The new commodity cycle is underway, and typically, two items take the lead wherever the cycle is headed. Of course, these two widely watched leaders are oil and gold prices, as both are reliable fundamental and psychological indicators to show investors where the economy could be headed tomorrow. Here’s what’s making them move. Oil prices […]
3 Mining Stocks to Watch with Silver Prices at 12-Year High Read More »
Guidewire Software NYSE: GWRE stock price has increased 150% in the last eighteen months because of the utility it provides insurers. The company operates as a B2B cloud-based SaaS that provides a suite of platforms for property and casualty insurers. The suite can be used piecemeal or as an end-to-end solution for group and self-managed
Guidewire Software Stock Rises 150%: Rally Has Just Begun Read More »
As investors prepare for the second half of the year, one question is whether they should take NVIDIA Corp. NASDAQ: NVDA or the field. In this case, the field refers to other stocks that make up the group known as the Magnificent 7. These stocks moved (relatively) in tandem for most of 2023. However, in
Top 4 Magnificent 7 Stocks to Invest in This Year\’s Second Half Read More »
$124.01 -0.41 (-0.33%) (As of 02:13 PM ET) 52-Week Range $95.53 ▼ $151.34 Dividend Yield 1.48% P/E Ratio 8.52 Price Target $133.57 While most steel producer stocks are trading down in 2024, Steel Dynamics Inc. NASDAQ: STLD is an exception. Its stock is trading up 9.1% year-to-date (YTD). The VanEck Steel ETF (NYSEARCA: SLX) is down
Steel Dynamics Up 9.6% as Competitors Rust Read More »
Artificial intelligence (AI) data cloud provider Snowflake Inc. NYSE: SNOW has had a series of misfortunate events, ranging from an earnings miss to data breaches, that caused its stock to tumble to 52-week lows at $122.60 on June 25, 2024. However, the shares have been able to rally for four consecutive days following the low
Snowflake Stock Rallies on AI Spending Increase Read More »
High volume can indicate market strength, but volume is relative. Thirty million in traded shares doesn’t mean much if the average daily volume is higher. However, a volume spike to thirty million is a different story. Volume spikes are a sign of piqued market interest, but their impact can be fleeting. Take GameStop, for example.
Complete Solaria, Senti, and POET Read More »
$27.89 -0.16 (-0.57%) (As of 02:28 PM ET) 52-Week Range $25.20 ▼ $37.80 Dividend Yield 6.02% Price Target $35.54 Pharmaceutical giant Pfizer Inc. NYSE: PFE has been trying to enter the weight-loss treatment trend dominated by GLP-1 drug makers like Ozempic and Wegovy makers Novo Nordisk A/S NYSE: NVO and Mounjaro and Zepbound makers Eli Lilly
Pfizer Stock Poised for Turnaround on GLP-1 Hopes Read More »
Analysts\’ sentiment has Workday NASDAQ: WDAY and SolarEdge NASDAQ: SEDG down, but the takeaways differ for each. On the one hand, a struggling business continues to lose money while its competitors fare better. On the other hand, a leading company that failed to meet inflated expectations has had its market reset. The share price will
Sell One, Buy the Other Read More »
$60.11 -0.98 (-1.60%) (As of 07/8/2024 ET) 52-Week Range $44.12 ▼ $81.24 P/E Ratio 39.29 Price Target $70.03 Leading cybersecurity provider Fortinet Inc. NASDAQ: FTNT stock has been lagging behind its peers and the benchmark indexes, trading up just 3.8% year-to-date (YTD). The company offers security-as-a-service (SaaS) through the cloud, primarily billing through a subscription model.
Fortinet is an Undervalued Cybersecurity Stock Worth Owning Read More »
AI is here to stay, and it is a problem for some because of the massive increase in power consumption associated with the rise of AI. AI lives in data centers and uses the exact (often more powerful) GPUs and accelerators as Bitcoin mining, making it an unfriendly business for the planet. Dominion Energy NYSE:
3 Renewable Stocks Surge on AI: First Solar, Enphase, Nextracker Read More »