Is Last Friday’s 10.99% Gain Just The Start?
A few weeks ago we wrote an article titled Is This Space Stock Set To Blast Off, which featured Planet Labs. Fast forward to last Thursday’s earnings report, and Friday’s trading action, which resulted in a 10.99% one-day gain and it seems fair to say Planet may be on the cusp of escaping gravity soon. » Read more about: Is Last Friday’s 10.99% Gain Just The Start? »
Read MoreWarning, Warning: Real Estate Crash Incoming
According to Apollo, the housing slowdown is on pace for the fastest ever decline in history. Relative to past corrections, which appear to meander slowly downward by comparison, the 2022 housing market appears to virtually fall off a cliff.
Within 7 months of Federal Reserve interest rate hikes, the cumulative change in existing single-family home sales eclipsed a record -20%.
» Read more about: Warning, Warning: Real Estate Crash Incoming »
Read MoreBuffett Slashes Stake in Decade-Long Holding
A great investor knows when to pivot and let go of investments that once fit within their portfolios but may no longer suit their current and future goals. That may explain why Buffett cut his holding company’s position in U.S. Bancorp (USB) by more than half.
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Read MoreIs This Dividend King The MOST Undervalued Of All?
Dividend kings are a rare breed. A company must have increased its dividend consecutively for the past 50 years to qualify for the elite status. The list of companies that make the cut is small, as a result, and includes:
- Johnson & Johnson
- Procter & Gamble
- Coca Cola
- Altria Group
- Target
- Sysco
- Parker Hannafin
- American States Water Company
- Tootsie Roll Industries
The total number of companies that are on the list could hardly be counted on your fingers and toes.
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Read More1 ETF Set To Way Outperform?
A joke went viral recently when a comedian wrote a skit about two people arguing over the merits of the US Dollar and Bitcoin respectively. Had you invested $10,000 in Bitcoin in 2010, you would have almost $100 million now, according to the skit writer. If you left your $10,000 in fiat currency you would have about $8,500.
» Read more about: 1 ETF Set To Way Outperform? »
Read MoreThe Burst
Billionaire Bought This Under-the-Radar Chip Stock
At one time, Al Gore’s fund, Generation Investment Management, had so much conviction in Qualcomm that they bet around half a billion dollars on it.
Today, another huge investment fund founded by billionaire David Tepper has a stake in the chipmaker. What is it that these money managers see in the San Diego-headquartered firm to persuade them to risk hundreds of millions of dollars?
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Read MoreThe Spotlight
Fast Growth Stock To Pop 230%?
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Read MoreThe Daily
Cathie Wood-Led Ark Invest Roblox, Roku, UiPath As Markets Take A Dip
On Friday, Cathie Wood-led Ark Invest made some significant trades, with notable activity around stocks such as Roblox Corp. RBLX, Roku Inc. ROKU, UiPath Inc. PATH, Ibotta Inc. IBTA,
» Read more about: Cathie Wood-Led Ark Invest Roblox, Roku, UiPath As Markets Take A Dip »