Customers shop for produce at a supermarket on June 10, 2021 in Chicago, Illinois. Scott Olson | Getty Images Inflation in July is expected to be its hottest since the start of the pandemic, suggesting that the sharp rise in consumer prices has reached its peak, economists say. Economists expect to see an increase in
In this article FUBO COIN POSH Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in after-hours trading. Poshmark — Shares of the retailer dipped nearly 7% in
In this article WW COIN LUV PRGO WEN GOOS-CA Check out the companies making headlines before the bell: Canada Goose (GOOS) – Canada Goose lost 45 cents per share (Canadian) for its fiscal first quarter, smaller than the 53 cent loss that analysts were anticipating, while the outerwear maker saw better-than-expected revenue as well. However,
Last Friday, I told you that – while electric vehicles are poised to take over the world – most electric vehicle (EV) startups will fail. The logic is simple. There are hundreds of EV startups out there today. Yet, history and common sense tell us that, when all is said and done, the electric vehicle
Shopify (NYSE:SHOP) stock has solid financial and the company continues to dominate the market and expand its merchant base. These are just the base factors that have pushed SHOP stock higher. Source: Beyond The Scene / Shutterstock.com Of course, they’re not alone. Tech stocks are gaining popularity in the post-covid world. Despite the pandemic, tech
Nio (NYSE:NIO) stock is still one of the hottest electric vehicle plays. Source: xiaorui / Shutterstock.com The last time I offered my opinion on the stock, I said I’d like to see NIO back to $67.50 long-term as company deliveries explode higher. That was on July 15 as NIO stock traded around $43. It hasn’t moved
An investment into Corsair Gaming (NASDAQ:CRSR) stock is worth a serious look. It isn’t a definite buy as the gaming company does face challenges, but there’s plenty of upside. CRSR stock now hovers just above its year-to-date low, last week’s $26.16 a share. Source: Rawpixel.com/Shutterstock.com The company is clearly in a strong growth environment. So,
There is a lot of reason to be bullish on Novavax (NASDAQ:NVAX) stock. No, the company’s Covid-19 vaccine has not been granted FDA approval. But that truth in combination with delta variant concerns and international sales prospects make Novavax powerful. Source: Ascannio/Shutterstock.com Novavax burst onto the scene in a major way back in the summer
Back in May, I wrote that Senseonics (NYSEAMERICAN:SENS) stock was likely to rise from $1.80 to over $3.00 per share. Now this has happened; on Aug. 9, SENS stock closed at $3.25 per share. Yet, it still looks like a good buy from here. Source: Minerva Studio / Shutterstock.com Why? Well, for the past three
August marks the end of summer for many students and the start of a new school year. After the winter holidays, the back-to-school season is the second-most important shopping season for retailers. As a result, retail stocks are poised to gain handsomely during this time. According to a forecast from professional services firm Deloitte LLP,
Since trading began on Aug. 4, Novavax (NASDAQ:NVAX) has risen and fallen dramatically multiple times, starting about 28% higher at the start of Aug. 11. As a result, it seems the tight range NVAX stock has been trading in is about to go by the wayside. Source: Ascannio/Shutterstock.com However, if it wants to return to
Investors have been bullish for at least three years. Much of the credit goes to the Federal Reserve. As it is, Wall Street has a habit of overshooting in both directions. So it is not a surprise to see markets break records about breaking records. Today we will illustrate that over-reaction point with Uber (NYSE:UBER) stock.
ViacomCBS (NASDAQ:VIAC) should be a wildly profitable investment. It isn’t one. The best trade on this stock over the last year was a short. If you borrowed shares to sell during its January and February run-up, you prospered after Archegos Capital collapsed. Source: Jer123 / Shutterstock.com Viacom shares started August 2 near the level they
The U.S. economy is back in growth mode and unemployment is falling despite the lingering threat of the Delta variant. This bodes well for the nation’s restaurant stocks, which were hit especially hard by the pandemic. Restaurant stocks have notched impressive returns in the past several months and are primed for further growth as the
Investing in companies with competitive advantages and sustainable dividend payouts is one of the best ways to generate long-term wealth creation. So, what’s a great place to start when looking for high-quality dividend growth stocks? To me, you can’t go wrong with the Dividend Aristocrats, an exclusive group of 65 stocks that have at least
If you’re in the market for an investment that could last for generations, I invite you to consider Wells Fargo (NYSE:WFC) stock. Source: Ken Wolter / Shutterstock.com It’s a banking giant that seems to respect the WFC stockholders – even if Wells Fargo’s reputation with its customers isn’t perfect. You may have heard allegations about the
The stock market has been incredibly volatile in the past couple of months. Investors are anxious about a marked increase in Covid-19 cases due to the latest Delta variant. The variant has become a dominant strain even in countries with high vaccination rates. Moreover, the recent disappointing jobs data has also led to a slowdown
Companies that have an economic moat have a competitive advantage over their rivals. Just as a physical moat protects a castle or fortress from outside threats, a moat around a company insulates it from threats posed by competing firms and economic conditions. While this can be an appealing feature for a company to have, antitrust
Every time that I’m asked to write about Ocugen (NASDAQ:OCGN) I must remind myself that OCGN stock was caught up in the meme-stock craze earlier this year. And with short interest in the stock still above 20%, I suppose there are several traders who have little choice other than to hold on and hope for the
Chinese stocks that ended up being targeted by Beijing have been pummeled in recent weeks. But after China’s government tried to reassure companies and investors that it was not trying to decimate the country’s stocks, some on Wall Street seem to believe that the government was giving the “all-clear” sign. But I don’t think that’s