Could This Photo Firm Double Your Money?
2 million customers in more than 150 countries use Shutterstock (NYSE: SSTK), a company that widely has the reputation of being “just a stock photo” company. In reality, it has a vast array of images, videos, music, and even an AI-driven creative platform.
With its extensive library of over 390 million images and 24 million videos and as a leader the global stock photo and video market that is forecast to reach $5 billion by 2027, » Read more about: Could This Photo Firm Double Your Money? »
Read MoreWhat Amazon’s 20:1 Stock Split Means
Last March, Amazon announced that it would split its shares. The split happened officially on June 3, but it will only apply to investors who own shares on or before May 27. If you own one share of Amazon pre-split, you will have 20 shares on Monday, June 6 when trading resumes.
So,
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Read MoreHow To Buy The Dip (& Make Money)
Promising growth stocks like Peloton, Zoom, Tesla, and Netflix have dropped significantly since the start of the year. In some cases, the massive gains they made during the pandemic have been completely erased. Even tech companies like Snowflake, Amazon, and Upstart have struggled, despite continued demand for their products and services.
For some,
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Read MoreWill NIO 5x Your Money?
One such stock is NIO (NASDAQ: NIO),
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Read MoreDid Musk Just Reveal Why Nvidia Goes Higher?
Five years ago, Nvidia traded at $36 per share. It now hovers around $1,145 per share. At first glance, it’s hard to reconcile not only the price rise but the market capitalization. Nvidia trades at a valuation of $2.8 trillion. For comparison, Apple has a market cap of $2.9 trillion.
Apple generated $383 billion in revenues last year and reported net income of $96 billion.
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Read MoreThe Burst
Market Commentary: 1 Marine Stock On Sale
Buying a boat manufacturer ranks right up there as one of the most treacherous investments when interest rates are elevated, at least on the surface.
But then there’s Marine Products Corporation that trades with a price-to-earnings ratio of just 7x. Not only is the PE ratio attractive but the earnings have been growing steadily quarter over quarter and operating income looks very attractive for the past three years too.
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Read MoreThe Spotlight
Is Upstart a Screaming Buy?
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Read MoreThe Daily
Warren Buffett and Cathie Wood Only Own 1 Stock in Common, and Billionaire Investor Bill Ackman Just Bought It, Too
Warren Buffett, Cathie Wood, and Bill Ackman are three powerhouse investors who each have a different approach to investing.
Warren Buffett is a legend who has outperformed the stock market by a landslide over his years of investing. He’s a proponent of value investing, and he typically invests in large,