Yesterday, we kicked off our Innovation Investor holiday shopping spree. That is, over the past few weeks, we’ve been closely watching a host of fundamental, technical, and sentimental indicators to try and identify the stock market bottom. Last week, nearly all those indicators started flashing. That tells us that the weight of evidence today suggests
In this article AMZN LMT GS HAS Follow your favorite stocksCREATE FREE ACCOUNT Hasbro Inc. toys from based on “Marvel’s The Avengers” movie sit on the shelf at a Target Corp. store in Union, New Jersey, U.S., on Wednesday, Aug. 22, 2012. Bloomberg | Bloomberg | Getty Images Check out the companies making headlines in
Fintech company Cardless and Simon Property Group have partnered to launch a new co-branded credit card, the Simon American Express Credit Card. The card, which does not yet have a launch date, will offer cardholders up to 5% cash back at participating retailers. Key Takeaways Cardless and Simon Property Group will soon launch a new
In July, GameStop (NYSE:GME) launched its NFT marketplace to a relatively muted reception. NFT trades had already fallen three-quarters since January, and traders assumed the game retailer had missed yet another party. Shares would eventually drop another 25%. Investor pessimism, however, has quietly turned GME stock into a short-squeeze candidate. Sagging trading volume means that
On Thursday, Wedbush analyst Dan Ives reiterated his $215 target price for Salesforce (NYSE:CRM), re-crowning the software firm as the Dow Jones stock with the highest implied upside. For many first-time investors, these target prices are often irresistible. Walmart (NYSE:WMT) at $169… Intel (NASDAQ:INTC) at $55… Goldman Sachs (NYSE:GS) at $456… These numbers provide a
Cannabis stocks have been crushed this year due to the lack of progress on the federal legalization of marijuana and macro challenges. However, President Joe Biden’s historic decisions to pardon people convicted of “simple possession of marijuana” and to review the classification of marijuana as a Schedule 1 drug have revived investors’ attention in the cannabis
When Social Security was introduced in 1935, it was never intended to be a primary income source that could support people in retirement. Rather, its sole purpose was to provide a safety net for people who were unable to accumulate sufficient retirement savings. For the next several decades, the majority of Americans never gave much
The White House announced on Oct. 6 that it was pardoning many convicted of simple marijuana possession, creating a good deal of hot pot stocks to buy. On the day of the announcement, the AdvisorShares Pure US Cannabis ETF (NYSE:YOLO) gained 34%. The second-largest U.S.-listed ETF, the ETFMG Alternative Harvest ETF (NYSE:MJ), gained 20%. Both have returned to
SoFi Technologies (NASDAQ:SOFI) is a relatively small neo-banking firm right now. However, the data shows that SoFi Technologies is growing by leaps and bounds. SOFI stock has the potential to make a 5x move in five years’ time if the company continues to expand and if the U.S. Federal Reserve finally stops raising interest rates. Let’s
In this article CL Follow your favorite stocksCREATE FREE ACCOUNT Daniel Loeb Simon Dawson | Bloomberg | Getty Images Dan Loeb’s Third Point has built a sizeable stake in consumer giant Colgate-Palmolive, according to CNBC’s David Faber. Loeb sees hidden value in Colgate’s subsidiary Hill’s Pet Nutrition, a pet food company, if it were spun
In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John’s International Inc. Brendan McDermid | Reuters Starboard Value LP has taken a stake in Salesforce, with founder Jeff Smith saying a significant opportunity remains in the enterprise software maker, according to CNBC’s David
[embedded content] The housing market seems like it’s about to roll over. But we think things are going to get a lot better for real estate stocks. Here’s why. Prices are still elevated, and activity is still within the normal range. To be sure, this is nothing like 2008. At that time, there was massive
In this article AMZN GS HAS JNJ Follow your favorite stocksCREATE FREE ACCOUNT Here are the companies making headlines before the bell: Johnson & Johnson (JNJ) – Johnson & Johnson shares rose 1.4% in the premarket after beating top and bottom line estimates for the third quarter, helped by growth in pharmaceutical sales. J&J did
Some of the most sought-after stocks are those that come with a hefty price tag. That’s because many of us equate value with price. The higher the price, the more valuable and, therefore, the more desirable a company becomes. But let’s face it, the average investor may not be able to afford a single share
Many consumers use a debit card for online purchases to avoid accumulating credit card debt, but, is it safe to use a debit card online? Payments with a debit card are taken instantly from your checking account and shopping online comes with the added risk that your information may be stolen. Using a debit card
A Roth IRA can be a great place to stash retirement savings. Unlike a traditional IRA, there is no income tax to pay on money you withdraw or rules forcing you to empty a minimum amount annually from your account when you reach a certain age. Even better, these retirement accounts are pretty much available
The IRA withdrawal rules for a Roth IRA are generally more flexible than those for traditional IRAs and 401(k)s. This is because Roth IRA contributions have already been taxed and any account growth is tax-exempt. Still, you’ll want to do your homework before making any Roth IRA withdrawals. If you don’t meet certain requirements, you
There is no denying that the cannabis sector has witnessed incredible growth in recent years. From activist movements pushing for legalization and strong backing from investors who want nothing more than a piece of this pie, it seems like the sky is the limit for the sector. Despite the beating the cannabis sector has taken
Third quarter earnings season has barely begun and already analysts are worried about the final three months of the year. “Guidance is going to be terrible,” BofA strategists recently said in a note to clients, adding that the lender expects them to deteriorate even further. Key Takeaways Factors including a strong dollar, inflation, and weakening
Medicare is the nation’s health care program for citizens aged 65 years and up, and younger people who meet certain eligibility criteria. Medicare Part A, Part B, Part C, and Part D cover many major medical expenses for participants. Choosing the right Medicare plan can be confusing, and it may be difficult to decipher all