|Bid||26.50 x 2900|
|Ask||27.00 x 1400|
|Day's Range||26.75 - 28.79|
|52 Week Range||15.63 - 75.49|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 10, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||30.56|
A broad cross-section of stocks tumbled on Friday, as market watchers focused on the deteriorating macroeconomic conditions and whether moves by the Federal Reserve Bank to tame inflation could potentially push the country into a recession. With that as a backdrop, e-commerce pioneer Amazon (NASDAQ: AMZN) was down as much as 4.2% on Friday morning, online used car retailer Carvana (NYSE: CVNA) was off by as much as 6.4%, and cross-border sales facilitator Global-e Online (NASDAQ: GLBE) slipped as much as 8.4%. In fact, the Fed had telegraphed in recent weeks that another sizable rate hike was coming, so Wall Street already had that baked into stock prices.
In this article, we discuss the 10 growth stocks that Cathie Wood is buying. If you want to read about some more stocks in the Wood portfolio, go directly to Cathie Wood is Buying These 5 Growth Stocks. Cathie Wood of ARK Investment Management manages an equity portfolio that was worth close to $17 billion […]
The company provides cross-border e-commerce solutions that make it easier for businesses to sell goods internationally. Morgan Stanley analyst James Faucette has a price target of $51 on the company, implying a significant upside from the current stock price. While this represents an aggressive increase in the company stock price over just one year, here's why Global-e could reach and possibly even exceed this price target over the long term.