2 Stocks With Nearly 200% Upside
It’s a tough time for tech stocks. After hitting impressive highs in November 2021, the Nasdaq Composite is down more than 25 percent year-to-date as of mid-May 2022. Day after day, the index seemed to hit new 52-week lows. That’s bad news for growth investors because Nasdaq is home to tech companies that have historically been winners.
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Is Amazon the BEST Deal in the Market Now?
Investors with the foresight to buy Amazon stock during its May 1997 IPO have realized astonishing returns. Since its launch, Amazon stock has gained more than 125,700 percent, and it is preparing for a stock split that is likely to deliver additional returns.
However, recent events have some investors thinking that Amazon’s winning streak is over,
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1 Under the Radar Stock With Astonishing Metrics
The fundamental concept of value investing is identifying stocks that are priced too low relative to the underlying performance and future prospects of the company. While sometimes difficult to find, such mispriced stocks can generate incredible returns over time.
One under the radar stock that is trading quite low while producing excellent growth and margin metrics is Canaan (NASDAQ:CAN).
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How To Make 100% In Next 11 Months
The most important Federal Reserve announcement ever led to about as much excitement yesterday as two turtles racing to a finishing line.
Prior to the announcement by Chairman Jerome Powell, the market had forecast, with 68% probability, a 50bps rate cut.
That alone signaled that the market had priced in precisely what the Fed delivered and so when expectations became reality not a whole lot happened.
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Did Walmart Trainwreck The Whole Market?
Walmart (NYSE:WMT) tumbled in spite of strong Q4 results that revealed a 5.3% year-over-year sales increase to $182.6 billion and adjusted earnings per share up 10% to $0.66.
It’s confusing at first glance to figure out why the stock fell so sharply because both numbers beat analysts estimates.
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Spotlight: Dine On Steak After This Brazilian Breakout
Rates are going up everywhere, at least that’s what the financial press would have you believe. On July 26, Federal Reserve Chairman Jerome Powell oversaw a rate hike that placed interest rates at 22 year highs, pegging them at 5.25-5.50%.
The market had largely priced in the rate hike and so the S&P 500 fell just 0.17% on the day.
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