After hitting a 2023 high of nearly $9.75 per share on June 14, SoFi Technologies (NASDAQ:SOFI) stock was hit by bearish analysis that had brought it down closer to $8. The market cap on the online banking company was still $7.8 billion, five times more than the $1.57 billion of revenue it had last year,
Years ago, when I started writing about investing, I developed a concept called “Everyday Investing,” an idea borrowed from Peter Lynch’s belief that investors should buy what they know. In April 2019, I selected eight stocks whose products America loves. Except for Walt Disney (NYSE:DIS), these high-potential consumer stocks have advanced in the four-plus years
Since the pandemic onset, student loan payments have paused, with interest rates at 0%. However, these payments will restart in late August, affecting consumer spending. This has led to the rise of stocks to avoid when loan payments resume. Student loan borrowers will face increased monthly expenses. Some may need to reduce spending, impacting certain
In the investing world, large investors such as hedge funds and private equity firms carry tremendous power to make or break a company. When a small or micro-cap stock gets backing from some large investment entity, it typically causes a massive shift in the company outlook. It gets eyes on it from prominent retail investors
As much as some institutions like to argue that lithium supply will outweigh demand, it’s not happening. At least, not anytime soon. In fact, lithium producers just warned global supplies may not meet electric vehicle demand at all. This could significantly impact our millionaire-maker lithium stocks below. For example, Albemarle (NYSE:ALB) expects demand to exceed supply
Before you make any decision about these undervalued REITs, first rest assured that I’ll only be delivering facts to the table. Not only can you trust that these investment ideas are actually undervalued by a commonly gauged metric, but each of them also features overall bullish analyst support. This way, you’re improving your odds of
Countries across the world are moving towards electric vehicles to build a cleaner and greener future. Currently valued at over $250 billion, the EV market is projected to reach $561 billion this year and the market unit sales are expected to hit 17 million by 2028. While the electric vehicle industry suffered from a slump
On today’s show, Preston and Stig have value investing expert, Vitaliy Katsenelson, to talk about market cycles and investing with the fundamentals. IN THIS EPISODE, YOU’LL LEARN: – Why value investors don’t understand how Warren Buffett does factor in macroeconomics events – The biggest misperception of dividend investing – How to measure value in growth
In this video, I want to share with you exactly behind What the Butterfly is when it comes to Trading Options and why you may want to trade the Butterfly. The Butterfly’s just a fancy name for a type of spread because it looks like a butterfly. You can trade a butterfly to the upside
To be completely straightforward, many if not a small majority of retail investors love speculating, making the concept of small-cap stocks analysts love incredibly relevant. Using a baseball analogy, betting on small-capitalization firms is akin to swinging for the fences when the bases are loaded. Basically, you’re going to attempt to win the game right
Dave Bartosiak goes over the S&P 500 chart. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
While the concept of best beauty stocks might not arouse any particularly strong emotion, the basis for the current bullish thesis might. Yes, I’m talking about the dreaded return to the office. Peruse public forums and various social media channels and you’ll be inundated with self-proclaimed stories about increased productivity. Certainly, remote workers are not
With investors looking for growth wherever they can find it, it’s a good time to look at penny stocks to watch in 2023. Granted, penny stocks carry a higher risk than blue-chip stocks, but they also carry the potential for outsized returns. These stocks can move quickly on little to no news. And to be
Year-to-date, market indices have rallied significantly, led by the magnificent seven. As of this writing, the Nasdaq 100 is up 36%, whereas the S&P 500 is up 13%. Despite the rally in the indices, not all stocks have participated. 2022’s winning sectors have been laggards and are reasonable hunting grounds for bargain stocks for 2023. In the first half, market
Given the riskier and more speculative nature of small-cap stocks, if you own a stock in this category, it’s important to keep an eye out for signs that said name has become one of the small-cap stocks to sell. A key warning sign to look out for is insider selling. That is the selling of
At first glance, the thought of acquiring discretionary retail plays – even the ones labeled as the best consumer cyclical stocks – may seem daunting. Sure, the May jobs report came in much hotter than anticipated, which on the surface bodes well for sentiment. However, some nuances shouldn’t be ignored. Yes, hiring jumped but so
The meme stock craze was an exciting and crazy time for investors. Fortunes were seemingly won and lost as retail traders pushed the shares of struggling companies to unsustainable levels through coordinated short squeezes. Professional short sellers on Wall Street lost billions of dollars and some were pushed to the brink of collapse by the
According to Finviz.com yesterday, 119 S&P 500 stocks were trading within 5% of their 52-week high. While I won’t go through all 119 to list stocks reaching record highs, I will deliver three possibilities. On Jan. 4, 2022, the index hit an all-time high of 4,818.62. It’s currently trading at 4,367.36, or 9.3% below its
Finding millionaire-maker blockchain stocks can be tricky. Blockchain stocks include all companies investing in the distributed ledger technology. The blockchain allows records to be kept in a decentralized manner and is deeply associated with cryptocurrency overall. There are hundreds of smaller firms and stocks that are associated with the blockchain. They apply all kinds of
Earnings continue to be a significant driver of the impressive price performance we’ve seen thus far this year. A strong earnings beat and raised forward guidance (known as a “beat and raise”) continues to send various companies’ stock prices skyward. For example, Nvidia (NASDAQ:NVDA) stock surged 26% after impressive earnings, while Intel (NASDAQ:INTC) stock plummeted following its