusted earnings per share, Micron stock is the third-cheapest S&P 500 company by this valuation metric and it has the lowest forward price-earnings ratio in the S&P 500.
Four months ago, MU stock was trading around $65, over 40% higher than its current price. Its cash return [defined as free cash flow plus net interest expense divided by enterprise value]....More>>>
Stockdale Securities started coverage on shares of AorTech International (LON:AOR) in a research note released on Wednesday morning. The firm issued a buy rating and a GBX 400 ($5.33) price objective on the stock.
Shares of AorTech International opened at GBX 41.20 ($0.55) on Wednesday, MarketBeat.com reports. AorTech International has a 12 month low of GBX 8 ($0.11) and a 12 month high of GBX 69 ($0.92).
About AorTech International
AorTech International Plc, together with its subsidiaries, focuses on the commercialization of its biomedical polymer technology, components,....More>>>
A number of years ago, Warren Buffett referred to derivatives as “financial weapons of mass destruction.” Since then, Wall Street has tried to pooh-pooh this description, but the facts speak for themselves.
See Also: 7 Best Dividend Stocks for a Rocky Market
What is a derivative? Basically, it’s a bet couched as a complex financial instrument. Investopedia defines a derivative as “a security with a price that is dependent upon or derived from one or more underlying assets.” More simply put, two institutions, usually banks, bet on the direction of....More>>>
Source: ThinkstockDecember 11, 2017: The S&P 500 closed up 0.3% at 2,659.98. The DJIA closed up 0.2% at 24,386.10. Separately, the Nasdaq was up 0.5% at 6,875.08.
Monday was a solid day for the broad U.S. markets. This is a good start to the week for Dow, S&P 500 and Nasdaq after each one had a couple of rough days last week. Crude oil kicked off the week with a solid gain. The S&P 500 sectors were mostly positive on the day with a few exceptions. The best performing sectors were technology and energy up 0.83% and 0.77%, respectively. The worst performing sectors were financials....More>>>
To get rich, you have to be making money while you’re asleep.– David Bailey
Investors in stocks should absolutely love this quote, because stocks can make you filthy rich, provided you can find ones that have stood the tests of time and can continue to do so, without your having to constantly check on them. It could be a company’s dominance and moat(s) in a growing industry, or its focus on the next megatrend — if it can capitalize on the opportunities, you should be able to earn solid returns.
Right now, I believe Mastercard (NYSE:MA), Brookfield Renewable....More>>>
Quantum computing stocks are gaining traction as this once-nascent industry is fast evolving. Wall Street is paying increased attention to the segment as companies move from the experimental research phase to developing commercially feasible computers that can solve the world’s most compl
For those investors seeking income along with their capital appreciation, the SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) gives you some ideas about where to look for dividend stocks to buy.
The exchange-traded fund tracks the performance of the S&P 500 High Dividend