Is Cava’s Rapid Expansion a Risky Overstretch?
CAVA has been growing like a weed, now sporting 341 locations across 25 states. While the pace of new openings slowed slightly this year with just 33 new restaurants in the first 28 weeks of 2024 compared to 43 in 2023, the management still reported a solid 32.6% year-over-year revenue increase, and generated $487 million. » Read more about: Is Cava’s Rapid Expansion a Risky Overstretch? »
Read MoreIs This Fintech Set To Explode?
Fintech lender and financial services provider SoFi (NASDAQ:SOFI) was among the companies hit hard by the stock crash of 2021. At its peak, the company’s shares traded at over $25. Today, the stock is priced under $10 per share.
Recent developments, however, have given SoFi some renewed momentum and opened up the strong possibility of a turnaround.
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Read MoreWill NVIDIA Be The First To Hit $10 Trillion?
The plaudits NVIDIA receives seem to have no bounds but they also seem deserved when you look under the surface.
This is a company with a perfect Piotroski score of 9, suggesting rock solid fundamentals. It’s not a surprise, as a result, to discover that a full 30 analysts increased their earnings estimates for the company for the upcoming quarter.
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Read MoreThe Ivy
1 Cybersecurity Stock To Buy On The Dip?
Cybersecurity company SentinelOne (NYSE:S) has seen its stock drop by about 12% YTD, following a broader slump among cybersecurity companies.
This dip, contributed to by both high valuations and market disillusionment after Crowdstrike’s disastrous July outage, has wiped out value for some shareholders while potentially creating opportunities for others.
» Read more about: 1 Cybersecurity Stock To Buy On The Dip? »
Read MoreThe Spotlight
If You Could Only Buy 1 High-Income Fund, What Would It Be?
Options trading is sometimes viewed as risky and that reputation is well-earned, especially when selling calls and puts naked. But when combined with stock ownership in the form of a covered call, it can be quite a conservative strategy.
Similar to the popular ETFs that track indexes like the S&P 500, a covered call ETF can be bought and sold like a stock,
» Read more about: If You Could Only Buy 1 High-Income Fund, What Would It Be? »
Read MoreThe Daily
Oil Brokerage Acquires Blue Commodities, Expanding Physical Broking Capabilities
Acquisition Enhances Oil Brokerage’s Market Reach in Middle Distillates, Fuel Markets, and Shipping, and further expands OTC Global Holdings’ global leadership
LONDON and HOUSTON and NEW YORK, Oct. 9, 2024 /PRNewswire/ — Oil Brokerage, a leading player in the global commodities brokerage sector and a subsidiary of OTC Global Holdings,