Tag Archives: analyst

Food delivery app DoorDash (DASH) hit the public market on Wednesday, and closed the day up 86% from its IPO price of $102. That means a market cap of $72 billion for a seven-year-old startup that lost $667 million in 2019, and lost $149 million in the first nine months of 2020. David Trainer, CEO of market research firm New Constructs, calls it “the most ridiculous IPO of 2020.” Last year, his firm gave that title to the WeWork IPO, which was ultimately shelved. Why ridiculous? Lack of… Source link

TipRanks Billionaire Ray Dalio Picks Up These 3 “Strong Buy” Stocks Sometimes, the experts will tell us what we already know. Ray Dalio, the founder of Bridgewater Associates, has built a legendary reputation in financial circles, for taking his firm from a home business in his two-bedroom apartment to the international hedge fund giant, employing over 1,500 people and managing more than $138 billion in total assets. But when questioned on how he did it, or how today’s investors can… Source link

I’m probably forgetting a few things, but on this week of all weeks, let’s make a list. • I’m thankful for Justin Tucker. You could narrow the goal posts by 80 percent and he’d be the same guy. • I’m thankful for the Steelers and the Jets. Historical things might happen, and we are all witnesses. • I’m thankful for the Cleveland Browns. We need a few teams trying to party like it’s 1977. • I’m thankful for the 2-point conversion. Life would be a lot more boring without… Source link

TipRanks Bull Moves: Analysts Just Upgraded These 3 Hot Stocks The world’s largest asset manager is impressed with the market’s recent gains, and it has made that sentiment clear by upgrading US stocks. In its recent reassessment of conditions in the American financial markets, investment giant BlackRock issued a general upgrade for Wall Street. This wasn’t an upgrade on particular stocks, but on the US market as a whole.Explaining the move, the BlackRock note points out that the daily… Source link

TipRanks Raymond James: These 3 Stocks Are Poised to Surge by Over 80% We’re a little over one week past the Presidential election, and the market reaction shows that that investors are pleased. While the election margins were razor thin, the will of the voters came through: they rejected Donald Trump, and his brash, in-your-face style, but they also rejected the Democratic Party on policy; the Dems lost seats in the House, will likely not take control of the Senate, and also lost ground at… Source link