A Roth individual retirement account (IRA) is a retirement savings account that a person can contribute to each year and, under certain circumstances, funds can be withdrawn tax-free. The money saved in a Roth IRA can be invested in financial instruments, such as equities, bonds, or a savings account. Contributions to a Roth IRA are
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In this article TSLA AAPL Closely watched money manager Cathie Wood told CNBC on Wednesday that Apple could have owned the driverless vehicle market by purchasing Tesla when given the chance during the electric vehicle maker’s troubled Model 3 ramp-up. “We’ve been watching Apple very carefully for years now. Because what is an autonomous vehicle?
A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Gap, Nordstrom — Shares of Gap and Nordstrom plummeted after the companies reported disappointing quarterly results late Tuesday citing rising labor costs, inventory issues, shopping costs and factory closures as challenges. Gap shares dropped
There’s no doubt that quality growth stocks have been pretty reliable long-term stocks. But times are changing and that’s why it’s always smart to have some rock-solid dividend stocks in your portfolio. Just as reminder of what life is like at the top of markets, in the late 1990s brokers were telling their retiring and
GameStop (NYSE:GME) stock still trades at above its pre-squeeze levels, which is astounding. Source: Shutterstock / mundissima GME stock boasts a year-to-date price return of over 1,035%. Although it is trading considerably below its all-time highs of $483, it still trades at elevated levels. You can buy it today for a little more than $210,
For the past two months, Gevo (NASDAQ:GEVO) has moved sideways, trading between $5 and $8 per share. This comes after GEVO stock tried to bounce back amid news of several promising deals for the renewable energy company, which helped to fuel this. Source: Oleksiy Mark / Shutterstock.com Unfortunately, it didn’t last long. Investors became impatient. Right
Boy, did I take my eye off the rocketship or what? I last wrote about Virgin Galactic (NYSE:SPCE) in mid-May. At the time, SPCE stock was struggling, trading around $17.25. Source: Christopher Penler / Shutterstock.com I suggested that the risk-to-reward of buying at these levels was so much better than when it was trading near
In this article RKLB A look at the company’s production floor shows a series of Electron boosters, with the typical black carbon fiber rockets in the foreground and a metallic-looking reusable booster in the center. Rocket Lab Rocket Lab CEO Peter Beck was once confident that his company would never reuse its rockets like Elon
Shoppers leave a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images Check out the companies making headlines after the bell: Nordstrom — Shares of the department store chain tumbled roughly 20% following its quarterly results. Nordstrom reported earnings of 39 cents per share, well below
It’s fascinating to witness Wall Street turning against telecommunications giant AT&T (NYSE:T) stock. The way they’re treating this iconic company, you’d think AT&T was headed toward zero. Source: Roman Tiraspolsky / Shutterstock.com Of course, that won’t happen anytime soon. Part of the problem is that the market has been rotating out of telecom stocks. This trend,
NerdWallet (NASDAQ:NRDS) completed its IPO on Nov. 8 at $18.00 per share and subsequently, the stock shot up. The company was able to raise $135 million in equity capital, including the brokers’ greenshoe option. As a result, at $27.22 at the close on Nov. 22, NRDS stock now has a $1.8 billion market capitalization. In
After months of consolidation, Bionano Genomics (NASDAQ:BNGO) is breaking down. BNGO stock has plummeted 30% since announcing earnings in early November. While the earnings report was decent, some legitimate concerns and a lack of news continue to weigh on shares. Source: Shutterstock / PopTika I’ll admit the genome analysis company is compelling, but investors should wait
We have a very special guest for you and that is Brent Johnson of Santiago Capital. Brent is best known for his Dollar Milkshake Theory, which is a strong counterpoint to the narrative that the next currency crisis will result in a weaker dollar. Brent’s theory highlights that the opposite might be true. IN THIS
Fisker (NYSE:FSR) announced on Nov. 19 that it won a ZEVAS Award — the zero-emission awards at the Los Angeles Auto Show — for the best crossover vehicle under $50,000. FSR stock jumped more than 5% on the news. This is the latest piece of good news for long-time investors. In the last month alone,
72 The latest reading of the New York City Recovery Index out of a possible score of 100. New York City’s economic recovery index experienced a slight increase the week of Sept. 18, rising from an overall score of 71 to 72 after falling by as much as six points the week before. A partial
NASA’s Double Asteroid Redirection Test (DART) spacecraft is put in the nosecone of SpaceX’s Falcon 9 rocket in preparation for launch. Ed Whitma / Johns Hopkins APL / NASA Elon Musk’s SpaceX is set to launch a first-of-its-kind planetary defense mission for NASA in the early hours of Wednesday morning, sending the spacecraft on its
In this article ANF ZM WDC BBY A view of a Best Buy retail store on August 29, 2019 in San Bruno, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading Tusday: Occidental Petroleum, APA Corp — Energy stocks gained after the White House announced the U.S. will release
Tech stocks have traditionally been associated with growth, not income. While this reputation is still true on the whole, there are now many top tech stocks that are dividend stocks and pay income to shareholders. Dividend paying tech stocks also offer growth, making them appealing for investors looking for a blend of growth and income.
Although Gevo (NASDAQ:GEVO) made a few positive deals recently and it could benefit from multiple government initiatives, the company is still facing difficult hurdles. Moreover, the valuation of GEVO stock remains elevated, given the company’s uncertain outlook. Source: Scharfsinn / Shutterstock.com As a result of the company’s challenges and weaknesses, along with its high valuation,
This is big news if you’re a fan of investor Cathie Wood. Reportedly, Wood’s company, Ark Invest, on Oct. 27 purchased more than 2.1 million shares of online mobile gaming technology platform Skillz (NYSE:SKLZ). So does Wood’s move mean that you should buy SKLZ stock, too? Source: NYCStock / Shutterstock.com Not necessarily. Every investor has different reasons