The largest cannabis company in the world by market capitalization, Canopy Growth (NASDAQ:CGC) has been on a bumpy ride this past month. Since hitting a high of $56.50 a month ago, CGC stock is down to $30. Source: Shutterstock Despite recent periodic short-term gains, it appears CGC stock has lost some momentum over the past month.
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Exxon CEO Darren Woods emphasized the oil giant’s commitment to its dividend after the company lost more than $20 billion in 2020, and as activist investors push for change. “We’re going to continue to return cash to shareholders through a very strong dividend,” Woods said Thursday on CNBC’s “Squawk Box.” He noted that 2020 was
A worker wearing a protective mask boxes a pizza inside a Costco store in San Francisco, California, on Wednesday, March 3, 2021. David Paul Morris | Bloomberg | Getty Images Hiring likely improved in February as more of the economy reopened, but winter weather could have hampered some activity. Economists expect to see 210,000 payrolls
Dear SOS Ltd (NYSE:SOS), let’s not mince words. It’s over between us. Last Friday, short-sellers Hindenburg and Culper Research told me that you might be a total fraud. But I gave SOS stock the benefit of the doubt. After all, their kind is wrong as often as they’re right. Source: Bplanet / Shutterstock.com However, now
How Does Sling TV Work? Those interested in ditching their cable TV service may wish to consider Sling TV, a service that streams live TV from the Internet but without needing a television or clunky cable box. Rather, viewers can use practically any Internet-connected device, including iOS and Android devices, Xbox Ones, Roku boxes, and
In general, an aggressive portfolio has high allocation towards growth stocks. These are stocks from companies that are reporting robust revenue and earnings growth. However, even for a defensive portfolio, some allocation to growth stocks makes sense. While defensive stocks provide regular cash inflow, growth stocks are the key portfolio return catalysts. Recently, growth stocks
International Business Machines (NYSE:IBM) has had a rough few years, and 2020 was no different. The lack of growth in revenues, earnings, and the stock price reflect its management’s defensive approach towards innovation. However, IBM stock still shows promise. Source: Laborant / Shutterstock.com The company’s new CEO Arvind Krishna could usher in a new era.
Tanger Outlets in National Harbor, Md. Mark Gail | For The Washington Post | Getty Images Shares of Tanger Factory Outlet Centers surged 20% in early trading on Thursday, becoming the latest heavily shorted stock to make a rapid move higher this year. The retail stock could be following in the footsteps of other names
Take a look at some of the biggest movers in the premarket: IMAX (IMAX) – IMAX lost 21 cents per share, one cent a share more than analysts had anticipated. The movie theater operator’s revenue came in above Wall Street estimates. Sales were helped by stronger performances in Asian markets, and the company is anticipating
Hawaiian Electric Industries (NYSE:HE) is unique in the market. As its name suggests, the holding company is primarily focused on power generation through subsidiary Hawaiian Electric. In fact, HEI provides electricity to roughly 95% of the population of the state of Hawaii. However, HEI also owns a banking subsidiary, American Savings Bank. Those two businesses
Kevin Matras shows how to screen for weekly volume increases to uncover institutional buying. Highlighted stocks include DFT, INT, PII, PXP and TMK.
Qualcomm, Inc. (NASDAQ:QCOM) was having a pretty decent 2021, until the company reported its first-quarter earnings. After closing at $164.78 on Feb. 2, QCOM stock went into a steep decline. Currently trading at around $129, shares have dropped about 20%. Some investors have seen this as a sign that the company’s 2020 surge is over,
Kohl’s (NYSE:KSS) stock recently got a boost from investor activism. It got a second boost from strong Christmas quarter results. It’s getting a third boost from the waning of the pandemic. Source: Sundry Photography/Shutterstock.com But KSS stock isn’t yet priced like Five Below (NASDAQ:FIVE) or even Walmart (NYSE:WMT). Now at $55, Kohl’s has a market
A view outside a Kohl’s store in Miramar, Florida. Johnny Louis | Getty Images Company: Kohl’s Corp (KSS) Kohl’s operates as a retail company in the United States. Its stores and website offer apparel, footwear, accessories, beauty, and home products. The company provides its products primarily under the brand names of Apt. 9, Croft &
Chef Alessandro Pirozzi, from Alessa by Chef Pirozzi, brings a take-out food order to an outside table at the Promenade on Forest in Laguna Beach, CA on Wednesday, January 13, 2021. Paul Bersebach | Orange County Register via Getty Images February’s surprisingly strong job growth signals that the economy could be at a pivot point
The GameStop (NYSE:GME) short squeeze fiasco is perhaps one of the biggest stock market stories so far this year. And while it appears wild price swings are fading, Reddit traders are making a run at other shorted stocks. That means we haven’t seen the last of such events. For those who don’t know, short selling
Capturing trending movements in a stock or other type of asset can be lucrative. However, getting caught in a reversal is what most traders who pursue trendings stock fear. A reversal is anytime the trend direction of a stock or other type of asset changes. Being able to spot the potential of a reversal signals
One of the most highly touted IPOs in recent history, Airbnb (NASDAQ:ABNB) has been on quite the ride. ABNB stock has moved significantly higher post-IPO amid positive sentiment about the long-term growth potential of the company. Source: BigTunaOnline / Shutterstock.com More recently, ABNB stock rose dramatically following the company’s Feb. 25 earnings call. Since then, shares
Shares of Carnival Cruise Lines (NYSE:CCL) have climbed approximately 20% in the last month. That puts CCL stock within hailing distance of its pre-pandemic price. I understand that the market is forward thinking, but this seems to be an example of irrational exuberance. Source: Kokoulina / Shutterstock.com As of now, over 82 million Americans have
The row of two-story tall 3D printer bays at the company’s headquarters. Relativity Space The founders of two private rocket-building companies met today – one, the richest person on Earth; the other, leader of a venture pushing the boundaries of manufacturing. Jeff Bezos stopped by the gleaming new “factory of the future” of Relativity Space