Home décor e-tailer Wayfair (NYSE:W) stock is up more than 240% so far in 2020. But with heavy competition from more established e-commerce names, should investors be taking their profits now from Wayfair stock? Source: Jonathan Weiss / Shutterstock.com Not by a long shot. Wayfair is an up-and-coming name in the e-commerce space. And with
Month: October 2020
Exxon Mobil (NYSE:XOM) shares are down 52% in 2020. With Exxon Mobil stock now trading at just 21 times forward earnings with a 10.5% dividend, a new debate is raging. Is Exxon one of the highest-yielding blue chip stocks on the market? Or is its 10% yield the bait for the market’s biggest value trap?
So far, 2020 has been a rough year for the vaping industry and vaping stocks. First, the Food and Drug Administration (FDA) moved early this year to issue a ban on many flavored vaping products, including fruit and mind flavors. This decision was made to curb a surge in teen use of vaping products. Then
CNBC’s Jim Cramer said Monday that he thinks the stalemate in coronavirus stimulus discussions could be close to breaking, potentially giving a boost to stocks. “Talks this morning could be fruitful, and I think that therefore I wouldn’t bet against this market right now,” Cramer said on “Squawk on the Street.” House Speaker Nancy Pelosi,
A technician prepares a flow cell slide for loading onto a genetic sequencing machine at a Regeneron Pharmaceuticals laboratory at the biotechnology company’s headquarters in Tarrytown, New York Mike Segar | Reuters Check out the companies making headlines in midday trading. Regeneron — Shares of the biotech company rose 5.9% after President Donald Trump used
So much has happened in 2020, and the ripple effects will be felt for years. And while the tragedy of this virus cannot be overstated, there are some economic bright spots that came about because of it as well. Among those pandemic-proof stocks, e-commerce and cloud computing companies have led the pack. One segment of
The question that many analysts and investors are grappling with is whether this is a bubble or a justified “new normal” of heightened valuations?
Whether you’re in a buyer’s or a seller’s market, you’ll want to buy a home as soon as you come across the right one. But it’s not always that simple. There are many financial issues that will determine whether you’ll be able to purchase the house, as well as the terms of your mortgage. Knowing
Of the four largest Cloud Czars, Alphabet (NASDAQ:GOOGL) stock is the cheapest. Source: rvlsoft / Shutterstock.com The artists formally known as Google entered trade Oct. 1 at $1,484 per share, a market cap touching $1 trillion, a price-earnings multiple of 32. Apple (NASDAQ:AAPL) is at 35, Microsoft (NASDAQ:MSFT) at 36, and Amazon.com (NASDAQ:AMZN) at an
While the novel coronavirus pandemic has been a trying time, many Americans are not letting it dampen their spirits. Instead, they’re refusing to let a “good” crisis go to waste. And an example of this dynamic is the volume surge in the markets. Ordinarily, you’d think that the worst pandemic in modern U.S. history would
Disney (NYSE:DIS) has not a good year so far. In 2020 DIS stock is down 13%. The media giant has recently announced it is laying off 28,000 U.S.-based employees in its theme-park division. Source: nikkimeel / Shutterstock.com These theme parks are in California and Florida, two states where the pandemic has significantly disrupted lives. According to
Spencer Platt | Getty Images How can you find compelling investing opportunities in the current environment? With market volatility set to rise in the coming weeks, it’s best to be prepared. October is a notoriously volatile month, and this week’s heated presidential election debate did little to calm the markets — especially with the looming
Take a look at some of the biggest movers in the premarket: Walmart (WMT) – The retailer announced the sale of its British supermarket chain Asda for $8.8 billion. The buying group consists of private equity firm TDR Capital and the Issa brothers, founders of gasoline station chain EG Group. Uber Technologies (UBER) – Private
In the last five years, technology companies have shifted focus. The new normal is to build a subscription-based business that revolves around the cloud. Most mega-tech companies have successfully transitioned … except IBM (NYSE:IBM). So it is not a surprise then to see IBM stock languish so low, comparatively. Source: JHVEPhoto / Shutterstock.com It has
Some people don’t understand that you can actually be a seller of options. They think that you can only buy a put or buy a call, but this is not the case. Just like a car dealer will sell you a car before it’s even in their inventory, you can do the same thing with
Steve Reitmeister shares details from a recent Zacks Rank performance study to help investors set realistic expectations.
For much of the 20th Century, the Soviet Union rivaled the United States in political, military and economic strength. While the central command economy of the Soviet Union was diametrically opposed to the market liberalism of Western nations, the rapid economic development that the Soviets posted in the middle decades of the century made their
What with all the trials under way to produce a vaccine for the novel coronavirus these days, trials of another kind have popped up, enough to make investors ill. Shares in Inovio Pharmaceuticals (NASDAQ:INO) cratered by a third in just 48 hours, beginning on Monday Sept. 28, after news that the FDA halted a planned
Getty Images Oil prices are expected to rise just slightly in the final quarter of the year, held back from further gains by a deep chill in global travel and a still healing economy. Analysts forecast the prices of Brent and West Texas Intermediate should rise to the low to mid-$40s per barrel, but they
Fifth-generation mobile networks are here and the market is huge. According to Allied Market Research, the global 5G technology market will grow from $5.5 billion this year and reach $667.9 billion by 2026. That represents a compound annual growth rate of 122.3%. The massive growth forecast is due to the fact that 5G will radically