Winnebago Industries shows rising price performance, earning an upgrade to its IBD Relative Strength Rating
In 2020, Africa50, an infrastructure financier backed by the Africa Development Bank (AfDB) Group and a good number of African governments, hosted an innovation challenge that sought affordable and reliable solutions for last-mile internet connectivity across the continent. A proposal by Poa Internet, a Kenyan startup, beat 673 others from across the world as a result of which it was added to Africa50’s investment pipeline in addition to winning a cash prize. Slightly over one year after the win, the internet service provider (ISP) has received $28 million in a Series C funding round led by Africa50, bringing the total amount it has raised to date to $36 million.
Novavax has resolved manufacturing issues and gained authorization in more than 30 countries. Novavax may be on its way to generating billions of dollars in revenue. With all of this good news, could Novavax stock go parabolic?
There wasn't any company-specific news released today, but investors may be following a larger trend of selling technology stocks as bond yields rise. Nikola's stock is down by 6% as of 10:50 a.m. ET. Investors typically sell high-growth tech stocks when bond yields rise because it means that future profits from these companies will be worth less than they would have been if rates remained lower.
In this article, we discuss the 10 Jim Cramer stocks to buy in Q1 2022. If you want to skip our detailed analysis of these stocks, go directly to the 5 Jim Cramer Stocks to Buy in Q1 2022. Investors have been scrambling to identify the “real value” of stocks as reports suggest that as […]
Despite sell-offs roiling the broader market, the stock of Digital World Acquisition (NASDAQ: DWAC) is rocketing higher today. There doesn't appear to be any fresh news powering the gains, but excitement surrounding the stock is surging ahead of the company's merger with Trump Media & Technology Group and the launch of their social media platform, Truth Social. It's a social media service backed by Donald Trump that's on track to launch Feb. 21, and investors are pouring into Digital World Acquisition stock ahead of the debut.
The cut doesn't mean the business is in trouble, and AT&T's payout will still provide a solid passive income. AT&T has a pending deal to spin off WarnerMedia, AT&T's streaming and entertainment assets, and merge them with Discovery to form a stand-alone, new streaming company. AT&T shareholders will receive 71% of the shares of this new business, and shareholders of Discovery (also the proposed name of the new company) will receive the other 29%.
After initially trading up on generalized enthusiasm or tech stocks (in the wake of yesterday's Microsoft-Activision Blizzard merger announcement), shares of semiconductor giant Nvidia (NASDAQ: NVDA) took a turn for the worse Wednesday, and are now down 2.6% as of 11:30 a.m. ET. At its current valuation of 93 times trailing earnings, Nvidia is one very pricy stock. The average valuation of stocks on the S&P 500, for example, is just 26 times earnings, meaning Nvidia shares cost more than three times the average.
Let’s talk about quality stocks. Of course, this is the direction that every investor wants to go; but the question is, how to recognize them? Do we go all-in on the big-value, big-name giants? Or do we dig a little deeper, and find the high-end nuggets that are hiding in the sandheap? Weighing in from investment bank Morgan Stanley, chief investment officer Lisa Shalett recommends the latter. She recommends investors to look for beaten-down stocks, equities that have lost value recently – but t
With the expected explosion of data coming over the next several years, these two stocks could benefit immensely.
Tilray Brands (NASDAQ: TLRY) reported its latest quarterly results last week. Using three charts, I'll look at just what drove those improved numbers and whether Tilray had a good quarter or not, and determine if it looks to be a better buy right now. In the company's second-quarter results, for the period ending Nov. 30, 2021, Tilray reported net revenue of $155.2 million.
Midstream giant Enterprise has plenty of cash to pay its distribution, but don't expect big increases anytime soon.
In this article, we discuss the 13 best cloud stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Cloud Stocks To Buy Now. The cloud sector has been pummeled in recent weeks after the Federal Reserve indicated that interest rate hikes are on […]
Still wondering if a bear market is coming soon for the S&P 500? It's already here now for a staggering number of big U.S. stocks.
It is hard to get excited after looking at Roku's (NASDAQ:ROKU) recent performance, when its stock has declined 51...
(Bloomberg) -- The co-founder of fintech unicorn BharatPe will go on a two-month leave of absence, a remarkable turn of events for an outspoken 39-year-old who several Indian media outlets in recent weeks had alleged having made an abusive phone call to a bank employee. Most Read from BloombergMicrosoft Buys Scandal-Tainted Activision in Bet on MetaverseFourth Pfizer Dose Is Insufficient to Ward Off Omicron, Israeli Trial SuggestsCovid-19 Infected Lions Prompt Variant Warning in South AfricaMicr
Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American Silver") today announced its preliminary production results for the fourth quarter ("Q4 2021") and full year 2021 ("FY 2021").
In this article, we discuss the 10 best fertilizer stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Fertilizer Stocks To Buy Now. Fertilizer prices across the world have skyrocketed in recent months amid a production lull from China, an export ban in […]
The stock market has gotten off to a rocky start in 2022, and Tuesday delivered another day of sell-offs and a 1.8% drop for the S&P 500 index. Amid the turbulent backdrop, Palantir (NYSE: PLTR) stock closed out the day down 6.5%. There wasn't any company-specific news driving the big-data company's most recent slide, but growth-dependent technology stocks have had a rough go of things lately due to a multitude of macroeconomic risk factors, and these were once again highlighted in Tuesday's trading.
Ford will record an $8.2 billion gain on its investment in Rivian when the Detroit auto maker reports its fourth-quarter financials.
The EV upstart has fallen out of favor among more value-focused investors.