3 Unstoppable Growth Stocks to Buy if There's a Stock Market Sell-Off
It’s no secret that the major market indices have been hitting new highs. Investors feel optimistic over the recently concluded presidential election amid news of a healthy economy.
However, unexpected bad news could trigger a sharp and sudden sell-off. Investors need to understand that such sell-offs are normal in the stock market. Rather than feeling surprised,
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Read MoreStock market today: Indexes rise and dollar gains as stock investors head for a winning week
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- US stocks were up on Friday as the market headed for a weekly gain.
- The US dollar, meanwhile, surged to its highest since November 2022.
- Earnings season has nearly concluded with 77% of S&P 500 firms beating third-quarter profit estimates.
Stock market today: Wall Street opens higher as it heads for a winning week
NEW YORK (AP) — Stocks edged higher in midday trading on Wall Street Friday, keeping the market on track for its fifth gain in a row.
The S&P 500 was up 0.1% and is solidly on track for a weekly gain that will erase most of last week’s loss.
The Dow Jones Industrial Average climbed 226 points,
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Read MoreStock Market Today: Dow up 200 points as stocks head for weekly gain
Oil futures climbed on Friday, with the U.S. crude benchmark up by more than 5% for the week on ongoing tensions between Russia and Ukraine, but natural-gas prices eased back after a five-session run up.
West Texas Intermediate crude for January delivery rose 38 cents,
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Read MoreThe Stock Market Is Soaring but These 2 Stocks Are Still Dirt Cheap Buys
Earlier this month, the S&P 500 hit a record high of more than 6,000 for the first time ever. Based on that, you might assume that stocks may be too expensive to buy right now as the average stock in the index is trading at more than 25 times earnings.
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Read MoreThe Burst
Is Lemonade Stock a Sweet Deal Down 87%
When insurance technology firm Lemonade first debuted on the markets at an official price of $29 before soaring to $66 per share, it was caught up in a frenzy of bullish speculation that subsequently led the stock to rally to $183 per share.
But the excitement wasn’t to last and now the share price sits about 85% lower.
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Read MoreThe Ivy
What Oracle CEO Said 55 Hours Ago Will Shock You
I’m old enough to remember when Oracle was $13 per share in 2003 and by 2006 it was still $13 per share.
The company seemed as old and boring and stodgy as any tech company could become. It was almost like an IBM relic that would gather dust, selling software to enterprises and producing a boatload of cash flow but really doing nothing to excite investors or innovate.
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Read MoreThe Spotlight
Stagflation Is Here to Stay, How To Invest?
Back in the 1970s when stagflation took hold the world looked a whole different than it does today. Landlines have been replaced by mobile phones. TVs have been replaced by streaming apps. Records have been replaced by Spotify. But one thing that hasn’t changed is the definition of stagflation, a period where inflation rises at a more rapid pace than the economy.
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