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
GameStop (NYSE:GME) stock is up some 950% year to date, eclipsing the already healthy gains in the broader stock market. However, the recent success of its shares may not necessarily mean this video game retailer can create fortunes for new investors. Let's take a closer look to see what m
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>>>
Question: I want to invest in an IRA in addition to my 401(k) so I can buy some individual stocks, but I make too much to qualify for the traditional IRA deduction or to make a Roth IRA contribution. Is it worth making a non-deductible traditional IRA contribution?
Answer: The short answer is “probably not.”
To bring readers up to speed, anyone who has earned income can contribute to a traditional IRA, regardless of their income level. However, if you earn more than a certain threshold and can participate in an employer’s retirement plan such as a 401(k), you....More>>>
In yesterday's essay, I introduced you to Michael J. Mauboussin, a prominent value investor, author, and longtime adjunct professor at Columbia University. Mauboussin estimates he has devoted two-thirds of his 30-year investing career to thinking and writing about the investment process. Last summer, he condensed those two decades of insights and analysis into an essay titled "Reflections on the 10 Attributes of Great Investors." Yesterday, we reviewed five of those attributes. Today, we'll explore the remaining five…
Hot penny stocks can bring investors double-digit returns in a short amount of time. For instance, AVEO Pharmaceuticals Inc. (Nasdaq: AVEO) surged 332%, from $0.73 to $3.15, from June 22 to July 10. That means any investor who bought in on June 22 more than quadrupled their initial investment in less than three weeks.
VideoThe 3 Best Strategies for Trading Penny Stocks Today
But top-performing penny stocks can also sometimes post big gains for bad reasons.
One example is Hongli Clean Energies Technology Corp. (Nasdaq: CETC), which climbed 144% in just one week, rising....More>>>
Shares of Switch, Inc. (NYSE:SWCH) have been given a consensus recommendation of "Buy" by the twelve research firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation, nine have given a buy recommendation and on
Following in the wake of fellow dry bulk shipping stocks Diana Shipping (NYSE:DSX) last week and Safe Bulkers (NYSE:SB) Monday morning, Seanergy Maritime Holdings (NASDAQ:SHIP) and Castor Maritime (NASDAQ:CTRM) surged ahead to close the trading session up 12% and 13%.
We're entering the home stretch of the year. Last month, I pointed out that the fall season is one of the best times for dividend hikes. And it will be interesting to see which companies announce dividend hikes in this challenging environment.
HOOKIPA (HOOK Quick QuoteHOOK ) announced that it has entered into a clinical collaboration and supply agreement with Merck (MRK Quick QuoteMRK ) to evaluate the former’s novel arenaviral program, HB-200, in combination with the latter’s PD-L1 inhibitor Keytruda as a fi