Apple (NASDAQ:AAPL) got the wind knocked out of its sails last week when KeyBanc Capital Markets analyst Brandon Nispel downgraded AAPL stock from Overweight to Sector Weight, the equivalent of Buy to Hold. It wasn’t a big deal as Apple finished the week up nearly 4%. However, since hitting a 52-week high of $198.23 at
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Undeniably, the innovation space has been the darling of Wall Street, although shifting sands may prompt a discussion about tech dividend stocks. The tech-centric Nasdaq Composite index gained over 29% since the start of the year, well above the benchmark S&P 500’s performance of under 13% during the same period. Still, harsh realities cannot be ignored.
The tech sector has been hit hard by the market volatility and the uncertain macroeconomic outlook in September 2023. Many investors have been selling their tech stocks. Investors fear that the high valuations are unsustainable and that the growth prospects are dimming. However as the popular saying goes, “be greedy when others are scared.” Not
October has just begun, but this month is already shaping up to be scary. The S&P 500 closed last week roughly where the month started, but geopolitical turmoil, economic unease and more are combining to spook markets and investors. Macroeconomic and market-wise risk aside, some companies are susceptible to today’s news and landscape. Those, of
Salesforce (NYSE:CRM) is one of those stocks with a long-term stock chart investors drool over. Around 20 years ago, shares of CRM stock changed hands at a split-adjusted $3 per share. Today, those same shares are worth more than $200 apiece. That’s the kind of capital appreciation most long-term investors are after, and it’s why Salesforce
Uncertainty abounds in the market right now. Whether driven by fears tied to surging inflation, rising interest rates, or geopolitical turmoil, investors have plenty to consider moving forward. This may mean that investors are focused more on stocks to sell rather than stocks to buy at this point in the economic cycle. Indeed, bearish reasons
It’s that time of year again. Nope, not fall or autumn. It’s pumpkin spice latte season. Everyone’s favorite PSL can come in varying forms and from varying chains. We’ll get to a few of the key players in the world of coffee in a minute. However, for investors looking at ways to construct their portfolios,
Instacart (NASDAQ:CART) is an online grocery delivery platform that went public on Sept. 19 at $30 per share, valuing the company at $39 billion. The initial public offering (IPO) was one of the most anticipated of the year, as Instacart had benefited from the surge in demand for grocery delivery during the pandemic. However, the
The USS Truxtun (DDG-103) destroyer sits in dry dock at the General Dynamics Corp. NASSCO shipyard facility on the Elizabeth River in Norfolk, Virginia, on Jan. 9, 2018. Luke Sharrett | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Spotify — Shares of the music streaming service company fell 2.5%
Editor’s note: “Wall Street’s Favorite AI Stock Is About to Plummet” was previously published in September 2023. It has since been updated to include the most relevant information available. Ask any investor what the top AI stock to buy these days is, and they’ll likely tell you that the safest bet is Nvidia (NVDA). After
The oil market has been on a roller coaster ride in the past few years, with prices fluctuating wildly due to various factors such as pent-up travel demand post-COVID and geopolitical tensions between Western nations and Russia. While crude oil prices are expected to rebound in the second half of 2023, thanks to OPEC+ production cuts
For the first time in a long time, AMC Entertainment (NYSE:AMC) had a winning week in the markets, gaining nearly 16% for the week ending Oct. 6. Given its shares have lost more than 85% of their value over the past year, it’s much-needed relief for AMC stock. Driving AMC’s recent bullishness was the Oct.
It can be fun to speculate on short-squeeze stocks. When the stars align just right, these heavily bet against companies can see their shares skyrocket, leading to tremendous gains for shrewd traders. However, most of the time, traders should probably be looking to sell potential short-squeeze stocks. After all, bears usually take interest in companies
The electric vehicle industry appears to be a winner-take-all market. At least that’s what Wall Street seems to think. Just look at the performance of other auto stocks. Shares of Elon Musk’s Tesla (NASDAQ:TSLA) have doubled this year. Tesla’s market capitalization is more than $800 billion, dwarfing the values of General Motors (NYSE:GM), Ford (NYSE:F),
In this article DIS ZS XOM SPOT OWL Follow your favorite stocksCREATE FREE ACCOUNT An Exxon gas station sign in the Brooklyn borough of New York City, Oct. 6, 2023. Michael M. Santiago | Getty Images Check out the companies making headlines before the bell: Walt Disney — Shares of the media giant rose more
Like many analysts I have been high on SoFi Technologies (NASDAQ:SOFI) stock since it came public in 2021. I even bought some. It’s been a loser. Bloggers are still bullish on SoFi, more so than on the average tech stock. Here’s the problem, however. SoFi isn’t a tech stock, it’s a financial stock that uses
I must give credit where it’s due. Global movie-theater chain AMC Entertainment (NYSE:AMC) is getting creative with its efforts to generate revenue. Yet, I still expect AMC stock to lose value throughout the rest of 2023. I’m sure I’ll incur the wrath of AMC Entertainment’s loyal shareholders (a.k.a. the “Apes”). However, the truth must be
If you’re holding F-rated stocks in your portfolio, I’ve got one question for you. Why? Why would you subject your portfolio and your financial future to F-rated stocks that are more likely to drag your earnings down than build them up? As we cruise through October and the first part of the fourth quarter, it’s
The transformative power of artificial intelligence (AI) — with regards to drug makers and banks to oil companies to every firm that carries out intensive sales activities — is widely known. Yet in spite of all of these points, it appears that the Street — which has been much more focused on a one percentage point
While targeting small-cap stocks to buy might not be the go-to recipe for predictable and consistent market success, in some cases, you just have to do what you have to do. Think of it this way. Will a quarterback in a championship game huddle up before every play when the team’s down a score late?