Why This Insurance Giant’s Stock Dip Could Be a Buying Gift
Shares of insurance giant Progressive (NYSE:PGR) have fallen considerably over the last week, moving away from their 52-week high of $292.
The stock’s quick price drop came despite strong ongoing performance at Progressive. Why did Progressive stock go down, and is now a good time to buy the stock while its prices are still lower? » Read more about: Why This Insurance Giant’s Stock Dip Could Be a Buying Gift »
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1 Super Obvious Buffett Stock to Buy Now
Back in 1850 when American Express was originally founded, it was a mere express mail service. Today, it’s one of the most prominent financial services companies globally and has won Warren Buffett’s favor as a long-term investor.
That’s in large part due to its stunning business model that features four major categories: U.S.
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Extraordinary Buying Opportunity in Market Leader
Happy July 4th to our American readers.
PayPal has faced its fair share of difficulties but with the S&P 500 setting new all-time highs, this beaten down market leader may be on the cusp of returning to former glories.
While PayPal rode the wave of an upsurge during the pandemic lockdowns that drove contactless ordering,
» Read more about: Extraordinary Buying Opportunity in Market Leader »
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1 Wild Stat Since 1990 Is Ominous
The market is much like a pendulum, swinging back and forth, or more precisely up and down. With each dip, it finds the energy to power higher to break new highs. Until the buyers are exhausted that is, and then a correction follows.
Usually, it climbs up steps, slowly and methodically, but falls down the elevator shaft.
» Read more about: 1 Wild Stat Since 1990 Is Ominous »
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Is the Market Going to Go Lower?
The last month has been extremely difficult for the stock market. Worries over tariffs, slowing economic growth and inflation have sent the S&P 500 and NASDAQ into a correction. With fears of a bear market and even a possible recession looming, the question on everyone’s mind is what the stock market will do next.
Let’s examine the factors that are driving the market down and whether it could still fall from its current level.
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Read MoreThe Ivy
Is This Market Doomed?
This year headlines blared about the S&P 500 entering correction territory and the Nasdaq dipping into a bear market. For newer investors, it may feel like the sky is falling but seasoned traders know better, it’s just another chapter in a very old playbook.
The truth is, if you think this year has been rough,
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Read MoreThe Spotlight
Major European Fintech with 36% Upside?
Euronet Worldwide (NASDAQ: EEFT) isn’t particularly well-known on US shores but it sits at the intersection of financial technology and the growing demand for cross-border transactions.
If you’re not already familiar with the firm it has a pretty diverse portfolio of financial technology services that encompass ATMs,
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Read MoreThe Daily
US Stock Market today: S&P 500, Nasdaq, Dow Jones to open with gains today as Apple, Nvidia stocks to soar
Wall Street was poised to open with gains on Thursday as U.S. stock index futures rose signaling fresh momentum for Wall Street, on signs that major tech firms may sidestep President Donald Trump’s latest chip import tariffs. Futures for the S&P 500 rose 0.6 per cent, while futures for Dow Jones Industrial Average added 0.5 per cent.