One of the big investment themes for the coming decade is related to 5G. And this movement could mean great things for 5G stocks. The global 5G services market is expected to grow at a constant annual growth rate (CAGR) of 43.9% between fiscal year 2021 and FY2027. Furthermore, the 5G infrastructure market is expected
Month: June 2020
New York City has extended an 8pm nightly curfew for another five days after enduring another night of upheaval on Monday as peaceful protests were again overtaken by sporadic violence and looting. The overnight unrest, which included the looting of a flagship Macy’s department store, prompted officials to bring forward the start of the curfew
AbbVie (NASDAQ:ABBV) is in the midst of a transition. AbbVie began life about a decade ago when it was spun off from health care and medical devices company Abbott (NYSE:ABT). Now, however, AbbVie must adapt quickly or ABBV stock will be in big trouble. Up until recently, AbbVie relied on its blockbuster Humira drug for around
Rick Smith, CEO of Axon Enterprises. Adam Jeffery | CNBC Shares of law enforcement supplier Axon Enterprise spiked more than 9% in premarket trading after protests against police brutality turned violent in many cities across the country. Axon, formerly known as Taser International, sells electrical weapons and body cameras for law enforcement officers. The stock’s jump
When accusations against Luckin Coffee’s (NASDAQ:LK) accounting of false sales proved true, investors rightfully headed for the exits. LK stock fell from the mid-$20s and settled at $2.16. Source: Keitma / Shutterstock.com The miniature rallies will not likely have enough momentum to offset investors who bought shares in the $30s and $40s. Still, the company
The gross profit margin is helpful in determining how well a company is generating revenue from the costs involved in producing their goods and services. The gross profit margin is the percentage of revenue that exceeds the cost of goods sold (COGS). The higher the percentage, the more efficient the company’s management is in generating profit for every dollar of the direct costs involved. Key
Take a look at some of the biggest movers in the premarket: Dick’s Sporting Goods (DKS) – The sporting goods retailer lost $1.71 per share for the first quarter, wider than the 57 cents a share loss expected by Wall Street. Revenue and comparable-store sales also missed estimates, amid Covid-19-related store closures. Dick’s e-commerce sales
With the price of oil recovering from April’s crazy volatility, it’s a good time for investors to reorganize their energy-sector holdings. If you’re in the market for something solid and steady, then it’s as good a time as any to seriously consider a position in Exxon Mobil (NYSE:XOM) stock. Source: Jonathan Weiss / Shutterstock.com This
Investors have been “doubling down” on sustainability over the last quarter — and sustainable funds have actually outperformed the broader market, according to an analyst at BNP Paribas Asset Management. That’s a departure from historical precedents where people shifted their focus from sustainability to near-term profits in tough times, Gabriel Wilson-Otto, head of stewardship, Asia
The last time I wrote about Wells Fargo (NYSE:WFC) was mid-March. At the time, I suggested that the 6.2% dividend yield from Wells Fargo stock would no doubt be attractive to many investors. Source: Ken Wolter / Shutterstock.com That said, if dividends weren’t your priority, I felt you would do better over the long haul
Describing just how bad things are for Chesapeake Energy (NYSE:CHK) isn’t difficult, and it’s even doable over short time frames. For the month ending May 28, CHK stock is off more than 54%. To put that in context, the Energy Select Sector SPDR ETF (NYSEARCA:XLE) is higher by 7.6%. Source: Casimiro PT / Shutterstock.com There was
A pedestrian passes an advertising board outside a Western Union money transfer store in Athens, Greece. Chris Ratcliffe | Bloomberg | Getty Images Check out the companies making headlines after the bell. Western Union — The money payment service’s stock rose 7% in extended trading after a report from Bloomberg Law that Western Union recently made
Equities tip-toed higher on Monday, as investors turn their attention to a full week of trading. With that in mind, let’s look at a few top stock trades for Tuesday. Top Stock Trades for Tomorrow No. 1: Apple (AAPL) Apple (NASDAQ:AAPL) continues to grind higher amid a steep uptrend (blue line), as the stock now
In a world of mandatory lockdowns and social distancing, MGM Resorts (NYSE:MGM) stock isn’t exactly a market darling. The hotel, resort and casino operator’s share price has reflected these hard times. Source: Jason Patrick Ross / Shutterstock.com Does this mean that cautious investors should avoid MGM stock completely? And, should current shareholders abandon ship in
President Donald Trump on Monday warned US governors to crack down on protests sparked by the death of George Floyd, calling them “weak” as he vowed to clamp down “very strong” in Washington. “You have to dominate, if you don’t dominate you’re wasting your time,” Mr Trump said, according to CBS News, which obtained a
Traders work on the floor at the opening bell of the Dow Industrial Average at the New York Stock Exchange on March 18, 2020 in New York. Bryan R. Smith | AFP | Getty Images Chief financial officers of major corporations around the globe are more likely to believe the Dow Jones Industrial Average will
In my last article on Halliburton (NYSE:HAL), I said if it kept the dividend, the yield on HAL stock would be very attractive. My stance was both right and wrong, but nevertheless, this stock still represents good value. Source: Casimiro PT / Shutterstock.com The dividend was cut on May 20, to just 18 cents annually,
Macy’s (NYSE:M) has been hammered and by this point, no one is surprised. Malls have been closed and retail sales have plunged. Source: digitalreflections / Shutterstock.com From the 2020 peak to the March trough, Macy’s stock fell 75% amid the novel coronavirus pandemic. However, shares have been bouncing back with a force. The stock is
You know that the stock market provides an opportunity to make money, but you aren’t quite sure how investors know when to buy and sell. Or maybe you’ve heard terms like “noise trader” or “arbitrage trader,” and you want to know more about them. Either way, an overview of some of the most common types of
Take a look at some of the biggest movers in the premarket: Eli Lilly (LLY) – The drugmaker began testing a Covid-19 experimental treatment derived from the blood of a survivor of the disease. It is the first study involving this type of drug, and comes about a month earlier than expected and ahead of