Chewy Inc. NYSE: CHWY shares spiked as much as 29% in premarket trading Monday after Keith Gill—known online as \”Roaring Kitty\”—disclosed a 6.6% passive stake in the online pet food and product retailer. $24.81 -0.17 (-0.68%) (As of 07/8/2024 ET) 52-Week Range $14.69 ▼ $39.46 P/E Ratio 137.83 Price Target $26.50 The US Securities and Exchange […]
Chewy Stock Soars After Roaring Kitty\’s Major Stake Disclosure Read More »
Gold is a precious metal like silver or copper, although its shiny appearance and valuable physical properties have made it one of the most desirable elements. Used in everything from jewelry to electronics, investors have sought gold to preserve (or increase) wealth for longer than any public company has existed. Gold has a diverse number
Complete Guide to Investing in Gold: Strategies and Tips Read More »
The new market cycle could be the best environment for ‘boring’ stocks to take off. Recently, there has been some interest in the real estate sector, especially after Warren Buffett started buying homebuilding stocks like PulteGroup Inc. NYSE: PHM and D.R. Horton Inc. NYSE: DHI over the last quarter of 2023. This raised the question
3 Stocks Wall Street is Watching on Fannie Mae’s Rally Read More »
When investors consider the main ways to get their money back from an investment and a reasonable return on that initial investment, the average retail investor thinks of two main approaches. First is the classic ‘buy low and sell high’ approach, which means someone sold stock at a profit and created a taxable event for
3 Recent Stock Buybacks Lead the Way Read More »
Investors should take Wall Street\’s view of a particular sector or stock with a grain of salt, as there are typically conflicts of interest behind these views. Think about it: if an analyst working for an investment bank decides that a company\’s future is bearish, that analyst could risk losing his or her job over
Home Depot, U.S. Steel, Alcoa Read More »
The semiconductor sector has been a standout performer in 2024, but recent trends suggest that its momentum might be slowing. So, let\’s examine the overall state of the sector, focusing on the Van Eck Semiconductor ETF NASDAQ: SMH and two leading names: NVIDIA NASDAQ: NVDA and Taiwan Semiconductor Manufacturing Company NYSE: TSM. By analyzing these
Slowing Momentum in Semiconductor Stocks? Read More »
PANW Palo Alto Networks $337.64 -4.45 (-1.30%) (As of 07/8/2024 ET) 52-Week Range $201.17 ▼ $380.84 P/E Ratio 49.08 Price Target $326.29 Network cybersecurity provider Palo Alto Networks Inc. NASDAQ: PANW stock has recovered from its fiscal Q3 2024 earnings report. While the results weren\’t bad, shares took a tumble on its forward guidance. However, the
Palo Alto Networks Stock Climbs on AI Cybersecurity Advances Read More »
$28.15 -0.40 (-1.40%) (As of 07/8/2024 ET) 52-Week Range $13.40 ▼ $52.48 Price Target $32.66 Affirm Holdings Inc. NASDAQ: AFRM is a leader in the buy-now-pay-later (BNPL) industry. They provide installment loans to consumers, enabling them to split purchases into smaller payments. This is a win-win for merchants as they make more sales and customers as
Buy Now and Reap Future Rewards? Read More »
The market cycle affects more than just stocks and sectors. As investors know, during economic booms, consumer discretionary stocks tend to outperform all others, especially the ‘boring’ consumer staples names. However, there is another metric that investors should always keep an eye on as far as cycles go: the volatility index (VIX), also known as
Beat the Low VIX: 3 High Beta Stocks to Watch Read More »
Upwork NASDAQ: UPWK is a technology firm that operates as an online marketplace, connecting freelance workers and independent contractors with employers. In 2024, the stock price is down 29% due to fears that AI will eliminate many freelance jobs. Now, most analysts covering the stock have a buy rating on it. Let\’s look at Upwork\’s
Strong Outlook Despite Gen-AI Headwinds Read More »