Several significant headwinds are affecting Align Technology (ALGN), none of which the global medical device company has control over. As a result, the company’s stock has been punished this past year, plummeting over 68% — but it won’t be cheap forever.
» Read more about: Got $3,000? 1 Top Stock That Keeps Growing »
Apple announced a series of new hardware products, including the iPhone 14, the AirPods Pro, and the Apple Watch Ultra, during the Apple 14 launch event. The company’s top brass revealed that they would be doubling down on a growing trend among technology companies: health and safety wearable items.
When Cathie Wood first bet that Tesla would hit a trillion dollar market capitalization, it was valued at around 6% of that level.
Naysayers said she was crazy.
They cited unequivocal statistics that “proved” Tesla was overvalued, like summing up the market caps of all vehicle manufacturers and pointing to Tesla’s being greater than the combination of them all.
Although nothing is certain in the market, some stocks can help investors maximize their retirement incomes. These reliable stocks have a solid dividend history, allowing investors to collect passive income.
With retirement portfolios losing almost $1 in every $4 invested this year, investor sentiment is clearly bearish. Losing almost a quarter of your invested portfolio is bad, but that’s assuming you had it invested in the S&P 500.
For those who speculated on high growth names like Affirm, Upstart, and SoFi, the bear market has acted like a grim reaper to their holdings.
When markets tumble and inflation is soaring it’s hard to know where to put your money. Cash seems like a bad option when it’s being eroded rapidly by inflation yet stocks seem like a worse idea when they’re plunging to lower prices.
In perilous times, turning to Warren Buffett to see what he’s buying is a worthy time investment.
» Read more about: Only 1 Stock Made The “Buffett” Cut In Last 2 Bear Markets »
It’s been a brutal year for RH, better known to most as Restoration Hardware, a stock Buffett holds in his Berkshire Hathaway portfolio. The bear market has wiped out more than half of its value this year. At last count, it was down 53%.
Even the best stocks get taken out to the woodshed and chopped in a bear market.
» Read more about: Buffett Stock Set For Monster Comeback? »
In an ongoing investigation, the New York Times has uncovered shady stock trades by members of Congress. Some congressmen and congresswomen appear to have used information they learned in their positions as legislators to make profitable stock trades.
Ethics experts have raised red flags and say this trading could be a significant conflict of interest.
» Read more about: Bombshell Report: Shady Trades In The Halls of Power »
Over the last year, the global economy has been hit hard by multiple factors that have led to a crash in the stock market. From the coronavirus disrupting supply chains to Russia invading Ukraine, many factors have created a perfect storm.
As a result, the Benchmark S&P 500 had its worst first-half return since 1970,
» Read more about: 3 Stocks Billionaires are Buying as Market Crashes »
