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Wall Street analysts have a bullish view on PayPal (NASDAQ:PYPL) stock right now, with 48 sell-side analysts covering it, according to the Wall Street Journal. Among them 30 rate it either “Buy” or the equivalent to buy (“Overweight”), 17 out of the remaining 18 rate shares a “Hold,” with one sole analyst assigning a “Sell”
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Even though Tesla (NASDAQ:TSLA) is the most famous electric vehicle manufacturer in the U.S., this doesn’t mean the company is problem-free. Indeed, there may be valid reasons ARK Investment Management, whose CEO is Cathie Wood, sold shares of TSLA stock. It’s worthwhile for prospective investors to get the full story instead of jumping into a trade
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With 2023 slowly coming to an end, consider identifying stocks for potential sales before 2024 begins. Economic uncertainties, inflation and interest rate concerns contribute to stock market volatility. That’s especially true with underperforming speculative growth stocks, so accepting losses and realigning portfolios may be wise. Here are three overhyped stocks you should steer clear of
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Embarking on the thrilling expedition of stock investment often leads investors down well-trodden paths, pursuing the giants that dominate headlines. However, the true adventure lies in unearthing the hidden-gem stocks waiting to surge into the limelight. These three enigmatic entities quietly amassing potential for an astounding 500% growth leap. These names, tucked away from the
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It’s been a long way down for former market darling Block (NYSE:SQ). Block stock soared during the pandemic as merchants and consumers were forced to switch to digital payments because of lockdowns. In just 18 months shares soared nearly 600%, but it was short-lived. Investors saw the fintech stock lose almost 90% of its value
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Few other phenomena scare bearish traders than an unexpected momentum shift that forces an awful decision, thereby imbuing the concept of short-squeeze stocks with unignorable leverage. After all, when bulls get things wrong, they generally risk their principal. In contrast, the bears risk their principal and then some. Since securities can rise indefinitely, pessimists face
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Iconic “Big Short” investor, Michael Burry, has shorted these chip stocks to sell. The latest round of 13-F filings revealed that Burry’s Scion Capital Management shorted Blackrock’s (NYSE:BLK) iShares Semiconductor ETF (NASDAQ:SOXX) with 100,000 Put options. The nominal value of Burry’s short position stands at approximately $47 million, which is nearly half of Scion’s liquidity. As such,
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In the dynamic world of investments, electric boat stocks are gaining momentum. These ‘e-boat stocks’ blend innovation with eco-sustainability. They mark a significant shift in the maritime sector. Traditionally high in emissions, this industry is now embracing green technology. Electric boat stocks are not just eco-friendly; they promise strong growth potential. As renewable energy gains
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Palantir Technologies (NASDAQ:PLTR), recognized for big data services and government contracts, attracted attention with blockchain and AI advancements. However, despite high-profile deals, PLTR stock’s financial performance disappointed, leading some to see it as a “glorified consultant” rather than a tech innovator. Intense competition from more profitable consulting firms presents a challenge. Despite the easing of
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Competition among electric vehicle manufacturers is never-ending, not only in the U.S. but worldwide. Some data points might lead investors to believe that China-based EV maker Nio (NYSE:NIO) is thriving amid the fierce competition. However, prospective NIO stock buyers need to be careful now as the recent news it’s all positive for Nio. Ultimately, there’s a lesson to be
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Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska, May 5, 2019. Nati Harnik | AP Warren Buffett donated more than $870 million in Berkshire Hathaway stock to four family foundations before Thanksgiving, assuring investors in a letter that the conglomerate is “built
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