Tag Archives: Stock

TipRanks 2 “Strong Buy” Penny Stocks That Could See Outsized Gains Well, it’s official. Joe Biden is now President, and he’ll be backed – at least for the short term – by Democratic majorities in both Houses of Congress. Wall Street is taking the measure of the new Administration, and sees, among its first moves, a boost in fiscal stimulus that is likely to goose consumer spending, bump corporate profits, and provide general economic support in the first half of 2021. Covering the… Source link

TipRanks 2 “Strong Buy” Penny Stocks That Could See Outsized Gains Well, it’s official. Joe Biden is now President, and he’ll be backed – at least for the short term – by Democratic majorities in both Houses of Congress. Wall Street is taking the measure of the new Administration, and sees, among its first moves, a boost in fiscal stimulus that is likely to goose consumer spending, bump corporate profits, and provide general economic support in the first half of 2021. Covering the… Source link

TipRanks Are These 3 Electric Car Stocks Still Worth Buying? Analyst Weighs In Electric cars are growing in popularity, a trend fueled by social acceptance, the green mentality, and a recognition that the internal combustion engine does have its flaws. Some of those flaws are addressed by electric vehicles (EVs). They bring lower emissions, less pollution from the car, and the promise of high performance off the mark. For the present, the main drawbacks are the high cost and relatively short… Source link

The first month of the new year has not even ended yet, and Wall Street firms are already building a case for stocks to rise even further this year. With the composition of the government now confirmed and Democratic lawmakers in control of both the U.S. House of Representatives and Senate, strategists are preparing to see more fiscal stimulus boost consumer spending, the economy and corporate profits in the coming months. This is set to lay the groundwork for a strong recovery once the… Source link

Inauguration Day for President-elect Joe Biden couldn’t get here quick enough for stock market bulls (and let’s face it, civilization at large). Because according to historical data, stocks tend to do very well in the early goings of a Democratic presidency. In year one of a Democratic presidency, the S&P 500 has risen on average by 19.4% dating back to 1932, per data crunched by BMO Capital Markets chief markets strategist Brian Belski. The gains have tended to stretch throughout the… Source link

Wall Street is right to disregard a rare earnings miss from streaming king Netflix. Netflix (NFLX) shares exploded 13% in pre-market trading on Wednesday, indicating the stock will open at a record high despite the earnings shortfall on Tuesday evening. To be sure, the report had a lot of fodder for the Netflix bulls to take on the bears roaring about the earnings miss. The company surpassed 200 million paid subscribers for the first time, powered by a world continuing to consume large amounts… Source link

Stock futures rose Tuesday evening, extending earlier advances as investors looked ahead to the first actions of the incoming Biden administration. Contracts on the Dow added more than 50 points, or 0.2%, as the overnight session kicked off. Shares of Netflix (NFLX) spiked 12% in late trading after the company added more users than expected in the fourth quarter and surpassed 200 million paid subscribers for the first time ever. On Wednesday, all eyes will turn to the inauguration of… Source link

TipRanks 2 Big Dividend Stocks Yielding at Least 10%; Here’s What You Need to Know Stock markets are up and holding near record high levels, a condition that would usually make life difficult for dividend investors. High market values normally lead to lower dividend yields – but even in today’s climate, it’s still possible to find a high-yielding dividend payer. You need to look carefully, however. The market story of the past year has been unusual, to say the least. Last winter saw… Source link

Tesla (TSLA) shares rose by nearly 700% in 2020, and the year was capped off by their entry into the S&P 500. The “ludicrous speed” continued into 2021 — where shares went up another 18%. That means the automaker’s price-to-earnings ratio is an eye-rubbing, nose-bleeding 1,601. For context, the P/E of the S&P 500 is 30, itself, well above the historical average of 15. The next-highest tech valuation in the index belongs to Western Digital (WDC), with a P/E of 860. All of which is to… Source link

TipRanks These 3 “Strong Buy” Stocks Are Top Picks for 2021, Say Analysts Some traditions are too time-honored to shirk, and on Wall Street, the annual ‘top picks’ are one. Usually made at the very end or very beginning of a year, the Street’s analysts publish reviews on the stocks they believe will show the best performance in coming months – their top picks. The analysts have been analyzing each stock carefully, looking at its past and current performance, its trends on a variety… Source link