Early last month I wrote that Exxon Mobil (NYSE:XOM), then trading for $60.14, was worth at least 25% more at $75.19. At the time, XOM stock had a 5.76% dividend yield and traded for 16 times forward earnings. Source: Michael Gordon / Shutterstock.com The good news is that Exxon is now cheaper at $55.10 as
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Cassava Sciences (NASDAQ:SAVA) is a biotech company with an important goal: fighting Alzheimer’s disease. It has several treatments in development, but is SAVA stock worth adding to your portfolio? Source: Shutterstock Obviously, I want this company to succeed; I witnessed a family friend’s battle with Alzheimer’s disease, and I would love for Cassava to succeed
Poshmark (NASDAQ:POSH), the new and second-hand clothing online store, produced excellent earnings for its second quarter ending June 30 on Aug. 10. With that in mind, here is the bottom line: POSH stock is worth at least 55% more at $41.20, compared to its price as of Aug. 21 of $26.53. Source: NYC Russ /
One way to get leverage to the price of Bitcoin (CCC:BTC-USD) is by owning shares of a mining company like Bit Digital (NASDAQ:BTBT). The shares are easily affordable, and BTBT stock is definitely a fast mover. Source: Shutterstock Of course, with fast movement comes heightened risk. It’s wise to reduce one’s position size when the potential for
Eric Glyman and Karim Atiyeh, cofounders of corporate card startup Ramp Corporate charge card start-up Ramp has more than doubled its valuation since its previous round just five months ago amid torrid revenue growth and strong demand for fintech investments. Ramp is raising $300 million in a Series C round at a $3.9 billion valuation,
Take a look at some of the biggest movers in the premarket: Best Buy (BBY) – Best Buy shares rallied 4.3% in the premarket after the electronics retailer beat estimates on the top and bottom lines for the second quarter. Best Buy earned $2.98 per share, compared to a $1.85 a share. consensus estimate. Comparable-store
After months of turmoil, AT&T (NYSE:T) stock looks to have bottomed and is finally trending higher. Source: Jonathan Weiss/Shutterstock The iconic American company that is today the world’s biggest telecommunications company and the largest provider of mobile telephone services in the U.S. has struggled this year as its stock price has endured a roller-coaster ride
AT&T (NYSE:T) announced on May 17 that it would spin-off its WarnerMedia subsidiary and merge it with Discovery Communications (NASDAQ:DISCA, NASDAQ:DISCB, NASDAQ:DISCK) to create another massive media conglomerate. T stock has lost 13% of its value in the three months since. Source: Shutterstock In 2021, AT&T’s stock has traded below $30 for all but a
InvestorPlace’s Brenden Rearick reported on Aug. 17 that Renaissance Technologies upped its stake in AMC Entertainment (NYSE:AMC) in the second quarter by 260%. The hedge fund now owns more than 1.8 million shares of AMC stock. Source: Helen89 / Shutterstock.com Jim Simons, the billionaire who runs the hedge fund, seems to be saying yes to
Preston Pysh talks with Bitcoin influencer, Croesus, about his articles on Bitcoin’s adoption curve and value proposition. IN THIS EPISODE, YOU’LL LEARN: – Why the yuppie elite do not get Bitcoin – Unit Bias – The two types of models to understand the value of Bitcoin – Why the digital revolution has two parts –
Welcome to Traders TV Tuesday and today we have a question from Paul that asks “Do you need to go to school or have a college degree to become a successful stock trader?” Well, Paul if you’re talking about the traditional sense in terms of education which I assume you are, you don’t need to
The FAANG stocks are hitting new all-time highs going into their earnings reports. Netflix leads off the group. Can they keep their momentum?
Oil generates revenue for countries with enough oil reserves to produce more than their domestic consumption. And for those economies that are heavily dependent on imports, oil expenditures must be factored into national budgets. Not surprisingly, events like unrest in oil-producing regions, new oil field discoveries, and advances in extraction technology profoundly affect the oil
Companies rushed to have their employees work from home as governments imposed locked downs. This led to a goldrush in stay-at-home investments, particularly for technology firms. Software companies that enabled virtual meetings and remote working flourished while other sectors floundered. Now that countries in the developed world have rolled out vaccinations, investors should consider hot
In this article HOOD MRO BA SPCE PFIZER-IN A Boeing 737 MAX 10 airliner pauses while taxiing on the flight line before its first flight at Renton Municipal Airport on June 18, 2021 in Renton, Washington. Stephen Brashear | Getty Images Check out the companies making headlines in midday trading. Boeing — Shares of Boeing
Healthcare REITs have dramatically underperformed the broader market over the last 12 months due to the impact of the coronavirus crisis on their business. However, investors should not dismiss these stocks, particularly given that the broad market has doubled off its bottom last year and is now trading at a rich valuation level. While healthcare
A spate of positive developments may be helping to keep AMC Entertainment (NYSE:AMC) stock steady. But should investors take this as a sign that it’s wise to buy in now, ahead of this “meme stock” favorite of the Reddit trading community surging higher once again? Source: viewimage / Shutterstock.com Not so fast. Its recent resiliency
At the end of June, I wrote about Ocugen (NASDAQ:OCGN) and OCGN stock. I said that at $8.35, it was ridiculously overvalued. I also said if it were worth $8, I’d eat my hat. Source: Shutterstock Naturally, once OCGN stock blew through $8 on Aug. 9, I’d hear from the peanut gallery about my statement.
Luminar (NASDAQ:LAZR) stock dropped last week, but it really shouldn’t have. For one, LAZR stock reported blowout second-quarter earnings — management raised the 2021 guide for revenues, order book, growth and commercial contract wins. Source: JHVEPhoto/shutterstock.com Here are some key takeaways from Luminar’s second-quarter earnings: The company hiked its 2021 revenue guide up to $33
In this article NGCA BA The modified 737 aircraft “Cosmic Girl” lifts off from Mojave Air and Space Port in California carrying a LauncherOne rocket on June 30, 2021. Virgin Orbit Virgin Orbit, the satellite-launching spinoff off of Sir Richard Branson’s Virgin Galactic, is preparing to go public, announcing Monday that it will merge with a SPAC