John Jagerson here. The one positive aspect of a bear market is that valuations are low. As long as traders can focus on the underlying fundamentals and maintain a long-term view, bargains during a bear market can be very profitable. In my and Wade’s view, the best stocks right now are positioned to take advantage
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against the online lender MoneyLion. The federal agency alleges that the lender, which provides interest-free cash advances and other financial products and services, deceived and overcharged military service members and their families, and also lied about customers’ ability to cancel their membership. Key Takeaways MoneyLion
Stocks to sell is a necessary discussion. Although it may feel good to remain loyal to an organization in the hopes of a substantial turnaround, it’s time to let go of some of the weaker entities. Fundamentally, the Federal Reserve plays an incredibly significant role in the red ink. With the central bank raising the
The Fed’s key interest rate target now stands at 3%-3.25%, way up from 0%-0.25% at the beginning of the year. That means, for all companies, borrowing money is becoming much more expensive. As a result, healthcare companies losing a great deal of money will have trouble obtaining new loans they can afford to pay off, and
Source: rhendrikdwenz via Shutterstock [Editor’s note: “5 Reasons ‘Cathie Wood Stocks’ Could Double in 2023” was previously published in July 2022. It has since been updated to include the most relevant information available.] Many of you are familiar with Cathie Wood, the famed stock-picker and founder of ARK Invest. She focuses on investing in disruptive
With the earnings season looming, investors are scrambling to identify the best long-term stocks to buy. Hopes for a soft landing for the economy have largely faded away after the third consecutive 75-basis-point interest rate hike by the Federal Reserve. Meanwhile, other than the energy sector, recession fears have restrained forward-looking guidance for most companies.
There’s no doubt about it: XPeng (NYSE:XPEV) wants the world to know that the company just unveiled a new SUV. That’s all fine and well, but was this event enough to assuage investors’ concerns about XPeng? So far, the answer is no. The Chinese automakers’ dwindling deliveries, along with macroeconomic issues, are legitimate issues and could
Volatility has been an ongoing economic theme this year, with the stock market recently entering bear market territory. If you have concerns about your investments, you’re certainly not alone. Research shows that many investors are anxious about the best ways to manage the risks associated with current market swings. In fact, a recent survey found
Sometimes, it’s hard to know who or what to believe. Such is the case when it comes to the ongoing U.S. Securities and Exchange Commission (SEC) probe into Cassava Sciences (NASDAQ:SAVA). As the biopharmaceutical company contends with data-manipulation allegations, traders have to figure out what to do with SAVA stock. There may be evidence that the
At a time when equity markets are in turmoil, it would be smart for investors to make small bets. These bears have been in charge of late, and the bulls can’t find footing. And until the indices clearly find footing, investors should expect that it continues. Therefore, avoid swinging for bullish home runs so to
Shares of Dow component Nike (NKE) are tumbling after the company released its latest earnings report. The company beat analyst estimates for earnings and sales, but its profit margins took a hit from markdowns to clear out excessive inventory. Higher freight costs and a stronger dollar also weighed on Nike profits. The athletic gear giant
Wall Street is getting ready to welcome the fourth quarter, which will see companies report earnings. Meanwhile, many economists are warning the odds of a recession are increasing. Against this backdrop, investors are searching for the most aggressive growth stocks to buy amid the volatility. According to Golden Eagle Strategies, $100 invested in aggressive growth
In this article NKE MU AMLX RCII Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Nike (NKE) – Nike slumped 10% in the premarket after it reported a 44% increase in inventories for its latest quarter, and said it would offer more discounts heading into the holiday season.
The Dow Jones Industrial Average is down 18.9% year-to-date through Sep. 28. Finding undervalued Dow stocks have gotten a lot easier as a result of the market correction. The question is which of the 30 names to buy before Wall Street catches on. According to Barron’s, the index’s price-to-earnings ratio is 17.15, 26% less than
Many go price hunting during a bear market. However, I prefer hunting for total return. After a severe market drawdown, high-dividend-yielding stocks could set you up for early retirement. Nonetheless, examining which stocks will sustain their dividend payouts is critical. I generally prefer scanning for best-in-class assets and counter-cyclical companies as they’re more likely to
If you love tech stocks, this hasn’t been your year. But that doesn’t mean you shouldn’t be looking at the top tech stocks to buy for the fourth quarter. Yeah, the sector is taking a beating, and that’s best reflected in some of the major exchange traded funds that hold tech stocks. The Technology Select
The Charging Bull, sometimes referred to as the Wall Street Bull, is a three-and-a-half-ton bronze sculpture from artist Arturo Di Modica that sits proudly in New York City’s financial district. The bull symbolizes “the power of the American people” and represents the spirit of New York, where anyone can come, work hard and succeed. The sculpture
Victims of Hurricane Ian in Florida now have until Feb. 15, 2023, to file their 2021 federal individual and business tax returns. The Internal Revenue Service (IRS) says that the tax relief postpones various tax filing and payment deadlines that occurred starting on September 23, 2022. The filing extension is only available to taxpayers who
San Francisco-based DocuSign (DOCU) enables individuals to affix their digital signatures on documents using its secure electronic signature technology and digital transaction management services. It facilitates the exchange of contracts and authorized documents electronically and securely. It also offers electronic authentication of entities, individuals, and documents, as well as the management of user identity and workflow
Your net worth is simply the dollar amount of all of your assets minus all your debts. If your assets exceed your liabilities, you end up with a positive net worth. Conversely, if your liabilities are greater than your assets, you will have a negative net worth. For certain applications, this basic net worth calculation