The world has changed, but this time it’s for the better. But amid a market made up of stocks and some of which are bound to outperform on both an absolute and relative basis, three ‘stay away’ companies are making breakouts worthy of being stocks to buy for your portfolio today. Wall Street received a
The shares of Inovio Pharmaceuticals (NASDAQ:INO) were on fire this spring after the company had become one of the leaders of the Covid-19 vaccine race. INO stock soared 860% in the first half of the year, comfortably beating the majority of its peers. Source: Shutterstock However, due to the lack of detail in the company’s
2020 will be remembered as the year of many things, most of which we’d probably just as soon forget. Source: Shutterstock But from an investing standpoint, we may well look back on 2020 as the year of the SPAC. We’ve talked about SPACs before. It’s an acronym for Special Purpose Acquisition Company, which is a
Tax Deductions That Went Away, Starting With 2018 Taxes The Tax Cuts and Jobs Act (TJCA) was signed into law in 2017 by President Trump. The Act nearly doubled the standard deduction and eliminated—or limited—many itemized deductions. The effect of the tax reform was that people who used to itemize on Schedule A took the
Tesla is joining the S&P 500 in December, but given the electric vehicle company’s size, adding it to the index is no easy feat, said CNBC’s Jim Cramer. “I think they’re baffled,” he said Tuesday of the index provider S&P Dow Jones Indices. “I really don’t think they know how to handle this … they
Take a look at some of the biggest movers in the premarket: Walmart (WMT) – The retail giant earned $1.34 per share for the third quarter, compared to a consensus estimate of $1.18a share. Revenue beat forecasts as well. Walmart’s comparable-store sales also rose more than expected. The shares gained 0.8% in premarket trading as
If you’re looking for the best IPOs of 2020, you’ll want to get more familiar with special purpose acquisition companies, or SPACs as they’re more commonly known. But before I get into my top 10 list, I thought I’d cover a little IPO history. Recently, I saw some interesting statistics on Stock Analysis.com. It said
Since my last article on JFrog Ltd (NASDAQ:FROG) on Sept. 30, where I wrote that it was sharply overvalued, FROG stock has fallen $23 to $61.98 on Nov 17. That’s a drop of more than 27%. Source: Michael Vi / Shutterstock.com However, despite the earnings beat in its first report since the initial public offering,
Well, that is a wrap! Thank you so much for joining InvestorPlace as we covered the Nio (NYSE:NIO) third-quarter earnings call in real time. After the Chinese electric vehicle leader reported record deliveries and estimate-beating revenue, there is a lot to watch. Importantly, NIO stock is likely to remain hot in the coming weeks and
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Understanding VIX contango and ETF leverage can save you a small fortune.
Relativity Space’s third generation 3D-printer in its new headquarters, with CEO Tim Ellis standing by for scale. Relativity Rocket builder and 3D-printing specialist Relativity Space is raising $500 million of fresh capital in a new round being led by Tiger Global Management, people familiar with the financing told CNBC on Tuesday. The new fundraise, expected
The Wall Street Bull (The Charging Bull) is seen during Covid-19 pandemic in New York, on May 26, 2020. Tayfun Coskun | Anadolu Agency via Getty Images Money is pouring into stocks through exchange-traded funds. You can thank the potential vaccines. Money is pouring in because U.S. investors who have been reluctant to put money
CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Tesla — Tesla shares rallied nearly 10% after S&P Dow Jones Indices said it would add the electric car
Solar stocks are heating up, because it has become abundantly clear on Wall Street that solar is the backbone of tomorrow’s clean energy powered world. To play this emerging solar megatrend, investors should consider charging up their portfolio with SolarEdge (NASDAQ:SEDG) stock. Source: Shutterstock In a nutshell, SolarEdge is a leading solar company that provides
One of the first things a novice investor does is load up on dividend stocks. But I think it’s a wise strategy, even for experienced investors. We all should value safety and security, especially after the novel coronavirus pandemic sent the stock markets back by $5 trillion earlier this year. That’s why you see increased
If you had to pick one sector that you can rely on when things get difficult, sin stocks would represent an incredibly tempting proposition. While companies based on a cynical or even outright lurid business model are often attractive in the best of times, it’s at our worst when this sector has a powerful draw.
For months, electric vehicle (EV) investors have eagerly anticipated the special acquisition company (SPAC) listing of Fisker (NYSE:FSR), a clean-auto company founded by famed car designer Henrik Fisker. Now those investors have been well-rewarded — FSR stock has already risen over 65% since its went public on Oct. 30. Source: Eric Broder Van Dyke /
If you have an asset, you can probably get a loan against it. Your paycheck, your tax return, your home, your 401(k), and, yes, even your pension if you’re one of the relatively few people who still have one. If you’ve never heard of a pension advance, consider yourself lucky. They’re also called pension sales,
Jay Clayton, who has led the Securities and Exchange Commission for the past three and a half years that included a number of major changes in financial markets, said Monday he will step down at the end of the year. “Working alongside the incredibly talented and driven women and men of the SEC has been