An excellent way to find stocks that could double is to look at where smart money investors are putting their capital to work. By identifying which hedge funds have taken large positions in particular companies in recent quarters, or have added to long-standing positions, investors can identify bullish signals about a company’s chances of providing
Month: December 2022
Sitthiphong/iStock via Getty Images Since December 2020, Adyen (OTCPK:ADYEY)(OTCPK:ADYYF) has experienced significant earnings multiple contractions – going from approximately 280 to 70 – reflecting Mr. Market’s negative outlook toward high-growth companies. I believe that Adyen has an outstanding business model and value proposition, which enables merchants to cope with the many pain points that characterize
According to the perma-bulls, Netflix (NASDAQ:NFLX) made a brilliant move in adding commercial-supported membership tiers recently. However, NFLX stock is still far from a real recovery, and Netflix management’s latest ideas aren’t a guarantee of success. Even the much-touted ad-supported service strategy could backfire. People sometimes call Netflix the streaming king, but this is now a
2022 was a terrible year for the stock market. Fortunately for 2023, news of lower interest rate hikes hints at a new bull market. However, with this renewed vigor, investors should look at which companies they should offload before they crash further, especially penny stocks. So I took a quick look at which penny stocks
In this article BX Follow your favorite stocksCREATE FREE ACCOUNT Investors nervous about Blackstone’s real estate investment trust should view it as a long-term vehicle that’s well positioned for the future, the firm’s president said Thursday. Blackstone has taken heat over the past week for limiting withdrawals from the $69 billion private REIT, the Blackstone
In this article COST DOCU LULU Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in after-hours trading. Lululemon – Shares of athletic apparel company Lululemon
While household sentiment regarding financial expenditures slipping to near all-time recorded lows, the idea of top consumer stock picks for 2023 might seem unusually risky. Obviously, though, we no longer live in a society where individual families tended to their own needs. Rather, we outsource many services, choosing instead to align career paths with our
grinvalds/iStock via Getty Images Meta Platforms (NASDAQ:META) has been ridden with multiple dilemmas lately, from Apple’s iOS changes to trying to persuade investors that its metaverse gambit will pay off. A key headwind to its core business has been the rising and intensifying competition within the social media space, not least from Chinese rival TikTok.
Tech stocks, especially those trading at high valuations, have plunged significantly this year amid a challenging macro environment. Recent remarks by Federal Reserve Chair Jerome Powell about slowing down the pace of rate hikes provided some relief to investors. However, Powell cautioned that the monetary policy could stay restrictive until there are signs of inflation
2021 was a tremendous year for semiconductor stocks. The industry enjoyed a record growth spurt as a confluence of unusual events led to a golden age for the chipmakers. Demand surged as consumers were flush with cash and in a mood to buy electronics. The drive toward increased e-commerce, streaming and remote work also powered
A Sheetz customer gets gasoline at a gas station in Plains, Pennsylvania, U.S. October 19, 2022. Aimee Dilger | Reuters Gasoline prices are now cheaper across the U.S. than they were a year ago, and the price per gallon could fall below $3 for most Americans by the end of the year. According to AAA,
With climate change and geopolitical flashpoints converging this year, it may be time for investors to consider the top battery stock picks for 2023. While the process may take longer than many analysts anticipate, at some point, the future of mobility and energy infrastructures will depend on advanced battery technologies. And these ideas just might
Ronald Martinez Investment Rationale The structural demand for more oil and gas supply provides strong tailwinds for Halliburton’s (NYSE:HAL) business, and it is well-positioned to deliver improved profitability and increased returns for shareholders. Halliburton’s stock is outperforming the benchmark index, S&P 500 Index on a YTD, 1-year, and 3-year basis. Like other oil and gas
While the 30 companies listed under the venerable Dow Jones Industrial Average, not all securities can succeed at the same time, necessitating an uncomfortable discussion about which Dow stocks to sell. Given the rough year we’ve had along with a questionable macroeconomic backdrop for next year, investors may want to jettison some problematic market ideas.
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, DC, on Thursday, Oct. 13, 2022. Ting Shen | Bloomberg | Getty Images After a series of crypto-collapses, scandals and bankruptcies, Americans’ views on cryptocurrency have soured sharply, with the
In this article CVNA CPB STT TOL MDB JD Follow your favorite stocksCREATE FREE ACCOUNT A mascot of TripAdvisor is seen at its display at a trade fair. Axel Schmidt | Reuters Check out the companies making headlines in midday trading. Carvana — Shares of the online car dealership fell 42.9% after Carvana’s largest creditors
The Dow Jones Industrial Average is often put on too high of a pedestal by novice investors and ignored by professions. But this year, the Dow is the best-performing index of the four major US indices. That has me making a list of my top Dow stock picks for 2023. Financial headlines often gravitate toward
Evgenii Mitroshin Earthstone Energy (NYSE:ESTE) looks capable of generating close to $400 million in positive cash flow in 2023 at current strip prices if it attempts to maintain production at around 100,000 BOEPD. This would help reduce its leverage to around 0.6x by the end of 2023. Earthstone’s projected near-term cash flow has been reduced
Investors of neo-banking firm SoFi Technologies (NASDAQ:SOFI) jumped for joy after Federal Reserve Chairman Jerome Powell hinted at a less severe interest rate hike this month. SOFI stock spiked, but the party didn’t last long. SoFi Technologies’ shareholders may suffer from a hangover soon as conditions don’t favor the company now. It’s great to be invested
In this article THO TOL PINS CPB Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Campbell Soup (CPB) – Campbell Soup beat estimates by 14 cents with adjusted quarterly earnings of $1.02 per share. Revenue also beat consensus and the food producer said its results were helped by