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SGEN earnings call for the period ending June 30, 2021.
When you buy a stock, the worst thing that can happen is that you lose 100% of your investment. Of course, that's not a great outcome, but the downside is smaller than the upside. In other words, when you buy a stock, the upside doesn't stop at 100%.
Benjamin Graham once said: "In the short run, the market is a voting machine but in the long run, it is a weighing machine." It means that sentiment drives stock prices at any given moment, but over a span of many years, the price will reflect the actual value created by the business. In some cases, it's hard to find a rationale for a stock price that conforms to reality.
Read more to find out why we think Novavax (NASDAQ: NVAX), Sorrento Therapeutics (NASDAQ: SRNE), and InMode (NASDAQ: INMD) will close out 2021 with a bang. Taylor Carmichael (Novavax): Novavax stock has already doubled this year, running from $112 back in January to $233 this week. Right now, Moderna enjoys a $169 billion market cap, and BioNTech sports a $79 billion valuation.
Shares of satellite communications company Globalstar (NYSEMKT: GSAT) crashed 21% yesterday after it became apparent that Apple's (NASDAQ: AAPL) new iPhone 13 will in fact not enable users to call each other via satellite. In the absence of any actual "good" news to explain the stock's bounce higher, I can only surmise that what we're looking at today is a "dead cat bounce." The way they would have placed that bet would have been by shorting Globalstar stock (i.e., selling stock they did not own, in hopes of buying it back later, cheaper, and returning the shares to their rightful owners).
Congressional Democrats want to slam shut a tax loophole known as the “backdoor” Roth IRA. In one of several proposed changes that target the retirement accounts of wealthy Americans, Democrats on the House Ways and Means Committee want to prohibit people … Continue reading → The post Democrats Want to End This Lucrative Retirement Account Loophole appeared first on SmartAsset Blog.
The market has written off these two high-quality stocks, but both could complement an income investor's portfolio.
The most far-reaching part of Democrats' proposal within the $3.5 trillion reconciliation package is the requirement for many businesses to offer a retirement plan for their workers.
“Nobody ever got fired for buying IBM“ – this old Wall Street Proverb has likely been challenged in recent times, as International Business Machines Corporation(NYSE: IBM)struggled to keep pace with the broad market. In this article, we will reflect on that and look at the company's actions to stop and potentially reverse this trend.
More news today from Chinese officials has investors fearing what might be next for U.S.-traded Chinese companies.
Demand for refis continues to fall because homeowners are making this risky bet.
A key reason why many people invest in biotech companies is that they expect them to grow much larger. Here's why they chose BioNTech (NASDAQ: BNTX), CRISPR Therapeutics (NASDAQ: CRSP), and Gritstone Bio (NASDAQ: GRTS). Zhiyuan Sun (BioNTech): In the past year, BioNTech shares have more than quintupled on investor enthusiasm surrounding its coronavirus vaccine, Comirnaty, developed jointly with Pfizer (NYSE: PFE).
Cell biology specialist Berkeley Lights (NASDAQ: BLI) was getting slammed by investors on Wednesday, following a scathing tweet from an institutional short-seller. A firm called Scorpion Capital, which describes itself as focused on "activist short selling" of businesses it considers dubious, thrashed Berkeley Lights in a tweet thread published Wednesday morning. In the thread, Scorpion Capital forcefully accused the company of "Fleecing Customers And IPO Bagholders With A $2 [million] Black Box That's A Clunker."
If this is because business prospects have worsened, the dividend is at risk. Based on these stocks' yields, you should just about double your money on the dividends alone, as long as you reinvest them at the same rate. Add in the potential for stock price appreciation, and these high-risk stocks could provide you with a nice reward in a decade.
With the business potentially at an important milestone, we thought we'd take a closer look at Bloom Energy...
You don't have to settle for boring old dividend stocks to fit that purpose. Three stocks to put on your list if you're a buy-and-hold investor are Abbott Laboratories (NYSE: ABT), Palantir Technologies (NYSE: PLTR), and Walmart (NYSE: WMT). Abbott Laboratories is a robust healthcare business that makes for an ideal set-and-forget investment.
Essentially, investors are all after the same thing: strong returns. While you can’t argue with putting your cash to work behind the stock market’s stalwarts, which time and again has proven to be a successful investing strategy, if you’re after some serious upside, further down the stock food chain is where the real gains are made. Of course, the further afield you wander from the mainstream, the risker the investment becomes, but that is the nature of the beast. Playing it safe is one game pla
What happened Shares of computing solution and Bitcoin (CRYPTO: BTC) mining supplier Canaan (NASDAQ: CAN) fell as much as 13.8% in trading on Wednesday after the company announced second-quarter 2021 financial results.
A SpaceX launch featuring an all-civilian crew took place Wednesday night, kicking off an era of commercial orbital launches.
Gold futures head for back-to-back losses on Thursday and potentially the sharpest decline in bullion in almost six weeks as the U.S. dollar and yields for government debt popped higher.
These companies are benefiting from solid secular tailwinds, and their shares are still trading for cheap.