In this article, we discuss the 10 stocks Reddit’s WallStreetBets is now targeting. If you want to skip our detailed analysis of these stocks, go directly to Beyond GameStop: Reddit’s WallStreetBets is Now Targeting These 5 Stocks. Retail investors have been exercising ever greater influence on the overall market dynamics the past few months, as the record stock rallies of GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings, Inc. (NYSE: AMC) have demonstrated. However, as their… Source link
Read More »15 Best Jim Cramer Stocks to Buy Now
In this article, we discuss the 15 best Jim Cramer stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Jim Cramer Stocks to Buy Now. Jim Cramer, a former hedge fund manager and present host of Mad Money on news platform CNBC, is one of the most well-known finance personalities on television. His stock picks have consistently outperformed the wider market over the past few years, mostly because he is a big believer in technology stocks that… Source link
Read More »Market history suggests stocks will keep climbing this year: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, July 16, 2021 A market in motion tends to stay in motion It’s already been a strong year for the U.S. stock market. Through Thursday’s close, the S&P 500 (^GSPC) is up 16.1% year-to-date, while the Dow (^DJI) and Nasdaq (^IXIC) are both up more than 12%. But index-level gains, of course, don’t tell the full story of what’s happening… Source link
Read More »When to buy and sell bitcoin? It’s ‘exactly the opposite’ of stocks: DataTrek
Bitcoin was trading for well over $60,000 in April, after making an astounding run from $11,000 in October. But after a tough first half of May, it’s been at about $33,000 as the crypto buzz died down. The cycles of bitcoin’s (BTC) popularity are a hallmark of the digital asset, so far at least, and despite its novelty, it’s old enough (12 years) for some patterns to have emerged. Though there’s no guarantee that what comes next won’t be different, hedge fund veteran and co-founder of… Source link
Read More »These stocks are the top picks for millennials and Gen Z
A recent study by financial source DailyFX revealed that Apple (AAPL), Tesla (TSLA), and GE (GE) are the most popular stocks for millennials and Generation Z investors. The study collected data from Robinhood and examined investing preferences among millennials and Gen Z across the United States and United Kingdom for the 12 months ending April 2021. DailyFX noted that GameStop (GME) was not included in the study “as that would dominate the end results, skewing them for the search volume… Source link
Read More »‘You could lose everything’ on meme stocks: Franklin Templeton CEO
The meme stock craze has cooled off — at least temporarily. Over the past week, favored equities GameStop (GME) and AMC (AMC) have plummeted, dropping about 10% and 21% respectively. The decline affirms the fears of observers who had warned that a pullback was likely for shares elevated by what some consider speculative trading. In a new interview, Franklin Templeton (BEN) CEO Jenny Johnson — whose investment firm manages more than $1.5 trillion in assets — criticized the trading as… Source link
Read More »Solid Insider Buying Puts These 2 Stocks in Focus
For the retail investor, making sense of the markets and finding the right investment is naturally the key to long-term profits. For many such investors, the strategy of choice is following the insiders. While ‘insiders’ may have a bad sound, suggesting below-board dealing to score dishonest wins, it really means something much simpler, and fundamentally honest. Insiders are corporate officers, in positions of trust with their companies, and their offices give them access to information… Source link
Read More »10 Reddit’s WallStreetBets Meme Stocks Hedge Funds are Piling Into
In this article, we discuss the 10 Reddit’s WallStreetBets meme stocks hedge funds are piling into based on the data of over 800 hedge funds tracked by Insider Monkey. If you want to skip our detailed analysis of these stocks, go directly to the 5 Reddit’s WallStreetBets Meme Stocks Hedge Funds are Piling Into. Users on the Reddit forum WallStreetBets, a group with over 10.5 million members, have been one of the most influential forces in the market over the past six months. The forum is home… Source link
Read More »Why Goldman Sachs thinks these 32 stocks are very attractive
Being a successful investor this coming earnings season may be as easy as paying attention to companies with the best potential to expand profit margins amidst the current bout of inflation across spectrums such as raw materials and labor, Goldman Sachs reasons. The smartest investors in the game appear to already be placing that bet. “Investors have started to reward companies with attractive margin profiles. Our valuation model shows that profit margins are the second most important driver… Source link
Read More »Stocks trade mixed as investors look ahead to earnings
U.S. stocks traded mixed on Monday as investors awaited signs of a further rebound in corporate profits with the start of second-quarter earnings season this week. The Dow dropped to pull back from Friday’s record closing high. The S&P 500 also hovered just below an all-time high. The Nasdaq gained to reach a new record intraday high, however, as technology stocks outperformed. The 10-year Treasury yield steadied around 1.35%, recovering after dipping to a five-month low of below 1.3% last… Source link
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