Russia’s online retailer Ozon’s logistics center outside the town of Tver. Ozon is Russia’s pure-play e-commerce stock. KIRILL KUDRYAVTSEV/AFP via Getty Images Text size Vladimir Putin has worked long and hard to foster the impression that he is Russia. Investors believe him. Russian stocks wax and wane with… Source link
Read More »Ex-Tesla president sold stocks worth $247 million since June 10
BERKELEY, Calif. (Reuters) – Long-time Tesla Inc executive and president Jerome Guillen, who left the company earlier in June, has sold an estimated $274 million worth of shares after exercising stock options since June 10, according to a filing with the Securities and Exchange Commission (SEC). The filing, which was submitted to the SEC on Tuesday, said that Guillen expected to sell 215,718 shares for $129 million that day, and that he offloaded another 145,289 stocks worth $89.6 million on… Source link
Read More »Look Beyond Putin and Oil to the Sweet Spot in Russian Stocks
Russia’s online retailer Ozon’s logistics center outside the town of Tver. Ozon is Russia’s pure-play e-commerce stock. KIRILL KUDRYAVTSEV/AFP via Getty Images Text size Vladimir Putin has worked long and hard to foster the impression that he is Russia. Investors believe him. Russian stocks wax and wane with… Source link
Read More »3 ‘Strong Buy’ Stocks That Are Heavily Shorted
Shorting stocks can bring an investor serious profits – but there’s commensurate risk, as well. Basically, the short trader is betting that a stock will fall in price; it’s the opposite of most stock trading, in which the investor wants the shares to gain. Gaining, of course, is the risk in a short trade. There’s no ceiling on a stock’s potential gains, and in theory, a particular stock can see its price increase infinitely. But in a short sell, the trader has made the initial… Source link
Read More »JPMorgan Storms Into the Steel Space; Offers 2 Stocks to Buy
COVID is receding and the economy is rebounding. Talk about it, and most analysts will focus on consumer spending, government stimulus, and the rise and fall of jobs numbers. These are important metrics, and they merit their headlines, but they don’t necessarily give a full picture. While the US economy is consumer based – and consumer spending makes up almost three-fourths of the GDP – we cannot discount heavy industry. The steel sector may be old technology, but it’s still a… Source link
Read More »3 Upgraded Stocks to Buy as the S&P 500 Makes New Highs
With the S&P 500 breaking out to new highs, Southern Copper (SCCO), Westlake Chemical Corporation (WLK), and Vera Bradley (VRA) are 3 upgraded stocks that investors should consider buying. The POWR Ratings have been calculated, pinpointing the latest stocks worthy of Strong Buy and Strong Sell ratings as well as ratings in between these extremes. A-rated stocks have posted an average annual performance over 30%, and B-rated stocks have an average annual return of over 19%.  Thus, investors… Source link
Read More »Stocks drift lower as investors look ahead to Fed decision
Stocks drifted to the downside on Monday in a muted start to the week, as traders awaited a key monetary policy decision from the Federal Reserve. The S&P 500 ticked down after the index closed at a record high on Friday. The Dow also traded little changed to slightly lower, while the Nasdaq was roughly flat. Treasury yields ticked up, though the benchmark 10-year yield held well below 1.5%. U.S. stocks are hovering near record levels, powered to fresh highs by a combination of rebounding… Source link
Read More »Strategists still don’t think inflation is a problem for stocks: 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 Monday, June 14, 2021 This is not the 1970s. Readers already know: Inflation is running hot. But Wall Street strategists still remain largely unbothered by the recent acceleration in prices. And financial markets — at least for the moment — agree. As Yahoo Finance’s Brian Cheung noted last week, yields on longer-dated U.S. Treasuries fell to… Source link
Read More »America’s $2 Trillion Infrastructure Boom Could Send ESG Stocks Soaring
In the past few years, we’ve seen six ESG megatrends on the rise with trillions of dollars being invested into them, from cloud computing and clean water, to finance, resource efficiency and the mega of ESG megatrends–EVs. If 2020 was the year that broke the ESG bank. This year, and next, might see investors start to reap the rewards of Biden’s ultimate “green presidency”. In March, Biden unveiled a $2.3-trillion infrastructure plan. On Earth Day, Biden pledged to half U.S. greenhouse… Source link
Read More »10 Undervalued Blue Chip Stocks Hedge Funds Are Piling Into
In this article we discuss the 10 undervalued blue chip stocks hedge funds are piling into. If you want to skip our detailed analysis of these stocks, go directly to the 5 Undervalued Blue Chip Stocks Hedge Funds Are Piling Into. The stock volatility of the past few months has illustrated that the market is now in a constant state of turmoil as technology stocks with astronomical evaluations continue to hog investor interest, offering little in terms of stability and security for the long… Source link
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