Bloomberg EV Company With Almost No Revenue Posts 3,000% Gain in 8 Months (Bloomberg) — There is nothing about the finances of Blink Charging Co. that would suggest it’s one of the hottest stocks in America.It’s never posted an annual profit in its 11-year history; it warned last year it could go bankrupt; it’s losing market share, pulls in anemic revenue and has churned through management in recent years.And yet a hot stock it is. Investors have bid Blink’s share price up 3,000% over… Source link
Read More »Goldman Sachs warns of a dangerous bubble in these 39 hot stocks
TipRanks 3 Top Dividend Stocks With Growth Opportunity; Goldman Sachs Says ‘Buy’ Investing is all about finding profits, and investors have long seen two main paths toward that goal. Growth stocks, equities that will give a return based mainly on share price appreciation, are one route. The second route lies through dividend stocks. These are stocks that pay out a percentage of profits back to shareholders – a dividend, usually sent out quarterly. The payments vary widely, from less than… Source link
Read More »Stocks advance amid Yellen testimony, Goldman Sachs earnings top estimates
Stocks rose Tuesday as traders returned from a long holiday weekend in the U.S. and eyed signs of mounting support for significant fiscal stimulus out of Washington. Each of the three major indexes advanced, and the Nasdaq outperformed with a jump of more than 1%. Bank stocks were mostly higher after Dow-component Goldman Sachs (GS) posted fourth-quarter results that handily exceeded expectations, even as Bank of America’s (BAC) quarterly report largely disappointed. On Tuesday, the Senate… Source link
Read More »Trump signs $900 billion stimulus bill and Goldman Sachs couldn’t be more bullish about it
The bulls should pop the icy cold Dom Perignon a few days early because dawdling President Trump signed the $900 billion COVID-19 relief bill, suggest the often optimistic forecasters at Goldman Sachs. On Monday, Goldman’s chief economist Jan Hatzius lifted his first quarter U.S. GDP forecast to 5% from 3% in large part from the effects of new stimulus checks to U.S. households. Hatzius left his expectation for sequentially improved GDP from from the second quarter through the fourth… Source link
Read More »COVID-19 resurgence has brought US economy back to the brink: Goldman Sachs
TipRanks 3 Monster Growth Stocks That Still Have Room to Run Investors are in the market to make a profit, and that means finding the stocks with proven growth potential. Yes, it’s a cliché to remind everyone that past performance does not guarantee future results, but when a stock consistently shows strong share appreciation, over an extended period, it’s a positive sign for investors.With more than ten months behind us, the stocks that are now showing a combination of strong gains and a… Source link
Read More »Why Goldman Sachs now sees a major surge in the stock market
TipRanks Oppenheimer Sees These 3 Stocks Skyrocketing Over 100% The U.S. presidential election has come to a close, and Wall Street isn’t opposed to the administration change. Last week saw the S&P 500 notch its second-best performance during an election week on record, even as Trump’s chances of getting re-elected became slimer and slimer.Weighing in for Oppenheimer, Chief Investment Strategist John Stoltzfus noted, “What appears clear so far is that the equity markets are not averse to… Source link
Read More »President-elect Joe Biden’s first stimulus plan may underwhelm by trillions: Goldman Sachs
A now President-elect Joe Biden is known in D.C. circles as a consummate dealmaker, the throwback politician with the unique ability to lend an olive branch to those VIPs in the Republican Party. Biden’s dealmaking prowess will be put to an early test amid renewed stimulus talks during the transition period to the White House and then ultimately, once he occupies the Oval Office. Strategists up and down Wall Street are placing their chips on Biden — probably dealing with a… Source link
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