On Feb. 1, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) announced that its board approved a stock split that would see shareholders receive 20 shares of GOOG stock for every share currently held. Alphabet’s shares jumped on the news. Source: turtix / Shutterstock.com While there have been several high-profile stock splits in recent years, it is hard to know
Stock Market
fuboTV Inc. (NYSE:FUBO), a TV streaming platform for live sports events, news, and entertainment will announce its fourth-quarter (Q4) 2021 and full-year 2021 financial results on Feb. 23. Embrace for a high level of volatility in FUBO stock on that day. Additionally, assuming there is an earnings per share (EPS) beat or miss, a new
Canadian cannabis company Sundial Growers (NASDAQ:SNDL) has been a disappointment to investors for much of its time as a publicly traded company. SNDL stock crashed in 2019 shortly after going public, as the company’s initial go-to-market strategy failed. Source: Postmodern Studio / Shutterstock.com Reddit traders found Sundial in early 2021, with shares spiking 725% to
New Mexico-headquartered Virgin Galactic (NYSE:SPCE) was founded by billionaire Richard Branson with the apparent mission of taking regular folks into space. At first, Wall Street was fully on board with this mission and SPCE stock took a rocket ride. Source: Tun Pichitanon / Shutterstock.com Starting in the summer of 2021, however, the rocket fell back to
Costco Wholesale Corporation (NASDAQ:COST) stock has a well-earned reputation for breaking all the retail rules. That refusal to play the same game as other retailers has paid off nicely for long-term COST stock investors. Source: ilzesgimene / Shutterstock.com Their shares have delivered a very respectable 191% gain over the past five years. If you factor
On Feb. 1, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) shocked the Street by announcing a 20-for-1 stock split. The initial reaction was one of praise and excitement. The reduction in share price will bring GOOG stock into the acceptable price range for eventual inclusion into the prestigious Dow Jones Industrial Average. Investors rewarded the king of search with
Investing in energy stocks like Exxon Mobil (NYSE:XOM) is all about your time horizon. In the near term, oil and natural gas prices are likely to be volatile, making it difficult to determine which way XOM stock will trend. Source: Jonathan Weiss / Shutterstock.com By the end of 2022, traditional energy stocks could start to be
Digital World Acquisition Corp. (NASDAQ:DWAC) stock a special purpose acquisition company (SPAC ) that announced a merger with former President Trump’s media firm Trump Media & Technology Group (TMTG). It has soared from nearly $10 in Oct. 2021 to $83.73 as of the close of Feb. 18, 2022. Source: rafapress / Shutterstock If you think
IonQ, Inc. (NYSE:IONQ) is a technology company that develops general-purpose quantum computing systems. Its website claims that “quantum computing has the potential to change the world.” Investors seem to be confused about this bold statement as they have witnessed a three-month return of nearly -51% for IONQ stock. However, IONQ stock also has a one-month
Over the past few days, traders have focused intently on the Russia and Ukraine situation. It seems, every jump in indexes and exchange-traded funds (ETFs) such as the SPDR S&P 500 ETF (NYSEARCA:SPY) stock is related to Putin’s latest military movements. Source: Eviart / Shutterstock.com And, to be sure, it’s of crucial importance what ends
When I saw InvestorPlace’s Chris Tyler’s take on Digital World Acquisition (NASDAQ:DWAC), the special purpose acquisition company poised to take Trump Media & Technology Group (TMTG) public, I found myself conflicted. In any other circumstance, I would agree wholeheartedly with his position on DWAC stock. Source: rafapress / Shutterstock And that position is simply this:
Matterport (NASDAQ:MTTR) stock has been picked up, chewed up and now spat out by hype over the metaverse. Source: Ken Wolter / Shutterstock.com The company does data spatial analysis. It uses drones and cameras to capture data about a space, like an apartment block or office building. This helps the owners rent and redesign the
Microsoft (NASDAQ:MSFT) has had a very eventful start to 2022. Less than three weeks into 2022 came the announcement of a blockbuster deal — its biggest ever. A week later, the company reported its second quarter of fiscal year 2022 earnings. In turn, the company topped analyst projections for both revenue and earnings. Meanwhile, PC sales
The last time I weighed in on Affirm Holdings (NASDAQ: AFRM), I said, “The buy now, pay later (BNPL) boom shows no signs of slowing. Expected industry growth is off the charts, too. According to Bank of America, the BNPL market could grow 10x to 15x by 2025, and could eventually process up to $1 trillion
Nio (NYSE:NIO) stock has a few significant headwinds to fight off. At the same time, there are expectations that it should perform well when it releases earnings in March. Source: Sundry Photography / Shutterstock.com Let’s jump right into the positive first, and then the negative. That said, my intuition is that the negatives right now
Going by the trend in the last 12-18 months, crypto stocks have exhibited a strong correlation with the price action in cryptocurrencies. Therefore, for investors bullish on the crypto world, it makes sense to consider exposure to crypto stocks. I believe that there are several reasons to be positive about cryptocurrency and blockchain. First and
Walmart (NYSE:WMT) has been a poor investment ever since Doug McMillon became CEO in early 2014. Since then, WMT stock has risen 81%, while the S&P 500 is up 147%. Source: Shutterstock Furthermore, since McMillon took the helm, the company has increased its quarterly dividend payout by just 7 cents to 55 cents per share,
Disney (NYSE:DIS), the world-renowned entertainment conglomerate, has been creating beautiful memories for its millions of fans for almost a century. But DIS stock also carries the responsibility of satisfying company shareholders and managing expectations — especially through tough times. And lately, it hasn’t been carrying that responsibility as well as many investors would like. Source: spiderman777
Earnings season continues, and while there have been some notable high profile misses for the fourth and final quarter of 2021, FactSet reports that with 56% of S&P 500 companies having issued earnings reports, 76% announced a positive earnings per share (EPS) surprise and 77% reported a positive revenue surprise. Also, the blended earnings growth
Since the pandemic began two years ago, and General Motors (NYSE:GM) stock dumped its dividend, the stock is up by 42%. That’s better than the average S&P stock. Source: Katherine Welles / Shutterstock.com But it hasn’t been a smooth ride. At one point in 2020, GM stock traded at under $20/share. At the start of