After its merger with Livongo, Teladoc (NASDAQ:TDOC) has been a volatile but profitable stock. However, after TDOC stock has pulled back, there is a bargain to be had. Source: Piotr Swat / Shutterstock.com As of close on Mar. 8th, shares have fallen more than 40%. That gives us a great opportunity to finally allocate some
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There are various reasons for asset markets trending higher after the novel coronavirus pandemic triggered correction. A key reason has been expansionary monetary policies and fiscal policy that supported and revived GDP growth. Easy money has also manifested itself in the form of inflation in various asset classes. As a broad asset class, commodities still
The “Reddit Wars” didn’t end when GameStop Corp. (NYSE:GME), movie theater owner AMC Entertainment Holdings Inc. (NYSE:AMC), BlackBerry Ltd. (NYSE:BB), and other online message board favorites crashed in late January. Source: Shutterstock In fact, as of late, GameStop is making another huge surge. It’s back up to around $200 after falling from $500 to $60 earlier this year.
Pavlo Gonchar | LightRocket | Getty Images Retail investors are continuing to jump into the market in droves even after the dust has settled from the GameStop trading saga. The major online brokers continue to see elevated app downloads, well above levels from last year, according to JMP Securities using SimilarWeb app download data. Millennial-favored
Traders work on the floor of the New York Stock Exchange. NYSE Stock traders don’t normally talk about bond auctions, but all this week the 10-year Treasury auction that will happen on Wednesday has been the main subject of conversation. “It’s been a long time since stock traders have cared about bond auctions,” Matt Maley
Check out the companies making headlines before the bell: General Electric (GE) – GE struck a deal to combine its aircraft leasing unit, GE Capital Aviation Services, with Ireland’s AerCap (AER). It had been reported earlier this week that the two sides were in talks. Separately, GE’s board is recommending a 1-for-8 reverse stock split
Nokia (NYSE:NOK) plans to announcing some major changes on March 18 during its Capital Markets Day event. Let’s hope it comes up with something drastic that will help prevent NOK stock from its constant decline. Source: rafapress / Shutterstock.com The 5G telecom system maker wants to make its strategy more focused and employ a “more rigorous
Sundial Growers (NASDAQ:SNDL) stock is another of the equities that got caught up in the Reddit wars. Source: Shutterstock Fundamentally it shows some real weakness, and I’ve yet to see any really well-thought out arguments that would convince me to consider buying it. Yet, the hype that surrounds it does represent a real opportunity for
In the digital currency mining world, the use of application specific integrated circuits (ASICs) remains a complicated issue. ASICs are chips designed for a specific use (as opposed to general-purpose computers). ASICs can be used for different purposes, such as in satellites and in the transceivers used in cell phones for wireless connectivity. Within the world of
Simultaneously one of the most compelling and frustrating investment opportunities at the moment is Nano-X Imaging (NASDAQ:NNOX). Offering the technology to completely disrupt the medical imaging industry and create new business platforms such as Imaging-as-a-Service, Nano-X could be one of the most significant innovations of our time. Yet someone also needs to tell NNOX stock,
The recent sell-off in the markets was brutal. And much of the pain was with technology and biotech companies. But this may be presenting some interesting opportunities. In fact, this could mean that the timing could be right to consider value stocks. Value stocks have been out of favor for quite some time. After all,
People are seen lining up at a Covid-19 testing site at Mona Vale Hospital on Dec. 18, 2020 in Sydney, Australia. Jenny Evans | Getty Images News | Getty Images Morgan Stanley is bullish on Australia, India and Singapore. The three countries stand out among those in Asia-Pacific that have handled the coronavirus pandemic well,
Customers view merchandise in an experience room at the Sonos store in New York. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines after the bell on Tuesday: Toll Brothers – The home construction company’s shares climbed 2.4% after Toll Brothers hiked its quarterly dividend by 54% to 68 cents per
Technically, undergarment maker Naked Brand Group (NASDAQ:NAKD) is one of the best performers of the year so far. Since January’s opening session, NAKD stock has delivered both longtime shareholders and recent speculators nearly 300%. Source: Shutterstock That’s a bonkers figure, one that takes away some of the pain associated with this investment, depending on when
Kevin Matras goes over a neutral option strategy that you put on as a credit in your account. Find out now how an Iron Condor strategy works.
Disappointed in its choice to buy 23andMe, investors have dumped VG Acquisition (NYSE:VGAC) shares en masse. After hitting a high above $18, in the weeks following its announcement of the merger candidate, shares of VGAC stock have pulled back about 41%. Source: nevodka / Shutterstock.com Now at $10.74 per share, this special purpose acquisition company
Cobalt is commonly used in batteries like those used in electric vehicles, so as you can imagine, demand for it is increasing. The supply-and-demand dynamic for the metal is attractive, given that suppliers are having trouble keeping up with demand. Source: Nick Starichenko/InvestorPlace.com RBC Capital Markets analyst Tyler Broda sees cobalt as a positive driver
What a week it has been — and it’s only Tuesday. Source: Shutterstock Just one day after falling into correction territory, the Nasdaq rallied 3.7% to record one of its best days since November. This isn’t the first time in history that the Nasdaq has quickly fallen 10% or more. I analyze the action for
Sen. Pat Toomey told CNBC on Tuesday he welcomes stock-trading apps that make investing seem more approachable, rejecting complaints by some that brokerages like Robinhood have led to the so-called “gamification” of the equity market. The Pennsylvania Republican made the comments on “Squawk Box” ahead of Tuesday morning’s Senate Banking Committee’s hearing on retail investors and
Kayaks are displayed outside of a Dick’s Sporting Goods Inc. store in West Nyack, New York. Craig Warga | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Tech stocks — Tech and more-speculative stocks rose en masse on Tuesday as a retreat in U.S. Treasury yields helped the sector reverse