Tag Archives: Stock

TipRanks 3 U.S. Cannabis Stocks Gearing up for Growth; Cantor Says ‘Buy’ At the end of 2018, Canada fully legalized cannabis, nationwide, for both medical and recreational use. With the incoming Biden Administration, the US is expected to follow suit with Federal-level legalization, or at least formal decriminalization, sometime in the next four years. An exact timetable is impossible to predict; much will depend on the partisan makeup of Congress after the Georgia Senate runoff vote in… 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

Russia is a vast frontier of internet growth potential that Yandex has exploited. Yandex received an upgrade yesterday from Bank of America as a result. With strong returns, and financials, Yandex has a very bullish outlook Very rarely in today’s age will you come across an internet giant that is undervalued. A company that controls a sizable market share in a geography with great overall size and better growth potential that isn’t trading at huge multiples. Meet Yandex N.V. (NASDAQ: Source link

TipRanks 3 Penny Stocks Under $5 With Massive Upside Ahead Investors know that the key to profits is in the return – and that means, a willingness to shoulder risk. Risk is relative, of course, and tends to run hand-in-hand with the return potential. Find a stock with a giant return potential, and chances are, you’ve also found one with a higher risk profile. The highest returns usually come along with the lowest share prices. After all, when a stock is priced for just pennies, even a… Source link

TipRanks Billionaire Jim Simons Places Bet on 3 High-Yield Dividend Stocks A rising tide lifts all boats, as President John Kennedy said, and we’re seeing it now on Wall Street, as both the S&P 500 and the NASDAQ are near record high levels. The gains are broad-based and real, and reflect a growing optimism now that the election is behind us and a COVID-19 vaccine is in sight.So let’s look back, all the way to 1973, when economist Burton Malkiel told us that “a blindfolded monkey… Source link

President-elect Joe Biden has watched the stock market surge as he prepares to take power next year. The rally appears to be driven largely by the spate of positive coronavirus vaccine news but has nevertheless been helped by some of Biden’s initial moves as President-elect. The Dow Jones Industrial Average (^DJI) broke 30,000 for the first time one day after the news broke that the President-elect had picked Janet Yellen as his Treasury Secretary. Mohamed El-Erian, the President of Queens’… Source link

TipRanks Goldman Sachs: These 3 Stocks Could Spike Over 40% Expectations of good news on the near horizon are buoying markets right now. Over the past month, both the S&P 500 and the NASDAQ are up 11% to new record highs.Investors are excited at the prospect of a COVID vaccine coming before the winter is out. And the electoral results, that Democrat Joe Biden will ascend to the Presidency while the Republicans will emerge strengthened in Congress, promise the avoidance of extremes typical of… Source link

TipRanks J.P. Morgan: 2 Stocks to Consider Buying (and 1 to Stay Away From) In a report on current market conditions – and the strategic view going forward – JPMorgan’s Marko Kolanovic sees plenty of reasons for optimism. Kolanovic sees that risk has eased in the last few weeks, and taking the usual daily fluctuations into account, markets are likely to see a sustained rally.The biggest news, in Kolanovic’s view, are the positive reports about the rapid development and imminent… Source link

Monday, November 23, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Market valuations aren’t mean reverting Stock market valuations can make investors nervous when elevated above long-term averages. And valuations are very much elevated right now. “The forward 12-month [price/earnings] ratio for the S&P 500 is 21.7,” Factset’s John Butters observed on Friday. “This P/E ratio is above the 5-year average (17.4) and above the 10-year… Source link

Stock futures opened little changed Wednesday evening as investors weighed rising COVID-19 cases in the U.S. and increased restrictions against hopes for an effective vaccine. At least on Wednesday, the bad outweighed the good. The Dow posted its biggest loss in three weeks, dropping nearly 350 points, or 1.2%, amid more signs of deterioration in the battle to keep COVID-19 cases at bay. New York City, home to the largest public school system in the country, is set to end in-person schooling… Source link