Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, July 27, 2022. Elizabeth Frantz | Reuters Investors are looking for new guidance in Federal Reserve Chairman Jerome Powell’s Jackson Hole, Wyoming, speech Friday, but he could instead deliver the same
This looks like a wonderful time for investors looking for hot growth stocks with very strong outlooks. I believe that the market is really starting to internalize the concept that Fed Chairman Jerome Powell is anything but super-hawkish on interest rates and that the economy is well-positioned for a “soft landing.” There are two main
There’s a certain reassurance that comes with high-quality dividends. That’s particularly true when we’re in the midst of a downtrend. Many of these dividend stocks not only provide consistent income, but they also tend to hold up better than its high-growth peers. Especially in this environment, investors are looking for blue-chip dividend stocks with plenty
It’s probably high time to look at your portfolio and see which growth stocks to sell. It has been a disappointing year on Wall Street, to say the least. In 2021, the major indices were up anywhere from 19.5% to 26.9%. Not too shabby. But so far this year, we’ve not had any such luck.
In this article PTON CRM SNOW SOFI Erin Scott | Reuters Check out the companies making the biggest moves midday: Peloton — Shares of Peloton plunged over 17% after the company reported quarterly results Thursday showing a wider than anticipated loss and declining revenue. The company also did not give an outlook for its next
With August’s signing of the bipartisan CHIPS and Science Act of 2022, investors ought to consider semiconductor stocks to buy on the dip. Primarily, this groundbreaking legislation will make historic investments to bolster competitiveness among U.S. workers and businesses. More importantly, the bill represents a key component of economic stability and national security. Earlier, I
Investors’ appetites for hot, new meme stocks with high potential appears to be gaining momentum these days. Providing evidence for that assertion, the VanEck Social Sentiment ETF (NYSEARCA:BUZZ) has soared over 10% in the past month. Likewise, the Roundhill Meme ETF (NYSEARCA:MEME) is up about 9% since it touched a recent low on July 26. However, these exchange-traded
Source: Michael Vi / Shutterstock One of my favorite long-term growth stocks to buy today is fintech disruptor SoFi Technologies (SOFI). In fact, for what it’s worth, all my favorite growth stocks are up more than 55% since mid-June. They’re crushing the Dow Jones, S&P 500, Nasdaq, Cathie Wood’s ARK Innovation ETF (ARKK), and Warren Buffett’s
Not long ago, Vroom (NASDAQ:VRM) stock garnered attention in the financial press. Reportedly, Bill Gates’s organization, the Gates Foundation, took a stake in the New York-headquartered digital car-buying platform. However, individual investors must make their own decisions. Besides, based on Vroom’s financials, it looks like the company is having major problems. Celebrity status can enhance the
Recent news regarding student loans is throwing SoFi (NASDAQ:SOFI) stock back into the spotlight. With the unveiling of President Joe Biden’s student debt relief plan, shares in the fintech firm have moved higher on the news. Why? Along with providing targeted debt relief, the White House’s plan brings an end to the student loan moratorium,
The market’s summertime rally is losing momentum, but there still are undervalued stocks out there if you look. The rally’s short-term bullishness benefited traders, while investors who sat out of markets missed out. Fortunately, the resumption of the bear market of 2022 will reward investors seeking undervalued stocks. After markets ignored them, stocks that fell
Investor enthusiasm for Nio (NYSE:NIO) stock has started to renew since May. After falling to as low as $11.70 per share, the China-based electric vehicle (or EV maker) has climbed back to around $19 per share. While still down big from its all-time high hit in 2021, it remains one of the more popular EV
In this article DLTR ELY DG Check out the companies making headlines before the bell: Dollar Tree (DLTR) – The discount retailer’s stock slid 6.6% in the premarket after cutting its full-year earnings forecast, due to the impact of pricing-related investments at its Family Dollar stores. Dollar Tree reported better than expected profit for its latest
The popular meme stocks also can be the most fraught. For example, a series of actions taken by billionaire investor Ryan Cohen last week contributed to the collapse of most popular meme stocks over the last few trading days. Cohen’s company, RC Ventures, disclosed on Monday, Aug. 16 that “it had purchased call options on 1.67 million
A few key factors exist in finding the best growth stocks to buy. First, you want to find companies trading at a discount to their intrinsic value. This means that the stock is undervalued by the market and has the potential for significant upside. Second, you want to find companies with strong fundamentals. This means
With hardly any warning, Weber (NASDAQ:WEBR) stock garnered attention among traders recently and catapulted higher. Is this due to company-specific news, such as a terrific earnings report? Not at all, as Weber has actually swung from a profit to a net earnings loss. More likely, this is all just part of the current meme stock craze.
In this photo illustration the stock trading graph of Nvidia Corporation seen on a smartphone screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in after hours trading. Nvidia – Nvidia slipped 2.5% after quarterly earnings missed Wall Street expectations on the top and bottom line. Nvidia
[embedded content] Today, we’re starting off with one of our favorites – fintech darling SoFi (SOFI). Throughout the course of the pandemic, the student loan moratorium has been a drag on the company’s stock. But now that freeze is finally coming to an end. Student loan refinancing is where SoFi first cut its teeth in
Consumer confidence is a leading economic indicator and can forecast forward-looking economic performance. With consumer confidence recently hitting its lowest level in 16 months, that’s not a great sign for the stock market. Accordingly, finding high-quality stocks to buy in this environment can seem tricky. Companies in the consumer discretionary, non-essential, or durable goods sectors
Investing in equities can be rewarding if it is paired with discipline and research. As Peter Lynch points out, “stocks aren’t lottery tickets. Behind every stock is a company. If the company does well, over time the stocks do well.” The idea is to buy and hold stocks of high-quality businesses. Starting early is often