Plenty have thrown in the towel with positions in Lucid Group (NASDAQ:LCID), but many analysts and investors remain optimistic about the future prospects of LCID stock. While others have headed for the exits, they’ve held on, continuing to argue the consistently-questionable bull case for the struggling electric vehicle maker’s shares. In fact, just recently, the
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“Social media is the ultimate equalizer. It gives a voice and a platform to anyone willing to engage.” –Amy Jo Martin This has not been a healthy market by any means. As I’ve noted numerous times, the vast majority of stocks have performed sub-par in what is otherwise supposed to be a strong year given
Towards the end of 2021, Nvidia (NASDAQ:NVDA) stock was trading at $300. NVDA stock corrected to lows of $108 by October 2022 before skyrocketing by more than 200% for year-to-date. The point I want to make is that the rally in blue-chip stock can be stellar from oversold levels. It does not take time for
Lucid Group (NASDAQ:LCID) stock is one I’ve had mixed opinions of in the past. On the one hand, this is a company with some clear speculative upside, particularly as a vehicle for investors to bet on the overall electric vehicle space. However, it’s also clear that Lucid Group is one that has been plagued by
The New York Stock Exchange welcomes executives and guests of Cava in celebration of its initial public offering, June 15, 2023. NYSE Check out the companies making headlines in extended trading. H&R Block — The tax preparer rose nearly 5.9% after posting quarterly earnings per share of $2.05 that beat Wall Street’s expectations of $1.88,
Many experts suggest the Federal Reserve will initiate rate cuts soon, making the stocks of rate-sensitive firms attractive. While terminal rate uncertainty remains, we are likely encroaching on the end of the rate hiking road. The recent U.S. inflation report indicated lower-than-expected inflation, with core inflation and employment aligning with expectations. While a 25 basis-point
A man wearing a mask walks past a Nvidia logo in Taipei, Taiwan. Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Banks — Major Wall Street banks slid during midday trading after CNBC reported Tuesday that Fitch Ratings may once again downgrade the health of the banking
How can Wall Street suddenly turn against a “Magnificent Seven” company like Apple (NASDAQ:AAPL)? Analysts and investors can be fickle, but this only presents a dip-buying opportunity with AAPL stock that you might not see again for a while. An argument could be made that Apple’s quarterly reports are the most closely watched ones in
In this article NVDA PSX HASI Follow your favorite stocksCREATE FREE ACCOUNT The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. Tyrone Siu | Reuters Check out the companies making headlines in premarket trading. Discover Financial Services — Shares slipped 6.5% after CEO Roger Hochschild
Meta Platforms (NASDAQ:META) stock has surged 150% in 2023. But most of the gain isn’t based on reality. Instead, Meta has gone from being one of the most-hated stocks on Wall Street to one of the most loved, thanks to artificial intelligence. At the start of 2023, Meta stock was bouncing around the 120s. It
A Discover Financial Services credit card. Scott Eelis | Bloomberg | Getty Images Check out the companies making headlines after the bell. Discover Financial Services — The financial services stock fell more than 5% after announcing the resignation of its CEO. The board announced that Roger Hochschild would step down from the position, effectively immediately, and
Growth investing can lead to considerable gains in the stock market. Indeed, research has shown that revenue growth best predicts a stock’s long-term returns. There are many growth stocks to buy today that have secular growth trends underpinning their growth trajectory. However, finding profitable growth stocks is always a challenge. Most growth stocks exhibit solid top-line growth
Li Auto (NASDAQ:LI) stock saw profit taking after reporting record earnings for the June quarter. Li earned $300 million, 30 cents per ADR share fully diluted, on revenue of $3.95 billion during the quarter. Deliveries more than tripled from a year ago, to 86,533 vehicles. Despite this, shares hit an air pocket, falling from $46.63
Certain stocks have surged this year, with hyper-growth tech companies seeing some of the biggest gains. The three companies listed below have highlighted what momentum can mean for sustained moves higher, even though these stocks are all down at least 10% from their all-time highs, at the time of writing. Many investors question whether this
While optimism in the broader market remains robust – particularly for hyped-up sectors like technology – investors may still want to consider the relative safety of dividend stocks to buy. Notably, in the trailing month, the benchmark S&P 500 index went absolutely nowhere. That could be a sign that to go the conservative route. To
As always, there have been hits and misses in the last earnings season. Irrespective of long-term fundamentals, markets tend to react to quarterly results. For medium-term investors, the results provide an opportunity for quick gains by trading in stocks that have delivered positive surprises. There are also cases where the rally is on the back
While it might not seem plausible at first glance, the narrative of oil stocks to buy is making a comeback. True, the Federal Reserve and its largely aggressive measures to tackle inflation through raising the benchmark interest rate in principle drive down the price of commodities, including hydrocarbon products. However, a few factors contribute to
Traders work on the floor of the New York Stock Exchange, Aug. 22, 2022. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. AMC — Shares of the movie theater stock sank almost 35% after a judge late Friday approved AMC Entertainment’s plan to convert its preferred shares to common stock.
Stocks that pay a continuously growing dividend are often known as dividend champions. On this list of dividend champions I’ll be looking at, there’s an assortment of companies that have impressively increased their distributions on an annual basis for the last 25 years or more. If these companies sound like dependable investments, that’s because they
Some of the most attractive opportunities are the top dividend kings, all of which have raised their payout for 50+ years. Even in times of economic disarray, inflation, booms, busts, rising interest rates, recessions, and crashes, they’ve still raised their dividends. If they can survive all of that, and still raise their payouts, these top