Tesla (NASDAQ:TSLA) stock is down roughly 38% year-to-date. With interest rate hikes set to continue and the economy seemingly on edge that would seem to imply Tesla share prices ought to fall further, right? I’m not so sure because I see multiple signs that indicate reason for optimism. Ticker Company Current Price TSLA Tesla, Inc.
Pro athletes often come under fire for making too much money. Yet a surprising number are far from the top of their game when it comes to managing their wealth. A 2009 Sports Illustrated report estimated that 78% of National Football League (NFL) players file for bankruptcy or are experiencing financial stress only two years
[“Power Through a Possible Recession With Growth Stocks” was originally published on May 13, 2022. It has since been updated and republished.] Lately, the stock market has been getting crushed. It’s clear that we’re in the middle of a bear market. And it seems likely that the U.S. will see a recession within the next 12
Running with the “in crowd” can be disastrous. In this case, we’re talking about stocks to sell, and not good kids who fall in with popular students who lack bright futures. The danger here isn’t heading down the wrong path and squandering one’s future potential. Instead, the in crowd here relates to stocks that have
Source: Ringo Chiu / Shutterstock.com The last time I wrote about Mullen Automotive (NASDAQ:MULN) in May, I said MULN stock was barely trading over $1 for a reason. The California-based electric vehicle startup had just released a positive update about its ongoing battery testing. I warned investors not to take the bait. Since then, MULN stock is
In this article NTAP ORCL IHS BAC AAPL Apple CEO Tim Cook speaks during Apple’s annual Worldwide Developers Conference in San Jose, California, June 6, 2022. Peter Dasilva | Reuters It’s just about the middle of the year, and there’s no end in sight for stock market volatility. Investors, already reeling from sharp declines in
Intel (NASDAQ:INTC) stock recently hit a new 52-week low as tech stocks have been hit hard due to a gloomy market outlook. Most high-beta technology stocks have plummeted recently due to a fear of yield curve inversion, which is a leading recession indicator. In addition, risk-aversion is causing all kinds of problems, causing many new
Looking under the hood of Mullen Automotive (NASDAQ:MULN) does not make me, to say the least, very confident in MULN stock. One of the company’s greatest achievements is supposed to be the electric-vehicle battery that it has produced. According to Mullen, its battery can deliver more than 600 miles of range. That number is, as
Costco (NASDAQ:COST) has been one of the best brick-and-mortar operators over the past two years. The retailer ran its stores impeccably during the pandemic. Amid a period of unprecedented supply chain disruption and labor force uncertainty, Costco has run a tight ship. This has allowed it to post an impressive string of double-digit top-line sales
Thinking about graduate school? As if figuring out what to do isn’t tough enough, it’s even tougher to figure out how to pay for it. Depending on the program, graduate school education can cost close to six figures. Even with scholarships and grants, grad students often rely on student loans to get by. Unfortunately, after
San Francisco-based Airbnb (NASDAQ:ABNB) provides the go-to home-sharing and homestay network for many travelers. There’s a lot going on with the company now. Some of what you’ll hear about Airbnb might not sound positive at first, but it’s important to get the full story. In the end, there’s still a compelling argument to buy ABNB stock. Top
If I had to describe Teladoc Health (NYSE:TDOC) in one word, I’d use unhealthy. And since its shares also look unhealthy right now, I have a very bearish view of TDOC stock. The technical analysis of Teladoc stock does not show any signs of a rebound, and the fundamentals are so weak that even a
Tesla (NASDAQ:TSLA) stock is in a bit of a tailspin recently. Since topping $1,200 per share last fall, Tesla shares have fallen to the mid-$600 range per share today. Despite that recent decline, however, the stock has still rallied tremendously over a longer term horizon. As a result, Tesla’s management announced a forthcoming three-for-one stock
In this article SGEN UTZ 9618-HK The Kroger supermarket chain’s headquarters is shown in Cincinnati, Ohio. Lisa Baertlein | Reuters Check out the companies making headlines in midday trading Friday. Seagen — Shares of the biotech company surged more than 16.1% following a Wall Street Journal report that pharmaceutical company Merck is considering buying Seagen.
These six tech stocks can be counted on to move higher over the next 12 months. This is due to the quality of their earnings, dividends, and free cash flow, pushing their target prices higher. It turns out technology companies can avoid the worst effects of a recession, especially if they are not related to
High-yield dividend stocks offer a stable passive income stream for long-term portfolios in times of rising volatility. It’s not unusual for investors to search for the best dividend stocks to buy, with the markets struggling to gain value. Dividend stocks belong to businesses with safe and reliable operations. So far this year, we have seen
Shopify (NYSE:SHOP) stock was a pandemic darling, but 2022 is neither 2021 nor 2020. SHOP stock commanded more than $1,600 at its height but now has fallen well below pre-pandemic prices. That might make them appear to be a bargain but poor performance and other factors suggest investors should steer clear. It has to be
Inflation, interest rates and recession risk have knocked stocks lower again. Alongside stocks, the crypto and non-fungible token (NFT) markets have cratered, too. Yet this latest market meltdown has only had a moderate impact on GameStop (NYSE:GME) stock. What gives? The long side has seemingly regained the upper hand. They bid up the stock post-earnings,
Interest rates affect the decisions you make with money. Some of these are obvious – think about how much more money you would stick in your savings account if it paid 15% interest instead of 0.5%. How much less money would you put into stocks or your 401(k) if you could get 15% in a
Federal Reserve Chairman Jerome Powell adjusts his tie as he arrives to testify before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on Capitol Hill in Washington, July 15, 2021. Kevin Lamarque | Reuters Wall Street and the Federal Reserve appeared to enter a new