The first fast-paced company with serious upside is hydrogen fuel-cell solution provider Plug Power (NASDAQ: PLUG). According to analyst Amit Dayal of H.C. Wainwright, Plug Power can reach $78. For those of you keeping score at home, this would work out to a near-quintupling in the company's share price in 2023.
Chances are good you're ahead of 25% of your peers.
The 2008 financial crisis, one of the biggest financial debacles in history, made Michael Burry a legend. It made him one of the examples to follow in defiance of standard practices in financial circles.
Shares of General Electric were raised to an outperform ("Buy") rating by a sell-side firm Tuesday. In this daily bar chart of GE, below, we can see that prices made a potential double bottom pattern. Notice how trading volume decreases from late October to early December as prices rallied.
This has been a tumultuous year for many stocks -- among them, stalwarts AT&T (NYSE: T) and Verizon (NYSE: VZ). Despite those successes, AT&T had to cut its free-cash-flow forecast for the year by $2 billion.
A strong jobs report has investors questioning how soon the Federal Reserve will be able to ease its rate hiking campaign. Shares of United Parcel Service (NYSE: UPS) got caught in the downdraft, down as much as 3.7% on Monday. Through much of 2022, the market has moved based on sentiment about the Fed, and specifically about whether the central bank's rate-hiking campaign will throw the economy into a recession.
Yahoo Finance Live’s Brad Smith breaks down how stocks are moving after the opening bell.
What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
A strong jobs report these days runs counter to the Fed’s wishes. The line of thought is that if the job market is still too hot, the Fed won’t be keen on loosening its tight monetary policy in the ongoing efforts to tame inflation. And this is a scenario the market is keen to avoid after a series of 75 basis-point hikes this year. But J.P. Morgan Asset Management chief strategist David Kelly thinks the latest numbers flatter to deceive and believes the way the data is reported distorts the real
Nio (NYSE: NIO) stock spiked Monday morning, but it didn't take long for it to reverse course. The volatility shows just how dynamic the economic situation is in China. Shares of the Chinese EV maker jumped nearly 7% after the market opened, but by 12:40 p.m. ET, Nio stock was down by 1.6%.
Yahoo Finance Live anchors discuss reports that GameStop has laid off more staff.
Wall Street analysts are busy publishing their 2023 lookahead pieces, and Cowen analyst Jeff Osborne is out with the big one - the firm’s Future of Mobility report. In the nearly 500 page report, Osborne has partnered with 16 other analysts at the firm to map out what’s next in the space - from electrification, to government regulation, to infrastructure, and even 5G and edge computing to give investors the lay of the land. Cowen has also detailed around 50 stocks to target for exposure.
Everybody hates being told what to do, and retirement investors hate it even more when being told what to do comes with a hefty tax bill – which brings us to the IRS rule known as required minimum withdrawals, or … Continue reading → The post Here's the One-Word Secret to Lowering the Tax Hit on your IRA RMDs appeared first on SmartAsset Blog.
(Bloomberg) -- Contagion from the messy implosion of Sam Bankman-Fried’s crypto empire is spilling into the world of decentralized finance, after a hedge fund was declared in default on almost $36 million of loans.Most Read from Bloomberg‘Huge, Missing and Growing:’ $65 Trillion in Dollar Debt Sparks ConcernEx-Deutsche Bank Trader Builds $6 Billion Fortune on Trading BoomThird Russian Airfield Hit by Drone as Moscow Accuses UkraineStocks Hit by Fed-Hike Jitters as US Yields Surge: Markets WrapEl
Top-line data from a phase IIb/III study shows that Anave's (AVXL) lead drug exhibited statistical and clinical improvement in cognition and function in patients with early Alzheimer's disease.
In the last year, multiple insiders have substantially increased their holdings of Ardelyx, Inc. ( NASDAQ:ARDX ) stock...
The DraftKings sportsbook is being built across Hayden Road from the clubhouse of the Stadium Course at TPC Scottsdale — home of the WM Phoenix Open. DraftKings CEO Jason Robins and PGA Tour Commissioner Jay Monahan were in Scottsdale Dec. 5 to discuss the future of the project.
DEEP DIVE Stocks of companies that raise dividends consistently have outperformed during this year’s bear market. Below is a screen showing which stocks are analysts’ favorites for next year among an expanded list of Dividend Aristocrats.
After a punishing 2022, it may be time to bet on bonds backed by the U.S. government, particularly if a recession hits, according to Truist Advisory Services.