New Strong Sell Stocks for January 20th

TipRanks
Jim Cramer Says Earnings Estimate Cuts Will Form an Investable Bottom; Here Are 3 ‘Strong Buy’ Stocks That Are Already Down 50%
As we move toward the end of Q2, it’s time to start thinking about earnings. Looking back at the quarter, analysts are predicting earnings growth of 8%, which may rise to 11% heading into next year. It’s a rosy picture, but it’s also not a sure thing. GDP contracted in Q1, by nearly 1.5%, and some estimates are showing 0% growth in Q2. Such results would meet the technical definition of a recession – and recession is hardly the usual environment to find robust earnings growth. Looking at current
17h ago
The Telegraph
Russia to default for first time in a century as payment deadline looms
Nuclear submarine supplier to be sold to US buyer after diplomatic row Russian default expected within days Retail sales volumes down 0.5pc in May FTSE 100 rises strongly Ambrose Evans-Pritchard: The pro-Brussels establishment is painting Brexit as an economic disaster to reverse it Sign up here for our daily business briefing newsletter
13h ago
SmartAsset
How Much Does a $300,000 Annuity Pay Per Month?
When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an annuity, it's important to consider how much … Continue reading → The post How Much Does a $300,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.
16h ago
Indiewire
Netflix Lays Off Another 300 Staffers Amid Subscriber Decline
As Netflix cuts costs to ease subscriber-loss pains, more jobs have been scrapped.
2d ago
MoneyWise
8.6% inflation is turning your cash into trash — but these 3 simple income stocks (yielding as high as 12%) can help you come out ahead
At current levels, investors need a 7% to 8% return just to preserve their wealth.
2d ago
Insider Monkey
10 Value Stocks to Buy According to Billionaire David Tepper
In this article, we will take a look at 10 value stocks to buy according to billionaire David Tepper. If you want to skip our discussion on Tepper’s history and his hedge fund’s performance, go directly to 5 Value Stocks to Buy According to Billionaire David Tepper. With a net worth of $16.7 billion, David […]
15h ago
MoneyWise
Here’s why Warren Buffett bought all the Occidental Petroleum shares he could, even with oil prices well above $100
Energy prices are high. But bargain-hunter Buffett continues to bet on big oil.
1d ago
Barrons.com
Tesla Shanghai to Halt Production Temporarily. It Isn’t Covid.
Tesla plant near Shanghai is going to shut down temporarily, according to reports. On Wednesday, Reuters reported that Tesla (ticker: TSLA) will shut down production in China for a couple of weeks at the start of July to upgrade equipment. Tesla didn’t return a request for comment.
2d ago
Variety
Variety Names Los Angeles Times Alum Steven Banks as Creative Director
Steven Banks has joined Variety as creative director. The publishing veteran will steer the brand’s design and aesthetic across all editorial platforms, reporting to Variety incoming co-editor-in-chief Ramin Setoodeh and co-editor-in-chief Cynthia Littleton. Banks is leading a department that is seeing record levels of activity for Variety’s weekly print magazine, as well as dozens of […]
2d ago
TVLine.com
TVLine Items: SEAL Team Adds Series Regular, Outer Banks Casting and More
SEAL Team is expanding its ranks, adding Raffi Barsoumian (Legends of Tomorrow) as a new series regular for Season 6 of the Paramount+ drama. The actor will play Omar, “a Senior Chief with 15 years of experience as a SEAL,” our sister site Deadline reports. “The son of Syrian immigrants, Omar has a deep understanding […]
1d ago
Fortune
Peloton and 2 other major ‘zombie’ companies could soon go to $0, leading stock research firm CEO says
“Time is running out for cash-burning companies kept afloat with easy access to capital,” New Constructs CEO David Trainer said in a Thursday research note.
2d ago
Yahoo Finance
Lego going green means 'reinventing the entire product' ahead of $1 billion Virginia investment
The Lego Group recently announced a $1 billion investment to build a new carbon-neutral factory in Chesterfield County, Virginia, in a strategic supply chain and sustainability move.
2d ago
LA Times
Inside the crypto restaurant after the crypto crash
Bored & Hungry is a magnet for fans of Bored Ape NFTs and other crypto projects. While finding a tasty burger there is no problem, paying for it with crypto is another story.
18h ago
Motley Fool
3 High-Yield Dividend Stocks That Could Soar
High-yield dividend stocks are a major component of my stock portfolio. Here are three income stocks that have room for solid gains in the next year and even better gains over the long run. The blue-chip business development company (BDC) Main Street Capital (NYSE: MAIN) has held up better than the S&P 500 index, which is down 21% so far this year.
18h ago
Investor's Business Daily
Dow Jones Gains; Tesla Falls After Elon Musk Reveals These Fears; This Stock Up As Warren Buffett Raises Stake
The Dow Jones moved higher as yields fell. Tesla stock skidded after CEO Elon Musk voiced a warning. A Warren Buffett stock rose.
1d ago
The Independent
Trump obsesses over exact position of water glass in bizarre clip from bombshell Jan 6 film
Documentary footage subpoenaed by House Select Committee investigating the Capitol riot
20h ago
Barrons.com
What’s Wrong, Warren? Berkshire Hathaway Stock Has Been Hit Hard in June.
The drop is exciting some Berkshire investors because the stock now trades for 1.3 times Barron's estimate of its June 30 book value, compared with more than 1.5 times at its March high.
15h ago
Investor's Business Daily
This Is No Bitcoin Crash, It's A 'Crypto Ice Age' — And Here's Why
Bitcoin bear markets aren't unusual. But cryptocurrencies have never faced such an aggressive Federal Reserve. Welcome to the crypto ice age.
8h ago
Bloomberg
S&P 500 May Have Another 24% to Fall, 150 Years of Market History Shows
(Bloomberg) -- The S&P 500 Index may have another 24% to fall by year-end, if the past 150 years of financial-market history are any guide.Most Read from BloombergJuul’s Vaping Products Are Ordered Off the Market in the USThese Are the World’s Most Liveable Cities in 2022Elon Musk Says New Tesla Plants Are ‘Money Furnaces’ Losing BillionsRecession Worries Boost Treasuries; Stocks Advance: Markets WrapThe World’s Bubbliest Housing Markets Are Flashing Warning SignsThat’s according to Societe Gene
1d ago
Reuters
Banks rally after stress test, Bank of America underperforms
Shares in the biggest U.S. banks rallied on Friday after they passed the Federal Reserve's annual health check, but Bank of America underperformed with test results implying it needs a larger-than-expected capital buffer, which could limit share buybacks and dividends. While the broader equity market also rallied on Friday, Wells Fargo & Co, up 7.5%, was the biggest gainer among the 34 lenders that underwent the Fed's so-called stress test, which measures how they would fare in a hypothetical severe economic downturn. The group would have roughly twice the capital required under Fed rules in the downturn scenario, it said.
15h ago

