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In this article ENV Follow your favorite stocksCREATE FREE ACCOUNT Goodboy Picture Company | E+ | Getty Images Company: Envestnet (ENV) Business: Envestnet provides wealth management services and software to the investment community. It has an excellent product with 90% retention and secular tailwinds. Envestnet was founded in 1999 by Jud Bergman and Bill Crager.
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It’s getting ugly out there. That’s especially true in the tech sector, where a growing number of companies are undertaking mass layoffs. Heading into the end 0f the year, some technology companies have announced the biggest workforce reductions in their history as their businesses slow and they grapple with ongoing supply chain issues and persistent
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Hydrogen stocks could be some of the most explosive investments of 2023. Goldman Sachs says the hydrogen space could be a $12 trillion market by 2030. Analysts at Bank of America say green hydrogen could be worth more than $11 trillion by 2050. Morgan Stanley sees a potential $11 trillion hydrogen opportunity, too. Even the International
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On today’s show, Preston and Stig bring back the CIO of CrowdStreet, Mr. Ian Formigle, who will talk about the COVID-19 impact on real estate. Ian has over 24 years of experience in the Real Estate market, while his company has over 400 offerings with over $13 billion in commercial real estate. IN THIS EPISODE,
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The LGBTQ social networking platform Grindr puts on a public show outside of the New York Stock Exchange (NYSE) as the company goes public following its merger with special purpose acquisition company (SPAC) Tiga Acquisition Corp. on November 18, 2022 in New York City. Spencer Platt | Getty Images Traders, bank workers and tourists weren’t
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Bloomberg Law recently discussed the global mergers and acquisitions (M&A) market. Their analysis pointed out that even though the 2022 M&A volume is down from a record number of transactions in 2021, the potential deals in 2023 could be pretty standard relative to the pre-pandemic volume.  “This year’s total M&A deal volume was $3.1 trillion
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The year has been disappointing for growth stocks after big returns in 2021. It does not come as a surprise with earnings growth expectations being revised. Inflationary pressure also added to the woes, with policymakers pursuing an aggressive contractionary monetary policy. However, growth stocks have discounted multiple macroeconomic headwinds. After a deep correction, growth stocks
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There’s a good-news, bad-news situation with China-based electric vehicle (EV) manufacturer Nio (NYSE:NIO). The bad news is that some analysts reduced their price targets on NIO stock, and the company’s financial stats have some sore spots. Yet, there are also some highly encouraging data points to consider. Furthermore, potentially positive news from China could benefit Nio
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You can live without an iPhone. You can live without a new house. Even the latest Hollywood thriller isn’t something that’s absolutely necessary. However, you can’t live without food – and that’s what makes food stocks a key investing priority of long-term conservative types. Food companies are the ultimate value stocks, given that they’re consistently
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In a market like this, you always can find dividend stocks to buy. If you’re like most investors, you probably can’t wait for 2023. History books will show that 2022 was a huge disappointment for the stock market, although it did create some compelling opportunities for top-tier dividend stocks. First of all, dividend stocks are
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Without a doubt, the fate of Meta Platforms (NASDAQ:META) stock rests in the hands of its founder and CEO, Mark Zuckerberg. Going forward, META will have to be on board with Zuckerberg’s insistence on morphing Meta into a metaverse business. Before taking a position, however, financial traders should carefully read the CEO’s seemingly apologetic message to
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