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New Strong Sell Stocks for January 20th

Recommended Stories

Jim Cramer Says Earnings Estimate Cuts Will Form an Investable Bottom; Here Are 3 ‘Strong Buy’ Stocks That Are Already Down 50%

Russia to default for first time in a century as payment deadline looms

How Much Does a $300,000 Annuity Pay Per Month?

Netflix Lays Off Another 300 Staffers Amid Subscriber Decline

8.6% inflation is turning your cash into trash — but these 3 simple income stocks (yielding as high as 12%) can help you come out ahead

10 Value Stocks to Buy According to Billionaire David Tepper

Here’s why Warren Buffett bought all the Occidental Petroleum shares he could, even with oil prices well above $100

Tesla Shanghai to Halt Production Temporarily. It Isn’t Covid.

Variety Names Los Angeles Times Alum Steven Banks as Creative Director

TVLine Items: SEAL Team Adds Series Regular, Outer Banks Casting and More

Peloton and 2 other major ‘zombie’ companies could soon go to $0, leading stock research firm CEO says

Lego going green means 'reinventing the entire product' ahead of $1 billion Virginia investment

Inside the crypto restaurant after the crypto crash

3 High-Yield Dividend Stocks That Could Soar

Dow Jones Gains; Tesla Falls After Elon Musk Reveals These Fears; This Stock Up As Warren Buffett Raises Stake

Trump obsesses over exact position of water glass in bizarre clip from bombshell Jan 6 film

What’s Wrong, Warren? Berkshire Hathaway Stock Has Been Hit Hard in June.

This Is No Bitcoin Crash, It's A 'Crypto Ice Age' — And Here's Why

S&P 500 May Have Another 24% to Fall, 150 Years of Market History Shows

Banks rally after stress test, Bank of America underperforms